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US says oil companies must pay local taxes, fees to Venezuelan government
WASHINGTON, Feb 18 (Reuters) - The U.S. Treasury Department said on Wednesday that companies working in the Venezuelan oil business must pay local taxes, permits and fees to the government of Venezuela, while royalties and federal taxes must be paid into a fund managed by the United States. The Trea...Reuters
18 minutes ago
Some Democrats to boycott Trump State of the Union for rally
Boycott highlights deepening partisan tensions Event to occur on National Mall outdoors near Capitol White House says, 'It's not a surprise'By Richard CowanWASHINGTON, Feb 18 (Reuters) - A group of liberal U.S. lawmakers will abandon President Donald Trump’s State of the Union speech on ...Reuters
59 minutes ago
Oil rises 3% on Iran-US tensions, Russia-Ukraine talks end without breakthrough
Iran and Russia to conduct navy drill on Thursday, Fars news agency reportsUkraine peace talks end in Geneva after Zelenskiy says Russia stallingEurasia Group sees 65% chance of US strikes on Iran by AprilBy Georgina McCartney and Siddharth Cavale HOUSTON, Feb 18 (Reuters) - Oil prices rose by mo...Reuters
2 hours ago
PRECIOUS-Gold rises as investors weigh geopolitical risks, await Fed minutes
Gold rebounds from one-week lowJanuary FOMC minutes due at 2 p.m. ETDecember PCE data due on FridaySilver rises more than 6% By Anmol Choubey Feb 18 (Reuters) - Gold rose more than 2% on Wednesday, as investors assessed simmering geopolitical risks and awaited the U.S. Federal Reserve's Janua...Reuters
2 hours ago
Golden Pass moves closer to producing first LNG with increased natural gas flows into facility
Golden Pass project to be major US LNG export facilityExxon CEO expects LNG production to start in MarchProject faced delays, cost overruns, and contractor bankruptcyBy Curtis WilliamsFeb 18 (Reuters) - Golden Pass, an LNG project jointly owned by Exxon Mobil XOM.N and QatarEnergy QUATPE.UL, pulled ...Reuters
2 hours ago
Some Democrats to boycott Trump State of the Union for rally
Boycott highlights deepening partisan tensions Event to occur on National Mall outdoors near Capitol No immediate White House responseBy Richard CowanWASHINGTON, Feb 18 (Reuters) - A group of liberal U.S. lawmakers will abandon President Donald Trump’s State of the Union speech on Tuesday for an out...Reuters
2 hours ago
EXCLUSIVE-US refiners Phillips 66, Citgo seek to buy crude directly from Venezuela, sources say
Phillips 66, Citgo seek to purchase directly starting in April, Valero later in the yearVenezuelan crude prices ease amid US Gulf Coast supply surgeDirect purchases may face challenges under general license By Nicole Jao, Arathy Somasekhar and Marianna Parraga HOUSTON, Feb 18 (Reuters) - U.S. ref...Reuters
2 hours ago
GRAINS-Price of soybeans at three-month high on China demand hopes
Soybeans climb to highest price since mid-November on demand expectationsWheat futures rebound after 2% slideCorn little changedBy Heather Schlitz CHICAGO, Feb 18 (Reuters) - Chicago soybean futures hit their highest price in three months on Wednesday, supported by high U.S. crushing levels and e...Reuters
2 hours ago
Suriname, Guyana exploring possible gas interconnection, Staatsolie says
GEORGETOWN, Feb 18 (Reuters) - A pipeline between neighbors Guyana and Suriname to transport gas from their offshore projects would be of 'high interest' to increase the availability of the fuel, said on Wednesday the managing director of Suriname's state-run Staatsolie, Annand Jagesar.B...Reuters
2 hours ago
EU wheat steadies with weather and exports in focus
PARIS, Feb 18 (Reuters) - Euronext wheat edged up on Wednesday after a three-day fall as a weather-fuelled rebound in Chicago futures offset pressure from a firmer euro that was adding to a tough export outlook, traders said.May milling wheat BL2K6, the most active position on Euronext, was up 0.7% ...Reuters
3 hours ago
US natural gas futures hit four-month low on mild weather, near-record output
Mild weather reduces heating demand, impacting gas storageWaha Hub prices remain negative due to pipeline constraintsUS LNG exports on track for monthly record high in FebruaryBy Scott DiSavinoNEW YORK, Feb 18 (Reuters) - U.S. natural gas futures eased to a fresh four-month low on Wednesday on near-...Reuters
3 hours ago
Rare earths surge above price floor given to MP Materials
By Eric Onstad LONDON, Feb 18 (Reuters) - Prices of two key rare earths, crucial for making super-strong magnets used in EVs and defence equipment, have rallied on firm demand and bottlenecks in supply, above a ground-breaking price floor provided by the U.S. last year to miner MP Materials.The n...Reuters
3 hours ago
Nine skiers still missing, six rescued, after California avalanche
Skiers were returning from a three-day excursion when avalanche struckRescue teams contending with dangerous conditions Avalanches claim an average of 27 lives each winter in the U.S. By Rich McKay and Steve GormanFeb 18 (Reuters) - Nine skiers were still missing early on Wednesday after an avalanch...Reuters
3 hours ago
Canada to boost investments in Ukraine's energy sector
Canada expands support for Ukraine's energy sector and securityRussian strikes severely damage Ukraine’s power grid New partnership targets investment, non‑Russian energy suppliesBy Kate Abnett and America Hernandez PARIS, Feb 18 (Reuters) - Canada will step up support to Ukraine's energy...Reuters
3 hours ago
Microsoft to keep buying enough renewable energy to match all its electricity needs
Microsoft to retain matching target during AI expansionTech giant has purchased 40 GW of new renewable energyReady to ramp up again in data centre pioneer IrelandBy Padraic Halpin DUBLIN, Feb 18 (Reuters) - Microsoft MSFT.O has promised to keep buying enough renewable energy to match all its elec...Reuters
3 hours ago
Expand Energy Says Winter Storm Fern Reduced Haynesville Output
Feb 18 (Reuters) - Expand Energy Corp EXE.O:EXPAND ENERGY SAYS HAYNESVILLE BREAKEVENS HAVE FALLEN 15% - CONF CALLEXPAND ENERGY SAYS CEO SEARCH MAY TAKE SIX TO NINE MONTHS - CONF CALLEXPAND ENERGY SAYS ROUGHLY HALF OF NEW DEMAND TIED TO LNGEXPAND ENERGY SAYS ABOUT 25 BCFD OF U.S. DEMAND IS COMING ONL...Reuters
4 hours 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
4 hours 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
4 hours ago
