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Oil prices little changed in choppy trade as traders follow US, Iran talks
US-Iran talks impact oil prices, Omani minister reports progressUS, Iran hold third round of nuclear talks in GenevaSaudi Arabia plans to boost oil production amid potential US-Iran conflictBy Georgina McCartney HOUSTON, Feb 26 (Reuters) - Oil prices were little changed in choppy trade on Thu...Reuters
15 minutes ago
Glenfarne, TotalEnergies Sign Alaska LNG Offtake Agreement
Feb 27 (Reuters) - Glenfarne:GLENFARNE, TOTALENERGIES SIGN ALASKA LNG OFFTAKE AGREEMENTGLENFARNE: AGREEMENT FOR OFFTAKE OF TWO MILLION TONNES PER ANNUM OF LIQUEFIED NATURAL GAS FROM ALASKA LNGGLENFARNE: INTENDS TO CONTRACT 80%, OR 16 MTPA, OF ALASKA LNG'S 20 MTPA VOLUME TO FINANCE PROJECTReuters
33 minutes ago
CSX Corp Announces $0.14 Per Share Quarterly Dividend
Feb 26 (Reuters) - CSX Corp CSX.O:CSX CORPORATION ANNOUNCES INCREASE TO QUARTERLY DIVIDENDCSX CORP - ANNOUNCES $0.14 PER SHARE QUARTERLY DIVIDENDCSX CORP: NEW QUARTERLY DIVIDEND REFLECTS AN EIGHT PERCENT INCREASE OVER PREVIOUS DIVIDEND PAYMENT OF $0.13 PER SHAREReuters
33 minutes ago
Codelco, Rio Tinto sign early agreement to weigh investments
SANTIAGO, Feb 26 (Reuters) - Chile's Codelco, the world's largest copper producer, and miner Rio Tinto RIO.AX signed a memorandum of understanding on Thursday to explore development and investment opportunities.• The companies agreed to form a joint steering committee of senior executives to...Reuters
43 minutes ago
Motiva Enterprises buys cargo of Venezuelan Boscan heavy crude for March delivery, sources say
NEW YORK, Feb 26 (Reuters) - Motiva Enterprises has bought a cargo of Venezuelan Boscan crude for delivery in March, sources said on Thursday.The purchase of Venezuelan Boscan is the first by Motiva, said two of the sources.The cargo was purchased from Chevron CVX.N, one of the sources said.Motiva d...Reuters
46 minutes ago
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 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.The le...Reuters
53 minutes ago
Sempra lifts five-year spending plan, beats quarterly profit estimates
Shares up 1.7%Co beats Q4 estimatesProjects $65 billion capex for 2026-2030 periodBy 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 strong ...Reuters
an hour 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
an hour ago
US Plains HRW Wheat-Basis bids flat as rains aid winter wheat
CHICAGO, Feb 26 (Reuters) - Basis bids for hard red winter wheat were unchanged in the U.S. Plains states on Thursday as farmers and traders eyed rain prospects next week that would relieve dryness in the winter wheat belt.Warmer weather is expected to aid growth.The winter wheat crop is expected to...Reuters
an hour ago
GRAINS-Soybeans ease on profit taking after hitting 20-month peak on demand hopes
Biofuel demand supports soybean, soyoil futuresCorn futures decline due to profit-taking and low export salesWheat futures rise after three sessions of lossesBy Karl Plume CHICAGO, Feb 26 (Reuters) - U.S. soybean futures rallied on Thursday to their highest since mid-2024 on hopes for more U.S. b...Reuters
an hour ago
Gold holds above $5,170 as Iran tensions offset a firm USD
Gold price stays firm on Thursday during the North American session as geopolitical tensions remain elevated despite the beginning of the third round of talks between the US and Iran in Geneva. Also, solid data from the US kept bullion prices contained.
Fxstreet
an hour ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 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
3 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
3 hours ago
