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Power outage hits southern Mexican state, including Cancun, local media says
MEXICO CITY, March 24 (Reuters) - A power outage left different towns in the southern Mexican state of Quintana Roo, including the popular tourist destination Cancun, without electricity, local media reported on Monday evening.Reuters
Tue, Mar 25
PRESS DIGEST-Financial Times - March 25
March 25 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- UK looks at ways to soften impact of its digital tax on US tech groups- UK detects bird flu in sheep for the first time- UK watchdog ...Reuters
Tue, Mar 25
London copper rises, firmer dollar checks gains
NEW DELHI, March 25 (Reuters) - Copper prices in London edged higher on Tuesday, as markets priced in increased supplies of the industrial metal moving to the U.S. amid concerns over potential tariffs, but a stronger dollar checked gains.Reuters
Tue, Mar 25
GRAINS-Wheat futures dip on favourable weather; traders eye Russia-Ukraine talks
BEIJING, March 25 (Reuters) - Chicago wheat futures dropped on Tuesday, as improved weather forecasts in crucial growing regions tempered some of the bullish outlook, while traders monitored the ongoing Russia-Ukraine peace negotiations.The most-active wheat contract Wv1 on the Chicago Board of Trad...Reuters
Tue, Mar 25
Oil prices little changed as investors weigh impact of Trump tariffs
By Yuka Obayashi TOKYO, March 25 (Reuters) - Oil prices barely moved on Tuesday as investors weighed the impact of U.S. tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand. Brent crude futures ...Reuters
Tue, Mar 25
WTI rises to near $69.00 as US President Donald Trump threatens tariffs on countries buying Venezuelan crude
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Tuesday. The WTI price edges higher to a three-week high as US President Donald Trump said he will impose tariffs on countries that buy oil and gas from Venezuela.
Fxstreet
Tue, Mar 25
South Korea to host Alaska governor, energy team amid talk of gas pipeline
SEOUL, March 25 (Reuters) - Alaskan state representatives led by the governor and including energy officials are due to visit South Korea on Tuesday, amid expectations of talks with U.S. allies in Asia to revive a stalled natural gas project touted by President Donald Trump. Governor Mike Dunleavy&#...Reuters
Tue, Mar 25
GRAINS-Wheat futures dip on favourable weather; traders eye Russia-Ukraine talks
BEIJING, March 25 (Reuters) - Chicago wheat futures dropped on Tuesday, as improved weather forecasts in crucial growing regions tempered some of the bullish outlook, while traders monitored the ongoing Russia-Ukraine peace negotiations.Soybeans and corn also edged lower amid concerns that U.S. tari...Reuters
Tue, Mar 25
Gold slips as Trump eases tariff threats, Fed shows caution over rate cut
March 25 (Reuters) - Gold inched lower on Tuesday after U.S. President Donald Trump eased concerns by stating that not all of his proposed tariffs would take effect on April 2, while a Federal Reserve official signalled a cautious stance on interest rate cuts this year.
Reuters
Tue, Mar 25
Colonial Pipeline responds to protests over proposed gasoline shipment changes
By Shariq Khan NEW YORK, March 24 (Reuters) - The Colonial Pipeline on Monday asked the U.S. Federal Energy Regulatory Commission to reject shippers' protests over proposed changes to how it moves gasoline, arguing that the modifications are in line with industry practices and within Colonial...Reuters
Mon, Mar 24
LIVESTOCK-CME cattle futures fall on technical reversal
By Renee Hickman CHICAGO, March 24 (Reuters) - Chicago Mercantile Exchange live cattle futures fell on Monday after a technical reversal on Friday, according to analysts. Meanwhile, lean hog futures eased on growing supplies. CME June live cattle LCM25 ended down 0.625 cent at 202.150 cents per p...Reuters
Mon, Mar 24
Goldman Sachs expects non-OPEC+ production growth to slow with decline in Brent prices
March 24 (Reuters) - Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12-month period for every $10 per barrel decline in oil prices when Brent crude is above $70. The Wall Street bank estimates 2026 non-OPEC+ supply growth to...Reuters
Mon, Mar 24
El Paso Declares Force Majeure At Line 3006 At Keystone Compressor Station, Texas
March 24 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AT LINE NO. 3006 UPSTREAM OF KEYSTONE COMPRESSOR STATION, LOCATED IN WINKLER COUNTY, TEXASSAYS SID RICHARDSON RECEIPT, WILL BE UNABLE TO DELIVER GAS INTO THE ISOLATED SECTION OF LINE 3006R...Reuters
Mon, Mar 24
GRAINS-Chicago wheat futures plunge on Ukraine talks
Ongoing talks on Ukraine weigh on wheat futuresDollar strength pressures grainsTraders monitor tariff negotiationsBy Renee Hickman CHICAGO, March 24 (Reuters) - Chicago wheat took a dive on Monday as traders monitored ongoing talks regarding the Russian war on Ukraine and with more favorable weat...Reuters
Mon, Mar 24
Hyundai, Trump announce $21 billion US investment, new steel plant
Hyundai's investment follows Trump's return to White HouseInvestment includes $5 billion steel plant in LouisianaTrump's tariffs seen impacting Korean steel industryBy Steve Holland, David Shepardson and Heekyong Yang WASHINGTON/SEOUL, March 24 (Reuters) - South Korea's Hyundai Mo...Reuters
Mon, Mar 24
US Plains HRW Wheat-Spot basis bids mostly steady in muted trade
CHICAGO, March 24 (Reuters) - Spot basis bids for hard red winter wheat were mostly steady in the U.S. Plains states on Monday as low prices discouraged farmers from selling and market players continued to monitor U.S. tariff changes.* The wheat basis decreased at an elevator in Texas. Basis bids we...Reuters
Mon, Mar 24
Goldman Sachs Sees Non-OPEC+ Production Growth Decreasing Over 12 Months With Decline in Brent Prices
March 24 (Reuters) - GOLDMAN SACHS:SEES NON-OPEC+ PRODUCTION GROWTH DECREASES BY 0.3MB/D OVER 12 MONTHS FOR EACH $10/BBL OIL PRICE DECLINE WITH BRENT >$70/BBL, WITH THIS RESPONSE INCREASING TO 0.65MB/D WITH BRENT AT $50-70/BBLSAYS IT ESTIMATES 2026 NON-OPEC+ SUPPLY GROWTH TO FALL FROM 1.05MB/D TO...Reuters
Mon, Mar 24
Gulf South pipeline cuts gas to Freeport LNG's Texas plant after lightning strike
March 24 (Reuters) - Gulf South Pipeline Company said on Monday it has stopped delivering natural gas to the Freeport LNG plant in Texas after its pipeline was struck by lightning.The lightning strike caused Gulf South to declare a force majeure on the line effective immediately, it said in a statem...Reuters
Mon, Mar 24
