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Gold declines to near $4,850 as low liquidity, easing tensions weigh on demand
Gold price (XAU/USD) attracts some sellers to around $4,860 during the early Asian trading hours on Wednesday. The precious metal falls amid thin holiday trading, with much of Asia closed for the Lunar New Year.
Fxstreet
6 minutes ago
California, Connecticut preparing 'attack' against Trump's repeal of basis of US climate regulation
By Abhirup Roy and Peter Henderson SAN FRANCISCO, Feb 17 (Reuters) - California and Connecticut are working together on a multi-state "plan of attack" against President Donald Trump's repeal of the foundation of federal climate regulation of vehicles, the states' attorneys general...Reuters
10 minutes ago
Trump says Japan to invest in energy, industrial projects in Ohio, Texas and Georgia
Lutnick says Japan to invest in projects valued at $36 billionOhio to host $33 billion natural gas power plant, Commerce saysJapan to invest in deepwater Texas GulfLink oil terminal projectGeorgia to get Japan-invested industrial diamonds factory-LutnickBy David Lawder and Jarrett Renshaw WASHING...Reuters
24 minutes ago
RPT-Grandson of Reese's Peanut Butter Cup inventor questions Hershey over alternative ingredients
Brad Reese criticizes Hershey for ingredient changes in Reese'sHershey denies drastic changes to Reese's formulationCocoa price crash affects global chocolate industryBy Marcelo Teixeira NEW YORK, Feb 17 (Reuters) - The grandson of the man who created the Reese's Peanut Butter Cup too...Reuters
30 minutes ago
CORRECTED-Hecla Mining Q4 revenue surges on higher metal prices
OverviewSilver producer's Q4 revenue grew about 83% yr/yr, driven by higher metal pricesNet income for Q4 was $134 mln, a significant increase over prior yearCompany announced pending sale of Casa Berardi mine, expected to close in Q1 2026OutlookHecla Mining expects 2026 silver production of 15....Reuters
34 minutes ago
Suriname, Guyana to form team to explore joint gas projects, oil minister says
Joint team to explore natural gas projects between Suriname and GuyanaSuriname's Brunings highlights potential investor appeal of combined gas resourcesOil companies may join future discussions on joint gas projectsBy Kemol King and Sheila DangGEORGETOWN, Feb 17 (Reuters) - Suriname and Guyana p...Reuters
52 minutes ago
Deandre Ayton of NBA's Los Angeles Lakers arrested with pot in Bahamas
By Jasper WardFeb 17 (Reuters) - Los Angeles Lakers center Deandre Ayton was arrested on Tuesday at Lynden Pindling International Airport in the Bahamas for being in possession of a small amount of marijuana, two sources familiar with the matter told Reuters.Ayton, a native of the Bahamas, was brief...Reuters
an hour ago
EQT Corp beats quarterly profit estimates on higher natgas prices, sales volumes
Shares rise over 1%Beats Q4 estimatesForecasts 2026 capex between $2.07 billion and $2.21 billion Feb 17 (Reuters) - U.S.-based energy company EQT Corp EQT.N beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes, sending...Reuters
an hour ago
Ovintiv to sell its Anadarko assets for $3 billion
Feb 17 (Reuters) - Ovintiv OVV.N said on Tuesday it agreed to sell its Anadarko assets in Oklahoma to an undisclosed buyer for $3 billion, as the company sharpens its focus on higher-margin plays in the Permian Basin and Canada's Montney.Shares of the company rose nearly 2% in extended trading.T...Reuters
2 hours ago
Devon beats quarterly profit, forecasts lower output after winter storm
Feb 17 (Reuters) - U.S. shale producer Devon Energy DVN.N on Tuesday narrowly beat Wall Street estimates for fourth-quarter profit and forecast lower first-quarter production after severe winter storms disrupted operations across key producing regions.The winter storm knocked out as much as 2 millio...Reuters
2 hours ago
Exxon committed to move fast on Guyana gas projects, but needs demand sources, executive says
By Sheila Dang and Kemol King GEORGETOWN, Feb 17 (Reuters) - Exxon Mobil XOM.N is committed to moving fast to develop natural gas in Guyana but the South American country's government needs to advance industrial projects to maintain long-term demand for the gas, the U.S. energy major's up...Reuters
2 hours ago
POLL-US 2026-27 corn plantings seen at 94.9 million acres, soybeans 84.9 million
WASHINGTON, Feb 17 (Reuters) - The following are analysts' forecasts of U.S. plantings, yield, production and ending stocks of corn, soybeans and wheat for the 2026-27 marketing year, ahead of the U.S. Department of Agriculture's annual outlook forum on February 19-20.The USDA will publish i...Reuters
2 hours ago
EQT Corp beats quarterly profit estimates
Feb 17 (Reuters) - U.S.-based energy company EQT Corp EQT.N beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, benefiting from higher natural gas prices and sales volumes.The company reported an adjusted profit of 90 cents per share for the quarter ended December 31, above ana...Reuters
3 hours ago
Expand Energy beats fourth-quarter profit estimates, plans $1 bln debt cut in 2026
Feb 17 (Reuters) - U.S. natural gas producer Expand Energy EXE.O beat Wall Street estimates for fourth-quarter profit on Tuesday and aims to strengthen its balance sheet with at least $1 billion in debt reduction in 2026.The company benefited from higher prices as U.S. natural gas futures NGc1 rose ...Reuters
3 hours ago
LIVESTOCK-CME cattle higher on strong cash trade, tight supply
By Heather SchlitzCHICAGO, Feb 17 (Reuters) - Chicago Mercantile Exchange cattle futures turned higher on Tuesday on strong cash cattle prices and a continued tight supply of cattle, analysts said.CME April live cattle futures LCJ26 settled 2.175 cents higher to 242.80 cents per pound. March feeder ...Reuters
3 hours ago
Andersons beats Q4 profit expectations
OverviewAgriculture and renewable fuels firm's Q4 adjusted EPS beat analyst expectationsAdjusted net income for Q4 beat analyst expectationsAdjusted EBITDA for Q4 beat analyst expectationsOutlookCompany expects strong sorghum export demand to benefit Skyland and Houston assetsAndersons plans to ...Reuters
3 hours ago
Devon Energy tops fourth-quarter profit estimates on strong production
Feb 17 (Reuters) - Devon Energy DVN.N on Tuesday beat Wall Street estimates for fourth-quarter profit on higher oil and gas production amid volatile crude prices, weeks after agreeing to a $58 billion merger with Coterra Energy CTRA.N to create a Permian Basin powerhouse.The company posted an adjust...Reuters
3 hours ago
Natgas producer Expand Energy beats fourth-quarter profit estimates
Feb 17 (Reuters) - U.S. natural gas producer Expand Energy EXE.O surpassed Wall Street estimates for fourth-quarter profit on Tuesday, driven by higher production and commodity prices.The company posted an adjusted profit of $2 per share for the quarter ended December 31, compared with analysts'...Reuters
3 hours ago
US Plains HRW Wheat-Basis bids flat to mixed with limited farmer sales
CHICAGO, Feb 17 (Reuters) - Basis bids for hard red winter wheat were steady to mixed at locations in the Southern U.S. Plains on a day of quiet trade. Farmer sales were minimal, according to dealers.Warmer weather and precipitation improved moisture for winter wheat over the weekend. More showers s...Reuters
3 hours ago
'Exports to China look dismal,' leader of busiest US seaport says
Port of Los Angeles exports fell 8% in January, lowest in nearly three yearsSoybean exports from Port of Los Angeles to China dropped 80% last year First-quarter total port volume expected to fall less than 10% year-over-yearBy Lisa Baertlein LOS ANGELES, Feb 17 (Reuters) - Exports from the Port ...Reuters
3 hours ago
