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Oil gains 3% as Russia-Ukraine talks abruptly end, Iran-US tensions support
Ukraine peace talks end in Geneva after Zelenskiy says Russia stallingIran and Russia to conduct navy drill on Thursday, Fars news agency reportsEurasia Group sees 65% chance of US strikes on Iran by AprilBy Stephanie Kelly and Alex Lawler LONDON, Feb 18 (Reuters) - Oil prices gained nearly 3% on...Reuters
5 minutes ago
EXCLUSIVE-Congo offers tantalum deposit under M23 control to US in minerals pact, document shows
M23 rebels control Rubaya mine, have criticised DRC-US minerals dealRubaya mine needs $50-$150 million to restart commercial operations, document showsDeal could give US access to highly sought tantalumMetal is used in semiconductors, aerospace components among others By Ange Kasongo and Maxwell Aka...Reuters
5 minutes ago
Golden Pass moves closer to producing first LNG
By Curtis WilliamsFeb 18 (Reuters) - Golden Pass, an LNG project jointly owned by Exxon Mobil XOM.N and QatarEnergy QUATPE.UL, pulled 300 million cubic feet of gas on Wednesday as it moves closer to making its first LNG, LSEG data show. When complete the 18 million metric tonnes per annum project in...Reuters
29 minutes ago
CBOT Trends-Wheat up 4-7 cents, corn steady to up 2, soybeans up 5-7
CHICAGO, Feb 18 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday: WHEAT - Up 4 to 7 cents per bushelCBOT wheat recouped some of the previous session's losses, but large g...Reuters
35 minutes ago
Rio Tinto takes majority control of Canada's Nemaska Lithium
Feb 18 (Reuters) - Rio Tinto RIO.L, RIO.AX said on Wednesday it has gained majority control of Canada's Nemaska Lithium, advancing its push to build an integrated lithium business in Quebec.The Anglo-Australian miner now holds a 53.9% stake in the lithium producer and will assume direct manageme...Reuters
37 minutes ago
PRECIOUS-Gold rises as investors weigh geopolitical risks; Fed minutes in focus
Gold rebounds from one-week lowJanuary FOMC minutes due at 2 p.m. ETDecember PCE data due on Friday By Anmol Choubey Feb 18 (Reuters) - Gold rose more than 1% on Wednesday as investors assessed simmering geopolitical risks, while markets also awaited the U.S. Federal Reserve's January meeting...Reuters
38 minutes ago
Russian share of India's January oil imports lowest since late 2022, data shows
India had been top buyer of Russian seaborne crudePressure from sanctions, US pushed it to reduce Russian importsOil from Middle East, South America replacing Russian importsBy Nidhi Verma NEW DELHI, Feb 18 (Reuters) - Russian crude shipments in January made up the smallest portion of India's...Reuters
45 minutes ago
Nine skiers missing, six rescued after California avalanche
Six skiers rescued, two hospitalized after avalanche in Sierra NevadaThere had been a high avalanche warning earlier Incident could rank as one of deadliest US avalanches on recordBy Steve GormanLOS ANGELES, Feb 17 (Reuters) - Nine skiers were missing early Wednesday after an avalanche in California...Reuters
53 minutes ago
GRAINS-Soybeans at three-month high on China demand hopes
Soybeans climbed to highest since mid-Nov on demand expectationsSoyoil rallies 3% with U.S. biofuel proposals in focusWheat futures rebound after 2% slideBy Naveen Thukral and Gus Trompiz SINGAPORE/PARIS, Feb 18 (Reuters) - Chicago soybean futures hit their highest in three months on Wednesday, s...Reuters
53 minutes ago
Russia's Medvedev says he held talks with visiting Cuban foreign minister
MOSCOW, Feb 18 (Reuters) - Dmitry Medvedev, the deputy chair of Russia's Security Council, said on Wednesday that he had held talks with Cuban Foreign Minister Bruno Rodriguez, who is visiting Moscow.Russian Foreign Minister Sergei Lavrov told his Cuban counterpart in a separate meeting on Wedne...Reuters
an hour ago
Zeo Energy signs deal to develop 280 MW power for Creekstone data center in Utah
By Katha KaliaFeb 18 (Reuters) - Zeo Energy ZEO.O said on Wednesday it signed a memorandum of understanding with privately held Creekstone Energy to develop about 280 megawatts of power generation for a data center under construction in Millard County, Utah.U.S. utilities and independent power deve...Reuters
2 hours ago
Environmental groups challenge Trump decision to revoke basis of US climate regulations
By David Shepardson WASHINGTON, Feb 18 (Reuters) - A coalition of health and environmental groups sued the Trump administration on Wednesday over its decision to revoke the scientific finding that forms the basis of U.S. climate regulations.The legal challenge filed in the U.S. Court of Appeals f...Reuters
2 hours ago
PRECIOUS-Gold rises ahead of 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% on Wednesday, rebounding from a one-week low hit in the previous session, as investors awaited the minutes of the U.S. Federal Re...Reuters
2 hours ago
ROI-Asia gobbles up crude oil, but geopolitics is shifting supplier mix: Russell
Reuters Open Interest (ROI) is your essential source for global financial commentary. By Clyde Russell LAUNCESTON, Australia, Feb 18 (Reuters) - Asia's imports of crude oil are on track to hit a record high in February as the recent strong run continues, but the mix of suppliers is starting t...Reuters
2 hours ago
Austria eyes renewables, African gas to cut US LNG dependence, junior minister says
Energy security, US reliance top concerns, minister saysAustria hopes to diversify via African gas, renewablesOECD countries' energy ministers in Paris for biennial meetingBy America Hernandez PARIS, Feb 18 - Austria is seeking to expand renewable energy and increase gas imports from Africa t...Reuters
2 hours ago
Lurpak-maker Arla sees lower dairy prices and boost from protein products
2025 revenues rise 9% to a record 15.1 billion euros Sees lower milk prices pressuring revenue this yearDemand for high-protein products helped by weight-loss drugsBy Louise RasmussenCOPENHAGEN, Feb 18 (Reuters) - Denmark-based Arla expects a global milk surplus to drive down dairy prices this year,...Reuters
3 hours ago
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
3 hours 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
3 hours ago
