Rohstoffthread / CCG-Hauptthread

NYMEX OVERVIEW: CRUDE, RBOB FUTURES SHOW SMALL GAINS AS ULSD CONTRACTS FALL -- OPIS
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

25 October 2023, 20:35

Crude and gasoline futures contracts were all showing slight gains late Wednesday morning, with diesel futures falling even as federal data show another decline in U.S. inventories.
The gains come amid a day that has seen good-sized swings in futures prices as equity markets are also moving lower and there is no market-moving developments in the war between Israel and Hamas.
Inventory data released by the Energy Information Administration Wednesday morning showed builds in U.S. crude and gasoline stockpiles, while ULSD supplies fell.
That has put pressure on crude prices, with contracts for U.S. benchmark WestTexas Intermediate crude giving up earlier gains to drift in and out of positive territory. At 11:50 a.m. ET, the December WTI contract was 18cts higher to $83.92/bbl while January prices were moving up by 24cts to $83.21/bbl. European benchmark Brent crude was seeing increases about twice those of WTI, with the December contract rising 51cts to $88.58/bbl and January prices moving 42cts higher to $87.58/bbl.
Gasoline contracts were hovering just inside of positive territory, with the November RBOB contract ahead 0.10ct to $2.2686/gal while December gains were 0.21ct to $2.2548/gal.
The small movements in RBOB futures come as retailers around the nation see gross rack-to-retail margins averaging more than 57cts/gal. The national average diesel margin topped 64cts on Wednesday, OPIS MarginPro data show.
ULSD contracts were on track for a fourth day of losses, with the November contract moving 3.82cts lower to $3.0067/gal while December prices shed 3.16cts to $2.9309/gal.
EIA on Wednesday reported U.S. distillate inventories fell by 1.7 million bbl in the week ended Friday, placing them 12% below the seasonal five-year average. Total motor gasoline inventories increased by 200,000 bbl and are 1% over seasonal averages while crude inventories climbed by 1.4 million bbl but remain 5% below where they normally are at this time of year.
Refineries in the U.S. operated at 85.6% of capacity, a small decrease from the week before as seasonal turnaround work continues. Implied gasoline demand for the week was 8.86 million b/d, more than 200,000 b/d above the recent four-week average.
Gasoline prices were rising Wednesday in most spot markets OPIS follows around the country, with markets west of the Rockies seeing gains of 3-6cts/gal.
Prices, however, were falling in both Group 3 and Chicago, with declines of nearly 5cts/gal and over 2cts/gal, respectively.
Diesel prices were falling around the country, with Chicago diesel falling more than 11cts/gal.
Renewable Identification Number prices, which have dropped below 90cts recently, were seeing large gains, with D6 ethanol RINs rising 2.75cts while D4 biodiesel RINs increased by 3cts.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal. --Reporting by Steve Cronin, scronin@opisnet.com;
Editing by Michael Kelly, mkelly@opisnet.com (END) Dow Jones NewswiresOctober 25, 2023 13:35 ET (17:35 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
OIL PRICES FALL AMID MIXED US INDICATORS -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

26 October 2023, 16:18

0918 ET - Oil futures fall as the war remains confined within Israel and the US economy gives mixed signals. Estimated 3Q GDP growth was slightly above expectations and September durable goods orders were also higher than expected, while weekly jobless claims accelerated beyond forecast. Expectations of weaker demand driven by a cooling economy have been weighing on energy prices, partially offsetting supply concerns linked to the Middle East conflict. "Even escalation of military activity may not be sufficient to boost the energy complex," Ritterbusch says in a note, adding that high US interest rates "tend to up the possibility of a stronger dollar that...is still a formidable bearish consideration." The WTI falls 2% to $83.57 a barrel. (paulo.trevisani@wsj.com; @ptrevisani) (END) Dow Jones NewswiresOctober 26, 2023 09:18 ET (13:18 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
Discovery Silver talks Cordero met testing

2023-10-26 09:46 ET - News Release



Mr. Tony Makuch reports

DISCOVERY REPORTS OPTIMIZED RESULTS FROM ITS FEASIBILITY STUDY METALLURGICAL TEST PROGRAM


Discovery Silver Corp. has released results from its feasibility study (FS) metallurgical test program from its Cordero project, located in Chihuahua state, Mexico. Highlights from the test work include:



  • Increased silver recoveries of up to 7% to the precious metals concentrate where higher payabilities are received.
  • Significant reductions in reagent consumption while achieving improved metallurgical performance than outlined in the Preliminary Feasibility Study ("PFS")
  • Excellent metallurgical performance achievable for oxide-sulphide blending of up to 15% oxides (the PFS assumed a cap of up to 10% oxides).
  • Primary grind sensitivity confirmed a coarse grind size of 200 micron passing p80 is the optimal grind size (unchanged from the PFS).
  • Blasting study showed run-of-mine material to be smaller than previously estimated allowing for a smaller primary crusher.


Tony Makuch, CEO, states: "Our Feasibility Study test work demonstrates the exceptional metallurgical characteristics of our Cordero deposit. Previous test work established excellent recoveries for different mining phases and variable grade profiles to generate clean, saleable concentrates. This current program was focused on optimization and was successful in significantly increasing silver recoveries to the precious metals concentrate, where higher payabilities are received, and significantly reducing reagent consumption. The program also established that co-processing of oxides can be increased to up to 15% oxides allowing for flexibility for mine planning and potentially extending the 18-year mine life that was outlined in the PFS.

Meanwhile, our other feasibility study work programs continue to advance well and we remain on track for delivering our study in the first quarter of next year."

.....

https://www.stockwatch.com/News/Item/Z-C!DSV-3470246/C/DSV
 
IMPERIAL OIL PLANS SUBSTANTIAL ISSUER BID TO BUY UP TO C$1.5B OF ITS SHARES
#IMP(851368)

Imperial Oil Ltd.

67,02 €
08:43:25
-0,38 €
-0,56 %
Hoch: 67,02 €
Tief: 67,02 €

Symbol:
IMP
WKN:
851368
ISIN:
CA4530384086
67,02 -0,6%

27 October 2023, 15:20, By Robb M. Stewart

Imperial Oil plans to return cash to investors with the purchase for cancellation of up to 1.5 billion Canadian dollars ($1.08 billion) of its shares.Exxon Mobil, the Canadian oil company's majority shareholder, will make a proportionate tender to maintain its stake in Imperial Oil at just under 70% following the substantial issuer bid.Imperial Oil expects the terms and pricing will be determined and the offer launched during the next two weeks, and will be completed before the end of the year.The company completed an accelerated normal course issuer program this month, which saw it return more than C$2.3 billion in all to its shareholders.Imperial Oil's production averaged 423,000 gross oil-equivalent barrels a day in the third quarter, down from 430,000 barrels a day in the same period last year. Adjusting for its sale of XTO Energy Canada, which closed in the third quarter of 2022, the company said its production increased by about 5,000 gross oil-equivalent barrels a day.
Write to Robb M. Stewart at robb.stewart@wsj.com (END) Dow Jones NewswiresOctober 27, 2023 08:20 ET (12:20 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
US OIL AND GAS RIG COUNT INCHES HIGHER -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

27 October 2023, 20:28

1328 ET - The number of rigs drilling for oil and natural gas in the US rose by one this week, according to the latest survey by Baker Hughes. Baker Hughes' says that US rigs rose to 625 in the latest week. Meanwhile, the Canadian rig count is down by two rigs, to 196 rigs. In the US, an uptick of two oil rigs were partially offset by a one-rig decrease in North American gas rigs. Oil futures are mostly higher, with the WTI crude contract up 1.3% and Brent rising 1% to $87.91 a barrel.
(kirk.maltais@wsj.com; @kirkmaltais) (END) Dow Jones NewswiresOctober 27, 2023 13:28 ET (17:28 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
CRUDE OIL FINISHES HIGHER ON ELEVATED HOSTILITIES -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

27 October 2023, 22:17

1517 ET - Crude oil finishes up 2.8% to $85.54 a barrel for the day heading into a weekend where military operations in the Middle East appear to be escalating. "Any sign that the other countries in the region are becoming more involved in the conflict would cause oil prices to rise sharply," says Bill Weatherburn of Capital Economics in a note. Decisions next week on interest rates by the Federal Reserve and Bank of England are expected to impact oil prices in the near-term. For the week, crude oil finished down 2.9%. Meanwhile, Brent crude finished up 2.9% to $90.48 a barrel for the day, down 1.8% for the full week.
(kirk.maltais@wsj.com; @kirkmaltais) (END) Dow Jones NewswiresOctober 27, 2023 15:17 ET (19:17 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
NATURAL GAS DROPS BACK AFTER STRONG WEEK -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

27 October 2023, 22:01

1501 ET - Natural gas closed down 1.6% at $3.164 per mmBtu, with traders cutting their exposure to futures that have been boosted by a cold outlook for US weather. "Strong gains this week have been primarily attributed to a frosty cold shot sweeping across the US in the coming days for the first taste of winter," says NatGasWeather.com in a note. For the week, natural gas finished up 9.1%, snapping a two-week losing streak.
(kirk.maltais@wsj.com; @kirkmaltais) (END) Dow Jones NewswiresOctober 27, 2023 15:01 ET (19:01 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
#Gold

Gold

Symbol:
Gold
-future: der freitägliche anriss an das verlaufhoch bei 2019.70$ wird zu wochenbeginn auf ein tt bei 2003.40$ korrigiert. der long-trend wird durch die psychologisch wichtige marke von 2000$, aber durch charttechnische parameter wie die untere aufwärtstrendlinie (aktuell 4 auflagepunkte im h1-chart, verlauf heute im bereich um 1995$) oder charttechnischen unterstützungen (~1980$, 1975$ und 1965$), stabilisiert.
die zinsentscheidung der amerkianischen zentralbank fed am mittwoch (01.11.2023, 19.00 h) dürfte hier die vola erhöhen und den weiteren kursverlauf stimulieren.
=> guten start in die neue woche und gutes gelingen! :up:

gc.PNG
 
OIL SLIPS DESPITE ISRAEL PUSHING DEEPER INTO GAZA -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

30 October 2023, 10:15

0815 GMT - Oil prices are moving lower early on Monday, despite Israel stepping up its campaign in Gaza via land and aerial bombardment over the weekend. Brent crude is down 1.7% to $87.69 a barrel while WTI is 1.9% lower at $83.97 a barrel. Markets for now are seemingly thinking the conflict in Gaza will remain isolated, however ANZ says that any spillover into the wider region could threaten supply. "The escalation of the war raises the risk around supply disruptions that have been hanging over the market since Hamas's attack," the bank says in a note, adding that "up to 20 million barrels a day of oil is at risk either directly and through obstructed logistic if other Middle East oil producers become involved."
(yusuf.khan@wsj.com) (END) Dow Jones NewswiresOctober 30, 2023 04:15 ET (08:15 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
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GLOBAL COMMODITIES ROUNDUP: MARKET TALK

0415 ET - Oil prices
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas
are moving lower early on Monday, despite Israel stepping up its campaign in Gaza via land and aerial bombardment over the weekend. Brent crude is down 1.7% to $87.69 a barrel while WTI is 1.9% lower at $83.97 a barrel. Markets for now are seemingly thinking the conflict in Gaza will remain isolated, however ANZ says that any spillover into the wider region could threaten supply. "The escalation of the war raises the risk around supply disruptions that have been hanging over the market since Hamas's attack," the bank says in a note, adding that "up to 20 million barrels a day of oil is at risk either directly and through obstructed logistic if other Middle East oil producers become involved."
(yusuf.khan@wsj.com)

0149 ET - South Africa's wheat #Weizen imports will likely slow to around 1.6 million metric tons from the 1.7 million tons forecast previously as a favorable harvest boosts domestic supply, says Wandile Sihlobo, chief economist at South Africa's Agricultural Business Chamber. Growers in South Africa hope to harvest some 2.17 million tons of wheat during the 2023-24 season, which is well above the 10-year average harvest of 1.8 million tons. Despite the higher harvest, Sihlobo notes that above-normal rainfall could damage the quality of the crop, which may drive up import needs. "The current expected crop is up 3% from the previous season," he says "This was a positive surprise."
(nicholas.bariyo@wsj.com)

2336 ET - Gold prices
#Gold

Gold

Symbol:
Gold
are slightly lower on profit-taking, but the outlook for the yellow metal remains positive, given a broader risk-averse sentiment among investors. With the continuing geopolitical tensions in the Middle East, investors view gold as a safe haven. The rising gold prices are helping offset headwinds from currency and bond markets, ANZ analysts say in an email. Spot gold is 0.1% lower at $2,003.30/oz.
(jiahui.huang@wsj.com; @ivy_jiahuihuang)

2240 ET - Iron ore prices are higher in early Asian trade amid better market sentiment. Macroeconomic expectations andsentiment have improved after China's issuance of CNY1 trillion in central government bonds, Huatai Futures analysts say in a research note. Meanwhile, Vale, one of the largest iron ore producers in the world, sees upward momentum in the steelmaking material, as the Chinese government signals more support for the economy, ANZ analysts say in a research note. The most-traded iron ore contract on the Dalian Commodity Exchange is up 2.0% at CNY896.0 a ton.
(sherry.qin@wsj.com)

2211 ET - Copper #Kupfer edges higher in the morning Asian session amid signs of recovery in parts of China's economy. Last week, data showed that China's industrial profits rose for a second month in September, ANZ Research analysts say in a research report. These are emerging signals of a recovery in key sectors of the country's economy, the analysts add. The three-month LME copper contract climbs 0.2% higher to $8,118.00 a ton.
(ronnie.harui@wsj.com)

(END) Dow Jones Newswires

October 30, 2023 09:15 ET (13:15 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
 
NATURAL GAS DROPS BACK TO START WEEK -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

30 October 2023, 16:33

1033 ET - Natural gas futures are down 4.3% in early trading, with weekend weather data trending lower -- which has negative momentum on futures. A mild forecast is expected in the first two weeks of November, says NatGasWeather.com in a note. The firm adds that any brief instances of cold are possibly already priced in. "This could be a case of sell the news/cold since it might have been priced in last week," says the firm.
(kirk.maltais@wsj.com; @kirkmaltais) (END) Dow Jones NewswiresOctober 30, 2023 10:33 ET (14:33 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
Arizona Sonoran drills 164.6 m of 1.97% CuT at P/S

2023-10-30 09:42 ET - News Release



Mr. George Ogilvie reports

ARIZONA SONORAN DRILLS 1.97% CUT OVER 540 FT (164.6 M) AT PARKS/SALYER AND BEGINS DRILLING SOUTH OF THE PARKS/SALYER DEPOSIT


Arizona Sonoran Copper Company Inc. has released drill assays from five holes at Cactus East and four from Parks/Salyer (18,467 feet/5,629 metres). Drilling at 125 ft (38 m) drill spacings demonstrating the continuity and thicknesses of mineralization within the proposed Cactus East and Parks/Salyer high-grade underground oxide and enriched mineralized zones.

Additionally, the company has begun exploratory drilling at the MainSpring property (Parks/Salyer South), with five holes now complete. The program consists of up to 10 drill holes, targeting shallow mineralization 1,500 ft (approximately 450 m) south of the Parks/Salyer deposit. The Parks/Salyer deposit contains 143.9 million tonnes at 1.009 per cent copper measured and indicated and 48.4 Mt at 0.967 per cent Cu inferred (press release Oct. 16, 2023) and remains open to the south onto the MainSpring property. Historic Asarco drilling supports the continuity of gradually shallower mineralization toward the south, which Arizona Sonoran is testing via the current drill program.

Drilling highlights:

.....

https://www.stockwatch.com/News/Item/Z-C!ASCU-3471259/C/ASCU
 
natural gas
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas
: dec-23-kontrakt vom tt bei 3.318$ auf ein aktuelles th von 3.625$ (+7.9%). :wallbash:
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TANZANIA 2022-23 CORN PRODUCTION ROSE BY 25%
#Mais

Mais

Symbol:
Mais

31 October 2023, 16:52 By George Mwangi
Special to Dow Jones Newswires
Tanzania corn production rose by 25% in the marketing year through June 2023, compared with the prior year, the country's agriculture ministry said Tuesday.Production rose to 8.01 million metric tons in 2022-23 from 6.42 million tons a year earlier, the ministry said in its cereals production statistics report. The report didn't provide a reason for the rise.Corn production in 2021-22 fell by 9% from 7.04 million tons a year earlier due to drought, according to the U.S. Agriculture Department's recent annual Tanzania: Grain and Feed report.Corn production in Tanzania is expected to fall by 24% to 6.1 million ton in the current marketing year due to expensive fertilizer and an armyworm outbreak, despite farmers responding to higher prices for the corn by increasing acreage, according to the USDA report.
Write to Barcelona Editors at barcelonaeditors@dowjones.com (END) Dow Jones Newswires, October 31, 2023 10:52 ET (14:52 GMT), Copyright (c) 2023 Dow Jones & Company, Inc.
 
GIBSON ENERGY'S SOUTH TEXAS GATEWAY TERMINAL COULD BE VERY LUCRATIVE -- MARKET TALK
31 October 2023, 20:01

1401 ET - Gibson Energy's South Texas Gateway Terminal is showing a lot of promising early signs, according to a report by Scotiabank's Robert Hope. The analyst says that the company is in negotiations with three of six existing customers of the terminal to extend and expand their contracts, as well as other parties for new contracts. Hope estimates that Ebitda from the STGT could be about C$165 million in its first year of ownership. Moreover, management noted they could grow the STGT business by 10%-15% by lengthening the contract mix and adding tankage and pipeline connections, which would imply STGT Ebitda of C$180 million-C$190 million, "which would be ahead of our 2025 estimate of C$175 million," he said. Shares are down 2% at C$20.70.
(adriano.marchese@wsj.com) (END) Dow Jones NewswiresOctober 31, 2023 14:01 ET (18:01 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
NYMEX OVERVIEW: ENERGY PRICES WEAKEN, BUT STILL SHOW GAINS AFTER EIA REPORT -- OPIS
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

1 November 2023, 19:38

Crude and refined product futures prices
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas
have backed off earlier highs but were still showing strong gains following release of the latest U.S. inventory and demand data.
Oil prices were ahead about $1/bbl at 11:45 a.m. EDT on Wednesday, about $1.50 off their earlier levels, with the December contract for U.S. benchmark West Texas Intermediate crude ahead 98cts to $82/bbl while the January contract rose by $1.08 to $81.58/bbl.
The January contract for European benchmark Brent crude was seeing gains of $1.06 to $86.08/bbl during its first session in the front-month position while February prices were ahead $1.04 to $85.49/bbl.
Diesel futures were seeing the largest gains of the morning, with the December ULSD contract rising 6.25cts to $2.9725/gal, about 2.75cts off earlier highs. The January contract was 5.35cts in the black to $2.9096/gal.
Gains for gasoline futures were below the 2ct/gal mark, with the December RBOB contract rising by 1.85cts to $2.2358/gal while January prices added a similar amount to $2.2302. The front-month contract has fallen about 5cts off its earlier peak.
The gains follow a report by the Energy Information Administration showing little change in U.S. petroleum inventories. Crude inventories rose by 800,000 bbl in the week ending Friday and are 5% below seasonal averages. Total gasoline supplies added 100,000 bbl to sit at 2% above where they normally are at this time of year. Distillate supplies fell by 800,000 bbl, placing them 12% below seasonal averages.
EIA reported gasoline products supplied during the week -- its proxy for demand -- at nearly 8.7 million b/d, down about 170,00 b/d from the week before but about equal to what was seen during the same week last year. Distillate demand was 3.68 million b/d, a 400,000 b/d decrease from a week earlier and about 600,000 b/d lower than this time in 2022.
U.S. refinery utilization was at 85.4% during the week, virtually unchanged since the week before as seasonal maintenance work continues at several major facilities.
Gasoline and diesel prices in most spot markets around the nation were following the futures' movement upward Wednesday, though gasoline gains in New York Harbor and San Francisco were only a few fractions of a cent.
Renewable Identification Number prices were seeing deep losses, with D6 ethanol and D4 biodiesel RINs falling by 3cts for a second day in a row. Both D4 and D6 RINs fell by more than 16cts during the month of October, with market players attributing the slide to soybean oil futures and their relationship to ULSD prices, which affects the economics of biofuel blending.

This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is run independently from Dow Jones Newswires and The Wall Street Journal.
-- Reporting by Steve Cronin, scronin@opisnet.com; Editing by Michael Kelly, mkelly@opisnet.com (END) Dow Jones Newswires November 01, 2023 13:38 ET (17:38 GMT) Copyright (c) 2023 Dow Jones & Company, Inc.
 
STOCKS RISE, YIELDS, DOLLAR, OIL FALL AS FED MEETS EXPECTATIONS -- MARKET TALK
1 November 2023, 20:19

1418 ET - The Fed holds rates as expected and remains data dependent, a decision that further weakens yields and the dollar while offering some support to stocks. WTI oil futures are now falling 1%, after rising ahead of the decision. The S&P500 rises 0.5%, maintaining early gains but off today's highs. A similar pattern is followed by the Dow Jones Industrials, which is up 0.2%. The 10-year Treasury yield, meanwhile, falls to 4.791% and the WSJ Dollar Index is at 100.94, both slightly lower than before the rate decision.
(paulo.trevisani@wsj.com; @ptrevisani)(END) Dow Jones NewswiresNovember 01, 2023 14:19 ET (18:19 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
NATURAL GAS FALLS AS WEATHER FORECASTS LOOK MILD -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

1 November 2023, 21:43

1543 ET - Natural gas futures close 2.3% lower, at $3.494/mmBtu, as weather forecasts turn warmer and US storage is expected to remain above normal. "Wild volatility is expected to continue, aided by tomorrow's EIA weekly storage report," NatGasWeather.com says in a report. In a Wall Street Journal poll, the average forecast is an 81 billion cubic-foot increase in the week ended Oct. 27, keeping US stockpiles about 6% above the five-year average. "It was warmer than normal over most of the US for the sample period, while wind generation was also decently stronger week over week," NatGasWeather.com says. Weather models are trending warmer for the next 15 days.
(paulo.trevisani@wsj.com; @ptrevisani) (END) Dow Jones NewswiresNovember 01, 2023 15:43 ET (19:43 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
OIL FUTURES RISE AMID IMPROVING ECONOMIC PROSPECTS -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

2 November 2023, 20:53

1452 ET - WTI crude snaps a three-day losing streak and gains 2.5% to $82.46 a barrel as markets digest an apparent softening of the US Fed's rhetoric. The prospect of more interest rate increases is fading, reducing fears of an economic contraction that would hurt demand for energy. Markets are also pricing faster rate cuts next year, which could be a tailwind for activity and demand. A weakening of the dollar --the ICE dollar index falls 0.7%-- offers additional support for oil prices, while geopolitical risks to global supplies are somewhat mitigated by hopes that Biden would tap the strategic reserves if needed.
(paulo.trevisani@wsj.com; @ptrevisani) (END) Dow Jones NewswiresNovember 02, 2023 14:53 ET (18:53 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
NATURAL GAS FUTURES FALL AMID MILDER WEATHER FORECAST -- MARKET TALK
#Oel/Gas

Öl + Gas

Symbol:
Oel+Gas

2 November 2023, 20:45

1445 ET - Natural gas futures trim early losses but still close in negative territory after a lower-than-expected weekly injection in US supplies. Warming weather forecasts undermine prices. "Most of the lost demand in the latest run is due to a cold shot over Canada not advancing as aggressively into the US," NatGasWeather.com says in a report. The front-month contract closes at $3.472/mmBtu, with a 0.6% loss, after spending a good part of the trading session down around 2%.
(paulo.trevisani@wsj.com; @ptrevisani) (END) Dow Jones NewswiresNovember 02, 2023 14:45 ET (18:45 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.
 
ARGONAUT TSX:AR heute mit Zahlen (nicht der Brüller), aber mit hoffnungsvollem MAGINO-UPDATE,
für Argonaut-Verhältnisse nicht übel, man scheint jetzt aus dem gröbsten raus zu sein:

https://www.newswire.ca/news-releas...des-project-development-update-824457378.html

"Argonaut's first quarter financial results were in line with plan and reflect the transformation of our production base
as we continue winding down our high-cost, low-grade Mexican mines, while preparing for first gold pour at our new flagship Canadian operation.
Argonaut is in a solid financial position to complete the construction and ramp up of Magino
with a quarter-end cash balance of $58.4 million, $104 million in undrawn debt,
and approximately $103 million left to spend on project construction""
... Argonaut meldet Commercial Production für Magino (das wurde aber auch langsam Zeit):
https://www.stockwatch.com/News/Item/Z-C!AR-3473848/C/AR

Wie immer bei Argonaut darf man nicht nur die Überschrift lesen, die zu schluckende Kröte kommt meistens erst am Ende der Meldung:
"As a result of the slower than planned ramp-up of Magino to commercial production, the Company will bolster its balance sheet through the sale to Franco-Nevada Corporation and certain of its subsidiaries (Franco-Nevada) of an additional 1% net smelter return royalty ("NSR") on its Magino Mine, and its non-core royalty holdings in Canada and Mexico for an aggregate purchase price of US$29.5 million, with closing of such transactions subject to satisfactions of closing conditions. Upon the closing of this transaction Franco-Nevada will hold an aggregate 3.0% NSR on the Magino Mine. "
 
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