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Macron's 'Top Gun' shades win the internet as leaders wrangle over Greenland
DAVOS, Switzerland, Jan 21 (Reuters) - Emmanuel Macron's aviator sunglasses have caught the eye, with social media users debating his choice of a "Top Gun" look as he criticised U.S. President Donald Trump over Greenland during his speech in Davos.Speaking to global elites at the annual ...Reuters
Wed, Jan 21
Azerbaijan's oil fund SOFAZ and Brookfield sign $1.4 bln cooperation agreement in Davos
BAKU, Jan 21 (Reuters) - Azerbaijan's sovereign wealth fund SOFAZ and Brookfield Asset Management BAM.N signed a long-term strategic cooperation agreement worth up to $1.4 billion on Wednesday, a spokesperson for SOFAZ told Reuters.Under the agreement, signed at meeting in Davos, SOFAZ will asse...Reuters
Wed, Jan 21
Russia's Tuapse port resumes fuel exports after suspension following drone attack, sources say
MOSCOW, Jan 21 (Reuters) - Russia's Black Sea port of Tuapse resumed oil product exports last week after a two-week suspension following a Ukrainian drone attack, according to three industry sources and LSEG data.The December 31 strike damaged one berth at the port and equipment at Rosneft’s ne...Reuters
Wed, Jan 21
Operator of Kazakhstan's Tengiz oilfield declares force majeure, letter shows
LONDON, Jan 21 (Reuters) - The operator of Kazakhstan's Tengiz oilfield, TCO, has declared force majeure on crude oil deliveries into the CPC pipeline system, according to a TCO letter seen by Reuters, after fires caused power supply problems at the field in recent days.Chevron , TC...Reuters
Wed, Jan 21
World oil market faces significant surplus in first quarter, IEA says
Global demand growth revised 70,000 bpd higher on lower tariff impacts in 2026Oil prices have risen about 6% so far this yearOPEC+ has paused output hikesBy Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the International Energ...Reuters
Wed, Jan 21
US Treasury's Bessent says he had positive meeting with Chinese official
WASHINGTON, Jan 21 (Reuters) - U.S. Treasury Secretary Scott Bessent on Wednesday said he had held a had positive discussion this week with Chinese Vice Premier He Lifeng and looked forward to meeting again soon."We held a positive discussion regarding the implementation of the economic agreemen...Reuters
Wed, Jan 21
Wright tells oil executives that Venezuela's output can rise 30%
LONDON, Jan 21 (Reuters) - U.S. Energy Secretary Chris Wright told oil company executives on Wednesday that Venezuela's output can rise 30% from current levels of 900,000 barrels per day in the short- to medium-term, three executives who attended the meeting said.Raising crude output from Venezu...Reuters
Wed, Jan 21
Halliburton beats estimates for fourth-quarter profit
Jan 21 (Reuters) - Halliburton HAL.N surpassed Wall Street expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets.The U.S. oilfield producer posted an adjusted profit of 69 cents per share for the three months ended D...Reuters
Wed, Jan 21
Almost 60% of Kyiv without power after Russian strike, Zelenskiy says
KYIV, Jan 21 (Reuters) - More than half of Ukraine's capital Kyiv remains without power after Tuesday's Russian strikes on energy facilities, President Volodymyr Zelenskiy said. "As of this morning, about 4,000 buildings in Kyiv are still without heat, and nearly 60 percent of the capita...Reuters
Wed, Jan 21
Spanish train drivers call for strike after deadly derailments
Union demands safety assurances after deadly train crashesInfrastructure operator warned of track wear before Adamuz crashCommuters face chaos, scramble for alternatives MADRID, Jan 21 (Reuters) - Spain's biggest train drivers' union on Wednesday called for a nationwide strike to demand a...Reuters
Wed, Jan 21
Indian refiners shift oil strategy; trim Russian buys and turn to MidEast
Indian refiners to gradually cut Russian oil importsOPEC's share in Indian oil imports risesBy Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, Jan 21 (Reuters) - Indian refiners are redrawing crude import strategies to shift away from top supplier Russia and boost imports from the Middle East, ...Reuters
Wed, Jan 21
RPT-ROI-Europe’s energy weak spot reemerges in Greenland dispute: Bousso
By Ron Bousso LONDON, Jan 21 (Reuters) - Spiralling trade tensions between the U.S. and Europe over President Donald Trump’s bid to buy Greenland have once again left the bloc highly vulnerable in a geopolitical tussle because of its heavy dependence on a single supplier for its critical energy n...Reuters
Wed, Jan 21
RPT-ROI-Treasury jolt may be Trump's kryptonite: Mike Dolan
By Mike Dolan LONDON, Jan 21 (Reuters) - The White House may shrug off any fallout from the simmering transatlantic trade war on U.S. stocks or even the dollar, but a surge in U.S. Treasury yields could prove especially toxic for Donald Trump's administration in a mid-term election year.Wheth...Reuters
Wed, Jan 21
Indian refiners shift oil strategy; trim Russian buys and turn to MidEast
Indian refiners to gradually cut Russian oil importsOPEC's share in Indian oil imports risesBy Nidhi Verma and Siyi Liu NEW DELHI/SINGAPORE, Jan 21 (Reuters) - Indian refiners are redrawing crude import strategies to shift away from top supplier Russia and boost imports from the Middle East, ...Reuters
Wed, Jan 21
Japan's TEPCO restarts nuclear reactor first time since Fukushima
TEPCO restarts one reactor at Kashiwazaki-Kariwa nuclear power plant, its first since Fukushima Daiichi accident in 2011Process in focus as other reactors await reviewJapan revives its nuclear industry but public acceptance, Chubu Elec restart issue clouds outlookBy Katya Golubkova TOKYO, Jan 21 ...Reuters
Wed, Jan 21
EXCLUSIVE-Chevron plans to finalise Singapore oil assets sale in Q1, sources say
Singapore assets include refinery, Penjuru terminal and retail stationsDeal may include retail stations in Cambodia and MalaysiaAssets valued at $1 billion or more, sources sayENEOS and Glencore in final round of talks, sources say By Trixie Yap, Yantoultra Ngui and Chen Aizhu SINGAPORE, Jan 21 (...Reuters
Wed, Jan 21
Murban crude prices hover at two-month high on strong demand
Wide Brent's premium to Dubai, high freight rate make Murban more competitive to US oilCPC export disruptions also support Rising demand from India to diversify away from Russian oilBy Siyi Liu SINGAPORE, Jan 21 (Reuters) - Spot premiums for Murban crude produced in the United Arab Emirates a...Reuters
Wed, Jan 21
