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Rio Tinto and Glencore hold buyout talks to create $207 billion mega-miner
One option is all-share buyout of Glencore by Rio TintoDeal would create world's biggest miner by market value, topping BHPRio Tinto's Australian shares fall as much as 6.4% in biggest intraday fall since 2022Miners have been racing to bulk up in copperBy Clara Denina and Scott Murdoch LO...Reuters
Fri, Jan 9
ConocoPhillips says CEO will attend White House meeting on Friday
Jan 8 (Reuters) - ConocoPhillips COP.N said on Thursday its Chairman and CEO Ryan Lance will attend a White House meeting on Friday and that it was monitoring developments in Venezuela and their "potential implications for global energy supply and stability."U.S. President Donald Trump is sc...Reuters
Fri, Jan 9
WTI faces rejection near 50-day SMA barrier, slides to sub-$58.00 levels
West Texas Intermediate (WTI) US Crude Oil prices attract fresh sellers during the Asian session on Friday and erode a part of the previous day's strong move up from the vicinity of the lowest level since December 19, touched earlier this week.
Fxstreet
Fri, Jan 9
COLUMN-Frenetic 2026 military posturing sets tone for dangerous new era: Peter Apps
LONDON, Jan 9 (Reuters) - As he doubled down on suggestions the Trump administration might look to seize control of Greenland from Denmark in an interview on CNN on Monday, White House deputy chief of staff Stephen Miller made it clear he believed that in any contest of diplomatic will or military m...Reuters
Fri, Jan 9
India's Reliance would consider buying Venezuelan oil if allowed
Reliance may buy Venezuelan oil if allowedVenezuelan oil could help India diversify energy imports Reliance may resume Venezuelan imports if discounts attractiveBy Nidhi Verma NEW DELHI, Jan 8 (Reuters) - India's Reliance Industries Ltd RELI.NS, operator of the world's largest refining co...Reuters
Fri, Jan 9
RPT-US West Coast jet fuel's premium to Asia near its widest in nearly two years
US West Coast jet fuel prices nearly $40 a barrel higher than Asia Supply curtailment in US West Coast is main supportive factor Asian markets are sufficiently suppliedBy Trixie Yap and Shariq Khan Jan 8 (Reuters) - The premium for prompt U.S. West Coast jet fuel to Asia has reached its widest in...Reuters
Fri, Jan 9
Chevron, Vitol, Trafigura vie to control Venezuelan oil exports, sources say
Companies competing to export up to 50 million bbl of oilMarketing of Venezuela's PDVSA own output also part of talks with US governmentTrading companies' capacity to secure tankers and trade cargoes exceeds that of others operating in VenezuelaBy Shariq Khan, Marianna Parraga and Dmitry Zhd...Reuters
Fri, Jan 9
CIF/FOB Gulf Grain-Soybean basis steady to firm on good demand
CHICAGO, Jan 8 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to higher on Thursday on good exporter demand after solid export sales to China this week, while corn basis bids were mostly steady to firm, traders said.A pickup in soybean purchases by Chin...Reuters
Thu, Jan 8
LIVESTOCK-CME cattle rises as flesh-eating screwworm spreads in Mexico
By Tom Polansek CHICAGO, Jan 8 (Reuters) - Chicago Mercantile Exchange cattle futures rose on Thursday on expectations that Washington will continue to limit U.S. imports of livestock from Mexico due to the spread of New World screwworm south of the border, traders said.The U.S. Department of Agr...Reuters
Thu, Jan 8
Tanker that had left Venezuela in flotilla is now anchored off Colombia, Tankertrackers.com says
HOUSTON, Jan 8 (Reuters) - A Cameroon-flagged supertanker under U.S. sanctions that had departed Venezuela last week carrying crude in a flotilla of about a dozen vessels is now anchored off Colombia's northwest coast, monitoring service Tankertrackers.com said on Thursday.It was not immediately...Reuters
Thu, Jan 8
CANADA-CRUDE-Discount on Western Canada Select hits $15 as Venezuela concerns continue
Jan 8 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened again on Thursday for its third straight trading session, as developments in Venezuela continue to rattle crude markets.WCS for February delivery in Hardisty, Alberta, set...Reuters
Thu, Jan 8
US Cash Crude-Gulf Coast grades firm after weakening earlier in the week
HOUSTON, Jan 7 (Reuters) - U.S. Gulf Coast coastal grade Mars firmed on Thursday, after largely weakening this week, as details of White House's plans to sell Venezuelan oil continued to emerge. Mars, which competes with Venezuelan crude, firmed 50 cents to a $1.50 discount, firming from the ove...Reuters
Thu, Jan 8
Panama says it canceled flag of US-seized oil tanker a year ago
PANAMA CITY, Jan 8 (Reuters) - Panama's maritime authority on Thursday said it had canceled in January of last year the flag of the M Sophia, a Venezuela-linked oil tanker seized by the U.S. military this week.The U.S. military's Southern Command on Wednesday said it had intercepted the M So...Reuters
Thu, Jan 8
Russian strikes plunge Ukraine's industrial southeast into blackouts
Drone strikes cause widespread outages for residents and industryZelenskiy says attacks meant to 'break' Ukraine President, U.S. embassy warn of possible new Russian strikeUkraine facing cold snap as Russia steps up strikesBy Dan Peleschuk KYIV, Jan 8 (Reuters) - Ukrainian officials raced...Reuters
Thu, Jan 8
GRAINS-Wheat futures backpedal as US rains ease weather worries
By Tom Polansek CHICAGO, Jan 8 (Reuters) - U.S. wheat futures backpedaled from their highest levels in nearly two weeks on Thursday as rains eased concerns over dry weather in U.S. growing areas, analysts said.Corn futures set their highest level in more than a week before finishing slightly ...Reuters
Thu, Jan 8
EXCLUSIVE-Trump, Congress move to undo Biden-era ban on mining in northern Minnesota
By Ernest Scheyder Jan 8 (Reuters) - The Trump administration and U.S. Congress are launching a plan this week to overturn former President Joe Biden's mining ban in northern Minnesota and prevent future administrations from taking similar steps, according to officials and documents reviewed ...Reuters
Thu, Jan 8
Tilray Q2 revenue rises, helped by international medical cannabis sales growth
OverviewThe cannabis maker's Q2 revenue rose 3% to $217.5 mlnAdjusted net loss for Q2 improved slightly compared to last yearCompany holds $292 mln in cash and marketable securitiesOutlookTilray expects U.S. federal cannabis rescheduling to unlock new market opportunitiesCompany plans to leverag...Reuters
Thu, Jan 8
Somalia, US relations hit low point as Washington pauses aid to government
US says food aid was 'illegally seized'WFP spokesperson says nutritional commodities were retrievedState Department says resumption of assistance dependent on accountabilityBy Daphne Psaledakis and Ammu KannampillyWASHINGTON/NAIROBI, Jan 8 (Reuters) - Relations between Somalia and the U.S. h...Reuters
Thu, Jan 8
