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GRAINS-Soybeans rise on export optimism; corn, wheat choppy after USDA report
By Julie Ingwersen CHICAGO, Feb 10 (Reuters) - Chicago soybean futures rose nearly 1% on Tuesday on optimism about demand for U.S. supplies, analysts said, but stayed below a two-month high set last week.Corn and wheat futures were narrowly mixed in choppy trade after the U.S. Department of Agric...Reuters
37 minutes ago
Oil prices steady as Iran-US tensions and US data eyed
Market awaits signals from Iran-US diplomacy and US economic dataEU proposes demands of Russia amid Ukraine conflictUS oil inventories expected to have risen last weekBy Scott DiSavino NEW YORK, Feb 10 (Reuters) - Oil prices were little changed on Tuesday as the market waited for direction from n...Reuters
40 minutes ago
US probe finds no evidence of spyware in Chinese power inverters
Feb 10 (Reuters) - U.S. energy officials found no evidence of malicious communication equipment embedded in Chinese-made inverters in the nation's power infrastructure, according to a Department of Energy report viewed by Reuters.Inverters convert electricity produced by solar panels or batterie...Reuters
40 minutes ago
White House says Trump plans to formalize regulatory rollback on greenhouse gases
WASHINGTON, Feb 10 (Reuters) - In a sweeping rollback of climate change policy, U.S. President Donald Trump on Thursday plans to formalize a move to overturn the Obama-era legal basis for federal greenhouse gas rules, the White House said on Tuesday. White House press secretary Karoline Leavitt tol...Reuters
46 minutes ago
Trump made clear his position on Detroit-Windsor bridge to Carney, White House says
Feb 10 (Reuters) - President Donald Trump spoke to Canadian Prime Minister Mark Carney on Tuesday and made clear his position that it's "unacceptable" that Canada will "control" what crosses a new bridge connecting Detroit and Windsor, Ontario White House spokeswoman Karoline Lea...Reuters
46 minutes ago
EXCLUSIVE-Citgo struggles with long-term direction as sale process remains frozen, sources say
Court's sale order remains unexecuted, pending OFAC approvalCitgo prevented from making material changes that could alter company's value, sources say Amber plunging itself into refiner's decision-making, sources sayBy Marianna Parraga and Sheila Dang HOUSTON, Feb 10 (Reuters) - U.S. ...Reuters
an hour ago
Europe Gasoline/Naphtha-Gasoline refining margins rise
LONDON, Feb 10 (Reuters) - Northwest European gasoline refinery profit margins rose by $1.11 on Tuesday to about $9.78 a barrel.About 4,000 tons of E5 gasoline barges traded in the Argus window on Tuesday.No Eurobob E10 gasoline barges traded. Meanwhile, EU-27 and UK gasoline and blending component ...Reuters
an hour 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 further...Reuters
an hour ago
Gold dips but holds $5,000 as US Dollar recovers on soft data
Gold price turns negative during Tuesday’s session, even though worse than expected data in the US pushed investors to trim US Dollar shorts, pushing the yellow metal lower, but remaining above the $5,000 threshold. At the time of writing, XAU/USD trades with losses of 0.72% at $5,022.
Fxstreet
an hour ago
U.S. will have to do 'something very tough' if no deal reached with Iran, says Trump
CAIRO, Feb 10 (Reuters) - The United States will have to do "something very tough" if a deal is not reached with Iran, President Donald Trump told Israel's Channel 12 in an interview published online on Tuesday."Either we reach a deal or we'll have to do something very tough,"...Reuters
2 hours ago
WTI Oil declines as US-Iran talks ease tensions, supply data awaited
West Texas Intermediate (WTI) US Oil trades around $63.90 per barrel on Tuesday, down 0.43% on the day at the time of writing. The Crude Oil remains under pressure as concerns about potential supply disruptions in the Middle East have partly faded.
Fxstreet
2 hours ago
US natgas output to hit record high in 2026, while demand holds steady, EIA says
EIA forecasts higher natural gas production in 2026 and 2027Gas prices rose sharply in January due to winter stormEIA projects decline in coal production and carbon emissions by 2027By Scott DiSavinoNEW YORK, Feb 10 (Reuters) - U.S. natural gas output will rise to a record high in 2026, while demand...Reuters
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours ago
