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US crude, distillate inventories rise, gasoline stocks fall, EIA
HOUSTON, Feb 25 - U.S. crude and distillate inventories rose while gasoline stocks fell last week, the Energy Information Administration said on Wednesday.Crude inventories rose by 16 million barrels to 435.8 million barrels in the week ended February 20, the EIA said, compared with analysts' ex...Reuters
Wed, Feb 25
Eurozone: Household lending faces modest tightening – BNP Paribas
BNP Paribas, citing the ECB Bank Lending Survey, notes that Eurozone banks plan a somewhat stronger tightening of credit standards for households than for corporations in 2026, mainly due to higher regulatory capital and liquidity requirements under CRR3 and the output floor.Fxstreet
Wed, Feb 25
EXCLUSIVE-Kazakhstan's Tengiz oil output recovery slowed by CPC loading disruption, sources say
Tengiz output 790,000 bpd on Feb. 24, below 950,000 bpd targetOil field output resuming more slowly than planned, sources sayRecovery slowed by bad weather, drone alerts at CPC terminalTengiz operator says increasing production as conditions allow MOSCOW, Feb 25 (Reuters) - Kazakhstan's vast ...Reuters
Wed, Feb 25
IMF says Syria ended 2025 with a small budget surplus
Feb 25 (Reuters) - The International Monetary Fund said on Wednesday that the Syrian government ended 2025 with a small budget surplus and that its revenue projections were ambitious but feasible, as the agency's staff concluded a visit to Damascus."Syria’s economy continues to show signs of...Reuters
Wed, Feb 25
Mexico posts Q4 current account surplus of $7.7 bln
MEXICO CITY, Feb 25 (Reuters) - Mexico's economy registered a current account surplus of $7.7 billion during the fourth quarter, equivalent to 1.55% of gross domestic product, according to data published by the central bank on Wednesday.Reuters
Wed, Feb 25
US: Confidence improves as Fed stays cautious – DBS
DBS Group Research highlights that Boston Fed President Susan Collins signalled US interest rates are likely to stay on hold, describing policy as mildly restrictive with inflation still above 2%. Futures have pushed the expected first rate cut to September.Fxstreet
Wed, Feb 25
EXCLUSIVE-Kazakhstan's Tengiz oil output recovery slowed by CPC loading disruption, sources say
Tengiz output 790,000 bpd on Feb. 24, below 950,000 bpd targetOil field output resuming more slowly than planned, sources sayRecovery slowed by bad weather, drone alerts at CPC terminalTengiz operator says increasing production as conditions allow MOSCOW, Feb 25 (Reuters) - Kazakhstan's vast ...Reuters
Wed, Feb 25
Merz says fast-growing trade deficit with China is 'not healthy'
BERLIN, Feb 25 (Reuters) - German Chancellor Friedrich Merz welcomed the chance to expand economic cooperation with China on Wednesday but said Germany's widening trade deficit over the past five years was "not healthy" and needed to be addressed."We are therefore addressing it and w...Reuters
Wed, Feb 25
National Bank of Canada's profit gets a lift from Canadian Western deal
Feb 25 (Reuters) - National Bank of Canada NA.TO reported higher first-quarter profit on Wednesday, as the acquisition of Canadian Western Bank boosted its personal and commercial banking business.The lender said net income in the personal and commercial banking unit jumped 47% to C$427 million from...Reuters
Wed, Feb 25
Brazilian loan defaults hit highest since 2017
BRASILIA, Feb 25 (Reuters) - Brazil's default rates for consumers and businesses on non-earmarked loans rose to 5.5% in January, the highest level since August 2017, central bank data showed on Wednesday.Over 12 months, the indicator increased by 1.1 percentage points, according to official data...Reuters
Wed, Feb 25
EXCLUSIVE-Kazakhstan's Tengiz oil output recovery slowed by CPC loading disruption, sources say
MOSCOW, Feb 25 (Reuters) - Kazakhstan's vast Tengiz oil field is restoring production more slowly than planned due to loading disruption at the Caspian Pipeline Consortium (CPC) marine terminal near Novorossiysk, Russia, caused by bad weather and drone alerts, two industry sources told Reuters.K...Reuters
Wed, Feb 25
Brazil's central government posts lower-than-expected primary budget surplus in January
BRASILIA, Feb 25 (Reuters) - Brazil's central government started the year with a smaller-than-expected primary surplus as spending outpaced revenue growth, Treasury data showed on Wednesday. The government posted a primary surplus of 86.9 billion reais ($16.87 billion) in January, below...Reuters
Wed, Feb 25
Brazil's central government posts lower-than-expected primary budget surplus in January
BRASILIA, Feb 25 (Reuters) - Brazil's central government posted a primary budget surplus of 86.9 billion reais ($16.87 billion) in January, Treasury data showed on Wednesday, below the 88.8 billion reais forecast by economists in a Reuters poll. ($1 = 5.1522 reais)Reuters
Wed, Feb 25
Tri Pointe Homes Q4 revenue falls 23% on decline in home sales
OverviewU.S. homebuilder's Q4 home sales revenue fell 23% yr/yrAdjusted EPS for Q4 beat analyst expectationsCompany to be acquired by Sumitomo Forestry, pending approvalsOutlookCompany did not provide specific guidance for future quarters or yearsResult DriversDECLINE IN HOME SALES - Home sales ...Reuters
Wed, Feb 25
