News
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US Cash Grains-Soybean basis bids steady to firm, corn bids mixed
CHICAGO, Feb 19 (Reuters) - Spot basis bids for soybeans delivered to river elevators and processing facilities around the U.S. Midwest were steady to firm on Wednesday, while bids at interior elevators were mostly unchanged, dealers said.* Spot corn basis bids were flat at interior and river elevat...Reuters
Wed, Feb 19
Med crude-Urals diffs stable, Syzran refinery suspends operations after drone attack
MOSCOW, Feb 19 (Reuters) - Urals crude differentials to dated Brent were unchanged on Wednesday, while Rosneft's Syzran refinery in Samara region suspended operations following a drone attack, two sources told Reuters.Syzran oil refinery, with a capacity of 150,000 barrels per day, suspended oil...Reuters
Wed, Feb 19
Europe Gasoline/Naphtha-Gasoline margins edge up
LONDON, Feb 19 (Reuters) - Northwest European gasoline refining profit margins rose by 11 cents on Wednesday to $9.37 a barrel, while a gasoline cargo traded in northwest Europe.A total of 6,000 metric tons of E5 gasoline barges traded, as TotalEnergies and Trafigura sold barges to ExxonMobil, Litas...Reuters
Wed, Feb 19
METALS-Aluminium hits one-month high as EU envoys agree ban on Russian imports
Updates prices in late London tradeBy Polina Devitt LONDON, Feb 19 (Reuters) - Aluminium prices hit a one-month high on Wednesday as European Union envoys agreed to ban Russian primary aluminium imports in their 16th sanctions package to be adopted on Monday to mark the third anniversary of Russi...Reuters
Wed, Feb 19
SOFTS-Arabica coffee rallies, raw sugar scales fresh two-month peak
Recasts, updates prices, adds details LONDON, Feb 19 (Reuters) - Arabica coffee futures traded on the ICE exchange rallied on Wednesday, recovering from a sharp slide that took them off their recent record peaks, while raw sugar scaled a new two-month high.COFFEE* Arabica coffee KCc2 rose 3.8% to...Reuters
Wed, Feb 19
BRIEF-Devon Energy: Expect Only Minor Impact to Capital Plans from Trump's Tariffs
Feb 19 (Reuters) - Devon Energy DVN.N:COMPANY EXEC SAYS CO SHOULD SEE ONLY A MINOR IMPACT TO CAPITAL PLANS FROM TRUMP'S TARIFFS - CONF CALLSource text: Company Q4 2024 conference callFurther company coverage: DVN.NReuters
Wed, Feb 19
ANALYSIS-Russian forces advance on Ukraine's critical minerals as Trump talks of a deal
Updates headlineBy Andrew Osborn LONDON, Feb 19 (Reuters) - Russia, like U.S. President Donald Trump, covets Ukraine's natural resources - and on the ground its forces are closing in on a giant lithium deposit.Trump said this month he wants Kyiv to hand over large quantities of its critical m...Reuters
Wed, Feb 19
AngloGold returns to profit after gold price rally
Adds shares, analyst comment paragraphs 6-7 JOHANNESBURG, Feb 19 (Reuters) - AngloGold Ashanti AU.N is boosting payouts to investors, it said on Wednesday, after its profit surged to $954 million last year from a loss of $46 million in the prior year, buoyed by the precious metal's rally to r...Reuters
Wed, Feb 19
BRIEF-President Trump Has Empowered Musk To Explore Drastic Options To Prod Boeing To Move Faster On 2 Air Force One Jet Deliveries - NYT
Feb 19 (Reuters) - PRESIDENT TRUMP HAS EMPOWERED ELON MUSK TO EXPLORE DRASTIC OPTIONS TO PROD BOEING TO MOVE FASTER ON 2 AIR FORCE ONE JET DELIVERIES - NYTSource text: [https://tinyurl.com/2j77emv8]Further company coverage: BA.NReuters
Wed, Feb 19
EU wheat eases on weakness in Chicago, lingering export concerns
PARIS, Feb 19 (Reuters) - Euronext wheat edged lower on Wednesday, pressured by weakness in Chicago prices and worries over slow export demand in Western Europe, traders said.May futures BL2K5, the most-active contract on Euronext's milling wheat market, were down 0.8% by 1544 GMT at 238.25 euro...Reuters
Wed, Feb 19
US Army Corps lists 600 "emergency" projects to bypass environmental review
By Valerie VolcoviciWASHINGTON, Feb 19 (Reuters) - The Army Corps of Engineers has identified over 600 energy and other infrastructure projects identified as national emergency priorities, enabling them to be fast-tracked through the environmental review process, according to new data posted on its ...Reuters
Wed, Feb 19
ANALYSIS-Russia advances on Ukraine's critical minerals as Trump talks of a deal
By Andrew Osborn LONDON, Feb 19 (Reuters) - Russia, like U.S. President Donald Trump, covets Ukraine's natural resources - and on the ground its forces are closing in on a giant lithium deposit.Trump said this month he wants Kyiv to hand over large quantities of its critical minerals in retur...Reuters
Wed, Feb 19
Final decision for Petronas' block 52 in Suriname expected in 2026, Staatsolie says
GEORGETOWN, Feb 19 (Reuters) - A final investment decision is expected next year for Block 52 in Suriname, operated by Malaysia's Petronas PETRA.UL and that could be the second to begin oil and gas output off the South American country's waters, the head of state oil company Staatsolie, Anna...Reuters
Wed, Feb 19
Wheat Thins purchasers settle with Mondelez over labeling
By Jonathan StempelFeb 19 (Reuters) - Wheat Thins purchasers reached a $10 million settlement of a lawsuit accusing Mondelez International MDLZ.O of deceptively labeling the crackers as "100% Whole Grain" though they contained corn starch, a refined grain.A preliminary settlement of the nati...Reuters
Wed, Feb 19
Exxon's gas project in Guyana to include fertilizer plant, executive says
GEORGETOWN, Feb 19 (Reuters) - A large-scale gas project by Exxon Mobil XOM.N in Guyana set to provide natural gas to shore and export liquefied natural gas (LNG) will also include fertilizer plants, the head of the U.S. oil major in Guyana, Alistair Routledge, said on Wednesday.A consortium led by ...Reuters
Wed, Feb 19
Putin suggests Western involvement in Ukrainian attack on CPC oil infrastructure
Adds Putin quotes in paragraphs 3, 5-6MOSCOW, Feb 19 (Reuters) - Russian President Vladimir Putin suggested on Wednesday that a Ukrainian drone attack on the Caspian Pipeline Consortium (CPC) pumping station in southern Russia might have been coordinated with its Western allies.Putin said that he be...Reuters
Wed, Feb 19
Canada is focused on making sure US doesn't impose tariffs, says Trudeau
OTTAWA, Feb 19 (Reuters) - Canada is totally focused on making sure the United States does not go ahead with a threat to impose tariffs on Canadian imports, Prime Minister Justin Trudeau said on Wednesday."If ever there are tariffs brought in Canada, our response will be immediate and strong, bu...Reuters
Wed, Feb 19
CBOT Trends-Wheat down 4-6 cents, corn and soybeans down 1-3
CHICAGO, Feb 19 (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 Wednesday.WHEAT - Down 4 to 6 cents per bushel* CBOT wheat Wv1 futures decline in a profit-taking and technical-selling setback...Reuters
Wed, Feb 19
Sibanye flags full-year loss after $500 million US impairment
Adds details from paragraph 3 Feb 19 (Reuters) - Sibanye Stillwater SSWJ.J expects to report a loss for the 2024 financial year after a $500 million asset writedown at its U.S. platinum group metal operations, mainly because of lower palladium price forecasts, it said on Wednesday.The company sai...Reuters
Wed, Feb 19
