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WTI drifts higher above $59.50 on Kazakh supply disruptions
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.65 during the early Asian trading hours on Wednesday. The WTI price edges higher amid the escalating Greenland crisis and an unplanned outage at a major Kazakhstan field.
Fxstreet
Wed, Jan 21
Silver Price Forecast: XAG/USD holds gains near $95.00 amid safe-haven demand
Silver price (XAG/USD) hovers around an all-time high of $95.89, reached in the previous session, currently trading around $94.80 per barrel during the Asian hours on Wednesday. Precious metals, including Silver continue to attract buyers amid rising geopolitical tensions.
Fxstreet
Wed, Jan 21
Lynas suffers power outages at Australia's Kalgoorlie facility
MELBOURNE, Jan 21 (Reuters) - Lynas Rare Earths LYC.AX suffered two power outages on Tuesday at its Kalgoorlie processing facility in Western Australia, CEO Amanda Lacaze said.Power blackouts in November disrupted production in the December quarter and while some issues have been rectified they are ...Reuters
Wed, Jan 21
Halliburton takes step toward possible Venezuela return with job board posting
Halliburton seeks resumes for Venezuela opportunities, including engineers and techniciansRecruiters will have visibility to candidate information for future opportunitiesBy Arathy SomasekharHOUSTON, Jan 20 (Reuters) - Halliburton is seeking resumes for a range of positions in Venezuela, including e...Reuters
Wed, Jan 21
US Cash Products-Gulf Coast conventional gasoline falls on pipeline cycle change
NEW YORK, Jan 20 (Reuters) - Cash differentials for conventional gasoline blendstock fell in the U.S. Gulf Coast on Tuesday after trading rolled over to the seventh annual cycle of product deliveries to New York Harbor on the Colonial Pipeline, traders said.Colonial Pipeline's seventh cycle will...Reuters
Wed, Jan 21
US Cash Crude-Grades mixed on the first day of the roll period
HOUSTON, Jan 20 (Reuters) - Grades were mixed on Tuesday, dealers said, on the first day of the volatile roll trading period. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. crude futures contract.Pric...Reuters
Wed, Jan 21
EXCLUSIVE-Cenovus considers selling some Alberta assets valued around C$3 billion, sources say
By Shariq Khan NEW YORK, Jan 20 (Reuters) - Canadian oil producer Cenovus Energy CVE.TO is considering a sale of conventional oil and gas assets in the Deep Basin of Alberta as it looks to cut debt after the recent takeover of oil sands rival MEG Energy, two sources familiar with the matter t...Reuters
Wed, Jan 21
Valero Reports Maintenance Activities at McKee, Texas Refinery
Jan 20 (Reuters) - Valero VLO.N:REPORTS EMISSIONS FROM FCCU STACK VENT V-20 AT MCKEE, TEXAS, REFINERY REPORTS MAINTENANCE ACTIVITIES IN COMPLEX 1SAYS REFINERY PERSONNEL FOLLOWED ESTABLISHED PROCEDURES TO CARRY OUT A CONTROLLED AND MANAGED RESPONSE TO MINIMIZE EMISSIONSREFINERY CAPACITY: 195,000 BARR...Reuters
Wed, Jan 21
Gold Price Forecast: XAU/USD rises above $4,750 amid US-Europe tensions
Gold price ( XAU/USD) climbs to near $4,775 during the early Asian trading hours on Wednesday. The precious metal extends the rally and is poised for another record high amid a time of political and economic uncertainty.
Fxstreet
Wed, Jan 21
WTI oil prices fall as risks from Kazakh production halt subside
TOKYO, Jan 21 (Reuters) - West Texas Intermediate crude oil prices CLc1 fell on Wednesday as pressure from geopolitical tensions and an expected build up in U.S. crude inventories outweighed a temporary halt in output at two large fields in Kazakhstan.WTI for March fell 79 cents, or 1.31%, to $59.57...Reuters
Wed, Jan 21
Rio Tinto's fourth-quarter iron ore, copper output beat estimates
Rio reports iron ore output, including IOC, of 336.6 million tonsVale has said it will reach top end of output forecast of 335 million tonsRio has until Feb 5 to declare formal offer for Glencore By Melanie Burton MELBOURNE, Jan 21 (Reuters) - Rio Tinto RIO.AX beat expectations on Wednesday for q...Reuters
Wed, Jan 21
LIVESTOCK-CME cattle futures tick up after last week's screwworm fears
By Julie IngwersenCHICAGO, Jan 20 (Reuters) - Cattle futures on the Chicago Mercantile Exchange ticked up on Tuesday after concerns last week that the New World screwworm parasite might cross the border from Mexico into the U.S. cattle herd. Those rumors were later debunked, analysts said. CME Febru...Reuters
Tue, Jan 20
CIF/FOB Gulf Grain-Soybean barge basis steady-up on good demand, firm freight
CHICAGO, Jan 20 (Reuters) - Basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals were steady to higher on Tuesday on good exporter demand and firmer freight costs, while corn basis bids were narrowly mixed, traders said.Spot barge freight rates were steady to higher on Tuesday as lo...Reuters
Tue, Jan 20
US Plains HRW Wheat-Protein premiums firm; wintry weather eyed
CHICAGO, Jan 20 (Reuters) - Basis bids for hard red winter (HRW) wheat held steady at grain elevators in the southern U.S. Plains on Tuesday, spot checks showed, while protein premiums were flat to higher, typically a sign of demand from domestic flour mills.Protein premiums for railcar wheat to or ...Reuters
Tue, Jan 20
Pan American Silver Achieves 2025 Production Guidance And Provides Guidance For 2026
Jan 20 (Reuters) - Pan American Silver Corp PAAS.TO:PAN AMERICAN SILVER ACHIEVES 2025 PRODUCTION GUIDANCE AND PROVIDES GUIDANCE FOR 2026PAN AMERICAN SILVER CORP - 2026 GOLD PRODUCTION EXPECTED BETWEEN 700.0 TO 750.0 THOUSAND OZPAN AMERICAN SILVER CORP - 2026 SILVER PRODUCTION EXPECTED BETWEEN 25.0 T...Reuters
Tue, Jan 20
Energy Fuels to buy Australian Strategic Materials in a $300 million deal
Jan 21 (Reuters) - Uranium and critical minerals miner Energy Fuels UUUU.A will acquire rare earth producer Australian Strategic Materials ASM.AX in a deal valuing the Australian firm's equity at A$447 million ($300.88 million), the two parties said in separate statements on Wednesday.($1 = 1.48...Reuters
Tue, Jan 20
WRAPUP 5-Trump, sharing leaked texts and AI mock-ups, vows 'no going back' on Greenland
Trump's Greenland ambition threatens NATO unity, trade tiesMacron demands respect, not 'bullies' Trump: 'we will work something out'EU Commission chief calls for new, 'independent' EuropeRussia questions Danish sovereignty over GreenlandWall Street slides as Greenland sta...Reuters
Tue, Jan 20
