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PRECIOUS-Gold falls nearly 2% after report of US sending more troops to Middle East
US dollar and Treasury yields extend gains Silver, platinum and palladium head for weekly fall By Ashitha Shivaprasad March 20 (Reuters) - Gold prices fell nearly 2% on Friday as the dollar strengthened after reports that the U.S. will deploy thousands of additional troops in the Middle East, fur...Reuters
Fri, Mar 20
GLOBAL LNG-Asia spot LNG prices at highest level since end-2022 following Iran's attacks on Qatar
Iranian strikes knock out 17% of Qatar's LNG export capacity - QatarEnergy CEOAsian and European gas prices rise, intensify inter-basin competitionHigher LNG prices lead to demand destruction in South AsiaColder temperatures in Europe add to bullish gas price momentumBy Marwa Rashad LONDON, M...Reuters
Fri, Mar 20
France boards tanker it says is linked to Russian shadow fleet in Mediterranean
France seizes Mozambique-flagged oil tankerWestern sanctions lead to rise of Russian shadow fleetMacron says Iran war will not distract from stopping RussiaBy John Irish, Marc Leras and Gianluca Lo Nostro PARIS, March 20 (Reuters) - The French Navy seized an oil tanker on Friday in the Western Me...Reuters
Fri, Mar 20
Canada offers financial aid to farmers and companies affected by Iran war price spikes
By Ed White WINNIPEG, Manitoba, March 20 (Reuters) - Canada's federally backed farm lender is offering financial aid to farmers, agricultural businesses and food companies hit by the spike in fertilizer and energy prices, it said on Friday.Borrowers from the Farm Credit Canada program will be...Reuters
Fri, Mar 20
Glenfarne Texas LNG Project To Use Kiewit Offshore Services For In-State Fabrication Of Liquefaction Modules
March 20 (Reuters) - Texas LNG:GLENFARNE TEXAS LNG PROJECT TO USE KIEWIT OFFSHORE SERVICES FOR IN-STATE FABRICATION OF LIQUEFACTION MODULESTEXAS LNG: REMAINS ON SCHEDULE FOR Q2 2026 FINAL INVESTMENT DECISIONFurther company coverage: [ ]Reuters
Fri, Mar 20
Indian gas tankers getting ready to sail through Hormuz, data shows
Indian LPG tankers Pine Gas and Jag Vasant prepare to sail through HormuzNo crude oil tankers travelled through Hormuz in past 24 hours, data showsIndia supports safe passage for its 22 vessels in the GulfBy Nidhi Verma and Jonathan Saul NEW DELHI, March 20 (Reuters) - Two Indian-flagged liquefie...Reuters
Fri, Mar 20
SoftBank, AEP in public-private deal to build out natural gas power in Ohio
WASHINGTON, March 20 (Reuters) - The U.S. Energy Department on Friday announced a partnership with SB Energy, a SoftBank Group company 9434.T and AEP AEP.O to build 9.2 gigawatts of natural gas power in Ohio. The public-private partnership includes $33.3 billion in funding from Japan, the department...Reuters
Fri, Mar 20
US to deploy of thousands of additional troops to the Middle East, officials say
WASHINGTON, March 20 (Reuters) - The United States military is deploying thousands of additional Marines and Sailors to the Middle East, three U.S. officials told Reuters on Friday.One of the officials, speaking on the condition of anonymity, said that the USS Boxer, along with the Marie Expeditiona...Reuters
Fri, Mar 20
US natural gas futures drop 2% on output rise, milder weather forecasts
U.S. natural gas futures fall 2% on rising output, mild weather forecastsWaha Hub prices negative for 31 days due to pipeline constraintsU.S. LNG exports remain high as global price surges from Iran warBy Scott DiSavino NEW YORK, March 20 (Reuters) - U.S. natural gas futures slid about 2% on Frid...Reuters
Fri, Mar 20
Indian gas tankers getting ready to sail through Hormuz, data shows
NEW DELHI, March 20 (Reuters) - Two Indian-flagged liquefied petroleum gas tankers are preparing to sail through the Strait of Hormuz in coming days after a pause in voyages with no crude oil tankers leaving the waterway in the past 24 hours, according to shipping data and sources. The two tankers w...Reuters
Fri, Mar 20
Tanker carrying fuel originally bound for Cuba diverts to Trinidad -shipping data
March 20 (Reuters) - A tanker carrying fuel originally bound for Cuba on Friday changed its destination to Trinidad and Tobago, according to LSEG ship tracking data, a blow for the island amid a severe fuel scarcity that has been triggering power blackouts.Reuters
Fri, Mar 20
Removing sanctions on Iran oil will bring supply to ports, US energy secretary says
WASHINGTON, March 20 (Reuters) - Removing sanctions on stranded Iranian oil would get supplies to Asia within three or four days, U.S. Energy Secretary Chris Wright said on Friday.Treasury Secretary Scott Bessent said on Thursday the U.S. may soon remove sanctions on Iranian oil stranded on tankers ...Reuters
Fri, Mar 20
PRECIOUS-Gold rises but face third straight weekly drop on higher rate outlook
Spot gold hit its lowest level since February 2 on ThursdaySilver, platinum and palladium head for weekly fall By Ashitha Shivaprasad March 20 (Reuters) - Gold prices firmed on Friday but remained on course for a third consecutive weekly decline, due to expectations of a hawkish stance from major...Reuters
Fri, Mar 20
ANALYSIS-Ultra-low-cost airlines made risky bet on fuel-efficient planes
Frontier confident in handling volatile fuel prices, raises faresNew planes are costly to park if demand drops, says Deutsche Bank analystFrontier's fleet is 85% fuel-efficient Airbus A320neo aircraftSpirit to return or sell newer jets due to high costs, analyst saysBy Doyinsola Oladipo and Shiv...Reuters
Fri, Mar 20
CBOT Trends-Wheat down 6-10 cents, corn down 3-4 cents, soybeans unchanged to down 3 cents
CHICAGO, March 20 (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. CDT (1330 GMT) on Friday: WHEAT - Down 6 to 10 cents per bushelWheat futures retreated on profit-taking, as traders continue to track d...Reuters
Fri, Mar 20
ANALYSIS-Ultra-low-cost airlines made risky bet on fuel-efficient planes
Frontier confident in handling volatile fuel prices, raises faresNew planes are costly to park if demand drops, says Deutsche Bank analystFrontier's fleet is 85% fuel-efficient Airbus A320neo aircraftSpirit to return or sell newer jets due to high costs, analyst saysBy Doyinsola Oladipo and Shiv...Reuters
Fri, Mar 20
Citi sees downside for U.S. gas, lifts European TTF and Asian JKM LNG forecast for Q2, 2026
March 20 (Reuters) - Citi said on Friday it is maintaining a downside bias on U.S. Henry Hub natural gas prices, citing persistent oversupply, while lifting its global gas forecasts on the risk of LNG supply disruptions.The bank said European TTF prices could average 75 euros/MWh ($25.4/MMBtu) in th...Reuters
Fri, Mar 20
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
March 20 (Reuters) - A surge in jet fuel prices, driven by the U.S.-Israeli war on Iran, has upended the global aviation industry, prompting airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85-$90 per barrel to $150-$200 per barrel in recent days for an indust...Reuters
Fri, Mar 20
After Israel talks, French minister sees no obvious short-term end to Middle East war
By Alexander CornwellNEAR TEL AVIV, Israel, March 20 (Reuters) - France's Foreign Minister Jean-Noel Barrot said on Friday he did not see an obvious end to the conflict in the Middle East in the short-term, but that France and its allies would continue to work towards trying to find a lasting so...Reuters
Fri, Mar 20
Tesla plans India push into energy storage as it expands beyond cars, job ad shows
By Aditi Shah NEW DELHI, March 20 (Reuters) - Tesla TSLA.O is preparing to enter India's industrial energy storage market, according to a job ad on its website, pitting it against companies controlled by Mukesh Ambani and Gautam Adani as they deepen investment in the sector as the grid shifts...Reuters
Fri, Mar 20
