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Kremlin declines to comment on report it plans to send oil to Cuba
MOSCOW, Feb 12 (Reuters) - The Kremlin on Thursday declined to comment on a report in Russian media that Moscow plans to send oil to Cuba, but said that it is in contact with Havana and is discussing what help it can offer.Reuters
26 minutes ago
Global oil demand to rise less than expected in 2026, IEA says
IEA still projects sizeable global oil supply surplus in 2026Oil prices rise amid geopolitical tensions and supply outagesOPEC+ and other producers boost supply faster than demandBy Alex Lawler LONDON, Feb 12 (Reuters) - World oil demand will rise more slowly than expected this year, the Intern...Reuters
34 minutes ago
Oil prices edge higher as investors assess US-Iran tensions
Trump says talks with Tehran will continueLarge build in US crude stocks caps price gains IEA lowers global oil demand forecast for 2026By Enes Tunagur LONDON, Feb 12 (Reuters) - Oil prices edged up on Thursday morning as investors considered potential escalation of U.S.-Iran tensions and fears t...Reuters
41 minutes ago
Russian air attack knocks out power, heat to thousands of Ukrainians
Kyiv apartment buildings lose heating after Russian strikesOdesa, Dnipro suffer power outages and civilian injuriesUkraine says attacks undermine Trump-led peace initiative Feb 12 (Reuters) - Russia pounded Ukraine with drones and ballistic missiles overnight on Thursday, further battering its en...Reuters
54 minutes ago
Ice cream maker Magnum's shares slump as debut results underwhelm
Magnum reports first results since Unilever spin-offNet profit down 48.4%, sales and volume growth miss expectationsIce cream maker's share price tumbles on market openingBy Alexander Marrow LONDON, Feb 12 (Reuters) - Magnum Ice Cream's MICCT.AS shares fell sharply on Thursday after the c...Reuters
an hour ago
US pushes AI funding, fisheries tech at APEC amid China rivalry
US launches $20 million fund for AI tech adoption in APEC regionChina aims to close AI tech gap, faces chipmaking challengesUS promotes tech to combat illegal fishingBy David KirtonGUANGZHOU, Feb 12 (Reuters) - The Trump administration is promoting artificial intelligence exports and maritime survei...Reuters
2 hours ago
Singapore fuel oil inventories hit two-week low
SINGAPORE, Feb 12 (Reuters) - Singapore onshore fuel oil inventories fell to their lowest level in two weeks, with imports slowing after a jump in the previous week, data showed on Thursday. Inventories fell 6.2% to 22.70 million barrels (about 3.57 million metric tons) in the week to February 11, ...Reuters
2 hours ago
Around 90%-95% of Indian farm products kept out of US deal, Indian trade minister says
NEW DELHI, Feb 12 (Reuters) - Around 90% to 95% of farm products produced in India have been left out of the South Asian nation's trade deal with the U.S., in which the interests of farmers have been protected, Indian Trade Minister Piyush Goyal said on Thursday.Indian textile and apparel export...Reuters
2 hours ago
RPT-Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
By Isaac AnyaoguLAGOS, Feb 12 (Reuters) - Dangote Petroleum Refinery's crude distillation unit (CDU) and gasoline block were back online and running at the plant’s 650,000 barrels per day capacity during 72‑hour performance tests carried out with Honeywell UOP HON.O, the refinery said late on We...Reuters
2 hours ago
Nigeria's Dangote refinery says crude unit and petrol block running at capacity in tests
By Isaac AnyaoguLAGOS, Feb 12 (Reuters) - Dangote Petroleum Refinery's crude distillation unit (CDU) and gasoline block were back online and running at the plant’s 650,000 barrels per day capacity during 72‑hour performance tests carried out with Honeywell UOP HON.O, the refinery said late on We...Reuters
2 hours ago
China will make fair ruling on Canadian canola, says commerce ministry
BEIJING, Feb 12 (Reuters) - China will make a fair and final ruling on Canadian Canola, the Chinese commerce ministry said on Thursday, adding that its anti-dumping probe into the oilseed has been extended to March 9.The extension is due to the "complexity" of the case, He Yadong, a ministry...Reuters
3 hours ago
Inpex Executive - Plan Growth Investment Of 850 Billion Yen For 2026, Significantly Up From 387 Billion Yen In 2025
Feb 12 (Reuters) - Inpex Corp 1605.T:INPEX EXECUTIVE: PLAN GROWTH INVESTMENT OF 850 BILLION YEN FOR 2026, SIGNIFICANTLY UP FROM 387 BILLION YEN IN 2025INPEX EXECUTIVE: EXPECT OPERATING RATE IN ICHTHYS LNG PROJECT IN AUSTRALIA TO SLOW DOWN IN 2026 DUE TO CONSTRUCTION WORK TO ADD BOOSTER COMPRESSOR...Reuters
3 hours ago
Magnum reports full-year net profit drop in first results since Unilever ice cream spinoff
LONDON, Feb 12 (Reuters) - The Magnum Ice Cream Company MICCT.AS reported a 48.4% drop in full-year net profit on Thursday, driven by separation, restructuring and finance costs as the company finalised its spinoff from Unilever ULVR.L to list in December. Net profit fell to 307 million euros ($364....Reuters
3 hours ago
Outokumpu Q4 EBITDA Loss Widens To EUR 27 Mln
Feb 12 (Reuters) - Outokumpu Oyj OUT1V.HE:Q4 EBITDA EUR -27 MILLIONQ4 SALES EUR 1,160 MILLION VERSUS. ESTIMATE EUR 1,199 MILLIONQ4 EBIT EUR -83 MILLIONQ4 ADJUSTED EBITDA EUR 10 MILLION VERSUS. ESTIMATE EUR 4.1 MILLIONQ4 EPS EUR -0.14Q4 ADJUSTED EBIT EUR -45 MILLIONQ4 NET INCOME EUR -65 MILLIONPROPOS...Reuters
3 hours ago
TECHNICALS-CBOT corn signals mixed
SINGAPORE, Feb 12 (Reuters) - Signals are mixed for CBOT March corn CH26 as it keeps swinging back and forth around a rising trendline.The strong bounce triggered by the support at $4.25-1/2 per bushel might be classified as a pullback toward the trendline, or a continuation of the uptrend from $4.1...Reuters
3 hours ago
ROI-Trump rate hopes and CBO budget math don't chime: Mike Dolan
By Mike Dolan LONDON, Feb 12 (Reuters) - President Donald Trump is insisting - and not for the first time - that U.S. interest rates should be the lowest in the world. Bond markets eyeing the latest long-term budget math beg to differ.Trump's dogged insistence on slashing interest rates is in...Reuters
3 hours ago
Russia to deliver crude oil and fuel to Cuba soon, Izvestia newspaper reports
Cuba is facing a severe fuel shortage due to US actionsIsland warned that jet fuel was no longer availableRussia last supplied Cuba with oil in February 2025 MOSCOW, Feb 12 (Reuters) - Russia is preparing to dispatch crude oil and fuel cargoes to Cuba in the near future, Izvestia newspaper said o...Reuters
4 hours ago
Russia to deliver crude oil and fuel to Cuba soon, Izvestia newspaper reports
MOSCOW, Feb 12 (Reuters) - Russia is preparing to dispatch crude oil and fuel cargoes to Cuba in the near future, Izvestia newspaper said on Thursday, citing the Russian embassy in Cuba.Cuba has experienced a fuel crunch as the United States has moved to cut off the communist-run nation's oil su...Reuters
4 hours ago
