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Newmont to invest $800 million in Argentina's Cerro Negro
Feb 24 (Reuters) - Gold producer Newmont will invest approximately $800 million in Argentina's Cerro Negro mine, the country's Economy Minister, Luis Caputo, said on Tuesday. The investment will be used to restart and expand the Cerro Negro Expansion 1 (CNE1) project, which aims to extend th...Reuters
10 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 and Siddharth Cavale NEW YORK, Feb 24 (Reuters) - Oil prices closed down 1% on Tuesday after Iran said it...Reuters
14 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
15 minutes ago
CBOT wheat finishes nearly unchanged, traders watch crop weather
CHICAGO, Feb 24 (Reuters) - Chicago Board of Trade wheat futures finished nearly unchanged on Tuesday as traders monitored weather in global growing areas.Rain showers next week could ease dryness in the southern U.S. Plains as crop growth accelerates, Commodity Weather Group said.High temperatures ...Reuters
28 minutes ago
US Cash Grains-Corn basis bids flat to up at elevators
CHICAGO, Feb 24 (Reuters) - Basis bids for corn were steady to higher at elevators and steady to mixed at processors in a spot check of locations in the U.S. Midwest on Tuesday as futures ticked up slightly. Corn basis bids rose at an elevator in Cincinnati, Ohio, and another in Blair, Nebraska. The...Reuters
31 minutes ago
CBOT corn ends nearly flat, a day after setting six-week high
CHICAGO, Feb 24 (Reuters) - Chicago Board of Trade corn futures ended nearly flat on Tuesday as the market consolidated after rising to a six-week high on Monday.CBOT March corn CH26 closed 1/4 cent higher at $4.27-3/4 per bushel. May corn CK26 ended down 1-3/4 cents at $4.38-1/2 per bushel after hi...Reuters
56 minutes ago
CBOT soy ends stronger as China monitors US tariff policy
CHICAGO, Feb 24 (Reuters) - Chicago Board of Trade soybean futures ended higher on Tuesday as concerns temporarily eased about the risk for U.S. tariff upheaval to harm potential crop sales to top importer China, analysts said. China is closely monitoring U.S. policies and will decide "in due co...Reuters
an hour ago
ICE Expands FCOJ Futures Daily Price Limit To 20 Cents Per Pound
Feb 24 (Reuters) - ICE FUTURES U.S.: EFFECTIVE WITH THE START OF TRADING FOR TRADE DATE FEBRUARY 25, 2026, THE DAILY PRICE LIMIT FOR ALL FCOJ FUTURES CONTRACT DELIVERY MONTHS SUBJECT TO A LIMIT WILL EXPAND TO 20 CENTS PER POUND ABOVE AND BELOW THE PRIOR DAY SETTLEMENT PRICE FOR THE RESPECTIVE DELIVE...Reuters
an hour ago
Chevron sells Venezuelan oil to India's Reliance for the first time since 2023, ship data and sources say
HOUSTON, Feb 24 (Reuters) - U.S. oil major Chevron CVX.N has sold its first cargo of Venezuelan crude oil to India's Reliance Industries RELI.NS since December 2023, according to ship tracking data and two sources. Chevron CVX.N negotiated the Boscan crude cargo to Reliance this month, marking ...Reuters
an hour ago
CORRECTED-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 left Louisiana, the United Sta...Reuters
an hour ago
EXCLUSIVE-Carney knew of South Bow's Keystone XL plans before White House meeting, source says
Carney was aware of South Bow's Keystone XL revival plans when he discussed pipeline with TrumpSouth Bow considers reviving parts of Keystone XL pipeline in expansion projectCarney asked Trump in October if he would be interested in reviving Keystone with Canadian supportBy Amanda Stephenson ...Reuters
an hour ago
US warned Ukraine not to hit US interests in strikes on Russia energy infrastructure, envoy says
State Department demarche came after strike on Russian portEnvoy expects Trump to discuss Ukraine war in State of the Union addressUkraine does not feel abandoned by US, envoy saysBy Andrea Shalal WASHINGTON, Feb 24 (Reuters) - The Ukrainian government received a formal, official message from the...Reuters
an hour 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
2 hours 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
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
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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 hours ago
