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Mexican miners' alleged kidnappers thought they were rival group, government says
By Brendan O'Boyle Feb 10 (Reuters) - A group of 10 miners kidnapped in northern Mexico last month may have been mistaken for members of a rival criminal group, Mexico's security minister said on Tuesday, after authorities questioned initial suspects in the case. Authorities in the violen...Reuters
4 minutes ago
Venezuelan oil output could return to pre-blockade level by mid-2026, EIA says
Expanded US license to help ease Venezuela output shut-ins - EIAVenezuela was producing up to 1.2 million bpd before US naval blockadeGlobal oil output growth to outpace demand through 2027 - EIABrent crude prices to average about $57.69/bbl this year - EIABy Shariq Khan NEW YORK, Feb 10 (Reuters...Reuters
8 minutes ago
EU wheat steadies after fall as euro dips against the dollar
PARIS, Feb 10 (Reuters) - European wheat futures steadied on Tuesday, recovering from their lowest in nearly two weeks, helped by a pause in the euro's gains against the dollar.March milling wheat BL2H6 on Paris-based Euronext settled unchanged from the previous close at 189.50 euros ($225.52) a...Reuters
20 minutes ago
Mexican billionaire Slim's Grupo Carso confirms Pemex contract for Macavil gas field
MEXICO CITY, Feb 10 (Reuters) - Mexican billionaire Carlos Slim's Grupo Carso confirmed on Tuesday that it had signed a contract with state energy company Pemex to develop the onshore Macavil field in southern Mexico, focusing on condensate and natural gas.Reuters reported last week that Pemex, ...Reuters
24 minutes ago
Production at Codelco's El Teniente mine to remain at lower level next 5 years, executive says
By Kylie Madry SANTIAGO, Feb 10 (Reuters) - Output at Codelco's El Teniente mine, the site of a deadly accident last year that has hit production, will be depressed for about the next five years, mine head Claudio Sougarret said on Tuesday.The mine expects to produce 301,000 metric tons of th...Reuters
34 minutes ago
US LNG imports made up almost half of Spain's gas supply in January
MADRID, Feb 10 (Reuters) - Liquefied natural gas from the United States made up 44.4% of Spain's total gas imports in January, a sharp increase from the same month last year, data showed on Tuesday.The U.S. has become Europe's dominant supplier of LNG as the region pushed to phase out energy...Reuters
50 minutes ago
CORRECTED-EU wheat steadies after fall, with USDA data in focus
PARIS, Feb 10 (Reuters) - European wheat futures edged higher on Tuesday to recover from a near two-week low, helped by a pause in the euro's gains against the dollar and adjustments by traders before a closely tracked U.S. Department of Agriculture world crop report.March milling wheat BL2H6 on...Reuters
51 minutes ago
Venezuela oil output could return to pre-blockade level by mid-2026, EIA says
NEW YORK, Feb 10 (Reuters) - Expanded U.S. licenses for Venezuela-related deals are expected to restore the South American country's oil production by mid-2026 to the level it was at prior to a U.S. naval blockade of the country in December, the U.S. Energy Information Administration said on Tue...Reuters
an hour ago
US natgas output to hit record high in 2026, while demand holds steady, EIA says
By Scott DiSavinoNEW YORK, Feb 10 (Reuters) - U.S. natural gas output will rise to a record high in 2026, while demand will hold steady, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from a record 1...Reuters
an hour ago
Duke Energy raises five-year capital expenditure plan to $103 billion as more US data centers sign on
By Tanay Dhumal and Laila Kearney Feb 10 (Reuters) - Duke Energy DUK.N raised its five-year spending plan on power infrastructure to $103 billion, an 18 percent jump from the last iteration of what has become the largest capital expenditure plan for any U.S. regulated electric utility, the co...Reuters
2 hours ago
US Plains HRW Wheat-Basis bids unchanged ahead of expected rains
CHICAGO, Feb 10 (Reuters) - Basis bids for hard red winter wheat were steady in the U.S. Plains on Tuesday as farmers shied away from selling ahead of rain showers expected over the weekend.Farmer activity has slowed as producers seek to procure fertilizer and apply it ahead of weekend showers so th...Reuters
2 hours ago
PRECIOUS-Gold drops as investors brace for US jobs and inflation numbers
US retail sales unexpectedly flat in DecemberNonfarm payrolls data due WednesdayUS job gains could be lower in coming months, Hassett saysBy Anmol Choubey Feb 10 (Reuters) - Gold fell more than 1% on Tuesday as the market consolidated ahead of U.S. jobs and inflation data that could offer fur...Reuters
2 hours ago
US Cash Grains-Corn, soy bids flat ahead of USDA report
CHICAGO, Feb 10 (Reuters) - Basis bids for corn and soybeans were flat in the U.S. Midwest on Tuesday as market players adjusted positions and awaited the U.S. Department of Agriculture's monthly supply and demand report set to be released at 11:00 a.m. CT (1700 GMT).The U.S. Department of Agric...Reuters
2 hours ago
Brazil feedlot census shows 9.25 mln head in confinement
By Ana ManoSAO PAULO, Feb 10 (Reuters) - Some 9.25 million head of cattle passed through Brazilian feedlots in 2025, a 16% increase from 2024, as local ranchers continue to move away from a grass-fed model in large pasturelands.According to annual feedlot census data compiled by animal nutrition com...Reuters
2 hours ago
European Gas: Storage risks and LNG reliance – Commerzbank
Commerzbank’s Thu Lan Nguyen warns that unusually low gas storage levels in Germany and across the EU, combined with higher consumption and a flatter forward curve, raise the risk of price spikes and potential consumption restrictions.Fxstreet
2 hours ago
Canada's Carney says issue of bridge that Trump threatened will be settled
By David Ljunggren and David ShepardsonOTTAWA/WASHINGTON, Feb 10 (Reuters) - Canada and the United States will resolve the issue of a $4.7 billion bridge connecting Detroit and Windsor, Ontario that U.S. President Donald Trump is unhappy about, Canadian Prime Minister Mark Carney told reporters on T...Reuters
2 hours ago
Bessent says US, China could have very productive relationship
Bessent emphasizes fair rivalry with China, avoiding decouplingUpcoming meetings with Chinese Vice Premier He Lifeng plannedChina must rebalance economy, address $1 trillion trade surplus, Bessent saysU.S. and China agreed to defer rare earth export controls WASHINGTON, Feb 10 (Reuters) - U.S. Tr...Reuters
2 hours ago
Trump set to repeal landmark climate finding in huge regulatory rollback this week
Repeal targets vehicle emission standards, not power plantsRepeal will face legal challenges due to court rulingIndustry groups cautious about supporting repeal due to uncertaintyBy Valerie Volcovici and David Shepardson Feb 10 (Reuters) - The administration of President Donald Trump is set this ...Reuters
2 hours ago
