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Corteva targets fourth quarter for planned split into two companies
By Pooja Menon Feb 25 (Reuters) - U.S. agrichemicals company Corteva CTVA.N said it expects the previously announced planned separation into two listed companies to occur sometime in the fourth quarter of this year.Late last year, the company had said it would separate its seed and pesticide bus...Reuters
9 minutes ago
Brazil 2026/27 arabica crop forecast to produce up to 49 million 60-kg bags of coffee, Hedgepoint says
SAO PAULO, Feb 25 (Reuters) - Brazil's 2026/27 arabica coffee crop is expected to produce between 46.5 million and 49 million 60-kilogram bags, according to a Hedgepoint Global Markets report published on Wednesday, above estimates from the country's Conab crop agency. Earlier this month, Co...Reuters
10 minutes ago
US crude oil imports from Venezuela rose to one-year high last week, EIA says
NEW YORK, Feb 25 (Reuters) - U.S. crude oil imports from Venezuela rose to their highest since January 2025, the U.S. Energy Information Administration's (EIA) said on Wednesday.Imports from Venezuela rose by 290,000 barrels per day (bpd) to 339,000 bpd in the week ended February 20, according t...Reuters
20 minutes ago
US, Canada to meet in coming weeks on trade, Greer says
Canadian trade representative to visit Washington, USTR saysUS open to Canadian ideas on possible deal, Greer saysUSTR says USMCA pact could be amended to fix 'gaps'By Susan Heavey and David Lawder WASHINGTON, Feb 25 (Reuters) - U.S. and Canadian trade officials spoke on Wednesday and pla...Reuters
24 minutes ago
Valero Houston, Texas Refinery Reports Flaring
Feb 25 (Reuters) - VALERO ENERGY CORP.VLO.N:REPORTS ACTIVITIES AT ITS HOUSTON, TEXAS, REFINERY MAY REQUIRE THE USE OF THE SAFETY FLARE SYSTEM TO SAFELY BURN OFF EXCESS MATERIAL AND MINIMIZE POTENTIAL EMISSIONSSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 205,000 BARRELS PER DAYReuters
an hour ago
Repairs to Druzhba pipeline 'not that fast', Zelenskiy says
EU asked Kyiv to speed up Druzhba pipeline repairsOrban says closure political, Zelenskiy says Druzhba was hitUkraine's Naftogaz reports 60 new drone attacksBy Pavel Polityuk and Olena Harmash KYIV, Feb 25 (Reuters) - Repairs to the Druzhba pipeline, which carries Russian oil to Eastern Europ...Reuters
an hour ago
OPEC+ to consider 137,000 bpd oil output increase for April, sources say
Eight OPEC+ members due to meet on March 1OPEC+ has paused increases for first quarter of 2026Brent crude price near highest since JulyBy Olesya Astakhova, Alex Lawler and Dmitry Zhdannikov MOSCOW/LONDON, Feb 25 (Reuters) - OPEC+ is likely to consider raising its oil output by 137,000 barrels per...Reuters
an hour ago
US offers largest ever energy loan with $26.5 billion to Southern Co
WASHINGTON, Feb 25 (Reuters) - The U.S. Energy Department has offered a $26.54 billion loan to subsidiaries of Southern Co SO.N to increase grid reliability, the largest ever such financing by its loan office, the department said on Wednesday. The loans will save power customers in Georgia and Alaba...Reuters
an hour ago
Hungary's MOL and Croatia's JANAF to start long-term capacity tests on the Adria pipeline
BUDAPEST, Feb 25 (Reuters) - Hungarian oil company MOL MOLB.BU agreed with Croatia's pipeline operator JANAF to start long-term capacity tests on the Adria pipeline with international, independent observers, MOL said in a statement on Wednesday.MOL also said that it was awaiting a response from ...Reuters
an hour ago
JP Morgan raises long-term gold price forecast to $4,500
Feb 25 (Reuters) - JP Morgan raised its long-term forecast for gold prices to $4,500 an ounce on Wednesday while keeping its 2026 year-end forecast at $6,300.Spot gold XAU= has risen by about 20% this year, hitting a three-week high of $5,248.89 an ounce on Tuesday. It hit a record peak of $5,594.82...Reuters
2 hours ago
US natgas prices rise on strong LNG export flows, higher demand forecast for next week
Near-record LNG export flows boost US natural gas futuresWaha Hub prices negative for 14th consecutive day due to pipeline constraintsUS gas output rises in February, demand forecast higher than expected next weekBy Scott DiSavino NEW YORK, Feb 25 (Reuters) - U.S. natural gas futures edged up abo...Reuters
2 hours ago
PRECIOUS-Gold climbs as tariff and geopolitical risks spur safe‑haven demand
Iran and US to hold new round of talks on ThursdayGold may soften into spring but tariffs could limit downturn, BofA saysPlatinum hits highest level since January 29By Anmol Choubey Feb 25 (Reuters) - Gold gained on Wednesday as investors moved into safe havens on concerns that tariffs could stok...Reuters
2 hours ago
KGHM Agrees On Wage Conditions With Trade Unions
Feb 25 (Reuters) - KGHM Polska Miedz SA KGH.WA:AGREES ON WAGE CONDITIONS WITH TRADE UNIONSUNDER AGREEMENT, EMPLOYEES WILL RECEIVE A 6.8% INCREASE IN BASE PAY RATES FROM JANUARY 1AROUND 20% OF STAFF TO BE RECLASSIFIED FROM APRIL 2026Source text: https://shorturl.at/t7UebReuters
2 hours ago
Oil hovers near seven-month highs ahead of US-Iran talks
US-Iran talks could prevent conflict and supply disruption Deal with US hinges on diplomacy, Iranian minister saysUS oil stocks rise and gasoline inventories fall, API data showsBy Stephanie Kelly LONDON, Feb 25 (Reuters) - Oil prices held near seven-month highs on Wednesday as investors weighed ...Reuters
2 hours ago
Silver rises sharply on safe-haven demand amid trade, geopolitical risks
Silver (XAG/USD) accelerates on Wednesday and trades around $90.70 at the time of writing, up 3.90% on the day. The white metal benefits from an environment marked by rising trade and geopolitical uncertainties, which revives demand for safe-haven assets.
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2 hours ago
Reuters Gulf Currents-Hormuz tension jolts tanker rates
Andrew Mills, deputy bureau chief, Gulf All eyes in the Gulf now shift to Geneva, where the U.S. and Iran meet again on Thursday. The region is waiting to see whether the talks deliver deescalation or open the door to a U.S. strike on Iran. As anxiety builds, this week’s newsletter tracks spir...Reuters
2 hours ago
Spain's Naturgy sold renewable portfolio in US, annual report shows
MADRID, Feb 25 (Reuters) - Spanish power utility Naturgy NTGY.MC has sold a portfolio of early-stage solar and battery storage development projects in the United States, according to its annual report.The document does not disclose the buyer nor the value of the sale, and a spokesperson declined to ...Reuters
2 hours ago
CBOT Trends-Wheat down 3-5 cents, corn steady-down 1, soybeans steady-up 2
CHICAGO, Feb 25 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Wednesday: WHEAT - Down 3 to 5 cents per bushelCBOT wheat fell as forecasts showed more favorable weather conditions in...Reuters
2 hours ago
EXCLUSIVE-Saudi Arabia boosts oil output, exports for US attack on Iran contingency, sources say
Last year Saudi oil exports rose 500,000 bpd amid US strikesKingdom will dial back on the plan if no disruption happensUS assembles large military force in the Middle East By Dmitry Zhdannikov LONDON, Feb 25 (Reuters) - Saudi Arabia is increasing its oil production and exports as part of a contin...Reuters
2 hours ago
