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Oil heads for first weekly gain in three as US-Iran tensions rise
Oil prices hold near six-month highsStrait of Hormuz supply risk in focusTraders and investors bet on rising prices: Saxo Bank By Anna Hirtenstein LONDON, Feb 20 (Reuters) - Oil prices traded near six-month highs on Friday, poised for their first weekly gain in three weeks on growing concern over...Reuters
2 minutes ago
INDIA BONDS-Indian 10-year bond yield surges most in two weeks on US–Iran jitters
By Khushi Malhotra MUMBAI, Feb 20 (Reuters) - India's benchmark 10-year government bond yield spiked on Friday, driven by mounting concerns about a potential military confrontation between the U.S. and Iran that has bid crude oil prices up to their highest in six months. Higher crude...Reuters
11 minutes ago
GLOBAL LNG-Asia spot LNG steady amid holiday lull, US–Iran tensions lend support
By Emily Chow SINGAPORE, Feb 20 (Reuters) - Asia spot liquefied natural gas held steady on Friday as tepid demand and high inventories during the Lunar New Year lull capped buying interest, though geopolitical tensions between the United States and Iran offered some support.The average LNG price ...Reuters
24 minutes ago
Germany needs market-driven gas-storage filling, says economy ministry
BERLIN, Feb 20 (Reuters) - Market participants, not the government, fill natural gas storage facilities in Germany, a spokesperson for the economy ministry said on Friday when asked about a potential strategic gas reserve for Europe's largest economy.She added that her ministry is optimistic tha...Reuters
27 minutes ago
AngloGold Ashanti 2025 free cash flow triples to $2.9 bln on strong production growth
OverviewGold miner's 2025 free cash flow tripled to $2.9 bln, driven by production growthAdjusted EBITDA more than doubled to $6.3 bln in 2025Company declared total 2025 dividends of $1.8 bln, highest everOutlookAngloGold Ashanti forecasts 2026 group gold production between 2.80Moz and 3.17MozCo...Reuters
29 minutes ago
EU envoys fail to agree on 20th package of sanctions against Russia, diplomats say
BRUSSELS, Feb 20 (Reuters) - EU envoys failed to agree on a 20th package of sanctions against Russia that could include a full maritime services ban on Russian crude oil exports, EU diplomats said on Friday. The EU wants to adopt the next package to mark the four year anniversary of the war on Ukrai...Reuters
48 minutes ago
Trump EPA to weaken rule limiting harmful mercury, air toxics from coal plants
EPA plans to weaken limits for mercury emissions, air toxics set in 2024Environmental groups warn rollback puts babies at risk from elevated mercury levelsEPA says rollback will reduce costs for utilities, free up more baseload powerBy Valerie VolcoviciWASHINGTON, Feb 20 (Reuters) - The Trump admini...Reuters
53 minutes ago
Cobalt stocks drop at Wuxi exchange in scramble for electric vehicle battery material
By Pratima Desai LONDON, Feb 20 (Reuters) - Cobalt stocks on China's Wuxi exchange plummeted in late January, with traders attributing the drop to shortages in the world's top consumer of the electric vehicle battery material.More than 3,250 LNZ-ELCOINVWX tons of cobalt metal, or 37% of s...Reuters
an hour ago
Indonesia's GAPKI expects palm oil exports to US to rise following trade pact
JAKARTA, Feb 20 (Reuters) - Indonesia's palm oil association GAPKI said on Friday that it expects the country's palm oil exports to the United States to rise to 3 million metric tons within the next two years after the conclusion of a trade agreement. Last year, Indonesian palm oil exports t...Reuters
an hour ago
PRECIOUS-Gold rises on US-Iran tensions and lower European bond yields
US sets 15-day deadline for Iran to sign nuclear dealSilver, platinum and palladium set for weekly gainsUS inflation data due at 1330 GMTBy Pablo Sinha Feb 20 (Reuters) - Gold prices rose on Friday, supported by lingering tensions between the United States and Iran and lower European bond yields...Reuters
2 hours ago
Anglo American hit by De Beers writedown, posts $3.7 billion loss
Mining group advancing plans to shed non-core assetsCompany declares dividend of $0.23 a shareCore earnings of $6.4 billion in line with analysts' estimateBy Clara Denina LONDON, Feb 20 (Reuters) - Anglo American AAL.L posted a $3.7 billion loss on Friday after taking another writedown on its...Reuters
2 hours ago
Anglo American hit by De Beers writedown, posts $3.7 billion loss
Mining group advancing plans to shed non-core assetsCompany declares dividend of $0.23 a shareCore earnings of $6.4 billion in line with analysts' estimateBy Clara Denina LONDON, Feb 20 (Reuters) - Anglo American AAL.L posted a $3.7 billion loss on Friday after taking another writedown on its...Reuters
2 hours ago
Trump ally ties up with Russia's Novatek on natural gas in Alaska, NYT reports
Energy deals discussed during Trump-Putin talks in AlaskaDeals aimed to encourage Kremlin for Ukraine peace, ease sanctionsGentry Beach signed agreement with Novatek, project faces hurdlesMOSCOW, Feb 20 (Reuters) - American financier Gentry Beach, who has ties to U.S. President Donald Trump's fa...Reuters
3 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 over...Reuters
3 hours ago
ANALYSIS-Spain's Sanchez reaps gains from anti-Trump stance, testing ties with U.S.
Defiance on defence, migration, free speech strikes nerve in USForeign policy gives Sanchez chance to show strength Criticism of US policy popular with Spanish electorate Opposition fears Spain could be shut out of US initiativesBy Victoria Waldersee MADRID, Feb 20 (Reuters) - Pedro Sanchez’s thi...Reuters
3 hours ago
US negotiating with India on Venezuelan oil sale, US envoy says
Dept of Energy in talks with Indian govt on Venezuelan oil saleUS made oil supply diversification central to India trade talksInterim trade deal effective April, India trade minister saysBy Abhirami G and Nidhi Verma NEW DELHI, Feb 20 (Reuters) - The United States is in "active negotiation&#...Reuters
3 hours ago
Amazon's cloud was hit by two outages involving AI tools in December, FT says
Feb 20 (Reuters) - Amazon's AMZN.O cloud unit suffered at least two outages in December stemming from errors involving its own AI tools, the Financial Times reported on Friday, citing people familiar with the matter. In mid-December, Amazon Web Services experienced a 13-hour interruption to a sy...Reuters
4 hours ago
