News
Important Only
China rolls out naphtha import quotas for 2026, sources say
By Trixie Yap, Siyi Liu and Sam Li SINGAPORE/BEIJING, Dec 31 (Reuters) - China has started allocating naphtha import quotas to key importers in the first batch of allowances for 2026 and the volumes are expected to be steady from this year, three trade sources familiar with the matter said on Wed...Reuters
Wed, Dec 31
Eurostar says train services resume, but warns of delays and cancellations
PARIS, Dec 31 (Reuters) - Eurostar said it would resume all of its cross-Channel services on Wednesday but warned there could still be some delays and last-minute cancellations after a power supply failure suspended train trips for much of Tuesday. The disruption, caused by a fault in the syste...Reuters
Wed, Dec 31
TABLE-North Sea gas maintenance schedule
Dec 31 (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.OPERATORLOCATIONOUTAG...Reuters
Wed, Dec 31
Canada's Robex greenlights $1.45 billion merger with Australia's Predictive Discovery
By Rajasik Mukherjee and Sneha Kumar Dec 31 (Reuters) - Australia's Predictive Discovery PDI.AX said on Wednesday, shareholders of Canada's Robex Resources RBX.V approved a A$2.17 billion ($1.45 billion) merger, paving the way to create a mid-tier gold producer in West Africa. At Rob...Reuters
Wed, Dec 31
WTI stays below $58.00, nears 20% yearly drop
West Texas Intermediate (WTI) Oil price loses ground after two days of gains, trading around $57.70 per barrel during the Asian hours on Wednesday. WTI is down nearly 3% in December, heading for a fifth straight monthly loss and nearly a 20% annual drop.
Fxstreet
Wed, Dec 31
Silver shines in 2025 global market spotlight as softs, oil lag
Silver outperforms major stock indexes, currencies this yearCopper at all-time high buoyed by AI, renewable energy demandOil prices down 15% in 2025 on economic woes, rising suppliesCocoa is biggest loser as improving supplies pressure pricesPalm oil may rebound in 2026 due to Indonesia biodiesel ma...Reuters
Wed, Dec 31
Chicago soybeans set for first annual gain in three years; wheat, corn slide
BEIJING, Dec 31 (Reuters) - Chicago soybean futures slipped on Wednesday but were set to log their first annual gain in three years, supported by China's return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance.Wheat and corn futures, mean...Reuters
Wed, Dec 31
CORRECTED-Oil slips as Brent heads for longest stretch of annual losses in 2025
Average Brent, WTI 2025 prices lowest since 2020Brent set to post longest annual losing streak everUAE pulls forces out of Yemen in conflict with Saudi ArabiaOversupply offsets geopolitical risks, sanctions on key producersBy Florence Tan SINGAPORE, Dec 31 (Reuters) - Oil prices slipped more than...Reuters
Wed, Dec 31
TECHNICALS-CBOT soybeans may fall into $10.44 to $10.51-1/4 range
For more technical analyses, please click SINGAPORE, Dec 31 (Reuters) - The CBOT soybean March contract SH26 may break support at $10.57-3/4 per bushel, and fall into $10.44 to $10.51-1/4 range.The downtrend remains steady within a falling channel, which suggests a target of $10.39-1/2. The trend is...Reuters
Wed, Dec 31
Ukrainian drone attack sparks fire, damages equipment at Tuapse refinery, Russia says
Dec 31 (Reuters) - A Ukrainian drone attack injured two people and sparked a fire that was quickly extinguished at the Tuapse oil refinery, the operational headquarters of Russia's Krasnodar region said on Wednesday.The strike damaged refinery equipment, one port berth and five homes - windows w...Reuters
Wed, Dec 31
GRAINS-Chicago soybeans head for first annual gain in three years on China's return
BEIJING, Dec 31 (Reuters) - Chicago soybean futures were set on Wednesday for their first annual gain in three years, supported by China's return to the U.S. market following a late-October trade truce, although ample global supplies capped the advance.Wheat and corn futures, meanwhile, were on ...Reuters
Wed, Dec 31
US Cash Crude-Mars Sour hits one-year low as domestic crude stocks rise
HOUSTON, Dec 30 (Reuters) - Grades were mixed on Tuesday, dealers said, with Mars Sour slipping to its lowest since October 2024 on robust domestic supplies. Mars Sour has fallen sharply over the last few sessions, hitting a $1.80 discount against U.S. crude futures on Tuesday, down 60 cents on the ...Reuters
Tue, Dec 30
US Plains HRW Wheat-Basis flat in quiet holiday trade
CHICAGO, Dec 30 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the southern U.S. Plains on Tuesday and protein premiums for railcar wheat to or through Kansas City held steady ahead of the New Year's Day holiday, spot checks showed.Growers were monitoring dry conditions...Reuters
Tue, Dec 30
Germany's Merz tells Europe to assert itself to safeguard peace, prosperity
By Madeline Chambers BERLIN, Dec 31 (Reuters) - Europe must assert its interests more strongly to ensure peace and prosperity in 2026 amid challenges from Russian aggression, global protectionism and changing ties with the U.S., German Chancellor Friedrich Merz said in his annual address.Since ta...Reuters
Tue, Dec 30
LIVESTOCK-CME cattle futures higher on year-end positioning
CHICAGO, Dec 30 (Reuters) - Chicago Mercantile Exchange cattle and hog futures climbed on Tuesday on position squaring between the Christmas and New Year holidays, analysts said. CME February live cattle LCG26 settled 1.500 cents higher at 230.475 cents per pound, and March feeder cattle FCH26 settl...Reuters
Tue, Dec 30
UAE to pull remaining forces from Yemen in crisis with Saudi Arabia
UAE says it is pulling out counterterrorism units voluntarilySaudi-backed head of Yemen presidential council asks UAE to leave Saudi-led coalition pitted against UAE-backed southern separatistsCoalition says two ships originated in UAE's Fujairah By Menna AlaaElDin, Nayera Abdallah and Maha El D...Reuters
Tue, Dec 30
Musk's xAI buys third building to expand AI compute power
Dec 30 (Reuters) - Elon Musk said on Tuesday his artificial intelligence startup xAI has bought a third building to expand its infrastructure, aiming to boost training capacity to nearly 2 gigawatts of compute power.The latest expansion underscores xAI's ambitious push to compete more effectivel...Reuters
Tue, Dec 30
