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UPDATE 1-Trump repeals Biden's efforts to block oil drilling on US coasts, Arctic
Updates to add coastal ban in the first paragraphBy Jarrett Renshaw Jan 20 (Reuters) - U.S. President Donald Trump signed an executive order on Monday repealing former President Joe Biden's efforts to block oil drilling in the Arctic and along large areas off the U.S. coasts, according to the Whi...
Reuters
Tue, Jan 21
PRECIOUS-Gold holds steady as markets focus on Trump's policies
Jan 21 (Reuters) - Gold prices steadied on Tuesday as markets evaluated the possible consequences of U.S. President Donald Trump's policies in his second term after his inauguration. FUNDAMENTALS* Spot gold XAU= was flat at $2,707.19 per ounce by 0107 GMT. U.S. gold futures GCcv1 dipped 0.7% to...
Reuters
Tue, Jan 21
Trump signals end to new US wind power leasing
Jan 20 (Reuters) - President Donald Trump on Monday signaled an end to U.S. government support for wind power, saying wind mills are ugly, expensive and harm wildlife."We're not going to do the wind thing," Trump said during an event after his inauguration. A White House press release earlier in the...
Reuters
Tue, Jan 21
Trump repeals 2023 memo barring Arctic oil drilling in some 16 million acres
By Jarrett RenshawJan 20 (Reuters) - President Donald Trump signed an executive order on Monday repealing a 2023 memo from former President Joe Biden that barred oil drilling in some 16 million acres in the Arctic, the White House announced. Trump repealed dozens of actions taken by Biden, including...
Reuters
Tue, Jan 21
WTI extends its decline below $76.50 as Trump vows to boost oil output
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.15 on Tuesday.
WTI
Fxstreet
Tue, Jan 21
Trump revokes Biden order that set 50% EV target for 2030
President Donald Trump on Monday revoked a 2021 executive order signed by his predecessor Joe Biden that sought to ensure half of all new vehicles sold in 2030 were electric.
Reuters
Tue, Jan 21
FACTBOX-Here's what is known about Trump's planned executive orders after swearing-in
Updates with Trump signing first orders Jan 20 (Reuters) - U.S. President Donald Trump on Monday began to issue what is expected to be a flurry of executive orders and directives, as he sought to put his stamp on his new administration on matters ranging from energy to immigration.Two sources fam...
Reuters
Tue, Jan 21
RPT-COLUMN-Global aluminium market faces a year of trade turbulence: Andy Home
Repeats JAN 20 column, no change to textBy Andy Home LONDON, Jan 20 (Reuters) - It's going to be a busy year for aluminium traders as the global market navigates multiple geopolitical storms. Topping the list of potential trade disruptions is the incoming Donald Trump administration and the threa...
Reuters
Tue, Jan 21
FACTBOX-Here's what is known about Trump's planned executive orders after swearing-in
Adds details on CBP One program, planned pardons in paragraphs 8, 28-30 Jan 20 (Reuters) - U.S. President Donald Trump said on Monday he would issue what is expected to be a flurry of executive orders and directives, as he sought to put his stamp on his new administration on matters ranging from ...
Reuters
Mon, Jan 20
UPDATE 2-Trump vows to take back Panama Canal, talks of 'Manifest Destiny' in space
Adds quote from former U.S. ambassador, paragraph 10; Panama launches audit of port operator, paragraph 23By Matt Spetalnick WASHINGTON, Jan 20 (Reuters) - Newly sworn-in President Donald Trump vowed on Monday that the United States would take back the Panama Canal as he delivered an inauguration...
Reuters
Mon, Jan 20
QUOTES-World reacts to Trump's plan to withdraw US from Paris climate pact
WASHINGTON, Jan 20 (Reuters) - President Donald Trump will order the U.S. to withdraw from the Paris climate agreement, the White House said on Monday, once again placing the world's top historic emitter of greenhouse gas emissions outside of the global pact aimed at pushing nations to tackle climat...
Reuters
Mon, Jan 20
Canada finance minister: if US wants to study trade ties, that's positive
OTTAWA, Jan 20 (Reuters) - Canadian Finance Minister Dominic LeBlanc said on Monday that if the United States wanted to study bilateral trade ties rather than impose tariffs, that would be a positive step.LeBlanc made his comments to reporters ahead of a cabinet retreat to discuss relations with the...
Reuters
Mon, Jan 20
PRECIOUS-Gold firms on softer dollar, markets eye Trump's second-term plans
Trump took the oath of office at 12:01 p.m. ETU.S. markets closed for Martin Luther King Jr. Day holidayGold hit over a month high last weekUpdates with afternoon-session tradingBy Daksh Grover Jan 20 (Reuters) - Gold prices edged higher on Monday, bolstered by a weaker U.S. dollar, as market...
Reuters
Mon, Jan 20
Gold prices edge higher as Trump assumes Presidency
Gold prices climbed moderately on Monday amid thin liquidity conditions after Donald Trump was sworn in as the 47th President of the United States (US).
Gold
Fxstreet
Mon, Jan 20
Crude Oil takes a knee for a third straight day, WTI taps $76
West Texas Intermediate (WTI) Crude Oil prices eased for a third straight session on Monday, kicking off the new trading week with a fresh test of the $76/bbl handle.
WTI
Fxstreet
Mon, Jan 20
FACTBOX-Here's what we know about Trump's planned executive orders after swearing-in
Adds details from White House website, incoming administration official, ABC news report Jan 20 (Reuters) - U.S. President Donald Trump said on Monday he would issue what is expected to be a flurry of executive orders and directives, as he sought to put his stamp on his new administration on matt...
Reuters
Mon, Jan 20
ICE canola futures rise on tariff relief
All figures in Canadian dollars unless notedBRANDON, Manitoba, Jan 20 (Reuters) - ICE canola futures rose Monday on relief that the Trump administration is not immediately imposing tariffs on imports, including Canadian canola. • March canola RSH5 rose $15.90 to $631.90 per metric ton, taking it ...
Reuters
Mon, Jan 20
UPDATE 2-Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Adds detail on impairments in paragraph 1-5 and COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted ORSTED.CO on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter, citing a delay and higher costs for its Sunrise Wind project, as w...
Reuters
Mon, Jan 20
Orsted flags impairments of about $1.7 billion on US rate increases
Jan 20 (Reuters) - Denmark's Orsted ORSTED.CO announced on Monday an impairment charge of DKK 12.1 billion ($1.69 billion) in the fourth quarter due to U.S. interest rate increase. ($1 = 7.1779 Danish crowns) (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Nia Williams) ((Gnaneshwar.Rajan@th...
Reuters
Mon, Jan 20
BRIEF-Citgo Reports Flaring At Corpus Christi, West Plant, Texas
Jan 20 (Reuters) - CITGO PETROLEUM CORP PDVSAC.UL REPORTS OPERATING CONDITIONS AT CORPUS CHRISTI, WEST PLANT , TEXAS, HAVE MADE MINIMAL FLARINGSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 165,000 BARRELS PER DAY ((Reuters.Briefs@thomsonreuters.com))
Reuters
Mon, Jan 20
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