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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 on Wednesday to a four-month low, on near-reco...Reuters
8 minutes ago
CBOT wheat rebounds on technical buying
CHICAGO, Feb 18 (Reuters) - Chicago Board of Trade wheat futures closed higher on technical buying on Wednesday after sliding 2% during the previous session, traders said.Weather risks and a swift end to the latest peace talks between Russia and Ukraine added uncertainty to the market.Two days of pe...Reuters
16 minutes ago
Oil settles up 4% 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 settled up...Reuters
25 minutes ago
CBOT corn ends nearly flat, traders await US plantings estimates
CHICAGO, Feb 18 (Reuters) - Chicago Board of Trade corn futures ended nearly flat on Wednesday as traders waited for the U.S. Department of Agriculture to issue plantings estimates at an annual conference on Thursday.U.S. farmers, though punished by slumping prices after last year's monster corn...Reuters
34 minutes ago
Eight skiers confirmed dead in California avalanche, one still missing
Skiers were returning from a three-day excursion when avalanche struckRescue teams contending with dangerous conditionsSheriff says avalanche danger was widely forecastAvalanches claim an average of 27 lives each winter in the U.S. By Rich McKayFeb 18 (Reuters) - At least eight skiers died in an ava...Reuters
37 minutes 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
41 minutes ago
US EPA plans to loosen mercury rules for coal plants this week, NYT reports
Feb 18 (Reuters) - The Trump administration plans to loosen restrictions on coal-burning power plants this week, allowing them to emit more hazardous pollutants including mercury, the New York Times reported on Wednesday.Senior U.S. Environmental Protection Agency officials are expected to announce ...Reuters
42 minutes ago
California, Colorado and Washington sue Trump administration to unlock funding for clean energy projects
By Peter Henderson SAN FRANCISCO, Feb 18 (Reuters) - California, Colorado and Washington are suing the federal government to force it to pay out grants approved by Congress for clean energy projects, the California attorney general's office said on Wednesday.The Trump administration terminate...Reuters
51 minutes ago
US EPA plans to loosen mercury rules for coal plants this week, NYT reports
Feb 18 (Reuters) - The Trump administration plans to loosen restrictions on coal-burning power plants this week, allowing them to emit more hazardous pollutants including mercury, the New York Times reported on Wednesday.Senior U.S. Environmental Protection Agency officials are expected to announce ...Reuters
58 minutes ago
PRECIOUS-Gold surges over 2% on geopolitical jitters despite Fed rate‑path split
Fed minutes show division, talk of rate hikesGold rebounds from one-week lowDecember PCE data due on FridaySilver rises more than 5% By Anmol Choubey Feb 18 (Reuters) - Gold rose more than 2% on Wednesday, as investors assessed simmering geopolitical risks, even as minutes from the U.S. Federal R...Reuters
an hour ago
US Cash Grains-Corn and soybean basis bids mostly steady
CHICAGO, Feb 18 (Reuters) - Basis bids for corn and soybeans were largely flat at elevators, processors, river terminals and ethanol plants in a spot check of locations in the U.S. Midwest on Wednesday. The corn basis was lower at a grain elevator in Cincinnati, Ohio. It was unchanged elsewhere in t...Reuters
an hour ago
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
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 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
3 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
4 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
4 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
4 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
4 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
4 hours ago
