News
Important Only
GRAINS-Wheat rebounds on supply worries; corn, soybeans firm
SINGAPORE, March 20 (Reuters) - Chicago wheat futures rose on Thursday, recouping last session's losses as the dollar pared gains and slowing grain shipments from top supplier Russia raised concerns over supplies.Soybeans rose for the first time in three sessions, while corn gained for a second ...Reuters
Thu, Mar 20
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
Wed, Mar 19
Exxon challenges Colonial Pipeline on proposed changes to fuel shipping terms
By Nicole Jao and Shariq Khan NEW YORK, March 19 (Reuters) - Top U.S. oil major ExxonMobil XOM.N asked regulators to block changes proposed by the Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the Federal Energy Regulatory Commission ...Reuters
Wed, Mar 19
REFILE-EXCLUSIVE-Proposed US port fees on China-built ships begin choking coal, agriculture exports
Trump's fees on China-linked ships disrupt coal exports, Xcoal CEO warnsAgriculture exports face uncertainty due to proposed shipping fees, traders sayPotential fees could increase costs for energy exports, American Petroleum Institute warnsBy Lisa Baertlein, Karl Plume and Timothy Gardner LO...Reuters
Wed, Mar 19
US could run Ukraine's power plants if helpful for ceasefire, energy secretary says
WASHINGTON, March 19 (Reuters) - U.S. Energy Secretary Chris Wright said the United States could step in to run Ukrainian power plants if that was helpful to ensure a ceasefire and bring peace to the war-torn country.U.S. President Donald Trump suggested to Ukrainian President Volodymyr Zelenskiy du...Reuters
Wed, Mar 19
Congo president says willing to partner with US on minerals-for-security deal
March 19 (Reuters) - Democratic Republic of Congo President Felix Tshisekedi said on Wednesday that his country is willing to partner with the U.S. on a minerals-for-security deal.Tshisekedi told Fox News host Bret Baier that such a partnership would allow Congo to extract and process its critical m...Reuters
Wed, Mar 19
CIF/FOB Gulf Grain-Corn, soy barge bids inch higher
CHICAGO, March 19 (Reuters) - Spot basis bids for soybeans and corn delivered by barge to the U.S. Gulf Coast firmed modestly on Wednesday, reflecting a slow pace of grain sales by farmers and some barge delays on the mid-Mississippi River, traders said.* High winds crossed the mid-Mississippi River...Reuters
Wed, Mar 19
Trump, Zelenskiy pledge in phone call to work for end to war in Ukraine
Trump, Zelenskiy say they have positive phone callZelenskiy asks for additional US air defence supportTrump briefs Ukrainian leader on his call with PutinRussia and Ukraine accuse each other of air attacksPrisoner swap facilitated by UAE goes aheadBy Nandita Bose and Yuliia Dysa WASHINGTON, March...Reuters
Wed, Mar 19
INSIGHT-Big Tech’s data center boom poses new risk to US grid operators
Data center disconnections threaten grid stability, regulator saysGrid operators face resistance from data centers on proposals for a fixTexas incidents highlight risks of sudden disconnections by crypto minersBy Tim McLaughlinBOSTON, March 19 (Reuters) - Data Center Alley, a 30-square-mile stretch ...Reuters
Wed, Mar 19
Greenpeace must pay pipeline company nearly $667 million over Standing Rock protests, jury says
By Jack QueenMarch 19 (Reuters) - Greenpeace must pay a Texas-based pipeline company nearly $667 million in damages for the environmental advocacy group’s role in 2016-2017 protests against the Dakota Access Pipeline in North Dakota, a jury said Wednesday. The verdict in North Dakota state court cam...Reuters
Wed, Mar 19
Exxon challenges Colonial Pipeline on proposed changes to fuel shipping terms
By Nicole Jao and Shariq Khan NEW YORK, March 19 (Reuters) - ExxonMobil XOM.N filed a protest notice on Wednesday asking regulators to block Colonial Pipeline's proposed changes in fuel shipping terms, citing potential harm to shippers and consumers, a filing showed. The Colonial Pipeline is ...Reuters
Wed, Mar 19
Fire reported at Phillips 66's Los Angeles refinery
By Nicole JaoNEW YORK, March 19 (Reuters) - A small fire broke out at Phillips 66's PSX.N 139,000 barrel-per-day refinery in Los Angeles on Tuesday evening, the company said."The source of the fire was quickly isolated and extinguished," a spokesperson said on Wednesday. The refinery'...Reuters
Wed, Mar 19
LIVESTOCK-CME cattle futures rise as weather limits slaughter
By Renee Hickman CHICAGO, March 19 (Reuters) - Chicago Mercantile Exchange cattle futures rallied Wednesday as harsh weather conditions in Nebraska and Kansas limited slaughter operations, according to analysts. CME June live cattle LCM25 ended up 1.850 cents at 202.850 cents per pound, hitting ...Reuters
Wed, Mar 19
Trump pushes energy dominance agenda in meeting with US oil executives
Trump met with top oil CEOs in closed-door eventIndustry concerned about falling oil prices, looming trade warsMeeting marked Trump’s first sit-down with oil and gas leaders since return to White HouseBy Jarrett Renshaw and Trevor Hunnicutt March 19 (Reuters) - U.S. President Donald Trump hosted ...Reuters
Wed, Mar 19
White House forces out CEO of passenger railroad Amtrak
Amtrak aims to drastically boost traffic, add routesWhite House official says CEO was asked to step downBiden administration gave Amtrak $16.4 billion for infrastructure upgradesBy David Shepardson WASHINGTON, March 19 (Reuters) - The White House this week forced Amtrak CEO Stephen Gardner to ste...Reuters
Wed, Mar 19
US oil CEOs, Trump did not discuss taking over Ukraine's power plants, energy secretary says
WASHINGTON, March 19 (Reuters) - U.S. President Donald Trump and U.S. oil executives did not discuss taking over Ukraine's power plants during a meeting at the White House on Wednesday, Energy Secretary Chris Wright told reporters, in response to a question from a reporter. Trump met with th...Reuters
Wed, Mar 19
Silver Price Forecast: XAG/USD slips below $34.00 as Fed acknowledges uncertainty
Silver price finished the day with a loss of over 0.55% on Wednesday after the Federal Reserve (Fed) held rates unchanged while acknowledging the economic outlook is uncertain due to US trade policies implemented by President Donald Trump.
Fxstreet
Wed, Mar 19
Fire reported at Phillips 66's Los Angeles refinery
NEW YORK, March 19 (Reuters) - A fire was discovered at the 139,000 barrel-per-day Phillips 66 PSX.N refinery in Los Angeles early on Wednesday, according to a filing with California's emergency services. The filing does not name the refinery but shows the incident occurred at the address of Phi...Reuters
Wed, Mar 19
Med crude-Urals diffs steady, CPC Blend crude loadings seen flat in April vs March
MOSCOW, March 19 (Reuters) - Urals crude differentials kept stable on Wednesday, while CPC Blend loadings in April from the Russian Black Sea terminal of Yuzhnaya Ozereevka, near Novorossiisk, were set in line with the preliminary March plan.Oil exports via the Caspian Pipeline Consortium have been ...Reuters
Wed, Mar 19
