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Zelenskiy taunts Hungary's Orban for blocking aid to Ukraine
Zelenksiy taunts that Ukrainian soldiers will have words with OrbanHungarian PM accused Kyiv of deliberately stopping Russian oilOrban made war in Ukraine a focal point of his election campaignHe repeatedly held up an EU aid package for Ukraine By Olena Harmash KYIV, March 5 (Reuters) - President...Reuters
Thu, Mar 5
WRAPUP 3-More tankers come under attack as US-Iran conflict spreads in the region
Nine vessels attacked since U.S.-Iran conflict began BP evacuates foreign staff from Iraqi oil field due to dronesPutin considers halting gas exports to Europe By Jonathan Saul and Anna Hirtenstein March 5 (Reuters) - More tankers came under attack in Gulf waters on Thursday as the U.S.–Iran war ...Reuters
Thu, Mar 5
PRECIOUS-Gold falls as rising yields, firm dollar eclipse safe‑haven demand
Bombing of Tehran intensifies as war enters day sixFed report says US economic activity rose a bit in recent weeksUS weekly jobless claims unchanged last weekFebruary US employment report due on FridayBy Anmol Choubey March 5 (Reuters) - Gold prices reversed course on Thursday, erasing earlier ga...Reuters
Thu, Mar 5
Toyota To Cut Output By Nearly 40,000 For Mideast-Bound Vehicles, Nikkei Reports
March 5 (Reuters) - Nikkei:TOYOTA TO CUT OUTPUT BY NEARLY 40,000 FOR MIDEAST-BOUND VEHICLESTOYOTA MOTOR WILL PRODUCE NEARLY 40,000 FEWER VEHICLES HEADED FOR MIDDLE EASTERN MARKETSPRODUCTION OF FEWER VEHICLES HEADED FOR MIDDLE EASTERN MARKETS IN RESPONSE TO LOGISTICAL CONCERNS STEMMING FROM U.S.-LED ...Reuters
Thu, Mar 5
US opposes IAEA board resolution condemning attacks on Ukraine's power grid
Agency's 35-state board passes seventh text since invasionUnited States has not opposed a Ukraine resolution beforeOnly three others opposed, including China and RussiaFollows abstention at UN General Assembly last monthBy Francois Murphy VIENNA, March 5 (Reuters) - The United States joined R...Reuters
Thu, Mar 5
CORRECTED-RPT-POLL-US natural gas stockpiles likely fell by 121 billion cubic feet last week (March 4)
March 4 (Reuters) - U.S. energy firms likely pulled an above-normal 121 billion cubic feet of natural gas from storage last week, according to the average estimate in a Reuters poll released on Wednesday. That figure compares with a withdrawal of 106 bcf during the same week a year ago and a...Reuters
Thu, Mar 5
Perishables to plane parts stranded as Middle East conflict hits air cargo
Conflict in Iran grounds flights across Middle EastMiddle Eastern carriers account for 13% of global air cargo marketConflict reduced global air cargo capacity by 22%, Aevean saysSpot rates expected to jump on Asia-Europe routes, analyst says By Allison Lampert, Lisa Baertlein, Julie Zhu and Tim Hep...Reuters
Thu, Mar 5
CORRECTED-POLL-US natural gas stockpiles likely fell by 121 billion cubic feet last week (March 4)
March 4 (Reuters) - U.S. energy firms likely pulled an above-normal 121 billion cubic feet of natural gas from storage last week, according to the average estimate in a Reuters poll released on Wednesday. That figure compares with a withdrawal of 106 bcf during the same week a year ago and a five-ye...Reuters
Thu, Mar 5
Cuba says power grid back online, blames US oil blockade for blackout
US cut off Venezuelan oil, threatened tariffs on other exporters to CubaCuba's power grid becomes vulnerable when power generation is depressedEnergy capacity still low but gradually coming back online, Cuba saysBy Daniel Trotta HAVANA, March 5 (Reuters) - Cuba brought its national electrical...Reuters
Thu, Mar 5
US natgas prices rise ahead of storage report on higher demand forecast
Higher than usual gas withdrawal expected due to winter stormWaha Hub prices negative for 20th consecutive dayQatarEnergy halts LNG production after Iran attackBy Scott DiSavino NEW YORK, March 5 (Reuters) - U.S. natural gas futures edged up about 1% on Thursday on forecasts of higher demand this...Reuters
Thu, Mar 5
Codelco, Microsoft sign AI deal for mining operations
SANTIAGO, March 5 (Reuters) - Chile's state-owned Codelco, the world's largest copper producer, and Microsoft signed a memorandum of understanding to evaluate joint initiatives in artificial intelligence, advanced analytics, automation and digital security, the miner said on Thursday. KEY CO...Reuters
Thu, Mar 5
Greek seafarers strike over crews stranded in the Gulf by Iran war
PIRAEUS, Greece, March 5 (Reuters) - Greek seafarers began a 24-hour strike on Thursday, halting local ferry services, as they protested over vessel crews stranded in the Gulf amid the escalating Middle East war, and demanded the area is declared a war risk zone to enable their repatriation. The Ir...Reuters
Thu, Mar 5
CBOT Trends-Wheat up 4-6 cents, corn up 2-4 cents, soy up 1-3 cents
CHICAGO, March 5 (Reuters) - The 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 Thursday: WHEAT - Up 4 to 6 cents per bushelShort-covering and rising oil prices supported CBOT grains as the U.S.-Isr...Reuters
Thu, Mar 5
Gold Reserve to return to mining operations in Venezuela
March 5 (Reuters) - Gold Reserve GRZ.V said on Thursday it plans to resume mining in Venezuela, marking a return to the country nearly 17 years after the Venezuelan government seized control of the company's Brisas gold mine.Last month, the company had hired brokerage Cantor Fitzgerald's Can...Reuters
Thu, Mar 5
RPT-ROI-Jet fuel's huge price surge points to coming pain from Iran war: Russell
By Clyde Russell LAUNCESTON, Australia, March 5 (Reuters) - The explosion in jet fuel prices in Asia is an early indicator that the economic pain of the war in the Middle East is about to become reality for energy consumers.Jet fuel prices in Asia's trading hub Singapore rocketed 72% to $225....Reuters
Thu, Mar 5
India seeks US marine cover for Middle East energy cargoes, source says
By Nidhi Verma and Krishna N. Das NEW DELHI, March 5 (Reuters) - India is in talks with the United States to secure marine cover for vessels shipping oil from the Middle East, as New Delhi seeks to shield buyers from potential supply disruptions caused by the crisis in the Gulf, a government offi...Reuters
Thu, Mar 5
Romania extends gas price cap for households until April 2027, PM says
BUCHAREST, March 5 (Reuters) - Romania is extending a gas price cap for households by a year until April 2027, Prime Minister Ilie Bolojan said on Thursday.Gas prices will not exceed 0.31 lei ($0.0708) per kilowatt hour, the energy minister added. ($1 = 4.3811 lei)Reuters
Thu, Mar 5
WTI struggles to hold above $76 on hopes of de-escalating Middle East conflict
West Texas Intermediate (WTI), futures on NYMEX, are up 2% to near $76.00 during the European trading session on Thursday. The Oil price trades firmly but struggles to stabilize above the $76.00 hurdle due to signs of de-escalation in conflicts between the United States (US), Israel, and Iran.
Fxstreet
Thu, Mar 5
BP's foreign staff evacuated from Iraq oilfield after drones landed in field, sources say
BASRA, March 5 (Reuters) - Foreign staff were evacuated from Iraq's giant Rumaila oilfield, run by British energy major BP BP.L, after two unidentified drones landed inside the field on Thursday, three Iraqi oil industry sources told Reuters."We are taking all necessary steps to support our ...Reuters
Thu, Mar 5
