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NEW YORK: Oil prices fell to a two-week low on Thursday as China rolled out a plan to release state oil reserves, the U.S. weekly crude draw was smaller than expected and U.S. Treasuries rallied as investors sought safer assets.
SINGAPORE: Asia’s grain and oilseed buyers are set to face shipping delays of at least one month after Hurricane Ida damaged key export terminals around the US Gulf Coast, two traders and one miller said.
SPA-FRANCORCHAMPS, Belgium (Reuters) -The start of the Belgian Formula One Grand Prix was suspended after torrential rain drenched the Spa-Francorchamps circuit on Sunday and two hours later the race still looked unlikely to get underway.
LONDON: Tin continues to be the unexpected star performer of the industrial metals this year.
South African logistics firm Transnet declared force majeure as a major cyber attack continues to hamper its main port terminal operations.
LIMA (Reuters) - A four-day-long blockade in Peru by protesters seeking greater benefits from exploitation of natural resources is disrupting operations of MMG Ltd's Las Bambas copper mine, one of the country's largest, the energy and mines ministry said. Residents of three communities in the Chumbivilcas province of the Andean region of Cusco, 1,100 km (700 miles) southeast of the capital Lima, began the blockade on July 23, the Ministry of Energy and Mines said in a statement on Monday.
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.
KUALA LUMPUR: The expected delay for Edra Energy Sdn Bhd to start its 2,242 MW combined-cycle, gas turbine (CCGT) power plant in Alor Gajah, Melaka will not pose a credit concern in the immediate term, according to RAM Ratings.