Oil falls on demand concerns, new European lockdowns
LONDON, Oct 19 (Reuters): Oil prices fell on Monday as concerns over surging coronavirus cases globally dampened prospects for a demand recovery, while Libya planned to boost output further as the OPEC member tries to revive its energy industry after months of blockade.Brent crude for December LCOc1 was down 30...
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Qatar Airways expects to keep A380s parked for yrs
DUBAI, Oct 19 (Reuters): Qatar Airways does not expect to use its Airbus AIR.PA A380s for at least the next two years, its chief executive said on Monday, longer than a previous projection for the superjumbos to possibly return to service in 2021.The state-owned airline has parked its 10 A380s...
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Gold gains on weaker dollar, US stimulus bets
BENGALURU, Oct 19 (Reuters): Gold climbed on Monday as a softer dollar and optimism over a new US stimulus agreement before next month's presidential election lifted demand for bullion as an inflation hedge.Spot gold was up 0.7 per cent at $1,912.22 per ounce by 1147 GMT. US gold futures rose...
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Texas Waha natgas prices drop to negative on weak demand
TEXAS, Oct 19 (Reuters): Spot natural gas prices at the Waha hub in the Permian basin in West Texas turned negative for the first time since April as mild weather cut demand for the fuel.Longer term, however, Waha forwards were trading at their highest levels in years on expectations gas...
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Tesla to export China-made Model 3 vehicles to Europe
BEIJING/SHANGHAI, Oct 19 (Reuters): US electric vehicle maker Tesla Inc said on Monday it would start exporting China-made Model 3 cars to more than 10 European countries this month.Tesla, which started delivering vehicles made from its Shanghai factory in December, will export China-made cars in October to countries including Germany,...
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