News
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Suncor Reports Odour In The Vicinity Of The Suncor Dock At Sarnia, Canada Refinery
March 27 (Reuters) - Suncor Energy Inc SU.TO:REPORTS INCIDENT INVOLVING THE ST. CLAIR RIVER, COMMUNITY MEMBERS WILL NOTICE ODOUR IN THE VICINITY OF THE SUNCOR DOCK AT SARNIA, CANADA REFINERYSOURCE: COMMUNITY ALERTREFINERY CAPACITY: 85,000 BARRELS PER DAYReuters
Thu, Mar 27
Serbia risks losing access to oil imports as sanctions deadline looms, Vucic says
March 27 (Reuters) - Serbia still hopes for a reprieve on U.S. sanctions on the country's sole oil refinery, even as discussions to prevent them by a deadine on Friday appear to have failed, President Aleksandar Vucic said on Thursday.A waiver on sanctions is due to expire at midnight on March 2...Reuters
Thu, Mar 27
EU wheat hits 7-month low on renewed export worries
PARIS, March 27 (Reuters) - Benchmark wheat futures on Euronext fell on Thursday to a seven-month low as a firmer euro and sparse international demand revived concerns about short-term export demand this season.May wheat BL2K5 on Euronext was 2.0% down at 217.50 euros ($235.03) a metric ton by 1720...Reuters
Thu, Mar 27
Europe Gasoline/Naphtha-Gasoline margins rise sharply on lower stocks
LONDON, March 27 (Reuters) - Northwest European gasoline refining profit rose sharply by $2.83 to $11.26 a barrel on Thursday as regional inventories dropped amid a switch to more expensive summer grade fuel.Varo sold an E5 gasoline barge to Litasco in the Platts window. Another 1,200 metric tons tr...Reuters
Thu, Mar 27
Brazil's soybean crop seen at record 172.1 mln T after Agroconsult crop tour
By Ana ManoSAO PAULO, March 27 (Reuters) - Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after a nationwide crop tour of 13 states that began in January. The new estimate is hig...Reuters
Thu, Mar 27
EXCLUSIVE-Morgan Stanley draws on Goldman Sachs to explore sale of PNE stake, sources say
By Christoph Steitz and Emma-Victoria Farr FRANKFURT, March 27 (Reuters) - Morgan Stanley is working with Goldman Sachs to explore the sale of its majority stake in German renewable project developer PNE, two people familiar with the matter said, a process that could trigger a bid for the 1.09 bi...Reuters
Thu, Mar 27
US Plains HRW Wheat-Basis bids flat as dealers eye weather
CHICAGO, March 27 (Reuters) - Spot basis bids for hard red winter wheat were steady in the U.S. Plains on Thursday amid slow trade and light farmer selling, dealers said.* Wheat basis bids have held steady so far this week.* Dealers continue to monitor overly dry weather over wheat-growing areas of ...Reuters
Thu, Mar 27
Brazil's soybean crop seen at record 172.1 mln T after Agroconsult crop tour
SAO PAULO, March 27 (Reuters) - Brazilian farmers are expected to reap a record 172.1 million metric tons of soybeans in the 2024/2025 season, agribusiness consultancy Agroconsult forecast on Thursday after its nationwide crop tour that covered 13 states beginning in January. The new estimate is hig...Reuters
Thu, Mar 27
METALS-Copper slips on Trump auto tariffs, uncertainty
By Eric Onstad LONDON, March 27 (Reuters) - Copper prices eased on Thursday after U.S. President Donald Trump announced 25% tariffs on auto imports, which could dampen metals demand. Benchmark three-month copper CMCU3 on the London Metal Exchange was down 0.8% at $9,846 a metric ton at 1700 GMT, ...Reuters
Thu, Mar 27
GRAINS-Grain futures slump, soybeans rise, ahead of USDA planting report
Nearby Chicago SRW wheat hits new lows on rain forecastsMarket awaits planting report, with higher corn area expectedRising Brazilian basis gives soybeans a boostBy P.J. Huffstutter CHICAGO, March 27 (Reuters) - Chicago Board of Trade soybean futures turned higher on Thursday as the U.S. dollar w...Reuters
Thu, Mar 27
Putin says geopolitical rivalries are rising in Arctic, but cooperation is possible
MOSCOW, March 27 (Reuters) - Geopolitical rivalries are intensifying in the Arctic, but cooperation in the region is possible, including between Moscow and Western states, Russian President Vladimir Putin said on Thursday. Putin, who is keen to ramp up commerce via the Northern Sea Route through Arc...Reuters
Thu, Mar 27
BP greenlights Ginger gas project in Trinidad and Tobago
LONDON, March 27 (Reuters) - BP BP.L has given final approval to its Ginger gas development in Trinidad and Tobago, it said on Thursday, one of ten new projects listed by CEO Murray Auchincloss in a strategy revamp last month to underpin BP's renewed focus on oil and gas.Ginger, which will be ti...Reuters
Thu, Mar 27
First Quantum halts public tours of closed Panama copper mine
PANAMA CITY, March 27 (Reuters) - First Quantum Minerals said on Thursday it would suspend public tours of its shuttered copper mine in Panama after the country's president said the Canadian miner should not give the impression that the site is operational.In a regular press conference earlier o...Reuters
Thu, Mar 27
European airlines will miss green jet fuel targets, CEOs warn
Green fuel costs too much, output too low, airlines saySAF mandate adds to already high regulatory costs, they sayCEOs warn European airlines risks losing competitiveness By Joanna Plucinska, Julia Payne and Tim Hepher BRUSSELS, March 27 (Reuters) - The EU's requirement for 6% of the jet fuel...Reuters
Thu, Mar 27
Mexico working for preferential treatment in face of US auto tariffs
MEXICO CITY, March 27 (Reuters) - Mexico is working to carve out an exemption for its critical autos industry after Washington announced tariffs on imported vehicles, the economy minister said on Thursday. U.S. President Donald Trump on Wednesday announced 25% tariffs on auto imports, escalating his...Reuters
Thu, Mar 27
Russia remands billionaire Moshkovich in custody for two months
Billionaire Moshkovich appears in court cage Court sends him to pre-trial detention for two months Founder Moshkovich detained for fraud - court documentsRusagro says it complies with the lawBy Guy Faulconbridge, Gleb Bryanski, Anastasia LyrchikovaMOSCOW, March 27 (Reuters) - Russian farming billion...Reuters
Thu, Mar 27
US Cash Grains-Corn, soy bids tick up as farmer selling halts
CHICAGO, March 27 (Reuters) - Spot basis bids for corn and soybeans were steady to higher in the U.S. Midwest on Thursday as buyers were willing to pay premiums for corn and soy while farmer selling ground to a halt, dealers said. * Spot corn bids increased at an Ohio elevator and two Indiana ethano...Reuters
Thu, Mar 27
ARA gasoil stocks fall 3%, Insights Global data shows
LONDON, March 27 (Reuters) - Gasoil stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub fell by nearly 3% on the week to their lowest since early November, data from Dutch consultancy Insights Global showed.Gasoil stocks, which include diesel, stood at 2,108 m...Reuters
Thu, Mar 27
PRECIOUS-Gold hits record high as US tariffs spark trade tensions
Trump unveiled 25% auto tariffs on WednesdaySpot gold hit 17 record highs so far this yearSilver touches highest level since OctoberU.S. PCE data due on FridayBy Anmol Choubey March 27 (Reuters) - Gold scaled a record peak on Thursday, as investors sought the safe-haven asset in response to escal...Reuters
Thu, Mar 27
