TREE NEWS update: US President Donald Trump plans to travel to oil-producing Texas to inspect a site related to stockpiled Venezuelan oil, the White House said. Few further details were immediately available about the timing of the trip or the specific facility involved. The visit comes as Washington continues to press its policy toward Venezuela’s oil sector.
TREE NEWS update: A magnitude 5.7 earthquake struck the sea about 19 km northeast of Coiba Island, Panama, at 10:26 a.m. local time on Oct. 27, according to an initial monitoring report from the University of Panama’s Institute of Earth Sciences. The quake had a focal depth of about 5 km.
TREE NEWS update: President Donald Trump said the United States will receive 1 million barrels of Venezuelan crude oil. Trump also said Secretary of State Marco Rubio will stand with him on the matter. No further details on timing, buyers or terms were provided.
TREE NEWS update: A US appeals court upheld the validity of Venezuela’s state oil company PDVSA’s 2020 bond, ruling that the bond did not require prior approval from the National Assembly. The decision affirms the debt instrument’s legal standing, resolving a key question over whether the issuance needed legislative authorization.
TREE NEWS update: US Energy Secretary Chris Wright said the Department of Energy is accelerating President Trump’s nuclear revival plan and will announce funding support later Tuesday at an Illinois nuclear plant that supplies power to Alphabet’s Google. The funding targets upgrades to existing nuclear facilities to expand electricity supply, support grid reliability and improve affordability for consumers and businesses, Wright said in a statement.
TREE NEWS reports: The US Treasury auctioned six-week bills at a high yield of 3.950% with a bid-to-cover ratio of 2.83, and 52-week bills at a high yield of 4.290% with a bid-to-cover ratio of 3.15. The auctions set the day’s benchmark pricing for short-dated government paper.
TREE NEWS update: The Trump administration is offering Constellation Energy Corp. up to $5 billion in financing to upgrade and modernize its reactor fleet in Illinois, Maryland and Pennsylvania. The Department of Energy said the conditional loan commitment backs projects expected to add nearly 1.1 GW of power, strengthen the grid and lower costs. The financing is part of Trump’s push to expand nuclear power to meet growing data center electricity demand and support domestic manufacturing.
TREE NEWS update: Russian President Vladimir Putin and Finnish President Alexander Stubb discussed whether a further round of dialogue is needed, Interfax reported. No details of the conversation, its format or any outcome were disclosed. The exchange comes amid ongoing diplomatic contacts over Russia’s war in Ukraine.
TREE NEWS reports: The Nasdaq 100 extended gains to 1% as the Federal Reserve’s monetary policy meeting opened, with technology stocks leading. Nebius Group NV rose 8.9%, Western Digital gained 7.5%, Seagate Technology added 5.6%, CoreWeave rose 5% and Cadence Design Systems climbed 4.4%. The Philadelphia Semiconductor Index rose more than 2.3%, while Boeing fell 10% after cutting its delivery targets and the Dow was down less than 0.1%.
TREE NEWS reports: Coking coal closed up about 3.2% in the night session, leading gains among Chinese commodity futures. Coke rose about 2.4% and PVC added about 1.5%, while iron ore ended roughly flat. Fuel oil was the laggard, falling about 1.8%.
TREE NEWS reports: The premium of cash copper over the London Metal Exchange three-month benchmark surged to its widest in two months on Tuesday, briefly hitting $206 per tonne, the highest since the tail end of a major August squeeze. The backwardation signals tightening short-term supply, with copper prices at record levels this year largely driven by expectations of U.S. tariffs on refined metal.
TREE NEWS update: National People’s Congress Vice Chairman Zheng Jianbang led a Chinese delegation to the 12th BRICS Parliamentary Forum in New Delhi on 26-27 May and delivered a keynote address. Zheng said BRICS countries have become the leading tier of the Global South and that parliamentary cooperation is key to strengthening the bloc’s foundation, institutional resilience and joint response to governance challenges.
TREE NEWS update: Yemen’s Houthi movement said on the 27th that it used a drone to strike Abha International Airport in southwestern Saudi Arabia. The group announced the attack in a statement carried by Xinhua. No details on casualties or damage were given.
TREE NEWS reports: The World Meteorological Organization said in its latest Greenhouse Gas Bulletin, released on 27 January, that atmospheric concentrations of carbon dioxide and other major greenhouse gases reached record highs in 2025, indicating that the long-term global warming trend is continuing. The finding underscores the persistent buildup of heat-trapping gases in the atmosphere.
TREE NEWS update: Russian Deputy Prime Minister Alexander Novak said Russia and the United States are discussing Arctic liquefied natural gas (LNG) projects. Novak gave no further details on the talks or which projects are under discussion. The comments were reported by Interfax.
TREE NEWS reports: Europe’s STOXX 600 index rose 0.4% on Monday, setting a new intraday high for the session. The pan-European benchmark extended its advance, with the gain reflecting the latest move in regional equities.
TREE NEWS reports: Brent crude futures traded near $114 a barrel, refreshing their session low, as international oil prices extended losses. The move marks a pullback in the global benchmark, with the front-month contract hovering around the $114 level.
TREE NEWS update: The Saudi-led multinational coalition intercepted and destroyed two ballistic missiles launched by Yemen’s Houthi movement toward Riyadh on 27 March, coalition spokesman Turki al-Maliki said in a social media post. No casualties or damage were reported.
TREE NEWS update: Yemen’s Houthi movement said on the afternoon of the 27th that it launched two ballistic missiles earlier that day at Saudi Arabia’s Najran airport and King Khalid Air Base in Khamis Mushait, hitting two military transport aircraft at the base. The Houthis announced the strikes in a statement, but there was no immediate confirmation from Saudi authorities. The reported targets are in southwestern Saudi Arabia near the Yemeni border.
TREE NEWS update: Russian President Vladimir Putin called on natural gas exporters to strengthen cooperation to safeguard global market stability, speaking at the Gas Exporting Countries Forum summit in Moscow on November 27. The eighth GECF summit’s plenary session was held at the Moscow International Trade Center. Putin attended the meeting on the same day.
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