News
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Venezuela's oil deliveries to Asia at standstill, Chevron's exports flowing -shipping data
Jan 6 (Reuters) - Venezuela's main oil ports on Tuesday entered their fifth day without delivering crude for state-run PDVSA's customers in Asia, which are the OPEC country's main buyers, shipping data showed, as the U.S. presses the nation through an oil embargo. Chevron CVX.N, which is...Reuters
Tue, Jan 6
EU summons farm ministers to secure Mercosur deal backing
Italy's stance key as EU seeks member states' support to sign dealDiscussions to focus on farm funding, pesticides in importsGermany and Spain support what would be largest EU trade dealVote on EU-Mercosur agreement expected FridayBy Philip Blenkinsop, Julia Payne and Giselda Vagnoni BRUS...Reuters
Tue, Jan 6
PRESS DIGEST-Canada - January 6
Jan 6 (Reuters) - The following are the top stories from Canadian newspaper Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL- Canadian oil tycoon Adam Waterous says building a new pipeline to the B.C. coast to expand access to overseas m...Reuters
Tue, Jan 6
EU steel safeguards would lead to crippling price hikes for manufacturing, lobby group says
BRUSSELS, Jan 6 (Reuters) - Safeguards proposed by the European Union to protect EU steel mills from the impact of imports would lead to crippling price hikes for European manufacturers, a lobby group representing European steel-using industries said on Tuesday.The European Steel Using Industries, a...Reuters
Tue, Jan 6
Morgan Stanley forecasts gold at $4,800 by fourth quarter of 2026
Jan 6 (Reuters) - Morgan Stanley forecast gold would hit $4,800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal Reserve, and buying by central banks and funds.In a note dated January 5, it also said...Reuters
Tue, Jan 6
RPT-BREAKINGVIEWS-Steel M&A gets a new punchy cross-border bid
By Antony CurrieMELBOURNE, Jan 6 (Reuters Breakingviews) - A new year brings a new punchy offer for a steel company. Nippon Steel's 5401.T near-$15 billion takeover of U.S. Steel finally went through in 2025 after U.S. President Donald Trump demanded some hefty concessions despite the buyer'...Reuters
Tue, Jan 6
Free Venezuelan political prisoners, demands opposition
Jan 6 (Reuters) - Opposition leader Maria Corina Machado's movement demanded on Tuesday the release of all political prisoners after the U.S. capture of Venezuelan leader Nicolas Maduro. "Those who unjustly hold the civilian and military political prisoners should free them immediately,"...Reuters
Tue, Jan 6
Gold consolidates gains as Venezuela crisis keeps investors cautious
Gold (XAU/USD) consolidates on Tuesday after posting gains of more than 2.5% the previous day, driven by a surge in safe-haven demand following United States (US) attacks on Venezuela. At the time of writing, XAU/USD is trading around $4,460, down modestly from an intraday peak near $4,475.
Fxstreet
Tue, Jan 6
China bans dual-use goods exports for Japan military over Taiwan remarks
China bans dual-use item exports to Japan for military use Move follows Japan PM's Taiwan remarksDiplomatic disputes trigger rare earth curb fears BEIJING, Jan 6 (Reuters) - China has banned exports of dual-use items to Japan that can be used for military purposes, according to a commerce min...Reuters
Tue, Jan 6
RPT-China's Sinograin buys 10 US soybean cargoes in new deals, traders say
SINGAPORE/BEIJING, Jan 6 (Reuters) - China's state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing U.S. shipments following late-October trade truce.The cargoes, totalling around 600,000 metri...Reuters
Tue, Jan 6
China's Sinograin buys 10 US soybean cargoes in new deals, traders say
SINGAPORE/BEIJING, Jan 6 (Reuters) - China's state stockpiler Sinograin bought 10 U.S. soybean cargoes this week, three traders told Reuters on Tuesday, as the world's top buyer continues purchasing U.S. shipments following late-October trade truce.The cargoes, totalling around 600,000 metri...Reuters
Tue, Jan 6
RPT-ROI-Trump offers US oil companies a poisoned chalice in Venezuela: Bousso
By Ron Bousso LONDON, Jan 6 (Reuters) - U.S. President Donald Trump is giving U.S. energy companies the opportunity to revive Venezuela’s massive, derelict oil industry. It’s an offer they may want to refuse. After the U.S. military’s ouster of Venezuelan President Nicolas Maduro at t...Reuters
Tue, Jan 6
Morgan Stanley Expects Brent At Mid-High $50S During Much Of 2026
Jan 6 (Reuters) - MORGAN STANLEY:EXPECTS "ANOTHER PERIOD OF OIL PRICE SOFTNESS AHEAD, WITH BRENT FALLING INTO MID-HIGH $50S DURING MUCH OF 2026"SAYS WHILST THE OIL MARKET LOOKS TO BE IN A SIGNIFICANT SURPLUS IN 2026 AND 1H27, THEY EXPECT IT TO RETURN TO BALANCE IN 2H27ASSUMES BRENT DIPS TO M...Reuters
Tue, Jan 6
