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GRAINS-Wheat futures near two-week highs on US weather risks
By Tom Polansek CHICAGO, Jan 8 (Reuters) - Chicago Board of Trade wheat futures approached a two-week high on Thursday due to concerns over dry weather in U.S. growing areas and Russian attacks on infrastructure in exporter Ukraine, analysts said.Corn futures also edged up, while soybeans slipped...Reuters
Thu, Jan 8
Mexico's active screwworm cases down 57% since mid-December, ministry says
MEXICO CITY, Jan 8 (Reuters) - Mexico's active cases of New World screwworm, a flesh-eating parasite that has kept the U.S.-Mexico border closed to Mexican livestock, have fallen 57% since mid-December, the country's agriculture ministry said on Thursday.Active cases dropped to 492 as of Jan...Reuters
Thu, Jan 8
EU wheat holds steady on weather and Ukraine war risks
PARIS/HAMBURG, Jan 8 (Reuters) - Euronext wheat futures ended flat on Thursday after hitting a new six-week high, as traders weighed weather and Ukraine war risks to supply against abundant short-term availability of wheat.Participants were also assessing annual changes in commodity index fund posit...Reuters
Thu, Jan 8
Europe Gasoline/Naphtha-Gasoline refining margins climb
LONDON, Jan 8 (Reuters) - Northwest European gasoline refinery profit margins rose by 46 cents on the day to $10.02 a barrel on Thursday as regional inventories were stable. About 12,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as Equinor, Glencore and ExxonMobi...Reuters
Thu, Jan 8
Med crude-Azeri BTC loadings to drop in February
LONDON, Jan 8 (Reuters) - Urals and Caspian crude oil differentials were stable on Thursday, as traders digested a loading programme for Azeri BTC crude in February.Azeri BTC crude oil exports from the Turkish port of Ceyhan have been set at around 519,000 barrels per day in February, down by around...Reuters
Thu, Jan 8
US Cash Grains-Corn basis mixed; soy little changed in muted trade
CHICAGO, Jan 8 (Reuters) - Spot basis bids for corn were mixed and soy bids were flat in the U.S. Midwest on Thursday as farmers did little selling and dealers assessed broader market trends. Market players are waiting for the U.S. Department of Agriculture to issue key data on global supplies and d...Reuters
Thu, Jan 8
PRECIOUS-Gold steady as markets eye US jobs data, index adjustments weigh
Bloomberg Commodity Index rebalancing starts this weekUS weekly jobless claims increase marginallyUS nonfarm payrolls data due on FridayHSBC sees gold at $5,000/oz in first half 2026By Anmol Choubey Jan 8 (Reuters) - Gold held steady on Thursday as investors awaited U.S. nonfarm payrolls data for...Reuters
Thu, Jan 8
W.Africa Crude - More Angolan cargoes clear, Forcados offered slightly higher
LONDON, Jan 8 (Reuters) - The West African crude market saw more Angolan cargoes finding buyers on Thursday, although rising freight rates could weigh on cargo values. Around 10 Angolan cargoes were left for February, a trader said.On Tuesday, only half of the 29 crude oil cargoes for February ...Reuters
Thu, Jan 8
EXCLUSIVE-Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports, four sources say
By Arathy Somasekhar, Dmitry Zhdannikov and Shariq Khan HOUSTON, Jan 8 (Reuters) - Vitol, one of the world's largest commodity traders, has received a preliminary special license from the U.S. government to begin negotiations to import and export oil from Venezuela for 18 months, four sources...Reuters
Thu, Jan 8
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
Thu, Jan 8
Saudi coalition says separatist leader fled Yemen with UAE help, advances to Aden
Zubaidi flees Yemen after tensions between Saudis and UAESeparatist leader reached out to UAE, Saudi coalition saysWhereabouts unconfirmed after flight by boat and planeSaudi-backed forces regaining ground at AdenBy Reyam Mokhasef, Ahmed Elimam and Jana Choukeir ADEN, Jan 8 (Reuters) - The Saudi-...Reuters
Thu, Jan 8
ARA fuel stocks rise 1%, Insights Global data shows
LONDON, Jan 8 (Reuters) - Total oil product stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose by nearly 1% on the week, data from Dutch consultancy Insights Global showed on Thursday.Total stocks stood at 5.89 million metric tons, the data showed. Gasol...Reuters
Thu, Jan 8
US exit of key UN climate treaty criticized as self-sabotage
By Valerie Volcovici WASHINGTON, Jan 8 (Reuters) - The United States' decision to withdraw from the United Nations' key climate treaty is a "colossal own goal" that will harm the U.S. economy, jobs and living standards, United Nations climate chief Simon Stiell said on Thursday.&#...Reuters
Thu, Jan 8
EXCLUSIVE-The Trump Administration killed a draft proposal to halve alcohol limits, sources say
Alcohol advice was updated in the 2025-2030 Dietary Guidelines for AmericansHealth officials wanted to halve recommended drinking limits for men to one drink per dayTrump Administration instead removed serving guidance altogetherReversal followed firings, multi-year industry lobbying campaignBy Emma...Reuters
Thu, Jan 8
US CPC sees 75% chance of La Nina transition by early 2026
Jan 8 (Reuters) - La Nina continues to persist, with a 75% chance of a transition to ENSO-neutral conditions likely between January and March, the U.S. Climate Prediction Center (CPC) said on Thursday."Atmospheric anomalies across the tropical Pacific Ocean remained consistent with La Niña. For ...Reuters
Thu, Jan 8
Shell flags chemicals and products unit loss, raising doubts over $3.5 billion buyback
Shell says oil trading results 'significantly' below Q3Oil, gas, LNG production forecasts remain within guidanceAnalysts cut earnings estimates, raise prospect of reduced share buybacksBy Shadia Nasralla and Stephanie KellyLONDON, Jan 8 (Reuters) - Shell SHEL.L expects a loss in its chemical...Reuters
Thu, Jan 8
PRECIOUS-Gold falls as commodity index adjustments weigh ahead of US jobs report
Bloomberg Commodity Index rebalancing starts this weekUS weekly jobless claims increase marginallyUS nonfarm payrolls data due on FridayHSBC sees gold at $5,000/oz in first half 2026By Anmol Choubey Jan 8 (Reuters) - Gold slipped on Thursday as commodity index readjustments kept pressure on price...Reuters
Thu, Jan 8
Gold reserves in London vaults rise 2.24% m/m in December, LBMA says
Jan 8 (Reuters) - Gold held in London vaults totalled 9,106 tons at the end of December, a 2.24% increase from November, the London Bullion Market Association (LBMA) said on Thursday.The amount of silver held was at 27,818 tons, up 2.3% from November, LBMA added.Reuters
Thu, Jan 8
