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Oil prices rise 3% 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 Brent and WTI benchmarks trade at multi-month highs By Anna Hirtenstein LONDON, Feb 27 (Reuters) - Oil prices rose about 3% on Friday as traders remained on alert for potential supply disrupti...
Reuters
15 minutes ago
Brazil prosecutors sue meatpacker MBRF over dozens of employees' miscarriages
By Ana ManoSAO PAULO, Feb 27 (Reuters) - Brazilian labor prosecutors accuse meatpacker MBRF MBRF3.SA of failing to protect pregnant employees in a lawsuit citing dozens of miscarriages allegedly linked to risk factors such as excessive noise on its production lines, court documents show. Investigato...
Reuters
15 minutes ago
Trucks of soybeans back up at Brazil river port, slowing export of record harvest
Truckers brave long lines to offload cargos at MirititubaWorld #1 soybean producer relying more on northern exportsIndigenous protests set back investment in river shippingBy Adriano Machado, Ana Mano and Roberto Samora MIRITITUBA, Brazil, Feb 27 (Reuters) - Truck drivers in Brazil are facing unu...
Reuters
16 minutes ago
PRECIOUS-Gold heads for seventh straight monthly gain on safe-haven demand
Gold set for a monthly gain of more than 6%US-Iran tensions and tariffs are supporting prices, says analystSilver also set for monthly gainBy Noel John Feb 27 (Reuters) - Gold prices rose on Friday as uncertainty over U.S. tariff policies and U.S.-Iran tensions underpinned the metal's safe-ha...
Reuters
21 minutes ago
GRAINS-Wheat at new multi-month highs on Iran uncertainty
Risk of Iran conflict spurs short-coveringSoybeans still supported by demand expectations PARIS/JAKARTA, Feb 27 (Reuters) - U.S. and European wheat futures rose to fresh multi-month highs on Friday as investor concerns about the risk of a U.S.-Iran military conflict supported short-covering befor...
Reuters
28 minutes ago
CME approves first aluminium warehousing in Taiwan
Feb 27 (Reuters) - U.S. commodities exchange operator CME Group CME.O has approved its first aluminium storage facilities in Taiwan after receiving several applications for new warehousing in Asia, the biggest regional market for the metal. In two separate notices late on Thursday, CME said it had a...
Reuters
35 minutes ago
Global Partners Q4 sales miss estimates as wholesale business drags
OverviewEnergy terminal operator's Q4 sales missed analyst expectationsNet income for Q4 rose slightly compared to last yearGasoline Distribution segment offset weaker Wholesale performanceOutlookCompany enters 2026 focused on disciplined execution and portfolio investmentResult DriversGASOLINE ...
Reuters
43 minutes ago
Omani foreign minister to meet Vance in Washington, source familiar says
WASHINGTON, Feb 27 (Reuters) - Omani Foreign Minister Sayyid Badr Albusaidi will meet with Vice President JD Vance in Washington on Friday, a source familiar said, after talks to avert potential U.S. strikes on Iran amid a massive military buildup.
Reuters
44 minutes ago
German ministry plans to end subsidies for small solar power systems
BERLIN, Feb 27 (Reuters) - Germany's economy ministry plans to end subsidies for smaller solar power systems such as rooftop panels, according to a draft law seen by Reuters, pointing to lower prices for new solar cells and the government's drive to rein in energy costs."Subsidies for sy...
Reuters
an hour ago
PRECIOUS-Gold heads for seventh straight monthly gain on safe-haven demand
Gold set for a monthly gain of more than 6%US-Iran tensions and tariffs are supporting prices, says analystSilver also set for monthly gainBy Noel John Feb 27 (Reuters) - Gold prices were steady on Friday, on track for a seventh straight monthly gain as uncertainty over U.S. tariff policies and U...
Reuters
2 hours ago
Hungary and Slovakia want joint team to inspect Druzhba pipeline damage in Ukraine
Druzhba pipeline has been out of action since January 27Hungary, Slovakia accuse Ukraine of delaying repairsKyiv says it is working as fast as it can BUDAPEST, Feb 27 (Reuters) - Hungary and Slovakia agreed on Friday to set up a joint committee to investigate damage to the Druzhba pipeline in Uk...
Reuters
2 hours ago
ADNOC offers more of its Murban crude to partners ahead of OPEC+ meeting, sources say
Feb 27 (Reuters) - Abu Dhabi is set to export more of its flagship Murban crude in April, two trade sources said on Friday, adding to already ample supply from producers in the Middle East.State-owned Abu Dhabi National Oil Co (ADNOC) offered additional volumes to partners in the country's onsho...
Reuters
2 hours ago
US grants permit for project to bring power to Puerto Rico from Dominican Republic, developer says
By Laila KearneyFeb 27 (Reuters) - The U.S. Department of Energy has granted a permit for a $2.5 billion power project to send electricity to Puerto Rico from the Dominican Republic, the company leading the development told Reuters on Friday, adding that this will be the Caribbean's first cross-...
Reuters
3 hours ago
Acerinox CEO says trade uncertainty will fade, sees tariff benefits
By Javi West Larrañaga Feb 27 (Reuters) - Spanish steelmaker Acerinox ACX.MC expects trade uncertainty to fade and the advantages of U.S. tariffs on steel to continue to bear fruit for its business, its CEO Bernardo Velázquez told Reuters on Friday.The stainless steel and high-performance alloy p...
Reuters
3 hours ago
Panoro Energy seeks new Equatorial assets after buying Kosmos stake
Panoro to bid in Equatorial Guinea's new auction roundLargest Block G shareholder after buying Kosmos stakeAiming to triple total oil production by 2030 By Wendell Roelf CAPE TOWN, Feb 27 (Reuters) - Africa-focused Panoro Energy PENR.OL will take part in Equatorial Guinea's oil and gas a...
Reuters
3 hours ago
EU Commission probes Romania's revised plan for CE Oltenia restructuring
BRUSSELS, Feb 27 (Reuters) - The European Commission said on Friday it had opened an in-depth investigation into Romania's amended restructuring plan for state-owned lignite power holding company CE Oltenia.The Commission will assess whether the revised restructuring plan complies with EU State ...
Reuters
3 hours 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 hours 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
4 hours ago
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data. Silver trades at $89.64 per troy ounce, up 0.90% from the $88.84 it cost on Thursday.
Silver
Fxstreet
4 hours 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
4 hours ago
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