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Canada's Nutrien says tariffs will lead to higher costs for US farmers
Feb 20 (Reuters) - Fertilizer producer Nutrien NTR.TO said on Thursday U.S. President Donald Trump's proposed tariffs on Canadian imports will increase costs for American farmers."Frankly, costs of this (tariff) will be borne by the U.S. farmers...the U.S. farmers will likely feel the impact...Reuters
Thu, Feb 20
ARA gasoline stocks drop 4%, Insights Global data shows
LONDON, Feb 20 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by 4% on the week, their second decline in a row, data from Dutch consultancy Insights Global showed.Gasoline stocks stood at 1.46 million metric tons, falling on high...Reuters
Thu, Feb 20
RPT-COLUMN-Cold weather boosts US diesel, masking economic challenges: Bousso
Repeats to Power Up newsletter subscribersBy Ron BoussoLONDON, Feb 20 (Reuters) - Frigid temperatures across the U.S. Northeast have led to a surge in heating oil demand since the start of the year, helping to offset a slowdown in consumption caused by reduced industrial activity and renewable alter...Reuters
Thu, Feb 20
Britain, France to explore electric interconnection of about 1 GW
Feb 20 (Reuters) - British energy regulator Ofgem said on Thursday it has agreed with its French counterpart, CRE, to explore further opportunities for electricity interconnection between the two countries with capacities of around 1 gigawatt.Reuters
Thu, Feb 20
EXPLAINER-Key takeaways from Trump-Putin talks: Ukraine, energy, NATO, sanctions
MOSCOW, Feb 20 (Reuters) - Russia and the United States have had their first meeting since the start of the Ukraine war, aimed at restoring relations and preparing the ground for ending the conflict.What is known so far about what was discussed? UKRAINE WARU.S. President Donald Trump says he wan...Reuters
Thu, Feb 20
REFILE-Russia's Putin holds phone call with Saudi Arabia's crown prince
Refiles to remove extraneous letter at end of 'Arabia' in headlineMOSCOW, Feb 20 (Reuters) - Russia's President Vladimir Putin held a phone call with Saudi Crown Prince Mohammed bin Salman on Thursday, the Kremlin said.Putin said the two countries will continue to work within the OPEC+ f...Reuters
Thu, Feb 20
Ex-Gunvor employee found guilty of corruption by Swiss court
Adds details throughout GENEVA, Feb 20 (Reuters) - A top Swiss court on Thursday found a former employee of commodity trading firm Gunvor guilty of corrupting officials in the Republic of Congo in exchange for oil contracts.The case is a rare incident of a corruption case involving Switzerland...Reuters
Thu, Feb 20
U.S. nuclear power plant outages
Adds outages tableFeb 20 (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 20
EU trade chief sees US willingness to reduce tariffs, wants to avoid pain
WASHINGTON, Feb 20 (Reuters) - European Union trade commissioner Maros Sefcovic said on Thursday that his top priority in trade talks with President Donald Trump's administration is to avoid a period of economic pain for both sides from unilateral U.S. tariffs and EU countermeasures.Sefcovic, sp...Reuters
Thu, Feb 20
BUZZ-COMMENT-Spreads, trade possibilities have USD/CNH nearing a sharp fall
Feb 20 (Reuters) - USD/CNH erased gains and fell away from its 10-day moving average on Thursday and yield spread differentials, hopes for easing trade tensions, and technicals suggest a much deeper decline may be in the cards.U.S. yields US2YT=RR fell Thursday after Walmart's WMT.N 2026 profit ...Reuters
Thu, Feb 20
HF Sinclair refineries to operate at 91% of capacity in Q1 2025, company says
HOUSTON, Feb 20 (Reuters) - Independent U.S. refiner HF Sinclair DINO.N plans to operate its seven refineries to operate at 91% of combined capacity of 678,000 barrels per day (bpd) in the first quarter of 2025, said Atanas Atanasov, chief financial officer, during a Thursday conference call. The co...Reuters
Thu, Feb 20
North Dakota oil output estimated down up to 160,000 bpd, state regulator says
Feb 20 (Reuters) - North Dakota oil production was estimated to be down between 130,000 and 160,000 barrels per day (bpd) as of Thursday morning due to the recent extreme cold and related operational challenges, the state's pipeline authority said.Associated wellhead natural gas production was e...Reuters
Thu, Feb 20
CBOT Trends-Soybeans up 5-10 cents, corn up 1-4, wheat steady-up 2
CHICAGO, Feb 20 (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 - Steady to up 2 cents per bushel* CBOT wheat Wv1 futures firm after a sharp decline a day earlier, lifted by a ...Reuters
Thu, Feb 20
BRIEF-Boeing CEO says supply chain on 737 is in good shape
Feb 20 (Reuters) - BOEING CEO SAYS ROLLING OUT "CULTURE TEAM" ACROSS COMPANY BEGINNING THIS YEAR --- BARCLAYS CONF.BOEING CEO SAYS FEB DELIVERIES WILL BE DOWN A LITTLE BIT FROM JANBOEING CEO SAYS SUPPLY CHAIN ON 737 IS IN GOOD SHAPEBOEING CEO SAYS WANT TO BE AT 38 737 PER MONTH FOR 2-3 MONT...Reuters
Thu, Feb 20
Ex-Gunvor employee found guilty of corruption by Swiss court
GENEVA, Feb 20 (Reuters) - A top Swiss court on Thursday found a former employee of commodity trading firm Gunvor guilty of corrupting officials in the Republic of Congo in exchange for oil contracts.The Swiss Federal Criminal Court sentenced the individual to a suspended prison sentence of 24 month...Reuters
Thu, Feb 20
PRESS DIGEST-Canada - Feb 20
Feb 20 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada is taking action to help South Africa overcome the impact of the U.S. boycott of the historic first G20 me...Reuters
Thu, Feb 20
BRIEF-US CPC Says La Niña Conditions Are Present, Expected To Be Short-Lived
Feb 20 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS LA NIÑA CONDITIONS ARE PRESENT OVER THE CENTRAL AND EAST-CENTRAL EQUATORIAL PACIFICSAYS LA NIÑA CONDITIONS ARE EXPECTED TO PERSIST THROUGH FEBRUARY-APRIL 2025 WITH A 59% CHANCESAYS THERE IS A 66% CHANCE OF A ...Reuters
Thu, Feb 20
Repsol says Trump's gas policies will help lower prices
Adds Imaz comments, details MADRID, Feb 20 (Reuters) - The chief executive of Spanish oil company Repsol REP.MC said on Thursday he expected U.S. President Donald Trump's energy policies would have a positive impact on the gas industry including increased output and lower prices."The new ...Reuters
Thu, Feb 20
Southern Co misses fourth-quarter profit estimates on higher interest costs
Feb 20 (Reuters) - U.S. utility Southern Co SO.N narrowly missed Wall Street expectations for fourth-quarter profit on Thursday, hurt by higher operating costs and interest expenses.Shares of the company fell 1.1% in premarket trading.Interest rates in the U.S. have been elevated for more than two y...Reuters
Thu, Feb 20
