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Vance to meet oil executives amid spiking gasoline prices, Bloomberg News reports
March 18 (Reuters) - U.S. Vice President JD Vance and other key Trump administration officials plan to meet with oil executives on Thursday, Bloomberg News reported on Wednesday, citing people familiar with the matter, amid spiking oil prices spurred by the Mideast conflict.The meeting will be held ...Reuters
Wed, Mar 18
Ten EU members press Brussels to keep giving industry free carbon permits
EU leaders summit on Thursday expected to address carbon marketIran war has increased government's concerns about energy costsTen EU members call for "thorough review of ETS" WARSAW, March 18 (Reuters) - Ten European Union member states have called on the bloc to keep handing out free...Reuters
Wed, Mar 18
US Cash Grains-Corn basis steady-firmer, soy bids steady
CHICAGO, March 18 (Reuters) - Cash basis bids for corn were mostly steady to slightly higher in the U.S. Midwest on Wednesday, as some grain handlers sought to woo farmers into selling their crops after the recent sharp slump in Chicago Board of Trade corn and soybean futures, dealers said.Meanwhile...Reuters
Wed, Mar 18
Gabbard cites reports that China, India have moved tankers through Strait of Hormuz
WASHINGTON, March 18 (Reuters) - Top U.S. spy Tulsi Gabbard on Wednesday cited unspecified reports that China, India and other countries have been able to move tankers through the Strait of Hormuz but it was not clear how much has been crossed through the channel controlled by Iran."There has b...Reuters
Wed, Mar 18
X back up after brief outage, Downdetector shows
March 18 (Reuters) - Elon Musk's social media platform X was back up after a brief outage for thousands of users in the U.S. on Wednesday, according to Downdetector.com. At its peak, there were more than 34,500 reports of issues with X, according to Downdetector, before coming down to 845 rep...Reuters
Wed, Mar 18
McEwen Copper plans $300 million IPO to finance Los Azules project in Argentina, executive says
By Lucila Sigal BUENOS AIRES, March 18 (Reuters) - Canadian miner McEwen Copper plans to carry out an initial public offering of about $300 million toward the end of this year in a financing push for its Los Azules copper project in Argentina, a company executive said. McEwen Copper is a subsidia...Reuters
Wed, Mar 18
Qatar's Ras Laffan evacuated as Iran threatens strikes on Gulf energy assets, source says
LONDON, March 18 (Reuters) - Qatar's Ras Laffan LNG installations are being evacuated, a source with knowledge of the matter told Reuters on Wednesday, following Iran's threat to attack Gulf energy facilities.Iran issued an evacuation warning for several oil facilities across Saudi Arabia, t...Reuters
Wed, Mar 18
White House says China agreed to postpone Trump's Beijing trip
WASHINGTON, March 18 (Reuters) - The White House said on Wednesday that China had agreed to postpone U.S. President Donald Trump's visit to Beijing, originally scheduled in just two weeks. Spokeswoman Karoline Leavitt said that the White House was working to secure a new date for the visit as so...Reuters
Wed, Mar 18
Egypt’s energy import bill more than doubles as global prices surge
Energy import costs increased 2-2.5 times since conflict beganNatural gas import bill nearly tripled to $1.65 billion monthlyGovernment plans energy-saving measures, including earlier closing hours and remote work CAIRO, March 18 (Reuters) - Egypt's energy import bill has more than doubled si...Reuters
Wed, Mar 18
Three private planes at Israel's Ben Gurion Airport damaged by Iran missile debris
TEL AVIV, March 18 (Reuters) - Three private planes parked at Ben Gurion Airport near Tel Aviv suffered "severe" damage after being hit by debris from Iranian missiles that were intercepted by Israeli air defence systems, the Israel Airports Authority said on Wednesday.The authority said the...Reuters
Wed, Mar 18
Japan to spend nearly $63 billion in second phase of US investment, Nikkei reports
March 19 (Reuters) - Japan is expected to spend around 10 trillion yen ($62.72 billion) in the second phase of its $550 billion U.S. investment pledge, targeting projects such as next-generation nuclear reactors and gas-fired power generation, the Nikkei reported on Thursday. The investment i...Reuters
Wed, Mar 18
Fuel tanker Sea Horse could reach Cuba on Monday, Financial Times reports
March 18 (Reuters) - The Hong Kong-flagged tanker Sea Horse carrying Russian gas is expected to reach Cuba on Monday, the Financial Times reported on Wednesday, citing Samir Madani, co-founder of monitoring service TankerTrackers.com.The newspaper added, also citing Madani, that the Russian-flagged ...Reuters
Wed, Mar 18
PRECIOUS-Gold drops to over one-month low on higher‑for‑longer rate outlook
Iran's huge Gulf gas field struck in major escalationFed likely to hold rates steady as Iran war shocks policy debateUS producer prices surge in FebruaryBy Ashitha Shivaprasad March 18 (Reuters) - Spot gold fell to a more than one-month low on Wednesday, pressured by a stronger dollar and a j...Reuters
Wed, Mar 18
Japan's Second Phase Of US Investment Pledge Seen Reaching $63Bn, Nikkei Says
March 18 (Reuters) - Nikkei:JAPAN'S SECOND PHASE OF US INVESTMENT PLEDGE SEEN REACHING $63BN MITSUBISHI HEAVY INDUSTRIES, TOSHIBA, OTHERS CONSIDERING PARTICIPATION IN WESTINGHOUSE ELECTRIC'S CONSTRUCTION OF LARGE NUCLEAR REACTORS 2ND PHASE OF JAPAN'S INVESTMENT, LOAN PLEDGE TARGETING PRO...Reuters
Wed, Mar 18
Anglo American expects final approval for Teck Resources merger around Q3, Brazil CEO says
SAO PAULO, March 18 (Reuters) - London-listed mining company Anglo American expects to get final regulatory approval for its merger with Teck Resources around the third quarter of this year, the company's Brazil CEO Ana Sanches said on Wednesday. Sanches was speaking at a forum on mining held in...Reuters
Wed, Mar 18
US Gulf Coast crude oil imports hit five-year high, EIA says
NEW YORK, March 18 (Reuters) - U.S. Gulf Coast commercial crude oil imports rose last week by 1.2 million barrels per day (bpd) to around 2.4 million bpd, the highest since July 2020, data from the U.S. Energy Information Administration showed on Wednesday.U.S. crude oil imports from Saudi Arabia al...Reuters
Wed, Mar 18
WTI Oil prices climb as Middle East war persists, Iraq-Turkey deal eases supply risks
West Texas Intermediate (WTI) US Oil trades around $97.50 at the time of writing on Wednesday, up 2.37% on the day, supported by persistent geopolitical risks despite some signs of easing supply concerns.
Fxstreet
Wed, Mar 18
REFILE-Three private planes at Israel's Ben Gurion Airport damaged by Iran missile debris
JERUSALEM, March 18 (Reuters) - Three private planes parked at Ben Gurion Airport near Tel Aviv suffered "severe" damage after being hit by debris from an Iranian missile, the Israel Airports Authority said on Wednesday.Reuters
Wed, Mar 18
Nigeria ride‑hailing drivers protest pricing as fuel costs rise
LAGOS, March 18 (Reuters) - Hundreds of Nigerian drivers who are signed up with ride-hailing services Uber, Bolt and inDrive protested on Wednesday in Lagos over low fares and high commissions while calling on the Lagos State Assembly to intervene and mandate higher pricing.Nigeria is one of Africa&...Reuters
Wed, Mar 18
