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NEWSMAKER-Who is 'tsarina' Delcy Rodriguez, the acting president of Venezuela?
Jan 4 (Reuters) - Delcy Rodriguez, declared the interim president of Venezuela after Nicolas Maduro's capture by U.S. forces, is one of the iron fists in Venezuelan politics, a practitioner of economic orthodoxy who has strived to build relationships with the private sector and who is known for ...Reuters
Sun, Jan 4
RPT-ROI-US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike: Bousso
By Ron Bousso LONDON, Jan 4 (Reuters) - The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to...Reuters
Sun, Jan 4
OPEC+ keeps output steady amid escalating geopolitical tensions
In Sunday's virtual meeting of its eight members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman- the OPEC+ decided to keep the oil output unchanged, while avoiding the discussions of the geopolitical crises affecting several of the producer group's members.
Fxstreet
Sun, Jan 4
US pushes oil majors to invest big in Venezuela if they want to recover debts
Govt wants US oil giants to finance investment to revive Venezuelan oil sectorSecurity, legal and political risks challenge Venezuela's oil sector revivalBy Jarrett Renshaw HOUSTON, Jan 4 (Reuters) - White House and State Department officials have told U.S. oil executives in recent weeks that...Reuters
Sun, Jan 4
Energy storage boom strengthens demand outlook for beaten-down lithium
Energy storage could be game changer for lithium - analyst saysDemand bolstered by China power sector reforms, data centre boomBy Amy Lv and Tony Munroe BEIJING/SINGAPORE, Jan 5 (Reuters) - A boom in battery storage has bolstered the demand outlook for lithium in 2026, driving hopes for an accele...Reuters
Sun, Jan 4
Venezuela moves to cut oil output due to US export embargo
PDVSA's move includes shutting down oilfields, well clusters as onshore stocks mountPetrolera Sinovensa preparing to disconnect up to 10 clustersChevron's joint ventures asked to cut, but no reductions applied yetMore than 17 million barrels of oil remain stuck in shipsBy Marianna Parraga ...Reuters
Sun, Jan 4
Latvia police board vessel after Baltic Sea telecom cable breach
By Andrius Sytas VILNIUS, Jan 4 (Reuters) - An undersea telecoms cable was damaged in the Baltic Sea on Friday and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a statement. The Baltic Sea region is on high alert afte...Reuters
Sun, Jan 4
Venezuelan houses destroyed in US attack; no official figures on deaths
Jan 4 (Reuters) - Some homes in the town of Catia La Mar near Venezuela’s capital Caracas were damaged or destroyed in the U.S. military operation that captured President Nicolas Maduro, residents told Reuters on Sunday, while officials reported an unspecified number of deaths.Jonatan Mallora, a 50-...Reuters
Sun, Jan 4
Oil prices likely to move higher on Venezuelan turmoil, ample supply to cap gains
US to take control of Venezuela, oil embargo in full effect, Trump saidVenezuelan oil exports halted since early-Jan due to embargoState oil firm PDVSA begins output cuts as storage fillsOPEC+ to maintain oil output policyBy Florence Tan SINGAPORE, Jan 4 (Reuters) - Oil prices are likely to move ...Reuters
Sun, Jan 4
Russia's Medvedev says Trump's actions in Venezuela are unlawful but consistent
MOSCOW, Jan 4 (Reuters) - Dmitry Medvedev, deputy chairman of Russia's Security Council, said on Sunday that the actions of U.S. President Donald Trump in Venezuela were unlawful but consistent because he was defending U.S. interests, TASS news agency reported."It must be acknowledged that, ...Reuters
Sun, Jan 4
OPEC+ keeps oil output steady amid turmoil among members
Eight OPEC+ members reaffirm existing policyUS seizes Venezuelan President Maduro, plans transitionAnalysts doubt quick boost in Venezuelan oil output By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) - OPEC+ kept oil output unchanged on Sunday after a quick mee...Reuters
Sun, Jan 4
Botswana to open embassy in Moscow, open up to Russia in rare earths and diamonds, minister says
MOSCOW, Jan 4 (Reuters) - Botswana plans to open an embassy in Moscow soon and has invited Russian investors to cooperate on rare earths and diamonds, Russia's TASS state news agency quoted Botswana's foreign minister as saying on Sunday. Russia is seeking to strengthen its foothold in Afric...Reuters
Sun, Jan 4
Venezuela's PDVSA asks some joint ventures to cut back oil output, sources say
Jan 4 (Reuters) - Venezuela's state-run PDVSA is asking some of its joint ventures to cut back crude output by shutting down oilfields or well clusters as onshore stocks mount and the company runs out of diluents amid an export paralysis, three sources close to the decision said.Oil exports from...Reuters
Sun, Jan 4
US lifts Caribbean airspace curbs after attack on Venezuela
FAA closed Caribbean airspace to US carriers over military movesAgency warns non-US carriers off near Venezuelan airspaceBy Dan Catchpole Jan 4 (Reuters) - The United States advised airlines on Saturday that its Caribbean airspace curbs would expire at midnight ET (0500 GMT) and flights could res...Reuters
Sun, Jan 4
Serbia's NIS refinery to be operational Jan 17 or 18, president says
BELGRADE, Jan 4 (Reuters) - Serbia's Russian-owned NIS oil refinery, which is sanctioned by the United States, will be operational on January 17 or 18 after receiving a temporary licence, President Aleksandar Vucic said on Sunday.On Wednesday, the U.S. Treasury Department's Office of Foreign...Reuters
Sun, Jan 4
ROI-US oil refiners win, Chinese rivals lose in Trump’s Venezuela strike: Bousso
By Ron Bousso LONDON, Jan 4 (Reuters) - The U.S. military’s ouster of Venezuelan President Nicolás Maduro is set to swiftly reroute the country’s oil exports back toward the United States – and away from China. That will give U.S. refiners an immediate boost, but President Donald Trump’s plans to...Reuters
Sun, Jan 4
OPEC+ to keep oil output steady despite turmoil among members, sources say
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova DUBAI/LONDON, Jan 4 (Reuters) - OPEC+ will likely maintain steady oil output at its meeting on Sunday, OPEC+ delegates said, despite political tensions between key members Saudi Arabia and the UAE, and the U.S. capture of the president of smaller...Reuters
Sun, Jan 4
No quick wins in tapping Venezuela's oil reserves
Political instability could hinder foreign investment into Venezuela's oil sectorVenezuela's oil production historically significant, but now diminishedChevron is the only American major currently operating in VenezuelaBy Nathan Crooks, Liz Hampton and Arathy Somasekhar MIAMI, Jan 3 (Reu...Reuters
Sun, Jan 4
Oil markets and investors hold steady in the face of massive geopolitical uncertainty
Analysts and economists covering politics, oil, crypto, and risk say the Trump-Venezuela situation is not expected to hit the global economy or financial markets in any serious way when the trading floor opens Sunday night.Cryptopolitan
Sun, Jan 4
Maduro is out but it's unclear who is running Venezuela
Maduro's ouster leaves fragmented government and uncertain futureReal power could rest with chief of intelligence agenciesGenerals' loyalty secured with profits from illicit trade and smuggling routesBy Sarah KinosianJan 3 (Reuters) - The U.S. capture of Venezuelan leader Nicolas Maduro - pr...Reuters
Sun, Jan 4
