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Mexico reports second screwworm case in two days
Jan 2 (Reuters) - A case of New World screwworm was detected in a goat in Mexico's central state of Mexico, the country's agricultural ministry said late on Thursday evening, the second case the government has reported in two days.On December 31, the ministry reported a case in a cow in the ...Reuters
Fri, Jan 2
OPEC+ to maintain oil output policy amid Saudi-UAE tensions over Yemen, sources say
OPEC+ likely to maintain oil output freeze in Q1 2026, sources sayNo sign yet that Saudi-UAE tensions over Yemen will affect OPEC+ talksOil prices fell over 18% in 2025 amid oversupply concernsBy Maha El Dahan and Ahmad Ghaddar DUBAI/LONDON, Jan 2 (Reuters) - OPEC+ will likely maintain steady...Reuters
Fri, Jan 2
Gold Price Forecast: XAU/SD extends its recovery to the $4,400 area
Gold (XAU/USD) accelerated its recovery on a holiday-thinned session on Friday, with markets in Japan and China closed for the New Year festivities. The precious metal is 1.75% up on the day, reaching levels near $4,400, after bouncing from $4,274 earlier this week.
Fxstreet
Fri, Jan 2
GLOBAL LNG-Asia spot prices flat amid muted demand, ample supply
By Emily ChowSINGAPORE, Jan 2 (Reuters) - Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per mi...Reuters
Fri, Jan 2
Singapore fuel oil stockpiles climb above 26 million barrels
SINGAPORE, Jan 2 (Reuters) - Onshore fuel oil stockpiles in Singapore climbed above 26 million barrels during the final week of 2025, well above average for the year, data showed on Friday. Inventories rose to 26.75 million barrels (about 4.21 million metric tons) in the week to December 31, up 4% f...Reuters
Fri, Jan 2
Norway zips ahead in EV race as car sales hit 96% electric
EVs take record 95.9% share of Norway car market in 2025In December, 97.6% of all new cars were fully electricTesla is top-selling brand for fifth consecutive yearChinese cars increase market shareCarmakers, buyers rushed to beat January EV tax hikeBy Marie Mannes STOCKHOLM, Jan 2 (Reuters) - Alm...Reuters
Fri, Jan 2
CORRECTED-Orsted challenges US halt of its $5 billion offshore wind project
OSLO, Jan 2 (Reuters) - Denmark's Orsted ORSTED.CO said on Friday it was challenging the U.S. government's suspension of the lease for its Revolution Wind joint venture and would seek a court injunction against the decision to halt its $5 billion offshore wind project.The Trump administratio...Reuters
Fri, Jan 2
METALS-Copper starts New Year higher, aluminium hits 3-1/2-year top
SINGAPORE, Jan 2 (Reuters) - London copper rose at the start of trading in the New Year on Friday after a stellar 2025, as a weaker U.S. dollar continued to lend support, while aluminium hit its highest since May 2022. Three-month copper on the London Metal Exchange CMCU3 climbed 0.8% to $12,519.50 ...Reuters
Fri, Jan 2
Norway's new car sales were 96% electric in 2025
EVs take record 95.9% share of Norway car market in 2025In December, 97.6% of all new cars were fully electricTesla is top selling brand for fifth consecutive yearCarmakers, buyers rush to beat January EV tax hikeBy Marie Mannes STOCKHOLM, Jan 2 (Reuters) - Almost all new cars registered in Norwa...Reuters
Fri, Jan 2
TABLE-North Sea gas maintenance schedule: Adds Barrow (North Terminal) outage
Jan 2 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAGE...Reuters
Fri, Jan 2
Gold Price Forecast: XAU/USD extends rally above $4,350 on US rate cut bets, geopolitical tensions
Gold price (XAU/USD) extends the rally to near $4,375 during the early European session on Friday. The rally in the precious metal is supported by the growing expectations of further interest rate cuts from the US Federal Reserve (Fed) and safe-haven demand.Fxstreet
Fri, Jan 2
METALS-Copper starts New Year higher, aluminium hits 3-1/2-year top
SINGAPORE, Jan 2 (Reuters) - London copper rose almost 1% on Friday, starting the New Year on a positive note after prices surged over 40% to record highs in a stellar 2025, while aluminium hit its highest since May 2022. Three-month copper on the London Metal Exchange CMCU3 climbed 0.9% to $12,537 ...Reuters
Fri, Jan 2
China receives 22 shipments of LNG from sanctioned Russian projects in 2025
SINGAPORE, Jan 2 (Reuters) - China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed da...Reuters
Fri, Jan 2
REFILE-PRESS DIGEST-British Business - January 2
Jan 2 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- The British motor finance business of Mercedes-Benz MBGn.DE swung to a 364.6 million pound ($491.63 million) loss ...Reuters
Fri, Jan 2
TECHNICALS-CBOT soybeans may fall into $10.32 to $10.39-1/2 range
For more technical analyses, please click SINGAPORE, Jan 2 (Reuters) - The CBOT soybean March contract SH26 may fall into a range of $10.32 to $10.39-1/2 per bushel, driven by a wave E.A channel technique and a Fibonacci projection analysis mark this target zone. A conservative target zone is from $...Reuters
Fri, Jan 2
METALS-Copper starts New Year on a firm note after record-setting 2025 rally
SINGAPORE, Jan 2 (Reuters) - London copper rose 0.8% on Friday, starting the New Year on a positive note after a stellar 2025 in which prices surged more than 40% to record highs, driven by booming demand and supply disruptions.Three-month copper on the London Metal Exchange CMCU3 added 0.8% to $12,...Reuters
Fri, Jan 2
