News
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US drillers add oil and gas rigs for third week in a row, says Baker Hughes
Rig count rises by five to 551, highest since NovemberHaynesville Shale rig count jumps by seven to 50Permian Shale rig count drops to lowest since July 2021By Scott DiSavino NEW YORK, Feb 6 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the f...Reuters
Fri, Feb 6
US Plains HRW Wheat-Basis bids rise at some Kansas, Oklahoma elevators
CHICAGO, Feb 6 (Reuters) - Basis bids for hard red winter wheat rose at grain elevators in parts of Kansas and Oklahoma on Friday and were steady elsewhere, dealers said.One elevator raised its basis bid because it was aiming to bring in supplies after shipping out orders that had been on the books,...Reuters
Fri, Feb 6
PJM expects major power shortfall amid data center boom, Bloomberg News reports
Feb 6 (Reuters) - U.S. grid operator PJM Interconnection warned of a potential power supply shortfall of up to 60 gigawatts over the next decade as demand from data centers surges, Bloomberg News reported on Friday, citing its executives who spoke at a meeting.The shortfall would come unless unp...Reuters
Fri, Feb 6
US drillers add oil and gas rigs for third week in a row, says Baker Hughes
By Scott DiSavinoNEW YORK, Feb 6 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since November, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Feb 6
Euronext wheat ends week lower
PARIS, Feb 6 (Reuters) - Euronext wheat fell on Friday to post a weekly fall as participants made adjustments in front-month futures while a firmer euro dented export prospects.March milling wheat BL2H6 on Euronext settled 1.8% down at 190.00 euros ($224.45) a metric ton. Over the week, the contract...Reuters
Fri, Feb 6
Europe Gasoline/Naphtha-Gasoline refining margins fall
LONDON, Feb 6 (Reuters) - Northwest European gasoline refinery profit margins fell on Friday by 69 cents to about $8.40 a barrel.About 16,000 tons of E5 gasoline barges traded on Argus, with BP, ExxonMobil and Equinor selling to Varo and TotalEnergies.About 6,000 metric tons of Eurobob E10 gasoline ...Reuters
Fri, Feb 6
Iran rules out US demand to end uranium enrichment during Oman talks, diplomat says
Feb 6 (Reuters) - Iran has rejected U.S. calls to halt uranium enrichment on its territory during talks in Oman on Friday, a regional diplomat briefed by Tehran told Reuters, but said it was willing to discuss the “level and purity” of enrichment or a regional consortium.The diplomat added that Tehr...Reuters
Fri, Feb 6
EXCLUSIVE-Williams weighs buying gas-producing assets to enhance AI energy supply to hyperscalers, sources say
Williams looking to buy natural gas production assets, sources sayPart of company's strategy to focus on supplying energy to data centersWilliams already spending $5 billion-plus on power projects for digital infrastructureBy David French and Shariq Khan NEW YORK, Feb 6 (Reuters) - Williams C...Reuters
Fri, Feb 6
Argentina's minerals deal with US does not rule out Chinese investment, minister says
BUENOS AIRES, Feb 6 (Reuters) - A deal on critical minerals between Argentina and the United States signed this week does not rule out Chinese investment in the country's mining sector, Argentine Foreign Minister Pablo Quirno said on Friday."This, as of today, does not imply that China canno...Reuters
Fri, Feb 6
METALS-Copper moves back above $13,000 after investors buy the dip
Feb 6 (Reuters) - Copper shrugged off an early dip to move back above $13,000 per metric ton on Friday, snapping two straight days of declines as more affordable price levels sparked some buying interest and investor sentiment improved.Benchmark three-month copper CMCU3 on the London Metal Excha...Reuters
Fri, Feb 6
PRECIOUS-Gold bounces back on softer dollar, US-Iran concerns; silver rebounds
Silver up over 6% after falling below $65 during Asian tradeIran says talks with US in Oman were 'good start', will continueCME raises margins for gold, silver on ThursdayBy Anmol Choubey Feb 6 (Reuters) - Gold rebounded on Friday and was set for a weekly gain, helped by bargain hunting, ...Reuters
Fri, Feb 6
Sweeping EU sanctions plan aims to hit Russian crude exports harder
Ban targets services aiding Russian oil exports, hitting Greece, Cyprus, Malta20th sanctions package supersedes G7 price capAim is to pressure Russia into peace talks, von der Leyen saysNew bans on metals, chemicals, and more shadow vessels By Inti Landauro and Julia Payne BRUSSELS, Feb 6 (Reuter...Reuters
Fri, Feb 6
Valero Mckee, Texas, Refinery Reports Emissions
Feb 6 (Reuters) - Valero VLO.N:REPORTS EMISSIONS FROM FCCU STACK VENT V-20 AT MCKEE, TEXAS, REFINERY REPORTS MAINTENANCE ACTIVITIES IN COMPLEX 1REFINERY CAPACITY: 195,000 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILINGReuters
Fri, Feb 6
GRAINS-Soybeans continue rally on Trump's China comments
By Heather Schlitz CHICAGO, Feb 6 (Reuters) - Chicago Board of Trade soybeans continued a three-day-long rally on Friday fuelled by President Donald Trump's remarks on Wednesday that China would buy more U.S. soybeans. Corn and wheat chopped up and down, though ample global supply continued t...Reuters
Fri, Feb 6
US Cash Grains-Soy basis bids fall, price rally boosts farmer sales
CHICAGO, Feb 6 (Reuters) - Basis bids for soybeans were steady to down in the U.S. Midwest on Friday as rallying prices encouraged farmers to book sales, grain dealers said.Soybean futures extended gains on the Chicago Board of Trade after climbing on Wednesday when President Donald Trump said top-i...Reuters
Fri, Feb 6
Ukraine, US discussed US LNG imports, Kyiv says
KYIV, Feb 6 (Reuters) - Ukraine's energy minister said on Friday that he discussed U.S. liquefied natural gas imports during an online meeting with his U.S. counterpart.Energy Minister Denys Shmyhal said on the Telegram app that LNG supplies could be crucial to ensuring Ukraine's energy secu...Reuters
Fri, Feb 6
