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HSBC sees gradual unwinding of OPEC+ voluntary cuts over next year
Sept 9 (Reuters) - HSBC's latest oil market supply and demand model envisions OPEC+ gradually unwinding 1.65 million barrels per day in "first-phase" voluntary production cuts over a 12-month period, the bank said in a note on Tuesday.The bank's oil market model had previously assume...Reuters
8 minutes ago
Hungary to sign new gas supply contract with Shell, minister says
BUDAPEST, Sept 9 (Reuters) - Hungary's foreign minister said on Tuesday that he would sign a new long-term gas purchase agreement later in the day with oil and gas major Shell SHEL.L, which would be the country's "largest volume and longest western supply contract ever". Foreign Mi...Reuters
11 minutes ago
TotalEnergies CEO says NextDecade to announce FID on Rio Grande LNG train on Tuesday, CNBC reports
By America Hernandez PARIS, Sept 9 - TotalEnergies TTEF.PA CEO Patrick Pouyanne said that U.S. liquefied natural gas developer NextDecade, in which Total holds a stake, will announce a final investment decision on an additional liquefaction unit at its Rio Grande LNG project later on Tuesday, in ...Reuters
27 minutes ago
GASTECH-Asian demand for US LNG unshaken by China-Russia pipeline plans, says Venture Global CEO
China-Russia gas deals won't impact Asia demand for US LNGVenture Global does not see price compression due to oversupplyLNG deals signed before and after arbitration cases "are all the same" -CEOBy Marwa Rashad, Francesca Landini and Emily Chow Milan, Sept 9 (Reuters) - Recent gas ag...Reuters
27 minutes ago
FACTBOX-Anglo American and Teck Resources' key mining assets
Sept 9 (Reuters) - London-listed miner Anglo American AAL.L said on Tuesday it has agreed to a merger with Canada's Teck Resources TECKb.TO, in what would be the biggest mining sector M&A deal in over a decade.Below are details of their key operations:Both Anglo American and Teck Resources h...Reuters
35 minutes ago
London commuters turn to bikes and boats as Tube strike enters second day
By Sam TabahritiLONDON, Sept 9 (Reuters) - Commuters in London turned to bikes, buses and boats on Tuesday as a staff strike shut down the capital's underground "Tube" network for a second day. With almost no underground trains running until Friday, demand for shared bike services and ri...Reuters
38 minutes ago
Mexico sees budget deficit lower in 2026 as growth ticks up, despite uncertainty
MEXICO CITY, Sept 8 (Reuters) - Mexico expects its budget deficit to fall slightly in 2026 to 4.10%, as GDP growth is seen ticking up, the finance ministry said during the government's budget presentation.Mexico's government has been under pressure to narrow the deficit, which it now expects...Reuters
40 minutes ago
METALS-Copper edges up on weaker dollar
By Polina Devitt LONDON, Sept 9 (Reuters) - Copper prices edged up on Tuesday as a weaker dollar and an incident at a major mine in Indonesia provided support, although overall activity was muted ahead of the U.S. data revisions.Three-month copper on the London Metal Exchange CMCU3 rose 0.1% to ...Reuters
47 minutes ago
Refinery-state senators look to block Trump from shifting renewable fuel obligation
By Jarrett Renshaw Sept 9 (Reuters) - Oil refinery-state lawmakers led by Senator Mike Lee, a Republican from Utah, will introduce legislation on Tuesday to block President Donald Trump from shifting renewable fuel blending obligations from small refineries to larger ones, according to draft legi...Reuters
58 minutes ago
HSBC sees gradual unwinding of OPEC+ voluntary cuts over next year
Sept 9 (Reuters) - HSBC said on Tuesday that in its latest oil market supply and demand model, it assumes that OPEC+ will gradually unwind 1.65 million barrels per day of “first-phase” voluntary production cuts over a 12-month period.The bank previously thought OPEC+ would take a breather after unwi...Reuters
an hour ago
TotalEnergies CEO says NextDecade to announce FID on Rio Grande LNG train today -CNBC
PARIS, Sept 9 - TotalEnergies CEO Patrick Pouyanne said that U.S. liquefied natural gas developer NextDecade, in which Total holds a stake, will announce a final investment decision on an additional liquefaction unit at its Rio Grande LNG project later today, in an interview with CNBC.The comments w...Reuters
an hour ago
Oil rises on modest OPEC+ output hike, Russia supply concern
Brent and U.S. crude rise about 1%Threat of tighter sanctions on Russian oil also underpins market China to carry on stockpiling oil in 2026, Gunvor official saysBy Alex Lawler LONDON, Sept 9 (Reuters) - Oil extended gains on Tuesday, supported by the latest oil output hike from OPEC+ being small...Reuters
2 hours ago
UN appeals for $140 mln to help half a million people hit by Afghanistan earthquake
GENEVA, Sept 9 (Reuters) - The United Nations on Tuesday launched an emergency appeal for $139.6 million to help half a million people in Afghanistan affected by an earthquake that struck in the country's east, a statement showed."This is a moment where the international community must dig d...Reuters
2 hours ago
Norway must remain a reliable energy supplier, PM says after election win
Norway Labour PM re-elected despite right-wing surgeLabour must manage broad left-wing 'tutti frutti' coalitionSome parties in the coalition oppose oil, gas explorationBy Ilze Filks and Terje Solsvik OSLO, Sept 9 (Reuters) - Norway should continue to explore for oil and gas and remain a r...Reuters
2 hours ago
India, EU push to close gaps in trade talks as year-end deadline looms
EU trade delegation in New Delhi for week-long talksIndia, EU aiming to sign a free trade pact by year endAgriculture, dairy, non-trading barriers are sticking points EU presses on Russian oil, carbon tax By Philip Blenkinsop and Manoj Kumar BRUSSELS/NEW DELHI, Sept 9 (Reuters) - India and the Eu...Reuters
2 hours ago
