Live Commodity Trading News

UPDATE 1-UK’s Ofwat asks water companies to use storm overflows more carefully

(Adds details, background) June 18 (Reuters) – Britain’s water regulator on Friday asked water companies to establish and maintain measures for careful use of storm overflows, so wastewater is not released into rivers during periods of heavy rainfall.

EXCLUSIVE-OPEC WAS ALSO TOLD THIS WEEK U.S. SUPPLY COULD RISE BY 500,000 BPD TO 1.3 MILLION BPD IN 2022 – INDUSTRY SOURCE

EXCLUSIVE-OPEC WAS ALSO TOLD THIS WEEK U.S.

EXCLUSIVE-OPEC told to expect limited U.S. oil output growth, for now – sources

* Shale outlook discussed at Tuesday OPEC technical meeting * U.S.

EXCLUSIVE-OPEC TECHNICAL MEETING THIS WEEK WAS TOLD TO EXPECT U.S. OIL OUTPUT TO RISE BY ABOUT 200,000 BPD THIS YEAR – OPEC AND INDUSTRY SOURCES

EXCLUSIVE-OPEC TECHNICAL MEETING THIS WEEK WAS TOLD TO EXPECT U.S.

GLOBAL MARKETS-Wall Street heads for weak open as investors review recovery bets

* Analysts ask if Bank of England will follow Fed * Stocks remain close to this week’s record highs * Treasury yields rise; dollar near two-month highs * Gold gains ground after earlier plunge By Huw Jones LONDON, June 18 (Reuters) – Wall Street headed for a weak start on Friday as investors reassessed their bets on recovery plays after the U.S.

METALS-Copper on track for biggest weekly tumble since March 2020

(Updates with official prices) LONDON, June 18 (Reuters) – Copper on Friday was on track for its biggest weekly fall since March 2020 after the Federal Reserve signalled it would begin to tighten monetary policy and China said it would sell state reserves to limit prices.

RPT-COLUMN-China’s success in cutting metal prices may be fleeting: Russell

(Repeats story issued earlier with no changes to text) * GRAPHIC – Copper and aluminium market balances through 2024 https://tmsnrt.rs/3d0O8ub

German pig prices down as Chinese fall pressures world markets

HAMBURG, June 18 (Reuters) – German pig prices fell sharply this week as a slump in Chinese prices undermined international markets, industry sources said on Friday.

Wood Mackenzie buys consultancy Roskill to expand energy transition offering

LONDON, June 18 (Reuters) – Natural resources consultancy Wood Mackenzie said on Friday it had acquired privately-owned Roskill as it expands its expertise in the metals and materials crucial for the energy transition.

PRECIOUS-Gold regains some ground, but set for worst week in 9 months

* Dollar heads for best week in 9 months * Gold uptick likely temporary given dollar strength -analyst * Silver, platinum and palladium also recover (Adds comment, updates prices) By Arundhati Sarkar June 18 (Reuters) – Gold rose 1% on Friday as a pause in the dollar’s rally helped it claw back some ground from sharp losses driven by the U.S.