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Enagas swings to profit in 2025
MADRID, Feb 17 (Reuters) - Spanish gas grid operator Enagas ENAG.MC said on Tuesday it surpassed its targets last year as it swung to a 339.1 million euro ($401.6 million) profit, helped by asset sales, the upwards revision of the amount it was awarded in an arbitration on an investment in Peru and ...Reuters
14 minutes ago
PRECIOUS-Gold slides over 2% on strong dollar in light liquidity trade
Gold touches its lowest since February 6U.S.-Iran nuclear talks set for TuesdayU.S. dollar rises ahead of FOMC minutes due on WednesdayBy Pablo Sinha Feb 17 (Reuters) - Gold dropped more than 2% on Tuesday, as holidays in major markets hit liquidity, while easing geopolitical tensions and a stro...Reuters
15 minutes ago
Enagas swings to 2025 profit
MADRID, Feb 17 (Reuters) - Spanish gas grid operator Enagas ENAG.MC said on Tuesday it surpassed its targets last year as it swung to a 339.1 million euro ($401.6 million) profit, helped by asset sales and the upwards revision of the amount it was awarded in an arbitration on an investment in Peru. ...Reuters
22 minutes ago
Brent edges lower as traders turn focus to key US-Iran talks
By Mohi Narayan NEW DELHI, Feb 17 (Reuters) - Brent oil prices drifted lower in Asian trade 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.Brent crude futures L...Reuters
2 hours ago
Gold weakens as USD uptick and risk-on mood dominate ahead of FOMC Minutes
Gold (XAU/USD) attracts some follow-through selling for the second straight day and slides to the $4,922 area during the Asian session on Tuesday amid thin liquidity on the back of the Lunar New Year holidays in China.Fxstreet
3 hours ago
PRECIOUS-Gold falls on easing geopolitical risks, stronger dollar
US-Iran nuclear talks set for TuesdayUS dollar rises ahead of FOMC minutesFOMC minutes due to release on WednesdayBy Pablo Sinha Feb 17 (Reuters) - Gold extended losses on Tuesday, pressured by easing geopolitical tensions in Iran and Russia, as well as a stronger dollar, with investors awaiting...Reuters
3 hours ago
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
3 hours 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
4 hours 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
4 hours 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
4 hours 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
4 hours 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
5 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
5 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
5 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
5 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
6 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
7 hours ago
