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South Bow launches open season for partial Keystone XL revival
March 5 (Reuters) - Canadian pipeline operator South Bow SOBO.TO said on Thursday it has launched a formal open season to solicit binding long-term transportation commitments to revive parts of the Keystone XL line from Hardisty, Alberta, to U.S. delivery points.The open season runs until March 30, ...Reuters
Thu, Mar 5
US tentatively approves budget carrier Wizz Air's request to operate UK-US flights
WASHINGTON, March 5 (Reuters) - The U.S. Transportation Department on Thursday granted tentative approval for budget carrier Wizz Air WIZZ.L to operate flights between the UK and the United States.The airline's UK subsidiary petitioned in January for a foreign air carrier permit to operate fligh...Reuters
Thu, Mar 5
Oilfield in Iraqi Kurdistan halts production after drone strike, sources say
March 5 (Reuters) - A drone attack struck an oilfield operated by U.S. firm HKN Energy in Iraq’s Kurdistan region on Thursday, causing a fire and halting production, security sources and an oilfield engineer said.The Sarsang field produces about 30,000 barrels of oil per day and is operated by HKN E...Reuters
Thu, Mar 5
Syria opens Mediterranean-Aleppo air corridor that could help ease regional snarl
By Feras DalateyDAMASCUS, March 5 (Reuters) - Syria has opened a newly reactivated air corridor from the northern city of Aleppo toward the Mediterranean Sea for use by foreign airlines as well as its national carrier, the head of the country’s Civil Aviation Authority told Reuters on Thursday, as a...Reuters
Thu, Mar 5
LIVESTOCK-CME cattle end mixed in choppy trading
By Heather Schlitz CHICAGO, March 5 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures were mixed on Thursday after spending the day seesawing as tight supply of cattle and high beef prices supported prices, though weak cash cattle prices and concerns over beef demand weighed ...Reuters
Thu, Mar 5
US Cash Grains-Soy basis bids slip at some Midwest processors
CHICAGO, March 5 (Reuters) - Basis bids were lower for soybeans at some processing facilities in the U.S. Midwest on Thursday following recent sales by farmers, dealers said.Bids were largely steady to higher for corn at grain elevators and processors.Soy basis bids eased at processors in Decatur, I...Reuters
Thu, Mar 5
CME cuts Gold and Silver margins
March 5 (Reuters) - CME Group CME.O on Thursday cut the initial margin on its COMEX 100 gold futures 0#GC: to 7% from 9% and lowered the initial margin on its COMEX 5,000 silver futures to 14% from 18%."The rates will be effective after the close of business on March 06, 2026,"...Reuters
Thu, Mar 5
Costco Wholesale beats quarterly comparable sales estimates
March 5 (Reuters) - Costco Wholesale COST.O beat Wall Street estimates for second-quarter comparable sales on Thursday, helped by resilient holiday-season demand for affordable essentials as well as "nice-to-have" items at its membership-only stores.The company's quarterly same-store sal...Reuters
Thu, Mar 5
Flights for US citizens stuck in Middle East ramping up, State Dept says
Government-organized charter flights began on WednesdayUS embassy in Kuwait suspends operationsState Department says it has helped 10,000 Americans seeking to leave regionBy Simon Lewis WASHINGTON, March 5 (Reuters) - The U.S. State Department said on Thursday it was ramping up charter flights fr...Reuters
Thu, Mar 5
CBOT wheat higher on fund buying, spillover strength
CHICAGO, March 5 (Reuters) - Chicago Board of Trade wheat futures ended higher on Thursday on support from managed money buying and spillover strength from rising corn futures.Broad-based fund buying of wheat and other agricultural commodities as a hedge against inflation has boosted prices.The U.S....Reuters
Thu, Mar 5
GRAINS-Chicago grains rise alongside crude oil with focus on Iran conflict
Wheat, corn and soybeans recoup Wednesday's small lossesFresh crude oil rally keeps focus on Iran conflictHigher dollar and ample grain supply curb price gainsBy Heather Schlitz CHICAGO, March 5 (Reuters) - Chicago grain and soybean futures closed higher on Thursday, supported by rising crude...Reuters
Thu, Mar 5
Amazon down for thousands of users in US, Downdetector shows
March 5 (Reuters) - Amazon AMZN.O was down for thousands of users on Thursday, according to Downdetector.com.There were more than 19,700 reports of issues with the e-commerce website as of 03:06 p.m. ET, according to Downdetector, which tracks outages by collating status reports from a number of sou...Reuters
Thu, Mar 5
US natgas prices climb 3% on big storage withdrawal, US-Iran war energy supply concerns
US gas prices rise along with global LNG supply issuesEIA reports higher-than-expected storage withdrawalLSEG forecasts lower US gas demand next weekBy Scott DiSavino NEW YORK, March 5 (Reuters) - U.S. natural gas futures climbed about 3% on Thursday on a bigger-than-expected storage withdraw...Reuters
Thu, Mar 5
CBOT soybeans gain as crude oil rallies
CHICAGO, March 5 (Reuters) - Chicago Board of Trade soybean futures lifted on Thursday, supported by higher crude oil prices as the conflict in the Middle East continued to disrupt supply.Crude oil rose sharply on Thursday as the ongoing closure of the Strait of Hormuz continued to disrupt Middle Ea...Reuters
Thu, Mar 5
CBOT corn higher on crude oil rally
CHICAGO, March 5 (Reuters) - Chicago Board of Trade corn futures settled higher on Thursday on support from rallying crude oil prices.Crude oil rose sharply on Thursday as the ongoing closure of the Strait of Hormuz continued to disrupt Middle East supply and led some refineries in other parts of th...Reuters
Thu, Mar 5
China in talks with Iran to allow safe oil and gas passage through Hormuz, sources say
By Jonathan Saul and Marwa Rashad LONDON, March 5 (Reuters) - China is in talks with Iran to allow crude oil and Qatari liquefied natural gas vessels safe passage through the Strait of Hormuz as the U.S.-Israeli war on Tehran intensifies, three diplomatic sources told Reuters.The war, which enter...Reuters
Thu, Mar 5
Sri Lanka offloads 208 crew members from second Iranian ship a day after US strike sinks frigate
Sri Lanka secures access to second shipBegins offloading 208 crew membersNo immediate details on type of shipIran wants bodies repatriated from previous sunk frigateSearches still ongoing for survivorsBy Uditha Jayasinghe GALLE, Sri Lanka, March 5 (Reuters) - Sri Lanka started to offload 208 ...Reuters
Thu, Mar 5
