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WTI Crude Oil slips from six-month high amid geopolitical tensions, supply growth
West Texas Intermediate (WTI) US Oil trades around $65.95 on Tuesday at the time of writing, down 0.68% on the session, after having reached a six-month high of $67.23 on Monday.
WTI
Fxstreet
3 minutes ago
Ukraine does not feel abandoned by US government, envoy says
WASHINGTON, Feb 24 (Reuters) - Ukraine does not feel abandoned by the U.S. government, its ambassador to the United States said, adding that she expected President Donald Trump to discuss ending Russia's war in Ukraine during his State of the Union speech later on Tuesday. Speaking to reporters,...
Reuters
11 minutes ago
Delta Air Lines Expects Flights To Resume At Noon In LGA, JFK, BOS
Feb 24 (Reuters) - Delta Air Lines Inc DAL.N:DELTA AIR LINES: EXPECT FLIGHTS TO GRADUALLY BEGIN RESUMING AT NOON IN LGA, JFK & BOS BASED ON AIRPORT CONDITIONS - WEBSITEDELTA AIR LINES INC: DELAYS AND ADDITIONAL SCHEDULE ADJUSTMENTS ARE POSSIBLE AS OPERATIONS RECOVER - WEBSITESource text: [ID:]
Reuters
12 minutes ago
GRAINS-Soy hovers near three-month peak as traders watch China demand
CBOT soybean futures turn higher after setback on MondayTariff upheaval seen easing pressure on China to buy US soyChina says it is monitoring US policies, open to discussionsBy Tom Polansek CHICAGO, Feb 24 (Reuters) - Chicago Board of Trade soybean futures rose to hover near a three-month high o...
Reuters
21 minutes ago
Aluminium maker Alcoa seeks to sell 10 sites to data centres
Feb 24 (Reuters) - U.S. aluminium company Alcoa Corp AA.N is looking to sell 10 of its closed or curtailed sites to the data centre industry, with the first sale set to be completed by the end of June, its CEO said on Tuesday.Aluminium producers, which need electricity for the energy-intensive smelt...
Reuters
22 minutes ago
PRECIOUS-Gold slips from three‑week high on dollar strength, profit-taking
Gold rose to more than 3-week high earlier in the sessionIran and US to hold new round of talks on ThursdayFresh catalyst needed to break record highs, analyst saysBy Anmol Choubey Feb 24 (Reuters) - Gold retreated on Tuesday, easing from a three‑week high as profit‑taking and a firmer dollar pre...
Reuters
38 minutes ago
EU faces transition period with US after Trump tariff move, says EU trade chief
New US surcharge can be in place for 150 daysSefcovic says he was reassured by US counterparts on trade deal commitmentEU lawmakers have stalled planned vote on EU-US dealBy Philip Blenkinsop BRUSSELS, Feb 24 (Reuters) - The European Union is facing a "transitional period" of a few months...
Reuters
50 minutes ago
UK sanctions New Zealand insurer Maritime Mutual after Reuters report
By Paul Carsten and Lucy Craymer BERLIN, Feb 24 (Reuters) - Britain on Tuesday sanctioned Maritime Mutual, the New Zealand-based marine insurer that was the subject of a Reuters special report into how it had helped in the trade of tens of billions of dollars of Iranian and Russian oil."(Mari...
Reuters
an hour ago
Silver Price Forecast: XAG/USD pulls back from $89 as tariff rally fades into profit-taking
Spot Silver is pulling back on Tuesday after Monday's explosive rally, trading near $87.87. The weekend tariff escalation, which came just hours after the US Supreme Court struck down broader emergency tariffs, fuelled a flight into precious metals.
Silver
Fxstreet
an hour ago
Venezuela readies larger oil cargoes for export, targets India
VLCCs to speed up Venezuelan oil exportsLarger cargoes could reduce transportation costs for traders, buyersVLCC charters come amid tightened availability of medium-sized vesselsBy Marianna Parraga, Shariq Khan and Arathy Somasekhar Feb 24 (Reuters) - Trading houses and buyers of Venezuelan oil h...
Reuters
an hour ago
Oil prices hold near seven-month highs with US-Iran talks in focus
U.S.-Iran tensions impact oil prices, geopolitical risk premium notedUBS predicts modest oil price decline if Middle East tensions don't escalateU.S. embassy staff pulled from Beirut amid military conflict concernsBy Scott DiSavino NEW YORK, Feb 24 (Reuters) - Oil prices were little chang...
Reuters
an hour ago
Protesters to leave Cargill's Brazil facility in 48 hours
By Adriano Machado SANTAREM, Brazil, Feb 24 (Reuters) - Brazilian Indigenous protesters who invaded a Cargill port facility in the northern town of Santarem plan to leave the site within about 48 hours, Indigenous leader Alessandra Munduruku told Reuters on Tuesday.The group has been occupyin...
Reuters
2 hours ago
US is looking to address EU concerns on metal "derivative" products, says EU trade chief
BRUSSELS, Feb 24 (Reuters) - The United States is looking to address EU concerns about 50% tariffs it placed on the metal content of "derivatives" such as wind turbines and motorcycles, European Trade Commissioner Maros Sefcovic said on Tuesday."I got reassurances from our U.S. colleague...
Reuters
2 hours ago
Protesters to leave Cargill's Brazil facility in 48 hours
SANTAREM, Brazil, Feb 24 (Reuters) - Indigenous protesters who invaded a Cargill port facility in the north of Brazil plan to leave the site within about 48 hours, indigenous leader Alessandra Munduruku told Reuters on Tuesday.The group has been occupying the Cargill facility since the weekend. They...
Reuters
2 hours ago
Constellation Energy tops profit estimates on robust data center-driven power demand
By Pooja Menon and Vallari Srivastava Feb 24 (Reuters) - Major U.S. power company Constellation Energy CEG.O beat Wall Street estimates for fourth-quarter adjusted profit on Tuesday, helped by rising electricity demand from data centers, sending shares up 4% in morning trading.U.S. power consum...
Reuters
2 hours ago
U.S. Aluminum Co Signs Agreement With EGA And Century Aluminum
Feb 24 (Reuters) - EGA:EGA - OKLAHOMA’S BURGEONING ALUMINUM HUB GETS BOOST WITH AGREEMENT BETWEEN U.S. ALUMINUM CO AND EGA, CENTURY ALUMINUMEGA- CONSTRUCTION OF OKLAHOMA PRIMARY ALUMINUM EXPECTED TO BEGIN BY END OF 2026EGA- EGA, CENTURY DEVELOPING PROJECT IN PARTNERSHIP, WITH EGA HOLDING 60%AND CENT...
Reuters
2 hours ago
European gas: Weather relief but new risks – Commerzbank
Commerzbank’s Norman Liebke notes European gas prices have stabilized as milder weather reduces withdrawals from storage, with low withdrawal rates likely to persist in coming weeks.
Fxstreet
2 hours ago
EU expects US to scale back steel, aluminum goods tariffs within weeks, Bloomberg News reports
Feb 24 (Reuters) - European Union officials expect the U.S. to lower tariffs on goods containing steel and aluminum within weeks, potentially easing a major source of friction in transatlantic trade ties, Bloomberg News reported on Tuesday, citing people familiar with the matter.The planned changes ...
Reuters
2 hours ago
Xcel Energy to power new Google data center in Minnesota
Feb 24 (Reuters) - Xcel Energy XEL.O said on Tuesday it has partnered with Google GOOGL.O to power the tech giant's new data center in Pine Island, Minnesota, while contributing 1,900 megawatts of new clean energy to the grid.U.S. power consumption is expected to increase rapidly through this ye...
Reuters
2 hours ago
Ukraine further delays resumption of Druzhba oil deliveries, Slovakia says
Feb 24 (Reuters) - Ukraine has told Slovakia's oil pipeline system operator Transpetrol that the resumption of oil deliveries via the Druzhba pipeline has been delayed by another day to February 26, Slovakia's country's economy ministry said on Tuesday.The ministry, which had expected fl...
Reuters
3 hours ago
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