News
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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
Asia Naphtha/Gasoline-Naphtha crack rises; MRPL offers prompt gasoline
NEW DELHI, Jan 7 (Reuters) - Asia's naphtha refining profit margin rose on Wednesday amid upbeat activity at the window and the backwardation structure between second-half February and second-half March prices widened by 50 cents to $3.25 per ton.The crack climbed to $83.20 per ton over Brent cr...Reuters
Wed, Jan 7
VEGOILS-Palm oil futures rise on gains in rival oils, ringgit weakness
JAKARTA, Jan 7 (Reuters) - Malaysian palm oil futures surged on Wednesday, underpinned by strength in rival edible oils in the Dalian and Chicago markets and a weaker ringgit.The benchmark palm oil contract FCPOc3 for March delivery on the Bursa Malaysia Derivatives Exchange was up 45 ringgit, or 1....Reuters
Wed, Jan 7
Ukraine, US to discuss territory, nuclear plant in Paris, Zelenskiy says
KYIV, Jan 7 (Reuters) - Ukrainian President Volodymyr Zelenskiy said on Wednesday that he expected the Russian-occupied Zaporizhzhia nuclear power plant and territorial issues to be discussed by his team and U.S. negotiators in their talks now being held in Paris.Zelenskiy said on X that possible fo...Reuters
Wed, Jan 7
Fire put out at oil depot in Russia's Belgorod after Ukrainian drone attack, state TV says
MOSCOW, Jan 7 (Reuters) - Firefighters have put out a blaze that broke out at an oil depot in Russia's southern Belgorod region following an overnight Ukrainian drone attack, the Vesti state TV channel reported on Wednesday, citing the regional governor.Ukraine earlier said it had hit an oil...Reuters
Wed, Jan 7
Middle East Crude-Oman and Dubai discounts narrow
SINGAPORE, Jan 7 (Reuters) - Middle East crude benchmark spot discounts of Oman and Dubai narrowed on Wednesday, gaining after a five-day streak of losses, although trading activity was light. Spot premium of Murban gained for a second session on Wednesday. Ample supplies and some unsold February oi...Reuters
Wed, Jan 7
Fire put out at oil depot in Russia's Belgorod after Ukrainian drone attack, state TV says
MOSCOW, Jan 7 (Reuters) - A fire that broke out at an oil depot in Russia's southern Belgorod region following an overnight Ukrainian drone attack has been extinguished, the Vesti state television channel reported on Wednesday, citing the regional Russian governor.Ukraine earlier said it had hit...Reuters
Wed, Jan 7
WTI Oil prices struggle to break above $56.50 amid oversupply concerns
The price of the US benchmark WTI Oil remains pinned near the three-week lows, sub-$56.00 hit earlier on Wednesday, as an unexpected US deal to import Crude from Venezuela has increased market concerns of an Oil glut.US President Donald Trump announced on Tuesday that the US will import 30 to 50 mil
Fxstreet
Wed, Jan 7
Silver Price Forecast: XAG/USD falls below $79.50 due to profit-taking
Silver price (XAG/USD) depreciates by 1.75% after three days of gains, trading around $79.30 per troy ounce during the European hours on Wednesday. The price of the grey metal declines as investors lock in profits following its rally toward record highs.Fxstreet
Wed, Jan 7
TABLE-UAE's Fujairah oil inventory data for week ended January 5
By Ruth ChaiJan 7 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended January 5, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume...Reuters
Wed, Jan 7
ROI-Rebuilding Ukraine could be top European investment theme of 2026: Klement
By Joachim Klement LONDON, Jan 7 (Reuters) - The eyes of the world have been glued to the twists and turns of the ongoing talks to end the conflict between Russia and Ukraine, but the real story for investors is what comes after. If U.S. President Donald Trump is successful in pushing through a ...Reuters
Wed, Jan 7
TABLE-North Sea gas maintenance schedule: Adds Barrow (North Terminal) outage
Jan 7 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Wed, Jan 7
