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CBOT soybeans sustain rally after Trump comments
CHICAGO, Feb 5 (Reuters) - Chicago Board of Trade soybean futures extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce.Soybeans rallied on Wednesday after Trump said China was "lifting the soybean count ...Reuters
Thu, Feb 5
GRAINS-Soy rally continues after Trump says China to expand purchases
By Heather Schlitz CHICAGO, Feb 5 (Reuters) - Chicago soybeans extended gains on Thursday, a day after U.S. President Donald Trump said China had raised a target for U.S. soybean purchases under a trade truce.Corn and wheat ticked up with spillover support from soybeans, though a firmer dollar an...Reuters
Thu, Feb 5
CBOT wheat higher on spillover support
CHICAGO, Feb 5 (Reuters) - Chicago Board of Trade wheat futures ticked up with spillover support from soybeans on Thursday, though improving weather in the Black Sea region capped prices.Soybeans continued their rally that began on Wednesday after U.S. President Donald Trump said China was "lift...Reuters
Thu, Feb 5
Oil settles almost 3% down on easing supply concerns ahead of US, Iran talks
US, Iran prepare for talks on FridayAbout a fifth of global oil consumption passes through Strait of HormuzVolatility leads to record WTI Midland contracts in JanuaryBy Seher Dareen and Georgina McCartney HOUSTON, Feb 5 (Reuters) - Oil prices settled down almost 3% on Thursday in choppy tradi...Reuters
Thu, Feb 5
CBOT corn gain support from higher soy futures
CHICAGO, Feb 5 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday on spillover support from surging soybean futures. Soybeans rallied on Wednesday after President Donald Trump said China was "lifting the soybean count to 20 million tons for the current season", suggesti...Reuters
Thu, Feb 5
Goldman Sachs Sees TTF, JKM Gas Prices to Average Below $5/mmbtu in 2028/29
Feb 5 (Reuters) - GOLDMAN SACHS:FORECASTS TTF AND JKM GAS PRICES TO AVERAGE BELOW $5/MMBTU IN 2028/29, MORE THAN 50% BELOW CURRENT PROMPT PRICES SAYS THE TIMING OF THE UPCOMING LIQUEFACTION PROJECTS THAT DRIVE OUR BEARISH VIEW REMAINS KEY, AND WE TAKE STOCK OF HOW GLOBAL LNG SUPPLY GROWTH HAS EVOLVE...Reuters
Thu, Feb 5
Shell wants to export Venezuelan gas through Trinidad, CEO says
Shell has 30-year license for Dragon gas fieldNeeds OFAC license due to US sanctions on VenezuelaShell sees Dragon field development aligning with US strategyBy Curtis Williams and Dagmarah MackosFeb 5 (Reuters) - Shell SHEL.L hopes to produce gas from Venezuela's Dragon field in three years and...Reuters
Thu, Feb 5
About 2 million barrels of Venezuelan oil being shipped to Spain's Repsol, shipping schedules say
By Marianna Parraga and Pietro Lombardi HOUSTON/MADRID, Feb 5 (Reuters) - About 2 million barrels of Venezuelan heavy crude are being sent to refineries owned by oil producer Repsol REP.MC in Spain, following purchases the company negotiated with trading house Trafigura, according to shipping sch...Reuters
Thu, Feb 5
PRECIOUS-Gold slips, silver down nearly 14% on firmer dollar
JP Morgan warns rich silver valuations risk deeper pullbacksUS dollar rises to a two-week highVolatility remains elevated, analyst says By Anmol Choubey Feb 5 (Reuters) - Gold fell on Thursday, while silver slid nearly 14%, as a stronger dollar and a broad market rout prompted investors to liquid...Reuters
Thu, Feb 5
Gold slides nearly 2% as US Dollar strength triggers fresh liquidation
Gold price (XAU/USD) tumbles during the North American session on Thursday as precious metals continue their liquidation mode, while the Greenback recovers some ground amid worse-than-expected economic data in the US.
Fxstreet
Thu, Feb 5
Europe Gasoline/Naphtha-Gasoline refining margins rise further
LONDON, Feb 5 (Reuters) - Northwest European gasoline refinery profit margins rose on Thursday by $1.45 to about $8.73 a barrel amid a selloff in underlying crude prices.About 13,250 metric tons of Eurobob E10 gasoline traded on barges in the Argus window, with Phillips 66, Sahara, and Shell selling...Reuters
Thu, Feb 5
METALS-Copper slips on stronger dollar, rising inventories
Feb 5 (Reuters) - Copper fell for a second session on Thursday, tracking losses in the precious metals complex, as rising inventories and a stronger U.S. dollar weighed on prices.Benchmark three-month copper on the London Metal Exchange CMCU3 was down 1% at $12,917.50 per metric ton as of 1731 GMT.C...Reuters
Thu, Feb 5
REFILE-About 2 million barrels of Venezuelan oil being shipped to Spain's Repsol, shipping schedules say
HOUSTON/MADRID, Feb 5 (Reuters) - About 2 million barrels of Venezuelan heavy crude are being sent to refineries owned by oil producer Repsol REP.MC in Spain, following purchases the company negotiated with trading house Trafigura, according to shipping schedules seen by Reuters.Trafigura and Vitol ...Reuters
Thu, Feb 5
EU wheat steady with weather and exports in focus
PARIS, Feb 5 (Reuters) - European wheat futures were little changed on Thursday as the market paused near a 2-1/2 month high from earlier this week, while traders factored in higher Chicago prices, winter weather risks and a lull in export demand.March milling wheat BL2H6 on Euronext settled 0.1% do...Reuters
Thu, Feb 5
Texas anti-ESG law declared unconstitutional by US judge
Texas law targeted businesses boycotting fossil fuelsJudge says law violated First AmendmentBlackRock, JPMorgan pulled back on climateTexas plans to appealBy Jonathan Stempel Feb 5 (Reuters) - A federal judge declared unconstitutional a 2021 Texas law restricting state investments in companies th...Reuters
Thu, Feb 5
Boeing, Airbus In Talks With Saudi Arabia For Historic Jet Order - Bloomberg News
Feb 5 (Reuters) - BOEING, AIRBUS IN TALKS WITH SAUDI ARABIA FOR HISTORIC JET ORDER - BLOOMBERG NEWSSAUDIA WANTS TO BUY AT LEAST 150 NARROWBODY AND WIDEBODY JETS - BLOOMBERG NEWSSource text: https://tinyurl.com/25mrekj5Reuters
Thu, Feb 5
Phillips 66 to lay off 277 workers as Los Angeles refinery winds down
By Nicole Jao NEW YORK, Feb 5 (Reuters) - Phillips 66 PSX.N is set to lay off 277 employees as operations at the 139,000-barrel-per-day Los Angeles-area refinery wind down ahead of closure, filings to California's employment regulator show.The Houston-based refiner will terminate 122 employee...Reuters
Thu, Feb 5
HIF Global eyes significant capex savings on $4 billion Brazil hydrogen plant
By Oliver GriffinSAO PAULO, Feb 5 (Reuters) - HIF Global expects significantly lower costs for its green-hydrogen plant in Brazil and hopes to secure financing for the first of four planned modules in the middle of next year, the company's Latin America chief executive said on Thursday. The e-fu...Reuters
Thu, Feb 5
ConocoPhillips CEO says Venezuela focus remains on recovering money owed
Feb 5 (Reuters) - ConocoPhillips COP.N CEO Ryan Lance said on Thursday the company's priority in Venezuela remains recovering money owed under existing legal judgements, as it engages cautiously with the U.S. administration and tracks policy developments affecting the process.Reuters
Thu, Feb 5
Barrick to press ahead with IPO of North American gold assets, names Hill CEO
Barrick names Mark Hill as CEO and presidentIPO to conclude end of 2026Two deaths reported in Q4 at its Tanzania and DRC minesBy Tanay Dhumal and Divya Rajagopal Feb 5 (Reuters) - Barrick Mining ABX.TO said on Thursday it would move forward with preparations for an initial public offering of its ...Reuters
Thu, Feb 5
