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Chevron to boost exports of Venezuelan oil to US in March, sources say
Chevron charters tankers to increase shipments, drain inventoriesCompany competing with Vitol, Trafigura for Venezuelan oil exportsInterim Venezuelan government seeks quick oil law reform for investmentBy Marianna Parraga and Sheila Dang HOUSTON, Jan 28 (Reuters) - Oil producer Chevron CVX.N is s...Reuters
Wed, Jan 28
Ukrainians face tough weeks as Russia targets power sector during freeze
Ukraine's power system is under constant Russian attackNorthern and eastern Ukraine face coldest winter in yearsTemperatures set to plunge again next week, forecasters say Solar plants could provide help, lawmaker says By Pavel Polityuk KYIV, Jan 28 (Reuters) - Life will be particularly tou...Reuters
Wed, Jan 28
German budget committee green-lights TKMS frigates deal, say sources
BERLIN, Jan 28 (Reuters) - Germany's budget committee approved a preliminary contract to purchase MEKO A-200 class frigates from warship builder TKMS TKMS.DE on Wednesday and will release 50 million euros ($59.70 million) for them, according to two committee members. After a years-long delay in...Reuters
Wed, Jan 28
US distillate fuel stocks rose to two-year high last week, EIA says
NEW YORK, Jan 28 (Reuters) - U.S. stocks of distillate fuel, which include diesel and heating oil, rose 329,000 barrels last week to 132.9 million barrels, the highest since January 2024, Energy Information Administration data showed on Wednesday.Stocks of distillate fuel oil along the U.S. East Coa...Reuters
Wed, Jan 28
Germany's Merz: US must not cast doubt on trade deal with EU
BERLIN, Jan 28 (Reuters) - The foundations for the ratification of a trade deal between the EU and U.S. are in place as long as Washington honours its commitments, German Chancellor Friedrich Merz said on Wednesday.After U.S. President Donald Trump withdrew new tariff threats on imports from the EU ...Reuters
Wed, Jan 28
Tyson to pay $48 million to resolve price‑fixing claims by pork buyers
By Mike Scarcella WASHINGTON, Jan 28 (Reuters) - Tyson Foods TSN.N has agreed to pay $48 million to settle a class action brought by U.S. food service companies that accused the meat industry giant of conspiring to restrict the supply of pork and fix prices.The proposed settlement was filed on Tu...Reuters
Wed, Jan 28
NY regulators oppose filings for proposed Constitution Pipeline project
Jan 28 (Reuters) - New York’s environmental regulator on Wednesday filed a notice with the Federal Energy Regulatory Committee (FERC) opposing Williams‑owned Constitution Pipeline Co.’s bid to revive its stalled natural‑gas pipeline permit.Reuters
Wed, Jan 28
FACTBOX-Gulf oil giants raise billions from infrastructure deals
DUBAI, Jan 28 (Reuters) - Raising funds from oil and gas infrastructure assets, while retaining control, is now firmly part of the playbook of Gulf Arab national oil companies, helping them raise billions of dollars for their ambitious diversification plans.Reuters reported on Wednesday that Kuwait ...Reuters
Wed, Jan 28
FOCUS-Kuwait readies $7 billion pipeline deal as Gulf turns to foreign capital
Kuwait planning $7 billion pipeline stake sale in Feb -sourcesKPC has added HSBC to list of advisers on deal -sourcesSaudi Aramco plans $4 bln power plant sale within weeks -sourcesUp to $15 bln in infrastructure deals ahead -Standard CharteredRegional pipeline deals offer annual returns of 12%-14% ...Reuters
Wed, Jan 28
US natgas futures slide 6% ahead of expiration with easing cold snap
Northeast spot power prices hit record $314/MWh amid coldGas output rises as frozen wells thaw, LSEG reportsLower 48 gas demand to fall from 169.2 bcfd to 155.0 bcfd next weekBy Scott DiSavino NEW YORK, Jan 28 (Reuters) - U.S. natural gas futures fell about 6% on Wednesday ahead of contract expir...Reuters
Wed, Jan 28
US crude production recovers after winter storm ravages output
By Georgina McCartneyHOUSTON, Jan 28 - U.S. crude oil producers were bringing wells back online on Wednesday following a severe winter storm that swept across the country over the weekend, straining energy infrastructure and power grids. Domestic crude output is now estimated to be down around 600,0...Reuters
Wed, Jan 28
Chevron to boost exports of Venezuelan oil to US to 300,000 bpd in March, sources say
HOUSTON, Jan 28 (Reuters) - Oil producer Chevron CVX.N is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some 230,000 bpd so far this month, sources with knowledge of the plans said.The U.S. company, which is the ...Reuters
Wed, Jan 28
Oil: Price breakout potential amid geopolitical risks – BNY
Bob Savage, BNY's Head of Markets Macro Strategy, notes that Oil and gasoline inventories are crucial as the market anticipates potential price breakouts. U.S. Secretary of State Marco Rubio's warning to Venezuela adds to the geopolitical risks surrounding Oil.
Fxstreet
Wed, Jan 28
GE Vernova's wind setbacks overshadow strong showing from power, electrification units
By Vallari Srivastava and Sumit SahaJan 28 (Reuters) - GE Vernova GEV.N said on Wednesday that its wind power unit might take about $250 million revenue hit this year due to installation delays at an offshore Massachusetts project and that it was expecting a drop in order backlog.The company said ...Reuters
Wed, Jan 28
PRECIOUS-Gold tops $5,300 for first time on dollar weakness ahead of Fed decision
Gold sets record high at $5,311.31 an ounceFederal Reserve policy decision due at 2 p.m. ETGold overbought but dip‑buying keeps bias to upside, analyst saysBy Anmol Choubey Jan 28 (Reuters) - Gold prices climbed above $5,300 per ounce for the first time on Wednesday, driven by economic uncertaint...Reuters
Wed, Jan 28
US upstream M&A market rebounds in Q4, hits $23.5 billion, Enverus says
Jan 28 (Reuters) - The U.S. upstream mergers and acquisitions market regained momentum after a mid-year slowdown in the fourth quarter of 2025 reaching $23.5 billion in announced deals and pushing full-year activity to $65 billion, analytics firm Enverus said on Wednesday.The rebound was driven by m...Reuters
Wed, Jan 28
CBOT Trends-Wheat up 7-10 cents, corn up 2-4 cents, soy up 9-11 cents
CHICAGO, Jan 28 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday: WHEAT - Up 7 to 10 cents per bushelCBOT wheat Wv1 headed higher on recent dollar .DXY weakness, which tends ...Reuters
Wed, Jan 28
Russian strike kills couple near Kyiv as attacks hit cities across Ukraine
Man and woman killed, four-year-old girl survivesAttack comes day after strike on passenger train Port in Odesa hit, damaging locomotive and facilitiesBy Max Hunder and Anna Pruchnicka KYIV, Jan 28 (Reuters) - Russia pounded cities across Ukraine with drones and a missile overnight, killing a cou...Reuters
Wed, Jan 28
