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South Korean president orders stern response to illegal fishing boats from China
SEOUL, Dec 23 (Reuters) - South Korean President Lee Jae Myung on Tuesday ordered a stern response to illegal activities by Chinese fishing boats in South Korean waters. Lee ordered the coast guard to issue heavier punishment, such as bigger fines, to prevent illegal fishing in South Korea's Exc...
Reuters
Tue, Dec 23
Greenland's PM 'sad' about Trump's renewed interest in acquiring island
COPENHAGEN, Dec 22 (Reuters) - Greenland's Prime Minister Jens-Frederik Nielsen said on Tuesday he was "sad" about U.S. President Donald Trump's renewed expression of interest in acquiring the Arctic territory.Nielsen shared his comments on Facebook after Trump reasserted on Monday t...
Reuters
Tue, Dec 23
Germany extends job security for PCK refinery until end of June 2026
BERLIN, Dec 23 (Reuters) - The German government has extended job security for workers at the PCK Schwedt oil refinery until the end of June next year, the economy and finance ministries said on Tuesday.While remaining the legal owner, Russian oil company Rosneft ROSN.MM was stripped of control of t...
Reuters
Tue, Dec 23
RPT-ROI-Wind energy blown off course in 2025, set for 2026 uplift: Maguire
By Gavin Maguire LITTLETON, Colorado, Dec 23 (Reuters) - Like any industry, wind energy has had its good and bad years. But 2025 may be one of the worst: a toxic stew of major policy reversals, corporate upheaval and sub‑par generation in key markets. U.S. President Donald Trump's policy U-tu...
Reuters
Tue, Dec 23
INSIGHT-AI data centers are forcing obsolete ‘peaker’ power plants back into service
AI data center electricity demand revives peaker power plantsPeakers emit more pollution when they run than typical power plantsThe power plants are often located in low-income, minority communitiesBy Laila Kearney Dec 23, CHICAGO - In Chicago’s working-class Pilsen neighborhood, a 60s-era oi...
Reuters
Tue, Dec 23
Russia raises concerns with US over actions on Venezuela, Russian news agencies say
MOSCOW, Dec 23 (Reuters) - Russia is conveying its concerns to the United States regarding Washington's actions on Venezuela, Russian news agencies cited Deputy Foreign Minister Sergei Ryabkov as saying.Trump's pressure campaign on Venezuela has included a ramped-up military presence in the ...
Reuters
Tue, Dec 23
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Tuesday, according to FXStreet data. Silver trades at $69.48 per troy ounce, up 0.87% from the $68.88 it cost on Monday.
Silver
Fxstreet
Tue, Dec 23
Sweden's Vattenfall applies for state aid for new nuclear reactors
STOCKHOLM, Dec 23 (Reuters) - Swedish utility Vattenfall has applied for state financing to build new reactors at its Ringhals plant, it said on Tuesday, the first company to do so under a scheme the government hopes will lead to a renaissance in nuclear power.State-owned Vattenfall, through its maj...
Reuters
Tue, Dec 23
Silver Price Forecast: XAG/USD eases from $70.00 as bulls pause after the record run
Silver (XAG/USD) prolongs its recent well-established upward trajectory and climbs to a fresh all-time peak, around the $70.00 psychological mark on Tuesday.
Silver
Fxstreet
Tue, Dec 23
Russia's Transneft sees oil transit via CPC up 18% to 74.4 mln T in 2025
Drone strike on Nov. 29 damaged loading infrastructureKazakhstan diverted some oil to China, BTC pipeline from CPCCPC shipped 65.5 mln tons Jan–Nov 21CPC exports seen down to 1.65 mln bpd in January MOSCOW, Dec 23 (Reuters) - Oil exports via the Caspian Pipeline Consortium's network are expec...
Reuters
Tue, Dec 23
METALS-Copper hovers near record highs on supply constraint concerns, rate cut bets
By Ishaan Arora Dec 23 (Reuters) - Copper prices were broadly steady on Tuesday, hovering near record highs hit in the previous session, as supply constraints and bets of easing monetary policy in the U.S. and China buoyed prices.The most active copper contract on Shanghai Futures Exchange SCFcv1...
Reuters
Tue, Dec 23
Russia's Transneft sees oil transit via CPC up 18% to 74.4 mln T in 2025, RIA reports
MOSCOW, Dec 23 (Reuters) - Oil exports via the Caspian Pipeline Consortium's network are seen rising by 18% to 74.4 million metric tons this year, RIA news agency reported on Tuesday, citing Nikolai Tokarev, head of Russia's oil pipeline monopoly Transneft TRNF_p.MM.
Reuters
Tue, Dec 23
WTI declines below $58.00 as US considers selling seized Venezuelan crude
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.80 during the early European trading hours on Tuesday. The WTI price declines after rising more than 2% in the previous session as US President Donald Trump said that he might sell Venezuelan crude that he has seized.
WTI
Fxstreet
Tue, Dec 23
PRESS DIGEST-New York Times business news - December 23
Dec 23 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Oracle co-founder Larry Ellison has agreed to provide a personal guarantee of $40.4 billion of the equity financing for Para...
Reuters
Tue, Dec 23
TABLE-North Sea gas maintenance schedule: Adds Oseberg outage
Dec 23 (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
Tue, Dec 23
Mitsui O.S.K. Lines Ltd Signs A Project Finance Agreement For FSRU Project In Singapore
Dec 23 (Reuters) - Mitsui O.S.K. Lines Ltd 9104.T:ANNOUNCES SIGNING A PROJECT FINANCE AGREEMENT WITH A BANKING SYNDICATE FOR A NEWBUILD FLOATING STORAGE AND REGASIFICATION UNIT (FSRU) SAYS PROJECT TO BE OPERATED BY SINGAPORE LNG CORPORATION PTE LTD(SLNG) AS SINGAPORE'S SECOND LNG TERMINALSAYS TH...
Reuters
Tue, Dec 23
ROI-Disruption and dislocation: LME metals' year in seven charts: Andy Home
By Andy Home LONDON, Dec 23 (Reuters) - Supply disruption and tariff dislocation have defined the London Metal Exchange (LME) base metals complex this year.The demand picture is far from rosy, but supply-chain stress has still lifted the LME Index .LMEX, a basket of the exchange's six base me...
Reuters
Tue, Dec 23
Russia attacks Ukraine energy system, triggers emergency outages in Kyiv, Ukraine says
KYIV, Dec 23 (Reuters) - Russia was again attacking Ukraine’s energy sector, prompting emergency power outages in a number of regions, including the capital Kyiv and its surrounding region, Ukraine’s energy ministry said on Tuesday.
Reuters
Tue, Dec 23
WTI trades below $58.00/one-week high; downside potential seems limited
West Texas Intermediate (WTI) US Crude Oil prices struggle to capitalize on the move up witnessed over the past two days and oscillate in a narrow band during the Asian session on Tuesday.
WTI
Fxstreet
Tue, Dec 23
Wheat eases after rally, Russia-Ukraine war limits downside
Chicago wheat ticked lower on Tuesday, falling for the first time in four sessions, although losses were limited by concerns that an escalation in the Russia–Ukraine war could disrupt supplies.
Reuters
Tue, Dec 23
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