News
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Saudi Aramco and Commonwealth LNG sign long-term supply deal
Deal includes option to double supply to 2 mtpaAramco aims to expand LNG presence in U.S. marketCommonwealth LNG targets 8 mtpa sales before constructionBy Marwa Rashad and Curtis WilliamsLONDON/HOUSTON, Jan 14 (Reuters) - Saudi Aramco 2223.SE and Commonwealth LNG have signed a long-term contract fo...Reuters
Wed, Jan 14
ICE Decreases FCOJ Futures Daily Price Limit To 10 Cents Per Pound
Jan 14 (Reuters) - ICE FUTURES US: EFFECTIVE WITH THE START OF TRADING FOR JANUARY 15, 2026, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL DECREASE TO 10 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE FOR THE RESPECTIVE DELIVERY MONTHReuters
Wed, Jan 14
US natural gas futures dive 9% to 12-week low on decline in LNG export flows
Daily LNG export flows fall to preliminary two-month lowColder weather forecast boosts heating demand next weekWaha Hub prices below zero again due to pipeline constraintsBy Scott DiSavino NEW YORK, Jan 14 (Reuters) - U.S. natural gas futures slid about 9% to a 12-week low on Wednesday on...Reuters
Wed, Jan 14
US Plains HRW Wheat-Basis bids unchanged, dry weather persists
CHICAGO, Jan 14 (Reuters) - Basis bids for hard red winter (HRW) wheat were mostly unchanged at grain elevators in the southern U.S. Plains on Wednesday, dealers said. Weather conditions were expected to remain dry in the Plains wheat belt in February and March, according to a forecast from Vaisala....Reuters
Wed, Jan 14
EXCLUSIVE-Chevron expected to receive expanded Venezuela license from US this week, oil industry sources say
HOUSTON, Jan 14 (Reuters) - Chevron CVX.N is expected to receive an expanded Venezuela license from the U.S. this week that could allow for increased production from the South American country, oil industry sources told Reuters.A Chevron spokesperson said the company operates in compliance with all ...Reuters
Wed, Jan 14
US Cash Grains-Corn, soy basis bids flat to higher as farmers delay sales
CHICAGO, Jan 14 (Reuters) - Spot basis bids for U.S. corn and soybeans were flat to higher at grain elevators and processors in the U.S. Midwest on Wednesday as farmers delayed making sales, traders said.Farmers stepped back from selling crops as prices have weakened since the U.S. department of Agr...Reuters
Wed, Jan 14
Verizon's network down for thousands of users in US, Downdetector shows
Jan 14 (Reuters) - Verizon Communications' VZ.N network was down for thousands of users in the U.S. on Wednesday, according to outage tracking website Downdetector.com.There were more than 170,000 incidents of people reporting issues with the telecom operator's services, according to Downdet...Reuters
Wed, Jan 14
Chile's Codelco submits $1.3 billion plan to prolong Radomiro Tomic mine life to 2058
SANTIAGO, Jan 14 - Chile's state-run miner Codelco, the world's largest copper producer, on Tuesday submited a $1.3 billion continuity project to Chile's environmental authority to request an extension of its leaching operations at its Radomiro Tomic mine until 2058.• The proposal aims t...Reuters
Wed, Jan 14
Europe Gasoline/Naphtha-Gasoline refining margins dip
LONDON, Jan 14 (Reuters) - Northwest European gasoline refinery profit margins dipped by $1.82 on Wednesday to $7.42 a barrel on rising stockpiles. About 16,450 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as Gunvor, ExxonMobil and Trafigura sold to BP, Varo and MB Energy....Reuters
Wed, Jan 14
eBay unveils first climate plan, targets net-zero by 2045
By Sharon Kimathi LONDON, Jan 14 (Reuters) - E-commerce company eBay EBAY.O unveiled its first climate transition plan on Wednesday and said it would ramp up efforts to decarbonize its operations and supply chain as part of a plan to reach net-zero emissions by 2045.The plan, which has been valid...Reuters
Wed, Jan 14
METALS-Copper hits record high despite concern about physical demand
By Eric Onstad LONDON, Jan 14 (Reuters) - Copper prices scaled new heights on Wednesday, helped by persistent demand from speculative funds, though some investors were wary that the high prices could deter buying by industrial users. Benchmark three-month copper CMCU3 on the London Metal Ex...Reuters
Wed, Jan 14
Dozens of ships anchor outside Iran's ports as US tensions rise
By Jonathan Saul LONDON, Jan 13 (Reuters) - Dozens of commercial ships have dropped anchor at a distance outside Iran's port limits in recent days, according to data and shipping sources, as tensions with the United States grow.Such movements were precautionary given the tensions amid ongoing...Reuters
Wed, Jan 14
EXCLUSIVE-Brazil billionaire Batista shuttles between DC and Caracas, eyeing oil deals
By Luciana Magalhaes SAO PAULO, Jan 14 (Reuters) - Brazilian billionaire Joesley Batista met with Venezuela's interim President Delcy Rodriguez on Friday, before and after he met in Washington with U.S. officials, whom he reassured that she seems ready to open her nation's oil and gas ind...Reuters
Wed, Jan 14
Italian government poised to back new mandate for Eni CEO, sources say
MILAN, Jan 14 (Reuters) - Italy's Prime Minister Giorgia Meloni is poised to back Eni CEO Claudio Descalzi for a new three-year term at the energy group, three sources close to the matter said, paving the way for the top executive to extend his reign as the company's longest-serving head.Des...Reuters
Wed, Jan 14
Euronext wheat slips under pressure from export competition
PARIS, Jan 14 (Reuters) - Euronext wheat futures fell on Wednesday as a firmer euro and a reduced forecast for French shipments underscored stiff export competition, traders said. March milling wheat BL2H6, the most active position on Euronext's Paris-based futures, lost 0.7% to 189 euros ($220....Reuters
Wed, Jan 14
Environmental law group seeks probe of Meta's $27 billion Louisiana data center financing
By Laila KearneyNEW YORK, Jan 14 (Reuters) - U.S. environmental law group Earthjustice asked utility regulators in Louisiana on Wednesday to investigate the financing of a $27 billion Meta data center project, which Earthjustice says threatens to leave everyday homes and businesses on the hook for b...Reuters
Wed, Jan 14
Russia denounces attacks on oil tankers in Black Sea, accuses Ukraine
MOSCOW, Jan 14 (Reuters) - The Russian Foreign Ministry on Wednesday condemned drone strikes on oil tankers near a terminal on its Black Sea coast and accused Ukraine of attacking commercial ships."We strongly condemn yet another terrorist attack by the Kyiv regime on commercial civilian vessels...Reuters
Wed, Jan 14
Diplomats sought guarantees from Hezbollah that it will hold fire if Iran is attacked, source says
BEIRUT, Jan 14 (Reuters) - Diplomats have sought guarantees from Lebanese armed group Hezbollah that it would not take military action if the United States or Israel carried out on an attack on Iran, a Lebanese source familiar with the group's thinking told Reuters on Wednesday.The source said t...Reuters
Wed, Jan 14
