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Euronext wheat pauses as attention turns to USDA data
PARIS, Jan 9 (Reuters) - Euronext wheat was little changed on Friday after touching a six-week high a day earlier, with the market looking ahead to widely tracked U.S. crop estimates on Monday, traders said.March milling wheat BL2H6, the most-active position on Euronext's Paris-based futures, wa...Reuters
Fri, Jan 9
Med crude-Differentials end week stable
LONDON, Jan 9 (Reuters) - Urals and Caspian crude oil differentials ended the week steady, as price discussions were muted by public holidays in Russia and neighbouring countries throughout the week, as well as ongoing maintenance at the CPC terminal.Traders will be looking closely for developments ...Reuters
Fri, Jan 9
How Trump's tariffs ricochet through a Southern California business park
Tariffs impact businesses in Rye Canyon differentlySupreme Court may rule on Trump's emergency tariffs soonSome businesses adapt, others struggle with tariff costsBy Timothy AeppelVALENCIA, California, Jan 9 (Reuters) - America's trade wars forced Robert Luna to hike prices on the rustic woo...Reuters
Fri, Jan 9
Europe Gasoline/Naphtha-Gasoline refining margins slide
LONDON, Jan 9 (Reuters) - Northwest European gasoline refinery profit margins fell by $1.71 on the day to $8.31 a barrel on Friday as underlying crude prices rose sharply.About 14,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as Equinor, Gunvor and ExxonMobil sold to BP...Reuters
Fri, Jan 9
White House oil meeting on Venezuela includes independents, and strong links to Denver
By Sheila Dang and Liz Hampton HOUSTON/DENVER, Jan 9 (Reuters) - The White House is summoning oil executives to discuss potential investment in Venezuela on Friday, and while a preliminary list of attendees features the big names of American oil - Chevron CVX.N, Exxon Mobil XOM.N and ConocoPhilli...Reuters
Fri, Jan 9
W.Africa Crude - Ample supply weighs on market
LONDON, Jan 9 (Reuters) - The West African crude market was heard to be in ample supply on Friday, with at least 40 cargoes looking for buyers, traders said. Around 10 Angolan cargoes, 2 cargoes of Congolese Djeno and about 30 Nigerian cargoes are looking for buyers, a trader said.Earlier in the...Reuters
Fri, Jan 9
Russian drone strikes hit two foreign vessels in Odesa region, Kyiv says
KYIV, Jan 9 (Reuters) - Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export arteries over the last two mont...Reuters
Fri, Jan 9
India's Reliance in talks for US permit to buy Venezuelan oil, sources say
Reliance imported 63,000 bpd from Venezuela under US licenses in first four months of 2025Indian refiner open to buying Venezuelan crude if sales to non-US buyers are permittedReliance's Gujarat refineries can process heavy Venezuelan crudeBy Nidhi Verma and Marianna Parraga NEW DELHI/HOUSTON...Reuters
Fri, Jan 9
ROI-Nickel gluts to zinc deficits: LME shadow stocks tell the story: Andy Home
By Andy Home LONDON, Jan 9 (Reuters) - Nickel's turbo-charged rally was snuffed out on Wednesday by a super-sized delivery of the battery metal on the London Metal Exchange (LME).The warranting of 20,760 metric tons was the largest single-day inflow of nickel since December 2019. By the end o...Reuters
Fri, Jan 9
US natural gas futures hit 11-week low as mild weather curbs demand
Mild weather forecasts reduce heating demand expectationsMarch-April spread shows traders not worried about gas storageWaha Hub prices remain negative due to pipeline constraintsBy Scott DiSavino NEW YORK, Jan 9 (Reuters) - U.S. natural gas futures slid about 2% to an 11-week low on Friday on for...Reuters
Fri, Jan 9
China’s net Gold imports from Hong Kong double in November – Commerzbank
China’s net Gold imports from Hong Kong rose to 16.2 tons in November, doubling October’s weak level, but overall imports remained low compared to previous months, reflecting muted demand, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Jan 9
Serbia's Russian-owned NIS refiner buys first crude since US sanctions waiver
NIS facing US sanctions over Russian ownershipWashington granted waiver through January 23Frozen crude imports had created concerns over fuel supplies BELGRADE, Jan 9 (Reuters) - NIS NIIS.BEL, Serbia's Russian-owned oil company, said on Friday that it had imported the first shipments of crude...Reuters
Fri, Jan 9
FACTBOX-How Glencore and Rio Tinto's core assets stack up as deal talks swirl
Jan 9 (Reuters) - Rio Tinto RIO.L is in early talks to acquire Glencore GLEN.L, the companies said, in what could be the biggest mining deal ever, creating a combined group worth nearly $207 billion. Below are details of their key operations: Both the miners are focusing more on copper, dri...Reuters
Fri, Jan 9
CBOT Trends-Wheat, corn steady-down 1 cent, soybeans up 4-5
CHICAGO, Jan 9 (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 Friday: WHEAT - Steady to down 1 cent per bushelWheat futures eased after reaching their highest in over a week on Thursday,...Reuters
Fri, Jan 9
US may use Export-Import bank for Venezuela oil projects, energy chief says
WASHINGTON, Jan 9 (Reuters) - There is "a real possibility" that the U.S. could use its Export-Import Bank to help fund large oil projects in Venezuela, Energy Secretary Chris Wright said ahead of President Donald Trump's meeting with industry executives later on Friday.In an interview o...Reuters
Fri, Jan 9
PRESS DIGEST-Canada - January 9
Jan 9 (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 MAIL- Glencore GLEN.L is in talks with Rio Tinto RIO.AX, RIO.L about a takeover that would create the world's largest ...Reuters
Fri, Jan 9
WTI Price Forecast: Short-term momentum improves above 21-day SMA
West Texas Intermediate (WTI) trades with a negative bias on Friday after posting solid gains the previous day, as traders continue to assess the implications of increased US oversight of Venezuelan Oil following recent military action in Caracas.
Fxstreet
Fri, Jan 9
Venezuelan Oil output drops under US sanctions – Commerzbank
US sanctions and blockades contributed to a decline in Venezuelan Oil production to 830,000 barrels per day in December, about 130,000 barrels lower than November, while overall OPEC production remained stable at around 29 million barrels per day, Commerzbank's commodity analyst Barbara Lambrecht noFxstreet
Fri, Jan 9
Jewellery maker Pandora hit by weak US holiday shopping
Pandora cuts 2025 sales growth forecast to 6% from 7-8%Pandora shares down 10% to lowest level since June 2023US consumer sentiment lowest in many years, new CEO saysPandora plans new designs, marketing to lure shoppers By Anna Ringstrom and Helen Reid STOCKHOLM, Jan 9 (Reuters) - Pandora PNDORA....Reuters
Fri, Jan 9
