News
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Trump expresses support for Canada-China trade deal
WASHINGTON, Jan 16 (Reuters) - President Donald Trump on Friday expressed support for Canadian Prime Minister Mark Carney after he reached a preliminary trade deal with China that will slash tariffs on electric vehicles and canola."That's what he should be doing. It's a good thing for hi...Reuters
Fri, Jan 16
US drillers cut oil and gas rigs for second week in a row, Baker Hughes says
NEW YORK, Jan 16 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-December, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Jan 16
Rallying-Sixth Dakar triumph looms for Al-Attiyah after stage win
Al-Attiyah leads by 15 minutes with 105km leftBrabec leads motorcycle category after strategic moveRoma's car issues widen gap to Al-Attiyah Jan 16 (Reuters) - Qatar's Nasser Al-Attiyah looked set for a sixth Dakar Rally title after the Dacia driver won Friday's penultimate 12th stage...Reuters
Fri, Jan 16
CORRECTED-Euronext wheat holds firm as exports weigh
PARIS, Jan 16 (Reuters) - Euronext wheat rose for a second session on Friday in step with Chicago as the market recovered from early-week lows.March milling wheat BL2H6, the most active position on Euronext's Paris-based futures, settled 0.9% higher at 191.00 euros ($221.52) a metric ton.Euronex...Reuters
Fri, Jan 16
Sanctioned tanker carrying Venezuelan oil docked at Curacao terminal, Tankertrackers.com says
Jan 16 (Reuters) - A Vietnam-flagged tanker under sanctions carrying a Venezuelan oil cargo has docked at Curacao's Bullen Bay terminal, ship monitoring service Tankertrackers.com said on Friday.Curacao authorities had said earlier this week that a vessel carrying a crude cargo as part of a 50-m...Reuters
Fri, Jan 16
US judge grants Dominion bid to restart Virginia offshore wind project
Jan 16 (Reuters) - A federal judge on Friday cleared U.S. power company Dominion Energy D.N to resume work on its Virginia offshore wind project, which President Donald Trump's administration halted along with four other projects last month.The ruling by U.S. District Judge Jamar Walker in the E...Reuters
Fri, Jan 16
WestJet to drop non-reclinable economy seats after backlash
By Allison LampertJan 16 (Reuters) - WestJet Airlines said on Friday it will scrap non-reclinable economy seating on certain Boeing 737 jets, following a slew of complaints and videos on social media showing travelers' knees pressed up against the seats ahead of them.The Canadian carrier said in...Reuters
Fri, Jan 16
Black Sea CPC crude offers drop amid drone strikes
LONDON/MOSCOW, Jan 16 ((Reuters)) - Offer prices for Caspian CPC Blend crude oil dropped sharply this week, according to trade sources, as exports of the grade continue to be impacted by drone strikes in the Black Sea and weather-related delays. ExxonMobil XOM.N, which is a shareholder in the Caspia...Reuters
Fri, Jan 16
US Cash Grains-Corn basis steady-firm on slow farmer sales, soy bids mostly flat
CHICAGO, Jan 16 (Reuters) - Spot basis bids for corn delivered to U.S. Midwest processors and elevators were mostly steady or higher on Friday after a steep drop in futures prices at the beginning of the week diminished farmer selling interest, traders said.Spot soybean basis bids were mostly unchan...Reuters
Fri, Jan 16
Kyiv has only half of the electricity it needs, mayor says
Kyiv requires 1,700 MW of electricity for its 3.6 million peopleUkraine capital facing worst energy crisis of the warRussian strikes have targeted power infrastructureOvernight temperatures have fallen to -17C this weekMayor says international partners have rushed in generatorsBy Olena Harmash and S...Reuters
Fri, Jan 16
EXCLUSIVE-US explores plan to swap heavy Venezuelan oil for U.S. medium crude to fill emergency reserve, sources say
By Arathy Somasekhar and Jonathan SaulHOUSTON/LONDON, Jan 16 (Reuters) - The U.S. Department of Energy is exploring a plan to exchange heavy Venezuelan oil for U.S. medium, sour crude to fill up the Strategic Petroleum Reserve, two sources said on Friday.The Trump administration is looking to move t...Reuters
Fri, Jan 16
Europe Gasoline/Naphtha-Gasoline refining margins sink on high inventories
LONDON, Jan 16 (Reuters) - Northwest European gasoline refinery profit margins fell by about $1 on Friday, to $6.94 a barrel, as a rise in regional inventories weighed. About 16,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as ExxonMobil and Trafigura sold to BP, MB Ene...Reuters
Fri, Jan 16
LIS Technologies To Invest $1.38 Bln In Oak Ridge
Jan 16 (Reuters) - LIS Technologies:LIS TECHNOLOGIES INC. TO INVEST $1.38 BILLION IN OAK RIDGE, TENNESSEE FOLLOWING ITS ACQUISITION OF $8 MILLION, 206-ACRE DUCT ISLAND, NOW REBRANDED AS “LIST ISLAND”LIS TECHNOLOGIES: WILL CREATE 203 JOBS IN ITS FUTURE FLAGSHIP COMMERCIAL SCALE LASER-BASED URANIUM EN...Reuters
Fri, Jan 16
Urals freight rates to India rise in January on bad weather conditions and higher risks
MOSCOW, Jan 16 (Reuters) - Freight rates for tankers to ship Urals crude from Russia’s western ports to India have risen this month, as bad weather made fewer vessels available, disrupted loading and unloading and the cost of insuring for war risks increased, industry sources told Reuters on Friday....Reuters
Fri, Jan 16
CORRECTED-Kyiv has only half of the electricity it needs, mayor says
KYIV, Jan 16 (Reuters) - Ukraine's capital Kyiv has only about half the electricity that it needs as it faces its most severe wartime energy crisis following waves of Russian attacks on its infrastructure, mayor Vitali Klitschko told Reuters on Friday.Kyiv, one of Eastern Europe's largest ci...Reuters
Fri, Jan 16
