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Singapore fuel oil inventories hit two-week low
SINGAPORE, Feb 12 (Reuters) - Singapore onshore fuel oil inventories fell to their lowest level in two weeks, with imports slowing after a jump in the previous week, data showed on Thursday. Inventories fell 6.2% to 22.70 million barrels (about 3.57 million metric tons) in the week to February 11, ...Reuters
Thu, Feb 12
Around 90%-95% of Indian farm products kept out of US deal, Indian trade minister says
NEW DELHI, Feb 12 (Reuters) - Around 90% to 95% of farm products produced in India have been left out of the South Asian nation's trade deal with the U.S., in which the interests of farmers have been protected, Indian Trade Minister Piyush Goyal said on Thursday.Indian textile and apparel export...Reuters
Thu, Feb 12
RPT-Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
By Isaac AnyaoguLAGOS, Feb 12 (Reuters) - Dangote Petroleum Refinery's crude distillation unit (CDU) and gasoline block were back online and running at the plant’s 650,000 barrels per day capacity during 72‑hour performance tests carried out with Honeywell UOP HON.O, the refinery said late on We...Reuters
Thu, Feb 12
Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
By Isaac AnyaoguLAGOS, Feb 12 (Reuters) - Dangote Petroleum Refinery's crude distillation unit (CDU) and gasoline block were back online and running at the plant’s 650,000 barrels per day capacity during 72‑hour performance tests carried out with Honeywell UOP HON.O, the refinery said late on We...Reuters
Thu, Feb 12
China will make fair ruling on Canadian canola, says commerce ministry
BEIJING, Feb 12 (Reuters) - China will make a fair and final ruling on Canadian Canola, the Chinese commerce ministry said on Thursday, adding that its anti-dumping probe into the oilseed has been extended to March 9.The extension is due to the "complexity" of the case, He Yadong, a ministry...Reuters
Thu, Feb 12
Inpex Executive - Plan Growth Investment Of 850 Billion Yen For 2026, Significantly Up From 387 Billion Yen In 2025
Feb 12 (Reuters) - Inpex Corp 1605.T:INPEX EXECUTIVE: PLAN GROWTH INVESTMENT OF 850 BILLION YEN FOR 2026, SIGNIFICANTLY UP FROM 387 BILLION YEN IN 2025INPEX EXECUTIVE: EXPECT OPERATING RATE IN ICHTHYS LNG PROJECT IN AUSTRALIA TO SLOW DOWN IN 2026 DUE TO CONSTRUCTION WORK TO ADD BOOSTER COMPRESSOR...Reuters
Thu, Feb 12
Magnum reports full-year net profit drop in first results since Unilever ice cream spinoff
LONDON, Feb 12 (Reuters) - The Magnum Ice Cream Company MICCT.AS reported a 48.4% drop in full-year net profit on Thursday, driven by separation, restructuring and finance costs as the company finalised its spinoff from Unilever ULVR.L to list in December. Net profit fell to 307 million euros ($364....Reuters
Thu, Feb 12
Outokumpu Q4 EBITDA Loss Widens To EUR 27 Mln
Feb 12 (Reuters) - Outokumpu Oyj OUT1V.HE:Q4 EBITDA EUR -27 MILLIONQ4 SALES EUR 1,160 MILLION VERSUS. ESTIMATE EUR 1,199 MILLIONQ4 EBIT EUR -83 MILLIONQ4 ADJUSTED EBITDA EUR 10 MILLION VERSUS. ESTIMATE EUR 4.1 MILLIONQ4 EPS EUR -0.14Q4 ADJUSTED EBIT EUR -45 MILLIONQ4 NET INCOME EUR -65 MILLIONPROPOS...Reuters
Thu, Feb 12
TECHNICALS-CBOT corn signals mixed
SINGAPORE, Feb 12 (Reuters) - Signals are mixed for CBOT March corn CH26 as it keeps swinging back and forth around a rising trendline.The strong bounce triggered by the support at $4.25-1/2 per bushel might be classified as a pullback toward the trendline, or a continuation of the uptrend from $4.1...Reuters
Thu, Feb 12
Russia to deliver crude oil and fuel to Cuba soon, Izvestia newspaper reports
MOSCOW, Feb 12 (Reuters) - Russia is preparing to dispatch crude oil and fuel cargoes to Cuba in the near future, Izvestia newspaper said on Thursday, citing the Russian embassy in Cuba.Cuba has experienced a fuel crunch as the United States has moved to cut off the communist-run nation's oil su...Reuters
Thu, Feb 12
ROI-Can Africa win as the West and China scramble for minerals?: Russell
Reuters Open Interest (ROI) https://www.reuters.com/commentary/reuters-open-interest/ is your essential source for global financial commentary. By Clyde Russell CAPE TOWN, Feb 12 (Reuters) - Two multi-billion dollar rail projects in Africa. One headed west, the other east. One backed by Western c...Reuters
Thu, Feb 12
PRESS DIGEST-British Business - February 12
Feb 12 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Heineken HEIN.AS will cut about 6,000 jobs, or 7% of its workforce, as weakening demand for alcohol prompts the D...Reuters
Thu, Feb 12
EU leaders to brainstorm how to compete with US, China at castle 'retreat'
EU Growth has lagged major economic rivalsBloc contending with tariffs, restrictions on key mineralsReport by Draghi seen as blueprint to boost competitivenessVon der Leyen wants leaders to commit to timetable at March summitBy Julia Payne and Philip Blenkinsop ALDEN BIESEN, Belgium, Feb 12 (Reut...Reuters
Thu, Feb 12
TABLE-North Sea gas maintenance schedule
Feb 12 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
Thu, Feb 12
China to brief metals firms on rare earth export controls next month
BEIJING, Feb 12 (Reuters) - A Chinese metals industry body will hold a policy briefing next month on rare earth and other critical minerals exports, as Beijing tightens controls on strategic materials and steps up oversight of dual-use goods, according to an event notice.KEY DETAILS:The China Chambe...Reuters
Thu, Feb 12
Gold retreats from two-week high as strong US NFP tempers March Fed rate cut bets
Gold (XAU/USD) edges lower during the Asian session on Thursday and reverses part of the previous day's positive move to a nearly two-week high. The commodity, however, lacks follow-through selling and currently trades just above the $5,050 level, down less than 0.50% for the day, amid mixed cues.Fxstreet
Thu, Feb 12
GRAINS-Soybeans extend gains on Brazil weather concerns, China demand optimism
BEIJING, Feb 12 (Reuters) - Chicago soybean futures climbed on Thursday, as weather concerns in Brazil and hopes for continued Chinese demand for U.S. supplies supported prices.Wheat and corn also edged higher. The most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 rose 1% to $11....Reuters
Thu, Feb 12
TECHNICALS-US oil may retrace to $63.95
For more technical analyses, click SINGAPORE, Feb 12 (Reuters) - U.S. oil CLc1 may retrace to $63.95 per barrel, as it failed to break a resistance at $65.72.The failure suggests the completion of a wave c from $62.20. Further indication of the completion comes from the division of this wave into fi...Reuters
Thu, Feb 12
