News
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EU and Mercosur sign trade deal after 25 years of negotiations
By Daniela Desantis and Philip Blenkinsop ASUNCION, Jan 17 (Reuters) - Top officials from the EU and the South American bloc Mercosur signed a free trade agreement on Saturday in Paraguay, paving the way for the European Union's largest-ever trade accord after 25 years of negotiations.The agr...Reuters
Sat, Jan 17
Rallying-Sixth Dakar win for Al-Attiyah as Benavides triumphs on two wheels
Al-Attiyah wins Dakar car category for sixth timeBenavides wins bikes crown by narrowest margin in Dakar historyOvernight leader Brabec loses way in final stageJan 17 (Reuters) - Qatar's Nasser Al-Attiyah won the Dakar Rally for the sixth time in the car category on Saturday as Argentina's L...Reuters
Sat, Jan 17
Iraq's total oil exports average 3.6 mln bpd so far in January
Jan 17 (Reuters) - Iraq's total oil exports were estimated at an average of 3.6 million barrels per day so far in January, state oil marketer SOMO said on Saturday. Of the total exports, around 200,000 barrels came from Iraqi Kurdistan fields.SOMO said it has paid $192 million to oil companies f...Reuters
Sat, Jan 17
Rallying-Argentina's Luciano Benavides wins Dakar motorcycle title by two seconds
Jan 17 (Reuters) - Argentina's Luciano Benavides won the Dakar Rally motorcycle category by two seconds, the narrowest margin ever, after American Ricky Brabec lost his way late in Saturday's final stage in Saudi Arabia.The KTM rider, whose older brother Kevin won the Dakar in 2021 and 2023,...Reuters
Sat, Jan 17
LIVESTOCK-CME cattle futures fall on screwworm fears, long liquidation
By Julie Ingwersen CHICAGO, Jan 16 (Reuters) - Cattle futures on the Chicago Mercantile Exchange fell on Friday as fears the New World screwworm parasite might cross the border from Mexico into the U.S. cattle herd pressured the market, spurring profit-taking and long liquidation ahead of a three...Reuters
Sat, Jan 17
Microsoft President Brad Smith Welcomes Bipartisan Effort To Expand America’s Energy Generation Capacity
Jan 16 (Reuters) - MICROSOFT PRESIDENT BRAD SMITH: WELCOMES BIPARTISAN EFFORT TO EXPAND AMERICA’S ENERGY GENERATION CAPACITY WHILE PROTECTING AMERICANS FROM HIGHER COSTSSource text: [ID:]Reuters
Sat, Jan 17
PJM unveils plan to tackle AI-driven power demand surge
PJM outlines plans to integrate large loads reliably PJM to file proposals with FERCPJM to fast-track interconnections for state-sponsored power projectsBy Laila Kearney and Anushree Mukherjee Jan 16 (Reuters) - Grid operator PJM Interconnection on Friday unveiled a plan to manage surging power ...Reuters
Fri, Jan 16
EXCLUSIVE-US moving fast to expand Chevron's Venezuela license, Energy Secretary Wright tells Reuters
Chevron's export capacity from Venezuela could increase with new license termsUS aims to sell Venezuelan oil at higher prices post-MaduroFunds from oil sales may eventually move to US banks, Energy Secretary Wright suggestsBy Valerie Volcovici WASHINGTON, Jan 16 (Reuters) - The U.S. is moving...Reuters
Fri, Jan 16
US Cash Products-Gulf Coast gasoline gains ahead of Colonial cycle change
NEW YORK, Jan 16 (Reuters) - Cash differentials for gasoline gained in the U.S. Gulf Coast on Friday ahead of the start of trading for fuel deliveries on the seventh annual pumping cycle of the Colonial Pipeline to New York Harbor, traders said.U.S. Gulf Coast M4 conventional gasoline RU-DIFF-USG ga...Reuters
Fri, Jan 16
US Plains HRW Wheat-Basis bids flat in quiet trade
CHICAGO, Jan 16 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady at elevators in the U.S. Plains on Friday amid slow selling, dealers reported.Drought eased over the past week in the Plains, according to U.S. Drought Monitor data.In Kansas, about 15% of the state was experiencing a...Reuters
Fri, Jan 16
Amazon Says It Is Committed To Ensuring Its Data Centers Don't Increase Consumers' Electricity Bills
Jan 16 (Reuters) - Amazon.com Inc AMZN.O:AMAZON: AMAZON IS PAYING OUR FULL ENERGY COSTS AND IS COMMITTED TO ENSURING OUR DATA CENTERS DON’T INCREASE CONSUMERS’ ELECTRICITY BILLSAMAZON: WORKING WITH GRID OPERATORS, UTILITIES, & PARTNERS TO ENSURE GRID IS PREPARED TO MEET FUTURE DEMAND & COST...Reuters
Fri, Jan 16
US rail regulator says Union Pacific, Norfolk Southern merger filing incomplete
By Sabrina Valle and David ShepardsonJan 16 (Reuters) - The U.S. Surface Transportation Board on Friday sent back Union Pacific’s UNP.N proposed $85 billion merger with Norfolk Southern NSC.N for revision, saying it lacked required information, as part of a review in which the U.S. transport regulat...Reuters
Fri, Jan 16
Freeport-Mcmoran Inc - Unit Receives Imminent Danger Order From Msha - SEC Filing
Jan 16 (Reuters) - SEC Filing:FREEPORT-MCMORAN INC - UNIT RECEIVES IMMINENT DANGER ORDER FROM MSHA - SEC FILINGFREEPORT-MCMORAN INC - ORDER ISSUED AT MORENCI MINE IN ARIZONA - SEC FILINGFREEPORT-MCMORAN INC - ORDER TERMINATED EFFECTIVE JANUARY 14, 2026 - SEC FILINGFREEPORT-MCMORAN INC - NO INJURIES...Reuters
Fri, Jan 16
White House seeks emergency power auction for largest US electric grid
Governors, Trump administration sign two-year price cap deal for future PJM power auctioPJM grid covers 67 million people in 13 mid-Atlantic and inland statesRising power bills cause political backlash in PJM regionBy Jarrett Renshaw, Tim McLaughlin and Timothy GardnerWASHINGTON, Jan 16 (Reuters) - ...Reuters
Fri, Jan 16
EXCLUSIVE-US moving fast to expand Chevron's Venezuela license, Energy Secretary Wright tells Reuters
WASHINGTON, Jan 16 (Reuters) - The U.S. is moving as fast as it can to grant Chevron an expanded license for its oil production in Venezuela, U.S. Energy Secretary Chris Wright told Reuters on Friday. The U.S. plans to let Chevron pay the Venezuelan government with cash instead of crude in kind, whi...Reuters
Fri, Jan 16
US Cash Grains-Corn, soy basis mostly steady-firm on slow farmer sales
CHICAGO, Jan 16 (Reuters) - Spot basis bids for corn and soybeans delivered to U.S. Midwest elevators and processors were mostly steady to higher on Friday as farmer selling remained slow following steep market declines this week, dealers said.Farmers were holding on to supplies they have in storage...Reuters
Fri, Jan 16
US PJM says new large power users must bring own generation or face early curtailment
Jan 16 (Reuters) - PJM Interconnection said on Friday it plans to require new large power users to either bring their own power generation or enter into a connect and manage framework subject to early curtailment.Reuters
Fri, Jan 16
US Cash Crude-Grades rise on firmer refinery demand, wide WTI/Brent spread
HOUSTON, Jan 16 (Reuters) - Grades broadly rose on Friday, dealers said, as domestic refinery demand was set to grow and the WTI/Brent spread widened. U.S. oil refiners are expected to have about 724,000 barrels per day of capacity offline in the week ending January 16, decreasing available refining...Reuters
Fri, Jan 16
US, Slovakia sign civil nuclear power agreement
WASHINGTON, Jan 16 (Reuters) - The United States signed an agreement with Slovakia on Friday to advance cooperation on the central European country's nuclear energy program, a plan they said would help reduce its reliance on Russian-designed reactors. The agreement includes the development of a ...Reuters
Fri, Jan 16
US grid operator PJM issues cold weather advisory
Jan 16 (Reuters) - PJM Interconnection, the largest U.S. power grid operator, issued a cold‑weather advisory for its western region for Monday and another for its entire footprint, spanning 13 states and Washington, D.C., for Tuesday.The measure is intended to ensure generators have time to ready th...Reuters
Fri, Jan 16
