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GRAINS-Wheat down 1.4% on ample supplies, soybeans fall for 2nd session
Wheat drops on higher Russian output, Indian exportsSoybeans down, fall further from highest since early Dec.By Naveen Thukral SINGAPORE, Feb 17 (Reuters) - Chicago wheat lost more ground on Tuesday due to concerns about additional supplies, after a larger-than-expected crop forecast for Russia a...Reuters
7 minutes ago
Silver Price Forecast: XAG/USD drops to near $76.00 while investors await FOMC minutes
Silver price (XAG/USD) trades lower to near $76.00 during the Asian trading session on Tuesday. The white metal has been slightly under pressure as dovish Federal Reserve (Fed) expectations remain capped despite cooling United States (US) inflation in January.
Fxstreet
25 minutes ago
Australian court fines Exxon's local petrol brand $11.3 million for misleading claims
Feb 17 (Reuters) - Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims about fuel sold at petrol stations in parts of Queensland, the country's competition regulator said on Tuesday.Mobil Oil Australia supplies petroleum, diesel and ot...Reuters
34 minutes ago
Australian court fines Exxon's local petrol brand $11.3 million for misleading claims
Feb 17 (Reuters) - Federal Court of Australia has fined Mobil Oil Australia A$16 million ($11.3 million) over misleading claims about fuel sold at petrol stations in parts of Queensland, the country's competition regulator said on Tuesday.Mobil Oil Australia supplies petroleum, diesel and ot...Reuters
an hour ago
WTI slips to near $63.50 as OPEC+ mulls output hike, US-Iran talks loom
West Texas Intermediate (WTI) Oil price edges lower after registering over 1.5% gains in the previous session, trading around $63.50 during the Asian hours on Tuesday. Crude Oil prices may remain under pressure due to oversupply concerns.
Fxstreet
an hour ago
Oil steady as traders weigh supply risks heading into key US-Iran talks
Feb 17 (Reuters) - Oil prices were steady on Tuesday as investors assessed risks of supply disruption after Iran conducted naval drills near the Strait of Hormuz right ahead of nuclear talks with the U.S. later in the day. U.S. President Donald Trump said on Monday that he would be involved "ind...Reuters
2 hours ago
Australian gas producer Santos wins court fight over net zero claims
By Christine Chen SYDNEY, Feb 17 (Reuters) - An Australian court on Tuesday threw out a lawsuit against gas producer Santos STO.AX that alleged the company misled the public on its plans to achieve net zero carbon emissions.The lawsuit was launched in 2021 by the Australasian Centre for Corporate...Reuters
2 hours ago
PRECIOUS-Gold falls 1% on firmer dollar, thin Asia trade
Feb 17 (Reuters) - Gold fell 1% on Tuesday as thin trading persisted across major Asian markets due to the Lunar New Year holidays, while a firmer dollar also pressured prices.FUNDAMENTALSSpot gold XAU= dropped 0.9% to $4,947.98 per ounce by 0110 GMT, after losing 1% earlier in the session.U.S. gold...Reuters
2 hours ago
GRAINS-Soybeans fall for second session, wheat down on ample supplies
SINGAPORE, Feb 17 (Reuters) - Chicago soybeans slid for a second session on Tuesday as the market pulled back from last week's multi-month highs, weighed down by a lack of demand from the world's biggest buyer, China, during a week-long holiday.Wheat lost more ground as expectations of a lar...Reuters
2 hours ago
BHP profit beats forecasts as copper tops iron ore earnings on AI-driven demand
First-half profit jumps 22%, beats estimatesCopper makes up 51% of operating earnings for the first timeInterim dividend of 73 cents ahead of market consensusAnnounces silver streaming agreement with Wheaton PreciousTough negotiations with China over iron ore supply ongoing, CEO saysShares jump 7% t...Reuters
2 hours ago
Otter Tail Q4 revenue slightly misses analyst expectations on lower sales prices
OverviewU.S. utility and manufacturing firm's Q4 revenue slightly missed analyst expectationsCompany initiated 2026 EPS guidance range of $5.22 to $5.62Electric segment net income rose in Q4, driven by higher sales volumes and favorable weatherOutlookOtter Tail initiates 2026 EPS guidance range ...Reuters
3 hours ago
Trash piles up in Havana as US oil chokehold halts garbage trucks
HAVANA, Feb 16 (Reuters) - Garbage has begun to pile up on street corners in the Cuban capital of Havana, attracting hordes of flies and reeking of rotten food, in one of the most visible impacts of the U.S. bid to prevent oil from reaching the Caribbean's largest island.State-run news outlet Cu...Reuters
4 hours ago
Wheaton Precious Metals Acquires More Silver Stream On Antamina Via New Partnership With BHP
Feb 16 (Reuters) - Wheaton Precious Metals Corp WPM.TO:WHEATON PRECIOUS METALS ANNOUNCES ACQUISITION OF ADDITIONAL SILVER STREAM ON ANTAMINA THROUGH NEW PARTNERSHIP WITH BHPWHEATON PRECIOUS METALS: WHEATON PRECIOUS METALS INTERNATIONAL TO RECEIVE COMBINED 67.5% OF ALL SILVER PRODUCED FROM ANTAMINA U...Reuters
4 hours ago
Wheaton Precious Metals Expects 2026 Production Of 860,000 To 940,000 Gold Equivalent Ounces
Feb 16 (Reuters) - Wheaton Precious Metals Corp WPM.TO:WHEATON PRECIOUS METALS EXCEEDS 2025 PRODUCTION GUIDANCE AND PROVIDES 2026 AND LONG-TERM OUTLOOK, PROJECTING APPROXIMATELY 50% GROWTH TO 1.2 MILLION GOLD EQUIVALENT OUNCES BY 2030WHEATON PRECIOUS METALS CORP - PROVIDES 2026 PRODUCTION GUIDANCE O...Reuters
4 hours ago
EU ill-prepared for worsening climate change, advisers say
Advisers tell EU to step up efforts to adapt to extreme weatherEconomic damage from climate impacts now 45 billion euros annuallyEU strategy on climate resilience due later this yearBy Kate Abnett BRUSSELS, Feb 17 (Reuters) - The European Union is not prepared for worsening climate change and sho...Reuters
5 hours ago
BHP Group signs silver streaming agreement with Wheaton Precious Metals
Feb 17 (Reuters) - BHP Group BHP.AX on Tuesday entered a long-term silver streaming agreement with a unit of Wheaton Precious Metals WPM.TO for an upfront payment of $4.3 billion at completion. BHP will deliver silver from its share of output at Peru's Antamina mine, where it has a 33.75% invest...Reuters
6 hours ago
BHP Group signs silver streaming agreement with Wheaton Precious Metals
Feb 17 (Reuters) - BHP Group BHP.AX on Tuesday entered a silver streaming agreement with Wheaton Precious Metals WPM.TO for an upfront payment of $4.3 billion at completion. BHP will deliver silver from its share produced at the Antamina mine.Reuters
6 hours ago
BHP Group Announces Silver Streaming Transaction
Feb 17 (Reuters) - BHP Group Ltd BHP.AX:ANNOUNCES SILVER STREAMING TRANSACTIONENTERED INTO A LONG-TERM STREAMING AGREEMENT WITH WHEATON PRECIOUS METALS INTERNATIONAL LTD.UNDER AGREEMENT, BHP WILL RECEIVE AN UPFRONT PAYMENT OF US$4.3 BILLION AT COMPLETIONBHP WILL DELIVER SILVER TO WHEATON CALCULATED ...Reuters
6 hours ago
BHP's Vicuna unveils $18 billion mining investment in Argentina
BUENOS AIRES, Feb 16 (Reuters) - Miner Vicuna Corp, controlled by Australia's BHP BHP.AX and Canada's Lundin Mining LUN.TO, announced on Monday an $18 billion multi-year investment plan to develop copper, gold, and silver mining projects in northern Argentina. The initial investment in its J...Reuters
7 hours ago
