News
Important Only
Traffic disrupted at Newark airport after JetBlue engine failure
By David ShepardsonFeb 18 (Reuters) - Traffic was disrupted at Newark Liberty International Airport on Wednesday after a Florida-bound JetBlue JBLU.O flight suffered an engine failure on takeoff and returned to the airport, officials said. Passengers and crew on Flight 543 exited the Airbus AIR.P...Reuters
13 minutes ago
Italy's Tenaris beats estimates for fourth-quarter sales on North America demand
Feb 18 (Reuters) - Italian steel pipe maker Tenaris TENR.MI reported a 5% rise in net sales for the fourth quarter late on Wednesday, beating analysts' estimates, helped by strong demand for its tubes in North America.Net sales increased to $3 billion in the quarter ended December 31 from $2.84 ...Reuters
20 minutes ago
Nutrien misses quarterly profit estimates on lower crop nutrient volumes
By Sumit Saha Feb 18 (Reuters) - Nutrien NTR.TO missed analysts' estimates for fourth-quarter profit on Wednesday, as lower sales volumes in its crop nutrients business weighed on the world's top potash producer.Declining crop prices, weakening demand and heightened geopolitical tensions ...Reuters
36 minutes ago
US Cash Crude-Coastal grades firm as WTI/Brent discount trades at widest this month
HOUSTON, Feb 18 (Reuters) - U.S. coastal crude oil grades firmed on Wednesday as a wide discount for U.S. crude to the global benchmark Brent supported export demand.Mars and Thunder Horse firmed 50 cents, while Southern Green Canyon firmed $1. The spread between WTI and Brent widened to as much as ...Reuters
46 minutes ago
US Plains HRW Wheat-Basis bids steady as futures rally
CHICAGO, Feb 18 (Reuters) - Basis bids for hard red winter wheat were flat in a spot check of locations in the Southern U.S. Plains on Wednesday as futures climbed. Precipitation is expected to improve moisture for winter wheat in the coming weeks, according to forecaster Commodity Weather Group.Pro...Reuters
an hour ago
Trump signs order on domestic herbicide supply for defense purposes, White House says
WASHINGTON, Feb 18 (Reuters) - U.S. President Donald Trump on Wednesday signed an executive order invoking the Defense Production Act to ensure an adequate U.S. supply of elemental phosphorus and glyphosate-based herbicides, the White House said.Reuters
an hour ago
Canada's B2Gold Q4 revenue misses analyst expectations
OverviewCanada gold miner's Q4 revenue missed analyst expectationsCompany repurchased 7 mln shares under normal course issuer bidOutlookB2Gold expects 2026 gold production between 820,000 and 970,000 ouncesCompany forecasts 2026 cash operating costs of $1,155 to $1,280 per ounceB2Gold projects 2...Reuters
an hour ago
Occidental Petroleum Says Total Global Production For Q4 Averaged 1,481 Mboed
Feb 18 (Reuters) - Occidental Petroleum Corp OXY.N:TOTAL GLOBAL PRODUCTION FOR Q4 AVERAGED 1,481 THOUSAND BARRELS OF OIL EQUIVALENT PER DAY (MBOED)INCREASED QUARTERLY DIVIDEND BY MORE THAN 8% TO $0.26 PER SHAREQ4 CAPITAL SPENDING INCLUDING DISCONTINUED OPERATIONS OF $1.8 BILLIONQ4 REVENUE VIEW $5.66...Reuters
an hour ago
Occidental Petroleum Expects Full Year Net Capital Expenditure Between $5.5 Billion To $5.9 Billion
Feb 18 (Reuters) - Occidental Petroleum Corp OXY.N:OCCIDENTAL PETROLEUM CORP: OUTLOOK Q1 OIL & GAS TOTAL PRODUCTION 1,385 – 1,425 MBOED - PRESENTATIONOCCIDENTAL PETROLEUM CORP OUTLOOK FY OIL & GAS TOTAL PRODUCTION 1,420 – 1,480 MBOED - PRESENTATIONOCCIDENTAL PETROLEUM CORP OUTLOOK FY OIL &am...Reuters
an hour ago
Top potash producer Nutrien misses fourth-quarter profit estimates
Feb 18 (Reuters) - Nutrien NTR.TO missed analysts' expectations for fourth-quarter profit on Wednesday, as lower sales in its crop nutrients business weighed on the world's top potash producer.The Saskatoon, Canada-based firm posted an adjusted profit of 83 cents per share for the three mont...Reuters
2 hours ago
Canada's Taseko Q4 revenue misses estimates
OverviewCanada mining firm's Q4 revenue missed analyst expectationsQ4 net income was C$4.45 mlnOutlookTaseko expects Gibraltar copper production between 110 and 115 million pounds in 2026Florence Copper aims to produce 30 to 35 million pounds of copper cathode in 2026Company has hedging contract...Reuters
2 hours ago
CIF/FOB Gulf Grain-Corn basis bids creep up, soy bids stay flat
CHICAGO, Feb 18 (Reuters) - Basis bids edged higher for corn shipped by barge to U.S. Gulf Coast terminals on Wednesday, while CIF soybean basis bids stayed largely steady, traders said.Export demand for U.S. corn has remained solid.Traders said they were waiting to see whether China begins inquirin...Reuters
2 hours 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 mo...Reuters
2 hours ago
OceanaGold Q4 revenue hits record level; co plans to double share buyback in 2026
OverviewCanadian gold and copper producer's Q4 revenue reached record levelsCompany reported record Q4 net profit of $328 mlnCompany plans to triple dividend and double share buyback in 2026OutlookOceanagold projects 2026 gold production growth of ~12% to 520,000-590,000 ouncesCompany expects 7%...Reuters
2 hours ago
Canada's Kinross Gold Q4 adjusted EPS beats expectations
OverviewGold miner's Q4 revenue rose significantly, driven by higher gold pricesAdjusted EPS for Q4 beat analyst expectationsCompany announced 14% increase in quarterly dividendOutlookKinross expects 2026 gold equivalent production of 2.0 million ounces (+/- 5%)Company forecasts 2026 production ...Reuters
2 hours ago
US and Uzbekistan sign critical minerals pact
By Marc Jones LONDON, Feb 18 (Reuters) - The U.S. government has signed an agreement with Uzbekistan to secure better access to the Central Asian country's critical minerals, as U.S. President Donald Trump moves to counter China's dominance of crucial resources and their supply chains. Th...Reuters
2 hours ago
India's Bharat Petroleum, HPCL Mittal buy Venezuelan oil, sources say
By Shariq Khan and Nidhi Verma NEW YORK/NEW DELHI, Feb 18 (Reuters) - India's state-run Bharat Petroleum Corp BPCL.NS has made its first-ever purchase of Venezuelan oil, and private refiner HPCL Mittal Energy Ltd (HMEL) has bought the South American country's crude for the first time in t...Reuters
2 hours ago
