News
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Iraq says Iran used forged Iraqi documents on oil tankers, Tehran denies
Iraq minister says Iranian tankers used forged Iraqi documentsTehran denies using such documentsIran says allegations came from U.S officials BAGHDAD, March 24 (Reuters) - Iraq's oil minister Hayan Abdel-Ghani has said told state television that Iranian oil tankers stopped by U.S. forces ...Reuters
Mon, Mar 24
OPEC+ likely to proceed with planned May oil output hike, sources say
OPEC+ set to proceed with planned output hike in MayLong awaited increases to begin in AprilStable market, compensation cuts encourage group to proceed with hike, sources sayBy Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, March 24 (Reuters) - OPEC+ will likely stick to its plan ...Reuters
Mon, Mar 24
Suriname's Staatsolie raises $515.8 million through bond issuance
PARAMARIBO, March 24 (Reuters) - Suriname's state-owned energy company Staatsolie has raised a total of $515.8 million through an issuance of debt bonds aimed at gathering capital for a prominent oil and gas offshore project, the company said on Monday.The sum raised through the allocation of bo...Reuters
Mon, Mar 24
Fire rages on at Russian oil depot serving Caspian pipeline after drone attack
Firefighters battle blaze at Kavkazskaya oil depotNearby Kropotkinskaya CPC station was attacked in February Reuters has verified satellite image of the depot fire March 24 (Reuters) - A fire at a drone-hit oil depot in southern Russia raged for a fifth day on Monday, the regional administration ...Reuters
Mon, Mar 24
Iran denies reports about tankers being seized by the US, says SHANA news agency
DUBAI, March 24 (Reuters) - Iran's oil ministry denied reports attributed to the Iraqi oil minister about Iranian oil tankers being seized by the United States, Iran's oil ministry news agency SHANA reported on Monday. Iraq's oil minister Hayan Abdel-Ghani has said Iranian oil tanker...Reuters
Mon, Mar 24
EU trade commissioner to meet U.S. Commerce Secretary Lutnick on Tuesday
BRUSSELS, March 24 (Reuters) - The European Commissioner for trade, Maros Sefcovic, is heading to Washington to meet U.S. Commerce Secretary Howard Lutnick on Tuesday, a Commission spokesperson said on Monday. Sefcovic will also meet with U.S. Trade Representative Jamieson Greer. The spokesperson ad...Reuters
Mon, Mar 24
Trump's fees on Chinese ships will hurt US companies, maritime executives to tell hearing
Hearing on proposed USTR port fee scheduled for MondayProposed fee on Chinese vessels will hurt US operators, portsTaxpayer investments in seaborne-trade at risk of being wastedBy Lisa Baertlein LOS ANGELES, March 24 (Reuters) - President Donald Trump's plan to revitalize the U.S. shipbuildin...Reuters
Mon, Mar 24
OPEC+ likely to proceed with planned May oil output hike, sources say
By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW, March 24 (Reuters) - OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, three sources told Reuters, amid steady oil prices and plans to force some members to reduce pumping to compensate ...Reuters
Mon, Mar 24
Kazakhstan continues oil supply via CPC pipeline in normal mode, IFX reports
MOSCOW, March 24 (Reuters) - Kazakhstan is continuing to supply oil via the CPC pipeline in normal mode, Interfax news agency reported on Monday. Earlier the Russian Defence Ministry said that Ukraine had attempted a drone attack on the Kropotkinskaya pumping station on the CPC pipeline in Russia&...Reuters
Mon, Mar 24
Russia says a Ukrainian drone attack damaged another gas distribution station on March 22
MOSCOW, March 24 (Reuters) - Ukraine conducted two drone strikes on the Valuika gas distribution station in the Belgorod region on March 22, damaging equipment there, the Russian Defence Ministry said on Monday. The ministry's statement did not say if the station continued to operate as usual or...Reuters
Mon, Mar 24
US natgas prices flat as record LNG flows offset record output
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 DiSavinoMarch 24 (Reuters) - U.S. natural gas futures held steady on Monday as record flows to liquefied natural gas (LNG) expo...Reuters
Mon, Mar 24
Putin speaks to UAE president on Ukraine and OPEC+
MOSCOW, March 24 (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan about OPEC+ cooperation and Russia-U.S. talks on Ukraine, the Kremlin said on Monday.The presidents "gave a positive assessment" of the level of Russia-UA...Reuters
Mon, Mar 24
Gold rally attracts investors back to mining stocks after months of outflows
Gold mining ETFs draw first monthly inflow in six months Investors return as gold hits record highs, boosting marginsNewmont, Barrick shares rebound after 2024 underperformanceMiners announce buybacks, dividends on strong earningsBy Patturaja Murugaboopathy March 24 (Reuters) - Funds that invest...Reuters
Mon, Mar 24
REFILE-South Korea's Hyundai to unveil $20 billion investment in US, CNBC report says
SEOUL, March 24 (Reuters) - South Korea's Hyundai is set to announce a $20 billion investment in the United States, including a $5 billion steel plant in Louisiana, CNBC reported on Monday, citing people familiar with the matter.The plant, which would require the hiring of around 1,500 employees...Reuters
Mon, Mar 24
CBOT Trends-Wheat down 6-7 cents, corn down 1-2, soy down 2-3
CHICAGO, March 24 (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 Monday. WHEAT - Down 6 to 7 cents per bushel* Wheat futures ticked down as tariff concerns and talks of a ceasefire be...Reuters
Mon, Mar 24
Putin speaks to UAE president on Ukraine and OPEC+
MOSCOW, March 24 (Reuters) - Russian President Vladimir Putin spoke to United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan about the OPEC+ agreement and Russia-U.S. talks on Ukraine, the Kremlin said on Monday.Putin thanked the UAE president for mediating in prisoner exchanges between ...Reuters
Mon, Mar 24
