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Saudi Aramco sells first Jafurah condensate cargoes to US firms, sources say
By Florence Tan and Siyi Liu SINGAPORE, Feb 23 (Reuters) - State energy major Saudi Aramco 2222.SE has sold several cargoes of ultra light crude oil from its $100 billion Jafurah gas plant to U.S. majors as it prepares to export its first cargo later this month, four trade sources said.The Jafura...Reuters
11 minutes ago
TECHNICALS-CBOT corn to rise into $4.44-3/4 to $4.47-1/4 range
SINGAPORE, Feb 26 (Reuters) - CBOT corn CK26 is expected to break a resistance at $4.42-3/4 per bushel and rise into $4.44-3/4 to $4.47-1/4 range.The contract is presumed to be riding on a wave C from $4.34, which may either end around its 61.8% projection level of $4.44-3/4 or extend to $4.51-1/2.G...Reuters
12 minutes ago
Schneider beats profit expectations as data center demand offsets weak dollar
Feb 26 (Reuters) - French industrial group Schneider Electric SCHN.PA on Thursday reported stronger-than-expected core earnings, driven by robust data centre demand, supporting its 2026 outlook despite pressure from a weakening dollar.The group saw triple-digit year-on-year growth in demand in the p...Reuters
32 minutes ago
Russia says boat incident near Cuba is an 'aggressive provocation' by United States, TASS reports
MOSCOW, Feb 26 (Reuters) - Russia's foreign ministry spokeswoman said on Thursday that an incident with a boat off the coast of Cuba was an ‘aggressive provocation by the United States’ aimed at escalating the situation and triggering a conflict, TASS news agency reported.Reuters
47 minutes ago
PRECIOUS-Gold gains on softer dollar; Iran-US talks in focus
Silver, platinum, palladium hit three-week highs on WedUS, Iran to holds talks in Geneva later in the dayUS weekly jobless claims data due later todayBy Ishaan Arora Feb 26 (Reuters) - Gold prices edged higher on Thursday, boosted by a softer dollar and safe-haven demand amid uncertainty over U.S...Reuters
an hour ago
Oil edges up as US-Iran tensions keep supply risks in focus
US-Iran nuclear talks aim to avert military conflictSaudi Arabia boosts oil production amid potential US-Iran conflictUS oil stockpiles rise by 16 million barrels, capping price gainsBy Yuka Obayashi and Emily Chow TOKYO, Feb 26 (Reuters) - Oil prices inched up on Thursday as investors gauged whe...Reuters
2 hours ago
TECHNICALS-CBOT soybeans to rise to $11.79-3/4
For more technical analyses, please click SINGAPORE, Feb 26 (Reuters) - The CBOT soybean May contract SK26 may rise to $11.79-3/4 per bushel, as suggested by an expanding wedge and a projection analysis.The wedge has been more or less confirmed as a bullish continuation pattern, suggesting a target ...Reuters
2 hours ago
EXCLUSIVE-Rare earth shortages worsen in US aerospace, chips despite trade truce, sources say
Aerospace coatings firms ration yttrium due to Chinese export controlsSemiconductor firms run low on scandium; 5G chips at riskTwo aerospace suppliers temporarily pause production US President Trump set to visit Beijing in MarchBy Allison Lampert, Laurie Chen, Lewis Jackson and Michael Martina MO...Reuters
3 hours ago
GRAINS-Soybeans hit three-month high on strong demand, wheat under pressure
Chicago soybeans extend gains as Chinese buying hopes aid rallyExpectations of higher U.S. soyoil use for biodiesel supportBy Naveen Thukral SINGAPORE, Feb 26 (Reuters) - Chicago soybeans rose on Thursday to their highest in more than three months, as brisk U.S. domestic demand and expectations o...Reuters
3 hours ago
Fears Of Supply Disruptions Could Push Brent Crude Up By $5–10/Bbl, ANZ Says
Feb 26 (Reuters) - ANZ: SAYS FEARS OF SUPPLY DISRUPTIONS COULD PUSH BRENT CRUDE OIL UP BY $5–10/BBL IF U.S.-IRAN TALKS FAILSAYS ANY U.S. ATTACKS THAT TARGET OIL EXPORT FACILITIES PUTS OVER 1.5MB/D OF IRAN'S OIL EXPORTS AT RISKSAYS IF NEGOTIATIONS FAIL, AND U.S. CONDUCTS MILITARY ACTION, OIL PRI...Reuters
3 hours ago
PRECIOUS-Gold gains on softer dollar; Iran-US talks in focus
Silver, platinum, palladium hit three-week highs on WedUS, Iran to holds talks in Geneva later in the dayUS weekly jobless claims data due later todayBy Ishaan Arora Feb 26 (Reuters) - Gold prices edged higher on Thursday, buoyed by a softer dollar and safe-haven demand fuelled by uncertainty sur...Reuters
4 hours ago
US to allow resale of Venezuelan oil to Cuba's private sector, Treasury says
Venezuela, Mexico have not recently sent oil to CubaTrading houses export, store millions of barrels of Venezuelan oilTransactions involving Cuban military, government institutions not coveredRubio says Cuba's government to be blamed for humanitarian crisisBy Marianna Parraga and Simon Lewis ...Reuters
4 hours ago
TECHNICALS-US oil may retest support at $65.23
For more technical analyses, click SINGAPORE, Feb 26 (Reuters) - U.S. oil CLc1 may retest support at $65.23 per barrel, a break below which may trigger a fall into the $64.29-$64.65 range.The contract failed a few times to break resistance at $67.14. The failures led to the formation of a small trip...Reuters
4 hours ago
Aramco halts Juaymah LPG exports after propane, butane delivery system damage
By Trixie Yap, Shariq Khan and Maha El DahanNEW YORK, Feb 25 (Reuters) - Saudi Aramco 2222.SE halted Liquefied Petroleum Gas (LPG) exports from its Juaymah terminal in eastern Saudi Arabia this week after a part of the delivery system carrying propane and butane was structurally damaged, the company...Reuters
5 hours ago
GRAINS-Soybeans rise to three-month high on strong demand, wheat under pressure
SINGAPORE, Feb 26 (Reuters) - Chicago soybean futures rose on Thursday to their highest in more than three months, as brisk U.S. domestic demand and expectations of renewed Chinese purchases underpinned the market.Wheat was little changed after closing lower on Wednesday, pressured by abundant globa...Reuters
5 hours ago
Citgo Corpus Christi, Tx, Refinery East Plant Reports Planned Startup Following Maintenance Activity
Feb 26 (Reuters) - CITGO [RIC:RIC:PDVSA.UL]:REPORTS PLANNED STARTUP OF CITGO EAST FCCU FOLLOWING MAINTENANCE ACTIVITY AT CITGO CORPUS CHRISTI, TEXAS, REFINERY EAST PLANT REPORTS EXCESS OPACITY OCCURRED DURING STARTUP AT CITGO CORPUS CHRISTI, TEXAS, REFINERY EAST PLANTREPORTS IT FOLLOWED FCCU STARTUP...Reuters
5 hours ago
Oil climbs as US-Iran tensions keep supply risks in focus
U.S.-Iran nuclear talks aim to avert military conflictSaudi Arabia boosts oil production amid potential U.S.-Iran conflictU.S. crude inventories rise by 16 million barrels, capping oil price gainsBy Yuka Obayashi TOKYO, Feb 26 (Reuters) - Oil prices climbed on Thursday, hovering near seven-month ...Reuters
5 hours ago
