News
Important Only
CORRECTED-CBOT corn ends mixed, anchored by ample world grain supplies
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade corn futures ended narrowly mixed on Wednesday amid a lack of market-moving news, with the most-active March contract weighed down by ample global grain supplies while deferred contracts inched higher, traders said. CBOT March corn CH26 settled down...Reuters
19 minutes ago
GRAINS-Soybeans end higher as traders weigh China demand; wheat rises
By Julie Ingwersen CHICAGO, Feb 11 (Reuters) - Chicago soybean futures closed higher on Wednesday, rallying from early declines on technical buying and continued hopes of stronger Chinese demand for U.S. supplies, analysts said.Wheat jumped 1.7% on what appeared to be short-covering, while corn f...Reuters
22 minutes ago
SM Energy is seeking buyers for Eagle Ford natural gas assets, sources say
By Shariq KhanNEW YORK, Feb 11 (Reuters) - SM Energy SM.N has launched the sales process for some of its natural gas-producing assets in the Eagle Ford shale basin of South Texas as it looks to trim debt following its near $13 billion merger with Civitas, three sources familiar with the matter said....Reuters
26 minutes ago
CANADA-CRUDE-Discount on Western Canada Select widens
Feb 11 (Reuters) - The discount on Western Canada Select crude oil to North American benchmark West Texas Intermediate futures CLc1 widened on Wednesday.WCS for March delivery in Hardisty, Alberta, settled at $15.75 a barrel below the U.S. benchmark WTI, according to brokerage CalRock, compared with...Reuters
39 minutes ago
Ameren beats quarterly profit estimates on higher electricity rates
Feb 11 (Reuters) - Utility company Ameren Corp AEE.N narrowly beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by higher electricity rates and stronger retail sales in its Missouri unit, sending its shares up over 3% in extended trading.Utilities aim to shift higher grid-mod...Reuters
45 minutes ago
Trump directs Energy Department to issue funds to keep coal plants online
By Valerie Volcovici and Trevor HunnicuttWASHINGTON, Feb 11 (Reuters) - President Donald Trump on Wednesday ordered the Defense Department to purchase electricity from coal-fired power plants in his latest effort to boost the coal sector. The move, which was announced at the White House as an execut...Reuters
49 minutes ago
Marathon shuts oil refinery in Catlettsburg, Kentucky, due to power interruption
By Nicole JaoNEW YORK, Feb 11 (Reuters) - Marathon Petroleum MPC.N shut its refinery in Catlettsburg, Kentucky, due to a brief power supply interruption on Tuesday evening, industry monitor IIR Energy said on Wednesday.The facility remained offline on Wednesday, IIR Energy said in a note. "As a ...Reuters
53 minutes ago
Albemarle to idle Australia lithium plant after profit miss
Feb 11 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium, posted a larger-than-expected quarterly loss on Wednesday and said it would idle a major Australian processing plant as it continues to face weak prices for the battery metal. Shares of the Charlotte, North Carolina...Reuters
56 minutes ago
Canada's West Fraser misses Q4 revenue expectations
OverviewCanadaian wood products firm's Q4 revenue missed analyst expectationsCompany recorded $712 mln in restructuring and impairment charges in Q4Company repurchased 108,079 shares for $7 mln in Q4OutlookWest Fraser expects 2026 Lumber demand to be modest due to tariffs and affordability issue...Reuters
an hour ago
Trump directs Pentagon to buy electricity from coal plants
WASHINGTON, Feb 11 (Reuters) - President Donald Trump on Wednesday said he will soon sign an executive order to direct the Pentagon to work on new purchasing agreements with coal plants, promising the United States will purchase "a lot of coal through the military."Reuters
an hour ago
Anthropic To Bring New Power Generation Online To Match Its Data Centers' Electricity Needs
Feb 11 (Reuters) - Anthropic:ANTHROPIC: TO COVER ALL GRID UPGRADE COSTS NEEDED TO CONNECT ITS DATA CENTERS BY INCREASING ITS MONTHLY ELECTRICITY CHARGESANTHROPIC: INVESTING IN AND SUPPORTING RESEARCH ON CURTAILMENT SYSTEMS THAT CUT ITS DATACENTERS' POWER USAGE AND GRID OPTIMIZATION TOOLSANTHROPI...Reuters
an hour ago
Brazil mulls assigning beef export quotas for exporters dealing with China, official says
By Roberto Samora and Ana ManoSAO PAULO, Feb 11 (Reuters) - The Brazilian government may assign individual export quotas for domestic beef companies selling products to China, Luis Rua, trade secretary at Brazil's ministry of agriculture, said in an interview on Wednesday.The measure is an attem...Reuters
an hour ago
Trump directs Energy Department to issue funds to keep coal plants online in some US states
WASHINGTON, Feb 11 (Reuters) - U.S. President Donald Trump said on Wednesday he was directing the Department of Energy to issue funds to coal plants in West Virginia, Ohio, North Carolina and Kentucky to keep them online.Reuters
an hour ago
US sees "dramatic increase" in Venezuela oil, gas output this year, Wright says
CARACAS, Feb 11 (Reuters) - The United States can drive a "dramatic increase" in the production of oil, gas and electricity in Venezuela this year, U.S. Secretary of Energy Chris Wright said on Wednesday. Wright, speaking after a meeting with interim President Delcy Rodriguez at the Miraflor...Reuters
an hour ago
Albemarle swings to quarterly loss on charges tied to Ketjen sale
Feb 11 (Reuters) - Albemarle ALB.N, the world's largest producer of lithium, said on Wednesday it swung to a quarterly loss largely due to charges tied to the upcoming sale of its Ketjen refining catalyst business. For the quarter ended December 31, the company posted a net loss of $455.9 mil...Reuters
2 hours ago
CBOT soybeans end firm as traders gauge prospects for US sales to China
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade soybean futures closed higher on Wednesday, rallying from early declines on technical buying and continued hopes of Chinese demand for U.S. supplies, traders said.CBOT March soybeans SH26 settled up 1-1/2 cents, or 0.1%, at $11.24 per bushel after n...Reuters
2 hours ago
Anthropic to shoulder some costs as data center expansions threaten to raise power bills
Feb 11 (Reuters) - Artificial intelligence company Anthropic on Wednesday announced initiatives to limit the impact of data centers on consumer energy prices amid increased investment in power-hungry infrastructure necessary for AI tech.Anthropic will cover all grid upgrade costs needed to connect i...Reuters
2 hours ago
CBOT wheat ends higher on technical buying, short-covering
CHICAGO, Feb 11 (Reuters) - Chicago Board of Trade wheat futures closed higher on Wednesday on what appeared to be technical buying and short-covering, traders said, while market-moving news was lacking.CBOT March soft red winter wheat WH26 settled up 9 cents at $5.37-1/4 per bushel.K.C. March hard ...Reuters
2 hours ago
Pressure rises on Dubai port giant DP World over chief's alleged Epstein ties
Two firms suspend new investments with DP World over chief's alleged ties with EpsteinEmails show Sultan Ahmed bin Sulayem had long-lasting correspondence with EpsteinDP World says it handles 10% of global By Nazih Osseiran and Sam TabahritiFeb 11 (Reuters) - The UK development finance agency an...Reuters
2 hours ago
