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EXCLUSIVE-Carlyle in talks with potential UAE partners on Lukoil assets, sources say
Mubadala, XRG and IHC in discussions with Carlyle, sources sayDeal includes assets from Iraq oilfields to Eastern EuropeLukoil still talking to other partiesBy Shadia Nasralla and Anna Hirtenstein LONDON, Jan 30 (Reuters) - U.S. private equity firm Carlyle CG.O has begun exploratory talks with UA...Reuters
Fri, Jan 30
PRECIOUS-Gold set for steepest daily drop since 1983; silver eyes worst day ever
Precious metals remain on course for monthly gainsTrump announces Kevin Warsh as new Fed Chair Gold hit record high of $5,594.82 on ThursdayBy Anmol Choubey Jan 30 (Reuters) - Gold fell on Friday and was headed for its steepest daily fall since 1983 after U.S. President Donald Trump announced...Reuters
Fri, Jan 30
Chilean authorities gear up to remove workers from Mantoverde plant as strike continues
SANTIAGO, Jan 30 (Reuters) - A Chilean court on Friday authorized authorities to use force to remove striking workers from a desalination plant serving Capstone Copper's CS.TO Mantoverde copper and gold mine, escalating a labor dispute hours after workers voted to reject the company's latest...Reuters
Fri, Jan 30
GRAINS-Chicago grain prices fall amid profit-taking and dollar rebound
Grains pressured by profit-taking, dollar rebounds after four-year lowWheat supported by short-covering, cold weather in US and Black SeaArgentina's crops need rain, Brazil's soybean harvest tempers concernsBy Renee Hickman CHICAGO, Jan 30 (Reuters) - Chicago corn, soybean and wheat ...Reuters
Fri, Jan 30
Citi sees gold supported by risks, with some fading expected later in 2026
Jan 30 (Reuters) - Gold investment allocations are being underpinned by a broad mix of overlapping geopolitical and economic risks, but around half of the risk may fade later this year, Citi said on Friday.Some of the core risks supporting gold demand - including U.S.-China tensions, China–Taiwan ri...Reuters
Fri, Jan 30
EU wheat hits two-month high as euro and weather weigh
PARIS, Jan 30 (Reuters) - Benchmark wheat prices on Euronext rose to a two-month high on Friday as the euro fell against a rebounding dollar, while intense cold forecast in Ukraine raised concern about crop losses, dealers and analysts said.March milling wheat BL2H6, the most-active position on Euro...Reuters
Fri, Jan 30
US drillers add oil and gas rigs for second week in a row, Baker Hughes says
Rig count highest since December, despite being 6% below last yearOil rigs steady, gas rigs rise to highest since DecemberEIA projects crude output to ease, gas output to rise in 2026By Scott DiSavino NEW YORK, Jan 30 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a se...Reuters
Fri, Jan 30
Gold tanks below $5,000 as Warsh Fed pick, US inflation weigh
Gold price (XAU/USD) extends its losses on Friday, plunges nearly 10% to sink below $4,900 after US President Donald Trump revealed his pick for Fed Chair, while a hot inflation reading in the US justified the Federal Reserve’s (Fed) decision on Wednesday to keep rates steady.
Fxstreet
Fri, Jan 30
WTO panel backs China in case against US clean energy subsidies
BERLIN/GENEVA, Jan 30 (Reuters) - A World Trade Organization panel on Friday backed a complaint by China, recommending changes to U.S. tax credits for clean energy that Beijing said discriminated against imports. The panel's report recommended the United States withdraw the measures under the In...Reuters
Fri, Jan 30
US drillers add oil and gas rigs for second week in a row, says Baker Hughes
NEW YORK, Jan 30 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a row for the first time since December, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Jan 30
Imperial Oil shares fall on lower profit; still little impact from Venezuelan situation, CEO says
Imperial Oil's shares drop on lower earningsCEO Whelan confident despite Venezuela-related market fearsImperial's upstream production and net income decline year-over-yearBy Amanda Stephenson and Pooja Menon Jan 30 (Reuters) - Canadian oil producer Imperial Oil's IMO.TO share pri...Reuters
Fri, Jan 30
PRECIOUS-Gold set for steepest daily drop since 1983; silver eyes worst day ever
Precious metals remain on course for monthly gainsTrump announces Kevin Warsh as new Fed Chair Gold hit record high of $5,594.82 on ThursdaySpot silver down nearly 22% By Anmol Choubey Jan 30 (Reuters) - Gold fell and was poised for its biggest daily loss since 1983 on Friday, as the dollar stren...Reuters
Fri, Jan 30
US Plains HRW Wheat-Basis bids steady as snow stalls movement
CHICAGO, Jan 30 (Reuters) - Basis bids for hard red winter wheat were steady in the U.S. Plains on Friday as snow stalled movement but lessened the risk of winterkill for the dormant wheat crop. Traders are monitoring winterkill risks for the Black Sea winter wheat crop.The U.S. Department of Agricu...Reuters
Fri, Jan 30
Europe Gasoline/Naphtha-Gasoline refining margins edge higher
LONDON, Jan 30 (Reuters) - Northwest European gasoline refinery profit margins rose slightly by 15 cents a barrel to $6.26 on Friday.About 8,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window, with ExxonMobil and Glencore selling to BP and Varo.Also, a total of 12,000 tons o...Reuters
Fri, Jan 30
METALS-Copper and other base metals fall on profit-taking
By Polina Devitt LONDON, Jan 30 (Reuters) - Copper prices fell on Friday, pressured by a stronger dollar and profit-taking as some investors locked in gains after the previous session's record high.Benchmark three-month copper CMCU3 on the London Metal Exchange dropped 3.3% to $13,161 a metri...Reuters
Fri, Jan 30
Trinidad and Tobago in talks with Indian Oil to revive refinery
Trinidad and Tobago will consider Venezuelan oil for refineryPrefers to award oil, gas blocks through direct talksIn talks with Chevron, TotalEnergies for blocks awardBy Nidhi Verma and Curtis Williams NEW DELHI/TRINIDAD, Jan 30 (Reuters) - Trinidad and Tobago is in talks with Indian Oil Corp IOC...Reuters
Fri, Jan 30
Chevron says Tengiz power outage caused by mechanical problem, not sabotage
HOUSTON, Jan 30 (Reuters) - Chevron CVX.N CEO Mike Wirth said on Friday that a power outage at the Tengiz oilfield in Kazakhstan was due to a mechanical issue and not sabotage or a cyberattack. An investigation into the cause of the outage was still ongoing, Wirth said during Chevron's fourth-qu...Reuters
Fri, Jan 30
US Cash Grains-Corn, soy basis steady as futures fall
CHICAGO, Jan 30 (Reuters) - Spot basis bids for corn and soybeans were mostly steady in the U.S. Midwest on Friday as futures ticked lower under pressure from a rising U.S. dollar, dealers reported. Harsh winter weather has slowed grain movement, while falling futures have given farmers little incen...Reuters
Fri, Jan 30
