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US natgas futures surge over 68% this week on frigid weather forecasts
By Noel John Jan 23 (Reuters) - U.S. natural gas futures rose 4.6% on Friday, pushing the weekly gain past 68%, lifted by forecasts for extreme cold over the next two weeks that is seen driving heating demand close to levels while freezing oil and gas wells, cutting output. Front-month gas f...Reuters
Fri, Jan 23
Delta Air Lines urges travelers to rebook as Winter Storm Fern threatens weekend flights
Jan 23 (Reuters) - Delta Air Lines DAL.N on Friday urged passengers traveling this weekend to reschedule their flights as Winter Storm Fern threatens to disrupt operations and force widespread cancellations.Winter Storm Fern is disrupting U.S. air travel, prompting airlines to cancel flights, warn o...Reuters
Fri, Jan 23
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
Fri, Jan 23
At Davos dinner with Eric Trump and others, African president pitches business deals
By David Gauthier-Villars DAVOS, Switzerland, Jan 22 (Reuters) - The president of Somaliland was at the World Economic Forum this week to win international recognition for and pitch investment opportunities in his breakaway region.At a closed-door dinner on the sidelines of the World Economic For...Reuters
Fri, Jan 23
EXCLUSIVE-Mexico weighs stopping oil shipments to Cuba amid concerns of Trump retaliation, sources say
Trump's threats prompt Mexico to reconsider Cuba oil aid, sources sayMexico fears US unilateral action after Venezuelan incidentCuban doctors agreement under scrutiny amid US pressureBy Diego OréMEXICO CITY, Jan 23 (Reuters) - The Mexican government is reviewing whether to keep sending oil to Cu...Reuters
Fri, Jan 23
Gold rockets to $4,988 as USD crashes on Yen intervention rumors
Gold (XAU/USD) surges during the North American session on Friday, up by over 1% as the US Dollar (USD) gets smashed on intervention rumors to propel the Japanese Yen (JPY) in the FX markets, amid an improvement in risk appetite that pushed the yellow metal to fresh all-time highs at $4,988.
Fxstreet
Fri, Jan 23
CORRECTED-In Davos, African president pitches business deals to Trump’s son Eric
By David Gauthier-Villars DAVOS, Switzerland, Jan 22 (Reuters) - The president of Somaliland was at the World Economic Forum this week to win international recognition for and pitch investment opportunities in his breakaway territory.One of his main meetings, according to an aide, was with Eric T...Reuters
Fri, Jan 23
Trump administration weighs naval blockade to halt Cuban oil imports, Politico reports
Jan 23 (Reuters) - U.S. President Donald Trump's administration is considering imposing a total blockade on oil imports to Cuba as part of possible new tactics to drive regime change in the Caribbean country, Politico reported on Friday, citing three people it said were familiar with the plan.Wh...Reuters
Fri, Jan 23
GRAINS-CBOT grains and oilseeds extend gains as cold weather hits US
By Renee Hickman Jan 23 (Reuters) - Chicago grain and oilseed futures rose on Friday as severe cold in U.S. and other areas of the world raised fears about damage to crops and disruptions to processing plants. Large corn sales kept the focus on the brisk export pace of that commodity, ac...Reuters
Fri, Jan 23
Delta Air Lines urges travellers to rebook as Winter Storm Fern threatens weekend flights
Jan 23 (Reuters) - Delta Air Lines DAL.N on Friday urged passengers travelling this weekend to reschedule their flights as Winter Storm Fern threatens to disrupt operations and force widespread cancellations.Reuters
Fri, Jan 23
Delta Air Lines Says Additional Flight Cancellations Expected Due to Winter Storm Fern
Jan 24 (Reuters) - Delta Air Lines Inc DAL.N:DELTA AIR LINES INC - CUSTOMERS CAN EXPECT CANCELLATIONS IN THE OHIO AND TENNESSEE VALLEYS, NASHVILLE AND RALEIGH-DURHAMDELTA AIR LINES INC: EXPECT ADDITIONAL SCHEDULE ADJUSTMENTS FOR ATLANTA AND THE NORTHEAST REGIONS TOMORROW MORNING - WEBSITEDELTA AIR L...Reuters
Fri, Jan 23
PRECIOUS-Silver hits record high above $100/oz as gold closes in on $5,000 milestone
Spot gold hits record high of $4,988.17/ozPlatinum attracting demand as cheaper alternative to gold - HSBCPalladium gains over 4% By Ashitha Shivaprasad and Kavya Balaraman Jan 23 (Reuters) - Silver prices rose above $100 an ounce for the first time on Friday, while gold hit another record en rou...Reuters
Fri, Jan 23
California suing Trump administration over Sable oil pipeline restart
Jan 23 (Reuters) - California's attorney general on Friday said the state was suing the Trump administration for asserting federal authority over two state pipelines and permitting Sable Offshore SOC.N to restart pumping oil through them.The lawsuit is the latest turn in a dispute between Sable ...Reuters
Fri, Jan 23
EXCLUSIVE-Valero, Phillips 66 buy Venezuelan oil cargoes as part of Washington's deal with Caracas
Venezuelan crude was purchased from Vitol, sources sayOil traded for delivery to the U.S. Gulf Coast at a discount of $8.50 to $9.50 a barrel to BrentBy Georgina McCartney and Arathy SomasekharHOUSTON, Jan 21 (Reuters) - Valero VLO.N has bought a cargo of Venezuelan crude oil, two sources said on We...Reuters
Fri, Jan 23
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
By Scott DiSavino NEW YORK, Jan 23 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose b...Reuters
Fri, Jan 23
US Cash Grains-Corn, soy basis flat-down as winter storm hits Farm Belt
CHICAGO, Jan 23 (Reuters) - Spot basis bids for corn and soybeans were steady to lower in the U.S. Midwest on Friday as a winter storm and frigid temperatures slowed grain transportation, dealers said.Temperatures fell below negative 20 degrees Fahrenheit (-29 Celsius) across much of Minnesota, Nort...Reuters
Fri, Jan 23
EU wheat higher with weather and exports in focus
PARIS, Jan 23 (Reuters) - Euronext wheat rose on Friday in step with Chicago futures as severe cold in United States and Russia raised the risk of crop damage, while export news pointed to steady international demand, traders said.March milling wheat BL2H6, the most active position on Euronext's...Reuters
Fri, Jan 23
Europe Gasoline/Naphtha-Gasoline refining margins drop on stockbuilds
LONDON, Jan 23 (Reuters) - Northwest European gasoline refinery profit margins fell by $2.21 to $8.31 a barrel on Friday on high stocks. About 16,000 metric tons of Eurobob E5 gasoline traded on barges in the Argus window, as ExxonMobil, Equinor, TotalEnergies and Glencore sold to BP, Shell and MB E...Reuters
Fri, Jan 23
FACTBOX-How silver is traded, from stocks and shares to coins and bars
Jan 23 (Reuters) - Silver rose above $100 an ounce for the first time ever as investors rushed to safe-haven assets amid geopolitical turmoil and on expectations for U.S. interest rate cuts. The metal was up 147% last year, also driven by strong investment demand, ongoing challenges in scaling u...Reuters
Fri, Jan 23
