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Oil sales from Venezuela will continue indefinitely, sanctions will be reduced, CNBC reports
Jan 7 (Reuters) - Oil sales from Venezuela will continue indefinitely and sanctions will be reduced, CNBC reported on Wednesday.The United States will acquire more than 50 million barrels of oil from Venezuela, CNBC said. Reuters could not independently verify the report.Reuters
Wed, Jan 7
RPT-ROI-US tariff pull on copper drains China's bonded warehouses: Andy Home
By Andy Home LONDON, Jan 7 (Reuters) - China's exports of refined copper surged to record levels last year as the world's top buyer found itself in unusual competition with the U.S. for spare metal. The CME's U.S. copper contract HGc1 continues to command a sizeable premium over the i...Reuters
Wed, Jan 7
EXCLUSIVE-US seizing Venezuela-linked, Russian-flagged oil tanker after weeks-long pursuit
By Idrees Ali and Phil Stewart WASHINGTON, Jan 7 (Reuters) - The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian submarine and warship were close by, two U.S. officials told Reut...Reuters
Wed, Jan 7
Russian broadcaster says US forces look like they are trying to board Venezuela-linked oil tanker from helicopter
MOSCOW, Jan 7 (Reuters) - Russian state broadcaster RT said on Wednesday it looked like U.S. forces were trying to board Venezuela-linked oil tanker "Marinera" from a helicopter and published an image of a helicopter hovering near the ship. Reuters could not immediately verify the RT report....Reuters
Wed, Jan 7
OPEC Secretariat receives updated compensation plans from Iraq, the United Arab Emirates, Kazakhstan, and Oman
Jan 7 (Reuters) - The Secretariat for the Organization of the Petroleum Exporting Countries on Wednesday said it had received updated compensation plans from Iraq, the United Arab Emirates, Kazakhstan and Oman.Reuters
Wed, Jan 7
GRAINS-Chicago grains gain with Chinese demand and weather in focus
BEIJING/PARIS, Jan 7 (Reuters) - Chicago grain and soybean futures edged higher Wednesday, recovering from profit-taking in the previous session with support from Chinese purchases of U.S. soybeans and dry conditions affecting U.S. wheat crops.Traders were also monitoring investor flows linked to an...Reuters
Wed, Jan 7
EXCLUSIVE-US seizing Venezuela-linked oil tanker after weeks-long pursuit
By Idrees Ali and Phil StewartWASHINGTON, Jan 7 (Reuters) - The United States is attempting to seize a Venezuela-linked oil tanker after a more than two-week-long pursuit across the Atlantic, two U.S. officials told Reuters on Wednesday. The seizure, which could stoke tensions with Russia, came afte...Reuters
Wed, Jan 7
EXCLUSIVE-US Coast Guard intercepts Venezuela-linked tanker in Latin American waters
WASHINGTON, Jan 7 (Reuters) - The U.S. Coast Guard has intercepted a Venezuela-linked tanker in Latin American waters, three U.S. officials said on Wednesday, as the U.S. continues enforcing a maritime "blockade" of sanctioned vessels from Venezuela.The interception was the second in recent ...Reuters
Wed, Jan 7
Greece offers farmers cheaper fuel, damage cover in bid to end blockades
ATHENS, Jan 7 (Reuters) - Greece promised farmers cheaper fuel and full compensation for future output losses on Wednesday in a last-ditch effort to persuade them to end demonstrations that have disrupted travel and hit some businesses.Farmers have stationed thousands of tractors and trucks across G...Reuters
Wed, Jan 7
EXCLUSIVE-US seizing Venezuela-linked oil tanker after weeks-long pursuit
WASHINGTON, Jan 7 (Reuters) - The United States is attempting to seize a Venezuela-linked oil tanker after a more than two-week-long pursuit across the Atlantic, a U.S. official told Reuters on Wednesday. The seizure, which could stoke tensions with Russia, came after the tanker, originally known as...Reuters
Wed, Jan 7
India expects strong economic growth despite US tariff hit
India's GDP growth expected to surpass initial forecasts, driven by government spendingModi's reforms counter U.S. tariffs, boost economic resiliencePrivate consumption and investment to show strong year-on-year growth, stats office saysBy Shivangi Acharya and Nikunj Ohri NEW DELHI, Jan ...Reuters
Wed, Jan 7
RPT-BREAKINGVIEWS-China's power edge brings mixed AI blessings
By Robyn Mak HONG KONG, Jan 7 (Reuters Breakingviews) - From afar, China's artificial intelligence progress looks unstoppable. Up against Washington's chip curbs, the country boasts world-class models and a plethora of apps and chatbots. Moreover, the underlying infrastructure - data cent...Reuters
Wed, Jan 7
RUB: Russian Oil exports plunge, revenue falls sharply – Commerzbank
Russian Oil exports are declining sharply, impacting the nation’s export and budget revenues. In the four weeks to 4 January 2026, Russia shipped 3.43 million barrels a day, a decrease by c.440,000 barrels from the period ending 21 December 2025.
Fxstreet
Wed, Jan 7
Glass products maker Apogee Enterprises' Q3 sales miss estimates
OverviewArchitectural products provider's fiscal Q3 net sales rose 2.1%, missing analyst expectationsAdjusted EPS for fiscal Q3 met analyst expectationsCompany's sales growth driven by UW Solutions acquisition and favorable product mixAppoints Mark Augdahl as interim CFOOutlookApogee expects...Reuters
Wed, Jan 7
Russia sends submarine to escort tanker the US tried to seize off Venezuela, WSJ reports
Jan 6 (Reuters) - Russia has deployed a submarine and other naval vessels to escort an empty, ageing oil tanker that has been trying to evade the U.S. blockade near Venezuela, the Wall Street Journal reported on Tuesday, citing a U.S. official.The tanker, formerly known as Bella 1, has been evading ...Reuters
Wed, Jan 7
Brazil surpassing US as top beef producer, easing global supply squeeze
Brazil produced more beef in 2025 than analysts expectedBeat U.S. production for first timeIncreasing productivity boosting beef yieldsBy Ana Mano and Peter Hobson BARRETOS, Brazil, Jan 7 (Reuters) - Brazil surpassed the U.S. as the world's top beef producer last year, according to market est...Reuters
Wed, Jan 7
Norway's Equinor does not plan return to Venezuela, CEO says
OSLO, Jan 7 (Reuters) - Equinor EQNR.OL does not plan a return to Venezuela, after leaving the country in the early part of this decade, the Norwegian oil and gas company's CEO told Reuters on Wednesday."At the moment, that's not on the table," Anders Opedal said on the sidelines of ...Reuters
Wed, Jan 7
Chinese refiners expected to replace Venezuelan oil with Iranian crude, traders say
Deal to ship Venezuela oil to US set to redirect oil flowsVenezuelan oil used by China refiners, near-term demand coveredChinese independents likely to tap other sanctioned oilOffers for Venezuelan Merey crude from Chinese buyers rise this weekBy Siyi Liu and Florence Tan SINGAPORE, Jan 7 (Reuter...Reuters
Wed, Jan 7
