News
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PRECIOUS-Gold steadies in thin trade, investors await US inflation data
Dollar steady at over one-week highUS PCE data due on FridayFed minutes show officials grappling with policy splitBy Pablo Sinha Feb 19 (Reuters) - Gold prices were flat in thin trading on Thursday after rising more than 2% a day earlier, as investors waited for key U.S. inflation data that coul...Reuters
Thu, Feb 19
PRESS DIGEST-Financial Times - February 19
Feb 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Liberty Global agrees to buy out Vodafone in Dutch joint venture for €1bn- UK to require tech firms to remove abusive images within 48 ...Reuters
Thu, Feb 19
TECHNICALS-US oil may revisit Jan. 29 high of $66.48
For more technical analyses, click SINGAPORE, Feb 19 (Reuters) - U.S. oil CLc1 may revisit its Jan. 29 high of $66.48 per barrel, as about 76.4% of the fall from this level has been reversed.The reversal suggests a continuation of the uptrend from $54.98. A wedge is taking shape, resembling a bullis...Reuters
Thu, Feb 19
GRAINS-Soybeans rise to near 3-month high on demand prospects; wheat, corn firm
Soybeans rise, prices near highest since mid-NovemberExpectations of Chinese demand underpinning pricesBy Naveen Thukral SINGAPORE, Feb 19 (Reuters) - Chicago soybean futures ticked up on Thursday, hovering near the previous session's three-month high, as expectations of Chinese buying contin...Reuters
Thu, Feb 19
PRECIOUS-Gold dips as dollar firms ahead of inflation data
Dollar steady at over one-week highUS PCE data due on FridayFed minutes show officials grappling with policy splitBy Pablo Sinha Feb 19 (Reuters) - Gold prices ticked lower in a low-liquidity market on Thursday, after a more than 2% gain in the previous session, pressured by a firm dollar ahead ...Reuters
Thu, Feb 19
TABLE-UAE's Fujairah oil inventory data for week ended February 16
Feb 19 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 16, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
Thu, Feb 19
FCX Announces Agreement For Life Of Resource Extension Of Operating Rights In Grasberg Minerals District
Feb 18 (Reuters) - Freeport-McMoRan Inc FCX.N:FCX ANNOUNCES AGREEMENT FOR LIFE OF RESOURCE EXTENSION OF OPERATING RIGHTS IN GRASBERG MINERALS DISTRICTFREEPORT-MCMORAN INC - FCX WILL TRANSFER IN 2041 A 12% SHARE INTEREST IN PTFI TO GOVERNMENT INTERESTS AT NO COST, PROVIDED SOME CONDITIONSReuters
Thu, Feb 19
CORRECTED-Canada's Kinross Gold Q4 adjusted EPS beats expectations
OverviewGold miner's Q4 revenue rose significantly, driven by higher gold pricesAdjusted EPS for Q4 beat analyst expectationsCompany announced 14% increase in quarterly dividendOutlookKinross expects 2026 gold equivalent production of 2.0 million ounces (+/- 5%)Company forecasts 2026 production ...Reuters
Thu, Feb 19
Oil prices dip as investors assess trajectory of US-Iran tensions
By Yuka Obayashi TOKYO, Feb 19 (Reuters) - Oil prices eased in early Asia trade on Thursday, following the previous day's 4% jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region.Brent fu...Reuters
Thu, Feb 19
PRECIOUS-Gold edges down as dollar firms; inflation data in focus
Feb 19 (Reuters) - Gold prices edged lower on Thursday after a more than 2% gain in the previous session, as the U.S. dollar firmed ahead of a key inflation report due later this week that could provide more cues on the U.S. interest rate trajectory.FUNDAMENTALSSpot gold XAU= dipped 0.4% to $4,961.5...Reuters
Thu, Feb 19
GRAINS-Soybeans dip after rally, but Chinese buying hopes cap losses
SINGAPORE, Feb 19 (Reuters) - Chicago soybean futures slipped on Thursday, giving up some of the last session's gains, but expectations of Chinese buying kept prices near a three-month high.Wheat ticked higher, while corn was almost flat.FUNDAMENTALSThe most-active soybean contract on the Chicag...Reuters
Thu, Feb 19
Russia's Lavrov warns against any new US strike on Iran
Feb 18 (Reuters) - Russian Foreign Minister Sergei Lavrov, in an interview made public on Wednesday, said that any new U.S. strike on Iran would have serious consequences and called for restraint to find a solution to enable Iran to pursue a peaceful nuclear programme.Lavrov's interview with Sau...Reuters
Thu, Feb 19
ROI-Crude oil's current Iran premium assumes no supply disruption: Russell
By Clyde Russell LAUNCESTON, Australia, Feb 19 (Reuters) - The premium currently built into the crude oil price over tensions between the United States and Iran fluctuates according to the daily headlines, but there is an underlying assumption that everything will turn out fine.Global benchmark B...Reuters
Thu, Feb 19
CORRECTED-Coeur Mining Q4 revenue rises to $675 mln, driven by record production
OverviewPrecious metals miner's Q4 revenue rises to $675 mln, driven by record production and pricesOutlookCoeur Mining expects 2026 gold production of 390,000 - 460,000 ouncesCoeur Mining plans 2026 capital expenditures of $71 - $84 million for Las Chispas operationsCompany anticipates 2026 exp...Reuters
Thu, Feb 19
Traffic disrupted at Newark airport after JetBlue engine failure
By David ShepardsonFeb 18 (Reuters) - Traffic was disrupted at Newark Liberty International Airport on Wednesday after a Florida-bound JetBlue JBLU.O flight suffered an engine failure on takeoff and returned to the airport, officials said. Passengers and crew on Flight 543 exited the Airbus AIR.P...Reuters
Thu, Feb 19
Indonesia, Freeport units sign MoU to extend mining permit beyond 2041
JAKARTA, Feb 19 (Reuters) - Indonesia's investment minister and miners Freeport-McMoran and its Indonesia unit Freeport Indonesia have signed a memorandum of understanding to extend Freeport Indonesia's mining permit beyond 2041, Freeport-McMoran chairman Richard Adkerson said.Adkerson was s...Reuters
Thu, Feb 19
US states sue Trump administration to unlock funding for clean energy projects
By Peter Henderson SAN FRANCISCO, Feb 18 (Reuters) - California and a dozen other states are suing the federal government to force it to pay out grants approved by Congress for clean energy projects, the California attorney general's office said on Wednesday.The Trump administration terminate...Reuters
Thu, Feb 19
