News
Important Only
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
Fri, Dec 27
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
Fri, Dec 27
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
Fri, Dec 27
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
Fri, Dec 27
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
Fri, Dec 27
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
Fri, Dec 27
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
Fri, Dec 27
GRAINS-Chicago wheat ticks up on Algeria purchase, tight supply
Updates at 0424 GMT BEIJING, Dec 27 (Reuters) - Chicago wheat gained on Friday, underpinned by a big purchase from Algeria and tight global supply, while soybean eased as a record crop in Brazil weighed on the market. Corn prices also slipped.The most-active wheat contract on the Chicago Board of...Reuters
Fri, Dec 27
METALS-Base metals mixed, copper supported by tight supply
By Violet Li and Mei Mei Chu SHANGHAI, Dec 27 (Reuters) - Base metal prices were mixed on Friday, moving within tight ranges with the strong dollar limiting gains, although copper found support from supply tightness in copper concentrate.The three-month copper on the London Metal Exchange (LME) CReuters
Fri, Dec 27
PRECIOUS-Gold set for weekly rise; eyes on Fed, Trump's 2025 policies
Bullion up 0.3% so far this weekSilver, platinum and palladium on track of weekly gainsIsrael strikes Houthi targets in YemenUpdates with Asia morning tradeBy Daksh Grover Dec 27 (Reuters) - Gold edged lower in light trading on Friday and was poised for a weekly gain, as investors awaited cues on...Reuters
Fri, Dec 27
GRAINS-Chicago wheat firms on Algeria purchase, but logs weekly fall
BEIJING, Dec 27 (Reuters) - Chicago wheat gained on Friday after a big purchase from Algeria, but was set for a weekly decline, while soybean eased as a record crop in Brazil weighed on the market. Corn also slipped.FUNDAMENTALS* The most-active wheat contract on the Chicago Board of Trade Wv1 gaine...Reuters
Fri, Dec 27
Oil prices set for weekly gain on China stimulus optimism
Dec 27 (Reuters) - Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer.Brent crude futures LCOc1 fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas IntermediateReuters
Fri, Dec 27
YEARENDER-Big Oil backtracks on renewables push as climate agenda falters
European majors slow clean energy investmentsInvestors rewarding oil and gas focus New Trump U.S. presidency among big factors in 2025 By Ron Bousso LONDON, Dec 27 (Reuters) - Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down - and at ...Reuters
Fri, Dec 27
LIVESTOCK-Live cattle futures up on strong beef prices; hogs end mixed
By Julie Ingwersen CHICAGO, Dec 26 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures rose on Thursday on strong wholesale beef prices and bullish chart signals, traders said.February live cattle LCG25 settled up 2.725 cents at 190.100 cents per pound, breaking through chart resist...Reuters
Thu, Dec 26
REFILE-Bird flu virus shows mutations in first severe human case in US, CDC says
Refiles to add dropped words in government body name in paragraph 1 Dec 26 (Reuters) - The U.S. Centers for Disease Control and Prevention said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected...Reuters
Thu, Dec 26
Bird flu virus shows mutations in first severe human case in US, CDC says
Dec 26 (Reuters) - The U.S. Centers for Disease Control said on Thursday its analysis of samples from the first severe case of bird flu in the country last week showed mutations not seen in samples from an infected backyard flock on the patient's property.The CDC said the patient's sample showed mut...Reuters
Thu, Dec 26
CIF/FOB Gulf Grain-Corn barge basis weakens
CHICAGO, Dec 26 (Reuters) - Spot basis bids for corn shipped by barge to U.S. Gulf Coast export terminals eased on Thursday, while soy barge bids were mostly steady to weaker, traders said.* Traders are watching for global export demand to shift to South America from the U.S. as Brazil, the world's ...Reuters
Thu, Dec 26