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Canada's Ivanhoe Mines secures $500 million investment from Qatar wealth fund
Sept 17 (Reuters) - Canadian mining company Ivanhoe Mines IVN.TO said on Wednesday it will raise $500 million from Qatar Investment Authority (QIA) in a private placement, giving the sovereign wealth fund a 4% stake.QIA will buy 57.5 million Ivanhoe shares at C$12 apiece, below the stock's closi...Reuters
9 minutes ago
Poland urges EU to end Russian oil imports by 2026, citing geopolitical risks
EU's von der Leyen plans faster phase-out of Russian energyEU had planned to phase out Russian oil and gas by Jan. 1 2028Poland urges fellow EU members to move quickly WARSAW, Sept 17 (Reuters) - Poland has urged European Union member states that are still buying Russian energy to end those i...Reuters
26 minutes ago
GRAINS-Chicago grains off highs with Fed and China in focus
PARIS/BEIJING, Sept 17 (Reuters) - Chicago corn and soybean futures edged lower on Wednesday and wheat was little changed, with the markets consolidating after multi-week highs while traders waited on an expected U.S. interest rate cut and developments in trade talks between the United States and Ch...Reuters
34 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 todayRecord gold prices in India fail to unlock scrap supplyBy Ishaan Arora Sept 17 (Reuters) - Gold prices retreated on Wednesday from a record-high level touched in the previous session, as investors l...Reuters
51 minutes ago
Deutsche Bank raises 2026 gold forecast to $4,000 as bullion hits record highs
Sept 17 (Reuters) - Deutsche Bank DBKGn.DE raised its gold price forecast by $300 for next year to an average of $4,000 per ounce on Wednesday, due to strong central bank demand, potential U.S. dollar weakness and a resumed Federal Reserve rate-easing cycle.
Reuters
52 minutes ago
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
54 minutes ago
MOVES-Russia's Novatek hires China-focused LNG trader in Singapore, sources say
SINGAPORE, Sept 17 (Reuters) - Russia's largest liquefied natural gas producer Novatek NVTK.MM has hired Howard Wang as an LNG trader focused on the China market and based in Singapore, according to three persons with knowledge of the hire.It is Novatek's second recent hire for its Asia oper...Reuters
an hour ago
Kremlin shrugs off EU plans to speed up phase-out of Russia's energy
EU to speed up Russia's fossil fuel exitKremlin: EU phase-out plans won't impact Russia MOSCOW, Sept 17 (Reuters) - The European Union's plans to phase out Russian energy and commodities more quickly will not affect Russia and will not force it to change its position, Kremlin spok...Reuters
an hour ago
METALS-Profit-taking, stronger dollar drive copper prices down
By Polina DevittLONDON, Sept 17 (Reuters) - Copper prices hit a one-week low on Wednesday as traders trimmed positions ahead of a decision on U.S. interest rates from the Federal Reserve, while demand from top metals consumer China was muted by the recent copper rally.Benchmark three-month copper CM...Reuters
an hour ago
Kremlin: more EU sanctions will not force Russia to change course
MOSCOW, Sept 17 (Reuters) - Europe's plans to phase-out Russian energy and commodities more quickly will not affect Russia and will not force it to change its position, Kremlin spokesman Dmitry Peskov said on Wednesday.The European Union executive's head, Ursula von der Leyen, said on Tuesd...Reuters
2 hours 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
3 hours 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
3 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
4 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
4 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
4 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
5 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
5 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
5 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
5 hours ago
