News
Important Only
Ten years after first cargo, US LNG dominance set to keep growing
US celebrates 10 years of LNG exportsU.S. could double current LNG output in five yearsTwo of world's three largest LNG exporters are in the U.S.By Curtis Williams HOUSTON, Feb 24 (Reuters) - In the ten years since the first export cargo of liquefied natural gas (LNG) left Texas, the United S...Reuters
10 minutes ago
Gold pulls back from $5,249 as US Dollar firms on Fed rhetoric
Gold price retreats from three-week high of $5,249 on Tuesday as the Greenback pares some of Monday’s losses on uncertainty about trade policies and hawkish comments by some Federal Reserve (Fed) officials. At the time of writing, XAU/USD trades at $5,160, down 1.24%.
Fxstreet
12 minutes ago
Citi sees copper rising to $14,000 a ton in the next three months
Feb 24 (Reuters) - Citi on Tuesday said it turned bullish on copper in the near term and expects prices to rise to $14,000 a ton over the next three months. Citi noted that near-term downside risks to copper prices appear limited, citing expectations of strong physical and financial dip-buying a...Reuters
25 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
26 minutes ago
Occidental CEO says industry needs $70/barrel oil to grow production
WASHINGTON, Feb 24 (Reuters) - Occidental OXY.N CEO Vicki Hollub said on Tuesday that crude oil prices need to rise to $70 per barrel in order for the oil industry to grow production.U.S. oil production can be maintained at its current level in the $60 to $65 price range, Hollub said, during an Ener...Reuters
45 minutes ago
Oil prices ease as Iran says prepared to take steps to reach deal with US
Iran ready for nuclear talks with US, impacting oil pricesUS-Iran tensions add $3-$4 risk premium to oil pricesUS imposes new tariffs, affecting global oil trade dynamicsBy Scott DiSavino NEW YORK, Feb 24 (Reuters) - Oil prices retreated from near seven-month highs scaled earlier in the session o...Reuters
46 minutes ago
EU wheat eases after nearing 200-euro mark again
PARIS, Feb 24 (Reuters) - Benchmark wheat prices on Euronext ended slightly lower on Tuesday after again approaching the psychological threshold of 200 euros, as the market reacted to an easing in Chicago futures and talk of an import purchase by Algeria.May milling wheat BL2K6, the most active posi...Reuters
57 minutes ago
Bolivia restores US DEA ties after 17 years in push against drug trafficking
Feb 24 (Reuters) - Bolivia has resumed operational cooperation with the U.S. Drug Enforcement Administration after a 17-year absence, in a move that the government says is part of a broader, multinational strategy to combat organized crime.The DEA’s return marks a significant security realignment wi...Reuters
an hour ago
Iran's foreign minister says deal with U.S. within reach 'only if diplomacy is given priority'
CAIRO, Feb 24 (Reuters) - Iran's Foreign Minister Abbas Araqchi said on Tuesday that a deal with the U.S. was "within reach, but only if diplomacy is given priority", days ahead of expected talks between the two sides in Geneva. "Iran will resume talks with the U.S. in Geneva with a ...Reuters
an hour ago
Spirit seals deal with lenders to emerge from bankruptcy as smaller airline
By Sabrina Valle Feb 24 (Reuters) - U.S. low-cost carrier Spirit Airlines said on Tuesday it has reached an agreement with its lenders that will help it emerge from bankruptcy by late spring or early summer.The airline's parent company, Spirit Aviation Holdings FLYYQ.PK, filed for bankrup...Reuters
an hour 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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.
Fxstreet
3 hours 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
3 hours ago
