Energy Markets

U.S. Stock Futures fell on Monday, after President Donald Trump threatened to slap additional tariffs on 8 European nations until Greenland was allowed by the U.S. The?dollar dropped against the safe haven currencies of the Swiss franc and yen. Concerns about the impact of a full-blown trade war between Europe and the U.S. on global growth and demand led to a gold and silver price jump. The holiday on the U.S. equity markets and bond market led to thin trading, which likely contributed to a drop of 0.7% in S&P futures and 1.0% in Nasdaq. EUROSTOXX Futures and DAX Futures...

On?Friday, the United States and Slovakia signed an agreement to further cooperation in the country's nuclear energy program. They said that this would reduce Slovakia's reliance on Russian designed reactors. The agreement calls for the construction of a 1,200 megawatt state-owned nuclear unit, designed in the U.S. Since?last year, Slovakia has been in talks with Washington to build a large nuclear plant with Westinghouse, a nuclear developer. Energy Secretary Chris Wright said at an event held at the headquarters of the agency in Washington, "Today's Civil Nuclear Agreement reflects our shared dedication to strengthening European energy sovereignty and security for...

The White House on Saturday urged the U.S. largest electric grid to hold an "emergency auction" to prevent rolling blackouts, as data center energy demands are growing faster than the country's ability to build new generation plants. The Trump Administration initiative calls for PJM Interconnection, a company that serves 67,000,000 customers across 13 states, including Washington, D.C., and conducts an emergency auction to address escalating prices of electricity and increasing reliability risks in the mid-Atlantic area of the United States. PJM will unveil its plan on Friday. PJM has been criticized for its slow response to the rising demand and...

Martin Luther King Jr. Federal holiday on Monday, 19th January will affect the release of major economic, energy, and commodities reports during the week beginning January 18. The schedule is below. The times are in GMT/EST. Some Treasury announcements may be subject to change. Monday, January 19, 2019 Martin Luther King Jr. Day. Closed federal government offices, Federal Reserve and International Monetary Fund. Stock and bond markets. Tuesday, January 20, 2019 The U.S. Department of Agriculture publishes weekly U.S. Export Inspections for Grains, Oilseeds, 1110/1600. NOTE: Delay from Monday due holiday Treasury Department announces weekly sale of 4-, 8, and...

Vitali Klitschko, the mayor of Kyiv in Ukraine's capital, said that Kyiv only has half the electricity it needs as it is facing its worst?wartime energy crises following waves of?Russian attacks against its infrastructure. Klitschko stated that Kyiv is one of the largest cities in Eastern Europe and requires 1,700 Megawatts per day of electricity to run its services. Klitschko stated that the current energy crisis is the greatest challenge facing the capital since the Russian invasion of February 2022. In an interview at his office in the heart of Kyiv, Klitschko said, "This is the first time ever in...

The White House reported that regional fears about a U.S. strike on Iran were eased when President Donald Trump stated that Tehran assured him protesters wouldn't be executed. However, he still has "all his options" on the table. Israel and the United States carried out their last major strike on Iran in June, targeting mainly key nuclear facilities. Which nuclear sites were hit? The three uranium enrichment plants in Iran - two at Natanz, and one hidden inside a mountain near Fordow – as well as the sprawling Isfahan complex that includes a number of?facilities?that are part of the nuclear...

The oil prices were unchanged on Friday, with Brent and U.S. West Texas Intermediate only moving a few cents compared to their closing prices. Brent fell 3 cents or 0.05% to $63.73 a barrel while U.S. West Texas Intermediate rose 4 cents or 0.07% to $59.22 a barrel at 0223 GMT. Brent and WTI both reached multi-month highs after protests in Iran and the U.S. flared up this week. President Donald Trump also signaled the possibility of strikes against the nation. On?Thursday night, Trump stated that the crackdown by Tehran on protesters had slowed, easing fears of a possible military...

Two sources familiar with the situation have confirmed that governors of states in the United States experiencing a rapid increase in data center construction are expected to visit the White House this Friday, and sign an agreement with Trump's administration to reduce rising electricity prices. The agreement sets price caps on future auctions for the PJM grid, which covers 67 million people across the mid-Atlantic region and inland states. It also forces new data center operators such as Amazon and Google to pay a larger share of the cost to expand the grid. The White House event is part of...

Mark Rutte, NATO Secretary-General, spoke with Ukraine President Volodymyr Zelenskiy Thursday about the latest Russian attacks in Ukraine that have caused widespread power outages. "Spoke to @ZelenskyyUa on the energy situation in Ukraine. Russia's attacks are causing horrific human suffering. Also,?on ongoing efforts to end the war." Rutte wrote on X Thursday. "We are committed to ensuring that Ukraine receives the 'crucial support it needs to defend itself today and secure a lasting peaceful future." Zelenskiy reported that he and Zelenskiy discussed "serious issues" raised by the recent Russian strikes, as well as the need to strengthen Ukraine's air defenses....

US officials have announced that the United States has taken another Venezuelan-linked tanker. Officials told reporters on Thursday that the United States had seized another Venezuela-linked tanker, before a meeting with?U.S. Donald Trump and Venezuelan Opposition Leader Maria Corina Machado. The seizure marks the sixth vessel that has been targeted in the last few weeks, either for carrying Venezuelan oil in its cargo or having done so previously. Officials, who spoke on condition of anonymity said that the seizure occurred in the Caribbean. Southern Command of the U.S. Military confirmed that U.S. Forces apprehended Motor/Tanker Veronica without incident. The Veronica...

EU considers suspending carbon border levy on fertilisers Farmers pressured to move ahead Yara: Uncertainty puts US plans for low-carbon ammonia in doubt By Kate Abnett BRUSSELS - Yara International's CEO said that if the European Union were to suspend its carbon?border levy, it would force the company to reconsider a low-carbon ammonia plant in the U.S. The EU's Carbon Border Levy, which went into effect on 1 January, imposes CO2 emission fees on imports such as fertilisers and steel to prevent foreign producers from gaining an unfair advantage over European companies that have to pay for their emissions. The...

Microsoft and Indigo Carbon have agreed to purchase a record amount of?2,85 million soil carbon credits related to regenerative farming in the United States. The tech giant is aiming to be "carbon-negative" by 2030, despite the rising emissions associated with AI. Microsoft, the world's largest buyer of carbon credits, did not reveal the price of the 12-year deal. However, someone with knowledge of it said that the credits Indigo Carbon sells are priced between $60 and $80 per ton, which would put the value of the deal anywhere from $171 million to $228 million. Regenerative farming includes a variety of...

Government data released on Monday showed that China's crude oil production and refinery output in 2025 will both be at all-time highs. National Bureau of Statistics reported that the world's second largest oil consumer will process?737.59 millions?metric tonnes of crude oil by 2025. Calculations showed that the figure is about 14.75 millions barrels per day. This surpasses the previous record of 14.7 million barrels set in 2023. Analyst Jianan Sun at Energy Aspects said that "Chinese refinery runs will grow by an average of 0.25 million barrels a day in 2025. This is due to capacity expansion among Chinese national...

NHK, the public broadcaster, reported Monday that Tokyo Electric Power has delayed its'restart of Kashiwazaki and Kariwa nuclear power plants, which was originally scheduled for 'January 20th. TEPCO would have had to restart its reactors for the first time since Fukushima Daiichi was struck by a powerful tsunami in 2011. The company planned to restart Unit No.6 in Kashiwazaki Kariwa on January 20th and Unit No. The company had planned to restart Unit No.6 at Kashiwazaki-Kariwa on Jan 20 and Unit?No. NHK, citing its sources, stated that the delay was caused by an alarm malfunction which occurred during equipment tests...

By Anna Szymanski What Mike Dolan, the ROI team and I are looking forward to reading, watching and listening to this weekend. From the Editor Hello Morning Bid readers! The week began with a bang and it is yet to be seen if it will end on a whimper. Federal Reserve Chair Jerome Powell revealed that the Justice Department threatened to indict him on Sunday, drawing widespread condemnation. In a wide-ranging, multifaceted interview with President Donald Trump on Wednesday, Trump stated that he did not plan to fire Powell and also hinted at a possible delay in intervening in Iran....

eBay, the e-commerce giant, unveiled on Wednesday its first climate change plan and said it would increase efforts to decarbonize?its operations?and supply chain?as part of a plan?to reach?net-zero emission levels by 2045. The plan was validated by Science Based Targets Initiative (SBTi), a standard-setting organization. It builds on achieving an earlier goal to power all of its facilities with 100% renewable electricity by 2020, which had been achieved in 2024. Renee Morin, Chief Sustainability Officer at eBay, said the company aims to align with the goal of limiting global temperature rise to 1.5 degrees Celsius over the pre-industrial level. This...

China's crude imports increased 17% in December compared to a year earlier, and total imports for 2025 will rise 4.4%. The daily volumes of crude oil imported in December 2025 and throughout the year will be at all-time records. According to the General Administration of Customs, the world's biggest crude importer imported 55.97 millions metric tons of petroleum in December. This is equivalent to 13,18 million barrels of oil per day. The increase was 10% compared to 50.89 in November. The data shows that China will import 557.73 millions tons of crude oil by 2025 or 11,55?million barrels per day,...

The nuclear watchdog in Japan said that it will order Chubu Electric Power on Wednesday to submit a report detailing?falsified data? and pause the review of its utility's application?to restart?its only atomic power plant. The Nuclear Regulation Authority in Japan (NRA) warned that it would take a harsh action against Chubu Electric after discovering the utility had manipulated data used for the reviews of its No. The Nuclear Regulation Authority (NRA) of Japan had?previously?warned against a severe response towards Chubu Electric, including scrapping the review altogether after it was revealed that data used in the reviews of reactors No. Hamaoka,...

Wayne Cole gives us a look at what the future holds for European and global markets. Tokyo is back from its holiday in a big way, with the stock market rising by 3% and reaching a record high. Investors are 'welcoming a weakening of the yen as well as the possibility of more aggressive fiscal stimulus. Taiwan and South Korea also set records, while China reached a four-year high. The yen also hit multi-year lows against the Swiss franc, euro and a variety of other currencies. Shorting the yen saved the dollar from embarrassment as it rose to 158.65 after...

Dollar fell and U.S. Equity Futures?eased after Federal Reserve chair Jerome Powell claimed that the Trump administration had threatened him with criminal?indictment. This stoked concerns about the independence of the central bank. S&P futures fell 0.5%, and gold reached a?another?record?high as a reaction to the intensification of the dispute between U.S. president Donald Trump and Fed. The Swiss Franc gained 0.4%, to 0.7979 dollars. The euro rose 0.17% at $1.1656. The news is unsettling for traders, but the immediate impact on interest rates is not clear. Fed funds futures has added about three basis point more in cuts in this...

Ankur Banerjee gives us a look at what the future holds for European and global markets Investors still can't wrap their minds around the latest escalation of the fight between U.S. president Donald Trump and the Federal Reserve. Chair Jerome Powell is fighting back against the "effort" to control interest rates and the Fed. The growing unrest in Iran where, according to an international rights group, more than 500 people were killed, underscored also the geopolitical issues that markets will be navigating by the beginning of 2026. This is why safe-haven assets are well supported. The markets opened trading on...

Two trading sources familiar with the matter confirmed on Friday that China has granted crude oil import quotas to three'refineries' in Shandong Province, which were sold last year to independent operators by'state-run Sinochem Group. One source said that the quotas were given to Zhenghe Group, Huaxing Petrochemical and Shandong Changyi Petrochemical. The total annual volume was around 12 million metric tons (240 000 barrels per day). The quotas were not clear whether they covered the "full" annual amount or only a portion of it. Changyi, Zhenghe and Huaxing are now controlled by Shandong Qicheng Petrochemical. The new quotas require that...

Oil prices stabilized on Thursday, after their recent decline. Stocks were off to a rough start as investors assessed implications of deepening?geopolitical tensions and mixed U.S. labor market data. The top U.S. officials stated on Wednesday that the country "needs" to control Venezuela's oil revenue and sales indefinitely in order to stabilize the economy of the country, rebuild its oil industry and ensure the nation acts in America's best interests. As part of Donald Trump's aggressive campaign to control oil flows in America, the U.S. also seized on the same day two Venezuelan-linked oil tanks in the Atlantic Ocean, including...

Crude futures fell and resource shares rose in Asian trading, as the?markets digested the political turmoil in Venezuela and its fate with regard to its petroleum reserves. Oil prices continue to'slide' after U.S. president Donald Trump announced that Venezuela would "turn over" 50 million barrels to be sold at market value following the toppling of its leader. Japanese shares led to a decline in regional equity benchmarks while commodity shares rose after a surge overnight in industrial metals. Dollar gains were made as geopolitical tensions erupted from South America through to China. Investors waited for data coming out of the...