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US gasoline stockpile at Gulf Coast refining hub hit near six-year high, EIA says
NEW YORK, Jan 14 (Reuters) - Gasoline inventories in the U.S. Gulf Coast refining hub rose about 1.5 million barrels last week to 94.8 million barrels, the highest since January 2020, data from the Energy Information Administration showed on Wednesday.Total U.S. gasoline stocks rose by nearly 9 mill...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 in...Reuters
Wed, Jan 14
EIA sees Henry Hub natgas prices dipping in 2026 before climbing in 2027
Jan 14 (Reuters) - The Energy Information Administration (EIA) projects that the U.S. benchmark natural gas spot price at Henry Hub will decline by about 2% to just under $3.50 per million British thermal units (mmBtu) this year, before gaining in 2027 to nearly $4.60 per mmBtu.The EIA attributed th...Reuters
Wed, Jan 14
US natural gas futures drop 7% on lower 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 DiSavinoNEW YORK, Jan 14 (Reuters) - U.S. natural gas futures fell about 7% on Wednesday on a drop in preliminary gas fl...Reuters
Wed, Jan 14
China's 2025 Canadian import slump to remind visiting Carney of economic stakes
China's 2025 imports from Canada -10.4% y/y to $41.7 bln, Chinese data showsImports down from record $46.6 billion in 2024Canadian PM Carney arrives in China on Wednesday for high-stakes talksCanada and China have productive talks on canola tariffs, no solution yet, says foreign ministerBy Ryan ...Reuters
Wed, Jan 14
2025 among world's three hottest years on record, WMO says
Last three years were three warmest on record, WMO confirmsAverage temperature has exceeded 1.5 C for longest period on record Paris accord temperature goal could be breached this decadeBy Kate Abnett BRUSSELS, Jan 14 (Reuters) - Last year was among the planet's three warmest on record, the W...Reuters
Wed, Jan 14
Chile's Codelco achieves certification for silver bullion production
SANTIAGO, Jan 14 (Reuters) - Chilean state-run miner Codelco, the world's largest copper producer, said on Wednesday that a partnership with Korea's LS-MnM earned a quality certification for silver bullion production.Codelco's silver bars are the first in the South American country to be...Reuters
Wed, Jan 14
ROI-Resurgent London Metal Exchange rides speculative tsunami: Andy Home
By Andy Home LONDON, Jan 14 (Reuters) - The London Metal Exchange (LME) posted record trading volumes last year, a remarkable recovery from the dark days of the nickel crisis four years ago, when the venerable 149-year-old institution was teetering on the brink of collapse. The London market, own...Reuters
Wed, Jan 14
Carney in Beijing to reset 'complex' Canada-China ties, says minister
BEIJING, Jan 14 (Reuters) - Canadian Prime Minister Mark Carney is visiting Beijing to reset what is a complex bilateral relationship, Foreign Minister Anita Anand told reporters on Wednesday at the start of the trip.Anand said talks about Chinese restrictions on Canadian canola exports had been pro...Reuters
Wed, Jan 14
CBOT Trends-Wheat up 2-4 cents, corn up 3-5 cents, soy up 9-11 cents
CHICAGO, Jan 14 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday: WHEAT - Up 2 to 4 cents per bushelCBOT grains rebounded after falling for the previous two sessions under pressu...Reuters
Wed, Jan 14
EXCLUSIVE-Brazil billionaire Batista met with Venezuela's Rodriguez, U.S. officials
SAO PAULO, Jan 14 (Reuters) - Brazilian billionaire Joesley Batista met with Venezuela's interim President Delcy Rodriguez on Friday and met with U.S. officials before and after, reassuring them that she seems ready to open her nation's oil and gas industry to investment, a person familiar w...Reuters
Wed, Jan 14
PRESS DIGEST-Canada - January 14
Jan 14 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILCanadian government officials have told the canola industry that it should not expect Prime Minister Mark Carney'...Reuters
Wed, Jan 14
Eastern International Ltd. Completed Two Major Offshore Wind Power Projects And Secured An Additional Large-Scale Offshore Transportation Contract For Yangjiang Project
Jan 14 (Reuters) - Eastern International Ltd ELOG.O:EASTERN INTERNATIONAL LTD. COMPLETED TWO MAJOR OFFSHORE WIND POWER PROJECTS AND SECURED AN ADDITIONAL LARGE-SCALE OFFSHORE TRANSPORTATION CONTRACT FOR YANGJIANG PROJECTReuters
Wed, Jan 14
Captain tried to change course before fatal tanker crash, UK jury told
Vladimir Motin charged with gross negligence manslaughter of crew memberProsecutors say Russian captain did 'absolutely nothing' to prevent collision off Britain's east coastMotin has pleaded not guilty over March 2025 incident LONDON, Jan 14 (Reuters) - The captain of a container shi...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
In first look at 2027, OPEC forecasts ongoing oil demand growth
LONDON, Jan 14 (Reuters) - OPEC in a report on Wednesday forecast world oil demand in 2027 would rise at a similar rate to this year and data in the study indicated a close balance between supply and demand in 2026, a copy of the report seen by Reuters showed.OPEC said in the report that demand woul...Reuters
Wed, Jan 14
