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EU eyes energy tax cuts, subsidies to ease Iran war impact
EU exposed to price surges by reliance on imported energy EU leaders ask Brussels to prepare 'targeted temporary measures'Divisions over weakening EU carbon market to cut costs By Kate Abnett BRUSSELS, March 20 (Reuters) - European Union leaders called on Thursday for temporary measures t...Reuters
Fri, Mar 20
WTI drifts lower to near $93.50 as US and Israeli leaders seek to calm Middle East war concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $93.50 during the early Asian trading hours on Friday. The WTI price declines as the leaders of the US and Israel sought to reassure traders rattled by damage to major Persian Gulf energy facilities.
Fxstreet
Fri, Mar 20
USDA attache sees China 2026/27 corn imports steady at 8 million T
March 19 (Reuters) - Following are selected highlights from a report issued on Thursday by the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service post in Beijing: "China's MY (marketing year) 2026/27 total feed and residual use of major grains is forecast to increase sl...Reuters
Fri, Mar 20
Korea Gas Corp says has sufficient capability to respond to supply and demand crises
SEOUL, March 20 (Reuters) - South Korea's state-run Korea Gas Corp said on Friday it has inventory levels of liquefied natural gas (LNG) exceeding mandatory reserve requirements, and it has sufficient capabilities to respond to supply and demand crises.Reuters
Fri, Mar 20
EU exec to propose lower electricity taxes to counter Iran price shock
BRUSSELS, March 20 (Reuters) - The European Commission will propose that EU countries cut taxes on electricity and subsidise prices as a quick way to soften the energy price shock caused by the U.S.-Israeli war on Iran, Commission head Ursula von der Leyen told a news conference. "In some cases,...Reuters
Thu, Mar 19
EXPLAINER-What are the EU's options to curb energy bills?
By Kate Abnett BRUSSELS, March 19 (Reuters) - European Union leaders on Thursday asked the European Commission to prepare temporary measures to curb energy prices, which have soared during the Iran war and piled pressure on already-struggling European industries.Here's why prices are risi...Reuters
Thu, Mar 19
LIVESTOCK-CME cattle futures drop as corn futures climb, boxed beef dips
CHICAGO, March 19 (Reuters) - Chicago Mercantile Exchange feeder cattle futures ticked down on Thursday for a second session in a row as Chicago Board of Trade corn futures Cv1 moved up. Live cattle also fell as boxed beef values headed down.CME April feeders FCJ26 finished down 3.45 cents at 355.27...Reuters
Thu, Mar 19
CORRECTED-Carney climate plan at risk as Canadian oil companies stress need to boost production
Negotiations with Alberta on carbon pricing face delays, sources sayOil sands companies resist federal carbon pricing proposalCanada's climate targets at risk amid rising oil productionBy Amanda Stephenson CALGARY, March 18 (Reuters) - A key plank of Canadian Prime Minister Mark Carney's ...Reuters
Thu, Mar 19
Locked out BP workers picket outside Indiana refinery amid labor contract dispute
BP locks out 800+ union members amid contract disputeUnion claims BP demands job cuts, wage reductions, and loss of bargaining rightsBP insists lockout justified, no expected impact on operationsBy Nicole Jao NEW YORK, March 19 (Reuters) - Workers at BP’s BP.L Whiting, Indiana, refinery began pic...Reuters
Thu, Mar 19
Canada's Orla Mining beats Q4 adjusted EPS expectations on production growth
OverviewCanada gold miner's Q4 revenue rose yr/yr, adjusted EPS beat analyst expectationsAdjusted EPS for Q4 beat consensus, driven by Musselwhite mine integration and production growthCompany paid inaugural quarterly dividend in February 2026, announced in late 2025OutlookOrla sees 2026 gold pr...Reuters
Thu, Mar 19
BREAKINGVIEWS-Energy shock will make hoarding the new normal
By Una Galani HONG KONG, March 20 (Reuters Breakingviews) - The Middle East conflict will permanently alter how governments think about energy stockpiles. As countries converge on China's model of prioritising resilience over efficiency, national hoarding will become more common. It should ke...Reuters
Thu, Mar 19
EU leaders call for moratorium on strikes against energy and water facilities in Middle East
BRUSSELS, March 19 (Reuters) - Leaders from the European Union's 27 countries called for de-escalation in Iran and the wider region on Thursday as well as a moratorium on striking critical infrastructure, amid growing concerns about the impact of the Iran war on the global economy. Leaders discu...Reuters
Thu, Mar 19
Phillips 66 Borger, Texas, Refinery Reports Emissions
March 19 (Reuters) - Phillips 66 PSX.N:REPORTS EMISSIONS FROM U29 FCCU 29P1 AT JV BORGER, TEXAS, REFINERY REPORTS AN AGENCY REPORTABLE EXCESS OPACITY EMISSION EVENT OCCURRED ON MARCH 19, 2026 AT THE U29 FCCUSAYS THE EVENT WAS REPORTABLE DUE TO EMISSIONS RESULTING IN OPACITY GREATER THAN 35% ON A 6-M...Reuters
Thu, Mar 19
Canada's Hammond Power Solutions Q4 sales beat estimates, driven by strong US demand
OverviewCanada transformer maker's Q4 sales rose 22%, beating analyst expectationsQ4 adjusted EPS of C$1.98 beat analyst expectationsCompany backlog rose 122% yr/yrOutlookCompany says backlog at Dec 31, 2025 provides meaningful revenue visibility entering 2026Hammond Power expects expanded capac...Reuters
Thu, Mar 19
EU leaders to ask Brussels to help on energy price surge linked to Iran war
BRUSSELS, March 19 (Reuters) - EU leaders will ask the European Commission to help their countries take temporary and targeted measures to curb the surge in energy prices triggered by the Iran war, according to draft joint conclusions seen by Reuters. The draft document also said any measures should...Reuters
Thu, Mar 19
US Cash Crude-Grades firm to multi-year highs as WTI/Brent spread widens on Iran crisis
HOUSTON, March 19 (Reuters) - U.S. coastal cash crude oil grades eased marginally on Thursday after touching multi-year highs in recent sessions, dealers said, even as the discount for U.S. crude futures versus Brent widened to its most in 13 years. The premium of WTI at East Houston, also known as ...Reuters
Thu, Mar 19
CORRECTED-CBOT wheat firmed as war cuts off fertilizer supplies
CHICAGO, March 19 (Reuters) - Chicago Board of Trade wheat futures ticked up on Thursday as fertilizer became harder to access, analysts said. But Kansas City winter wheat gave up some of Wednesday's steep gains as showers were forecast in the parched U.S. Southern Plains. The U.S.-Israeli war o...Reuters
Thu, Mar 19
CIF/FOB Gulf Grain-Corn, soybean basis bids steady-firm on slow farmer sales
CHICAGO, March 19 (Reuters) - Spot basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals were steady to firmer on Thursday amid a slowdown in farmer sales, although gains were limited by easing barge freight costs, traders said.Chicago Board of Trade corn Cv1 and soybean Sv1...Reuters
Thu, Mar 19
WRAPUP 7-Natural gas prices soar as Iran, Israel strike Middle East energy infrastructure
Qatar says attack on LNG facility could take five years to repairQatar says it may have to declare force majeure on futures contractsAttacks are a doomsday scenario for natural gas, analyst saysBy Maha El Dahan, Andrew Mills and Yousef Saba March 19 (Reuters) - Natural gas prices in Europe su...Reuters
Thu, Mar 19
US official warns small airports could soon shut over TSA absences
By David Shepardson WASHINGTON, March 19 (Reuters) - U.S. Transportation Secretary Sean Duffy warned on Thursday that if a partial government shutdown continues, small airports could soon shut down as 50,000 airport security officers go without pay.Since Sunday, around 10% of Transportation Secur...Reuters
Thu, Mar 19
