News
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Glencore to return $2 billion to shareholders despite earnings dip
Reports 6% drop in adjusted EBITDA to $13.51 billionFinalises land access deal in DRC to extend mine lifeSays will be involved in US stockpiling programmeBy Clara Denina and Pratima Desai LONDON, Feb 18 (Reuters) - Glencore GLEN.L will return $2 billion to shareholders despite a dip in annual pr...Reuters
5 minutes ago
Edison says Italy's decree may force EDF to rethink capital‑opening move
Regulatory uncertainty clouding EDF's plan on EdisonEdison aims to extend LNG contract with QatarEnergyItalian utility looking at Snam's biogas business By Francesca Landini MILAN, Feb 18 (Reuters) - French nuclear group EDF could revise — or even shelve — its plan to open up the capital ...Reuters
6 minutes ago
HF Sinclair beats profit estimates, says CEO to take voluntary leave
Feb 18 (Reuters) - HF Sinclair DINO.N topped Wall Street estimates for fourth-quarter profit on Wednesday, helped by higher refining margins for its products, and said CEO Tim Go would take a voluntary leave of absence from his duties.U.S. fuel maker margins have begun to rebound from multi-year low...Reuters
15 minutes ago
Japan's JERA says domestic offshore wind project on schedule despite rising costs
By Yuka Obayashi TOKYO, Feb 18 (Reuters) - Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction...Reuters
20 minutes ago
HF Sinclair Q4 profit beats on refinery margins
OverviewIndependent energy firm's Q4 adjusted EPS of $1.20 beat analyst expectationsQ4 adjusted EBITDA of $564 mln beat analyst expectationsCompany announced $0.50 regular quarterly dividend and temporary CEO changeOutlookCompany remains focused on growth in Midstream, Lubricants, and Marketing ...Reuters
24 minutes ago
HF Sinclair beats fourth-quarter profit estimates on strong refining margins
Feb 18 (Reuters) - HF Sinclair DINO.N beat Wall Street estimates for fourth-quarter profit on Wednesday, helped by higher refining margins for its products.The refiner posted an adjusted profit of $1.20 per share for the three months ended December 31, compared with analysts' average estimate of...Reuters
30 minutes ago
Gold steadies as easing geopolitical tensions and firm US Dollar cap gains
Gold (XAU/USD) trades firmer on Wednesday after sliding to its lowest level in nearly two weeks at $4,842 the previous day, as dip buyers stepped in to limit the downside and keep the pullback relatively shallow. At the time of writing, XAU/USD is trading around $4,915, up nearly 0.75% on the day.
Fxstreet
35 minutes ago
Oil gains as traders weigh progress in Russia-Ukraine and US-Iran talks
Iran and US reach understanding on main 'guiding principles' in nuclear talksEurasia Group sees 65% chance of US strikes on Iran by AprilIran and Russia to conduct navy drill on Thursday, Fars news agency reportsUkraine peace talks end in Geneva after Zelenskiy says Russia stallingBy Stephan...Reuters
49 minutes ago
As US agriculture flails, farmers see big corn acres as best bet to break even
Farmers favor corn over soybeans due to better break-even potentialAnalyst poll projects 2026 corn plantings at 94.9 million acresSoy market affected by US-China trade tensions and Brazil's record harvestBy Julie Ingwersen CHICAGO, Feb 18 (Reuters) - U.S. farmers, though punished by slumping ...Reuters
an hour ago
RPT-ROI-China isn’t importing any US LNG, but it's still in the game: Bousso
By Ron Bousso LONDON, Feb 18 (Reuters) - China this month marks a year since it last imported liquefied natural gas from the U.S. amid a tense trade war between the world's two largest economies.Yet throughout the past year, Chinese firms have continued purchasing U.S. LNG under long-term sup...Reuters
an hour ago
RPT-ROI-Bonds swept up in leap of faith on AI productivity: Mike Dolan
By Mike Dolan LONDON, Feb 18 (Reuters) - Treasuries now appear to be riding the artificial intelligence frenzy, as speculation about the speed and scale of AI development spreads across companies and sectors — beating a drum for interest rate cuts if an outsize labor‑productivity boom follows.Tha...Reuters
an hour ago
Climate crossroads: a decade after the Paris Agreement
By Canan SevgiliFeb 16 (Reuters) - Ten years after the Paris Agreement took effect, newly released climate datasets show the world warming at an accelerating pace, with 2025 ranking among the three hottest years ever recorded, and sea‑ice, ocean heat and sea levels crossing new thresholds. Efforts t...Reuters
an hour ago
Silver Price Forecast: XAG/USD rises further to near $76.30 ahead of FOMC minutes
Silver price (XAG/USD) extends its early advance to near $76.30 during the European trading session on Wednesday. The white metal trades firmly ahead of the release of the Federal Open Market Committee (FOMC) minutes of the January policy meeting at 19:00 GMT.
Fxstreet
2 hours ago
Hungary, Slovakia ask EU to enforce rule letting them buy Russian oil by sea
BUDAPEST, Feb 18 (Reuters) - Hungary and Slovakia turned to the European Commission to ask to enforce a rule that allows them to buy Russian oil via maritime route if pipeline deliveries are not possible, Hungarian Foreign Minister Peter Szijjarto said in a statement on Wednesday.The Druzhba oil pip...Reuters
2 hours ago
WTI Oil ticks up to the $62.50 as doubts about a US-Iran deal arise
Crude Oil prices are trimming some of Tuesday’s losses on Wednesday, reaching session highs near $62.50 per barrel, after bouncing from two-week lows at $61,76. Investors are starting to reassess the chances of a US-Iran deal after the second round of conversations ended without any tangible advance
Fxstreet
2 hours ago
Slovak government will release 250,000 tonnes of oil from reserves, media report
Feb 18 (Reuters) - The Slovak government has declared an oil emergency situation after an interruption of supplies through the Druzhba pipeline and will release 250,000 tonnes of oil from reserves for the Slovnaft refinery, Slovak media reported on Wednesday.Reuters
2 hours ago
Climate challenge: a decade after the Paris Agreement
By Canan Sevgili Feb 16 (Reuters) - Ten years after the Paris Agreement took effect, newly released climate datasets show the world warming at an accelerating pace, with 2025 ranking among the three hottest years ever recorded, and ocean heat and sea levels crossing new thresholds.U.S. President ...Reuters
2 hours ago
India eases curbs on Chinese equipment imports for power, coal as projects delayed, sources say
India grants some exemptions for Chinese power, coal equipment Restrictions since 2020 caused shortages, slowing key projectsFormal order expected soon, sources sayBy Nikunj Ohri and Sarita Chaganti Singh NEW DELHI, Feb 18 (Reuters) - India has begun easing its restrictions on buying Chinese equi...Reuters
2 hours ago
PRECIOUS-Gold rises as investors await US Fed minutes
Gold rebounds from one-week lowJanuary FOMC minutes due at 1900 GMTDecember PCE data due on Friday By Pablo Sinha Feb 18 (Reuters) - Gold prices rose more than 1% from a one-week low the previous session as investors awaited the minutes of January's U.S. Federal Reserve meeting due later on ...Reuters
3 hours ago
