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Over 1,000 protest NOAA scientist layoffs in Colorado
Over 1,000 protest NOAA layoffs in Boulder, ColoradoCuts jeopardize weather forecasts and warnings, say NOAA scientistsProtesters argue NOAA cuts should be bipartisan issueBy Brad Brooks BOULDER, Colorado, March 3 (Reuters) - Over 1,000 protesters gathered outside a National Oceanic and Atmospher...
Reuters
Mon, Mar 3
CIF/FOB Gulf Grain-Corn, soy basis firm as futures dive on tariff worries
CHICAGO, March 3 (Reuters) - Spot basis bids for corn and soybeans delivered by barge to the U.S. Gulf Coast were steady to higher on Monday, as futures plunged on fears that U.S. tariffs on key trading partners would spark trade retaliation aimed at farm goods, traders said.* Trading was muted as b...
Reuters
Mon, Mar 3
South Korea expressed interest in Alaska gas pipeline project, Yonhap says
SEOUL, March 4 (Reuters) - South Korea, a leading fossil fuel importer, has expressed interest in participating in a $44 billion gas pipeline in Alaska in the form of a joint development between South Korea, the U.S. and Japan, Yonhap News Agency reported on Tuesday. South Korean Industry Minister A...
Reuters
Mon, Mar 3
OPEC+ set to raise oil output in April following extended cuts
The Organization of the Petroleum Exporting Countries Plus (OPEC+) said it will proceed with a plan to increase oil production from April.
WTI
Fxstreet
Mon, Mar 3
New Fortress Energy posts quarterly loss amid lower LNG export prices
Adds details on FLNG in paragraph 11March 3 (Reuters) - U.S. LNG firm New Fortress Energy NFE.O posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infrastructure segments.LNG exports in the U.S. rose in 2024, reaching near-record levels in...
Reuters
Mon, Mar 3
BRIEF-Valero Reports Emissions At Corpus Christi, Texas East Plant
March 3 (Reuters) - Valero VLO.N:REPORTS EMISSIONS FROM REFFUG AT CORPUS CHRISTI, TEXAS, REFINERY, EAST PLANT REPORTS A LOSS OF CONTAINMENT AND SUBSEQUENT LOCALIZED FIRE RESULTED IN REPORTABLE EMISSIONS AT CORPUS CHRISTI, TEXAS, REFINERY, EAST PLANT REPORTS AFFECTED EQUIPMENT ISOLATED, ALLOWED FOR A...
Reuters
Mon, Mar 3
COLUMN-OPEC+'s 'healthy' crude oil market is an illusion, Trump effect isn't: Russell
The views expressed here are those of the author, a columnist for Reuters.By Clyde Russell LAUNCESTON, Australia, March 4 (Reuters) - The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market fundamentals and the positive market ...
Reuters
Mon, Mar 3
US senator asks Rubio to answer questions on planned Tesla Cybertruck purchase
Adds State Department response in paragraphs 2, 6-7Blumenthal questions $400 million Tesla Cybertruck purchase for diplomatsState Department says contract planned during Biden, canceled by TrumpConcerns over Musk's conflicts of interest in government contractsBy David Shepardson WASHINGTON, M...
Reuters
Mon, Mar 3
Reynolds Wrap maker must face lawsuit over 'Made in USA' claim
NEW YORK, March 3 (Reuters) - The maker of Reynolds Wrap aluminum foil must face a proposed class action claiming it misled consumers by saying the foil is "Made in USA" though much of the raw material and manufacturing comes from elsewhere, a U.S. judge ruled on Monday.U.S. District Judge A...
Reuters
Mon, Mar 3
BRIEF-Shell Reports Maintenance At Manufacturing Centre In Corunna, Sarnia Site
March 3 (Reuters) - Shell PLC SHEL.L:REPORTS INCREASED FLARING MAY BE OBSERVED AS MAINTENANCE ACTIVITIES OCCUR AT MANUFACTURING CENTRE IN CORUNNA, SARNIA SITESOURCE: COMMUNITY ALERTCAPACITY: 85,000 BARRELS PER DAY
Reuters
Mon, Mar 3
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
March 3 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday, as markets reacted to U.S. President Donald Trump's statement that tariffs on goods from Mexico and Canada will definitely tak...
Reuters
Mon, Mar 3
Crude Oil backslides after OPEC announces production increase, WTI eases to $68
West Texas Intermediate (WTI) Crude Oil prices took a tumble on Monday, falling 2.5% at the outset of the new trading week after the Organization of the Petroleum Exporting Countries (OPEC) announced a tentative agreement to begin ramping up Crude Oil production globally.
WTI
Fxstreet
Mon, Mar 3
BRIEF-Nucor Corp Files For Offering Of $500 Million 4.650% Notes Due 2030
March 3 (Reuters) - Nucor Corp NUE.N:NUCOR CORP FILES FOR OFFERING OF $500 MILLION 4.650% NOTES DUE 2030NUCOR CORP FILES FOR OFFERING OF $500 MILLION 5.100% NOTES DUE 2035- SEC FILINGFurther company coverage: NUE.N
Reuters
Mon, Mar 3
Trump trade threats compound global ocean shipping uncertainty
US threats of hefty tariffs and million-dollar port fees raise alarmsExperts call protectionist moves by US 'unprecedented'Global shipping rates soften, weakening carriers' hand as contract renegotiation beginsAdds U.S. tariff start date for Mexico and Canada in paragraph 6By Lisa Baertl...
Reuters
Mon, Mar 3
Silver Price Forecast: XAG/USD surges past $31.50 on soft USD
Silver price recovers, climbs above the $31.50 mark on Monday as the Greenback depreciates sharply across the board.
Silver
Fxstreet
Mon, Mar 3
New Fortress Energy posts quarterly loss amid lower LNG export prices
March 3 (Reuters) - U.S. LNG firm New Fortress Energy NFE.O posted a loss in the fourth quarter on Monday, hurt by weaker performance in its ships as well as terminals and infrastructure segments.LNG exports in the U.S. rose in 2024, reaching near-record levels in December. But lower LNG export pric...
Reuters
Mon, Mar 3
GRAINS-Corn extends slide as trade woes, big South American crops spur sell-off
Updates with closing U.S. pricesBy Julie Ingwersen CHICAGO, March 3 (Reuters) - Benchmark U.S. corn futures fell nearly 3% on Monday as worries about trade tensions and ample South American harvests appeared to spur commodity funds to liquidate more of their large net long positions, traders said...
Reuters
Mon, Mar 3
Lumber futures reach over two-and-a-half-year high following Trump's investigation
Investing.com -- Lumber futures have climbed to their highest level in over two and a half years following U.S. President Donald Trump's recent directive to investigate lumber imports into the U.S. an
Investing.com
Mon, Mar 3
US Cash Crude-Grades broadly firm ahead of US tariffs on Canada, Mexico
March 3 (Reuters) - U.S. cash crude prices broadly strengthened on Monday, dealers said, as the market braced for the United States to impose tariffs on Mexico and Canada overnight. President Donald Trump said on Monday there was no chance for Mexico or Canada to prevent the tariffs from taking effe...
Reuters
Mon, Mar 3
Wild Coast recalling raw cat food on bird flu contamination risk, FDA says
March 3 (Reuters) - Wild Coast is recalling lots of its frozen raw chicken formula for cats as it could potentially be contaminated by the bird flu virus, the U.S. Food and Drug Administration said on Monday.Last month, two house cats in Oregon were euthanized after testing positive for bird flu lin...
Reuters
Mon, Mar 3
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