News
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Russia's oil and gas revenue halved in January y/y to lowest since July 2020
Russia's oil and gas revenues halved in January to $5.1 blnDrop driven by lower crude prices and a stronger roubleRussia ran a 2025 budget deficit of 2.6% of GDP MOSCOW, Feb 4 (Reuters) - Russian state oil and gas revenues halved in January compared to the same month of last year, hitting the...Reuters
Wed, Feb 4
Trump's India pact to make big dent in Russian oil revenue
Trump wants India to stop buying Russian oilIndia keeps silent but has reduced importsRussia has cut price of oil, budget suffersUS pressure rises at critical moment in Ukraine peace talks MOSCOW, Feb 4 (Reuters) - Russia faces a steep drop in oil income if U.S. President Donald Trump successfull...Reuters
Wed, Feb 4
Ukraine says it received first 2026 delivery of U.S. LNG
KYIV, Feb 4 (Reuters) - Ukraine's state-owned oil and gas major Naftogaz said on Wednesday that it has received delivery of almost 100 million cubic metres of U.S. LNG, the first such delivery in 2026.In a statement on the company's website, Naftogaz said the LNG was delivered in partnership...Reuters
Wed, Feb 4
EUROPE GAS-Prices rise on lower wind, U.S.-Iran tensions
LONDON, Feb 4 (Reuters) - Benchmark British and Dutch wholesale gas prices rose as concerns heightened again about the escalation of tensions between the United States and Iran, as well as declining wind output.The benchmark Dutch contract for March at the TTF hub TRNLTTFMc1 rose by 2.00 euros to 33...Reuters
Wed, Feb 4
Russia's oil and gas revenue halved in January y/y to lowest since July 2020
MOSCOW, Feb 4 (Reuters) - Russian state oil and gas revenue halved in January year on year to a lowest level since July 2020, reaching 393.3 billion roubles ($5.10 billion), finance ministry data showed on Wednesday, due to lower crude prices and a stronger rouble.The budget revenue was also down la...Reuters
Wed, Feb 4
Metlen to sell UK solar portfolio to Schroders Greencoat
Feb 4 (Reuters) - Metlen MTLN.L has agreed to sell a 283 megawatt (MW) portfolio of UK solar projects to Schroders Greencoat, the Greek energy and metals group said on Wednesday, describing the move as a key step in its global asset rotation strategy.The portfolio comprises seven projects across Eng...Reuters
Wed, Feb 4
Chevron commits to Yoyo-Yolanda gas project straddling Cameroon, Equatorial Guinea
CAPE TOWN, Feb 4 (Reuters) - U.S oil major Chevron CVX.N has renewed its commitment to the development of the Yoyo-Yolanda gas project that straddles the maritime border between Equatorial Guinea and Cameroon, the company said in a statement.In 2023 the two African countries signed a bilateral treat...Reuters
Wed, Feb 4
PRECIOUS-Gold climbs back near $5,100 as US-Iran tensions lift safe-haven demand
Gold extends rally after posting best day since November 2008Silver gains over 6%, platinum group metals up over 5%U.S. shoots down Iranian drone in Arabian Sea - U.S. militaryADP private payroll data due later in the dayBy Ishaan Arora Feb 4 (Reuters) - Gold prices bounced back to hover near $5,...Reuters
Wed, Feb 4
US and Iran to hold nuclear talks in Oman amid heightened tensions, diplomat says
Trump warned 'bad things' could happen if deal not reachedTalks moved to Oman, unclear whether Arab states will joinUS shot down Iran drone that approached aircraft carrierIRGC boats, US-flagged tanker in Strait of Hormuz incident Tensions have escalated since Iran’s crackdown on protests By...Reuters
Wed, Feb 4
METALS-Shanghai copper surges on China's plan to expand strategic reserves
Feb 4 (Reuters) - Shanghai copper rose on Wednesday as investors reacted to China's plan to expand its strategic reserves.The most-active copper contract on the Shanghai Futures Exchange SCFcv1 surged 3.47% to close daytime trading at 105,160 yuan ($15,159.29)a metric ton.The benchmark three-mon...Reuters
Wed, Feb 4
TABLE-UAE's Fujairah oil inventory data for week ended February 2
Feb 4 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 2, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fro...Reuters
Wed, Feb 4
China urges dialogue to safeguard global critical minerals supply chains
BEIJING, Feb 4 (Reuters) - China's foreign ministry on Wednesday called for communication to maintain the stability of global supply chains for critical minerals, responding to media reports that the European Union would pitch a partnership with the United States to curb their reliance on China....Reuters
Wed, Feb 4
PRECIOUS-Gold climbs back near $5,100 as US-Iran tensions flare
Gold extends rally after posting best day since November 2008Silver gains over 5%, platinum group metals up over 4%US shoots down Iranian drone in Arabian sea - US militaryADP private payroll data due later in the dayBy Ishaan Arora Feb 4 (Reuters) - Gold prices bounced back to near $5,100 on Wed...Reuters
Wed, Feb 4
SSE Expects FY Adjusted EPS To Be Between 144-152 Pence
Feb 4 (Reuters) - SSE PLC SSE.L:SSE PLC - Q3 TRADING STATEMENTSSE: 2025/26 FULL-YEAR ADJUSTED EARNINGS PER SHARE EXPECTED TO BE BETWEEN 144 - 152 PENCESSE: 9M RENEWABLES OUTPUT SLIGHTLY HIGHER, REFLECTING CAPACITY ADDITIONS AGAINST MIXED WEATHER CONDITIONSSSE: GENERATION OUTPUT FROM SSE RENEWABLES ...Reuters
Wed, Feb 4
TECHNICALS-CBOT corn may test support at $4.25-1/2
SINGAPORE, Feb 4 (Reuters) - CBOT March corn CH26 may test support at $4.25-1/2 per bushel, a break below which could trigger a fall into $4.21 to $4.23-1/2 range.Despite the strong bounce triggered by the support at $4.23-1/2, a channel technique still suggests a target around $4.21. The bounce may...Reuters
Wed, Feb 4
