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US considering selling oil from strategic reserve, US energy chief says
By Liz Hampton PLATTEVILLE, Colorado, March 9 (Reuters) - The U.S. is considering coordinating sales of oil from the U.S. Strategic Petroleum Reserve with releases from other countries as prices soar during the war on Iran, Energy Secretary Chris Wright said on Monday. Wright also said th...Reuters
Mon, Mar 9
Iris Acquisition Corp II Signs Letter Of Intent For A Business Combination To Form Freedom Metals Corporation – A US Strategic Antimony & Tungsten Platform
March 9 (Reuters) - American Tungsten & Antimony Ltd AT4.AX:IRIS ACQUISITION CORP II SIGNS LETTER OF INTENT FOR A BUSINESS COMBINATION TO FORM FREEDOM METALS CORPORATION – A U.S. STRATEGIC ANTIMONY & TUNGSTEN PLATFORMIRIS ACQUISITION II: ANNOUNCED LOI FOR BUSINESS COMBINATION WITH FREEDOM ME...Reuters
Mon, Mar 9
LIVESTOCK-CME cattle tumble on inflation worries amid crude oil surge
By Karl Plume CHICAGO, March 9 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures fell on Monday as rising gasoline prices and a stock market downturn stoked broader economic worries and fueled concerns about consumer spending on beef.Managed funds exited long positions for a ...Reuters
Mon, Mar 9
JBS workers to strike at US beef plant as consumers face record prices
By Tom Polansek CHICAGO, March 9 (Reuters) - About 3,800 JBS meatpacking workers in Greeley, Colorado, plan to go on strike starting on March 16, the workers' union said on Monday, crippling production at one of the largest U.S. beef plants as consumers face record-high prices.The labor disru...Reuters
Mon, Mar 9
Oil jumps to 2022 high on Iran war, falls after close as Russia sanctions in doubt
Saudi Arabia, OPEC cut supplies amid U.S.-Israeli war with IranTrump weighs easing Russian oil sanctions to lower pricesIran's hardliners rally, complicating peace prospectsBy Scott DiSavino NEW YORK, March 9 (Reuters) - Oil prices jumped about 7% on Monday to settle at their highest sinc...Reuters
Mon, Mar 9
US Cash Crude-Offshore grades rise as Middle East cuts output
NEW YORK, March 9 (Reuters) - Offshore grades rose on Monday, dealers said, as Middle East producers of similar crudes curbed output due to the throttling of exports caused by the widening conflict in the region. Saudi oil producer Aramco began cutting output at two of its oilfields, adding to r...Reuters
Mon, Mar 9
US considering selling oil from strategic reserve
PLATTEVILLE, Colorado March 9 (Reuters) - U.S. Energy Secretary Chris Wright said on Monday that the U.S. is considering coordinating sales of oil from the U.S. Strategic Petroleum Reserve with releases from other countries as prices soar during the war on Iran.Reuters
Mon, Mar 9
Yext Q4 revenue misses estimates; launches $140 mln buyback
OverviewDigital presence platform's Q4 revenue missed analyst expectationsAdjusted EPS for Q4 was $0.15, up YoY Company recently launched tender offer to repurchase up to $140 mln of common stockOutlookCompany did not provide specific financial guidance for the upcoming quarter or fiscal yearRes...Reuters
Mon, Mar 9
Myomo Q4 revenue falls on lower average selling price
OverviewWearable medical robotics firm's Q4 revenue fell 6% yr/yr due to lower ASPCompany achieved record 241 MyoPro authorizations and orders in Q4Introduces 2026 revenue guidance of $43 mln to $46 mlnOutlookMyomo expects 2026 revenue between $43 mln and $46 mlnCompany anticipates Q1 2026 reven...Reuters
Mon, Mar 9
US weighs easing Russian oil sanctions to cool global price surge, sources say
March 9 (Reuters) - President Donald Trump's administration is considering reducing oil sanctions on Russia to help cool a surge in global energy prices triggered by the U.S. and Israeli war on Iran, with an announcement possible as soon as Monday, according to three sources familiar with the pl...Reuters
Mon, Mar 9
Oil magnate Sargeant-backed firm loads 1 million barrels for China, Bloomberg News reports
March 9 (Reuters) - North American Blue Energy, a company backed by U.S. energy magnate Harry Sargeant III, has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo may be the first delivery of Venezuelan...Reuters
Mon, Mar 9
Kremlin: Putin, in a phone call with Trump, shares proposals to end Iran war quickly
MOSCOW, March 9 (Reuters) - Russian President Vladimir Putin held a phone call with US President Donald Trump on Monday and shared his proposals, aimed at a quick settlement to the Iran war, Kremlin foreign policy aide Yuri Ushakov told reporters.The leaders also discussed the Ukrainian conflict and...Reuters
Mon, Mar 9
US weighs easing Russian oil sanctions to cool global price surge, sources say
March 9 (Reuters) - The Trump administration is weighing further easing sanctions on Russian oil to help cool a surge in global energy prices, according to three sources familiar with the planning, a move that could complicate U.S. efforts to deprive Moscow of revenue for its war in Ukraine.Reuters
Mon, Mar 9
Iran war boosts oil price, but oil major shares are stuck on the sidelines
Oil majors' shares see limited gains despite price surgeMarket expects swift end to Strait of Hormuz closureU.S. shale producers benefit from insulated energy supplyBy Stephanie Kelly and Sheila Dang LONDON/HOUSTON, March 9 (Reuters) - Oil prices on Monday climbed to the highest level sin...Reuters
Mon, Mar 9
GRAINS-Grain, soy futures retreat as surging crude oil slips from highs
Most-active soybeans drop after hitting highest since May 2024Wheat down after reaching highest since June 2024Corn falls from 10-month highsBy Karl Plume CHICAGO, March 9 (Reuters) - U.S. grain and soybean futures fell on Monday in a profit-taking and technical-selling retreat from multi-month o...Reuters
Mon, Mar 9
CBOT soybeans retreat from oil-led rally on profit-taking, technical selling
CHICAGO, March 9 (Reuters) - Chicago Board of Trade soybean futures rallied on Monday to their highest point since June 2024 but ended mixed, with nearby contracts down as technical selling and profit-taking reversed earlier gains triggered by soaring crude oil prices.Soybeans were also pressured by...Reuters
Mon, Mar 9
CBOT wheat posts new highs, ends down on profit-taking, technical selling
CHICAGO, March 9 (Reuters) - Chicago Board of Trade wheat rallied on Monday to the highest in nearly two years but closed lower after profit-taking and technical selling clipped gains that stemmed from surging crude oil prices.Oil prices were up about 8% on Monday, paring gains after hitting their h...Reuters
Mon, Mar 9
Oil magnate Sargeant-backed firm loads 1 million barrels for China, Bloomberg News reports
March 9 (Reuters) - A company backed by US energy magnate Harry Sargeant III has moved to export nearly 1 million barrels of Venezuelan crude for delivery into China, Bloomberg News reported on Monday, citing a document.The cargo may be the first delivery of Venezuelan oil to the Asian country since...Reuters
Mon, Mar 9
FACTBOX-How might Trump combat the spike in oil prices?
WASHINGTON, March 9 (Reuters) - U.S. President Donald Trump is expected to review as early as Monday a set of options to tame oil prices, which have soared to the highest level since 2022 because of the expanding U.S.-Israel war with Iran. It is uncertain how much of an impact U.S. policy changes co...Reuters
Mon, Mar 9
Qatari prime minister says Doha will resume full energy supply when conditions stabilise
CAIRO, March 9 (Reuters) - Qatari Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani has said that Doha will resume providing full energy supplies when regional conditions stabilise, the foreign ministry said on Monday."We remain firmly committed to our clients and the stability of global e...Reuters
Mon, Mar 9
