The UK's FTSE100 is down as energy and industrial shares weigh
The FTSE 100 index in London dipped on Wednesday, after two sessions of record-high levels. Losses in energy and industrial shares weighed heavily on the market. Blue-chip index fell 0.1% to 9,886 as of 1214 GMT. However, it is still…
Palm ends two-day gains with firmer Ringgit
The market for Malaysian palm oils futures ended two sessions of gains in a row on Wednesday as the ringgit strengthened, making the commodity more costly to buyers who hold foreign currencies. At the close, the benchmark contract for…
Palm oil prices drop on firmer Ringgit
After two sessions of gains, Malaysian palm oils futures fell on Wednesday. The ringgit's strength has made the commodity costlier for buyers who hold foreign currencies. At the midday break, the benchmark palm oil contract on Bursa…
Dow closes at record high; traders bet against government shutdown
The Dow Jones Industrial Average closed at a record-high on Tuesday. This was boosted by progress in ending the longest U.S. Government shutdown. Nvidia, and other companies related to artificial intelligence, fell due to renewed concerns over high valuations.
Oil Prices Rise Amidst Latest US Sanctions
Oil prices rose on Tuesday on the impact of the latest U.S. sanctions on Russian oil and optimism that the U.S. government shutdown could end soon, although oversupply concerns limited gains.Brent crude futures were up $1.14, or 1.78%, to $65.2 a barrel at 11:50 a.m. ET (1650 GMT). U.S.
VEGOILS - Palm up on Chicago soyoil's strong performance; weather concerns and weak export data cap gains
The market was supported by a stronger Chicago soyoil and concerns about inclement weather, but a lackluster November export report and the looming threat of bad weather weighed heavily on the market. At midday, the benchmark palm oil…
Oil Prices Rise as US Shutdown Talks Advance, Oversupply Concerns Remain
Oil prices edged higher on Monday as investors assessed moves aimed at ending the U.S. government shutdown while concerns around oversupply in the crude market persisted.Brent crude futures rose 43 cents, or around 0.7%, to $64.06 a barrel by 1409 GMT. U.S.
Poland Working on Deal to Import US LNG to Support Ukraine, Slovakia
Poland is working on a deal to import liquefied natural gas (LNG) from the U.S. to supply Ukraine and Slovakia, an agreement that would further tighten the European Union’s ties to American energy, according to two sources familiar with…
French and Benelux stocks: Factors to watch
Here are some company news and stories that could impact the markets and individual stocks in France and Benelux. EURAZEO: French Private Equity firm Eurazeo completed the sale of CPK Group, which generated around 240 millions euros in gross proceeds.
The new Japanese Prime Minister's energy policies puts nuclear power at the heart of their policy
Sanae Takaichi, the new Japanese prime minister, is expected to press for a rapid revival of nuclear energy to combat inflation, which has been a major source of discontent amongst the public. Reactor restarts are also key to reducing expensive fuel imports.
As US onshore oil growth slows, will improved drilling boost Gulf of Mexico offshore oil production?
Analysts and consultants predict that offshore investment will continue to grow as new technology and more friendly regulations encourage investment. In recent years, the offshore oil and natural gas sector has been overshadowed by shale…
Oil Prices Drop Amidst Gaza Ceasefire Plan As Risk Premium Fades
Oil prices declined to multi-month lows on Friday as the market's risk premium faded after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza.Brent crude futures were down $1.73, or 2.7%, at $63.49 a barrel at 1316 GMT.
US grants license to Shell, Trinidad to develop Venezuelan gas field, official says
Trinidad's Attorney General said that the U.S. Government has given Shell and Trinidad and Tobago permission to develop a offshore gas field near the maritime border in Venezuela, Trinidad's attorney-general announced on Thursday. In recent years…
S&P 500 and Nasdaq reach intraday records as rate-cutting hopes overshadow shutdown fears
S&P 500 and Nasdaq both hit intraday records at the market opening on Thursday. This was due to renewed expectations of interest rate reductions. Traders are bracing for a week-end with little data, but few new catalysts. Investors have been able to ignore the uncertainty of the U.S.
The US government shutdown could disrupt the IPO market momentum
The U.S. shutdown could stall the long-awaited return of the IPO market, even though strong investor demand and successful debuts have boosted new listings. Deep partisan differences prevented Congress and White House from reaching an agreement on funding.
Trinidad receives US support for cross-border energy projects
Trinidad and Tobago received U.S. assistance to develop the Dragon field in Venezuela. This could include a U.S. Treasury Department license, the U.S. Government and Trinidad announced on Tuesday. The announcement came after a meeting in Washington between U.S.
Perpetua Resources talks to Glencore and others about US antimony processing
Perpetua Resources announced on Thursday that it was in discussions with Glencore and Trafigura about a partnership for the refinement of antimony in America. This is part of an effort to increase Western supplies of this critical mineral, whose exports China blocked. The U.S.
Alaskans fear higher energy prices as Trump drills
Alaskans spend nearly two times as much on electricity as the national average. Matt Goodnow, financial counselor at a hospital located in Homer, Alaska, a fishing village on the Kenai Peninsula, said that higher energy costs would be detrimental to the community.
US energy chief: EU could stop buying Russian gas in a year
Chris Wright, the U.S. Energy Secretary, said on Friday that the European Union can replace Russian gas with U.S. Liquefied Natural Gas within 6-12 months. The United States has communicated its position to EU officials in this week.
Trump signss order to lower Japanese auto tariffs
On Thursday, U.S. president Donald Trump signed an executive order to lower tariffs announced in July on Japanese auto imports and other products. Seven days after the publication of the order, lower auto tariffs will come into effect. The tariff relief extends back to August 7, in part.