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ASIA COFFEE-Vietnam market subdued as traders await new coffee beans
By Phuong Nguyen and Mas Alina Arifin HANOI, Sept 11 (Reuters) - Trading activity stayed lacklustre in Vietnam this week due to coffee bean shortages ahead of the upcoming season, while rains continued to hamper harvesting in Indonesia, traders said on Thursday. In the Central Highlands, Viet...Reuters
18 minutes ago
Oil prices ease on oversupply and weaker US demand
IEA expects oversupply to increase with OPEC output boostEIA reports bigger than expected rise in oil stocksUS consumer prices data due later on ThursdayBy Seher Dareen LONDON, Sept 11 (Reuters) - Oil prices held steady on Thursday as worries over softening U.S. demand and broad oversupply risks ...Reuters
21 minutes ago
Ryanair boss warns of years-long impact on European airlines from Russia-Ukraine war
LONDON, Sept 11 (Reuters) - Ryanair RYA.I Group Chief Executive Michael O'Leary warned on Thursday that the Russia-Ukraine war would be an ongoing issue for all European airlines for years to come, a day after Poland shot down suspected Russian drones in its airspace."This is going to be an ...Reuters
42 minutes ago
Russia's oil and fuel export revenue fell in August, IEA says
Russian oil export revenues remain near five-year lows, IEA saysUkrainian drones, lower oil prices are a challenge for RussiaMOSCOW, Sept 11 (Reuters) - Russia's revenue from sales of crude oil and oil products declined in August to one of the lowest levels seen since the start of the conflict i...Reuters
50 minutes ago
GASTECH-Tokyo Gas seeks flexible LNG deals to weather market turmoil
By Emily Chow MILAN, Sept 11 (Reuters) - Tokyo Gas 9531.T is working to build a geographically and contractually diverse liquefied natural gas to withstand market volatility, but securing flexible supply remains a challenge because it is in high demand from both buyers and sellers, a senior execu...Reuters
57 minutes ago
Ryanair boss warns of years-long impact from Russia-Ukraine war on European airlines
LONDON, Sept 11 (Reuters) - Ryanair Chief Executive Michael O'Leary warned on Thursday that the Russia-Ukraine war would be an ongoing issue for all European airlines for years to come, a day after Poland shot down suspected Russian drones in its airspace."This is going to be an ongoing issu...Reuters
an hour ago
World oil market to see higher supply, surplus after OPEC+ hike, IEA says
IEA expects global supply to rise by 2.7 million bpd in 2025Raises demand growth forecast this year to 740,000 bpdImplied surplus to exceed 3 million bpd in 2026By Alex LawlerLONDON, Sept 11 (Reuters) - World oil supply will rise more rapidly than expected this year as OPEC+ members increase output ...Reuters
an hour ago
Iberdrola raises stake in Brazil's Neoenergia to 84% for $2.2 billion
Sept 11 (Reuters) - Spanish power utility Iberdrola IBE.MC has bought a 30.29% stake in its Brazilian business Neoenergia NEOE3.SA from Brazil's Previ pension fund for 11.95 billion reais ($2.21 billion), it said on Thursday.The acquisition increases Iberdrola's stake in Neoenergia to 83.8%,...Reuters
2 hours ago
Singapore's fuel oil stocks ease as imports decline
SINGAPORE, Sept 11 (Reuters) - Onshore fuel oil stockpiles in Singapore, a key storage hub, eased this week as imports declined following a sharp increase last week, official data showed on Thursday. Inventories for residual fuel STKRS-SIN slipped to 26.53 million barrels (4.18 million metric tons) ...Reuters
2 hours ago
Russia's oil and fuel export revenue fell in August, IEA says
MOSCOW, Sept 11 (Reuters) - Russia's revenue from sales of crude oil and oil products declined in August to one of the lowest levels seen since the start of the conflict in Ukraine, the International Energy Agency said on Thursday.Russia's energy industry has been challenged by Ukrainian dro...Reuters
2 hours ago
IEA raises 2025 oil supply forecast after OPEC+ output hike decision
LONDON, Sept 11 (Reuters) - The International Energy Agency on Thursday raised its forecast for global oil supply growth this year following OPEC+'s decision to hike production and also increased its demand growth forecast, citing resilient deliveries in advanced economies.Reuters
2 hours ago
Ukraine's DTEK invests in major battery storage to bolster energy security
KYIV, Sept 11 (Reuters) - Ukrainian private energy firm DTEK has launched the country's largest battery storage facility to ensure stable power supplies in the face of Russian attacks on Ukraine's energy sector, the company said on Thursday.Russia, which launched a full-scale war against Ukr...Reuters
2 hours ago
METALS-London copper dips on potentially sluggish peak season
By Lucas Liew Sept 11 (Reuters) - Copper prices on the LME slipped in Asian trade, weighed by potentially lackluster demand, though expectations of U.S. interest rate cuts capped losses.Three-month copper on the London Metal Exchange CMCU3 dipped 0.1% to $10,002.5 per metric ton, as of 0705 GMT,...Reuters
3 hours ago
TABLE-North Sea gas maintenance schedule: Revises Oseberg outage
Sept 11 (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.OPERATORLOCATIONOUTA...Reuters
3 hours ago
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.23 per barrel, down from Wednesday’s close at $63.50.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $67.14 after its previous daily close at $67.41.
Fxstreet
4 hours ago
RPT-ANALYSIS-EU-US policy divide on Russian oil sales to India to hit October trade
Sanctions coordination is weaker under Trump admin, analyst saysEU and UK revised price cap lower, U.S. declined supportPrice cap is still relevant, EU official saysEU envoy in Washington for talks on Russia sanctionsBy Robert Harvey, Julia Payne and Nidhi Verma LONDON/BRUSSELS/NEW DELHI, Sept 10...Reuters
4 hours ago
COLUMN-Europe succumbs to US ‘energy dominance’ at its own risk: Bousso
US presses Europe to cut Russian energy purchasesInterior secretary says US can replace Russian gas volumesBut that would increase US share of EU's LNG imports to over 70%By Ron Bousso MILAN, Sept 11 (Reuters) - It may appear quite audacious for the world's largest natural gas producer to...Reuters
4 hours ago
WTI Price Forecast: Retreats from one-week high; $63.00 holds the key for bullish traders
West Texas Intermediate (WTI) US Crude Oil prices drift lower during the Asian session on Thursday and for now, seem to have snapped a three-day winning streak to a one-week high, around the $63.75-$63.80 region, touched the previous day.Fxstreet
4 hours ago
Elliott says Kansai Electric can become more attractive by selling non-core assets
Elliott takes between 4% and 5% stake in Kansai Electric, source says Wants Kansai Electric to sell non-core assets, boost shareholder returns Kansai Electric shares up 3.1% in Tokyo, outperforming wider marketBy Katya Golubkova TOKYO, Sept 11 (Reuters) - Activist investor Elliott Management, a s...Reuters
5 hours ago
