News
Important Only
Occidental Petroleum Expects Full Year Net Capital Expenditure Between $5.5 Billion To $5.9 Billion
Feb 18 (Reuters) - Occidental Petroleum Corp OXY.N:OCCIDENTAL PETROLEUM CORP: OUTLOOK Q1 OIL & GAS TOTAL PRODUCTION 1,385 – 1,425 MBOED - PRESENTATIONOCCIDENTAL PETROLEUM CORP OUTLOOK FY OIL & GAS TOTAL PRODUCTION 1,420 – 1,480 MBOED - PRESENTATIONOCCIDENTAL PETROLEUM CORP OUTLOOK FY OIL &am...Reuters
Wed, Feb 18
Top potash producer Nutrien misses fourth-quarter profit estimates
Feb 18 (Reuters) - Nutrien NTR.TO missed analysts' expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world's top potash producer.The Saskatoon, Canada-based firm posted an adjusted profit of 83 cents per share for the three mont...Reuters
Wed, Feb 18
Canada's Taseko Q4 revenue misses estimates
OverviewCanada mining firm's Q4 revenue missed analyst expectationsQ4 net income was C$4.45 mlnOutlookTaseko expects Gibraltar copper production between 110 and 115 million pounds in 2026Florence Copper aims to produce 30 to 35 million pounds of copper cathode in 2026Company has hedging contract...Reuters
Wed, Feb 18
CIF/FOB Gulf Grain-Corn basis bids creep up, soy bids stay flat
CHICAGO, Feb 18 (Reuters) - Basis bids edged higher for corn shipped by barge to U.S. Gulf Coast terminals on Wednesday, while CIF soybean basis bids stayed largely steady, traders said.Export demand for U.S. corn has remained solid.Traders said they were waiting to see whether China begins inquirin...Reuters
Wed, Feb 18
Oil settles up 4% on Iran-US tensions, Russia-Ukraine talks end without breakthrough
Iran and Russia to conduct navy drill on Thursday, Fars news agency reportsUkraine peace talks end in Geneva after Zelenskiy says Russia stallingEurasia Group sees 65% chance of US strikes on Iran by AprilBy Georgina McCartney and Siddharth Cavale HOUSTON, Feb 18 (Reuters) - Oil prices settled mo...Reuters
Wed, Feb 18
OceanaGold Q4 revenue hits record level; co plans to double share buyback in 2026
OverviewCanadian gold and copper producer's Q4 revenue reached record levelsCompany reported record Q4 net profit of $328 mlnCompany plans to triple dividend and double share buyback in 2026OutlookOceanagold projects 2026 gold production growth of ~12% to 520,000-590,000 ouncesCompany expects 7%...Reuters
Wed, Feb 18
US and Uzbekistan sign critical minerals pact
By Marc Jones LONDON, Feb 18 (Reuters) - The U.S. government has signed an agreement with Uzbekistan to secure better access to the Central Asian country's critical minerals, as U.S. President Donald Trump moves to counter China's dominance of crucial resources and their supply chains. Th...Reuters
Wed, Feb 18
India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say
By Shariq Khan and Nidhi Verma NEW YORK/NEW DELHI, Feb 18 (Reuters) - India's state-run Bharat Petroleum Corp BPCL.NS has made its first-ever purchase of Venezuelan oil, and private refiner HPCL Mittal Energy Ltd (HMEL) has bought the South American country's crude for the first time in t...Reuters
Wed, Feb 18
Environmental groups challenge Trump decision to revoke basis of US climate regulations
Trump has sought to remove incentives for EV salesEnvironmental groups say rules will lift fuel bills sharplyEPA says Congress never meant to regulate greenhouse gas emissionsBy David Shepardson WASHINGTON, Feb 18 (Reuters) - A coalition of health and environmental groups sued President Donal...Reuters
Wed, Feb 18
Venezuela's Rodriguez and Colombia's Petro to hold meeting soon
Feb 18 (Reuters) - Venezuela's interim president Delcy Rodriguez said on Wednesday that she spoke with Colombian President Gustavo Petro and the pair agreed they would soon hold a bilateral meeting to discuss security issues, as well as economic and energy matters."We continue to promote a r...Reuters
Wed, Feb 18
US EPA plans to loosen mercury rules for coal plants this week, NYT reports
Feb 18 (Reuters) - The Trump administration plans to loosen restrictions on coal-burning power plants this week, allowing them to emit more hazardous pollutants including mercury, the New York Times reported on Wednesday.Senior U.S. Environmental Protection Agency officials are expected to announce ...Reuters
Wed, Feb 18
GRAINS-Soybeans retreat after hitting three-month high on China demand hopes
Soybeans pull back from highest price since mid-NovemberWheat futures rebound after 2% slideUSDA slated to issue US plantings estimates ThursdayBy Heather Schlitz CHICAGO, Feb 18 (Reuters) - U.S. soybean futures retreated on Wednesday after strong crushing levels and expectations of more Chin...Reuters
Wed, Feb 18
Shale producer Occidental Petroleum beats quarterly profit estimates
Feb 18 (Reuters) - U.S. shale producer Occidental Petroleum OXY.N beat Wall Street expectations for fourth-quarter profit on Wednesday, as higher production helped offset weaker crude oil prices.The Houston, Texas-based company posted an adjusted profit of 31 cents per share, for the three months en...Reuters
Wed, Feb 18
EXCLUSIVE-US refiners Phillips 66, Citgo seek to buy crude directly from Venezuela, sources say
Phillips 66, Citgo seek to purchase directly starting in April, Valero later in the yearVenezuelan crude prices ease amid US Gulf Coast supply surgeDirect purchases may face challenges under general license By Nicole Jao, Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 18 (Reuters) - U.S. ref...Reuters
Wed, Feb 18
CBOT soybeans retreat after touching three-month high
CHICAGO, Feb 18 (Reuters) - Chicago Board of Trade soybean futures ended lower on Wednesday as the market pulled back after a strong U.S. crushing pace and hopes for more Chinese buying pushed prices to a three-month high, analysts said.Larger-than-expected U.S. soybean crushings last month fueled e...Reuters
Wed, Feb 18
US natural gas futures hit four-month low on mild weather, near-record output
Mild weather reduces heating demand, impacting gas storageWaha Hub prices remain negative due to pipeline constraintsUS LNG exports on track for monthly record high in FebruaryBy Scott DiSavinoNEW YORK, Feb 18 (Reuters) - U.S. natural gas futures eased on Wednesday to a four-month low, on near-reco...Reuters
Wed, Feb 18
CBOT wheat rebounds on technical buying
CHICAGO, Feb 18 (Reuters) - Chicago Board of Trade wheat futures closed higher on technical buying on Wednesday after sliding 2% during the previous session, traders said.Weather risks and a swift end to the latest peace talks between Russia and Ukraine added uncertainty to the market.Two days of pe...Reuters
Wed, Feb 18
CBOT corn ends nearly flat, traders await US plantings estimates
CHICAGO, Feb 18 (Reuters) - Chicago Board of Trade corn futures ended nearly flat on Wednesday as traders waited for the U.S. Department of Agriculture to issue plantings estimates at an annual conference on Thursday.U.S. farmers, though punished by slumping prices after last year's monster corn...Reuters
Wed, Feb 18
