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PRECIOUS-Gold rises over 2% as soft inflation data rekindles Fed rate-cut hopes
US consumer prices rise less than expected in JanuaryGold on track for a weekly gainSilver, platinum and palladium headed for weekly lossANZ raises gold price forecast to $5,800/oz for Q2By Anmol Choubey and Anjana Anil Feb 13 (Reuters) - Gold prices rose more than 2% on Friday and were headed fo...Reuters
7 minutes ago
US Cash Grains-Soybean bids steady to lower as futures fall
CHICAGO, Feb 13 (Reuters) - Basis bids for soybeans were flat to lower in a spot check of facilities in the U.S. Midwest on Friday as futures ticked down. The soybean basis was lower at an elevator in Cincinnati, Ohio and a processor in Decatur, Illinois.The corn basis was lower at a river terminal ...Reuters
10 minutes ago
US drillers cut three oil rigs, add three gas rigs, leaving weekly count unchanged, says Baker Hughes
By Scott DiSavino NEW YORK, Feb 13 (Reuters) - U.S. energy firms this week cut three oil rigs and added three natural gas rigs, keeping the overall rig count unchanged, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday. After rising for three weeks in a ...Reuters
16 minutes ago
Costco sued over alleged salmonella risk in rotisserie chicken
Costco plant in Nebraska allegedly fails USDA safety standardsRotisserie chicken sales topped 157 million in 2025Costco not available for commentBy Jonathan StempelFeb 13 (Reuters) - Costco COST.O is facing a new lawsuit over its rotisserie chicken, after an animal rights nonprofit claimed that the...Reuters
19 minutes ago
Europe Gasoline/Naphtha-Gasoline refining margins edge lower
LONDON, Feb 13 (Reuters) - Northwest European gasoline refinery profit margins fell by 80 cents on Friday to about $7.69 a barrel.Trafigura sold 2,000 metric tons of E5 gasoline barges to TotalEnergies in the Argus window.No Eurobob E10 gasoline barges traded in the Argus window. Trafigura sold a ca...Reuters
31 minutes ago
Enbridge Exec Says Venezuela Crude Is A Supplement To Canadian Heavy Crude Not A Replacement - Conf Call
Feb 13 (Reuters) - Enbridge Inc ENB.TO:ENBRIDGE EXPECTS TO REACH FID ON ANOTHER $10 BILLION TO $20 BNL OF GROWTH PROJECTS OVER THE NEXT 24 MONTHS - CONF CALLENBRIDGE DOES NOT EXPECT ANY MATERIAL IMPACT FROM THE RECENT GEOPOLITICAL EVENTS INVOLVING VENEZUELA - CONF CALLENBRIDGE EXEC SAYS VENEZUELA CR...Reuters
40 minutes ago
US drillers cut three oil rigs, add three gas rigs, leaving weekly count unchanged, says Baker Hughes
NEW YORK, Feb 13 (Reuters) - U.S. energy firms this week cut three oil rigs and added three natural gas rigs, keeping the overall rig count unchanged, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
44 minutes ago
Caturus signs 20-year LNG supply deal with Saudi Aramco
Feb 13 (Reuters) - U.S. gas producer Caturus said on Friday its unit, Commonwealth LNG, signed a 20-year agreement to supply 1 million tonnes per annum of LNG to Saudi Aramco 2223.SE from its proposed Louisiana export project.The U.S. has been working to cement its position as the world's bigges...Reuters
an hour ago
Oil prices stable as investors weigh OPEC+ supply, US inflation data
OPEC+ may resume oil output increases from April, impacting summer fuel demandUS CPI data suggests potential for further rate cuts, boosting risk appetiteRussia says next Ukraine peace talks set for next weekInvestors watch for US-Iran talks, easing Venezuelan sanctions By Arathy Somasekhar HOUST...Reuters
an hour ago
EU wheat eases after hitting one-week high
PARIS, Feb 13 (Reuters) - Euronext wheat edged back from one-week highs on Friday as a short-covering rally in Chicago faded and India's decision to authorise exports put the focus back on ample global supply.May milling wheat BL2K6, now the most-active position on Euronext, was down 0.4% at 191...Reuters
an hour ago
METALS-Aluminium pulls back from one-week low after market digests report Trump may ease tariffs
Prospect of tariff-easing adds to pricing uncertaintyTrump imposed import tariffs of up to 50% last JuneTrade also slower in run-up to Chinese New YearBy Eric Onstad LONDON, Feb 13 (Reuters) - Aluminium prices sank to a one-week low on Friday after a report the U.S. may trim some import tariffs, ...Reuters
2 hours ago
Copper miner Codelco sacks executives after El Teniente audit
By Fabian Cambero SANTIAGO, Feb 13 (Reuters) - Chilean state copper miner Codelco on Friday removed three senior executives linked to its El Teniente division, the site of a deadly collapse last year, after an internal audit found inconsistencies tied to a prior accident in the same mine.Codelco ...Reuters
2 hours ago
ANALYSIS-Trump EPA ends emissions limits for US automakers; state rules, lawsuits could follow
By Valerie VolcoviciWASHINGTON, Feb 13 (Reuters) - President Donald Trump's repeal of the foundation for federal climate regulation will immediately free automakers from costly tailpipe emissions standards, but the move could spark lawsuits and force businesses to navigate an uncertain future of...Reuters
2 hours ago
EXCLUSIVE-Venezuela's PDVSA selling oil only to individually licensed companies, sources say
PDVSA limits oil sales to individually licensed companies, affecting exportsU.S. banks hesitant to finance Venezuelan oil trade due to license complexitySome potential buyers also await internal compliance clearancesBy Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 13 (Reuters) - Venezuela&#...Reuters
2 hours ago
Bessent says any narrowing of US metals tariffs up to Trump
Bessent tells CNBC there is a possibility of modifications to metals tariffsTrump doubled tariffs on steel, aluminum and derivative products to 50% in 2025Steel group urges Trump to stay the course on metals tariffs for national securityBy David Lawder WASHINGTON, Feb 13 (Reuters) - U.S. Treasury...Reuters
2 hours ago
Argentina Senate passes Milei labor reform, advancing pro‑market overhaul
Milei claims reform will boost investment and job creationPeronist senators argue reform threatens worker protectionsProtests erupt outside Congress during Senate debate BUENOS AIRES, Feb 12 (Reuters) - Argentina's Senate approved President Javier Milei's flagship labor reform bill early ...Reuters
2 hours ago
Three hurt working on Exxon Beaumont, Texas small CDU, sources say
By Erwin SebaHOUSTON, Feb 13 (Reuters) - Three contractors were injured by a release of steam condensate while overhauling the small crude distillation unit (CDU) at Exxon Mobil's XOM.N 612,000 barrel-per-day Beaumont, Texas refinery, people familiar with operations at the refinery said.Exxon co...Reuters
2 hours ago
PRECIOUS-Gold rises over 1% as soft inflation data rekindles Fed rate cut hopes
US consumer prices rise less than expected in JanuaryGold on track for a weekly gainSilver, platinum and palladium headed for weekly lossANZ raises gold price forecast to $5,800/oz for Q2By Anmol Choubey and Anjana Anil Feb 13 (Reuters) - Gold prices rose more than 1% on Friday as weaker-than-exp...Reuters
2 hours ago
Planned SMR nuclear power plant to cost $6-7 billion, Romanian PM says
BUCHAREST, Feb 13 (Reuters) - Romania's planned 460 MW small modular nuclear reactor plant would cost up to $7 billion and it will take time to devise a funding plan for such a big investment, Romanian Prime Minister Ilie Bolojan said on Friday. State-owned nuclear power producer Nuclearelectric...Reuters
3 hours ago
