News
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White House withdraws Trump's pick for CDC, Axios reports
WASHINGTON, March 13 (Reuters) - The White House is pulling President Donald Trump's nominee to lead the U.S. Centers for Disease Control and Prevention, Dave Weldon, Axios reported on Thursday just as the nominee was set to appear before the U.S. Senate for confirmation.Reuters
Thu, Mar 13
UK tanker crash aftermath 'reasonably contained,' says PM Starmer
By William James LONDON, March 13 (Reuters) - The aftermath of a tanker crash off the English coast earlier this week is "reasonably contained," British Prime Minister Keir Starmer said on Thursday as fears of an environmental disaster eased and focus turned to finding out how the inciden...Reuters
Thu, Mar 13
Egypt in talks with Excelerate Energy for floating gas unit, ministry says
CAIRO, March 13 (Reuters) - Egypt is in talks with Excelerate Energy EE.N for a floating storage and regasification unit (FSRU) to help ensure steady natural gas supplies for the Egyptian domestic market, the petroleum ministry said in a statement on Thursday.Steven Kobos, CEO of Excelerate Energy, ...Reuters
Thu, Mar 13
European truck shares fall on US electric vehicle rule reversal
Truck makers hit by EPA move to reverse vehicle emission rulesAnalysts say decision to impact expected pre-buyingDaimler's shares worst hit, down 5%By Paolo Laudani and Ozan Ergenay March 13 (Reuters) - Shares in European truck makers fell on Thursday after the U.S. Environmental Protection ...Reuters
Thu, Mar 13
Brazil's Conab raises soy crop forecast despite drought
By Ana ManoSAO PAULO, March 13 (Reuters) - Brazilian soybean farmers are poised to reap a massive crop in the 2024/25 season despite hot and dry weather in the south of the country, according to fresh data released by the national crop agency Conab on Thursday.The new soybean crop, which farmers are...Reuters
Thu, Mar 13
Oil prices would need to fall to $53/barrel for US CPI to hit Fed's 2% target:Citi
Citi commodity strategists expressed concerns over potential downside risks for oil prices and their subsequent impact on the U.S. Consumer Price Index (CPI)."Our outlook is for Brent to fall to $60 bInvesting.com
Thu, Mar 13
UK tanker crash aftermath 'reasonably contained', says PM Starmer
LONDON, March 13 (Reuters) - The aftermath of a tanker crash off the English coast earlier this week is "reasonably contained", British Prime Minister Keir Starmer said on Thursday as fears of an environmental disaster eased and focus turned to finding out how the incident happened.One crew ...Reuters
Thu, Mar 13
Trump threatens 200% wine tariff if EU does not remove whiskey tariff
WASHINGTON, March 13 (Reuters) - U.S. President Donald Trump said on Thursday he would put a 200% wine tariff on all wines and other alcoholic products coming out of EU countries if the bloc did not remove its tariff on whiskey."The European Union, one of the most hostile and abusive taxing and ...Reuters
Thu, Mar 13
Brazil's Conab raises soy crop forecast despite drought
SAO PAULO, March 13 (Reuters) - Brazilian soybean farmers are poised to reap a massive crop in the 2024/25 season despite hot and dry weather in the south of the country, according to fresh data released by the national crop agency Conab on Thursday.The new soybean crop, which farmers are harvesting...Reuters
Thu, Mar 13
RPT-COLUMN-Commodities tune out of Trump's noise to trade fundamentals: Russell
By Clyde RussellLAUNCESTON, Australia, March 13 (Reuters) - Dial out the noise and focus on the fundamentals is a tactic that may work best for global commodity markets as they navigate the mounting challenges posed by U.S. President Donald Trump's erratic and inconsistent trade policies.While t...Reuters
Thu, Mar 13
Trade quarrels to boost Russia-China agricultural trade, lobbies and analysts say
Russia to benefit from China tariffs on U.S. and CanadaChina may buy more Russian peas, wheatBy Olga Popova MOSCOW, March 13 (Reuters) - China is expected to step up imports of agricultural products from Russia in response to growing trade conflict with the U.S. and Canada, with trade in peas set...Reuters
Thu, Mar 13
GRAINS-Chicago grains regain ground with exports in focus
Corn, wheat steady after 2-day fall, soybeans after 4-day dropUS tariffs and EU, Canada riposte raise fears of export lossesAttention turns to weekly US exportsBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, March 13 (Reuters) - Chicago corn, wheat and soybean futures edged higher on Thursday,...Reuters
Thu, Mar 13
Oil dips as economic concerns, supply and demand expectations weigh
Macroeconomic concerns stemming from tariffs remain prevalentGlobal demand firmer year on year and exceeded expectations, JP Morgan analysts sayGasoline inventories fall more than expected, EIA data shows By Paul Carsten LONDON, March 13 (Reuters) - Oil prices slipped on Thursday after surging in...Reuters
Thu, Mar 13
PRECIOUS-Gold trades near record levels on rate cut hopes, tariff jitters
Gold hit record peak of $2,956.15 on February 24Analysts expect gold demand and prices in the near term to go higherUS consumer price growth slows in FebruaryPlatinum down 1%By Rahul Paswan and Sarah Qureshi March 13 (Reuters) - Gold prices traded near record high levels on Thursday, fuelled by d...Reuters
Thu, Mar 13
IEA sees global oil market surplus for 2025 as demand disappoints
Trims 2025 global demand growth by 70,000 bpdSees oil market in 600,000 bpd surplus in 2025, up from FebLatest sanctions yet to have big impact on Russia, Iran loadingsBy Robert Harvey and Alex Lawler LONDON, March 13 (Reuters) - Global oil supply could exceed demand by around 600,000 barrels per...Reuters
Thu, Mar 13
EXCLUSIVE-Qatar to supply gas to Syria via Jordan with a US nod, sources say
Syria suffers from power shortages, grid damageWould-be backers uncertain over sanctions waiverQatar was major supporter of rebels who fought AssadBy Timour Azhari and Andrew Mills BEIRUT, March 13 (Reuters) - Qatar is set to supply Syria with gas via Jordan to improve the nation's meager po...Reuters
Thu, Mar 13
U.S. nuclear power plant outages
March 13 (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 Total...Reuters
Thu, Mar 13
