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Caracas, Washington in talks to export Venezuelan oil to US, sources say
Deal would redirect Venezuelan oil exports to US from ChinaExports would stem further cuts to Venezuelan outputChevron only US firm currently authorized to export Venezuelan oilTalks focus on possible sale terms, US licenses for PDVSA partnersUS Interior Secretary says US Gulf refiners would take adReuters
Wed, Jan 7
Gold Price Forecast: XAU/USD extends upside to near $4,500 on Venezuela turmoil
Gold price (XAU/USD) climbs to near $4,500 during the early Asian trading hours on Wednesday. The precious metal rises by more than 1% in the day as geopolitical tensions and expectations of US rate cuts keep demand for gold high.
Fxstreet
Wed, Jan 7
CIF/FOB Gulf Grain-Soybean export basis steady to firm as China buys
CHICAGO, Jan 6 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to firm on Tuesday, underpinned by good export demand and elevated near-term freight costs, traders said.China's Sinograin booked about 10 U.S. soybean cargoes to start the week as Beijin...Reuters
Tue, Jan 6
US Cash Crude-Coastal grades remain weak as Caracas, Washington in talks to export Venezuelan oil to US
HOUSTON, Jan 6 (Reuters) - U.S. Gulf Coast grades remained weak on Tuesday, dealers said, as government officials in Caracas and Washington were discussing exporting Venezuelan crude to refiners in the United States, according to sources.A deal could divert supplies away from China and add to heavy ...Reuters
Tue, Jan 6
CANADA-CRUDE-Western Canada Select widens again; Venezuela impact likely limited for now, analysts say
Jan 6 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Tuesday, but analysts said Canadian heavy crude is unlikely to be significantly impacted in the short-term by the situation in Venezuela.WCS for February delivery in Ha...Reuters
Tue, Jan 6
LIVESTOCK-CME cattle futures hit October highs on tight US supply
By Tom Polansek CHICAGO, Jan 6 (Reuters) - Chicago Mercantile Exchange cattle futures on Tuesday touched their highest prices since October on strong cash prices and expectations that U.S. supplies will remain tight this year, analysts said.Traders projected that Washington will continue to block...Reuters
Tue, Jan 6
Oil falls as investors weigh supply outlook, Venezuelan uncertainties
Analysts predict rising supply in 2026 despite uncertaintiesUS to meet oil executives to discuss Venezuelan production boostUS crude stocks fell last week, sources say citing API dataBy Shariq Khan NEW YORK, Jan 6 (Reuters) - Oil prices fell on Tuesday as the market weighed expectations of ample ...Reuters
Tue, Jan 6
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
Tue, Jan 6
GRAINS-Soybeans retreat from one-week high after China buys US supplies
By Tom Polansek CHICAGO, Jan 6 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday after jumping earlier to a one-week high as top importer China bought more U.S. supplies. Corn and wheat futures also finished weaker, with agricultural markets pulling back from gains during ...Reuters
Tue, Jan 6
Centrus wins $900 million DOE task order as US pushes domestic uranium enrichment
Jan 6 (Reuters) - U.S.-based nuclear fuel supplier Centrus Energy LEU.N said on Tuesday the U.S. Department of Energy selected the company for a $900 million task order to expand uranium enrichment capacity at its Piketon, Ohio, site, as Washington moves to reduce reliance on Russian supply.The awar...Reuters
Tue, Jan 6
Brazil unclear whether beef in transit to China subject to new import quotas
By Marcela Ayres and Ana Mano BRASILIA/SAO PAULO, Jan 6 (Reuters) - The Brazilian government still does not know whether beef in transit to China will be considered part of the new import quotas that were announced by Beijing last week, a government official said on Tuesday.Herlon Brandao, head o...Reuters
Tue, Jan 6
EXCLUSIVE-Caracas, Washington in talks to export Venezuelan oil to US, sources say
Deal would redirect Venezuelan oil exports to US from ChinaExports would stem further cuts to Venezuelan outputChevron only US firm currently authorised to export Venezuelan oilTalks focus on how to make the sales, U.S. licenses for companies working with PDVSABy Marianna Parraga and Erin BancoHOUST...Reuters
Tue, Jan 6
Centrus secures $900 million task order from US energy department
Jan 6 (Reuters) - U.S.-based nuclear fuel supplier Centrus Energy LEU.N said on Tuesday it has been selected by the U.S. Department of Energy for a $900 million task order to expand its uranium enrichment facility in Piketon, Ohio.Reuters
Tue, Jan 6
CBOT wheat slumps under pressure from technical selling
CHICAGO, Jan 6 (Reuters) - Chicago Board of Trade wheat futures sagged on Tuesday as technical selling pressured the market, traders said.Prices pulled back after the most-active contract Wv1 reached a one-week high.Traders are waiting for the U.S. Department of Agriculture to issue key crop reports...Reuters
Tue, Jan 6
Oil CEOs expected to visit White House as early as Thursday to discuss Venezuela
Jan 6 (Reuters) - U.S. Oil CEOs are expected to visit the White House as early as Thursday to discuss investments in Venezuela, according to three source familiar with the planning. The details and timing of the meeting are still under discussion, one of the source said.Reuters
Tue, Jan 6
ANALYSIS -Venezuelan oil would boost US refiners, hurt Canadian producers
US Gulf Coast refiners set to benefit if Venezuelan sanctions endCanadian crude will lose pricing power if Venezuelan oil flows freelyChinese independent refineries will seek alternatives if Venezuelan crude is redirectedBy Arathy Somasekhar and Georgina McCartney HOUSTON, Jan 6 (Reuters) - A ful...Reuters
Tue, Jan 6
EXCLUSIVE-Venezuela, US in talks to export Venezuelan oil to US, sources say
By Marianna Parraga and Erin BancoHOUSTON/WASHINGTON, Jan 6 (Reuters) - Venezuelan and U.S. officials are discussing exporting Venezuelan crude to refiners in the United States, five government, industry and shipping sources told Reuters on Tuesday.Venezuela has millions of barrels of oil loaded on ...Reuters
Tue, Jan 6
CBOT soybeans turn lower, USDA confirms China bought US supplies
CHICAGO, Jan 6 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday, in a setback from gains on Monday, traders said.Prices turned lower after the U.S. Department of Agriculture confirmed that exporters sold 336,000 metric tons of U.S. soybeans to China for shipment in the 2025/...Reuters
Tue, Jan 6
