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Canada's incoming PM Carney says latest Trump tariffs an 'attack' on families, businesses
TORONTO, March 11 (Reuters) - Canada's incoming prime minister Mark Carney on Tuesday called new tariffs imposed on steel and aluminum by U.S. President Donald Trump an "attack" on Canadian workers, families and businesses. "My government will keep our tariffs on until the Americans ...Reuters
Tue, Mar 11
METALS-Copper rises on weaker dollar, US physical aluminium premium soars to record
Trump's planned tariffs on aluminium from Canada rise to 50%US physical aluminium premiums soar to record highPremium of Comex copper against LME contract widens againUS copper imports to surge in coming months, Goldman Sachs saysBy Polina Devitt LONDON, March 11 (Reuters) - Copper prices ros...Reuters
Tue, Mar 11
GRAINS-Corn futures turn higher for fifth session, soybeans steady
USDA leaves US corn stocks unchanged, baffling tradersUSDA reports US wheat inventories higher than trade expectations Chinese demand a worry for U.S. soy marketBy P.J. Huffstutter CHICAGO, March 11 (Reuters) - Chicago Board of Trade corn futures were up for a fifth straight session on Tuesday, a...Reuters
Tue, Mar 11
Neither vessel in UK tanker crash now expected to sink, says transport minister
LONDON, March 11 (Reuters) - Neither vessel involved in a crash off the English coast on Monday was expected to sink, transport minister Heidi Alexander said in a statement, citing preliminary assessments following a meeting with the coastguard agency.Her comments come after maritime minister Mike K...Reuters
Tue, Mar 11
Moscow oil refinery operating normally, owner says
MOSCOW, March 11 (Reuters) - The Moscow oil refinery owned by Russia's Gazpromneft SIBN.MM is operating normally, the company said on Tuesday, despite reports of it being hit during drone strikes on the Russian capital.Ukraine said on Tuesday that it had struck an oil refinery near Moscow and a ...Reuters
Tue, Mar 11
FAA extends bar on US flights to Port-au-Prince through Sept. 8
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.In November, the FAA temporarily halted all flights to Haiti but later allo...Reuters
Tue, Mar 11
EIA expects US crude, gas output to rise to record highs in 2025
By Stephanie Kelly and Brijesh PatelNEW YORK, March 11 (Reuters) - U.S. crude oil and natural gas production, along with demand for natural gas and electricity, will all rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said on Tuesday in its Short Term Energy Outlook (S...Reuters
Tue, Mar 11
Aluminium premiums for US buyers hit record after Trump doubles tariffs
Bulk of US aluminium imports come from CanadaTraders anticipate further rises for US buyersPremiums falling in EuropeBy Pratima Desai LONDON, March 11 (Reuters) - Premiums for consumers buying aluminium on the physical market in the United States soared to record highs on Tuesday after President ...Reuters
Tue, Mar 11
CERAWEEK-'Make energy great again' says UAE's ADNOC CEO, pledging US gas investment
By Simon Webb HOUSTON, March 11 (Reuters) - The international investment arm of United Arab Emirates state oil company ADNOC will make a significant investment in U.S. natural gas starting in the coming months, ADNOC CEO Sultan Al Jaber said on Tuesday.The UAE is a member of the OPEC+ producer gr...Reuters
Tue, Mar 11
EIA raises US oil production forecast for 2025
NEW YORK, March 11 (Reuters) - U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information Administration said on Tuesday in its Short-Term Energy Outlook report.The agency said it now expects U.S. crude oil production to average 13.61 million bar...Reuters
Tue, Mar 11
FACTBOX-Who are the Pakistani Baloch separatist militants behind train hijacking?
ISLAMABAD, March 11 (Reuters) - Separatist militant group the Baloch Liberation Army (BLA) claimed that they had taken hostages during an attack on a train carrying hundreds of people, including paramilitary troops, in southwestern Pakistan on Tuesday and threatened to kill them.The BLA is the stron...Reuters
Tue, Mar 11
USDA cuts over $1 billion in funding for schools, local food purchases
By Brad Brooks March 10 (Reuters) - The U.S. Agriculture Department has cut two federal programs that spent over $1 billion annually to help schools and food banks buy food from local farms and ranches, the agency has confirmed to Reuters.The School Nutrition Association, which represents cafeter...Reuters
Tue, Mar 11
UK will not respond to US steel tariffs, British official says
LONDON, March 11 (Reuters) - Britain will not impose retaliatory trade tariffs in response to U.S. duties on all steel and aluminium imports which are due to come into force on Wednesday, a British government official said on Tuesday.While the European Union plans to hit back against the 25% US tari...Reuters
Tue, Mar 11
Goldman Sachs anticipates surge in US copper net imports
March 11 (Reuters) - U.S. net copper imports could rise by 50% to 100% in the coming months due to higher U.S. prices before the Trump administration's planned tariffs, Goldman Sachs said in a note on Tuesday. The May 2025 U.S. copper price is currently trading at $756 per metric ton ov...Reuters
Tue, Mar 11
British police arrest man over UK tanker collision
LONDON, March 11 (Reuters) - British police have arrested a man in connection with Monday's collision of two ships off England's northeast coast, the authorities said on Tuesday.Humberside Police said in a statement they have arrested a 59-year-old man on suspicion of gross negligence mansla...Reuters
Tue, Mar 11
REFILE-CERAWEEK-Nigeria will be able to meet OPEC output target, state oil company exec says
By Arathy Somasekhar HOUSTON, March 11 (Reuters) - Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.After years of underperforming OPEC quotas, Nigeria met its OPEC targets in January, said Udobong Ntia, NNPC's e...Reuters
Tue, Mar 11
EU wheat tracks Chicago lower with USDA report in focus
PARIS, March 11 (Reuters) - European wheat futures edged lower on Tuesday, curbed by further strength in the euro and weakness in Chicago as traders awaited a U.S. government crop report for an initial projection of the impact from incoming tariffs. May wheat BL2K5 was down 0.2% at 223.25 euros ...Reuters
Tue, Mar 11
Trump says he will double tariffs on Canada metals to 50%
WASHINGTON, March 11 (Reuters) - President Donald Trump on Tuesday doubled his planned tariff on all steel and aluminum products coming into the United States from Canada, bringing the total to 50%, in response to the province of Ontario placing a 25% tariff on electricity coming into the U.S. ...Reuters
Tue, Mar 11
ConocoPhillips says US, Europe should coordinate on methane
HOUSTON, March 11 (Reuters) - ConocoPhillips COP.N CEO Ryan Lance said on Tuesday that the United States and Europe should coordinate their regulations on methane, a powerful greenhouse gas."We can't have the European Union and the U.S. trying to do something different, because they're i...Reuters
Tue, Mar 11
