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Copper has continues to retreat from its nine-month high – ING
Meanwhile, Copper has continued to retreat from its nine-month high as expectations for the ex-US tightness are retreating following reports earlier this week that US tariffs on Copper imports could be imposed within weeks, not months, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
2 hours ago
RPT-EXCLUSIVE-India weighs scrapping import tax on US LNG, boosting purchases, sources say
Indian companies in talks with US companies for long-term LNG dealsIndia also looks to boost import of ethane, propane, butaneUS second biggest LNG supplier to IndiaBy Nidhi Verma and Manoj Kumar NEW DELHI, March 28 (Reuters) - India is considering a proposal to scrap import tax on U.S. liquefied...Reuters
2 hours ago
Elliott takes big short position in Shell amid BP campaign
Biggest short position in Shell since 2016, FCA data showsElliott pushes for more change at BPElliott also has a short position in TotalEnergiesBy Anousha Sakoui and Shadia Nasralla LONDON, March 28 (Reuters) - U.S. activist hedge fund Elliott Management, currently campaigning for more change at...Reuters
2 hours ago
EUROPE GAS-Prices hold steady despite latest Sudzha gas station attack
March 28 (Reuters) - Dutch and British wholesale gas prices were largely steady on Friday as the latest attacks on a Russian gas supply point were balanced by an improved supply-demand outlook as winter ends.The Dutch front-month contract TRNLTTFMc1 was up 0.17 euro at 41.17 euros per megawatt hour ...Reuters
3 hours ago
U.S. nuclear power plant outages
March 28 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
3 hours ago
Gold climbs to a new record high – ING
Gold surged to a fresh record high this morning, surpassing the previous record hit just yesterday, after US President Donald Trump announced 'permanent' 25% tariffs on auto imports, intensifying trade tensions, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
3 hours ago
EXCLUSIVE-India weighs scrapping import tax on US LNG, boost purchases, sources say
Indian companies in talks with US companies for long term LNG dealsIndia also looks to boost import of ethane, propane, butaneUS second biggest LNG supplier to IndiaBy Nidhi Verma and Manoj Kumar NEW DELHI, March 28 (Reuters) - India is considering a proposal to scrap import tax on U.S. liquefied...Reuters
4 hours ago
Elliott takes big short position in Shell amid BP campaign
LONDON, March 28 (Reuters) - U.S. activist hedge fund Elliott Management has taken a big short position in Shell SHEL.L amid its campaign for more change at BP BP.L in its capacity as a BP shareholder, according to financial filings.Elliott's short position, which is designed to make money if Sh...Reuters
4 hours ago
RPT-EXPLAINER-New creditors' battle emerges in Citgo auction reboot
New bidding round starts after year-long auction ended in shambles Creditors' dispute over minimum bid to add more delays in 8-year-old caseBondholders pact released at Gold Reserve-consortium's requestBids by Venezuela-linked creditors turn auction into creditors gameBy Marianna Parraga ...Reuters
4 hours ago
US gas players refocus on Haynesville basin, buoyed by Trump LNG plans
U.S. LNG capacity could double in the next decadeInvestment firms signal future growth in Haynesville with new fundsOperators cautious due to past price volatility and high breakeven costsBy Sheila Dang, Georgina McCartney and Arathy Somasekhar HOUSTON, March 28 (Reuters) - U.S. natural gas produ...Reuters
4 hours ago
Ukraine says it is working on its position on draft US minerals deal
KYIV, March 28 (Reuters) - A Ukrainian deputy prime minister said on Friday that Kyiv would issue its position on a new draft minerals deal drawn up by the United States once there was consensus, and cautioned against public discussion of the text. The official, Yulia Svyrydenko, said that any such ...Reuters
4 hours ago
China exported significantly more Gold to Hong Kong in February – Commerzbank
Data published this week by the Hong Kong Statistics Authority on Gold trade with China confirmed the picture of very weak demand for Gold in China, Commerzbank's commodity analyst Carsten Fritsch notes Gold exports to China and Hong Kong come to a standstill in February "According to the data, 26.4 tons more Gold were delivered from China to Hong Kong in February than vice versa.Fxstreet
4 hours ago
South Korea contains main blazes in week-old wildfires
Light rain aids firefighters in South Korea's worst wildfiresMain fires of five regions contained, minister says Experts link fire spread to climate change, warn of future risksMostly elderly residents in rural areas lose homes, farmsBy Minwoo Park and Daewoung Kim ANDONG, South Korea, March ...Reuters
4 hours ago
EUROPE GAS-Prices steady but low storage, weather could lend support
March 28 (Reuters) - Dutch and British wholesale gas prices were mostly steady on Friday morning amid currently mild weather, although a cooler outlook from next week and the need to refill storages over the coming months should continue to lend support.The Dutch front-month contract TRNLTTFMc1 was ...Reuters
4 hours ago
Asia Fuel Oil-Cash differentials fall, window activity muted
NEW DELHI, March 28 (Reuters) - Asia's high sulphur fuel oil (HSFO) cash differentials ended the week in losses with no deals at the Singapore window for five trading sessions.The 380-cst HSFO cash premium traded at $14.55 a metric ton on Friday. The very low sulphur fuel oil (VLSFO) cash differ...Reuters
5 hours ago
Left Hand in Safe-Haven, Right Hand Against Inflation: International Gold Prices Hit New Highs with Seemingly No Resistance
TradingKey – This year, record-breaking gold prices have frequently made headlines across major media outlets. Geopolitical tensions, inflation trends, and U.S. tariffs have emerged as key drivers behind the surge in international gold prices, prompting both governments and individual investors to..TradingKey
5 hours ago
Russia accuses Ukraine of attacking its energy facilities in past 24 hours
MOSCOW, March 28 (Reuters) - Russia's Defence Ministry on Friday accused Ukraine of attacking Russian energy facilities in the past 24 hours despite a moratorium on striking each other's energy infrastructure.The ministry said Ukraine attacked a gas metering station in Kursk region and power...Reuters
5 hours ago
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $69.41 per barrel, down from Thursday’s close at $69.77. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $72.93 after its previous daily close at $73.32.
Fxstreet
5 hours ago
Mitsubishi Materials Transfers Shares In Copper Mountain Mine To Hudbay Minerals
March 28 (Reuters) - MITSUBISHI MATERIALS-AGREED TO TRANSFER ALL SHARES IN COPPER MOUNTAIN MINE TO ITS JV PARTNER HUDBAY MINERALS FOR TOTAL CONSIDERATION $44.25 MILLIONSource text: [ID:]Further company coverage: [ ]Reuters
6 hours ago