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US natural gas prices down over 1% on rising output, mild weather outlook
Rising output, mild weather offset higher demand outlookRecord flows to LNG export facilities continueCanadian gas exports to US drop after tariffs March 11 (Reuters) - U.S. natural gas prices slipped more than 1% on Tuesday, as rising output and forecasts for milder weather offset a higher deman...
Reuters
Tue, Mar 11
CBOT soybeans end lower for third straight session
CHICAGO, March 11 (Reuters) - Chicago Board of Trade soybean futures ended lower on Tuesday for a third straight session, coming under pressure from hefty South American supplies hitting the global market, weakness in the soyoil market and uncertainty over how U.S. tariffs will impact domestic deman...
Reuters
Tue, Mar 11
US judge declines to block Biden-era oil well decommissioning rule
By Nate Raymond March 11 (Reuters) - A federal judge in Louisiana has rejected a bid by three Republican-led states to block a rule adopted during Democratic President Joe Biden's administration that requires the offshore oil and gas industry to provide nearly $7 billion in financial assuranc...
Reuters
Tue, Mar 11
REFILE-North Sea shipping crash P&I loss predictions lowered as salvage starts
By Michael Jones March 11 - (The Insurer) - Predicted protection and indemnity (P&I) market losses in relation to the incident that left two ships ablaze off the coast of northeast England are lower than initially thought, two senior marine market sources told The Insurer. Reduced poll...
Reuters
Tue, Mar 11
CERAWEEK-Alberta energy minister says he proposed trade de-escalation options to US
HOUSTON, March 11 (Reuters) - Alberta Energy Minister Brian Jean said on Tuesday he had provided the administration of U.S. President Donald Trump several options to de-escalate a U.S.-Canada trade war.He said his provincial government, which represents the bulk of Canada's oil industry, respect...
Reuters
Tue, Mar 11
CERAWEEK-US tariff dispute good for internal Canadian trade -Ontario energy minister
HOUSTON, March 11 (Reuters) - The dispute over tariffs with the United States will lead Canada to break down the trade barriers that exist between the country's provinces, Ontario Energy Minister Stephen Lecce said on Tuesday at the CERAWeek energy conference in Houston.
Reuters
Tue, Mar 11
CERAWEEK-Regulator approved Cheniere Texas LNG plant expansion, says exec
HOUSTON, March 11 (Reuters) - US regulators have approved the expansion of Cheniere's Corpus Christi liquefied natural gas (LNG) plant in Texas, a Cheniere executive said on Tuesday.The Federal Energy Regulatory Committee approved the construction of production trains 8 and 9 at the plant, the c...
Reuters
Tue, Mar 11
CERAWEEK-Occidental Petroleum sees US oil output peaking in next five years
By Sheila DangHOUSTON, March 11 (Reuters) - U.S. oil production will peak between 2027 and 2030, Occidental Petroleum Corp OXY.N CEO Vicki Hollub said on Tuesday at the CERAWeek conference in Houston, Texas.Her outlook follows U.S. President Donald Trump vowing to bolster fossil fuel production in t...
Reuters
Tue, Mar 11
Unexplained ship collision off UK coast triggers race for clues
Collision involved U.S. military jet fuel tanker and container shipIncident raises questions despite safety measures in placeBritish police arrest man for gross negligence manslaughterBy Jonathan Saul LONDON, March 11 (Reuters) - A collision involving a tanker carrying jet fuel for the U.S. milit...
Reuters
Tue, Mar 11
EU wheat pressured by Chicago and euro
PARIS, March 11 (Reuters) - Euronext wheat fell towards a six-month low on Tuesday, pressured by further strength in the euro and weakness in Chicago futures.May wheat BL2K5 settled 1.1% down at 221.25 euros ($241.83) a metric ton, not far from Friday's six-month low of 219.25 euros.May is now t...
Reuters
Tue, Mar 11
NTSB making urgent safety recommendations after American jet collision with helicopter
March 11 (Reuters) - The National Transportation Safety Board will announce on Tuesday it is making an urgent safety recommendation to prevent helicopter operations when two runways are being used at Washington Reagan National Airport following a mid-air collision in January that killed 67 people, a...
Reuters
Tue, Mar 11
Girl Scouts sued over alleged heavy metals, pesticides in cookies
Study found lead, glyphosate, other 'toxins' in cookiesGirl Scouts have said its cookies are safe to eatDefendants not immediately available to commentBy Jonathan Stempel NEW YORK, March 11 (Reuters) - The Girl Scouts have been sued by consumers over the alleged presence of "heavy met...
Reuters
Tue, Mar 11
CERAWEEK-Ontario energy minister says US can't replace Canadian aluminum
HOUSTON, March 11 (Reuters) - Ontario Energy Minister Stephen Lecce said on Tuesday at the CERAWeek energy conference in Houston that the United States has no immediate replacement for Canadian aluminum supplies.President Donald Trump said he would double his planned tariffs on all imports of steel ...
Reuters
Tue, Mar 11
White House: US-Ukraine talks in Saudi have been productive
WASHINGTON, March 11 (Reuters) - Talks between top U.S. and Ukrainian officials in Jeddah, Saudi Arabia, on the Ukraine war have been positive and productive, White House press secretary Karoline Leavitt told reporters on Tuesday.She said U.S. Secretary of State Marco Rubio and national security adv...
Reuters
Tue, Mar 11
Man arrested over UK tanker crash is captain of container ship, BBC reports
LONDON, March 11 (Reuters) - The man arrested on suspicion of gross negligence manslaughter over Monday's tanker collision off England's northeast coast is the captain of the Solong container ship, the BBC reported on Tuesday citing the ship's owner.
Reuters
Tue, Mar 11
US Cash Grains-Corn basis bids rise at Midwest processing plants
CHICAGO, March 11 (Reuters) - Spot basis bids for corn rose at processors and ethanol plants in the U.S. Midwest on Tuesday as crop buyers sought to entice farmers to make more sales, brokers said.* Soybean basis bids were flat to higher.* The U.S. Department of Agriculture kept its estimates unchan...
Reuters
Tue, Mar 11
FAA extends bar on US flights to Port-au-Prince through September 8
By David Shepardson WASHINGTON, March 11 (Reuters) - The Federal Aviation Administration said on Tuesday it was extending prohibitions barring U.S. flights to the Haitian capital Port-au-Prince through September 8, citing risks from armed gangs to civil aviation.In November, the FAA temporarily h...
Reuters
Tue, Mar 11
CERAWEEK-Ontario energy minister hopes US and Canada resolve trade dispute
HOUSTON, March 11 (Reuters) - Ontario Energy Minister Stephen Lecce said on Tuesday at the CERAWeek energy conference in Houston he hopes the United States and Canada can resolve their trade dispute through renegotiation of the USMCA trade deal.
Reuters
Tue, Mar 11
Europe Gasoline/Naphtha-Gasoline margins fall on slow buying
LONDON, March 11 (Reuters) - Northwest European gasoline refining profit margins fell by 67 cents on Tuesday to $4.03 a barrel on weaker buying activity. A total of 4,000 metric tons of E5 gasoline barges traded, as Litasco sold to Glencore.A further 4,000 tons of Eurobob E10 traded, as TotalEnergi...
Reuters
Tue, Mar 11
CERAWEEK-Argentina has 11 large energy and mining projects in planning, econ vice minister says
HOUSTON, March 11 (Reuters) - At least 11 large projects in the energy and mining sector are being planned in Argentina following economic reforms by President Javier Milei's administration that aims to increase production and revenue from exports of key commodities, the country's economy vi...
Reuters
Tue, Mar 11
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