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US Cash Crude-Grades mixed as Chevron resumes Venezuela oil exports to US
HOUSTON, Jan 5 (Reuters) - Grades were mixed on Monday, dealers said, as Chevron resumed oil exports from Venezuela to the U.S. while U.S. refining capacity ticked lower. Chevron CVX.N the only U.S. oil major operating in Venezuela, is calling employees back to the South American country as its cruReuters
Tue, Jan 6
Gold Price Forecast: XAU/USD rises to near $4,450 amid Venezuela turmoil
Gold price (XAU/USD) rises to around $4,440 during the early Asian session on Tuesday. The precious metal extends its rally and hits a one-week high amid safe-haven demand, as the Venezuela crisis injects geopolitical uncertainty.
Fxstreet
Tue, Jan 6
CIF/FOB Gulf Grain-Soybean barge basis steady-up on good demand, firm freight
CHICAGO, Jan 5 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to higher on Monday on good demand and firm freight costs, traders said.Chinese importers inquired about prices for near-term shipments from the Gulf, and some purchases were likely booked on...Reuters
Mon, Jan 5
Phillips 66 Sweeny Refinery And Petrochemical Complex, TX Reports Process Upset
Jan 5 (Reuters) - PHILLIPS 66 PSX.N :REPORTS UNIT 29.2 EXPERIENCED A PROCESS UPSET THAT IMPACTED THE REFINERY FUEL GAS SYSTEM AT SWEENY REFINERY AND PETROCHEMICAL COMPLEX, TEXASSAYS OPERATIONS WORKED TO STABILIZE THE UNIT IN ORDER TO RETURN TO NORMAL OPERATING CONDITIONSREFINERY CAPACITY: 264,500 BA...Reuters
Mon, Jan 5
Russian strikes hit energy targets in Ukraine's Kharkiv, US company in Dnipro
Strikes damage energy infrastructure in KharkivAttack on Dnipro hits Bunge facility, sunflower oil leaksSummit on Ukraine set for Paris on Tuesday KYIV, Jan 5 (Reuters) - Russia launched five missile strikes on Ukraine's second-biggest city Kharkiv on Monday, damaging energy infrastructure, a...Reuters
Mon, Jan 5
CANADA-CRUDE-Western Canada Select widens; Venezuela a longer-term risk, analysts say
Jan 5 (Reuters) - The discount on Western Canada Select to North American benchmark West Texas Intermediate futures CLc1 widened on Monday as traders and analysts assessed the potential for further weakening if Venezuela is able to ramp up its oil output over time.WCS for February delivery in Hardis...Reuters
Mon, Jan 5
LIVESTOCK-CME hogs touch October high on fund buying
By Tom Polansek CHICAGO, Jan 5 (Reuters) - Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said.Fund buying at the start of the year also supported grain and soy futures at the Chicago ...Reuters
Mon, Jan 5
GRAINS-Broad buying lifts US grain futures from multi-week lows
By Tom Polansek CHICAGO, Jan 5 (Reuters) - U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year, traders said.Equities, metals and energy markets also advanced after U.S. f...Reuters
Mon, Jan 5
Australia's Viridis gets support for up to $50 million funding for Colossus project
By Roberto Samora SAO PAULO, Jan 5 (Reuters) - Viridis Mining and Minerals VMM.AX said on Monday that the Australian miner had received a non-binding letter of support from Export Finance Australia (EFA) for a potential funding of up to $50 million for its Colossus rare-earth minerals project in ...Reuters
Mon, Jan 5
Deals of the day-Mergers and acquisitions
Jan 5 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:U.S. refiner Phillips 66 PSX.N said on Monday it had agreed to acquire the assets and infrastructure of Lindsey Oil Refinery in northern England following the site's liquidation, and wil...Reuters
Mon, Jan 5
Gold surges past $4,440 as Venezuela strikes fuel geopolitical bid
Gold (XAU/USD) rallies sharply on Monday, gaining over 2.60% as investors assess the risk of last week's US strikes on Venezuela and its geopolitical implications worldwide. At the time of writing, XAU/USD trades at $4,442 after bouncing off daily lows of $4,345.Fxstreet
Mon, Jan 5
GRAINS-Broad buying lifts US grain futures from multi-week lows
By Tom Polansek CHICAGO, Jan 5 (Reuters) - U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year.Equities, metals and energy markets also advanced after U.S. forces captured...Reuters
Mon, Jan 5
US awards $2.7 billion worth of orders to boost uranium enrichment
By Valerie VolcoviciWASHINGTON, Jan 5 (Reuters) - The U.S. Energy Department announced on Monday it was awarding orders totaling $2.7 billion to three companies to boost domestic uranium enrichment over the next 10 years in a broader effort to reduce U.S. dependence on Russian supply. American Centr...Reuters
Mon, Jan 5
Major Brazilian grain traders quit Amazon conservation pact
By Ana Mano, Manuela Andreoni and Andre Romani SAO PAULO, Jan 5 (Reuters) - A lobby group for Brazilian grain trading and crushing firms has told farming state Mato Grosso that it and many of its members are quitting a nearly 20-year-old pact protecting the Amazon basin from deforestation dri...Reuters
Mon, Jan 5
CBOT wheat closes higher on broad-based buying
CHICAGO, Jan 5 (Reuters) - Chicago Board of Trade wheat futures ended higher on Monday as broad buying lifted grains and other commodity prices, traders said.Fund buying also boosted grain markets at the start of the year, they said.Traders monitored Russia's war on Ukraine, a major corn and whe...Reuters
Mon, Jan 5
Oil settles $1 higher as traders assess Venezuela upheaval
Oil prices rise on uncertainty over Venezuela's oil flow changesUS did not consult oil firms before capturing MaduroInvestors see rise in geopolitical risk in Colombia, IranBy Georgina McCartney HOUSTON, Jan 5 (Reuters) - Oil prices settled up $1 a barrel on Monday as traders assessed the...Reuters
Mon, Jan 5
US natgas slips for a fourth straight session on warm weather
Meteorologists predict nationwide warm spell through Jan. 20Natgas futures risk sliding to $3 without weather boost, Ritterbusch saysJP Morgan expects US gas strength in 2026 on rising LNG feedgas demandBy Anmol ChoubeyJan 5 (Reuters) - U.S. natural gas futures dropped on Monday, marking a fourth co...Reuters
Mon, Jan 5
Oil flotilla sails from Venezuela despite US blockade
At least four of the tankers left Venezuela on Saturday through route north of Margarita island All identified vessels are under sanctions, most lack flag registriesState company PDVSA cutting oil output because storage is fullChevron called employees back to Venezuela, resumed exports Jan 5 (Reu...Reuters
Mon, Jan 5
CBOT soybeans finish higher on fund buying
CHICAGO, Jan 5 (Reuters) - Chicago Board of Trade soybean futures closed stronger on Monday on fund buying at the start of the year, traders said.Broad-based buying helped support gains, with equities, metals and oil markets also advancing, traders said. Traders were watching for confirmation of fur...Reuters
Mon, Jan 5
