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ANALYSIS-Scandal tests Peru’s China ties as U.S. scrutiny intensifies
Acting President Jeri faces impeachment efforts after meetings with Chinese businessman Zhihua Yang Uproar highlights Peru’s deep economic ties to China amid rising U.S. pressurePublic support for Jeri has plunged as Peruvians wary of corruptionBy Marco AquinoLIMA, Jan 27 (Reuters) - A scandal surro...Reuters
Tue, Jan 27
EXPLAINER-What do Democrats and Republicans want in fight over ICE operations?
Senators struggling to reach deal over ICE guard railsCongress faces midnight Friday deadline for passing DHS spending billBattle comes amid deaths in MinneapolisBy Richard Cowan WASHINGTON, Jan 27 (Reuters) - Funding for the Department of Homeland Security and several other U.S. government agenc...Reuters
Tue, Jan 27
EXCLUSIVE-Chevron seeks better terms from Iraq before taking over Lukoil oilfield, sources say
Chevron seeks improved terms for West Qurna 2 oilfield, sources sayIraq nationalized operatorship of oilfield after U.S. sanctions on LukoilIraq has improved oil contract terms in deals with majors in past two yearsBy Dmitry Zhdannikov and Aref Mohammed BASRA/LONDON, Jan 27 - U.S. oil major Chevr...Reuters
Tue, Jan 27
Gold extends rally to seven days as trade war, FX fears roil markets
Gold (XAU/USD) rallies for the seventh consecutive day, up by more than 0.60% on Tuesday, sponsored by increasing geopolitical tensions sparked by the trade war and threats of a possible intervention in the FX space to boost the Japanese Yen.
Fxstreet
Tue, Jan 27
Captain of seized Venezuela-linked tanker now aboard U.S. vessel, wife's lawyer says
LONDON, Jan 27 (Reuters) - The captain of a Venezuela-linked crude oil tanker seized by the U.S. earlier this month has been taken from British territorial waters and is now aboard a U.S. coast guard vessel, a lawyer for the captain's wife said on Tuesday.The U.S. Coast Guard and U.S. military s...Reuters
Tue, Jan 27
GRAINS-Soy, wheat futures rise as dollar hits four-month low
By Tom Polansek CHICAGO, Jan 27 (Reuters) - Chicago Board of Trade wheat and soybean futures crept higher on Tuesday as a sliding U.S. dollar underpinned prices.Corn futures traded slightly lower.On Monday, wheat Wv1 set a six-week high, soybeans Sv1 a four-week peak and corn Cv1 a two-week top b...Reuters
Tue, Jan 27
BNSF Says Cold-Weather Restrictions Are Expected To Be Lifted On Northernmost Routes By Friday
Jan 27 (Reuters) - BNSF:BNSF: COLD-WEATHER RESTRICTIONS ARE EXPECTED TO BE LIFTED ON NORTHERNMOST ROUTES BY FRIDAYBNSF: FULL RECOVERY AT SOUTHERN TRANSCON IS NOT ANTICIPATED UNTIL EARLY NEXT WEEK DUE TO WINTER STORM - WEBSITEFurther company coverage: [BRKa.N]Reuters
Tue, Jan 27
FACTBOX-Deutsche Bank sees gold climbing to $6,000/oz in 2026
Jan 27 (Reuters) - Deutsche Bank said on Tuesday that gold could climb to $6,000 per ounce in 2026, citing persistent investment demand as central banks and investors increase allocations to non-dollar and real assets."In alternative scenarios, a $6,900 per ounce price would in fact be more in l...Reuters
Tue, Jan 27
EXCLUSIVE-U.S. to issue general license soon lifting some sanctions on Venezuelan oil industry, sources say
By Marianna Parraga and Jarrett RenshawHOUSTON/WASHINGTON, Jan 27 (Reuters) - U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, three sources familiar with the preparation said on Tuesday, a shift from a previous plan to grant...Reuters
Tue, Jan 27
EXCLUSIVE-U.S. to issue general license soon lifting some sanctions on Venezuelan oil industry, sources say
By Marianna Parraga and Jarrett RenshawHOUSTON/WASHINGTON, Jan 27 (Reuters) - U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, three sources close to the preparation said on Tuesday, a shift from a previous plan to grant indi...Reuters
Tue, Jan 27
Euronext wheat slips to five-week low as euro strength weighs
PARIS/HAMBURG, Jan 27 (Reuters) - Euronext wheat fell on Tuesday to a five-week low as a further jump in the euro against the dollar added to export headwinds for European wheat in a well-supplied global market, traders said.March milling wheat BL2H6 on Euronext settled 0.9% down at 187.25 euros ($2...Reuters
Tue, Jan 27
Europe Gasoline/Naphtha-Gasoline refining margins dip lower
LONDON, Jan 27 (Reuters) - Northwest European gasoline refinery profit margins fell by $1.38 a barrel to $6.94 on Tuesday, Reuters calculations showed.About 22,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window, which TotalEnergies and Trafigura sold to BP, Varo and Shell.No...Reuters
Tue, Jan 27
US Cash Grains-Soy, corn basis steady-firm amid slow grain movement
CHICAGO, Jan 27 (Reuters) - Spot basis bids for soybeans and corn were steady to firmer in the U.S. Midwest on Tuesday, reflecting demand from processors and other grain handlers, while wintry weather slowed grain movement and languishing Chicago Board of Trade futures prices curbed farmer sales, br...Reuters
Tue, Jan 27
Power plant outages leave largest US regional grid with thin operating margin
PJM reports 73% higher outages than January averageGas-fired plants in Dominion Energy zone hardest hitSpot electricity prices exceed $1,000 per MWh due to outagesBy Tim McLaughlin and Laila Kearney BOSTON/NEW YORK, Jan 27 (Reuters) - Power plant outages on the largest U.S. regional electric ...Reuters
Tue, Jan 27
Venezuela's oil reform met with flurry of proposed changes
Jan 27 (Reuters) - A commission of Venezuela's National Assembly has received more than 80 proposals from politicians, lawyers and energy associations seeking changes to a reform of the country's main oil law, sources close to the talks said, a blow for lawmakers rushing to have the reform a...Reuters
Tue, Jan 27
Return of Venezuelan crude could cut US fuel oil imports
US demand for imported fuel oil is expected to declineEuropean fuel oil cracks weaken furtherValero, Phillips 66 buy Venezuelan oil cargoesIraqi fuel oil exports to the USGC rose between 2019 and 2025, data showsBy Anushree Mukherjee and Enes Tunagur BENGALURU/LONDON Jan 27 (Reuters) - U.S. deman...Reuters
Tue, Jan 27
Trinidad's Atlantic LNG project to begin removing liquefaction unit in Q4, executive says
Atlantic LNG will decommission Train 1 due to gas shortage, inefficiencyDecommissioning won't disrupt remaining operations, says Michael DanielAtlantic LNG aims to modernize facility during decommissioning processBy Curtis WilliamsPORT OF SPAIN, Jan 27 (Reuters) - Trinidad and Tobago's flags...Reuters
Tue, Jan 27
LVMH fourth-quarter sales beat expectations as China improves
LVMH sees return to growth in China, boosting sector hopesMargins hit by currency effects, tariffs, and high gold pricesUS tourist spending in Europe declines due to weak dollarAnnual operating profit fell 9%By Helen Reid and Tassilo Hummel PARIS, Jan 27 (Reuters) - LVMH LVMH.PA, the owner of Lou...Reuters
Tue, Jan 27
LVMH fourth-quarter sales beat expectations as China improves
By Helen Reid and Tassilo HummelPARIS, Jan 27 (Reuters) - LVMH LVMH.PA, the owner of Louis Vuitton and Tiffany, sold more goods than analysts expected in the fourth quarter, boosting hopes of a luxury sector rebound even as trade tensions, a weaker dollar and high gold prices hit its margins. Total ...Reuters
Tue, Jan 27
