Column-Beware Egypt’s smokestack onshoring as cement exports surge: Maguire
By Gavin Maguire LITTLETON, Colorado (Reuters) – North Africa’s largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part…
Gold prices steady amid rate, Trump uncertainty; copper up on strong China data
Investing.com– Gold prices steadied near a one-month high in Asian trade on Friday, as uncertainty over U.S. interest rates and policy under incoming President Donald Trump spurred some haven demand. …
Chinese buyers switch to cheaper Brazilian soybeans ahead of Trump return
By Naveen Thukral, Ella Cao and Mei Mei Chu SINGAPORE/BEIJING (Reuters) – Chinese soybean processors have turned to competitively priced Brazilian cargoes instead of U.S. oilseeds, amid fears Washington will…
Oil up, heads for 4th weekly gain as U.S. sanctions hit supply
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers…
Global diesel prices spike as US hits Russia with new sanctions
By Ahmad Ghaddar, Shariq Khan, Trixie Yap and Enes Tunagur LONDON (Reuters) – Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia’s oil…
Asia FX muted amid rates, Trump speculation; yuan drifts higher on strong GDP
Investing.com– Most Asian currencies kept to a tight range on Friday, while the dollar nursed some weekly losses amid uncertainty over interest rates, while anticipation of President-elect Donald Trump’s inauguration…
Oil prices rise on upbeat Chinese data barrage; easing Mid-East tensions cap gains
Investing.com– Oil prices climbed in Asian trading on Friday, driven by upbeat Chinese economic data that exceeded expectations and lifted market sentiment, however, gains were capped by easing geopolitical tensions…
Oil prices climb on supply fears, Fed rate cut hopes
By Yuka Obayashi TOKYO (Reuters) – Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers…
South Korean nuclear power plant operator agrees with US Westinghouse to end dispute, utility says
SEOUL (Reuters) – South Korea’s nuclear power plant operator Korea Hydro & Nuclear Power and state utility Korea Electric Power Corp (NYSE:KEP) (KEPCO) have reached an agreement with United States’…
Tin falls back to earth but supply problems haven’t gone away: Andy Home
By Andy Home LONDON (Reuters) -Investors lost faith in tin’s bull narrative towards the end of 2024, slashing bets on a further rally and helping crash the price. Tin had…
