News
Important Only
CORRECTED-US pitches Venezuelan crude to India as its Russian oil imports slow, sources say
Trump administration controls Venezuela oil industry after capturing country's leaderUS wants India to cut Russian oil purchases due to Ukraine warIndia on track to reduce Russian imports in coming months, sources sayBy Nidhi Verma and Jarrett Renshaw NEW DELHI, Jan 30 (Reuters) - The United ...Reuters
Sun, Feb 1
Union extends talks with Marathon, averting strike at refineries
Strike averted on a rolling 24-hour basis, union saysUnion has rejected at least five Marathon proposalsLast proposal would have provided 14% pay increase over four yearsBy Erwin SebaHOUSTON, Jan 31 (Reuters) - The United Steelworkers union said late on Saturday it would extend talks with Marathon P...Reuters
Sun, Feb 1
China's ICBC warns of precious metal volatility, urges investor caution
BEIJING, Feb 1 (Reuters) - Precious metal prices have been "highly volatile" in China and overseas recently, with market uncertainty significantly increasing, the Industrial and Commercial Bank of China (ICBC) said on Sunday.Investors are advised to assess their risk tolerance and avoid impu...Reuters
Sun, Feb 1
BP's Whiting refinery union workers reject contract extension
Jan 31 (Reuters) - United Steelworkers members at BP's BP.L 440,000-barrel-per-day refinery in Whiting, Indiana, rejected the company's offer to extend their contract by 28 days at the largest refinery in the U.S. Midwest, the company said in a statement on Saturday.United Steelworkers Local...Reuters
Sun, Feb 1
Union, Marathon meeting as strike deadline looms for US refineries
Strikes at US refineries could begin early SundayUnion rejected another Marathon proposal late Saturday afternoonMarathon proposal would have provided 13% pay increase over four yearsBy Erwin SebaHOUSTON, Jan 31 (Reuters) - Negotiators for the United Steelworkers union (USW) and Marathon Petroleum M...Reuters
Sun, Feb 1
CORRECTED-BP's Whiting refinery union workers reject contract extension
Jan 31 (Reuters) - United Steelworkers members working at BP's BP.L 440,000-barrel-per-day refinery in Whiting, Indiana, rejected the company's offer to extend their contract by 28 days at the largest refinery in the U.S. Midwest, the company said in a statement on Saturday.Reuters
Sat, Jan 31
BP America Says On January 30, Co. Proposed 28-Day Contract Extension To Current 2022 To 2026 Collective Bargaining Agreement To Union Workers In Whiting
Jan 31 (Reuters) - BP PLC BP.L:BP AMERICA: ON JANUARY 30, CO. PROPOSED 28-DAY CONTRACT EXTENSION TO CURRENT 2022 TO 2026 COLLECTIVE BARGAINING AGREEMENT TO UNION WORKERS IN WHITINGBP AMERICA: UNION NOTIFIED THE COMPANY, LESS THAN AN HOUR AFTER THE EXTENSION OFFER, THAT THE UNION REJECTED THE EXTENS...Reuters
Sat, Jan 31
Ukraine and Moldova hit by blackouts from grid malfunction before power restored
Kyiv's metro stops, emergency crews rescue stranded people Chisinau without power for hoursPower lines affected by technical disruption Emergency occurs during Ukraine-Russia 'energy ceasefire'Ukrainian grid shattered by months of Russian strikesBy Yuliia Dysa and Alexander TanasKYIV/CHI...Reuters
Sat, Jan 31
Qatari PM meets Iran's Larijani in Tehran, discusses easing regional tensions
Jan 31 (Reuters) - Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani met with top Iranian security official Ali Larijani in Tehran and reviewed efforts to de-escalate tensions in the region, Qatar's foreign ministry said on Saturday in a statement.Reuters
Sat, Jan 31
Gas leak caused blast in Iran's Bandar Abbas, Iranian media say
Two people killed, 14 hurt in blast in southern Iranian portFour people killed in second explosion in city of Ahvaz, Iranian media reportsBoth blasts caused by gas leaks, according to local mediaIran on high alert after Trump says he is sending warships to Gulf Jan 31 (Reuters) - An explosion th...Reuters
Sat, Jan 31
Ukraine cuts nuclear output after grid issue, Chornobyl briefly loses power, IAEA says
Jan 31 (Reuters) - Ukrainian nuclear power plants temporarily reduced output on Saturday after a grid issue affected power lines, the International Atomic Energy Agency said.The Chornobyl site briefly lost all off‑site power before supplies were restored, with no direct impact on nuclear safety expe...Reuters
Sat, Jan 31
Cubans under siege as US stranglehold sets in
Currency loses 10% of value in three weeksTrump pressure has cut off much of Cuba's oil supplyLines for fuel growing fast, including in HavanaLocals say change needed even as dissent remains sparseBy Dave Sherwood HAVANA, Jan 31 (Reuters) - Cubans from all walks of life are hunkering into sur...Reuters
Sat, Jan 31
Kazakhstan says oil output at Tengiz oilfield resumed
By Ksenia Orlova and Felix Light ALMATY/MOSCOW, Jan 31 (Reuters) - Oil output at Kazakhstan's huge Tengiz oilfield has been restored with five of its wells operating again so far, the energy ministry said on Saturday."Production volumes will be increased in stages, as the system parameter...Reuters
Sat, Jan 31
Kazakhstan says oil output at Tengiz oilfield resumed
MOSCOW, Jan 31 (Reuters) - Oil output at the huge Tengiz oilfield has been restored, Kazakhstan's energy ministry said on Saturday.The ministry said five wells were relaunched at the oilfield, adding that the oil output would be increased gradually. Tengiz is operated by Tengizchevroil, a join...Reuters
Sat, Jan 31
US government starts likely brief shutdown as House fails to approve deal
Shutdown in effect as House fails to act in timeSenate approves spending deal ahead of midnight deadlineShutdown buys time for lawmakers to debate immigration enforcement tacticsBy Richard Cowan, David Morgan and Nolan D. McCaskill WASHINGTON, Jan 31 (Reuters) - The U.S. government entered what i...Reuters
Sat, Jan 31
Hong Kong port operator contract violated Panama constitution, court rules
By Elida Moreno PANAMA CITY, Jan 30 (Reuters) - A contract held by a Hong Kong company to operate ports at the Panama Canal violated the Panama constitution and did not serve the public interest, the country's Supreme Court said in a Thursday decision that voided a deal made in the 1990s. The...Reuters
Sat, Jan 31
Hong Kong port operator contract violated Panama constitution, court rules
By Elida Moreno PANAMA CITY, Jan 30 (Reuters) - A contract held by a Hong Kong company to operate ports at the Panama Canal violated the Panama constitution and did not serve the public interest, the country's Supreme Court said in a Thursday decision that voided a deal made in the 1990s. The...Reuters
Sat, Jan 31
LIVESTOCK-Cattle futures fall as traders adjust positions
CHICAGO, Jan 29 (Reuters) - CME live and feeder cattle futures ended lower on Friday as traders adjusted their positions at the end of the month, and lean hogs weakened on technical buying, analysts said. Feeder cattle futures have received additional pressure, said Karl Setzer, co-founder of Consu...Reuters
Sat, Jan 31
US says 9th motorist killed in crash with faulty replacement air bag
By David ShepardsonWASHINGTON, Jan 30 (Reuters) - The U.S. National Highway Traffic Safety Administration on Friday said a ninth motorist has been killed since 2023 by a dangerous Chinese replacement automobile air bag inflator, as the agency urges motorists and repair shops to be aware of the risks...Reuters
Sat, Jan 31
