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VEGOILS-Palm slips on profit-taking, firm ringgit; still set for third weekly gain
KUALA LUMPUR, Jan 23 (Reuters) - Malaysian palm oil futures fell on Friday amid profit-taking and a firmer ringgit, but remained on track for a third weekly gain. The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange slid 30 ringgit, or 0.71%, to 4,167 ...Reuters
Fri, Jan 23
Oil prices rebound after Trump comments on 'armada' moving to Iran spur supply worries
PERTH, Jan 23 (Reuters) - Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of military action that could disrupt supplies.Brent crude futures for March LCOc1 rose 35 cents, or 0.55%, to $64...Reuters
Fri, Jan 23
TABLE-North Sea gas maintenance schedule: Adds Troll outage
Jan 23 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Fri, Jan 23
WTI edges higher above $59.50 as US Dollar weakness offsets supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.85 during the early European trading hours on Friday. The WTI price edges higher amid a weaker US Dollar (USD) and risk-on mood in wider markets.
Fxstreet
Fri, Jan 23
New Zealand warns landslide rescue effort could take days; six missing
Teenagers among the missing after landslide hits campsite Police say rescue effort could last daysChinese citizen among two killed in another landslideBy Lucy Craymer and Christine ChenWELLINGTON, Jan 23 (Reuters) - Two teenagers were among six people missing after a landslide hit a busy campground...Reuters
Fri, Jan 23
Goldman Sachs Lowers Sum26 Henry Hub Forecast To $3.75/Mmbtu From $4.50
Jan 23 (Reuters) - GOLDMAN SACHS:SAYS IT LOWERS SUM26 HENRY HUB FORECAST TO $3.75/MMBTU FROM $4.50SAYS HIGHER HEATING DEMAND ULTIMATELY LOWERS OVERALL STORAGE LEVELS, INCREASING MARKET'S VULNERABILITY TO TIGHTENING SHOCKS DURING THE 2026-27 WINTERSAYS IT MAINTAINS 2027 HENRY HUB FORECAST AT $3.8...Reuters
Fri, Jan 23
VEGOILS-Palm falls on weaker rival oils, but still set for third weekly gain
KUALA LUMPUR, Jan 23 (Reuters) - Malaysian palm oil futures opened lower on Friday, weighed down by weaker rival edible oils, but still remained on track for a third weekly gain. The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange slid 33 ringgit, or ...Reuters
Fri, Jan 23
TECHNICALS-US oil biased to retest support at $59.06
For more technical analyses, click SINGAPORE, Jan 23 (Reuters) - U.S. oil CLc1 is biased to retest support at $59.06 per barrel, a break below which could open the way towards the $58.09 to $58.63 range.The deep fall on Thursday suggests an incomplete correction from $62.37. The correction consists ...Reuters
Fri, Jan 23
Oil slides 2% as Trump tones down threats toward Greenland and Iran
NEW YORK, Jan 22 (Reuters) - Oil prices slid about 2% to a one-week low on Thursday after U.S. President Donald Trump softened threats toward Greenland and Iran, and on some positive movement that could lead to a solution to end Russia's war in Ukraine.Reuters
Fri, Jan 23
Gold Price Forecast: XAU/USD jumps above $4,950 despite easing US-EU tensions
Gold price (XAU/USD) extends the rally to around $4,950 during the early Asian session on Friday. The precious metal gains momentum as geopolitical risk and threats to the US Federal Reserve’s (Fed) independence boost the safe-haven demand.Fxstreet
Fri, Jan 23
CIF/FOB Gulf Grain-Soy, corn basis steady-higher as winter weather slows movement
CHICAGO, Jan 22 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast export terminals were steady to higher on Thursday, supported by slow grain movement and rising freight costs, traders said.Spot barge freight rates on Thursday were steady to firmer as low water on the ...Reuters
Thu, Jan 22
C3is Inc. Announces The Acquisition Of Two Medium Range Product Tankers
Jan 22 (Reuters) - C3is Inc CISS.O:C3IS INC. ANNOUNCES THE ACQUISITION OF TWO MEDIUM RANGE PRODUCT TANKERSC3IS INC - PURCHASE PRICE: $16.88 MILLION AND $22.90 MILLION FOR TANKERSC3IS INC - FLEET INCREASES BY 50% TO SIX VESSELS FOLLOWING COMPLETION OF THESE ACQUISITIONSC3IS INC - ANNUAL EBITDA EXPECT...Reuters
Thu, Jan 22
US Plains HRW Wheat-Protein premiums steady-higher, winter storm approaches
CHICAGO, Jan 22 (Reuters) - Basis bids for hard red winter (HRW) wheat held steady in the southern U.S. Plains on Thursday while protein premiums in the Kansas City milling market were flat to higher, supported by flour mill demand and a shortage of available railcars of wheat, brokers said.Premiums...Reuters
Thu, Jan 22
Striking workers force production halt at Chile's Mantoverde mine
SANTIAGO, Jan 22 (Reuters) - Production at Capstone Copper's CS.TO Mantoverde copper and gold mine in northern Chile is largely halted after the mine's desalination plant was shut down amid a nearly three-week labor strike, the company and the mine's largest union said on Thursday.The un...Reuters
Thu, Jan 22
CORRECTED-EXCLUSIVE-Shell considers exit from Argentina's Vaca Muerta shale play, sources say
Shell has approached potential buyers for Vaca Muerta assets, sources sayShell's assets likely to be valued in billions of dollars, sources sayEuropean oil major among earliest backers of Argentine shale playSale plans follow Shell's exit from Argentina LNG projectBy Shariq Khan NEW YORK...Reuters
Thu, Jan 22
LIVESTOCK-CME cattle futures fall with U.S. winter storm in focus
CHICAGO, Jan 22 (Reuters) - Cattle futures on the Chicago Mercantile Exchange ticked down as the market assessed the impact of a massive winter storm forecast to hit the U.S. with heavy snow and freezing rain from the Central Plains to the East Coast, according to the National Weather Service. CME F...Reuters
Thu, Jan 22
