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Aramco cancels Juaymah LPG deliveries through March for repairs, traders say
By Shariq Khan and Dmitry Zhdannikov Feb 26 (Reuters) - Saudi Aramco's 2222.SE Juaymah Liquefied Petroleum Gas (LPG) export terminal is expected to be offline for repairs for at least a month after an outage this week forced the cancellation of cargoes through March, traders said on Thursday....Reuters
24 minutes ago
Vistra beats quarterly core profit estimates on AI-driven power demand
By Katha Kalia Feb 26 (Reuters) - Power producer Vistra Corp VST.N on Thursday beat Wall Street expectations for fourth-quarter adjusted core profit, as an AI-driven surge in electricity demand from data centers fueled earnings.U.S. power consumption is set to rise sharply this year and the next...Reuters
37 minutes ago
EU wheat edges up as importer demand supports
PARIS, Feb 26 (Reuters) - Euronext wheat ticked up on Thursday with support from import demand and an easing euro, traders said.Investor doubts over whether the latest U.S.-Iran negotiations will avert a military conflict also helped to underpin crude oil and other commodity markets. O/RMay milling ...Reuters
38 minutes ago
US Cash Grains-Soybean, corn basis steady-higher
CHICAGO, Feb 26 (Reuters) - Basis bids for soybeans were steady to higher at elevators, river terminals and processors in a spot check of locations in the U.S. Midwest on Thursday as futures ticked lower. Brisk demand for U.S. corn and soy has added a floor to prices.The U.S. Department of Agric...Reuters
47 minutes ago
EXPLAINER-Does Trump's new 'surcharge' make EU worse off than under trade deal?
By Philip Blenkinsop BRUSSELS, Feb 26 (Reuters) - The EU has demanded that the United States stick to the terms of a trade deal they agreed last year after the U.S. Supreme Court struck down President Donald Trump's global tariffs and he responded with a new, across-the-board "import surc...Reuters
an hour ago
Oil prices rise $1 in volatile session as US-Iran hold nuclear talks
US, Iran hold third round of nuclear talks in GenevaTalks in Geneva set to resume later on ThursdayBy Georgina McCartney HOUSTON, Feb 26 (Reuters) - Oil prices rose more than $1 on Thursday as investors awaited the outcome of a third round of talks between the United States and Iran over the latt...Reuters
an hour ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 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
3 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
3 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
4 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
4 hours ago
