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Domestic oil production increased from 13.2 million bpd to 13.3 million bpd.
Strategic Petroleum Reserve grew from 355 million to 355.6 million barrels.
Working gas in storage declined by 154 Bcf from the previous week.
On January 18, EIA released
Michael Burke has been appointed as the new chairman and chief executive of LVMH Fashion Group, overseeing all of the group's fashion labels, said the luxury goods giant on Thursday.
Wheat shipments via the Suez Canal fell by almost 40% in the first half of January to 0.5 million metric tons due to attacks in the Red Sea and Gulf of Aden, the World Trade Organization said on Thursday on social media platform X.
Shares of Spirit Airlines extended losses to a third session on Thursday over investor concerns about the financial future of the low-cost carrier after a U.S. judge blocked its $3.8 billion merger with JetBlue Airways.
Chinese designer Sean Suen emphasized silhouettes for his fall winter menswear show on Thursday, piling layers of finely tailored coats in autumn hues on runway models.
Lufthansa is pulling flight capacity from other countries to meet booming travel demand in India, which is now the German airline's fastest-growing major market, Chief Commercial Officer Heiko Reitz said on Thursday.
Ukrainian maritime grain exports are expected to fall by around 20% in January from the previous month due to the crisis in the Red Sea and the New Year holidays, a senior Ukrainian government official said on Thursday.
Indonesia has allowed three Boeing 737 MAX 9 planes to fly again after grounding them, as they have different configurations from a jet that was forced to make an emergency landing in the United States on Jan. 5, its transport ministry said on Thursday.
India's Shoppers Stop reported a third consecutive fall in quarterly profit on Thursday as consumers spent less on clothes and cosmetics amid elevated prices.
London cocoa futures on ICE steadied on Thursday, down from record highs, on signs record prices have dented demand, while robusta coffee futures consolidated their recent climb to their highest in at least 16 years.
Chicago soybean and corn futures inched up on Thursday but remained close to multi-year lows as traders bet the market would continue to be well-stocked despite some drought losses expected in Brazil.
Shares of Spirit Airlines extended losses to a third straight session on Thursday over lingering concerns around the company's future after a U.S. judge blocked its $3.8 billion merger with JetBlue Airways.
Recent soybean price action indicates traders’ overall comfort when it comes to production losses in Brazil, but some industry ideas for that crop are starting to creep significantly lower than official government estimates.
Copper prices hovered around a six-week low on Thursday, weighed down by uncertainty over interest rate cuts and patchy economic recovery in top metals consumer China.
Brazil's coffee crop is expected to reach 58.08 million 60-kg bags in 2024, government food and statistics agency Conab said on Thursday, up 5.5% from the previous season as the country enters an 'on' year in the biennial arabica production cycle.
It took 15 years for Mustafa Camlica to earn international recognition for his wines, but he and many other small and medium sized Turkish producers fear a planned new financial burden could destroy livelihoods in a sector already facing daunting hurdles.
Jordan's state grain buyer has issued an international tender to buy up to 120,000 metric tons of milling wheat which can be sourced from optional origins, European traders said on Thursday.
Consultancy Strategie Grains lowered its estimate for soft wheat production in the European Union this year by more than 2 million metric tons, mainly due to a cut in Germany where the area sown is now expected to fall to its lowest level since 1999.
Reuters
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