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US threatens to starve Iraq of its oil dollars over Iranian influence, sources say
US pushes Iraqi politicians to steer clear of armed groups in new gov't, sources sayIraq told to exclude Iran-linked MPs from cabinetUS controls Iraq's oil revenue dollars via Federal Reserve BankBy Maha El Dahan, Timour Azhari and Humeyra Pamuk DUBAI/WASHINGTON, Jan 23 - Washington has t...Reuters
Fri, Jan 23
North Dakota crude output down on cold weather snap, state regulator says
HOUSTON, Jan 23 - North Dakota crude output is currently down by 80,000 barrels per day to 110,000 bpd as operators shut production in due to cold weather, the state regulator said on Friday. "It is warming up next week so I don't anticipate any long term production impacts," said Justin...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
US oilfield service firm SLB says it can rapidly boost Venezuela operations
SLB says it is receiving lots of inquiries from customers about VenezuelaCompany had over $1 billion in annual revenue from Venezuela a decade agoRival Halliburton has said it is working through mechanics around licensesBy Arathy Somasekhar and Tanay Dhumal HOUSTON, Jan 23 (Reuters) - U.S. oilfie...Reuters
Fri, Jan 23
METALS-Copper hits one-week high amid weak dollar, tin at record high
Copper stocks in LME, Comex, SHFE at highest since 2018Tin hits a record high on speculative demandBy Polina Devitt LONDON, Jan 23 (Reuters) - Copper prices rose on Friday, getting support from a weaker dollar, growth in other metals and setting aside for now signs of rising stock availability fo...Reuters
Fri, Jan 23
US naphtha begin arriving in Venezuela to reanimate heavy oil output, ship data showed
By Marianna ParragaHOUSTON, Jan 23 (Reuters) - The first naphtha cargo for Venezuela as part of an oil deal agreed between Caracas and Washington this month arrived on Friday in the country's waters in a tanker chartered by trading house Vitol, ship tracking data showed.This month, after the U.S...Reuters
Fri, Jan 23
PRECIOUS-Silver hits record high above $100/oz as gold closes in on $5,000 milestone
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 ever on Friday, while gold hit another record en rou...Reuters
Fri, Jan 23
Snow starts falling in Texas, Oklahoma as eastern US braces for winter storm
By Rich McKay and Julia HarteJan 23 - Heavy snow was falling over Northwest Texas and Oklahoma City on Friday morning as a major winter storm began moving east across the U.S., bringing deadly cold and the threat of power outages and treacherously icy roads to almost half the nation's population...Reuters
Fri, Jan 23
US targets Iran's 'shadow fleet' over crackdown on protesters
US targets nine vessels in the shadow fleetTreasury: the revenues fund regional militants, weapons programsBy Daphne Psaledakis and Timothy Gardner WASHINGTON, Jan 23 (Reuters) - The United States on Friday imposed sanctions on nine vessels of what is known as the shadow fleet and eight related f...Reuters
Fri, Jan 23
Swiss gold firm MKS PAMP to finalise US expansion plans this year
By Dave Graham DAVOS, Switzerland, Jan 23 (Reuters) - Swiss-based MKS PAMP expects to firm up plans to increase U.S. gold refining capacity this year, CEO James Emmett told Reuters, predicting demand would push prices to new records.The precious metals firm has been expanding its operations in Ok...Reuters
Fri, Jan 23
SLB tops quarterly profit estimates, signals readiness to expand in Venezuela
By Tanay Dhumal and Arathy Somasekhar Jan 23 (Reuters) - SLB SLB.N beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and said it can rapidly ramp up activities in Venezuela.Shares were up 1.3%...Reuters
Fri, Jan 23
PRECIOUS-Silver hits record high above $100/oz as gold closes in on $5,000 milestone
Gold hits record high of $4,967.03/ozPlatinum attracting demand as cheaper alternative to gold - HSBCSilver up around 147% last yearBy Ashitha Shivaprasad and Kavya BalaramanJan 23 (Reuters) - Silver prices rose above $100 an ounce for the first time ever on Friday, while gold hit another record en-...Reuters
Fri, Jan 23
Michigan sues oil companies, saying they colluded to restrain EV competition
WASHINGTON, Jan 23 (Reuters) - Michigan Attorney General Dana Nessel on Friday filed an antitrust lawsuit against four major oil companies, asserting they have colluded for decades to forestall competition from renewable energy, including electric vehicles.The suit names BP, Chevron, Exxon, Shell an...Reuters
Fri, Jan 23
Silver Price Forecast: Record all-time high above $100.00
Silver prices had reached the $100.00 milestone, recording an all-time high of $100.33, before retreating towards the triple digit figure. On Friday, the grey metal post gains of close to 4% after bouncing off daily lows of $96.14.
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Fri, Jan 23
BREAKINGVIEWS-US energy dominance would make for a clumsy weapon
By Robert CyranNEW YORK, Jan 23 (Reuters Breakingviews) - Greenland deal or no, the international order is fraying. As the Trump administration ramped up – before stepping back from – brazen territorial claims, Canadian Prime Minister Mark Carney captured the mood at the World Economic Forum in Davo...Reuters
Fri, Jan 23
US extends sanctions waiver to Serbia's Russian-owned refiner NIS, state TV says
BELGRADE, Jan 23 (Reuters) - The U.S. Treasury Department has extended a sanctions waiver on Serbia's Russian-owned NIS NIIS.BEL oil company, giving the Balkan country another month to import much needed winter fuel supplies, state-run RTS TV said on Friday. The U.S. Office of Foreign Assets Con...Reuters
Fri, Jan 23
New US sanctions hit Iran-related oil and gas entities, tankers
WASHINGTON, Jan 23 (Reuters) - The Trump administration issued a fresh round of Iran-related sanctions on Friday, targeting nine tankers and eight entities, according to a posting on the U.S. Treasury Department website.The action comes after President Donald Trump on Thursday renewed threats agains...Reuters
Fri, Jan 23
UK and U.S. sign nuclear deal to develop Pegasus transport cask
LONDON, Jan 23 (Reuters) - Britain said on Friday Nuclear Transport Solutions and U.S.-based Westinghouse have signed a strategic agreement to collaborate on the development of Pegasus, a transport cask for high-assay uranium fuel."Not only does this improve our energy security at home and reduc...Reuters
Fri, Jan 23
India eyes better oil deals as Russian imports slow, minister says
By Nidhi Verma NEW DELHI, Jan 23 (Reuters) - India can leverage its growing energy demand to negotiate better oil and gas supply deals, Oil Minister Hardeep Singh Puri said on Friday, as its refiners continue seeking alternatives to Russian oil.India became the top buyer of discounted Russian sea...Reuters
Fri, Jan 23
Vitol-chartered naphtha cargo arrives in Venezuelan waters, ship data showed
HOUSTON, Jan 23 (Reuters) - A tanker chartered by trading house Vitol carrying some 460,000 barrels of U.S. heavy naphtha for Venezuela as part of a key supply deal between Caracas and Washington arrived on Friday in the country's waters, ship tracking data showed.Reuters
Fri, Jan 23
