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Trinidad to consult Trump's government over possible license cancellations
PORT OF SPAIN, Feb 27 (Reuters) - Trinidad and Tobago is reaching out to U.S. President Donald Trump's administration to understand if his announced cancellation of oil licenses related to Venezuela will affect authorizations for projects with the Caribbean nation, Energy Minister Stuart Young s...Reuters
Thu, Feb 27
Oil climbs more than 2% after Trump cancels Chevron's Venezuela licence
Adds analyst comment, latest dataBrent and WTI gain 2%Both benchmarks hit two-month lows in previous sessionChevron exports about 240,000 bpd of crude from Venezuela Sanctions, tariffs make OPEC+ hesitant on April oil hikeBy Stephanie Kelly NEW YORK, Feb 27 (Reuters) - Oil prices rose more than 2...Reuters
Thu, Feb 27
CBOT soybeans tick down on tariff concerns
CHICAGO, Feb 27 (Reuters) - Chicago Board of Trade soybean futures closed lower on Thursday, pressured by concerns about the impact of U.S. tariffs on imports from Mexico, Canada and China, according to analysts. CBOT May soybeans SK25 settled down 4 cents at $10.37-1/4 per bushel.CBOT May soymeal S...Reuters
Thu, Feb 27
Trump: Efforts toward Ukraine ceasefire moving rapidly
WASHINGTON, Feb 27 (Reuters) - U.S. President Donald Trump said on Thursday that his attempts to arrange a cessation in violence between Russia and Ukraine are moving along rapidly and he was hopeful for progress."It'll either be fairly soon or not at all," Trump said at a joint White Ho...Reuters
Thu, Feb 27
Experts cite legal gaps in Trump's minerals deal with Ukraine
Ukraine concerned by lack of security guaranteesInvestment fund would hold revenue from resourcesDetails of fund agreement still to be negotiatedUS seeks alternative for Chinese resourcesBy Stephanie van den Berg and David Thomas THE HAGUE, Feb 27 (Reuters) - A framework agreement outlining U.S. ...Reuters
Thu, Feb 27
AEP, Transource to invest $1.7 billion in power grid upgrades to meet rising demand
Feb 27 (Reuters) - American Electric Power AEP.O and its transmission affiliate Transource Energy LLC will invest approximately $1.7 billion in transmission system upgrades to improve reliability and deliver more power to meet growing demand, AEP said on Thursday.AEP said in a statement that it will...Reuters
Thu, Feb 27
Former Magellan exec to plead guilty to concealing lead testing device defect
By Nate Raymond Feb 27 (Reuters) - A former executive at Magellan Diagnostics has agreed to plead guilty to concealing from regulators that the company had discovered a malfunction in its lead-testing devices that led thousands of patients to receive inaccurately low results.Reba Daoust, the comp...Reuters
Thu, Feb 27
US natgas prices ease on near-record output, lower demand forecast
Mild weather allows frozen wells to return to serviceUS gas output near record high in FebruaryUS LNG export feedgas on track for record high in FebruaryAdds latest pricesBy Scott DiSavinoFeb 27 (Reuters) - U.S. natural gas futures eased about 1% on Thursday on near-record output, forecast for less ...Reuters
Thu, Feb 27
Trump's 'very big' minerals deal may pay off with US Republicans
Zelenskiy expected in Washington on Friday to sign dealRepublican leader said 'no appetite' for more aid for UkraineUkraine supporters say Trump's personal buy-in could be keyBy Patricia Zengerle WASHINGTON, Feb 27 (Reuters) - A critical minerals deal Donald Trump has negotiated with ...Reuters
Thu, Feb 27
US Plains HRW Wheat-Basis bids steady-higher as futures plunge
CHICAGO, Feb 27 (Reuters) - Spot basis bids for hard red winter wheat were steady to higher around the southern U.S. Plains on Thursday in muted trading as futures prices fell sharply, grain merchants said.* Farmer sales were slow as futures declined for a fourth straight day and as growers waited f...Reuters
Thu, Feb 27
GRAINS-CBOT corn falls on US planting data, tariff confusion
Updates with U.S. tradingBy Renee Hickman CHICAGO, Feb 27 (Reuters) - Chicago corn was down sharply on Thursday as market players digested numbers from the U.S. Department of Agriculture's Outlook Forum as well as expectations of new U.S. tariffs on imports from Mexico and China, analysts sai...Reuters
Thu, Feb 27
Trump says talks on Ukraine advanced, Russia 'acting well'
Changes media identifier to USA-BRITAIN/UKRAINE; adds details from meeting throughoutWASHINGTON, Feb 27 (Reuters) - U.S. President Donald Trump said on Thursday that talks with Russia and Ukraine on a peace deal are "very well advanced" and credited Russia for its actions in the talks, as he...Reuters
Thu, Feb 27
Apple sued over 'carbon neutral' claim for watches
Adds Apple comment, paragraphs 8-9By Jonathan Stempel Feb 27 (Reuters) - Apple AAPL.O has been sued by consumers who said its claim that three versions of Apple Watches are "carbon neutral" and environmentally friendly is false and misleading.In a complaint filed on Wednesday in San Jose,...Reuters
Thu, Feb 27
PRECIOUS-Gold hits two-week low with firm dollar, inflation data in focus
Spot gold hit its lowest level since February 12Trump says Mexico, Canada tariffs to take effect March 4Reuters poll forecasts PCE monthly index of 0.3% for JanuaryUpdates for market closeBy Anmol Choubey Feb 27 (Reuters) - Gold prices dropped to their lowest level in over two weeks on Thursday a...Reuters
Thu, Feb 27
Expand Energy on track to boost US natgas output to meet growing demand
Expand's output to hit 7.1 bcfed in 2025 and 7.5 bcfed in 2026Stocks fall 3% to two-month lowExpand says LNG exports to boost gas demand in coming years Feb 27 (Reuters) - Expand Energy EXE.O, formerly known as Chesapeake Energy and the biggest natural gas producer in the U.S., said on Thursd...Reuters
Thu, Feb 27
Mexico's Pemex swings to $9 billion loss, management concedes challenging situation
Adds executive comment, aging fields, negative working capital, taxes, government support, paragraphs 3-5, 7, 9-10 and 13MEXICO CITY, Feb 27 (Reuters) - Mexican state oil company Pemex posted a 190.5 billion-peso ($9.1 billion) fourth-quarter net loss on Thursday, following a year-ago profit, citing...Reuters
Thu, Feb 27
Congress kills Biden era methane fee on oil, gas producers
WASHINGTON, Feb 27 (Reuters) - The U.S. Senate on Thursday voted on a resolution that would overturn the Biden administration's proposed fee on methane emissions, one of the previous Environmental Protection Agency's final measures to force big oil and gas producers to slash emissions of the...Reuters
Thu, Feb 27
Trump: Peace deal between Russia and Ukraine has advanced
WASHINGTON, Feb 27 (Reuters) - U.S. President Donald Trump told British Prime Minister Keir Starmer on Thursday a peace deal between Russia and Ukraine has advanced and that the United States has had good talks with both countries.Trump also told the British Prime Minister Ukraine's President Vo...Reuters
Thu, Feb 27
Med crude-Urals diffs steady, Russia's exports of the grade to Turkey hit 2-year low in February
By Russia's MOSCOW, Feb 27 (Reuters) - Urals crude differentials kept stable on Thursday, while loadings of the grade from Russia's western ports bound for Turkey fell to the lowest level since December 2022 after Turkey’s largest oil refiner Tupras stopped buying Russian oil.Russia's...Reuters
Thu, Feb 27
