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Glencore


Berita

Glencore inks 20-year non-binding deal with Commonwealth LNG, Kimmeridge

Glencore inks 20-year non-binding deal with Commonwealth LNG, Kimmeridge Sept 19 (Reuters) - Commodities giant Glencore GLEN.L has signed a non-binding agreement to buy 2 million tonnes per annum of liquefied natural gas from Commonwealth LNG along with equivalent natural gas supply from Kimmeridge Texas Gas, the companies said on Thursday. The 20-year supply agreement is expected to be finalized among all parties by the fourth quarter.
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MS sees seasonal restock to bring metals & mining back into focus

BUZZ-MS sees seasonal restock to bring metals & mining back into focus ** As China's steel demand indicators disappoint, Morgan Stanley says a seasonal restock would bring the metals & mining sector back into focus ** Says, prospects of a meaningful demand inflection in China remain limited in the absence of more decisive stimulus, but sees a modes
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North Sea Crude-Forties and Midland trade

North Sea Crude-Forties and Midland trade LONDON, Sept 18 (Reuters) - North Sea Forties and U.S. WTI Midland both traded in Wednesday's North Sea window, with the former trading below Tuesday's levels and the latter slightly higher. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Nickel market no longer afraid of losing Russian supply: Andy Home

RPT-COLUMN-Nickel market no longer afraid of losing Russian supply: Andy Home Repeats Sept. 17 column without change By Andy Home LONDON, Sept 17 (Reuters) - Russian president Vladimir Putin's suggestion that Moscow should consider capping exports of nickel in retaliation for Western sanctions has been greeted with a collective shrug by the market.
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North Sea Crude-Ekofisk slips, Forties and Midland rise

North Sea Crude-Ekofisk slips, Forties and Midland rise LONDON, Sept 17 (Reuters) - North Sea Ekofisk crude differentials weakened on Tuesday after a trade, while U.S. WTI Midland and Forties were supported by higher bids. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Nickel market no longer afraid of losing Russian supply: Andy Home

COLUMN-Nickel market no longer afraid of losing Russian supply: Andy Home By Andy Home LONDON, Sept 17 (Reuters) - Russian president Vladimir Putin's suggestion that Moscow should consider capping exports of nickel in retaliation for Western sanctions has been greeted with a collective shrug by the market. The London Metal Exchange (LME) three-month price CMNI3 has managed a weak bounce through the $16,000-per metric ton level but the momentum is already fading.
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North Sea Crude-Forties, Ekofisk and Midland rise

North Sea Crude-Forties, Ekofisk and Midland rise LONDON, Sept 16 (Reuters) - North Sea Forties and Ekofisk crude differentials rose on Monday after stronger bids, as did those for U.S. WTI Midland which reappeared after a few days' absence from the trading window. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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North Sea Crude-Ekofisk slips, others steady

North Sea Crude-Ekofisk slips, others steady LONDON, Sept 13 (Reuters) - North Sea Ekofisk crude slipped on Friday, while other regional grades and U.S. WTI Midland were steady after a lack of pricing indications. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Egypt fully awards tender for 20 winter LNG cargoes, sources say

UPDATE 5-Egypt fully awards tender for 20 winter LNG cargoes, sources say Egypt fully awards buy tender for 20 LNG cargoes First tender issued to cover winter demand since 2018 Purchases aim to cover demand during fourth quarter Egypt to pay lower than expected premium Changes headline; adds bullets with no change in text By Marwa Rashad LONDON, Sept 13 (Reuters) - Egypt has bought 20 cargoes of liquefied natural gas (LNG) via the first tender issued to cover its winter demand since 2018, securi
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North Sea Crude-WTI Midland offered higher

North Sea Crude-WTI Midland offered higher LONDON, Sept 12 (Reuters) - North Sea Forties and Ekofisk crude differentials rose on Thursday due to higher bids, while U.S. WTI Midland crude was steady after a lack of pricing indications. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Russia considers curbing metals supplies to the West

FACTBOX-Russia considers curbing metals supplies to the West Sept 12 (Reuters) - Russian President Vladimir Putin said this week Moscow should consider limiting exports of metals and other commodities where Russia holds a significant share in global markets in response to Western sanctions. Putin cited uranium, nickel, and titanium but indicated that restrictions could also be introduced for other commodities, noting that Russia was a major producer of natural gas, diamonds and gold.
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Copper output at Chile's Codelco slips nearly 11% in July

UPDATE 1-Copper output at Chile's Codelco slips nearly 11% in July Adds context on Codelco, CEO comments SANTIAGO, Sept 11 (Reuters) - Copper output from Chilean state miner Codelco [RIC:RIC:COBRE.UL] fell 10.7% in July from a year earlier, copper commission Cochilco said on Wednesday, as the world's largest copper company grapples to halt a decline in production.
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North Sea Crude-WTI Midland offered higher

North Sea Crude-WTI Midland offered higher LONDON, Sept 11 (Reuters) - U.S. WTI Midland crude differentials were stable on Wednesday amid lacklustre selling interest in the Platts window, in an otherwise quiet trading session. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Europe Gasoline/Naphtha-Gasoline margins slide on US inventory rise

Europe Gasoline/Naphtha-Gasoline margins slide on US inventory rise LONDON, Sept 11 (Reuters) - Northwest European gasoline refining margins fell sharply by over $2 to $8.1 a barrel on Wednesday, following an unexpected increase in U.S. weekly inventories of the motor fuel. Some 10,000 metric tons of Eurobob E10 barges traded in the Argus window. Shell and Musket sold to Varo and BP.
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Copper output from Chile's Codelco slides nearly 11% in July

Copper output from Chile's Codelco slides nearly 11% in July SANTIAGO, Sept 11 (Reuters) - Chile state miner Codelco [RIC:RIC:COBRE.UL] produced 111,400 metric tons of copper in July, down 10.7% from a year earlier, the South American country's Cochilco copper commission announced on Wednesday, while other key miners saw mixed results. The BHP-controlled Escondida BHP.AX mine lifted its production of the red metal in July by 29%, compared to the same month last year, to reach 106,500 tons.
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British Business - Sept 11

PRESS DIGEST-British Business - Sept 11 Sept 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Egypt-focused gold miner Centamin CEY.L is set to become the latest mining company to leave the London stock market after it agreed to a takeover from AngloGold Ashanti AU.N .
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North Sea Crude-Ekofisk and WTI Midland bid higher

North Sea Crude-Ekofisk and WTI Midland bid higher LONDON, Sept 10 (Reuters) - North Sea Ekofisk and U.S. WTI Midland crude differentials ticked higher on Tuesday as fresh buying interest surfaced in the Platts window. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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Glencore's ex-head of oil appears in UK court on bribery charges

Glencore's ex-head of oil appears in UK court on bribery charges By Sam Tobin and Robert Harvey LONDON, Sept 10 (Reuters) - Glencore's GLEN.L former head of oil Alex Beard appeared in a London court on Tuesday to face bribery charges relating to the Swiss commodity trader's operations in Africa. Beard will plead not guilty, his lawyer said at London's Westminster Magistrates' Court.
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Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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North Sea Crude-Ekofisk, Forties weaken

North Sea Crude-Ekofisk, Forties weaken LONDON, Sept 9 (Reuters) - North Sea Ekofisk crude differentials weakened on Monday after a lower offers, making Ekofisk the cheapest of the benchmark grades, while U.S. WTI Midland was unchanged. PLATTS WINDOW * Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).
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