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US natgas prices soar on worries about Canada tariffs
By Scott DiSavino March 4 (Reuters) - U.S. natural gas futures NGc1 jumped 10% to a 26-month high on Tuesday on record flows to liquefied natural gas export plants and worries that gas exports from Canada could decline due to U.S. President Donald Trump's tariffs on Canada and Mexico.Canada s...Reuters
Tue, Mar 4
US natgas prices jump 6% to 26-month high on record LNG flows, Canada tariff worries
US gas output on track to hit record high in March US LNG export feedgas on track to match Feb record highWidow maker March-April 2026 futures spread hits 14-month highBy Scott DiSavino March 4 (Reuters) - U.S. natural gas futures jumped about 9% to a 26-month high on Tuesday on record flows to l...Reuters
Tue, Mar 4
ICE canola futures fall on tariffs, vegoil weakness
WINNIPEG, Manitoba - March 4 (Reuters) - ICE canola futures fell on Tuesday, as U.S. tariffs on all Canadian products, including canola, were imposed. Global weakness in vegoil crops contributed to the losses. • May canola RSK5 settled down $24.60 at $621.30 per metric ton.• Not all traders expected...Reuters
Tue, Mar 4
US natgas prices soar on worries about Canada tariffs
By Scott DiSavino March 4 (Reuters) - U.S. natural gas futures NGc1 jumped 10% to a 26-month high on Tuesday on record flows to liquefied natural gas export plants and worries that gas exports from Canada could decline due to U.S. President Donald Trump's tariffs on Canada and Mexico.Canada s...Reuters
Tue, Mar 4
Citi Sees Brent Towards $60/bbl Over Next 3-Months
March 4 (Reuters) - CITI RESEARCH:SAYS IT IS FUNDAMENTALLY BEARISH ON OIL BECAUSE NON-OPEC+ SUPPLY GROWTH LOOKS SET TO OFFSET GLOBAL DEMAND GROWTH THIS YEARSAYS MONDAY'S OPEC+ DECISION TO START INCREASING PRODUCTION AGAIN IS A MATERIALLY BEARISH DEVELOPMENT FOR OILSAYS TARGETING A MOVE IN BRENT ...Reuters
Tue, Mar 4
CIF/FOB Gulf Grain-Corn, soybean barge bids ease as new US tariffs take effect
CHICAGO, March 4 (Reuters) - Spot basis bids for corn and soybeans delivered by barge to the U.S. Gulf Coast eased on Tuesday, as futures plunged on heightened concerns that President Donald Trump's trade policies will disrupt U.S. agricultural exports, traders said.* U.S. President Donald Trump...Reuters
Tue, Mar 4
PRECIOUS-Gold rises on weaker dollar, trade war fears after Trump tariffs
Trump hits Canada, Mexico, China with steep tariffs Canada retaliates with 25% tariffs on some U.S. importsUS nonfarm payrolls due on FridayBy Anmol Choubey March 4 (Reuters) - Gold prices rose on Tuesday, driven by a weaker dollar and heightened safe-haven demand amid escalating trade conflicts ...Reuters
Tue, Mar 4
Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
By Amanda Stephenson CALGARY, March 4 (Reuters) - Tariffs on Canadian oil would need to be in place for years before significantly altering the amount of crude the U.S. imports from its northern neighbour, the CEO of Canadian pipeline company Enbridge Inc.ENB.TO said on Tuesday. CEO Greg Ebel tol...Reuters
Tue, Mar 4
Canada should alter policies to diversify oil exports away from US, producers say
TORONTO, March 4 (Reuters) - Canada needs to overhaul its policies and streamline regulations to help diversify its exports beyond North America and into Asian and European markets, the Canadian Association of Petroleum Producers said on Tuesday after U.S. tariffs took effect.Securing Ontario and Qu...Reuters
Tue, Mar 4
GRAINS-US corn, wheat, soy futures slide as trade tensions flare
By Julie Ingwersen CHICAGO, March 4 (Reuters) - U.S. corn futures fell to their lowest levels in 2025 on Tuesday and soybean futures dropped below $10 a bushel on heightened concerns that President Donald Trump's trade policies will disrupt U.S. agricultural exports. Trump slapped 25%...Reuters
Tue, Mar 4
Speaker Johnson: text of resolution to keep government funded out at week's end
March 4 (Reuters) - U.S. House Speaker Mike Johnson said on Tuesday that text of a continuing resolution to keep the United States government funded, averting a partial government shutdown, will come out at the end of the week, Punchbowl News reported.Reuters
Tue, Mar 4
EXCLUSIVE-US and Ukraine prepare to sign minerals deal on Tuesday, sources say
By Erin Banco, Gram Slattery and Andrea ShalalNEW YORK, March 4 (Reuters) - U.S. President Donald Trump's administration and Ukraine plan to sign the much-debated minerals deal following a disastrous Oval Office meeting Friday in which Ukrainian President Volodymyr Zelenskiy was dismissed from t...Reuters
Tue, Mar 4
US pump prices set to climb as new Trump tariffs kick in
Tariffs on imports from Canada raise wholesale gasoline prices in US NortheastMidwest and Gulf Coast regions to experience delayed price hikesUS imports around 4 million bpd of Canadian oilBy Nicole Jao NEW YORK, March 4 (Reuters) - U.S. retail gasoline prices are set to climb in the coming weeks...Reuters
Tue, Mar 4
US Plains HRW Wheat-Basis bids steady as futures stumble
CHICAGO, March 4 (Reuters) - Spot basis bids for hard red winter wheat were flat in the U.S. Midwest on Tuesday as futures fell on heightened concerns that President Donald Trump's trade policy will disrupt U.S. agricultural exports.* U.S. President Donald Trump's new 25% tariffs on imports...Reuters
Tue, Mar 4
W. Africa Crude-Nigerian grades edge lower
March 4 (Reuters) - Nigerian crude differentials edged lower on Tuesday as March cargoes continue to overhang.* Forcados has dipped to around dated Brent plus $2.50, Bonga to around dated plus $2.50-$3.00, and Qua Iboe to around dated Brent plus $1.50, a trading source said. * Around 10-15 cargoes o...Reuters
Tue, Mar 4
Enbridge: Possibility Of Line 5 Being Shut Down By U.S. in Event of Trade War Escalation Unlikely
March 4 (Reuters) - Enbridge Inc ENB.TO:EXEC SAYS VENEZUELAN CRUDE BEING SANCTIONED BY THE US WILL HELP CANADIAN CRUDE DEMAND HOLD UP IN FACE OF TARIFFS - INVESTOR DAY CONF CALLCEO SAYS U.S. AND CANADA ENERGY SYSTEMS ARE SO INTERTWINED THAT ENBRIDGE CONTINUES TO SEE EXPORT OPPORTUNITIES TO U.S. IN S...Reuters
Tue, Mar 4
Trump: Canadian retaliatory tariffs will face immediate reciprocal tariffs
March 4 (Reuters) - U.S. President Donald Trump said that retaliatory tariffs imposed by Canada will be met with immediate reciprocal tariffs in the same amount, after remarks by Prime Minister Justin Trudeau that Canada would strike back at American tariffs imposed overnight. "Please explain to...Reuters
Tue, Mar 4
EU wheat and rapeseed hit lows as tariff battle heats up
PARIS, March 4 (Reuters) - Euronext wheat futures extended losses on Tuesday to a six-month low while rapeseed tumbled to a one-month low as U.S. tariffs and retaliatory measures from China and Canada deepened concern about disruption to agricultural trade.May wheat BL2K5, the most active contract o...Reuters
Tue, Mar 4
Europe Gasoline/Naphtha-Gasoline refining margins fall
LONDON, March 4 (Reuters) - Northwest European gasoline refining profit margins fell to $7.24 a barrel on Tuesday, while a cargo traded in the Mediterranean. In the Platts window, Vitol bought a Mediterranean gasoline cargo from Trafigura.A total of 6,000 metric tons of E5 gasoline barges traded, a...Reuters
Tue, Mar 4
US Cash Grains-Corn, soy basis steady-mixed as futures tumble
CHICAGO, March 4 (Reuters) - Spot basis bids for soybeans and corn were steady to mixed in the U.S. Midwest on Tuesday as concerns over retaliatory Chinese tariffs on U.S. farm goods put pressure on Chicago Board of Trade futures.* Corn basis bids ticked down at a Nebraska elevator and ticked up at ...Reuters
Tue, Mar 4
