News
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Western Midstream renegotiates Occidental contracts, to get $610 million in unit transfer
Jan 20 (Reuters) - Western Midstream Partners WES.N said on Tuesday it has renegotiated contracts with Occidental Petroleum OXY.N for natural gas gathering and processing in the Delaware Basin . Occidental will transfer 15.3 million Western Midstream common units valued at about $610 million, reduci...Reuters
Tue, Jan 20
Gold soars past $4,700 as geopolitical and trade tensions escalate
Gold (XAU/USD) hits yet another record high on Tuesday, climbing above the $4,700 psychological mark as rising geopolitical tensions drive strong safe-haven demand. At the time of writing, XAU/USD trades around $4,730, up nearly 1.25% for the day.
Fxstreet
Tue, Jan 20
RPT-ROI-Trump's embrace of oil industry is turning into an awkward grip: Bousso
By Ron Bousso LONDON, Jan 20 (Reuters) - President Donald Trump has lavished the U.S. oil industry with favourable policies since returning to the White House, but his twin demands for cheap oil and “energy dominance” are increasingly colliding with companies’ bottom lines.Over the past year, the...Reuters
Tue, Jan 20
RPT-ROI-'Inoculated' markets should be wary of mutating tariff virus: Mike Dolan
By Mike Dolan LONDON, Jan 20 (Reuters) - World markets' tame reaction to President Donald Trump's alarming plan to increase import barriers on European countries opposed to a U.S. takeover of Greenland suggests investors have become inured to the White House's serial tariff threats. B...Reuters
Tue, Jan 20
IAEA says Ukraine's Chornobyl nuclear plant lost all off-site power on Tuesday
Jan 20 (Reuters) - Ukraine's Chornobyl nuclear power plant, site of the world's worst civil nuclear catastrophe, lost all off-site power following widespread military activity on Tuesday morning, the UN atomic watchdog said in a post on X.The International Atomic Energy Agency (IAEA) said th...Reuters
Tue, Jan 20
Trump threatens 200% tariffs on French wines to get Macron on Board of Peace
Source said Macron intends to decline invitationTrump's board intended to address Gaza and expand to other conflictsUS is the largest market for French wine and spiritsBy Nandita Bose and Bo Erickson WASHINGTON/PARIS, Jan 20 (Reuters) - U.S. President Donald Trump threatened to hit French win...Reuters
Tue, Jan 20
VEGOILS-Palm up on anticipation of lower output, improved exports
KUALA LUMPUR, Jan 20 (Reuters) - Malaysian palm oil futures ended higher on Tuesday, as anticipation of a sharp decline in production and stronger export demand supported the market.The benchmark palm oil contract FCPOc3 for April delivery on the Bursa Malaysia Derivatives Exchange gained 28 ringgit...Reuters
Tue, Jan 20
UN rights chief 'outraged' by Russian attacks on Ukraine's energy system
GENEVA, Jan 20 (Reuters) - The U.N. rights chief said on Tuesday he was outraged by "cruel" Russian attacks on Ukraine's energy infrastructure which he said have cut off heating supplies to hundreds of thousands of families."Civilians are bearing the brunt of these attacks. They can ...Reuters
Tue, Jan 20
Mitsui considers smaller turbines, construction delay at Niigata wind farm
TOKYO, Jan 20 (Reuters) - Japanese trading house Mitsui & Co 8031.T and its partners are considering using smaller turbines and delaying the start of construction at their offshore wind farm project in Niigata in northern Japan, a Mitsui spokesperson said on Tuesday.The Mitsui-led consortium, wh...Reuters
Tue, Jan 20
Gold Price Forecast: XAU/USD hits fresh highs above $4,700 on trade tensions
Gold (XAU/USD) keeps trading higher on Tuesday, reaching fresh record highs beyond $4,720, fuelled by the risk-averse sentiment as the trade rift between the US and the European Union concerning the status of Greenland escalates.Fxstreet
Tue, Jan 20
Moscow says it expects U.S. to release Russian crew from seized Venezuela-linked tanker
MOSCOW, Jan 20 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Tuesday that Moscow expects the United States to free the Russian crew members aboard a Venezuela-linked oil tanker seized by Washington in the Atlantic earlier this month.Lavrov said two Russians, as well as Ukrainians, Georg...Reuters
Tue, Jan 20
RPT-CORRECTED-Japan's Inpex withdraws environmental plan for Bonaparte CCS project in Australia, government website shows
By Helen ClarkPERTH, Jan 20 (Reuters) - Japan's Inpex 1605.T has withdrawn the environmental plan for its proposed 8 million metric ton-per-year Bonaparte carbon capture and storage project off the north coast of Australia, a government website showed.All major projects are assessed via the Envi...Reuters
Tue, Jan 20
CORRECTED-Japan's Inpex withdraws environmental plan for Bonaparte CCS project in Australia, government website shows
By Helen ClarkPERTH, Jan 19 (Reuters) - Japan's Inpex 1605.T has withdrawn the environmental plan for its proposed 8 million metric ton-per-year Bonaparte carbon capture and storage project off the north coast of Australia, a government website showed.All major projects are assessed via the Envi...Reuters
Tue, Jan 20
ROI-Trump's embrace of oil industry is turning into an awkward grip: Bousso
By Ron Bousso LONDON, Jan 20 (Reuters) - President Donald Trump has lavished the U.S. oil industry with favourable policies since returning to the White House, but his twin demands for cheap oil and “energy dominance” are increasingly colliding with companies’ bottom lines.Over the past year, the...Reuters
Tue, Jan 20
Russia jails U.S. citizen for five years after he carried rifle on yacht
MOSCOW, Jan 20 (Reuters) - A Russian court sentenced a U.S. citizen to five years in jail for crossing the border with a weapon when he sailed from the United States to meet a Russian woman he met over the Internet, Russia's court service said.The man, identified as Charles Wayne Zimmerman, plea...Reuters
Tue, Jan 20
TABLE-North Sea gas maintenance schedule: Adds Nyhamna outage
Jan 20 (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
Tue, Jan 20
TECHNICALS-CBOT corn may retrace into $4.19-3/4 to $4.21-3/4 range
SINGAPORE, Jan 20 (Reuters) - CBOT March corn CH26 may retrace into a range of $4.19-3/4 to $4.21-3/4 per bushel, following the completion of a wave c from $4.19-3/4.This is the third wave of a bounce from $4.17. The current fall is expected to extend into the range of $4.21 to $4.21-3/4, as pointed...Reuters
Tue, Jan 20
TECHNICALS-CBOT soybeans still targets $10.70
For more technical analyses, please click SINGAPORE, Jan 20 (Reuters) - The CBOT soybean March contract SH26 still targets $10.70 per bushel, as it has briefly pierced above a resistance at $10.57-3/4.Wave pattern suggests the progress of a wave c, which is unfolding toward $10.70, around the peak o...Reuters
Tue, Jan 20
