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UPDATE 2-Norway's Troll gas field produced record volume in 2024
Adds details on ownership, expansion plans in paragraphs 4-8 COPENHAGEN, Jan 6 (Reuters) - Norway's Equinor EQNR.OL said on Monday the Troll gas field in the North Sea had produced a record volume of natural gas in 2024, increasing nearly 10% from the previous high set in 2022.The Troll gas field...Reuters
Mon, Jan 6
UPDATE 1-US taking steps to clear hurdles for civil nuclear partnership with Indian firms
Adds quote, background NEW DELHI, Jan 6 (Reuters) - The United States is finalising steps to clear hurdles for civil nuclear partnership with Indian firms, U.S. National Security Advisor Jake Sullivan said on Monday, seeking to give fresh momentum to a landmark deal between the two countries. ...Reuters
Mon, Jan 6
BUZZ-COMMENT-Standout FX option strike expiries this week
Jan 6 (Reuters) - The cash hedging of soon-to-expire FX option strikes may bolster nearby support and resistance levels, while potentially having a magnetic effect on FX price action towards each day's 10-a.m. New York cut expiry, so it is worth knowing where the larger strikes reside in advance.Thi...Reuters
Mon, Jan 6
FACTBOX-Over 250,000 US customers without power after winter storm
Jan 6 (Reuters) - Over 250,000 homes and businesses in central and the southern U.S. were without power on Monday, data from PowerOutage.us showed, after a winter storm brought snow, ice and freezing temperatures.The U.S. is bracing for disruptions as blizzard conditions persist in several states.Th...Reuters
Mon, Jan 6
UPDATE 6-Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Nippon Steel shares fall 0.75%, down less than Japan's Topix indexPM Ishiba wants U.S. explanation as to why there are security concernsShares could rise in near-term as financing concerns removed -analystsAdds statement from Japan's largest business lobby group Keidanren in paragraph 3, 20-21By Nor...Reuters
Mon, Jan 6
UPDATE 1-US plans more sanctions on tankers carrying Russian oil, sources say
U.S. to announce 'very substantial package' of sanctions, source saysRussian oil companies, tankers, traders, insurers to be targeted, source saysTankers carrying oil above $60 per barrel price cap to be sanctioned, sources say Changes dateline, adds quote from source in paragraph 3, more details of...Reuters
Mon, Jan 6
Energy: Prices off to a strong start – ING
The oil market is off to a strong start in 2025 with ICE Brent trading above $76/bbl. This is despite the oil balance for 2025 looking comfortable. The strength in the market appears to be on the back of a stronger physical market in the Middle East.Fxstreet
Mon, Jan 6
Gold falls as focus shifts to US data for economic cues
Jan 6 (Reuters) - Gold prices dipped on Monday on profit-booking after gaining last week, while investors awaited a slew of U.S. economic data including the December nonfarm payrolls report for further guidance on the Federal Reserve's stance on interest rates.
METALS-Most base metals trade lower as firmer US dollar weighs
Updates prices and adds quoteBy Violet Li and Mei Mei Chu SHANGHAI, Jan 6 (Reuters) - Most base metals traded lower on Monday, pressured by a strong U.S. dollar and potential cues from U.S. economic data, although optimism from China's policy meeting last week helped limit the losses.China's ...Reuters
Mon, Jan 6
UPDATE 1-Goldman Sachs pushes back $3,000/troy ounce gold forecast to Q2 2026
Adds details and background after paragraph 1 Jan 6 (Reuters) - Goldman Sachs pushed back its gold price forecast of $3,000 per troy ounce from December 2025 to the second quarter of 2026, citing expectations of fewer U.S. Federal Reserve rate cuts in 2025."Specifically, our U.S. economists now e...Reuters
Mon, Jan 6
UPDATE 4-Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Nippon Steel shares fall 0.75%, down less than Japan's Topix indexBiden's opposition to deal was well-flagged before rejectionShares could rise in near-term as financing concerns removed -analystsUpdates stock prices in paragraph 4, adds details, comments from paragraphs 15-sBy Noriyuki Hirata, Yuka...Reuters
Mon, Jan 6
BRIEF-Saudi Arabia Sets Feb Arab Light Crude Oil OSP to US at Plus $3.50/bbl
Jan 6 (Reuters) - SAUDI ARAMCO:SAUDI ARABIA SETS FEBRUARY ARAB LIGHT CRUDE OIL OSP TO NW EUROPE AT PLUS $0.05/BBL TO ICE BRENT SETTLEMENT- ARAMCOSAUDI ARABIA SETS FEBRUARY ARAB LIGHT CRUDE OIL OSP TO UNITED STATES AT PLUS $3.50/BBL VERSUS ASCI- ARAMCORELATED: Saudi Arabia raises Arab Light February ...Reuters
Mon, Jan 6
GRAINS-Chicago soybeans, corn reverse Friday's losses on dry Argentine weather
Updates at 0540 GMT BEIJING, Jan 6 (Reuters) - Chicago soybean and corn futures gained on Monday, recouping losses from the previous session, as dry weather in key exporter Argentina impacted crop growth and raised supply concerns.The most-active soybean contract Sv1 on the Chicago Board of Trade...Reuters
Mon, Jan 6
TECHNICALS-CBOT soybeans may retest support at $9.89-1/4
For more technical analyses, please click TECH/CSINGAPORE, Jan 6 (Reuters) - The CBOT soybean March contract SH25 may retest support at $9.89-1/4 per bushel, following its failure to break resistance at $10.14-3/4.The failure suggests a false break above a falling trendline. Due to this false break,...Reuters
Mon, Jan 6
RPT-US plans more sanctions on tankers carrying Russian oil, sources say
Repeats earlier story for wider readership with no change to textBy Timothy Gardner and Nidhi Verma WASHINGTON/NEW DELHI, Jan 5 (Reuters) - The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carryin...Reuters
Mon, Jan 6
METALS-Most base metals trade lower as firmer dollar weighs
Recasts paragraph 1 and updates pricesBy Violet Li and Mei Mei Chu SHANGHAI, Jan 6 (Reuters) - Base metal prices traded mostly lower on Monday, pressured by a strong dollar and potential cues from U.S. economic data, although optimism from China's policy meeting last week helped limit the losses....Reuters
Mon, Jan 6
US plans more sanctions on tankers carrying Russian oil, sources say
By Timothy Gardner and Nidhi Verma WASHINGTON/NEW DELHI, Jan 5 (Reuters) - The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying Russian crude, two sources with knowledge of the matter said on...Reuters
Mon, Jan 6
UPDATE 3-Nippon Steel could face growth challenges after U.S. Steel purchase blocked, analysts say
Nippon Steel shares fall 0.5%, down less than Japan's Topix indexBiden's opposition to deal was well-flagged before rejectionShares could rise in near-term as financing concerns removed -analystsRecasts, updates shares, adds analyst comments in paragraph 5, 7, 12-14By Noriyuki Hirata and Yuka Obayas...Reuters
Mon, Jan 6