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Chevron calls employees back to Venezuela as oil exports resume
Chevron resumes crude exports to US after four-day pause Chevron's Venezuelan projects avoid immediate output cutsBy Marianna Parraga HOUSTON, Jan 5 (Reuters) - Chevron CVX.N, the only U.S. oil major operating in Venezuela, is calling employees back to the South American country as its crude ...Reuters
Mon, Jan 5
Oil tankers sail from Venezuela with no flag or safety documents, shipping data shows
LONDON, Jan 5 (Reuters) - Tankers loaded with Venezuelan crude and fuel that left the country’s waters in recent days are sailing in international waters without a known flag or ship safety documentation in place, shipping data showed.The location of the vessels is unknown since they left Venezuelan...Reuters
Mon, Jan 5
US awards $2.7 billion worth of orders to boost uranium enrichment
Jan 5 (Reuters) - The U.S. Energy Department on Monday announced that it was awarding orders totaling $2.7 billion to three companies to boost domestic uranium enrichment over the next 10 years. American Centrifuge Operating, General Matter and Orano Federal Services secured the orders, the departme...Reuters
Mon, Jan 5
WTI rebounds from two-week lows amid Venezuela turmoil, upside capped below $60
West Texas Intermediate (WTI) Crude Oil rebounds sharply on Monday, reversing earlier losses as traders assess the implications of the United States’ dramatic move against Venezuela following weekend military strikes that led to the ousting of President Nicolas Maduro.
Fxstreet
Mon, Jan 5
WRAPUP 1-Snow cripples air, train and road traffic in Amsterdam and Paris
Hundreds of flights cancelled in Paris, AmsterdamBuses in Paris suspended1,000 km of traffic jams in Paris Trains in Amsterdam come to a haltBy Bart H. Meijer and Charlotte Van CampenhoutAMSTERDAM, Jan 5 (Reuters) - Heavy snowfall disrupted air, road and rail travel in France and the Netherlands on ...Reuters
Mon, Jan 5
Small rise in Venezuelan oil supply possible over next two years, analysts say
By Florence Tan and Anjana Anil SINGAPORE/BENGALURU, Jan 5 (Reuters) - Crude output in Venezuela could increase up to half a million barrels per day in the next two years if Venezuela is politically stable and U.S. companies invest there, oil analysts said following the U.S. capture of President ...Reuters
Mon, Jan 5
Med crude-Differentials hold steady
LONDON, Jan 5 (Reuters) - Urals and Caspian crude oil differentials held steady on Monday in a muted market, with Russia and several neighbouring countries off for New Year holidays. Price discussions for CPC Blend are few and far between because of uncertainty around cargo loadings, given poor weat...Reuters
Mon, Jan 5
StoneX raises outlook for Brazil's 2025/26 soybean crop
SAO PAULO, Jan 5 (Reuters) - Brazil's soybean production is expected to reach 177.6 million metric tons in 2025/26, consultancy firm StoneX said on Monday, raising its outlook by 0.2% from a December projection.The revision reflects higher yields in top farm state Mato Grosso and favorable Decem...Reuters
Mon, Jan 5
Codelco's 2025 copper production hits 1.332 million tons, Chilean media reports
SANTIAGO, Jan 5 (Reuters) - Copper production at Chile's Codelco reached 1.332 million metric tons in 2025, slightly improving on its 2024 production figure, local newspaper La Tercera reported on Monday.Citing sources, La Tercera said Codelco's production had reached 1.332 million tons last...Reuters
Mon, Jan 5
Europe Gasoline/Naphtha-Gasoline refining profits head lower
LONDON, Jan 5 (Reuters) - Northwest European gasoline refinery profit margins dropped $1.07 to $7.82 a barrel on Monday.About 14,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window as Equinor, Trafigura and Glencore sold to BP, Aramco and TotalEnergies.Another 10,000 tons of ...Reuters
Mon, Jan 5
Euronext wheat slips further while rapeseed rebounds
PARIS, Jan 5 (Reuters) - Wheat futures on Euronext edged down for a second session on Monday, with hefty global supply weighing on the market, while rapeseed rose sharply in a technical rebound following a slide last month, dealers said.March milling wheat BL2H6, the most-active position on Euronext...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 helped boost prices.Equities, metals and energy markets also advanced after the U.S. capture of Venezuelan President Nicolas Maduro."In general, it's a ...Reuters
Mon, Jan 5
FACTBOX-Venezuela's oil and mining sectors: large potential, weak infrastructure
Jan 5 (Reuters) - Following are key facts about the oil and mining sectors of Venezuela, whose President Nicolas Maduro was captured by U.S. forces on Saturday. RESERVESVenezuela has the world's largest estimated oil reserves but its crude output remains at a fraction of capacity due t...Reuters
Mon, Jan 5
Trump administration has not consulted US oil majors about Venezuela, oil execs say
WASHINGTON/HOUSTON, Jan 5 (Reuters) - The Trump administration did not consult with oil companies Exxon Mobil XOM.N, ConocoPhillips COP.N, or Chevron Corp CVX.N about Venezuela before or after U.S. forces captured the South American country’s president Nicolas Maduro Jan. 3, according to four oil in...Reuters
Mon, Jan 5
Record copper price signals accelerating race for supplies
Copper prices need to rise further, SP Angel saysVenezuela brings supply chain security into focus, Concord saysPotential for U.S. tariffs on copper imports muddy pictureBy Pratima Desai LONDON, Jan 5 (Reuters) - Copper prices soared to records above $13,000 a metric ton on Monday, driven by fear...Reuters
Mon, Jan 5
US Plains HRW Wheat-Basis bids flat in slow trade
CHICAGO, Jan 5 (Reuters) - Basis bids for hard red winter wheat were unchanged in the U.S. Plains on Monday as farmer selling was slow despite a jump in futures prices, merchandisers said.Some farmers are waiting for futures prices to stabilize before selling old-crop wheat, a merchandiser said.Swat...Reuters
Mon, Jan 5
Suspected jihadists attack Mali's Morila mine
By Portia Crowe Jan 5 (Reuters) - Suspected jihadists attacked the Morila gold mine in Mali at the weekend, burning equipment and taking seven employees hostage before releasing them, an official from the mining ministry told Reuters on Monday.The attack highlights mounting security risks in Mali...Reuters
Mon, Jan 5
Rallying-High five for Toyota but Al-Attiyah leads after Dakar second stage
Jan 5 (Reuters) - Toyota drivers dominated the second stage of the Dakar Rally with the fastest five placings on Monday but Nasser Al-Attiyah took over at the top of the car standings for the Dacia Sandriders team.The Qatari, a five times Dakar winner, was only eighth fastest on the 400km special st...Reuters
Mon, Jan 5
US Cash Grains-Corn basis steady-down, soy basis flat
CHICAGO, Jan 5 (Reuters) - Spot basis bids for corn were steady to lower, while the soy basis was mostly flat in the U.S. Midwest on Monday, in slow trade at the beginning of the week.More locations have rolled their soybean basis bids to the Chicago Board of Trade March SH26 contract as the January...Reuters
Mon, Jan 5
