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US grants sanctions waiver to Serbia's Russia-owned NIS oil firm until March 20
BELGRADE, Feb 20 (Reuters) - The U.S. Treasury Department has extended a sanctions waiver on Serbia's Russian-owned NIS NIIS.BEL until March 20, giving the Balkan country another month to import crude oil supplies, energy minister Dubravka Djedovic Handanovic said on Friday.The U.S. Office of Fo...Reuters
5 minutes ago
Oil down on slow US move on Iran; Ignores court decision
Oil prices hold near six-month highStrait of Hormuz supply risk fears US Supreme Court decision on tariffs has little effect on crudeTraders and investors bet on rising prices: Saxo Bank By Anna Hirtenstein HOUSTON, Feb 20 (Reuters) - Oil prices traded near six-month highs on Friday, heading for ...Reuters
8 minutes ago
Silver Price Forecast: XAG/USD bulls regain control as short-term momentum strengthens
Silver (XAG/USD) builds on its recent recovery on Friday, with prices climbing for a third consecutive day as lingering geopolitical risks fuel safe-haven flows. At the time of writing, XAG/USD is trading near $82.80, on track to post a weekly gain of more than 5%.
Fxstreet
11 minutes ago
Utility PPL forecasts 2026 profit below estimates, lifts spending plan
By Dharna Bafna Feb 20 (Reuters) - PPL Corp PPL.N on Friday forecast annual profit below expectations, but raised its four-year capital spending plan by 15% as the utility prepares to meet surging power demand from data centers. U.S. utilities have been adding billions of dollars to their cap...Reuters
13 minutes ago
US drillers keep oil and natgas rig count unchanged for second week in a row, says Baker Hughes
NEW YORK, Feb 20 (Reuters) - U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for a second week in a row, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
14 minutes ago
Trump EPA to weaken rule limiting harmful mercury, air toxins from coal plants
EPA weakens limits for mercury emissions, air toxins 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 administration...Reuters
15 minutes ago
EU wheat extends run to 3-month high on weather and war risks
PARIS, Feb 20 (Reuters) - Euronext wheat climbed to a three-month high on Friday as concern over weather risks to crops and U.S.-Iran tensions fuelled more short-covering, traders said.Fresh gains in U.S. wheat futures Wv1, which have led the rally in wheat markets this week, also supported Euronext...Reuters
31 minutes ago
ExxonMobil Beaumont Complex, Texas To Begin Maintenance Activity
Feb 20 (Reuters) - Exxon Mobil Corp XOM.N:REPORTS BEAUMONT COMPLEX WILL BEGIN MAINTENANCE ACTIVITY ON FRIDAY AT 11:25AM RESULTING IN INCREASED ACTIVITY AND FLARING NOT TYPICAL OF NORMAL OPERATIONS SOURCE: SOUTHEAST TEXAS ALERTING NETWORK (STAN)THE BEAUMONT COMPLEX HOUSES A 612,000 BARREL-PER-DAY OIL...Reuters
49 minutes ago
BP restarts Olympic Pipeline after two-day maintenance
NEW YORK, Feb 20 (Reuters) - BP's BP.L Olympic Pipeline has resumed operations following two-day maintenance work, the company said on Friday.The Olympic Pipeline's mainline restarted on the evening of February 19, the company said in a statement.The system's main artery was shut down on...Reuters
an hour ago
Energy Transfer terminates offtake agreements with some customers of suspended Lake Charles LNG project
By Curtis Williams HOUSTON, Feb 20 (Reuters) - Energy Transfer ET.N has terminated offtake agreements with some customers of its suspended Lake Charles liquefied natural gas project in Louisiana, according to a filing with the U.S. Securities and Exchange Commission on Thursday.Here are some deta...Reuters
2 hours ago
PRECIOUS-Gold firms as investors weigh weak US GDP data, Supreme Court's tariff ruling
US Supreme Court rejects Trump's global tariffsUS economic growth slows sharply in the fourth quarterUS PCE inflation heats up in DecemberBy Anmol Choubey Feb 20 (Reuters) - Gold prices rose on Friday, supported by weaker‑than‑expected U.S. GDP data, while investors weighed the U.S. Supreme C...Reuters
2 hours ago
Trump calls Supreme Court tariff ruling a disgrace, say sources
WASHINGTON, Feb 20 (Reuters) - U.S. President Donald Trump called the Supreme Court ruling on his sweeping global tariffs a "disgrace" on Friday after the decision came during his meeting with state governors, sources familiar with the matter said.Reuters
2 hours ago
PRECIOUS-Gold pares gains after U.S. Supreme Court strikes down Trump tariffs
US Supreme Court rejects Trump's global tariffsUS economic growth slows sharply in the fourth quarterUS PCE inflation heats up in DecemberGoldman sees slowdown in central bank gold buying as temporaryBy Anmol Choubey Feb 20 (Reuters) - Gold prices trimmed some gains on Friday as investors ass...Reuters
3 hours ago
Indonesia's Pertamina to maintain bidding process for US energy imports
JAKARTA, Feb 20 (Reuters) - Indonesian state oil and gas firm Pertamina [RIC:RIC:PERTM.UL] said on Friday that energy product imports from the U.S. will still be conducted through a bidding process following the conclusion of a trade deal between the two countries. Indonesia and the U.S. finalised a...Reuters
3 hours ago
U.S. RESEARCH ROUNDUP-Dropbox, Etsy, Zscaler
Feb 20 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Dropbox, Etsy and Zscaler, on Friday. HIGHLIGHTSAkamai Technologies Inc AKAM.O: Scotiabank raises target price to $120.00 from $105.00Dropbox Inc DBX.O: JP Morgan c...Reuters
3 hours ago
ROI-West needs its own pricing to escape China's rare earths grip: Andy Home
By Andy Home LONDON, Feb 20 (Reuters) - A sharp rally in the price of rare earths has propelled the market above the floor price guaranteed by the U.S. government in its ground-breaking deal with domestic producer MP Materials. This is good news for the U.S. taxpayer since the government will not...Reuters
3 hours ago
Trucks form 28-km line to deliver soybeans to Brazil's Miritituba river terminals
By Ana Mano SAO PAULO, Feb 20 (Reuters) - Trucks loaded with soybeans faced a 28-kilometer line to deliver the product to grain terminals at the Amazonian port of Miritituba in Para state, according to mid-morning traffic data shared with Reuters by oilseed lobby Abiove on Friday.Cargill, Bunge, ...Reuters
3 hours ago
New U.S. electric generating capacity expected to reach a record high in 2026, EIA says
Feb 20 (Reuters) - U.S. ENERGY INFORMATION ADMINISTRATION:SAYS U.S. POWER PLANT DEVELOPERS AND OPERATORS PLAN TO ADD 86 GIGAWATTS (GW) OF NEW UTILITY-SCALE ELECTRIC GENERATING CAPACITY TO THE U.S. POWER GRID IN 2026SAYS SOLAR POWER MAKES UP 51% OF THE PLANNED 2026 CAPACITY ADDITIONS, FOLLOWED BY BAT...Reuters
3 hours ago
FACTBOX-US demands on Europe in the field of energy
Feb 20 (Reuters) - President Donald Trump's administration, which has rolled back U.S. environmental regulations in a bid to "unleash American energy dominance" and expand oil, gas and coal production, is also demanding that Europe makes similar rule changes so it can buy more U.S. energ...Reuters
3 hours ago
