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PRECIOUS-Gold set for weekly gains amid geopolitical uncertainty
Bullion up 0.2% so far this weekSilver, platinum on track for weekly riseDollar set for fourth straight weekly gainUpdates with mid-session tradingBy Anushree Mukherjee Dec 27 (Reuters) - Gold prices eased on Friday but were set for a weekly gain as investors gravitated towards safe-haven assets ...Reuters
5 hours ago
Crude Oil ticks up ahead of key US inventory data
Crude Oil prices increase on Friday as traders brace for a string of data releases in the US trading session, including stockpile data from the Energy Information Administration (EIA), which was moved due to the Christmas Day holiday on Wednesday.Fxstreet
6 hours ago
UPDATE 5-Oil heads for weekly gain on China stimulus hopes
China to ramp up fiscal support next yearUS crude stocks down 3.2 million barrels, market sources sayStrong dollar caps gainsComing up: EIA supply report on FridayUpdates pricesBy Alex Lawler LONDON, Dec 27 (Reuters) - Oil rose almost 1% on Friday and was on track for a weekly gain, spurred by ex...Reuters
6 hours ago
GRAINS-Chicago soybeans fall from two-week highs
Recasts, adds details, quote, updates pricesBy Mei Mei Chu and Sybille de La Hamaide BEIJING/PARIS, Dec 27 (Reuters) - Chicago soybean prices eased from two-week highs on Friday as a record crop in Brazil weighed on the market, while wheat fell as operators adjusted their position in year-end...Reuters
6 hours ago
UPDATE 3-NATO to boost Baltic Sea presence after power, internet cable damage
Estonia navy moves to protect remaining power cableNATO to enhance Baltic Sea presenceFinland seized ship suspected of damaging power cableBaltic Sea nations on alert for sabotageUpdates with NATO reaction in paragraphs 1, 4-5, Finnish president in paragraphs 4, 12-13, Lithuania reaction, power grid...Reuters
6 hours ago
Oil heads for weekly gain on China stimulus hopes
LONDON, Dec 27 (Reuters) - Oil prices rose almost 1% on Friday and was on track for a weekly gain, spurred by expectations of a stimulus-driven economic recovery in China, the world's biggest oil importer, and by forecasts of lower U.S. inventories.
Reuters
7 hours ago
Ukraine sends food aid to Syria, says Zelenskiy
KYIV, Dec 27 (Reuters) - Ukraine, a global producer and exporter of grain and oilseeds, has sent its first batch of food aid to Syria, President Volodymyr Zelenskiy said on Friday.Zelenskiy said that 500 metric tons of wheat flour were already on their way to Syria as part of Ukraine's humanitarian...Reuters
8 hours ago
METALS-Copper steady as tight supply counters strong dollar
Updates prices Dec 27 (Reuters) - Copper prices were little changed on Friday, with tightness in concentrate supply offsetting pressure from a firm U.S. dollar, while most other base metals drifted lower. Three-month copper CMCU3 on the London Metal Exchange (LME) steadied at $8,954.00 a metric t...Reuters
8 hours ago
Kremlin says Finland's seizure of ship suspected of cable damage is not an issue for it
MOSCOW, Dec 27 (Reuters) - The Kremlin said on Friday that Finland's boarding of a ship carrying Russian oil on suspicion the vessel caused an outage of the Estlink 2 undersea power cable was not a matter for it. Estonia's armed forces have launched a naval operation to protect the parallel Estlink ...Reuters
9 hours ago
UPDATE 2-Estonia's navy to protect Baltic Sea power link after cable damage
Estonia moves to protect power cable after damage to parallel one Finland seizes ship suspected of damaging Estlink 2 cableBaltic Sea nations on alert for sabotage after cable outagesEstonia deploys patrol ship, seeks NATO support for protectionAdds background on damaged cables in paragraphs 2 and ...Reuters
9 hours ago
UPDATE 3-Oil heads for weekly gain on China stimulus hopes
China to ramp up fiscal support next yearUS crude stocks down 3.2 million barrels, market sources sayStrong dollar caps gainsComing up: EIA supply report on FridayUpdates prices, adds analyst and changes dateline to LONDONBy Alex Lawler LONDON, Dec 27 (Reuters) - Oil rose slightly on Friday and w...Reuters
9 hours ago
UPDATE 1-Estonia's navy to protect Baltic Sea power cable
Adds minister quote in paragraph 3, background in paragraph 3 STOCKHOLM, Dec 27 (Reuters) - Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable in the Baltic Sea, Foreign Minister Margus Tsahkna said on Friday. Finland on Thursday seized a ship ...Reuters
10 hours ago
Estonia's navy to protect Baltic Sea power cable
STOCKHOLM, Dec 27 (Reuters) - Estonia's armed forces have launched a naval operation to protect the Estlink 1 undersea power cable, Foreign Minister Margus Tsahkna said on Friday. (Reporting by Anna Ringstrom, editing by Terje Solsvik) ((anna.ringstrom@thomsonreuters.com;))Reuters
10 hours ago
UPDATE 2-Oil prices set for weekly gain on China expectations
Updates prices Dec 27 (Reuters) - Oil prices rose slightly on Friday and were on track for a weekly rise, spurred by expectations economic stimulus efforts will prompt a recovery in China, while a stronger dollar capped gains.Brent crude futures LCOc1 rose 14 cents to $73.40 a barrel by 0750 GMT....Reuters
10 hours ago
METALS-Base metals all down barring copper
Update pricesBy Violet Li and Mei Mei Chu SHANGHAI, Dec 27 (Reuters) - All base metal prices dipped on Friday due to the strong dollar exerting pressure, although copper found support from a tightness in concentrate supply. The three-month copper on the London Metal Exchange (LME) CMCU3 rose...Reuters
10 hours ago
Turkey aims to provide power to Syria, collaborate on oil, gas, newspaper says
ISTANBUL, Dec 27 (Reuters) - Turkey aims to provide electricity to Syria and strengthen its power infrastructure, Energy Minister Alparslan Bayraktar was quoted on Friday as saying, adding that Ankara may also work with Syria's new leadership on oil and natural gas.After backing the Syrian rebels wh...Reuters
11 hours ago
UPDATE 1-Oil prices set for weekly gain on China stimulus optimism
Adds details on dollar weighing on gains, updates prices Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism that economic stimulus efforts will prompt a recovery in China, but a stronger dollar capped gains.Brent crude futures LCOc1 fell 2 cen...Reuters
13 hours ago