News
Important Only
Trump says 50 million barrels of Venezuelan oil are headed to Houston
ROME, Georgia, Feb 19 (Reuters) - U.S. President Donald Trump said on Thursday that 50 million barrels of Venezuelan oil are on the way to Houston, Texas."You've heard about Venezuela, and we're helping them very much with their oil ... We took 50 million barrels of oil. It's right n...Reuters
26 minutes ago
Shell says US general licenses for exploration in Venezuela will allow it to progress with Dragon natural gas project
US licenses enable Shell's Dragon gas project progressDragon project faced delays due to US policy shiftsShell aims to export gas via Atlantic LNG in TrinidadBy Curtis Williams and Shadia Nasralla HOUSTON/LONDON, Feb 19 (Reuters) - General licenses for oil and gas exploration in Venezuela iss...Reuters
37 minutes ago
US removing guardrails from proposed Saudi nuclear deal, document says
Saudi Arabia, top oil exporter, wants to build nuclear reactorsUS removes guardrails on enrichment, snap UN inspections, document showsPutting US industry at heart of Saudi Arabia nuclear program ensures safety, US saysTrump could submit 123 Agreement to Congress this monthBy Timothy Gardner and Jon...Reuters
43 minutes ago
Venezuela's refineries boost processing to 35% of capacity, sources say
Feb 19 (Reuters) - Venezuela's refining network is operating at about 35% of its installed capacity of 1.29 million barrels per day, workers at the facilities said on Thursday, above the 20% to 25% of last year but still a low volume to secure enough fuel to meet rising domestic demand.The South...Reuters
47 minutes ago
Exxon determining size of natural gas resources at Guyana's Stabroek Block, minister says
Exxon plans second FPSO for southeast Stabroek BlockBerbice pipeline depends on industrial demand growthCanje block exploration license set to expire soonBy Sheila Dang and Kemol KingGEORGETOWN, Feb 19 (Reuters) - Exxon Mobil XOM.N is continuing work to determine the size of natural gas resources at...Reuters
56 minutes ago
US Cash Crude-Offshore grades rise as WTI/Brent spread stays wide
HOUSTON, Feb 19 (Reuters) - Physically traded offshore grades rose on Thursday, dealers said, as the spread between WTI and Brent crude futures stayed wide and domestic crude stocks fell. A discount larger than $4 a barrel typically drives higher demand for barrels across the Atlantic, as traders sp...Reuters
an hour ago
Dropbox beats Q4 revenue, adjusted EPS expectations
OverviewCloud storage provider's Q4 revenue beat analyst expectations despite a 1.1% yr/yr declineAdjusted EPS for Q4 beat analyst expectationsCompany repurchased 14.4 mln shares for $414.6 mln during the quarterOutlookDropbox plans to drive engagement and adoption of Dash in 2026Company focuses...Reuters
an hour ago
Newmont beats fourth-quarter profit estimates on soaring gold prices
Feb 19 (Reuters) - Newmont NEM.N beat Wall Street estimates for fourth-quarter profit on Thursday, as a record-breaking rally in bullion prices offset lower production at the world's biggest gold miner.Gold prices XAU= hit multiple record highs in recent months, driven by expectations of U.S. in...Reuters
an hour ago
Newmont beats fourth-quarter profit estimates
Feb 19 (Reuters) - Newmont NEM.N beat Wall Street estimates for fourth-quarter profit on Thursday, driven by a record-breaking rally in bullion prices.On an adjusted basis, the world's biggest gold miner earned $2.52 per share for the quarter ended December 31, compared with analysts' averag...Reuters
an hour ago
CORRECTED-Ukraine’s Zaporizhzhia nuclear power plant operating on sole remaining main power line, IAEA says
Feb 19 (Reuters) - Ukraine’s Russian-held Zaporizhzhia nuclear power plant is operating on its sole remaining main power line after losing its only back‑up line more than a week ago, International Atomic Energy Agency's Director General Rafael Grossi said on Thursday in a statement.Reuters
an hour ago
Venezuela's refineries working at about 35% of capacity, sources say
Feb 19 (Reuters) - Venezuela's refining network is operating at about 35% of its installed capacity of 1.29 million barrels per day (bpd), workers from the facilities said on Thursday, above the 20-25% of last year.The Amuay, Cardon, El Palito and Puerto la Cruz refineries, operated by state ene...Reuters
an hour ago
LIVESTOCK-CME cattle futures mixed in choppy trade
CHICAGO, Feb 19 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures were mixed on Thursday as traders eyed cash cattle trade and digested a morning U.S. Department of Agriculture report. CME April live cattle futures LCJ26 settled 0.90 cent higher to 243.425 cents per pound. April...Reuters
an hour ago
StoneX sees Brazil diesel imports rising to new record in 2026
RIO DE JANEIRO, Feb 19 (Reuters) - Brazilian imports of pure diesel were estimated at 17.8 million cubic meters this year, a 2.4% increase from an already record level in 2025, according to a report from consultancy firm StoneX on Thursday. StoneX's base scenario is that the mandatory percentage...Reuters
an hour ago
Trump warns Iran of 'bad things' if no deal made, appears to set deadline of 10-15 days
Trump has threatened to bomb Iran over its nuclear programUS sends warships and fighter jets to regionKremlin urges all sides to show restraintOil prices have risen on fears of fresh attack on IranBy Trevor Hunnicutt and Matt Spetalnick WASHINGTON, Feb 19 (Reuters) - President Donald Trump warned...Reuters
2 hours ago
ExxonMobil Beaumont Complex, Texas To Begin Maintenance Activity
Feb 19 (Reuters) - EXXONMOBIL CORP XOM.N:SAYS ITS BEAUMONT COMPLEX, TEXAS, WILL BEGIN MAINTENANCE ACTIVITY 2-19-25 RESULTING IN INCREASED ACTIVITY AND FLARING NOT TYPICAL OF NORMAL OPERATIONSSOURCE: SOUTHEAST TEXAS ALERTING NETWORK (STAN)THE BEAUMONT COMPLEX HOUSES A 612,000 BARREL-PER-DAY OIL REFIN...Reuters
2 hours ago
Shell says US general license for exploration in Venezuela will allow it to progress with Dragon gas project
HOUSTON, Feb 19 (Reuters) - A U.S. general license for oil and gas exploration in Venezuela will allow Shell SHEL.L to progress with its Dragon gas project, a company spokesperson told Reuters on Thursday.Reuters
2 hours ago
Brazil court reinstates order to free up access to Cargill's Santarem port terminal
By Ana Mano 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...Reuters
2 hours ago
CORRECTED-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 natgas futures ease to 4-month low on rising output and smaller-than-usual storage draw
EIA reports slightly smaller than usual gas storage withdrawalWaha Hub prices remain negative due to pipeline constraintsLSEG projects increased gas demand and output in FebruaryBy Scott DiSavino NEW YORK, Feb 19 (Reuters) - U.S. natural gas futures eased to a four-month low on Thursday on a slow...Reuters
2 hours ago
