News
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Zijin Gold to buy Allied Gold for C$5.5 billion
Jan 26 (Reuters) - Zijin Gold International 2259.HK has agreed to buy Allied Gold AAUC.TO in an all-cash deal valuing the Canadian miner at about C$5.5 billion ($4.02 billion), the companies said on Monday.($1 = 1.3676 Canadian dollars)Reuters
Mon, Jan 26
RPT-ROI-When the US freezes, the global LNG market catches a cold: Bousso
By Ron Bousso LONDON, Jan 26 (Reuters) - An Arctic blast sweeping across the U.S. Northeast and Midwest has triggered a sharp rally in natural gas prices on fears of production disruptions. The spike has reverberated across overseas markets, underlining the growing globalization of the U.S.-domin...Reuters
Mon, Jan 26
US oil capital Houston buzzes as industry limbers up for Venezuela oil rush
Houston firms eye Venezuela's vast oil reserves amid political uncertaintySmaller investors see Venezuela as high-risk, high-reward opportunityUS sanctions complicate oil trade, investment in VenezuelaBy Arathy Somasekhar and Nathan Crooks HOUSTON, Jan 26 (Reuters) - In a downtown Houston ba...Reuters
Mon, Jan 26
RPT-EXCLUSIVE-Barrick's North America spin-off hinges on Newmont's approval, documents show
Newmont holds first refusal rights on Barrick's Nevada Gold Mines stakeBarrick's restructuring includes IPO of North American assetsBarrick seeks new CEO amid investor confidence restoration effortsBy Divya Rajagopal TORONTO, Jan 23 (Reuters) - Canadian miner Barrick's efforts to spin...Reuters
Mon, Jan 26
RPT-ROI-'Battle for the Fed' heats up to challenge rate horizon: Mike Dolan
By Mike Dolan LONDON, Jan 26 (Reuters) - The battle for Federal Reserve independence has already gone up several gears this year, yet the central bank is showing little sign of capitulation - and now it has support from the Supreme Court and senior politicians.Whether that has emboldened the Fed ...Reuters
Mon, Jan 26
Winter storm snarls US travel, forces mass flight cancellations
By Shivansh TiwaryJan 26 (Reuters) - A powerful winter storm sweeping across much of the United States forced airlines to cancel thousands of flights and delayed hundreds on Monday, as freezing rain and heavy snowfall disrupted travel and snarled transportation networks.Over 3,600 flights were cance...Reuters
Mon, Jan 26
Gold: Strong week ahead – Deutsche Bank
Deutsche Bank's Early Morning Reid Macro Strategy report highlights a significant rise in Gold prices, which have surged by +8.52%, nearing the $5,000 level. The report notes that geopolitical concerns have contributed to this upward momentum.
Fxstreet
Mon, Jan 26
Aercap CEO warns against overreacting to geopolitical turmoil
DUBLIN, Jan 26 (Reuters) - The head of the world's largest aircraft leasing company, AerCap AER.N, cautioned on Monday against overreacting to recent geopolitical and economic uncertainty and said the aviation financing industry worked on secure long-term cycles.Speaking to Reuters ahead of the ...Reuters
Mon, Jan 26
Saudi Aramco gives initial price guidance for four-tranche bonds
Jan 26 (Reuters) - Saudi Aramco has offered indicative pricing for four-tranche dollar-denominated bonds, a term sheet seen by Reuters showed on Monday, a deal likely to raise billions of dollars for the world's top oil exporter.The indicative price for the three-year debt sale has been set at a...Reuters
Mon, Jan 26
Americans hunker down, help each other under blizzard and brutal cold
Power outages across southern states, Tennessee worst hitResidents volunteer to help the needy and homeless'Feel free to throw snowball at me' quips NY mayor as he shuts schoolsBy Blake Brittain and Eric Cox WASHINGTON/TULSA, Oklahoma Jan 26 (Reuters) - Tens of millions of Americans hunke...Reuters
Mon, Jan 26
Tengiz oilfield to resume output in near future, Kazakhstan's energy ministry says
ALMATY, Jan 26 (Reuters) - Kazakhstan's energy ministry said on Monday that the vast Tengiz oilfield is preparing to resume oil output in the near future, and that production at the Korolevskoye oilfield has already resumed.Reuters
Mon, Jan 26
Saudi Aramco gives initial price guidance for four-tranche bonds, IFR reports
BANGALORE, Jan 26 (Reuters) - Saudi Aramco has offered indicative pricing for four-tranche dollar–denominated bonds, fixed income news service IFR reported on Monday.The indicative price for the three-year debt sale has been set at around 100 basis points over U.S. Treasuries, the five-year comes wi...Reuters
Mon, Jan 26
TABLE-North Sea gas maintenance schedule: Adds Rough Storage Facility outage
Jan 26 (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
Mon, Jan 26
WTI remains stronger near $61.00 as supply concerns rise
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $61.10 during the early European hours on Monday. Crude prices move higher, supported by slowing Russian fuel Oil exports and supply disruptions in key United States (US) producing regions.
Fxstreet
Mon, Jan 26
Tengizchevroil says it is gradually restarting Tengiz production
ALMATY, Jan 26 (Reuters) - Tengizchevroil, which operates Kazakhstan's giant Tengiz oilfield, said on Monday that it was gradually restarting production at the field, and working to gradually increase output after a fire at a power unit caused an outage.Reuters
Mon, Jan 26
TECHNICALS-CBOT corn may test resistance at $4.32-1/4
SINGAPORE, Jan 26 (Reuters) - CBOT March corn CH26 may test resistance at $4.32-1/4 per bushel, a break above which could trigger a gain into $4.33-1/2 to $4.34-1/4 range.A projection analysis on the uptrend from $4.19-3/4 reveals a break above the resistance at $4.30-1/2, the 138.2% projection leve...Reuters
Mon, Jan 26
ROI-When the US freezes, the global LNG market catches a cold: Bousso
By Ron Bousso LONDON, Jan 26 (Reuters) - An Arctic blast sweeping across the U.S. Northeast and Midwest has triggered a sharp rally in natural gas prices on fears of production disruptions. The spike has reverberated across overseas markets, underlining the growing globalization of the U.S.-domin...Reuters
Mon, Jan 26
