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Copper: Tariffs and deficits keep prices bid – TD Securities
TD Securities analysts see Copper remaining well supported as a key beneficiary of the debasement and diversification trade. They argue that strategic stockpiling by major consumers, tariff concerns and a deep supply deficit will push Copper to new highs over the next six months.Fxstreet
7 minutes ago
Shell reviewing some of its Ventures portfolio with option to sell, sources say
By Stephanie Kelly LONDON, Feb 26 (Reuters) - Shell SHEL.L has put under review with the option to sell investments it holds in some of the companies under its Shell Ventures portfolio, two sources familiar with the matter said.The British oil major will retain a majority of its Ventures investme...Reuters
13 minutes ago
PRECIOUS-Gold steady as markets await US-Iran nuclear talks outcome
US, Iran to hold talks in Geneva later in the dayIran wants nuclear and non nuclear issues separated in talksUS tariff rate for some countries will rise to 15%, says GreerBy Anmol Choubey Feb 26 (Reuters) - Gold prices were little changed on Thursday as investors stayed on the sidelines ahead of ...Reuters
19 minutes ago
Sempra lifts five-year spending plan, beats quarterly profit estimates
By Pooja Menon Feb 26 (Reuters) - Energy infrastructure company Sempra SRE.N raised its five-year capital plan by 16% and beat Wall Street estimates for fourth-quarter adjusted profit on Thursday, helped by the strong performance of its utility in Texas and its efforts to modernize the electrica...Reuters
28 minutes ago
US natgas futures hit five-month low on milder weather forecasts, low storage draw
Milder weather forecasts reduce heating demand expectationsEIA reports lower-than-normal gas storage withdrawalWaha Hub prices remain negative due to pipeline constraintsBy Scott DiSavino NEW YORK, Feb 26 (Reuters) - U.S. natural gas futures slid about 2% to a five-month low on Thursday on a ...Reuters
49 minutes ago
Businessman Gupta refused permission to appeal in Trafigura nickel fraud lawsuit
LONDON, Feb 26 (Reuters) - Indian businessman Prateek Gupta was refused permission by London's High Court on Thursday to appeal against a ruling that he defrauded commodities trader Trafigura over fake nickel cargoes.Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent "Po...Reuters
an hour ago
EXCLUSIVE-US slows sale of Lukoil assets to pressure Russia in Ukraine peace talks
Talks over Lukoil assets enter wider discussion over UkraineTreasury to extend February 28 deadline to April 1 for negotiations with LukoilBy Anna Hirtenstein, Marwa Rashad, Dmitry Zhdannikov and Timothy Gardner WASHINGTON, Feb 26 (Reuters) - The United States has slowed the sale of Russian oil g...Reuters
an hour ago
EXCLUSIVE-US slows Lukoil asset sale due to Ukraine peace talks, sources say
Talks over Lukoil assets enter wider discussion over UkraineTreasury to extend February 28 deadline to April 1 for negotiations with LukoilBy Anna Hirtenstein, Marwa Rashad, Dmitry Zhdannikov and Timothy Gardner WASHINGTON, Feb 26 (Reuters) - The United States has slowed the sale of Russian oil g...Reuters
2 hours ago
EXCLUSIVE-US extends deadline for potential buyers of Lukoil assets to April 1
Talks over Lukoil assets enter wider discussion over UkraineTreasury to extend February 28 deadline to April 1 for negotiations with LukoilBy Anna Hirtenstein, Marwa Rashad, Dmitry Zhdannikov and Timothy Gardner WASHINGTON, Feb 26 (Reuters) - The United States has slowed the sale of Russian oil g...Reuters
2 hours ago
EXCLUSIVE-US extends deadline for potential buyers of Lukoil assets to April 1
WASHINGTON, Feb 26 (Reuters) - The U.S. has extended the deadline for companies to negotiate with Lukoil LKOH.MM over its international assets to April 1, from the end of this month, an Office of Foreign Assets Control document reviewed by Reuters said on Thursday.The Trump administration imposed sa...Reuters
2 hours ago
Cargill's Brazil port terminal to resume operations after indigenous protests
SAO PAULO, Feb 26 (Reuters) - U.S. grain trader Cargill is working to resume operations at its Santarem private port terminal in Brazil's Para state after the end of indigenous protests that forced the company to halt operations on the site, its press office told Reuters on Thursday. Cargill sai...Reuters
2 hours ago
Valero Houston refinery reports emissions after third‑party power outage
Feb 26 (Reuters) - Valero's VLO.N 205,000 barrel-per-day (bpd) Houston refinery reported a third‑party power interruption on Wednesday at about 9:16 a.m. caused a loss of power to the plant, Texas Commission on Environmental Quality filing showed on Thursday.The outage led to emissions from the ...Reuters
2 hours ago
PRECIOUS-Gold steady as markets await US-Iran nuclear talks outcome
US, Iran to hold talks in Geneva later in the dayMediator Oman hopes for progress in Iran-US nuclear talksUS tariff rate for some countries will rise to 15%, says GreerBy Anmol Choubey Feb 26 (Reuters) - Gold prices held steady on Thursday as investors stayed on the sidelines ahead of the third r...Reuters
2 hours ago
US natgas futures hit six-month low on milder weather forecasts
Milder weather forecasts reduce heating demand, impacting natural gas pricesWaha Hub prices in Texas remain negative due to pipeline constraintsUS gas output rises, but demand expected to decrease next weekBy Scott DiSavino NEW YORK, Feb 26 (Reuters) - U.S. natural gas futures slid about 3% to a ...Reuters
2 hours ago
CBOT Trends-Wheat steady, corn up 1-2 cents, soy up 6-7
CHICAGO, Feb 26 (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 Thursday: WHEAT - SteadyCBOT wheat traded on both sides of unchanged, though it came under pressure from abundant globa...Reuters
3 hours ago
Russia says EU plan to permanently ban its oil is mad
MOSCOW, Feb 26 - Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that only a "madman" could propose a permanent ban on oil imports from Russia, as planned by the European Union.The European Commission will submit a legal proposal to permanently ban Russian oil imports o...Reuters
3 hours ago
Oil prices slip about 1.5% on high US crude stocks and US-Iran positivity
US oil stockpiles rise by the most in three yearsUS-Iran nuclear talks seek to avert military conflictSaudi Arabia boosts oil output By Enes Tunagur LONDON, Feb 26 (Reuters) - Oil prices fell on Thursday after the biggest jump in U.S. crude inventories in three years, with signs of weakness in th...Reuters
3 hours ago
