News
Important Only
Renewable energy company EDPR's 2025 recurring profit jumps 50% on US growth
LISBON, Feb 25 (Reuters) - EDP Renovaveis EDPR.LS, the world's fourth-largest wind energy producer, said on Wednesday recurring net profit rose 50% in 2025, driven by strong U.S. capacity expansion despite lower capital gains, while projecting a further increase in EBITDA this year.The renewab...Reuters
13 minutes ago
Oil hovers near seven-month highs ahead of US-Iran talks
US-Iran talks may prevent conflict that could disrupt supply Deal with US hinges on diplomacy, Iranian minister saysUS oil stockpiles rise, gasoline inventories fall, API data showsBy Katya Golubkova and Jeslyn Lerh SINGAPORE, Feb 25 (Reuters) - Oil prices were hovering near seven-month highs on ...Reuters
14 minutes ago
UK's Ofgem Says Energy Prices Will Go Down By 7% From 1 April to 30 June
Feb 25 (Reuters) - UK's Ofgem:UK'S OFGEM : FROM 1 APR TO 30 JUN ENERGY PRICES WILL GO DOWN BY £117 OR 7% FOR A TYPICAL HOUSEHOLD WHO USE ELECTRICITY AND GAS AND PAY BY DIRECT DEBITUK'S OFGEM : COMPARED TO THE LEVEL BETWEEN APRIL AND JUNE 2025, IT IS 11% OR £208 LOWERUK'S OFGEM : ANNU...Reuters
22 minutes ago
TABLE-UAE's Fujairah oil inventory data for week ended February 23
Feb 25 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended February 23, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change f...Reuters
25 minutes ago
Citi Lowers Annual 2026 Henry Hub Price Average To $3.2/Mmbtu From $3.7/Mmbtu
Feb 25 (Reuters) - CITI:SAYS ANNUAL 2026 HENRY HUB PRICE AVERAGE IS REVISED LOWER FROM $3.7/MMBTU TO $3.2/MMBTUSAYS 0-3M HENRY HUB PRICE TARGET REVISED LOWER FROM $3.0/MMBTU TO $2.5/MMBTUSAYS PRICES SHOULD AVERAGE $2.8/MMBTU IN 2Q26, $3/MMBTU IN 3Q26 AND $3.6/MMBTU IN 4Q26SAYS NET INJECTION SHOULD B...Reuters
38 minutes ago
ROI-US AI boom faces electric shock: Bousso
By Ron Bousso LONDON, Feb 25 (Reuters) - Big Tech’s race to dominate artificial intelligence may soon hit a nasty road bump as U.S. electricity grids struggle to keep pace with the big-spending hyperscalers.America’s technology giants, including Microsoft MSFT.O, Amazon AMZN.O, Alphabet GOOGL.O a...Reuters
41 minutes ago
Iraq's West Qurna 2 could boost output to up to 800,000 bpd under Chevron, minister says
Feb 25 (Reuters) - Iraq's West Qurna 2 oilfield could nearly double its output to 750,000–800,000 barrels per day under Chevron CVX.N, as the U.S. firm enters exclusive talks to take over operations from Russia's Lukoil, Iraq's Oil Minister Hayan Abdel-Ghani told Kurdish TV channel Rudaw...Reuters
50 minutes ago
TABLE-North Sea gas maintenance schedule
Feb 25 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
an hour ago
ROI-Maybe the global economy isn't all about AI: Mike Dolan
By Mike Dolan LONDON, Feb 25 (Reuters) - Whether it leads to doom-laden depression or a productivity nirvana, the artificial intelligence juggernaut now dominates macroeconomic thinking as well as stock market bets. But if you unpick the details of impressive global industrial growth, the rest of...Reuters
an hour ago
TECHNICALS-CBOT corn neutral in $4.38-1/4 to $4.40-3/4 range
SINGAPORE, Feb 25 (Reuters) - CBOT corn CK26 looks neutral in a range of $4.38-1/4 to $4.40-3/4 per bushel, and an escape could suggest a direction.A break below $4.38-1/4 may trigger a fall into $4.34 to $4.36-3/4 range. However, the bias might be toward the upside, as the contract is testing $4.40...Reuters
an hour ago
Renewables firm EDPR's 2025 recurring profit jumps 50% on U.S. growth
LISBON, Feb 25 (Reuters) - EDP Renovaveis EDPR.LS, the world's fourth-largest wind energy producer, said on Wednesday recurring net profit rose 50% in 2025, driven by strong U.S. capacity expansion, even as capital gains fell. The renewables arm of Portugal's EDP EDP.LS said that recurring...Reuters
an hour ago
Iraq's West Qurna 2 could boost output to up to 800,000 bpd under Chevron, minister says
Feb 25 (Reuters) - Iraq's West Qurna 2 oilfield currently produces about 450,000 barrels per day and could raise output to between 750,000 and 800,000 bpd when Chevron takes over operations, Iraq's oil minister told Rudaw on Wednesday.Reuters
an hour ago
Oil: Middle East risks and energy price swings – Rabobank
Rabobank's Senior Global Strategist Michael Every underlines that escalating geopolitical tensions could drive significant volatility in energy markets. He points to rising frictions involving Iran, Israel and the US, and suggests conflict timing remains uncertain.Fxstreet
2 hours ago
ROI-Congo's cobalt curbs expose China's critical metals weak spot: Andy Home
By Andy Home LONDON, Feb 25 (Reuters) - China's dominance of critical mineral supply chains is not as absolute as it may appear. Cobalt is a case in point. China accounted for 78% of global refined output of the battery metal in 2024, according to the International Energy Agency. But it lacks...Reuters
2 hours ago
PRECIOUS-Gold climbs 1% as US tariff uncertainty lifts safe-haven demand
Spot gold rises 1%Silver up 3% to a three-week highPlatinum, palladium also scale three-week highsU.S. starts collecting temporary new 10% global import tariffBy Ishaan Arora Feb 25 (Reuters) - Gold prices climbed 1% on Wednesday, as investors flocked to the safe-haven metal during Asian trading,...Reuters
2 hours 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 portUkraine does not feel abandoned by US, envoy saysUkraine seeks US support for sanctions against Russia, bipartisan backing expectedBy Andrea Shalal WASHINGTON, Feb 24 (Reuters) - The U.S. State Department told the Ukrainian government to ...Reuters
2 hours ago
U.S. trade action deals blow to Indian solar makers
By Sethuraman N R NEW DELHI, Feb 25 (Reuters) - India's plans to strengthen its position in the U.S. solar market face a setback after Washington moved to impose steep countervailing duties on solar cells and panels shipped from some Asian hubs, analysts and industry representatives said.The ...Reuters
2 hours ago
TECHNICALS-CBOT soybeans to rise to $11.78-1/2
For more technical analyses, please click SINGAPORE, Feb 25 (Reuters) - The CBOT soybean May contract SK26 is expected to rise to $11.78-1/2 per bushel, as suggested by an expanding wedge and a projection analysis.The pattern looks bullish, as the market is about to break the upper trendline. For th...Reuters
3 hours ago
