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Occidental Says Relative To 2025, Spend In U.S. Onshore Is Expected To Decrease By $400 Million - Conf Call
Feb 19 (Reuters) - Occidental Petroleum Corp OXY.N:OCCIDENTAL SAYS RELATIVE TO 2025, SPEND IN U.S. ONSHORE IS EXPECTED TO DECREASE BY $400 MILLION - CONF CALLOCCIDENTAL ANTICIPATES SLIGHTLY LOWER MIDSTREAM EARNINGS IN 2026 - CONF CALLOCCIDENTAL SEES Q1 VOLUMES TO BE LOWER - CONF CALLOCCIDENTAL EXPEC...Reuters
8 minutes ago
Brazil court reinstates order to free up access to Santarem port terminal
SAO PAULO, Feb 19 (Reuters) - A Brazilian court reinstated late on Wednesday an order to free up access to the Santarem river port terminal where U.S. grain trader Cargill operates, according to a ruling signed by federal judge Shamyl Cipriano and seen by Reuters.Indigenous protesters have been bloc...Reuters
17 minutes ago
Olympics-Curling-Curlers wait in traffic, walk to stadium after heavy snowfall
By Aadi Nair CORTINA D'AMPEZZO, Italy, Feb 19 (Reuters) - Heavy snowfall in Cortina turned Olympic curlers into hikers on Thursday, as some teams abandoned their transport and trudged through the snow to reach the Cortina Curling Olympic Stadium after traffic ground to a halt in the Dolomite ...Reuters
21 minutes ago
PRECIOUS-Gold flat as investors weigh US-Iran tensions, focus on inflation data
US weekly jobless claims fall more than expectedKey US inflation data due on FridayTrump presses Iran to make 'meaningful' dealFed minutes show officials grappling with policy splitBy Anmol Choubey Feb 19 (Reuters) - Gold prices steadied on Thursday as investors assessed U.S.-Iran tension...Reuters
29 minutes ago
Oil rises to six-month high on concern over potential US-Iran conflict
Geopolitical tensions drive oil prices higher, analyst saysIran plans to conduct naval exercises with Russia Saudi oil exports fall, lowest since SeptemberBy Siddharth Cavale NEW YORK, Feb 19 (Reuters) - Oil prices rose around 2% on Thursday to their highest level in six months, as traders worrie...Reuters
31 minutes ago
EU wheat rallies as US weather and euro support
PARIS, Feb 19 (Reuters) - Euronext wheat rose on Thursday to a 2-1/2 month high as weather concerns fuelled a rally in Chicago while an easing in the euro boosted European export prospects, traders said.May milling wheat BL2K6, the most active position on Euronext, settled 2% up at 195 euros ($229.5...Reuters
40 minutes ago
US generated fewer renewable blending credits in January, EPA says
Feb 19 (Reuters) - The U.S. generated fewer renewable blending credits in January than December, data from the Environmental Protection Agency showed on Thursday.About 1.22 billion ethanol(D6) blending credits were generated in January, compared with about 1.32 billion in December, the data showed.C...Reuters
41 minutes ago
REFILE-Brazil court reinstates order to free up access to Santarem port terminal
SAO PAULO, Feb 19 (Reuters) - A Brazilian court reinstated late on Wednesday an order to free up access to the Santarem river port terminal where U.S. grain trader Cargill operates, according to a ruling signed by federal judge Shamyl Cipriano and seen by Reuters.The facilities were being blocked by...Reuters
50 minutes ago
PBF refinery in Torrance, California, reports unplanned flaring due to power failure
By Nicole JaoNEW YORK, Feb 19 (Reuters) - A power failure occurred at PBF's PBF.N 155,000 barrel-per-day refinery in Torrance, California, while units were coming back from planned maintenance, triggering unplanned flaring, two sources familiar with the matter said.Maintenance activities at the ...Reuters
54 minutes ago
US generated fewer renewable blending credits in January, EPA says
Feb 19 (Reuters) - The U.S. generated fewer renewable blending credits in January than December, data from the Environmental Protection Agency showed on Thursday.About 1.22 billion ethanol (D6) blending credits were generated in January, compared with about 1.32 billion in December, the data showed....Reuters
an hour ago
GRAINS-Soybeans gain on demand prospects, but high plantings cap gains
Soybeans rise, prices near highest since mid-NovemberExpectations of Chinese demand underpin pricesUSDA anticipates farmers will plant more soybeans, less corn in 2026By Heather Schlitz CHICAGO, Feb 19 (Reuters) - Chicago soybean futures rose for a third consecutive day on Thursday to hover near ...Reuters
2 hours ago
US distillate fuel demand rose in latest week to four-year high last week, EIA says
NEW YORK, Feb 19 (Reuters) - U.S. product supplied of distillate fuel oil, a measure of demand for diesel and heating oil, rose in the previous week to 4.75 million barrels per day (bpd), the highest since January 2022, data from the Energy Information Administration showed on Thursday.Product suppl...Reuters
2 hours ago
Epstein tried to build web of powerful ties across Middle East, documents show
Files show Epstein sought powerful network of ties across Middle East Saudi Aramco’s potential IPO among issues touched on in filesDP World CEO resigns after being named in Epstein filesBy Jana Choukeir, Andrew Mills and Maha El Dahan DUBAI, Feb 19 (Reuters) - The departure of the chief executive...Reuters
2 hours ago
Exxon working to determine gas resource at Stabroek Block, Guyana minister says
By Sheila Dang and Kemol KingGEORGETOWN, Feb 19 (Reuters) - Exxon Mobil XOM.N is continuing work to determine the total natural gas resources at the Stabroek Block in Guyana, the country's energy minister said."(The government's) technical team is still going through that with Exxon,"...Reuters
2 hours ago
Nutrien expects higher potash demand despite tough conditions for farmers
By Ed White WINNIPEG, MANITOBA, Feb 19 (Reuters) - Top world potash producer Nutrien NTR.TO expects increased demand for the crop nutrient in 2026 despite farmers cutting back on phosphate fertilizer and facing low returns. On its fourth-quarter financial results conference call, the Canadian com...Reuters
2 hours ago
METALS-Copper falls as firmer dollar and high inventories weigh
Lunar New Year absences make price action difficult to interpretFederal Reserve policymakers appear in no hurry to cut ratesLME copper stocks still rising LONDON, Feb 19 (Reuters) - Copper lost ground on Thursday, giving up some of the previous session's gains as a firmer dollar, rising inven...Reuters
2 hours ago
EU wheat rallies as U.S weather and euro support
PARIS, Feb 19 (Reuters) - Euronext wheat rose on Thursday to a 2-1/2 month high as weather concerns fuelled a rally in Chicago while an easing in the euro boosted European export prospects, traders said.May milling wheat BL2K6, the most active position on Euronext, was up 1.8% by 1707 GMT at 194.75 ...Reuters
2 hours ago
Targa Resources Says Larger Downstream Projects And LPG Export Expansion Are Set To Come Online In The Second Half Of 2027 - Conf Call
Feb 19 (Reuters) - Targa Resources Corp TRGP.N:TARGA RESOURCES SAYS LARGER DOWNSTREAM PROJECTS AND LPG EXPORT EXPANSION ARE SET TO COME ONLINE IN THE SECOND HALF OF 2027 - CONF CALLTARGA RESOURCES EXPECT NATURAL GAS PRICES AT WAHA TO REMAIN VOLATILE THROUGHOUT MUCH OF THE YEAR - CONF CALLTARGA RESOU...Reuters
2 hours ago
FACTBOX-What's the status of international oil companies in Venezuela?
Feb 19 (Reuters) - Here are key facts about international oil companies in Venezuela, a country with vast oil reserves but dilapidated energy infrastructure. In the 2000s, then President Hugo Chávez expropriated assets from several foreign oil companies, strengthening state-owned PDVSA’s control...Reuters
2 hours ago
