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Storm paralyzes travel, forcing more than 8,000 US flight disruptions
By David Shepardson and Allison Lampert Feb 23 (Reuters) - U.S. airlines are set to add flights on Tuesday, even as they wrestle with thousands of scrubbed flights the day after a powerful Northeast winter storm forced more than 8,000 cancellations and delays. The storm blanketed parts...Reuters
16 minutes ago
US Plains HRW Wheat-Basis bids flat as futures dive
CHICAGO, Feb 23 (Reuters) - Basis bids for hard red winter wheat were steady in a spot check of locations in the U.S. Plains on Monday, as futures fell. Precipitation in the coming weeks is expected to bring some relief to the driest quarter of the Southwest Plains wheat crop, according to Commodity...Reuters
23 minutes ago
Canada's Cando Rail & Terminals to buy Savage Rail
Feb 23 (Reuters) - Canadian railroad contractor Cando Rail & Terminals will buy U.S. peer Savage Rail as it expands its footprint across the U.S., Cando announced on Monday.The transaction gives the Manitoba-based Cando a significant foothold in the U.S., while it continues to expand its network...Reuters
26 minutes ago
Gold climbs above $5,200 on geopolitical tensions, trade uncertainty
Gold price (XAU/USD) jumps to around $5,230 during the early Asian session on Tuesday. The rally of the precious metal is bolstered by heightened geopolitical tensions and global trade uncertainty following US tariff decisions.
Fxstreet
31 minutes ago
ONEOK quarterly profit falls as pipeline divestiture impacts gas segment earnings
Feb 23 (Reuters) - U.S. pipeline operator ONEOK OKE.N posted a fall in fourth-quarter profit per share on Monday, hit by a sharp drop in earnings in its natural gas transportation segment linked to the 2024 divestiture of an interstate pipeline network.Shares of the company were down 2.8% in extende...Reuters
33 minutes ago
LIVESTOCK-CME cattle fall on concerns meatpackers may pay less
By Tom Polansek CHICAGO, Feb 23 (Reuters) - Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled on Monday on expectations that demand may weaken from beef processors that were losing money buying livestock, analysts said.Tight supplies of cattle have sent cash prices soaring...Reuters
41 minutes ago
US Cash Crude-Grades rise on first full day of volatile roll trading period
HOUSTON, Feb 23 (Reuters) - Grades rose on Monday, dealers said, on the first full day of the volatile roll trading period. Traders use the three-day roll period to adjust their crude slates, square up positions and net out exposures following the expiration of the U.S. crude futures contract.Prices...Reuters
58 minutes ago
GRAINS-Soy, wheat retreat on US trade uncertainty after tariff ruling
Traders worry about US crop exports after Trump raises temporary dutiesSupreme Court struck down Trump's previous tariff programCBOT May soybeans hit November high before ending lowerBy Tom Polansek CHICAGO, Feb 23 (Reuters) - U.S. grain and soybean futures reached multi-month highs on Monday...Reuters
an hour ago
North Dakota operators likely to keep crude output steady this year, regulator says
By Georgina McCartney and Siddharth CavaleHOUSTON, Feb 23 (Reuters) - Crude output is expected to be relatively steady in North Dakota in February, the third-largest U.S. oil-producing state, a state regulator said on Monday, with little change expected in drilling activity.Operators are likely to h...Reuters
an hour ago
Paralyzing blizzard hits US Northeast, closing roads and canceling flights
New York City closes schoolsGovernors activate National Guard, declare regional emergenciesFlightAware reports over 7,400 flight cancellations NJ Transit suspends statewide rail and bus services due to stormBy Rajesh Kumar Singh and Rich McKay NEW YORK, Feb 23 (Reuters) - A powerful blizzard drop...Reuters
an hour ago
OCI Energy And Arava Power Have Closed Construction Financing With ING Capital
Feb 23 (Reuters) - OCI ENERGY AND ARAVA POWER HAVE CLOSED CONSTRUCTION FINANCING WITH ING CAPITAL TO SUPPORT A 347 MWDC SOLAR ENERGY PROJECT NEAR HOUSTONOCI ENERGY: TOTAL INVESTMENT ASSOCIATED WITH PROJECT SUNROPER IS EXPECTED TO BE ABOUT $394 MILLIONOCI ENERGY: CONSTRUCTION FINANCING IS SUPPORTED B...Reuters
2 hours ago
BREAKINGVIEWS-Big Tech will only partly dissolve AI water risk
By Antony Currie MELBOURNE, Feb 24 (Reuters Breakingviews) - Barely two weeks into 2026, Nvidia NVDA.O boss Jensen Huang and Microsoft MSFT.O President Brad Smith seemed to have jointly defanged one of the biggest threats to the growth of artificial intelligence: water security. The Big Tech heav...Reuters
2 hours ago
Storm paralyzes travel, forcing more than 8,000 US flight disruptions
By David Shepardson and Allison Lampert Feb 23 (Reuters) - U.S. airlines were still digging out from a powerful Northeast winter storm that forced more than 8,000 flight cancellations and delays on Monday, with thousands more already scrubbed for Tuesday.FlightAware, a flight tracking site, said ...Reuters
2 hours ago
CIF/FOB Gulf Grain-Soybean, corn basis inch up as Chinese demand stays quiet
CHICAGO, Feb 23 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals inched up Monday, as traders watched for signs of any impact on U.S. exports from the Supreme Court's decision to strike down President Donald Trump's import tariffs.CIF Gulf soybean ba...Reuters
2 hours ago
Diamondback misses profit estimates as weaker oil prices weigh
Feb 23 (Reuters) - Diamondback Energy FANG.O fell short of Wall Street expectations for fourth-quarter profit on Monday, as the U.S. shale producer struggled with weaker oil prices, sending its shares down more than 2% in extended trading.Global crude oil prices have been pressured by growing worrie...Reuters
2 hours ago
CBOT wheat ends down after climbing to July highs
CHICAGO, Feb 23 (Reuters) - Chicago Board of Trade wheat futures fell on profit-taking on Monday, analysts said, as the market pulled back after reaching its highest levels since July. CBOT March soft red winter wheat WH26 ended down 4 cents at $5.69-1/2 a bushel. The contract earlier hit its hig...Reuters
2 hours ago
Trump says will be very bad day for Iran if don't make a deal
WASHINGTON, Feb 23 (Reuters) - If the United States does not make a deal with Iran over its nuclear ambitions "it will be a very bad day for that Country and, very sadly, its people," U.S. President Donald Trump said in a social media post on Monday.Reuters
2 hours ago
Maryland sues Trump administration to halt construction of ICE facility
By Jasper Ward WASHINGTON, Feb 23 (Reuters) - Maryland Attorney General Anthony Brown said on Monday that the state had filed a lawsuit against the Trump administration to halt construction of a new federal immigration detention center in the state.The U.S. Department of Homeland Security, which ...Reuters
2 hours ago
ICE Reverts FCOJ Futures Daily Price Limit To 10 Cents Per Pound
Feb 23 (Reuters) - ICE FUTURES U.S.: EFFECTIVE WITH THE START OF TRADING FOR FEBRUARY 24, 2026, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL REVERT TO 10 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY'S SETTLEMENT PRICE FOR THE RESPECTIVE DELIVERY M...Reuters
2 hours ago
