News
Important Only
Germany not in talks over Nord Stream 2 gas pipeline revival
Updates headline BERLIN, March 3 (Reuters) - Germany's energy independence from Moscow is crucial and it is not in talks with Russia over a "possible pipeline-based supply of Russian gas" via the partly damaged Nord Stream 2 pipeline, the economy ministry said on Monday.The ministry w...Reuters
Mon, Mar 3
Europe Gasoline/Naphtha-Gasoline refining margins soften
LONDON, March 3 (Reuters) - Northwest European gasoline refining profit margins fell slightly to $7.95 a barrel on Monday as export activity slowed. A total of 4,000 metric tons of E10 gasoline barges traded, as Trafigura sold to Varo and Shell.A further 7,000 tons of Eurobob E5 traded, as Vitol, L...Reuters
Mon, Mar 3
CORRECTED-Scientists predict major quake in Chile's mineral-rich north
Corrects Feb. 27 story with name, title of scientist in paragraphs 8-11Scientists expect a major earthquake in northern Chile soonChile's north holds major copper and lithium production sitesGPS technology helps monitor tectonic plate movements in ChileSANTIAGO, Feb 27 (Reuters) - Fifteen years ...Reuters
Mon, Mar 3
EU seeks to grant automakers 'breathing space' on CO2 emission targets
New CO2 emission targets came in for 2025EC now set to give carmakers 3 years to comply and avoid finesNews sends shares of VW, Renault, BMW among others higherAdds Volkswagen CEO in paragraph 10By Philip Blenkinsop BRUSSELS, March 3 (Reuters) - The European Commission yielded to pressure from Eu...Reuters
Mon, Mar 3
US Cash Grains-Corn, soybean basis up as buyers entice selling
CHICAGO, March 3 (Reuters) - Spot basis bids for soybeans and corn were steady to higher in the U.S. Midwest as some buyers sought to incentivize sales by farmers and producers turned their attention to spring planting plans, dealers and an analyst said.* Corn basis bids increased at two processors...Reuters
Mon, Mar 3
PRECIOUS-Gold prices rebound on weaker US dollar and tariff concerns
Spot gold edges from three-week low Focus on US payrolls data due on FridayTariffs on Canada and Mexico are set to take effect on TuesdayUpdates with U.S. mid-session tradingBy Anmol Choubey March 3 (Reuters) - Gold prices rose over 1% on Monday after a slump to a three-week low in the previous s...Reuters
Mon, Mar 3
METALS-Tariffs loom, but weak dollar and China data boost copper
Updates pricesBy Pratima Desai LONDON, March 3 (Reuters) - Copper prices rose on Monday as a weaker dollar and stronger industrial activity in China raised hopes of stronger demand, though gains were capped by potential tariffs on U.S. imports.Benchmark copper CMCU3 on the London Metal Exchange (...Reuters
Mon, Mar 3
CORRECTED-Wells Fargo drops financed emissions target amid ESG rethink
Corrects attribution in last paragraph to Cushing, not Paddy McCully Feb 28 (Reuters) - Wells Fargo WFC.N is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks rethink their sustainable lending activities.The goals had relied on many factors "out...Reuters
Mon, Mar 3
Most U.S. LNG exports head to Europe amidst cold weather and strong prices
Most U.S. LNG exports in February went to EuropeEuropean prices remain elevated, attracting U.S. exportsU.S. begins to benefit from Plaquemines LNG export plant startupBy Curtis Williams HOUSTON, March 3 (Reuters) - Europe soaked up most U.S. liquefied natural gas (LNG) exports for the second str...Reuters
Mon, Mar 3
US Secretary of State Rubio thanks UK for encouraging Europe to provide for its defense
WASHINGTON, March 3 (Reuters) - U.S. Secretary of State Marco Rubio on Monday thanked British Foreign Secretary David Lammy for his country's role in encouraging Europe to provide for its own defense and push for peace in Ukraine, the U.S. State Department said.During a call with Lammy on Monday...Reuters
Mon, Mar 3
Ukraine-US minerals deal not enough of a security backstop, says UK PM Starmer
LONDON, March 3 (Reuters) - A prospective minerals deal between the United States and Ukraine is not enough on its own to act as a security guarantee that would ensure Russia sticks to the terms of any peace deal in the Ukraine war, British Prime Minister Keir Starmer said."The mineral deal is n...Reuters
Mon, Mar 3
US Henry Hub natural gas prices hit three-year high in February
March 3 (Reuters) - U.S. spot natural gas prices for February rose to a three-year high at the Henry Hub NG-W-HH-SNL benchmark in Louisiana, according to pricing data from financial firm LSEG on Monday.Gas prices averaged $4.19 per million British thermal units in February, their highest level for t...Reuters
Mon, Mar 3
CORRECTED-California lab sends some bird flu tests out of state during outbreak
In February 26 story, corrects headline and paragraphs 1 and 8 after university says lab has sent some bird flu tests out of state for monthsStrike highlights strain on lab technicians and poultry farmersNo testing delays expected from strike, UC-Davis reallocates testingMillions of California egg-l...Reuters
Mon, Mar 3
US natural gas prices climb 2% on record flows to LNG export plants
US gas output hits record high in FebruaryUS LNG export feedgas hits record high in FebruaryOutput and LNG export feedgas on track to hit new records in MarchBy Scott DiSavino March 3 (Reuters) - U.S. natural gas futures climbed about 2% on Monday on record flows to liquefied natural gas (LNG) ex...Reuters
Mon, Mar 3
Russia says fire at Ufa oil refinery extinguished, was caused by technical issue
Local authorities say no trace of any drone attackPlant continued operationsUkraine has attacked Russia's energy facilities with dronesAdds description of a possible damaged unit in paragraph 7 March 3 (Reuters) - A fire that broke out on Monday at the Ufimsky oil refinery, one of Russia'...Reuters
Mon, Mar 3
BRIEF-Occidental Announces Offer To Exercise Warrants At A Temporarily Reduced Price
March 3 (Reuters) - Occidental Petroleum Corp OXY.N:OCCIDENTAL ANNOUNCES OFFER TO EXERCISE WARRANTS AT A TEMPORARILY REDUCED PRICEOCCIDENTAL PETROLEUM CORP: TEMPORARILY REDUCED EXERCISE PRICE OF $21.30OCCIDENTAL PETROLEUM CORP: NO MINIMUM PARTICIPATION REQUIREMENT WITH RESPECT TO OFFER.OCCIDENTAL PE...Reuters
Mon, Mar 3
Baker Hughes and Frontier Infrastructure enter carbon capture partnership
March 3 (Reuters) - Baker Hughes BKR.O on Monday announced a partnership with Frontier Infrastructure to accelerate the development of the latter's large-scale carbon capture and storage (CCS) and power solutions in the United States.The oilfield services provider added it would provide technolo...Reuters
Mon, Mar 3
CBOT Trends-Wheat up 1-2 cents, corn down 1-3, soy down 2-3
CHICAGO, March 3 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Monday.WHEAT - Up 1 to 2 cents per bushel* Wheat futures Wv1 rose from one-month lows hit on Friday as export-boosting dollar ...Reuters
Mon, Mar 3
