News
Important Only
Valero Houston, Texas Refinery Reports Maintenance Activities
Feb 19 (Reuters) - VALERO ENERGY CORP VLO.N:REPORTS MAINTENANCE ACTIVITIES AT HOUSTON, TEXAS REFINERYSAYS MAY REQUIRE USE OF SAFETY FLARE SYSTEM TO SAFELY BURN OFF EXCESS MATERIAL AND MINIMIZE POTENTIAL EMISSIONSSAYS NO IMPACT TO COMMUNITY IS ANTICIPATEDSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 205,...Reuters
6 minutes ago
Canada's Teck Resources beats Q4 revenue, EPS estimates
OverviewCanada mining firm's Q4 revenue rose, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany advanced merger with Anglo American, securing shareholder and regulatory approvalsOutlookTeck reaffirms 2026 guidance for copper and zinc production and costsTeck expect...Reuters
13 minutes ago
Indonesia, US firms sign $38.4 billion in trade, investment deals
Trump, Prabowo to sign full trade pact on Thursday in WashingtonIndonesia to purchase US soybeans, corn, wheat, cotton, wood productsDeals include cooperation on critical minerals, semiconductor ventures Indonesia to extend Freeport's Grasberg permit for mine lifetimeBy David Lawder WASHINGTO...Reuters
30 minutes ago
Canada's Fortuna Silver Mines Q4 sales rise, beat expectations on rising metal prices
OverviewCanada precious metals miner's Q4 sales rose, beating analyst expectationsAdjusted net income for Q4 rose, driven by higher realized gold pricesCompany expanded mineral reserves at Séguéla by 31%, extending mine lifeOutlookFortuna expects Séguéla plant expansion study results in Q2 2026C...Reuters
an hour ago
PRECIOUS-Gold steadies in thin trade, investors await US inflation data
Dollar steady at over one-week highUS PCE data due on FridayFed minutes show officials grappling with policy splitBy Pablo Sinha Feb 19 (Reuters) - Gold prices were flat in thin trading on Thursday after rising more than 2% a day earlier, as investors waited for key U.S. inflation data that coul...Reuters
an hour ago
Oil prices extend gains on concerns of potential US-Iran conflict
Brent up 0.3%, WTI up 0.4%Market in 'wait-and-see' mode as tensions remain high, analyst saysUS crude, fuel stocks fell last week, industry data showsBy Yuka Obayashi and Emily Chow TOKYO, Feb 19 (Reuters) - Oil prices rose in Asian trade on Thursday as the U.S. and Iran attempted to ease...Reuters
an hour ago
PRESS DIGEST-Financial Times - February 19
Feb 19 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Liberty Global agrees to buy out Vodafone in Dutch joint venture for €1bn- UK to require tech firms to remove abusive images within 48 ...Reuters
2 hours ago
TECHNICALS-US oil may revisit Jan. 29 high of $66.48
For more technical analyses, click SINGAPORE, Feb 19 (Reuters) - U.S. oil CLc1 may revisit its Jan. 29 high of $66.48 per barrel, as about 76.4% of the fall from this level has been reversed.The reversal suggests a continuation of the uptrend from $54.98. A wedge is taking shape, resembling a bullis...Reuters
2 hours ago
GRAINS-Soybeans rise to near 3-month high on demand prospects; wheat, corn firm
Soybeans rise, prices near highest since mid-NovemberExpectations of Chinese demand underpinning pricesBy Naveen Thukral SINGAPORE, Feb 19 (Reuters) - Chicago soybean futures ticked up on Thursday, hovering near the previous session's three-month high, as expectations of Chinese buying contin...Reuters
3 hours ago
PRECIOUS-Gold dips as dollar firms ahead of inflation data
Dollar steady at over one-week highUS PCE data due on FridayFed minutes show officials grappling with policy splitBy Pablo Sinha Feb 19 (Reuters) - Gold prices ticked lower in a low-liquidity market on Thursday, after a more than 2% gain in the previous session, pressured by a firm dollar ahead ...Reuters
3 hours ago
TABLE-UAE's Fujairah oil inventory data for week ended February 16
Feb 19 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 16, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
3 hours ago
FCX Announces Agreement For Life Of Resource Extension Of Operating Rights In Grasberg Minerals District
Feb 18 (Reuters) - Freeport-McMoRan Inc FCX.N:FCX ANNOUNCES AGREEMENT FOR LIFE OF RESOURCE EXTENSION OF OPERATING RIGHTS IN GRASBERG MINERALS DISTRICTFREEPORT-MCMORAN INC - FCX WILL TRANSFER IN 2041 A 12% SHARE INTEREST IN PTFI TO GOVERNMENT INTERESTS AT NO COST, PROVIDED SOME CONDITIONSReuters
3 hours ago
CORRECTED-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
4 hours ago
Oil prices dip as investors assess trajectory of US-Iran tensions
By Yuka Obayashi TOKYO, Feb 19 (Reuters) - Oil prices eased in early Asia trade on Thursday, following the previous day's 4% jump, as investors assessed efforts by the U.S. and Iran to resolve tensions while both sides have stepped up military activity in the key oil-producing region.Brent fu...Reuters
5 hours ago
PRECIOUS-Gold edges down as dollar firms; inflation data in focus
Feb 19 (Reuters) - Gold prices edged lower on Thursday after a more than 2% gain in the previous session, as the U.S. dollar firmed ahead of a key inflation report due later this week that could provide more cues on the U.S. interest rate trajectory.FUNDAMENTALSSpot gold XAU= dipped 0.4% to $4,961.5...Reuters
5 hours ago
GRAINS-Soybeans dip after rally, but Chinese buying hopes cap losses
SINGAPORE, Feb 19 (Reuters) - Chicago soybean futures slipped on Thursday, giving up some of the last session's gains, but expectations of Chinese buying kept prices near a three-month high.Wheat ticked higher, while corn was almost flat.FUNDAMENTALSThe most-active soybean contract on the Chicag...Reuters
5 hours ago
Russia's Lavrov warns against any new US strike on Iran
Feb 18 (Reuters) - Russian Foreign Minister Sergei Lavrov, in an interview made public on Wednesday, said that any new U.S. strike on Iran would have serious consequences and called for restraint to find a solution to enable Iran to pursue a peaceful nuclear programme.Lavrov's interview with Sau...Reuters
5 hours ago
ROI-Crude oil's current Iran premium assumes no supply disruption: Russell
By Clyde Russell LAUNCESTON, Australia, Feb 19 (Reuters) - The premium currently built into the crude oil price over tensions between the United States and Iran fluctuates according to the daily headlines, but there is an underlying assumption that everything will turn out fine.Global benchmark B...Reuters
5 hours ago
