News
Important Only
Kremlin declines to comment on reports of 'energy ceasefire' in Ukraine
MOSCOW, Jan 29 (Reuters) - Kremlin spokesman Dmitry Peskov declined to comment on Thursday on reports by Russian military bloggers and Ukrainian media that the two countries had agreed to a ceasefire in attacks on each other's energy infrastructure.Reuters
Thu, Jan 29
Gold: Rally continues with all-time highs – UOB Group
Gold prices surged to an all-time high above $5,500/oz, driven by US dollar weakness and expectations of further monetary easing from the Federal Reserve. The precious metal extended its rally, marking significant gains in recent sessions, notes UOB Global Economics & Markets Research.
Fxstreet
Thu, Jan 29
Brent: Prices rise amid geopolitical tensions – Deutsche Bank
Deutsche Bank's report notes that Brent Oil prices have increased due to rising geopolitical tensions, particularly concerning Iran. The report mentions that Brent is trading at its highest since late-September, with a notable rise of 1.23% and further gains observed in the following morning.
Fxstreet
Thu, Jan 29
Singapore fuel oil inventories extend slide to over eight-month lows
SINGAPORE, Jan 29 (Reuters) - Singapore onshore fuel oil stockpiles fell to their lowest in more than eight months as imports slumped for the week, data showed on Thursday. Inventories slipped 14.7% from the previous week to 19.94 million barrels (about 3.14 million metric tons) in the week to Janu...Reuters
Thu, Jan 29
Glencore reports 2025 copper output fell 11% as Rio Tinto tie-up looms
Market awaits possible takeover offer from Rio TintoGlencore aims to increase copper output through new and restarted minesCobalt output also declines LONDON, Jan 29 (Reuters) - Glencore's GLEN.L copper production declined by 11% in 2025, though higher copper grades and recoveries at several ...Reuters
Thu, Jan 29
TABLE-North Sea gas maintenance schedule: Revises Barrow (North Terminal) outage
Jan 29 (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
Thu, Jan 29
Glencore reports 11% drop in 2025 copper output
LONDON, Jan 29 (Reuters) - Glencore GLEN.L on Thursday reported an 11% decline in copper production for 2025, though higher copper grades and improved recoveries at several mines boosted output in the second half.The company said 2025 copper production was 851,600 metric tons, the lower end of its e...Reuters
Thu, Jan 29
FACTBOX-More than 296,000 customers still without power as winter storm freezes much of the US
Jan 29 (Reuters) - A severe winter storm that brought heavy snow, sleet and freezing rain has left more than 296,000 homes and businesses without power across a swath of the U.S., from the Ohio Valley and mid-South region to New England. The hardest-hit utilities included Nashville Elec...Reuters
Thu, Jan 29
Taiwan military practices repelling a Chinese assault from the sea
Taiwan military carrying out pre-Lunar New Year drillsTaiwan focusing more on combat-oriented exercisesChina's latest war games around Taiwan were in late DecemberBy Yi-Chin Lee and Ann Wang KAOHSIUNG, Taiwan, Jan 29 (Reuters) - Taiwan's military on Thursday simulated repelling a Chinese ...Reuters
Thu, Jan 29
Poland - Factors to Watch January 29
WARSAW, Jan 29 (Reuters) - The following are significant news stories, press reports and events on Thursday. ALL TIMES GMT (Poland: GMT + 1 hour):MEETING OF MINISTERSMinisters from six leading European economies including Germany and France vowed to be the drivers of European progress as they tackle...Reuters
Thu, Jan 29
ROI-Europe's gas storage is draining, but prices reflect no urgency: Bousso
By Ron Bousso LONDON, Jan 29 (Reuters) - Europe’s vast natural gas storage network is set to exit winter at its lowest level in years, yet market prices indicate a complacency starkly at odds with the enormous challenge traders face in refilling inventories.Replenishing underground storage has be...Reuters
Thu, Jan 29
Kazakhstan says Chevron promises Tengiz will be operated reliably and safely
MOSCOW/ALMATY, Jan 29 (Reuters) - Kazakhstan said on Thursday that U.S. oil major Chevron CVX.N had assured the government it would take measures to ensure the reliable and safe operation of facilities at the Tengiz oilfield.Kazakhstan said on Wednesday it was restarting the huge Tengiz oilfield in ...Reuters
Thu, Jan 29
TECHNICALS-CBOT corn may climb into $4.35 to $4.39-1/4 range
SINGAPORE, Jan 29 (Reuters) - CBOT March corn CH26 may climb into a range of $4.35 to $4.39-1/4 per bushel, as it has broken a resistance at $4.30-3/4.The current rise is tentatively classified as a bounce against the drop from $4.53. The bounce closely observes a series of retracements on the fall....Reuters
Thu, Jan 29
Pakistan becomes latest Asian country to introduce checks for deadly Nipah virus
India confirmed two infections in late DecemberVietnam, Thailand, Singapore, Hong Kong, Malaysia and Indonesia have also tightened screeningNipah has high mortality rate but not easily transmitted By Mubasher Bukhari and Francesco Guarascio LAHORE/HANOI, Jan 29 (Reuters) - Authorities in Pakista...Reuters
Thu, Jan 29
TECHNICALS-CBOT soybeans to retest resistance at $10.83-1/2
For more technical analyses, please click SINGAPORE, Jan 29 (Reuters) - The CBOT soybean March contract SH26 is expected to retest resistance at $10.83-1/2 per bushel; a break above that level could lead to a gain to $10.91-1/2. The contract is riding on a wave c from $10.37-3/4, which has briefly ...Reuters
Thu, Jan 29
