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METALS-LME copper falls with tariff worries, stronger dollar
Updates pricesBy Polina Devitt LONDON, Feb 27 (Reuters) - Copper prices fell in London on Thursday amid fresh worries about global trade wars after U.S. President Donald Trump said that his proposed 25% tariffs on Mexican and Canadian goods will go into effect on March 4 as scheduled. Thre...Reuters
Thu, Feb 27
Europe Gasoline/Naphtha-Gasoline refining margins slip on higher stocks
LONDON, Feb 27 (Reuters) - Northwest European gasoline refining profit margins fell by $1.25 on Thursday to $7.22 a barrel as higher Atlantic basin stocks weighed. A total of 10,700 metric tons of E10 gasoline barges traded, as Shell sold to Varo and BP. A further 9,500 tons of...Reuters
Thu, Feb 27
Russia's Portovaya and Kryogaz-Vysotsk halt LNG exports as sanctions kick in, data shows
Adds detail on Portovaya LNG operations in paragraphs 3-4MOSCOW, Feb 27 (Reuters) - Small-scale Russian producers of liquefied natural gas (LNG) located on the shores of the Baltic Sea, Portovaya LNG and Kryogaz-Vysotsk, have suspended LNG supplies, LSEG ship-tracking data showed on Thursday, as U.S...Reuters
Thu, Feb 27
U.S. nuclear power plant outages
Adds outages tableFeb 27 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW ...Reuters
Thu, Feb 27
BRIEF-Phillips 66 Reports Flaring at Sweeny, Texas Refinery
Feb 27 (Reuters) - PHILLIPS 66 PSX.N:REPORTS EXCESS LIQUID LEVEL IN 29.2-95-4 INTERSTAGE SECTION DRUM TRIPPED 29.2 C101 WET GAS COMPRESSOR OFFLINE RESULTING IN FLARING AT SWEENY REFINERY AND PETROCHEMICAL COMPLEX,TEXAS REPORTS MAIN FRACTIONATION TOWER FLOODED DURING PLANNED RESTART AND EXCESS LIQUID...Reuters
Thu, Feb 27
ARA gasoil stocks fall 1%, Insights Global data shows
LONDON, Feb 27 (Reuters) - Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by over 1% on the week to 2.5 million metric tons on Thursday, data from Dutch consultancy Insights Global showed.Gasoil stocks, which include diesel, fell to 2.5 millio...Reuters
Thu, Feb 27
Evergy's pipeline of power users like data centers jumps to 11.2 GW
Rewrites to focus on data center pipeline Feb 27 (Reuters) - Evergy Inc's EVRG.O pipeline of potential very large electricity customers, like data centers, has grown to 11.2 gigawatts (GW), which is more than the utility's current total maximum demand, executives said on Thursday. ...Reuters
Thu, Feb 27
Mexico's Pemex swings to $9.1 billion loss in fourth-quarter
MEXICO CITY, Feb 27 (Reuters) - Mexican state oil company Pemex reported a 190.5 billion-peso ($9.1 billion) fourth-quarter net loss, after posting a profit in the year-ago period, according to a filing with the country's main stock exchange on Thursday.The oil company's revenue during the ...Reuters
Thu, Feb 27
US farmers to plant more corn, less soy in 2025, USDA says
USDA forecasts increased corn, decreased soybean plantings for 2025Corn prices rise due to tightened global suppliesUS soybean exports face competition from South AmericaAdds crop production figures, trade expectations, quoteBy Julie Ingwersen and Leah Douglas ARLINGTON, Virginia, Feb 27 (Reuters...Reuters
Thu, Feb 27
Lyondell to lay off 86% of workforce at Houston refinery soon to close, filing shows
By Georgina McCartney HOUSTON, Feb 27 (Reuters) - Lyondell Basell Industries' LYB.N will lay off 345 workers at its shuttered Houston refinery on April 17, according to a filing with the Texas Workforce Commission.There are around 400 Lyondell employees working at the 263,776 barrel-per-day-c...Reuters
Thu, Feb 27
Apple sued over 'carbon neutral' claim for watches
By 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, California federal court, seven p...Reuters
Thu, Feb 27
Chevron license termination could lead to new oil export pact in Venezuela, sources say
Adds context, details and reactions in paragraphs 2-4 and 7-9By Marianna Parraga HOUSTON, Feb 27 (Reuters) - The cancellation of a license for Chevron CVX.N to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude...Reuters
Thu, Feb 27
Brazil food processor says 2025 food sales exceed expectations
SAO PAULO, Feb 27 (Reuters) - Listed meat processor BRF BRFS3.SA said on Thursday food sales exceeded expectations in the first two months of the year in Brazil, with the company planning to expand production of processed foods to capture revenue from strong demand, executives said on Thursday."...Reuters
Thu, Feb 27
China plays key role on climate change, may be looked to for additional leadership, COP30 president says
Updates with quotes, backgroundBy Liz Lee BEIJING, Feb 27 (Reuters) - China has a very important role to play in tackling climate change and others may look to the Asian country for additional leadership in the field, COP30 President-Designate Andre Aranha Correa do Lago said on Thursday.Asked ab...Reuters
Thu, Feb 27
BRIEF-International RPK Increased 12.4% YoY In January - IATA
Feb 27 (Reuters) - JANUARY INDUSTRY TOTAL REVENUE PASSENGER-KILOMETER (RPK) ROSE BY 10.0% YEAR-ON-YEAR (YOY) - IATAPASSENGER LOAD FACTOR (PLF) REACHED 82.1% ACROSS THE INDUSTRY, A RECORD FOR JANUARY - IATAINTERNATIONAL RPK INCREASED 12.4% YOY IN JANUARY - IATAReuters
Thu, Feb 27
CBOT Trends-Wheat down 5-10 cents, corn down 1-3, soybeans up 3-6
CHICAGO, Feb 27 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Thursday.WHEAT - Down 5 to 10 cents per bushel* Wheat futures Wv1 down for a fourth straight session after the U.S. Department ...Reuters
Thu, Feb 27
Chevron license termination to lead to new oil offtaking pact in Venezuela, sources say
HOUSTON, Feb 27 (Reuters) - The announced cancellation of a key license for U.S. producer Chevron CVX.N to operate in Venezuela is expected to lead to the negotiation of a fresh agreement with state company PDVSA to export crude to destinations other than the U.S., sources close to the talks said.As...Reuters
Thu, Feb 27
Vistra reports quarterly profit as AI boom fuels power demand
Feb 27 (Reuters) - Power producer Vistra Corp VST.N reported fourth-quarter profit on Thursday, reversing a year-ago loss, as strong electricity demand from AI-server infrastructure boosted its shares by 7.3% to $159 in premarket trading.Utilities have witnessed a huge surge in the demand for power ...Reuters
Thu, Feb 27
US natgas prices ease on mild weather ahead of storage report
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 FebruaryBy Scott DiSavinoFeb 27 (Reuters) - U.S. natural gas futures eased about 1% on Thursday on near record output, mild weather and forecast for less h...Reuters
Thu, Feb 27
