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EXCLUSIVE-Increased Orinoco Belt output boosts Venezuela's oil production to 1 million bpd, sources say
By Marianna Parraga Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, boosting the nation's total production close to 1 million barrels...
Reuters
18 minutes ago
EU proposes to add two third-country oil ports in new sanctions package
BRUSSELS, Feb 9 (Reuters) - The EU's diplomatic arm EEAS has proposed the addition of third-country ports to sanctions against Russia for the first time, its proposal document showed on Monday. The EEAS, which jointly proposed the 20th sanctions package with the European Commission, proposed to ...
Reuters
27 minutes ago
Caffeinated beverages may help protect the brain, study says
By Nancy LapidFeb 9 (Reuters) - Drinking a few cups of caffeinated coffee or tea every day may help in a small way to preserve brain power and prevent dementia, researchers reported on Monday.People with the highest daily intake of caffeinated coffee had an 18% lower risk of developing dementia comp...
Reuters
35 minutes ago
Silver price forecast: XAG/USD bullish turnaround grows legs
Silver pulled back sharply from its all-time high near 121.67 in late January, dropping over 40% before finding support around the 64.00 zone in early February.
Silver
Fxstreet
41 minutes ago
EXCLUSIVE-Codelco sees $3.9 billion investments in 2026 budget, document shows
By Fabian CamberoSANTIAGO, Feb 9 (Reuters) - Chilean state miner Codelco, the world's largest copper producer, authorized investments of $3.914 billion, made up of $3.289 billion plus Value Added Tax, according to an unpublished government decree approving its 2026 budget reviewed by Reuters. ...
Reuters
52 minutes ago
Expand Energy announces CEO departure, to move headquarters to Houston
Feb 9 (Reuters) - Natural gas producer Expand Energy EXE.O on Monday announced the departure of CEO Domenic Dell'Osso and also said it plans to relocate its corporate headquarters to Houston from Oklahoma City this year.Chairman Michael Wichterich has been appointed interim chief, effective imme...
Reuters
54 minutes ago
US Vice President Vance and Armenian leader sign civilian nuclear cooperation accord
Feb 9 (Reuters) - Armenia and the United States signed an agreement on Monday to develop cooperation in the civilian nuclear sector, Armenian Prime Minister Nikol Pashinyan said.Pashinyan signed the agreement with U.S. Vice President JD Vance, who is on a two-day visit to the country.
Reuters
56 minutes ago
BP's Gelsenkirchen refinery attracts buyer's interest from Klesch, Politico reports
FRANKFURT, Feb 9 (Reuters) - BP is in talks to sell its German oil refinery site in Gelsenkirchen to investment firm Klesch Group, news site Politico reported on Monday, citing two people familiar with the matter.BP said about a year ago that it was looking to sell its Gelsenkirchen ref...
Reuters
an hour ago
Cuba warns airlines it will run out of jet fuel
Jet fuel shortage linked to U.S. blocking Venezuelan oil exportsAirlines plan to refuel in nearby countries amid crisisMajor carriers servicing Cuba have not commented on fuel shortageCuba historically relies on Venezuela for jet fuel supplyFlights to Havana remain on schedule despite fuel issues ...
Reuters
an hour ago
US natural gas futures fall more than 8% on milder forecasts
By Anjana AnilFeb 9 (Reuters) - U.S. natural gas futures fell by more than 8% on Monday on forecasts for milder weather than previously expected for the rest of the month, erasing the previous session's gains.Gas futures for March delivery NGc1 on the New York Mercantile Exchange fell 27.7 cents...
Reuters
an hour ago
Gold: Debasement fears and retail demand – TD Securities
TD Securities’ Senior Commodity Strategist Daniel Ghali argues that fear of US Dollar debasement, rather than actual money supply growth, has been a key driver of Gold prices.
Gold
Fxstreet
2 hours ago
Iran says it could dilute enriched uranium if all sanctions are lifted
DUBAI, Feb 9 (Reuters) - Iran could agree to dilute its most highly enriched uranium in exchange for all financial sanctions being lifted, its atomic chief said on Monday, one of the most direct indications so far of its position at talks with Washington. U.S. and Iranian diplomats held ta...
Reuters
2 hours ago
PRECIOUS-Gold rises as dollar slips, focus turns to US jobs data
China's central bank buys gold for 15th consecutive monthDelayed US jobs, inflation data due later this weekBy Anmol Choubey Feb 9 (Reuters) - Gold prices rose on Monday, buoyed by a softer dollar as investors braced for a week packed with U.S. economic data that could offer more clues on the...
Reuters
2 hours ago
EXCLUSIVE-Venezuela boosts oil output in Orinoco Belt, country's production approaches 1 million bpd, sources say
Feb 9 (Reuters) - Venezuela's state oil company PDVSA has reversed most of the output cuts it had ordered at its own oilfields and joint ventures in the country's main crude region, the Orinoco Belt, which has boosted the nation's total production close to 1 million barrels per day (bpd)...
Reuters
2 hours ago
Mexico seeks voluntary return of mining concessions not being used for production
MEXICO CITY, Feb 9 (Reuters) - Mexico's President Claudia Sheinbaum said on Monday her says government was seeking the voluntary return of more than 200 mining concessions of projects that are not being used to produce any output.
Reuters
2 hours ago
CBOT Trends-Wheat steady-down 1 cent, corn and soy down 1-2
CHICAGO, Feb 9 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday: WHEAT - Steady to down 1 cent per bushelCBOT wheat was choppy as traders squared positions ahead of the U.S. Dep...
Reuters
2 hours ago
Sibanye expects short-term platinum price volatility, but return to previous lows unlikely
Price recovery spurred by tight supply, global uncertaintySibanye weighing restarting US palladium mineMiner engaging offtakers for Finland lithium outputBy Nqobile Dludla and Olivia Kumwenda-Mtambo CAPE TOWN, Feb 9 (Reuters) - Platinum group metal prices will remain volatile in the short term bu...
Reuters
3 hours ago
US forces board Venezuela-linked oil tanker in Indian Ocean without incident
WASHINGTON, Feb 9 (Reuters) - U.S. military forces boarded a crude oil tanker in the Indian Ocean after pursuing it from the Caribbean, Defense Secretary Pete Hegseth said on Monday, accusing the vessel of breaching Washington's blockade on sanctioned vessels traveling to or from Venezuela. "...
Reuters
3 hours ago
Constellation Energy unit inks new 380-megawatt deal with CyrusOne
Feb 9 (Reuters) - Major U.S. power company Constellation Energy CEG.O said on Monday its unit, Calpine, had signed a fresh 380-megawatt agreement with Dallas-based CyrusOne to connect and serve a new data center adjacent to the Freestone Energy Center in Texas. Natural gas and geothermal comp...
Reuters
3 hours ago
Expand Energy names Wichterich interim CEO, plans headquarters move to Houston
Feb 9 (Reuters) - Expand Energy EXE.O said on Monday its chairman, Michael Wichterich, has been appointed interim chief executive officer, effective immediately, and the U.S. natural gas producer announced plans to relocate its corporate headquarters to Houston from Oklahoma City.
Reuters
3 hours ago
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