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WRAPUP 11-Trump says second Venezuela strike possible if government does not cooperate
Trump suggests military action on Colombia, Mexico also possibleSays Venezuelan immigrants in the US were also a factor in the raidMaduro allies still run countryCaracas streets quiet amid anxiety over next developments ABOARD AIR FORCE ONE, Jan 4 (Reuters) - U.S. President Donald Trump ...Reuters
an hour ago
GRAINS-Chicago wheat rises as traders weigh Black Sea tensions, supply outlook
BEIJING, Jan 5 (Reuters) - Chicago wheat futures rose on Monday as traders assessed Ukraine peace talks and dry weather in the U.S. Plains, while ample global supplies capped gains.Soybeans and corn both edged higher after five straight sessions of falls, with corn supported by strong export demand....Reuters
2 hours ago
Venezuela's oil and mining sectors: large potential, weak infrastructure
Jan 4 (Reuters) - Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by U.S. forces on Saturday, according to U.S. President Donald Trump. RESERVESVenezuela has the world's largest estimated oil reserves but its crude outp...Reuters
3 hours ago
US sanctions policy to determine Venezuela's oil production outlook, Goldman says
SINGAPORE, Jan 5 (Reuters) - Venezuela's oil production outlook this year will depend on how U.S. sanctions policy evolves, Goldman Sachs analysts said, after U.S. President Donald Trump deposed Venezuelan President Nicolas Maduro.The U.S. snatched Maduro from Caracas at the weekend and Trump sa...Reuters
3 hours ago
Gold Price Forecast: XAU/USD jumps above $4,350 on US-Venezuela tensions
Gold price (XAU/USD) climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' (US) capture of Venezuelan President Nicolas Maduro.
Fxstreet
4 hours ago
NEWSMAKER-Who is 'tsarina' Delcy Rodriguez, the acting president of Venezuela?
Jan 4 (Reuters) - Delcy Rodriguez, declared the interim president of Venezuela after Nicolas Maduro's capture by U.S. forces, is one of the iron fists in Venezuelan politics, a practitioner of economic orthodoxy who has strived to build relationships with the private sector and who is known for ...Reuters
4 hours ago
RPT-ROI-US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike: Bousso
By Ron Bousso LONDON, Jan 4 (Reuters) - The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to...Reuters
5 hours ago
OPEC+ keeps output steady amid escalating geopolitical tensions
In Sunday's virtual meeting of its eight members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman- the OPEC+ decided to keep the oil output unchanged, while avoiding the discussions of the geopolitical crises affecting several of the producer group's members.Fxstreet
5 hours ago
US pushes oil majors to invest big in Venezuela if they want to recover debts
Govt wants US oil giants to finance investment to revive Venezuelan oil sectorSecurity, legal and political risks challenge Venezuela's oil sector revivalBy Jarrett Renshaw HOUSTON, Jan 4 (Reuters) - White House and State Department officials have told U.S. oil executives in recent weeks that...Reuters
5 hours ago
Energy storage boom strengthens demand outlook for beaten-down lithium
Energy storage could be game changer for lithium - analyst saysDemand bolstered by China power sector reforms, data centre boomBy Amy Lv and Tony Munroe BEIJING/SINGAPORE, Jan 5 (Reuters) - A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accele...Reuters
6 hours ago
Venezuela moves to cut oil output due to US export embargo
PDVSA's move includes shutting down oilfields, well clusters as onshore stocks mountPetrolera Sinovensa preparing to disconnect up to 10 clustersChevron's joint ventures asked to cut, but no reductions applied yetMore than 17 million barrels of oil remain stuck in shipsBy Marianna Parraga ...Reuters
6 hours ago
Latvia police board vessel after Baltic Sea telecom cable breach
By Andrius Sytas VILNIUS, Jan 4 (Reuters) - An undersea telecoms cable was damaged in the Baltic Sea on Friday and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a statement. The Baltic Sea region is on high alert afte...Reuters
8 hours ago
Venezuelan houses destroyed in US attack; no official figures on deaths
Jan 4 (Reuters) - Some homes in the town of Catia La Mar near Venezuela’s capital Caracas were damaged or destroyed in the U.S. military operation that captured President Nicolas Maduro, residents told Reuters on Sunday, while officials reported an unspecified number of deaths.Jonatan Mallora, a 50-...Reuters
8 hours ago
Oil prices likely to move higher on Venezuelan turmoil, ample supply to cap gains
US to take control of Venezuela, oil embargo in full effect, Trump saidVenezuelan oil exports halted since early-Jan due to embargoState oil firm PDVSA begins output cuts as storage fillsOPEC+ to maintain oil output policyBy Florence Tan SINGAPORE, Jan 4 (Reuters) - Oil prices are likely to move ...Reuters
9 hours ago
Russia's Medvedev says Trump's actions in Venezuela are unlawful but consistent
MOSCOW, Jan 4 (Reuters) - Dmitry Medvedev, deputy chairman of Russia's Security Council, said on Sunday that the actions of U.S. President Donald Trump in Venezuela were unlawful but consistent because he was defending U.S. interests, TASS news agency reported."It must be acknowledged that, ...Reuters
13 hours ago
OPEC+ keeps oil output steady amid turmoil among members
Eight OPEC+ members reaffirm existing policyUS seizes Venezuelan President Maduro, plans transitionAnalysts doubt quick boost in Venezuelan oil output By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) - OPEC+ kept oil output unchanged on Sunday after a quick mee...Reuters
13 hours ago
Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds, minister says
MOSCOW, Jan 4 (Reuters) - Botswana plans to open an embassy in Moscow soon and has invited Russian investors to cooperate on rare earths and diamonds, Russia's TASS state news agency quoted Botswana's foreign minister as saying on Sunday. Russia is seeking to strengthen its foothold in Afric...Reuters
14 hours ago
Venezuela's PDVSA asks some joint ventures to cut back oil output, sources say
Jan 4 (Reuters) - Venezuela's state-run PDVSA is asking some of its joint ventures to cut back crude output by shutting down oilfields or well clusters as onshore stocks mount and the company runs out of diluents amid an export paralysis, three sources close to the decision said.Oil exports from...Reuters
14 hours ago
US lifts Caribbean airspace curbs after attack on Venezuela
FAA closed Caribbean airspace to US carriers over military movesAgency warns non-US carriers off near Venezuelan airspaceBy Dan Catchpole Jan 4 (Reuters) - The United States advised airlines on Saturday that its Caribbean airspace curbs would expire at midnight ET (0500 GMT) and flights could res...Reuters
14 hours ago
