News
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LNG Canada ramps up output as Iran war threatens global gas supplies
LNG Canada boosts March exports to Asia as Iran war tightens global supplyPlant appears to be operating near full capacityMarch shipments already exceed half of February's total exportsBy Curtis Williams and Amanda Stephenson HOUSTON, March 10 (Reuters) - LNG Canada, a Shell-led SHEL.L ventur...Reuters
Tue, Mar 10
Bayer takes its multi-front battle on pesticide liability to Kansas
Kansas bill aims to shield pesticide makers from some cancer lawsuitsAgriculture company Bayer faces losses from litigationTrump's executive order on glyphosate pesticides sparks backlash from MAHA coalitionBy Renee Hickman CHICAGO, March 10 (Reuters) - Kansas lawmakers were set to take up a ...Reuters
Tue, Mar 10
US Navy tells shipping industry Hormuz escorts not possible for now
By Jonathan Saul LONDON, March 10 (Reuters) - The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar with the matte...Reuters
Tue, Mar 10
Oil dives, settles down 11% after Trump predicts Middle East de-escalation
Oil prices drop after Trump's Middle East de-escalation predictionOil supply recovery may be slow despite potential conflict resolutionUS and Israel intensify airstrikes on Iran amid ongoing conflictUS energy secretary says Navy escorted oil through Strait of HormuzBy Laila Kearney, Scott DiSavi...Reuters
Tue, Mar 10
GRAINS-Corn, wheat drop as crude oil prices dive; soybeans end higher
Corn and wheat futures fall on profit-takingSoybeans firm amid US-China trade talk hopesUSDA report has minimal market impactFocus shifts to supply-demand fundamentalsBy Karl Plume CHICAGO, March 10 (Reuters) - U.S. corn and wheat futures fell for a second straight session on Tuesday as tumbling ...Reuters
Tue, Mar 10
CBOT soybeans end firm on spreads, export demand hopes
CHICAGO, March 10 (Reuters) - Chicago Board of Trade soybean futures settled higher on Tuesday, supported by intermarket spread trading and as investors hoped for a breakthrough in upcoming trade talks between the United States and top importer China.Soybeans held gains despite tumbling crude oil pr...Reuters
Tue, Mar 10
Delays with SpaceX's Starship risk NASA moon landing timeline, watchdog says
NASA watchdog expects more delays in SpaceX's Starship developmentStarship in-space refueling a major challenge before moon landingNASA still studying plans to speed up moon lander developmentBy Joey Roulette WASHINGTON, March 10 (Reuters) - SpaceX's Starship has accumulated at least two ...Reuters
Tue, Mar 10
US natgas futures slip 3% on milder weather forecast, drop in global energy prices
Milder weather reduces U.S. heating demand, affecting gas pricesQatar LNG shutdown impacts global supply, but U.S. exports remain steadyTexas Waha Hub prices hit record lows due to pipeline constraintsBy Scott DiSavino NEW YORK, March 10 (Reuters) - U.S. natural gas futures slid about 3% on T...Reuters
Tue, Mar 10
LNG Canada ramps up output as Iran war threatens global gas supplies
LNG Canada boosts March exports to Asia as Iran war tightens global supplyPlant appears to be operating near full capacityMarch shipments already exceed half of February’s total exportsBy Curtis Williams and Amanda Stephenson HOUSTON, March 10 (Reuters) - LNG Canada, a Shell-led SHEL.L venture, h...Reuters
Tue, Mar 10
CBOT wheat ends sharply lower on profit-taking, plunging crude oil
CHICAGO, March 10 (Reuters) - Chicago Board of Trade wheat futures fell sharply on Tuesday in a profit-taking and technical-selling retreat after prices rose a day earlier to the highest in nearly two years, and as crude oil prices tumbled.Wheat prices also remain anchored by ample global supplies a...Reuters
Tue, Mar 10
CBOT corn dips on profit-taking as crude oil prices plunge
CHICAGO, March 10 (Reuters) - Chicago Board of Trade corn futures eased on Tuesday as spillover pressure from tumbling crude oil prices overshadowed the U.S. Agriculture Department's monthly update of crop supplies and demand.Fund selling weighed on the market as investors banked profits from th...Reuters
Tue, Mar 10
Gold rebounds above $5,180 as Oil plunge pressures US Dollar
Gold price (XAU/USD) rallies on Tuesday as the US Dollar (USD) retreats after Oil prices edge lower, reflecting the Greenback's close correlation with crude. At the time of writing, XAU/USD trades at $5,187, up more than 0.50%.
Fxstreet
Tue, Mar 10
US natgas output to hit record high in 2026, while demand declines, EIA says
By Scott DiSavinoNEW YORK, March 10 (Reuters) - U.S. natural gas output will rise to a record high in 2026, while demand will decline, the U.S. Energy Information Administration said in its short-term energy outlook on Tuesday.EIA projected dry gas production will rise from a record 107.7 billion cu...Reuters
Tue, Mar 10
US Cash Grains-Soy, corn basis lower as farmers sell
CHICAGO, March 10 (Reuters) - Basis bids for corn and soybeans were largely lower in the U.S. Midwest on Tuesday as farmers took advantage of a recent rally in corn and soy prices to sell.U.S. corn and wheat futures fell for a second straight session on Tuesday as tumbling crude oil prices fueled pr...Reuters
Tue, Mar 10
White House says US not seeing enough cooperation from Colombia
WASHINGTON, March 10 (Reuters) - White House spokeswoman Karoline Leavitt said on Tuesday the U.S. was not seeing enough cooperation from Colombia when asked why the country was not invited to an event hosting Latin American leaders last weekend in Florida.Reuters
Tue, Mar 10
US has not escorted any tankers through Strait of Hormuz, White House says
WASHINGTON, March 10 (Reuters) - The United States has not yet escorted any oil tankers or vessels through the Strait of Hormuz, White House Press Secretary Karoline Leavitt told reporters on Tuesday.Leavitt was responding to a question about why U.S. Secretary of Energy Chris Wright deleted a post ...Reuters
Tue, Mar 10
US urges Israel to stop attacks on Iran energy sites, Axios reports
WASHINGTON, March 10 (Reuters) - The United States has asked Israel to halt strikes on Iran's energy infrastructure, Axios reported on Tuesday, citing three sources familiar with the matter.Washington sent the message at a senior political level and to IDF Chief of Staff Eyal Zamir, Axios report...Reuters
Tue, Mar 10
Russian aluminium's share of LME stocks hit 60% in February
March 10 (Reuters) - The share of available aluminium stocks of Russian origin in London Metal Exchange warehouses rose in February from the previous month, data showed on Tuesday, just as the exchange tightened its policy on storage to address EU sanctions.Available aluminium inventories on the LME...Reuters
Tue, Mar 10
Rio Tinto secures $1.18 billion financing for Argentina lithium project
March 11 (Reuters) - Australian mining major Rio Tinto RIO.AX, RIO.L said on Wednesday it had secured a $1.175 billion financing package from four international lenders to support development of its Rincon lithium project in Argentina's Salta province.The package includes loans from the Internat...Reuters
Tue, Mar 10
