News
Important Only
EXCLUSIVE-U.S. Treasury rejects Xtellus-led bid for Lukoil assets, sources say
By Jarrett Renshaw, David Gauthier-Villars and Anna Hirtenstein LONDON, Dec 15 (Reuters) - The U.S. Treasury has rejected an offer from a group led by U.S. bank Xtellus Partners for the foreign assets of Russian oil company Lukoil LKOH.MM, three people close to the matter told Reuters.Xtellus had...Reuters
Mon, Dec 15
GRAINS-Soybeans fall to seven-week low on disappointing US exports
Soybean futures pressured by U.S. export pace, Brazilian harvest expectationsMarket frustrated by U.S. Commodity Futures Trading Commission data delaysCorn futures weighed by cheap Argentine feed wheatBy P.J. Huffstutter CHICAGO, Dec 15 (Reuters) - Chicago Board of Trade soybean futures slid to a...Reuters
Mon, Dec 15
Europe Gasoline/Naphtha-Gasoline refining profit margins head lower
LONDON, Dec 15 (Reuters) - Northwest European gasoline refinery profit margins fell by about $1.94 to $11.56 a barrel on Monday.About 12,000 metric tons of Eurobob E5 gasoline traded on barges as ExxonMobil, Glencore and Equinor sold to BP, Gunvor, Varo and Aramco.No E10 gasoline barges traded in th...Reuters
Mon, Dec 15
Mexico's Pemex working to contain fuel pipeline leak in Tabasco
MEXICO CITY, Dec 15 (Reuters) - Mexico's state oil company Pemex said on Monday it was working to contain a fuel pipeline leak reported in Rancheria Chicozapote, in the southern state of Tabasco.Pemex, which first reported the leak on Saturday, said its technical response team immediately activa...Reuters
Mon, Dec 15
Kenya signs $311 mln power lines deal with Africa fund, Indian firm
NAIROBI, Dec 15 (Reuters) - Kenya on Monday signed an agreement for the investment of $311 million in the construction of two high-voltage electricity transmission lines with a pan-African infrastructure fund and PowerGrid Corporation of India, the finance ministry said.The East African nation has t...Reuters
Mon, Dec 15
USDOT issues energy emergency in Northeast US due to propane shortage
Dec 15 (Reuters) - The U.S. Department of Transportation has declared a regional emergency for Delaware, New Jersey, New York and Pennsylvania due to cold weather and a power outage at a Pennsylvania gas refinery that disrupted the flow of propane.The declaration, made on Friday, allows carriers hau...Reuters
Mon, Dec 15
White House plans more 'historic deals' with mining sector, official says
By Ernest Scheyder Dec 15 (Reuters) - The Trump administration plans more "historic deals" with the U.S. mining sector to boost production of critical minerals for the national defense and high-tech sectors, a senior official said on Monday.Earlier this year, the administration took equit...Reuters
Mon, Dec 15
U.S. Treasury rejects Xtellus bid for Russia's Lukoil assets, sources say
LONDON, Dec 15 (Reuters) - The U.S. Treasury has rejected an offer from U.S. bank Xtellus to buy foreign assets of Russian oil firm Lukoil LKOH.MM, three people familiar with the process told Reuters.Xtellus had offered to organise a swap of Lukoil securities held by U.S. investors in a cashless dea...Reuters
Mon, Dec 15
US eases sanctions on three Belarus potash companies after prisoner release
Belaruskali, BPC, Agrorozkvit receive sanctions reliefBelarus is a major producer of potash fertiliserAnalysts see little impact on global fertilizer pricesBelarus on Saturday released 123 prisoners in US-brokered dealBy Andrius Sytas VILNIUS, Dec 15 (Reuters) - The United States on Monday grante...Reuters
Mon, Dec 15
Slovak leader Fico to meet Trump next year to back nuclear power plant deal
PRAGUE, Dec 15 (Reuters) - U.S. President Donald Trump has invited Slovak Prime Minister Robert Fico to the United States during next year's soccer World Cup to back the signature of a nuclear power deal between the two countries, Fico said on Monday.Slovakia's government said this year it h...Reuters
Mon, Dec 15
Spotify largely back up after outage affects thousands worldwide, Downdetector shows
Dec 15 (Reuters) - Music streaming platform Spotify SPOT.N was back up for most users after it suffered a global outage that affected tens of thousands of people, outage tracking website Downdetector.com showed on Monday. The outage in the U.S. eased to about 1,000 incidents of people reporting i...Reuters
Mon, Dec 15
CORRECTED-Ghana bans mining in forest reserves to curb environmental damage
ACCRA, Dec 11 (Reuters) - Ghana has banned mining in forest reserves as part of sweeping environmental protections aimed at safeguarding water bodies and halting deforestation, the Ministry of Environment, Science and Technology said.Africa’s top gold producer is battling a surge in poorly regulated...Reuters
Mon, Dec 15
US eases sanctions on three Belarus potash companies after prisoner release
Belaruskali, BPC, Agrorozkvit receive sanctions reliefBelarus is a major producer of potash fertiliserBelarus on Saturday released 123 prisoners in US-brokered dealBy Andrius Sytas VILNIUS, Dec 15 (Reuters) - The United States has granted limited sanctions relief to three Belarusian potash compan...Reuters
Mon, Dec 15
U.S. Issues General License Authorizing Transactions Involving Joint Stock Company Belarusian Potash Company, Agrorozkvit Llc, And Belaruskali Oao -Treasury Department Website
U.S. ISSUES GENERAL LICENSE AUTHORIZING TRANSACTIONS INVOLVING JOINT STOCK COMPANY BELARUSIAN POTASH COMPANY, AGROROZKVIT LLC, AND BELARUSKALI OAO -TREASURY DEPARTMENT WEBSITESource text: [ID:]Further company coverage: [ ]Reuters
Mon, Dec 15
Bank of America Projects $60/BBL Brent In 2026
Dec 15 (Reuters) - Bank of America:SEES BRENT AVERAGING $60/BBL IN 2026, IN NOTE DATED DEC 10SEES WTI AVERAGING $57/BBL IN 2026FORECASTS US HENRY HUB NATURAL GAS PRICES WILL AVERAGE $4/MMBTU IN 2026 AND FALL TO $3.75/MMBTU IN 2027SAYS US GAS SUPPLY AND DEMAND GROWTH SHOULD GROW 2.5BCF/D AND 0.7BCF/D...Reuters
Mon, Dec 15
Tankers make u-turns after US seizure of Venezuelan oil cargo, shipping data says
By Marianna ParragaHOUSTON, Dec 15 (Reuters) - A tanker carrying Russian naphtha for Venezuelan state oil company PDVSA and at least four supertankers due to pick up crude cargoes in Venezuela have made u-turns after the U.S. seized a vessel carrying Venezuelan crude, ship monitoring data showed on ...Reuters
Mon, Dec 15
CORRECTED-Ample oil supply shields China from impact of Venezuela disruption, for now
Merey crude arrivals to China over 600,000 bpd in December, Vortexa, Kpler sayVenezuela accounts for about 4% of China crude importsWeak seasonal bitumen demand curbs appetite from refinersHigh levels of oil in floating Asia storage limit impactBy Siyi Liu and Chen Aizhu SINGAPORE, Dec 15 (Reuter...Reuters
Mon, Dec 15
US natural gas futures hold near 6-week low on mild weather forecasts, near-record output
Milder weather forecasts reduce natural gas demandRecord gas output allows for ample storageLNG export feedgas near record highBy Scott DiSavino NEW YORK, Dec 15 (Reuters) - U.S. natural gas futures held near a six-week low on Monday on forecasts for milder weather over the next two weeks than pr...Reuters
Mon, Dec 15
Spotify down for thousands of US users, Downdetector shows
Dec 15 (Reuters) - Spotify SPOT.N was down for thousands of users in the U.S. on Monday, according to Downdetector.com.There were more than 13,500 reports of issues with the streaming platform as of 09:09 a.m. ET, according to Downdetector, which tracks outages by collating status reports from a num...Reuters
Mon, Dec 15
Mexico opens trade investigations into some US pork imports
Dec 15 (Reuters) - Mexico has opened an anti-dumping and anti-subsidy probe into U.S. pork leg and shoulder imports after domestic producers alleged unfair pricing and government support, the government said on Monday.The investigation will examine 2024 imports and their impact on Mexico’s pork indu...Reuters
Mon, Dec 15
