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Fire at southern Russian oil depot extinguished after nearly a week, governor says
MOSCOW, March 25 (Reuters) - A fire at an oil depot in southern Russia's Krasnodar region after a suspected Ukrainian drone attack has been extinguished nearly a week after it started, region governor Veniamin Kondratiev said on Tuesday.The Kavkazskaya depot is located only a few kilometres fro...
Reuters
Tue, Mar 25
IEA: Energy demand rise at an above-average rate in 2024, but oil falls back – Commerzbank
In its Global Energy Review published yesterday, the IEA identified trends for 2024 that are likely to continue this year, Commerzbank's commodity analyst Barbara Lambrecht reports.
Fxstreet
Tue, Mar 25
Oil prices benefit from tensions in the Middle East and new US sanctions – Commerzbank
Last week, oil prices recorded their strongest weekly gain since the beginning of January.
Fxstreet
Tue, Mar 25
Fire at southern Russian oil depot hit by drone attack put out after nearly a week, governor says
MOSCOW, March 25 (Reuters) - A fire at an oil depot in southern Russia's Krasnodar region sparked by a suspected Ukrainian drone attack has been extinguished nearly a week after it started, the region's governor, Veniamin Kondratiev, said on Tuesday.
Reuters
Tue, Mar 25
Record high price level causes considerable slowdown in Indian Gold demand – Commerzbank
The high Gold price also has its negative aspects, Commerzbank's commodity analyst Carsten Fritsch reports.
Gold
Fxstreet
Tue, Mar 25
Gold price rise buoyed by strong investor interest – Commerzbank
The Gold price rise to a record high of $3,057 per troy ounce last week was strongly buoyed by strong buying interest from investors, Commerzbank's commodity analyst Carsten Fritsch reports.
Gold
Fxstreet
Tue, Mar 25
U.S. sanctions three Iranian security officials -US Treasury
March 25 (Reuters) - The United States has imposed sanctions on three individuals linked to Iran's Ministry of Intelligence and Security, according to a posting on the Treasury Department website on Tuesday.
Reuters
Tue, Mar 25
Carney promises Canadian defense spending boost if he wins election
OTTAWA, March 25 (Reuters) - Prime Minister Mark Carney on Tuesday promised an "unprecedented acceleration of investment" in Canada's armed forces if his ruling Liberal Party wins a general election on April 28.U.S. President Donald Trump, who is threatening to impose tariffs on Canada a...
Reuters
Tue, Mar 25
Brazil government confirms Japanese mission to inspect slaughterhouses
By Ana Mano SAO PAULO, March 25 (Reuters) - The Brazilian government on Tuesday confirmed a Japanese mission will visit the South American country to inspect its slaughterhouses, it said in a statement. After a meeting involving the agriculture ministers of both countries, Brazil said "this s...
Reuters
Tue, Mar 25
Cerrejón Announces Production Reduction
March 25 (Reuters) - CERREJÓN:CERREJÓN ANNOUNCES PRODUCTION REDUCTIONCERREJÓN: COMMENCE REDUCING ANNUAL PRODUCTION BY BETWEEN 5-10 MILLION TONNES WITH IMMEDIATE EFFECTCERREJÓN: FULL YEAR PRODUCTION IS NOW ESTIMATED TO BE 11-16 MILLION TONNESSource text: [ID:]
Reuters
Tue, Mar 25
CSX Secures New Five-Year Tentative Agreement With Signalmen
March 25 (Reuters) - CSX Corp CSX.O:CSX REACHES TENTATIVE LABOR AGREEMENT WITH SIGNALMENCSX CORP - SECURES NEW FIVE-YEAR TENTATIVE AGREEMENT WITH BRSCSX CORP - TENTATIVE AGREEMENT IS SUBJECT TO RATIFICATION BY UNION'S MEMBERSHIP AT CSX, ACCOUNTING FOR 1,215 SIGNALMEN
Reuters
Tue, Mar 25
Trump's port fees on Chinese ships threaten US maritime industry, say executives
Hearing on proposed USTR port fee to continue WednesdayProposed fee on Chinese vessels will hurt US vessel operators, dampen demand for U.S.-built shipsDemocratic lawmakers back port fees, call for swift actionU.S. exports, seaports and jobs at risk if fees take effectBy Lisa Baertlein and David Law...
Reuters
Tue, Mar 25
Brazil government confirms Japanese mission to inspect slaughterhouses
SAO PAULO, March 25 (Reuters) - The Brazilian government on Tuesday confirmed a Japanese mission will visit the South American country to inspect its slaughterhouses, it said in a statement. After a meeting involving the agriculture ministers of both countries, Brazil said "this step is essentia...
Reuters
Tue, Mar 25
US natural gas prices hold near 3-week low on record output, milder weather forecasts
US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchUS gas inventories on track for unusual build in MarchBy Scott DiSavino March 25 (Reuters) - U.S. natural gas futures held near a three-week low on Tuesday on record output and forecasts ...
Reuters
Tue, Mar 25
Imperia Sarnia, Canada Plant Reports Small Fire At Out-Of-Service Tank Extinguished
March 25 (Reuters) - IMPERIAL: SMALL FIRE ON AN OUT-OF-SERVICE TANK AT IMPERIAL SARNIA PLANT EXTINGUISHED ALL PERSONNEL HAVE BEEN ACCOUNTED FOR AND THERE ARE NO INJURIES DUE TO THE INCIDENT IMPERIAL WILL INVESTIGATE THE CAUSE IMPERIAL OPERATES A 120,000-BARREL-PER-DAY REFINERY IN SARNIA, ONTARIORELA...
Reuters
Tue, Mar 25
EU tightens steel import restrictions
BRUSSELS, March 25 (Reuters) - The European Commission on Tuesday said it would tighten import restrictions on steel from next month in a bid to shield the ailing European steel sector from surging imports.The EU will reduce import quotas, known as safeguards, limiting the amount of steel that can b...
Reuters
Tue, Mar 25
EXPLAINER-How Russian energy trade might change if sanctions are eased
MOSCOW, March 25 (Reuters) - As talks aimed at ending the war in Ukraine continue, a potential relief in sanctions imposed on Russia, including its vast energy sector, is one of the issues on the agenda.Oil and gas exports are a key revenue source for Moscow and the sector has been subject to Wester...
Reuters
Tue, Mar 25
CBOT Trends-Wheat, corn down 2-3 cents, soy down 3-4
CHICAGO, March 25 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday. WHEAT - Down 2 to 3 cents per bushel* Wheat futures ticked down on improved weather forecasts in crucial grow...
Reuters
Tue, Mar 25
PRESS DIGEST-Canada - March 25
March 25 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Blue Ant Media, founded by Canadian media luminary Michael MacMillan, plans to go public after reaching a deal t...
Reuters
Tue, Mar 25
Imperial Reports Small Fire At Sarnia, Canada Site
March 25 (Reuters) - Imperial Oil Ltd IMO.TO:SAYS IT IS RESPONDING TO A SMALL FIRE AT SARNIA, CANADA SITEIMPERIAL OPERATES A 120,000-BARREL-PER-DAY REFINERY IN SARNIA, ONTARIO
Reuters
Tue, Mar 25
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