News
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Slovak PM Fico says Ukraine has no interest in resuming oil transit through Druzhba
Druzhba pipeline carrying Russian crude out since January 27Fico speaks with Zelenskiy Hungary and Slovakia accuse Ukraine of delaying resumptionKyiv says it is working as fast as it can on repairs By Anita Komuves and Jason Hovet BUDAPEST, Feb 27 (Reuters) - Slovakian Prime Minister Robert F...Reuters
Fri, Feb 27
Cheniere gets $370 million 'alternative fuel' tax break from Trump's IRS
By Timothy Gardner WASHINGTON, Feb 27 (Reuters) - Cheniere Energy Inc LNG.N disclosed this week that it got a $370 million tax break from the Trump administration for burning liquefied natural gas in its massive tankers, a credit critics said was meant for far smaller boats. The company said on T...Reuters
Fri, Feb 27
EU wheat breaks above 200 euros on Iran conflict fears
PARIS, Feb 27 (Reuters) - Benchmark wheat futures prices on Euronext climbed on Friday above the psychological 200 euro mark for the first time since November as investor worries about the potential for U.S.-Iran conflict spurred short-covering before the weekend.Demand from importers this week, inc...Reuters
Fri, Feb 27
US drillers cut oil and gas rigs for first time in six weeks, says Baker Hughes
By Scott DiSavino NEW YORK, Feb 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of f...Reuters
Fri, Feb 27
GRAINS-US wheat climbs to one-year peak as US-Iran tensions spook funds
Risk of Iran conflict spurs short coveringSoybeans still supported by demand expectationsWheat hits 1-year high, corn at 7-week topBy Karl Plume CHICAGO, Feb 27 (Reuters) - U.S. wheat futures rallied to a one-year high on Friday as worries about a U.S.-Iran military conflict sparked short coverin...Reuters
Fri, Feb 27
US drillers cut oil and gas rigs for first time in six weeks, says Baker Hughes
By Scott DiSavinoNEW YORK, Feb 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in six weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Feb 27
Mexico's Pemex narrows losses in last quarter of 2025
MEXICO CITY, Feb 27 (Reuters) - Mexican state energy company Pemex narrowed losses sharply in the fourth quarter, booking a net loss of 155.23 million pesos ($8.62 million), a filing to the Mexican stock exchange showed on Friday.Over the same quarter a year earlier, it booked a net loss of 350.46 b...Reuters
Fri, Feb 27
Slovak PM has "clear impression" Ukraine does not want oil transit to resume
Feb 27 (Reuters) - Slovak Prime Minister Robert Fico said on Friday that Ukrainian President Volodymyr Zelenskiy was refusing to allow outside inspections of damage to the Druzhba oil pipeline and that he had the "clear impression" that Kyiv had no interest in allowing oil transit to resume....Reuters
Fri, Feb 27
UAE and Saudi boost oil exports as US-Iran tensions mount, sources say
UAE to export more Murban crude in April, trade sources saySaudi Arabia increases oil production amid U.S.-Iran tensionsOil prices rise as US and Iran extend talks into next weekBy Florence Tan, Yousef Saba and Seher Dareen SINGAPORE/LONDON, Feb 27 (Reuters) - UAE oil producer Abu Dhabi is set to...Reuters
Fri, Feb 27
PRECIOUS-Gold nears one-month high, set for seventh straight monthly rise
Gold set for a monthly gain of more than 7%China's January gold imports via Hong Kong rose 69% MoMUS producer prices increase more than expected in JanuarySilver, platinum, palladium also set for monthly rise By Anmol Choubey Feb 27 (Reuters) - Gold rose to near a one-month high on Friday and...Reuters
Fri, Feb 27
Brazil prosecutors sue meatpacker MBRF over dozens of employees' miscarriages
By Ana ManoSAO PAULO, Feb 27 (Reuters) - Brazilian labor prosecutors accuse meatpacker MBRF MBRF3.SA of failing to protect pregnant employees in a lawsuit citing dozens of miscarriages allegedly linked to risk factors such as excessive noise on its production lines, court documents show. Investigato...Reuters
Fri, Feb 27
US Plains HRW Wheat-Basis bids flat in subdued trade
CHICAGO, Feb 27 (Reuters) - Basis bids for hard red winter wheat were unchanged in the U.S. Plains states on Friday in a quiet trade, dealers said.Strengthening Kansas City hard red winter wheat futures may encourage farmer selling.Investor concerns about the risk of a U.S.-Iran military conflict su...Reuters
Fri, Feb 27
US Cash Grains-Soybean, corn steady-higher amid contract roll
CHICAGO, Feb 27 (Reuters) - Basis bids for soybeans and corn were mostly flat to higher across the U.S. Midwest on Friday as merchandisers rolled positions to the May corn contract CK26 and the May soybean contract SK26 ahead of the expiration of the March contract.The corn basis rose at an Illinois...Reuters
Fri, Feb 27
EDF presses ahead with Edison stake sale after Italian energy decree, sources say
By Francesca Landini and Elvira Pollina MILAN, Feb 27 (Reuters) - France's EDF is moving ahead with a possible listing or sale of a stake in Italian unit Edison, three sources with knowledge of the matter said, despite the regulatory uncertainty brought about by Italy's new energy-sec...Reuters
Fri, Feb 27
Mexico's Pemex reports fourth-quarter net loss of $8.62 million
MEXICO CITY, Feb 27 (Reuters) - Mexican state energy company Pemex booked a net loss of 155.23 million pesos ($8.62 million) and revenues of 362.45 billion pesos for the fourth quarter of last year, a filing with the Mexican stock exchange on Friday showed. ($1 = 18.0080 Mexican pesos at end-De...Reuters
Fri, Feb 27
IAEA report says Iran must allow inspections, points at Isfahan
Agency still has not visited most sensitive bombed sitesLarge stock of uranium near weapons-grade unaccounted forSome of it was underground at Isfahan tunnel complexIAEA increasingly concerned about newest plant at IsfahanBy Francois Murphy VIENNA, Feb 27 (Reuters) - The U.N. nuclear watchdog...Reuters
Fri, Feb 27
YPF projects EBITDA between $5.8 billion and $6.2 billion in 2026, says CEO
By Eliana Raszewski and Leila MillerBUENOS AIRES, Feb 27 (Reuters) - Argentine state-run oil company YPF YPFDm.BA projects an EBITDA of between $5.8 billion and $6.2 billion in 2026, up from the $5 billion reported in 2025, chief executive Horacio Marin said on Friday.Marin said that the company, w...Reuters
Fri, Feb 27
YPF projects EBITDA between $5.8 billion and $6.2 billion in 2026, says CEO
BUENOS AIRES, Feb 27 (Reuters) - Argentine state-run oil company YPF YPFDm.BA projects an EBITDA of between $5.8 billion and $6.2 billion in 2026, up from the $5 billion reported in 2025, chief executive Horacio Marin said on Friday.Marin said that the company, which leads production in Vaca Muerta,...Reuters
Fri, Feb 27
PRECIOUS-Gold poised for seventh monthly gain on geopolitical worries, softer US yields
Gold set for a monthly gain of more than 7%China's January gold imports via Hong Kong rose 69% MoMUS producer prices increase more than expected in JanuarySilver, platinum, palladium also set for monthly rise By Anmol Choubey Feb 27 (Reuters) - Gold rose on Friday and was headed for a seventh...Reuters
Fri, Feb 27
Venezuelan oil sale proceeds no longer routed through Qatar, US energy secretary says
Reroute follows executive order protecting proceeds from seizureTrump visit to Venezuela "a very real possibility"Venezuela plans to repair electricity grid, buys U.S. medical suppliesBy Sheila Dang CORPUS CHRISTI, Texas, Feb 27 (Reuters) - Proceeds from sales of Venezuelan oil are no...Reuters
Fri, Feb 27
