News
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Oil retreats but geopolitical jitters limit declines
Concerns over potential Russian supply disruption support pricesMarkets eye Fed meeting for clues on economyUS crude stockpiles fell last week, industry data showsBy Seher Dareen LONDON, Sept 17 (Reuters) - Oil prices eased on Wednesday, after rising more than 1% in the previous session, though o...Reuters
22 minutes ago
PRECIOUS-Gold prices retreat from record high ahead of Fed rate verdict
Gold hit all-time high of $3,702.95/oz on TuesdayUS Federal Reserve statement due at 1400 GMT todayPalladium down 3%By Ishaan Arora Sept 17 (Reuters) - Gold retreated on Wednesday from a record-high level touched in the previous session, as investors locked in profits and a firmer dollar weighed ...Reuters
43 minutes ago
RPT-ANALYSIS-Trump's call to end quarterly reports gets unlikely support from climate-conscious investors
Trump backs move to half-yearly reporting from quarterlyWould align with the EU, Britain, Australia, New ZealandCould help boards do more on sustainability, investors sayBy Simon Jessop LONDON, Sept 17 (Reuters) - A call by Donald Trump to ditch quarterly corporate reporting has received cautious...Reuters
an hour ago
EXCLUSIVE-Vitol and Glencore set to make formal bids for Chevron's Singapore refinery stake, sources say
The value of entire refinery estimated at about $1 billion, source says Final bids due in October, sources sayRefinery has the capacity to process 290,000 barrels of crude per dayBy Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPORE, Sept 17 (Reuters) - Global commodities traders Vitol and Glen...Reuters
2 hours ago
METALS-Copper extends fall on firmer dollar, slow China demand
By Amy Lv and Lewis Jackson BEIJING, Sept 17 (Reuters) - Copper futures fell on Wednesday for a second straight session, weighed down by a stronger dollar and top consumer China's slowing demand suppressed by elevated prices. The most-traded copper contract on the Shanghai Futures Exchange S...Reuters
2 hours ago
Russia is ready to deepen discussions with the U.S. on Sakhalin 1 project, RIA reports
Russia: dialogue with the U.S. continues on various issuesSakhalin-1 cited as a prime example of resumed cooperationMOSCOW, Sept 17 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that Moscow was ready to deepen discussions with the U.S. on energy cooperation, including ...Reuters
3 hours ago
CORRECTED-METALS-Copper extends falls as stronger dollar, slow China demand weigh
BEIJING, Sept 17 (Reuters) - Copper futures fell on Wednesday for a second straight session, weighed down by a stronger dollar and top consumer China's slowing demand suppressed by elevated prices. The most-traded copper contract on the Shanghai Futures Exchange SCFcv1 was down 0.73% at 80,500 ...Reuters
3 hours ago
TABLE-UAE's Fujairah oil inventory data for week ended September 15
Sept 17 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended September 15, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change...Reuters
3 hours ago
Russia is ready to deepen discussions with the U.S. on Sakhalin 1 project, RIA reports
MOSCOW, Sept 17 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Wednesday that Moscow was ready to deepen discussions with the U.S. on energy cooperation, including on the Sakhalin 1 project, RIA reported. Ryabkov also said that Russia was in contact with the U.S. on various issue...Reuters
3 hours ago
PRECIOUS-Gold's record rally takes breather as spotlight shifts to Fed rate verdict
Gold hit a record high of $3,702.95/oz US Fed statement due at 1400 GMTSPDR Gold Trust holdings rose 0.3% on TuesdayBy Brijesh Patel Sept 17 (Reuters) - Gold slipped on Wednesday due to a slight uptick in the dollar and profit-taking after bullion touched a record high in the previous session on ...Reuters
3 hours ago
GRAINS-Chicago soybeans dip on absent China buying; trade talk optimism supports
BEIJING, Sept 17 (Reuters) - Chicago soybeans eased on Wednesday as the U.S. harvest began without any fresh purchases from top buyer China, though optimism over U.S.-China trade talks lent some early support.As of 0630 GMT, the most active soybean contract on the Chicago Board of Trade (CBOT) Sv1 f...Reuters
3 hours ago
India steel exports face EU carbon tax hit, US tariffs impact minimal, official says
By Neha Arora Sept 17 (Reuters) - India's steel industry will not see much direct impact from U.S. tariffs, but the European Union's carbon tax will affect steel exports, the country's steel secretary Sandeep Poundrik said at the FT Live Energy Transition Summit India on Wednesday.Rou...Reuters
4 hours ago
Australia promises $735 million to launch biofuel industry
By Peter HobsonCANBERRA, Sept 17 (Reuters) - The Australian government said on Wednesday it would invest A$1.1 billion ($735 million) in the development of a low-carbon fuels industry, a move welcomed by farm groups, who hope it will boost demand for biofuel feedstocks like canola and sugarcane. The...Reuters
4 hours ago
TABLE-North Sea gas maintenance schedule: Adds Barrow (North Terminal) outage
Sept 17 (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
4 hours ago
Fire at fuel storage facilities of Zaporizhzhia nuclear power plant extinguished, RIA reports
MOSCOW, Sept 17 (Reuters) - A fire that broke at the fuel storage facility of the Zaporizhzhia nuclear power plant after a Ukrainian attack has been put out, the RIA news agency reported, citing a representative of the plant.The International Atomic Energy Agency said on Tuesday its team at the plan...Reuters
5 hours ago
U.S. tariffs won't have direct impact on India's steel industry, official says
Sept 17 (Reuters) - India's steel industry will not see much direct impact from U.S. tariffs, the country's steel secretary Sandeep Poundrik said at the FT Live Energy Transition Summit India on Wednesday.Reuters
5 hours ago
TECHNICALS-CBOT soybeans may retest resistance at $10.53
For more technical analyses, please click SINGAPORE, Sept 17 (Reuters) - The CBOT soybean November contract SX25 may retest resistance at $10.53 per bushel, as long as it hovers above support at $10.42.A retracement analysis on the downtrend from $10.62-3/4 reveals that the contract made three attem...Reuters
5 hours ago
EU, Indonesia to sign trade pact next week in Bali, Indonesian minister says
JAKARTA, Sept 17 (Reuters) - The European Union (EU) and Indonesia have finalised a trade agreement to be signed next week in Bali island, a senior minister from the Southeast Asian nation said on Wednesday. The signing will occur on September 23, Indonesia's senior economic minister Airlangga H...Reuters
6 hours ago
GRAINS-Chicago soybeans dip sans China purchases; trade talk optimism supports
BEIJING, Sept 17 (Reuters) - Chicago soybeans eased on Wednesday as the U.S. harvest began without any fresh purchases from top buyer China, though optimism over U.S.-China trade talks lent some early support.As of 0343 GMT, the most active soybean contract on the Chicago Board of Trade (CBOT) Sv1 f...Reuters
6 hours ago
