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Oil prices rise as US and Iran extend talks into next week
US-Iran talks end with no deal but signs of progressTechnical discussions scheduled for Vienna next week OPEC+ to consider oil output increase for April, sources sayBy Anna Hirtenstein LONDON, Feb 27 (Reuters) - Oil prices rose by about $1 on Friday as traders remained on alert for potential supp...Reuters
2 minutes ago
BASF is looking into legal claims by U.S. unit for tariff reimbursement
LUDWIGSHAFEN, Germany, Feb 27 (Reuters) - BASF's BASFn.DE CEO said if the chemical group finds its U.S. subsidiary has a legal claim, it will sue for import tariff reimbursement after the U.S. Supreme Court quashed many of President Donald Trump's tariffs. "If this change in regulations ...Reuters
3 minutes ago
ADNOC offers more of its Murban crude to partners ahead of OPEC+ meet, sources and report say
Feb 27 (Reuters) - Abu Dhabi is set to export more of its flagship Murban crude in April, according to two trade sources and a Bloomberg News report on Friday, adding to already-ample supply from producers in the Middle East.State-owned Abu Dhabi National Oil Co. (ADNOC) offered additional volumes t...Reuters
18 minutes ago
China suspends some agricultural tariffs on Canada after Carney visit
BEIJING, Feb 27 (Reuters) - China said on Friday it would suspend some tariffs on Canadian agricultural products imposed during a trade spat between Beijing and Ottawa, after Canadian Prime Minister Mark Carney struck an initial deal with Beijing during a visit in January.China will suspend 100% tar...Reuters
45 minutes ago
Hungary PM Orban says joint Hungarian-Slovak committee to ascertain the state of Druzhba pipeline
BUDAPEST, Feb 27 (Reuters) - Hungary's Prime Minister Viktor Orban said on Friday that he agreed with Slovakia's Prime Minister Robert Fico to set up joint Hungarian-Slovak committee to ascertain the state of Druzhba pipeline.In a video on his Facebook page Orban called on Ukraine's...Reuters
an hour ago
Wartsila CEO eyes boost from Trump datacenter push
US to demand AI firms build their own power supplyWater also an issue; Wartsila well placed, CEO saysTo hire more staff to service datacentre enginesBy Simon Jessop and Anne Kauranen LONDON, Feb 27 (Reuters) - A push for U.S. datacentres to use their own power will boost demand for Wartsila's...Reuters
an hour ago
FACTBOX-What is Israel's multi-layered defence against Iranian missiles?
JERUSALEM, February 27 (Reuters) - Israel has multi-layered air defences against attacks by Iranian ballistic missiles, an umbrella it may need to lean on as the United States and Iran teeter toward potential military conflict that could draw Iranian attacks on Israeli territory. Here are details of...Reuters
an hour ago
UN rights chief warns that more Iranians face execution over protests
By Emma Farge GENEVA, Feb 27 (Reuters) - The U.N. human rights chief Volker Turk on Friday called for an immediate moratorium on the use of the death penalty in Iran, warning that dozens more people risk execution after the first death sentence linked to January mass protests was issued this week...Reuters
an hour ago
Panama officials search CK Hutchison's subsidiary office, source says
Panama raids CK Hutchison unit amid US-China trade tensionsPanama's President Mulino downplays potential Chinese responseMulino says "China needs Panama - a lot" Top court ruled CK Hutchison's port contracts unconstitutionalBy Emily Green PANAMA CITY, Feb 27 (Reuters) - Panamanian...Reuters
an hour ago
PRECIOUS-Gold heads for seventh straight monthly gain on safe-haven demand
Gold set for a monthly gain of over 6%Gold poised to log seventh straight month of gainsU.S.-Iran to resume talks next week in ViennaBy Noel John Feb 27 (Reuters) - Gold prices were largely steady on Friday, on track for their seventh straight month of gains as uncertainty over U.S. tariff polici...Reuters
2 hours ago
UN rights chief warns that more Iranians face execution after protests
GENEVA, Feb 27 (Reuters) - The U.N. human rights chief Volker Turk on Friday called for an immediate moratorium on the use of the death penalty in Iran, warning that dozens more people risk execution after the first death sentence linked to January mass protests was issued this week. "I am horr...Reuters
2 hours ago
China suspends tariffs on Canadian canola meal, peas, lobsters and crabs for 2026
BEIJING, Feb 27 (Reuters) - China suspended 100% tariffs on Canadian canola meal and peas imports, and halted 25% tariffs on lobster and crabs imports, from March 1 through the end of 2026, according to a statement released by the finance ministry on Friday.Reuters
2 hours ago
PRECIOUS-Gold broadly steady as lower Treasury yields balances out moderation in safe-haven bids
Gold set for a monthly gain of over 6%Gold set for seventh straight month of gainsSilver, platinum, palladium also on track for a monthly riseBy Ishaan Arora Feb 27 (Reuters) - Gold was broadly steady on Friday as a drop in U.S. Treasury yields eased the opportunity cost of holding bullion, while...Reuters
3 hours ago
TECHNICALS-CBOT corn set to break resistance at $4.44-3/4 and rise further
SINGAPORE, Feb 27 (Reuters) - CBOT corn CK26 is poised to break a resistance at $4.44-3/4 per bushel and rise into the $4.47-1/4 to 4.51-1/2 range.The contract is 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.The market has ...Reuters
3 hours ago
Russia says local truce established to enable repairs at Zaporizhzhia nuclear plant
MOSCOW, Feb 27 (Reuters) - A local ceasefire took effect near the Zaporizhzhia nuclear power plant in southeastern Ukraine on Friday to enable repairs to an external power line, Russian officials said. The plant, Europe's largest, has been under Russian control since shortly after the...Reuters
3 hours ago
Silver Price Forecast: XAG/USD jumps above $90 as AI valuation risks boost safe-haven demand
Silver price (XAG/USD) is up 2.4% to near $90.60 during the European trading session on Friday. The white metal strengthens as escalating concerns over valuations of Artificial Intelligence (AI) stocks have prompted demand for safe-haven assets.Fxstreet
3 hours ago
TABLE-North Sea gas maintenance schedule
Feb 27 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTAG...Reuters
3 hours ago
