News
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CERAWEEK-Canada could restrict its oil exports to US if Trump trade war escalates
Canada may impose non-tariff measures on oil exports to U.S.Canada considers tariffs on US ethanol amid trade tensionsCanadian Energy Minister says everything is on the tableBy Jarrett Renshaw and Arathy Somasekhar HOUSTON, March 11 (Reuters) - Canada could impose non-tariff measures such as rest...Reuters
Tue, Mar 11
CERAWEEK-Europe seeks to avoid Russian energy if sanctions eased, ministers and execs say
By Georgina McCartney HOUSTON, March 11 (Reuters) - European buyers are unlikely to return to Russia's energy sector if sanctions are lifted, as the bloc has diversified its power mix with renewable energy and alternative gas suppliers, ministers and executives said at a conference in Houston...Reuters
Tue, Mar 11
USDOT says Verizon not moving fast enough on $2.4 billion FAA contract
By David Shepardson WASHINGTON, March 11 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Tuesday that Verizon VZ.N is "not moving fast enough" in its $2.4 billion, 15-year telecom contract with the Federal Aviation Administration.Duffy, who plans to ask Congress for tens of b...Reuters
Tue, Mar 11
CERAWEEK-Colonial having trouble securing US permits to make repairs
HOUSTON, March 11 (Reuters) - Colonial Pipeline CEO Melanie Little said on Tuesday at the CERAWeek energy conference the company is having "major issues" securing permits to make repairs to its existing infrastructure.Colonial operates the largest fuel pipeline system in the United States, m...Reuters
Tue, Mar 11
Trump's expanded metals tariffs to hit goods from horseshoes to bulldozer blades
Trump's no-exclusions steel, aluminum tariffs take effect in hoursMetals duties set for 25% rate as Trump backs off Canada threat Tariffs extended to 289 steel and aluminum downstream product groups $147.3 billion of consumer goods, industrial components to be hitBy David Lawder and Jason Lange...Reuters
Tue, Mar 11
Trump rules out exempting Australia from steel and aluminium tariffs
SYDNEY, March 12 (Reuters) - Australia will not be exempt from U.S. steel and aluminium tariffs that President Donald Trump's administration will impose on Wednesday, Australian media reported, citing a White House official.Trump agreed in February to consider exempting Australia from the tariff...Reuters
Tue, Mar 11
CERAWEEK-TC Energy expects North American gas demand to grow 40 bcfd over 10 years
HOUSTON, March 11 (Reuters) - TC Energy TRP.TO CEO Francois Poirier said on Tuesday at the CERAWeek energy conference in Houston he expects North American natural gas demand to grow by 40 billion cubic feet per day over the next 10 years.Reuters
Tue, Mar 11
CANADA-CRUDE-Discount on Western Canada Select heavy crude narrows
March 11 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 narrowed on Tuesday.* WCS for April delivery in Hardisty, Alberta, settled at $11 a barrel under WTI, according to brokerage CalRock, after having s...Reuters
Tue, Mar 11
White House says 25% steel and aluminum tariff to go into effect
WASHINGTON, March 11 (Reuters) - A 25% tariff on steel and aluminum with no exceptions or exemptions will go into effect for Canada and all other U.S. trading partners at midnight on March 12, the White House said on Tuesday.Reuters
Tue, Mar 11
Yemen's Houthis vow to resume attacks on Israeli ships after Gaza aid deadline ended
CAIRO, March 11 (Reuters) - Yemen's Houthis said on Tuesday they will attack any Israeli ship that violates the group's ban on Israeli ships passing through the Red and Arabian seas, the Bab al-Mandab Strait and the Gulf of Aden, effective immediately.The leader of Yemen's Houthis said o...Reuters
Tue, Mar 11
CORRECTED-Solar and storage accounted for 84% of new US power added in 2024, report says
March 11 (Reuters) - Solar and energy storage accounted for 84% of new electricity generation capacity added to the U.S. power grid last year, but the industry faces a challenging future with the new U.S. administration's energy policies, a report published on Tuesday said.The country installed ...Reuters
Tue, Mar 11
CERAWEEK-Kimmeridge eyes more Canada oil and gas activism amid trade war, underperformance
By David French HOUSTON, March 11 (Reuters) - Kimmeridge Energy Management will pursue more activism among Canadian oil and gas producers, a senior executive told Reuters on Tuesday, as it targets underperforming companies and potential benefits emanating from the trade war with the United States...Reuters
Tue, Mar 11
LIVESTOCK-CME lean hogs turn lower, cattle futures lower to mixed
By P.J. Huffstutter CHICAGO, March 11 (Reuters) - Chicago Mercantile Exchange nearby lean hog futures turned lower on Monday, with the front-month contract falling as market participants sought profits and continued to adjust their positions as part of the so-called Goldman roll, traders said.Tue...Reuters
Tue, Mar 11
Trump adviser says 50% tariffs on Canadian steel and aluminum won't take effect Wednesday
March 11 (Reuters) - U.S. President Donald Trump's trade adviser Peter Navarro said on Tuesday that an increased tariff of 50% on Canadian steel and aluminum will not take effect on Wednesday.Earlier in the day, Trump had ordered that an across-the-board tariff of 25% on all steel and aluminum i...Reuters
Tue, Mar 11
Oil settles slightly up on weaker dollar, US economic fears cap gains
Benchmarks rise 0.3-0.4% after falling 1.5% in previous sessionDollar index hits four-month lowConcerns over U.S. recession and tariffs limit crude gainsAPI data shows US crude stockpiles rise, sources sayBy Stephanie Kelly and Arunima Kumar NEW YORK, March 11 (Reuters) - Oil prices settled sligh...Reuters
Tue, Mar 11
US Cash Crude-Crude grades broadly remain in holding pattern amid tariff uncertainty
March 11 (Reuters) - U.S. cash crude grades broadly firmed on Tuesday but remained in a holding pattern as whiplash around tariffs between the U.S. and Canada kept investors across asset classes on edge. President Donald Trump on Tuesday ramped up a burgeoning trade war with Canada, vowing to double...Reuters
Tue, Mar 11
USDOT says Verizon 'not moving fast enough' on $2.4 billion FAA contract
WASHINGTON, March 11 (Reuters) - U.S. Transportation Secretary Sean Duffy said Verizon is "not moving fast enough" in its $2.4 billion 15-year telecom contract with the Federal Aviation Administration.Duffy, who plans to ask Congress for tens of billions of dollars to reform air traffic cont...Reuters
Tue, Mar 11
USDA says it will reinstate fired probationary workers by Wednesday deadline
By Leah Douglas March 11 (Reuters) - The U.S. Department of Agriculture will comply with the Wednesday deadline issued by a federal board to temporarily reinstate its fired probationary employees, according to an agency statement.The Merit Systems Protection Board, an agency that hears appeals fr...Reuters
Tue, Mar 11
CERAWEEK-Guyana considers plan to refine oil in US, import fuel
By Marianna Parraga HOUSTON, March 11 (Reuters) - Guyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said at a conference in Houston on Tuesday.Guyan...Reuters
Tue, Mar 11
