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Oil recoups some losses from US-China tensions
SINGAPORE, Oct 13 (Reuters) - Oil prices rose on Monday after hitting five-month lows in the previous session, as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies and oil consumers.Reuters
14 minutes ago
BREAKINGVIEWS-How to cut Russia’s oil revenue by $80 bln a year
By Hugo Dixon BERLIN, Oct 13 (Reuters Breakingviews) - The Group of Seven says it wants to “maximise pressure on Russia’s oil exports”. If the rich industrialised nations are serious, they could slash Moscow’s income from overseas crude by up to $80 billion a year. That would deliver a big blow t...Reuters
28 minutes ago
China's rare earth exports fall sharply in September
By Lewis Jackson BEIJING, Oct 13 (Reuters) - China's rare earth exports fell 31% in September from August, customs data showed on Monday, the third straight month of declines. New controls that were introduced by China last week have threatened a trade truce with Washington and the...Reuters
43 minutes ago
China's September soybean imports reach near-record as US trade war drags on
By Ella Cao and Lewis Jackson BEIJING, Oct 13 (Reuters) - China's soybean imports in September reached the second-highest level on record, a Reuters calculation of customs data released on Monday showed, driven by strong purchases from South America as trade tensions with Washington curbed pu...Reuters
52 minutes ago
BREAKINGVIEWS-US-China tensions want for a circuit breaker
By Robyn Mak HONG KONG, Oct 13 (Reuters Breakingviews) - The truce between the United States and China always looked too good to last. What's surprising is how quickly it has fallen apart. The world's two largest economies are not holding back in showcasing their leverage over one another...Reuters
56 minutes ago
PRECIOUS-Gold hits record high as US-China trade woes escalate; silver scales all-time peak
Gold hits record high of $4,059.30/ozTrump imposes additional tariffs of 100% on imports from ChinaPowell set to address the NABE annual meeting on TuesdaySilver hits record high of $51.52By Ishaan Arora Oct 13 (Reuters) - Gold soared to a record high on Monday, lifted by safe-haven demand amid r...Reuters
an hour ago
TECHNICALS-CBOT soybeans to retest support at $10.01-1/2
For more technical analyses, please click SINGAPORE, Oct 13 (Reuters) - The CBOT soybean November contract SX25 is expected to retest support at $10.01-1/2 per bushel, a break below could trigger a fall into the $9.90-1/2 to $9.95-1/4 range.The bounce from around $9.95-1/4 might have been driven by ...Reuters
2 hours ago
South Korea says China monopoly on rare earths increases supply chain instability
SEOUL, Oct 13 (Reuters) - South Korea's industry ministry said on Monday that China's near-monopoly on rare earths increases instability in global supply chains, adding that it will talk with Chinese authorities to support stable supplies of the key materials.Reuters
3 hours ago
Unipec diverts supertanker from Shandong port after US sanctions
By Florence Tan SINGAPORE, Oct 13 (Reuters) - A supertanker carrying oil to the Chinese port of Rizhao in Shandong province changed its destination from there over the weekend after the U.S. imposed sanctions on an import terminal at the port on Friday, LSEG data shows.The Very Large Crude Carrie...Reuters
3 hours ago
Goldman Sachs sees medium-term gains for silver, warns of near-term risks
Oct 12 (Reuters) - Goldman Sachs said on Sunday that silver prices XAG= are likely to rise further in the medium term, driven by private investment flows similar to those boosting gold amid anticipated Federal Reserve rate cuts.Reuters
4 hours ago
Delek Big Spring, Texas Refinery Reports Emissions on Friday
Oct 12 (Reuters) - DELEKDK.N: * REPORTS PER PROCEDURE, THE ELECTROSTATIC PRECIPITATOR IS REQUIRED TO BE OFF DURING INITIAL LIGHTING OF THE UNIT'S CO BOILER FUEL GAS SYSTEM. AS A RESULT OF THIS PROCESS, WE EXCEEDED THE REPORTABLE QUANTITY FOR OPACITY ON OCTOBER 10* REPORTS UNIT OPERATIONS ADJUSTE...Reuters
4 hours ago
GRAINS-Soybeans recover a little from Trump's China broadside
CANBERRA, Oct 13 (Reuters) - Chicago soybean futures steadied on Monday, after losing 1.5% in the last session when an escalation in U.S.-China trade tensions reduced hopes that Beijing would end its boycott of U.S. beans.Corn and wheat futures followed soybeans, rising slightly after dropping sharp...Reuters
4 hours ago
PRECIOUS-Gold hits record high as US-China trade concerns boost safe-haven demand
Oct 13 (Reuters) - Gold prices climbed to a record high on Monday, driven by safe-haven demand on fresh U.S.-China trade concerns, while broader economic and political uncertainties and expectations of further U.S. interest rate cuts also lent support.FUNDAMENTALS* Spot gold XAU= was up 0.6% at $4,0...Reuters
4 hours ago
A Japanese Pinot Noir town blessed by climate change now worries about the weather
Rising temperatures suggest Yoichi may one day not be suitable for Pinot NoirPinot Noir is a particularly finicky grape to grow Farmers also fret about new autumn rains, increases in birds By Mariko KatsumuraYOICHI, Japan, Oct 13 (Reuters) - Climate change has helped make the small Japanese town of ...Reuters
4 hours ago
Oil rebounds 1% after sharp losses on US-China tensions
By Florence Tan SINGAPORE, Oct 13 (Reuters) - Oil prices clawed back some gains on Monday after hitting five-month lows in the previous session as investors hoped potential talks between the presidents of the U.S. and China could ease trade tensions between the world's two largest economies a...Reuters
5 hours ago
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Oct 13 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$62.37/$61.37res $63.97/$64.97Palm oil (3rd month)4,558/4,576/4,604 ringgitsup 4,530/4,503 ringgitWTI* (1st month)$58.27/$57.66res $59.86/$60.58Spot gold$4,079/$4,113s...Reuters
5 hours ago
Trump tariff threat pushes oil to five-month low
HOUSTON, Oct 10 (Reuters) - Brent and U.S. crude futures fell more than $2 a barrel, or more than 3%, on Friday as U.S. President Donald Trump's threat to impose increased tariffs on China cast a shadow over the demand outlook in a market seen as oversupplied.Reuters
5 hours ago
