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EUROPE GAS-Dutch prices rangebound amid gas storage target extension
LONDON, March 5 (Reuters) - Dutch wholesale gas prices were rangebound on Wednesday morning as warmer weather was set to continue this week but turn colder next week and as the European Commission proposed a two-year extension of gas storage fill targets.The benchmark front-month contract at the Dut...Reuters
Wed, Mar 5
China to boost food imports from Latin America, Europe as US trade war escalates
China to buy more European pork; Brazilian, Australian beefHigher duty on US beans means more Brazil, Argentina suppliesMay continue to buy chicken feet from U.S. despite tariffsAustralia seen selling more sorghum with higher outputBy Naveen Thukral and Mei Mei Chu SINGAPORE/BEIJING, March 5 (Reu...Reuters
Wed, Mar 5
Kremlin says Iran's nuclear programme will be subject of future Russia-US talks
MOSCOW, March 5 (Reuters) - The Kremlin said on Wednesday that future talks between Russia and the United States would include discussions on Iran's nuclear programme, a subject it said had been "touched upon" in an initial round of U.S.-Russia talks last month.Bloomberg reported on Tues...Reuters
Wed, Mar 5
Kremlin says Iran's nuclear programme will be subject of future Russia-US talks
MOSCOW, March 5 (Reuters) - The Kremlin said on Wednesday that future talks between Russia and the United States would include discussions on Iran's nuclear programme, a subject it said had been "touched upon" in an initial round of U.S.-Russia talks last month.Bloomberg reported on Tues...Reuters
Wed, Mar 5
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $67.59 per barrel, down from Tuesday’s close at $67.96. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $70.78 after its previous daily close at $70.96.Fxstreet
Wed, Mar 5
European natural gas market sells off – ING
The European natural gas market sold off yesterday with TTF settling nearly 3.9% lower on the day, ING's commodity experts Ewa Manthey and Warren Patterson note. "We believe that the weakness is overdone given the tighter storage environment. Also, European prices need to stay elevated and at a...Fxstreet
Wed, Mar 5
Trump touts relentless start to term in speech to Congress, drawing catcalls from Democrats
Trump vows more tariffs, dividing RepublicansTrump's tax cut agenda could add trillions to debtReuters Live coverage https://www.reuters.com/world/us/donald-trump/trump-updates-latest-news-analysis-reaction-tariffs-ukraine-aid-pause-2025-03-04/By Bo Erickson, Steve Holland and Joseph Ax WASHI...Reuters
Wed, Mar 5
China announces plans for major renewable projects to tackle climate change
BEIJING, March 5 (Reuters) - China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.Reuters
Wed, Mar 5
Trump says Japan, South Korea want to partner with U.S. in Alaska pipeline
Japan, South Korea, others may invest 'trillions' in pipelineJapan says higher US energy imports to benefit both nationsSouth Korea says will engage in talks with US on Alaska LNG WASHINGTON, March 4 (Reuters) - Japan, South Korea and other countries want to partner with the United States...Reuters
Wed, Mar 5
PRESS DIGEST- New York Times business news - March 5
March 5 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.- A U.S. court denied billionaire entrepreneur Elon Musk the preliminary injunction he was seeking against ChatGPT-maker OpenAI'...Reuters
Wed, Mar 5
PRECIOUS-Gold pares losses as dollar weakens, markets gauge Trump tariffs
Gold will likely remain an in-demand asset, analyst says China unlocks more fiscal stimulus ADP employment report due later in the dayBy Anjana Anil and Anushree Mukherjee March 5 (Reuters) - Gold erased earlier losses and held steady on Wednesday, helped by a weakening U.S. dollar and safe-haven...Reuters
Wed, Mar 5
METALS-Most base metals firm on softer US dollar, fresh China stimulus
By Anushree Mukherjee March 5 (Reuters) - Most base metals gained on Wednesday, with London copper prices hitting a one-week high, supported by a weaker U.S. dollar and latest stimulus measures from top consumer China. Three-month copper on the London Metal Exchange (LME) CMCU3 rose 1.2% t...Reuters
Wed, Mar 5
TABLE-UAE's Fujairah oil inventory data for week ended March 3
March 5 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended March 3, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from...Reuters
Wed, Mar 5
Iron ore declines as Sino-US tariffs fuel trade war tensions
By Michele Pek SINGAPORE, March 5 (Reuters) - Iron ore futures faltered on Wednesday, pressured by tit-for-tat tariffs between the United States and top metals consumer China, outweighing optimism about improved demand for Chinese steel.The most-traded May iron ore contract on China's Dalian ...Reuters
Wed, Mar 5
South Sudan vice president's spokesman says deputy head of military arrested, risking peace deal
NAIROBI, March 5 (Reuters) - South Sudanese forces have arrested a senior military official allied with First Vice President Riek Machar, and deployed troops around Machar's residence, risking a 2018 peace deal that ended a civil war, his spokesperson said. South Sudan has formally been at peace...Reuters
Wed, Mar 5
ERCOT Cancels Operating Condition Notice Due To Wildfire Risk In West Texas Area
March 5 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):CANCELS OPERATING CONDITION NOTICE ISSUED DUE TO WILDFIRE RISK IN A LARGE PORTION OF THE WEST TEXAS AREA FOR MARCH 4RELATED- nFWN3PN0NMReuters
Wed, Mar 5
GRAINS-Soybeans, corn rebound from 2-month lows; wheat firms
Chicago soybeans, corn, wheat prices recover on bargain-buyingUS-China trade tensions to reduce upside potential in pricesBy Naveen Thukral SINGAPORE, March 5 (Reuters) - Chicago soybeans and corn bounced back on Wednesday, recovering form their lowest levels since early January, although worries...Reuters
Wed, Mar 5
