News
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US natgas prices slide 3% on forecasts for lower demand, ahead of storage report
Analysts expect small draw from storage last week US gas output on track to hit monthly record in March US LNG export feedgas set to hit monthly record in MarchBy Scott DiSavino March 20 (Reuters) - U.S. natural gas futures fell about 3% on Thursday on forecasts for milder weather and less demand...Reuters
Thu, Mar 20
PRECIOUS-Gold eases from record high as investors book profits
Gold hits record high of $3,057.21/ozTraders book profits, analyst says Weakness below $3,030 may trigger further decline, analyst saysBy Rahul Paswan and Sarah Qureshi March 20 (Reuters) - Gold prices retreated from a new record high on Thursday as investors booked profits after the latest leg o...Reuters
Thu, Mar 20
Russia and US to discuss Black Sea shipping on Monday
Russia and U.S. experts to meet in Riyadh on Monday Kremlin says Black Sea initiative is on the agenda Trump seeking to kickstart peace talks in three-year war MOSCOW, March 20 (Reuters) - Russian and U.S. experts will discuss ways to ensure the safety of shipping in the Black Sea at talks on a p...Reuters
Thu, Mar 20
Amazon to sell carbon credits to suppliers, customers
By Virginia Furness LONDON, March 20 (Reuters) - Amazon has begun selling carbon credits to its suppliers, business customers and other companies, the U.S. retail giant said, which can be used to offset their climate-damaging carbon emissions.The launch comes amid a major debate between companies...Reuters
Thu, Mar 20
CBOT Trends-Wheat down 2-6 cents, corn up 1-4, soybeans down 3-5
CHICAGO, March 20 (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 Thursday. WHEAT - Down 2 to 6 cents a bushel* Wheat futures lower on poor weekly export sales data and a firmer U.S. d...Reuters
Thu, Mar 20
US CPC Says Neutral Conditions Favored To Develop Within Next 1-2 Months
March 20 (Reuters) - U.S. NATIONAL WEATHER SERVICE'S CLIMATE PREDICTION CENTER (CPC):SAYS APRIL-MAY-JUNE (AMJ) 2025 SEASONAL OUTLOOK FAVORS ABOVE-NORMAL TEMPERATURES FOR THE SOUTHERN HALF AND EASTERN ONE-THIRD OF CONTIGUOUS U.S.SAYS OCEANIC CONDITIONS CONSISTENT WITH LA NINA HAVE WEAKENED DURIN...Reuters
Thu, Mar 20
Hapag-Lloyd sees earnings falling further this year as US tariffs, Suez weigh
Red Sea, U.S. tariffs decisive for 2025 performanceNet profit fell by nearly a fifth in 2024, dividend to be cutLooks to fleet investments, Gemini cooperation with MaerskBy Vera Eckert FRANKFURT, March 20 (Reuters) - Container shipping firm Hapag-Lloyd HLAG.DE said on Thursday net profit fell nea...Reuters
Thu, Mar 20
Aiming for energy security, Taiwan seeks to invest in Alaska LNG project
Taiwan's CPC signs letter of intent to buy LNG, investDeal with Alaska Gasline Development Corp, no further detailsTaiwan says deal will help ensure energy security TAIPEI, March 20 (Reuters) - Taiwanese state energy firm CPC Corp signed on Thursday an agreement with Alaska Gasline Developmen...Reuters
Thu, Mar 20
Carlyle seeks buyers for Colombian oil producer
LONDON, March 20 (Reuters) - Private equity group Carlyle CG.O is seeking a buyer for its Colombian oil producer SierraCol for around $1.5 billion, according to people with knowledge of the matter.Carlyle set up SierraCol in 2020 after buying assets from Occidental Petroleum and its production of 45...Reuters
Thu, Mar 20
EU delays first tariffs against U.S. to mid-April
EU counter-tariffs had been in two batches for April 1 and 13Sefcovic says discussions with U.S. yielded limited progressBroader set of 'reciprocal' U.S. tariffs due on April 2French and Italian PMs caution against escalating trade disputeBy Philip Blenkinsop BRUSSELS, March 20 (Reuters) ...Reuters
Thu, Mar 20
Turkey gets waiver extension from U.S. for gas payments to Russia, Turkish source says
ISTANBUL, March 20 (Reuters) - Turkey has received an extension from the United States to a waiver for gas payments to Russia, a Turkish source said on Thursday, adding that the extension would be valid until May. In November, Washington imposed new sanctions over the Ukraine conflict on Russia'...Reuters
Thu, Mar 20
U.S. nuclear power plant outages
March 20 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Tota...Reuters
Thu, Mar 20
NORDIC POWER-Front-quarter steady as dry weather outlook counters higher temperatures
March 20 (Reuters) - Nordic front-quarter power prices were flat on Thursday as drier weather forecasts countered pressure from an above-average temperature view in the hydropower-reliant region.* The Nordic front-quarter baseload power contract ENOFBLQc1 remained unchanged at 24.7 euros per megawat...Reuters
Thu, Mar 20
Perils ups loss estimate for September Central European floods to 2.19 billion euros
By Ryan HewlettMarch 20 - (The Insurer) - Loss aggregator Perils has disclosed an industry loss estimate of 2.19 billion euros ($2.38 billion) for September’s floods in Central Europe and Italy.Perils’ third estimate for the event compares to the previous figures of 2.08 billion euros and 1.89 billi...Reuters
Thu, Mar 20
RPT-COLUMN-OPEC, IEA focus on China oil demand, but crude imports are what matter: Russell
By Clyde RussellLAUNCESTON, Australia, March 20 (Reuters) - What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ongoing weakness in imports?Both the International Energy Agency (IEA) and the Organization of the Petroleum Expor...Reuters
Thu, Mar 20
Carlyle seeks buyers for Colombian oil producer
LONDON, March 20 (Reuters) - Private equity group Carlyle CG.O is seeking a buyer for its Colombian oil producer SierraCol for around $1.5 billion, according to sources with knowledge of the matter.Carlyle set up SierraCol in 2020 after buying assets from Occidental Petroleum and its production of 4...Reuters
Thu, Mar 20
Russia says Ukrainian drone attack on oil depot was aimed at disrupting peace efforts
MOSCOW, March 20 (Reuters) - Russia's foreign ministry said on Thursday that a Ukrainian drone attack on a Russian oil depot was an attempt by Kyiv to disrupt peace initiatives.Authorities in the southern Russian region of Krasnodar said a Ukrainian drone attack caused a fire at an oil depot nea...Reuters
Thu, Mar 20
RPT-COLUMN-Chicago corn prices set to challenge decades-long streaks: Braun
By Karen BraunCHICAGO, March 19 (Reuters) - If the recent tariff-fueled selloff in Chicago corn futures felt extreme, that’s because it was, especially given the season. Huge swings in new-crop corn prices are not typically seen in the beginning months of the year due to upcoming harvest uncertainti...Reuters
Thu, Mar 20
