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Oil Prices Drop as U.S. Crude Inventories Show an Increase
BEIJING, March 18 (Reuters) - Oil prices slightly fell on Wednesday morning after sources citing American Petroleum Institute figures showed an increase in U.S. crude inventories.
Reuters
Wed, Mar 18
Five people die in fire outside Pemex's Olmeca refinery in Mexico
MEXICO CITY, March 17 (Reuters) - Five people died outside Mexico's Olmeca oil refinery after "oily waters" around the perimeter caught fire, state-run oil firm Pemex said on Tuesday, the latest incident at the flagship project of former President Andres Manuel Lopez Obrador.One of those...
Reuters
Wed, Mar 18
Silver Price Forecast: XAG/USD consolidates above $79.00; bearish bias intact ahead of Fed
Silver (XAG/USD) lacks a firm intraday direction and oscillates in a narrow range during the Asian session on Wednesday as traders opt to wait on the sidelines ahead of the crucial FOMC rate decision.
Silver
Fxstreet
Wed, Mar 18
Us Targets Iranian Missile Sites Near the Strait of Hormuz
The United States military said that it targeted sites along Iran’s coastline near the Strait of Hormuz, one of the world’s most critical energy chokepoints, because Iranian anti-ship missiles posed a risk to international shipping there, Reuters reported on Wednesday.
Fxstreet
Wed, Mar 18
WTI Rises Above $95.00 as Iran's Attacks on Facilities Fuel Supply Fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.00 during the early Asian trading hours on Wednesday. The WTI price climbs amid intensifying Middle East conflict and severe supply disruptions.
WTI
Fxstreet
Wed, Mar 18
Gold holds steady near $5,000 ahead of Fed rate decision
Gold price (XAU/USD) trades on a flat note near the $5,000 psychological level during the early Asian session on Wednesday. Traders are cautious ahead of the US Federal Reserve (Fed) interest rate decision.
Gold
Fxstreet
Wed, Mar 18
South Korea to curb naphtha exports, roll out emergency support as Middle East risks rise
SEOUL, March 18 (Reuters) - South Korea will limit naphtha exports and temporarily designate the feedstock as a supply-chain economic security item, Finance Minister Koo Yun-cheol said on Wednesday.The government will also expand financial support for affected companies by 1.5 trillion won ($1.01 bi...
Reuters
Tue, Mar 17
Iran confirms Israeli strikes killed top security chief
The Israeli military said Iran's top security official, Ali Larijani, and the head of the paramilitary Basij force, Gholamreza Soleimani, have been killed in Israeli air strikes, BBC reported on Tuesday.
WTI
Fxstreet
Tue, Mar 17
BP locks out union workers at its Midwest refinery
March 17 (Reuters) - BP BP.L on Tuesday barred about 800 United Steelworkers members from its 440,000 barrel-per-day refinery in Whiting, Indiana starting at 12:00 a.m. on March 19 after negotiations with the union broke down.The company canceled its 24‑hour rolling contract extension and issued the...
Reuters
Tue, Mar 17
LIVESTOCK-CME cattle firm on meatpacking strike, falling corn prices
CHICAGO, March 17 (Reuters) - Chicago Mercantile Exchange cattle futures headed up on Tuesday as workers at a processing plant went on strike, corn prices fell, and the dryness threatened herds.Workers have gone on strike at a large JBS meatpacking plant in Greeley, Colorado, which is likely to redu...
Reuters
Tue, Mar 17
US Plains HRW Wheat-Basis flat; forecasts call for hot, dry weather
CHICAGO, March 17 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the southern U.S. Plains on Tuesday while declines in wheat futures, coupled with uncertainty about crop prospects, kept farmer sales to a minimum, merchandisers said.Protein premiums for railcar wheat to or t...
Reuters
Tue, Mar 17
American Air looks to boost liquidity, prepares new jet order- Bloomberg News
-- Source link: https://tinyurl.com/kzhvc4t4-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Tue, Mar 17
CIF/FOB Gulf Grain-Soy basis bounces from prior-day drop, corn bids steady-firm
CHICAGO, March 17 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals rebounded on Tuesday from prior-day declines on a slowdown in farmer sales and renewed optimism about Chinese demand, traders said.U.S. President Donald Trump said a highly anticipated trip to Ch...
Reuters
Tue, Mar 17
DTE Energy enters into supply deal with Alphabet's Google
March 17 (Reuters) - DTE Energy DTE.N said on Tuesday its subsidary DTE Electric signed a primary supply agreement and a clean capacity accelerator agreement (CCAA) to provide electric services and energy storage capacities to Alphabet's GOOGL.O Google.U.S. power demand reached record highs in 2...
Reuters
Tue, Mar 17
Brazil to negotiate soybean inspection framework after Chinese complaints, minister says
Brazil denies reports of eased soybean inspection rulesOfficials to propose sanitary protocol in China next weekTraders complain tighter checks slow shipments, raise costs during peak seasonBy Gabriel Araujo SAO PAULO, March 17 (Reuters) - Brazilian Agriculture Minister Carlos Favaro said on Tues...
Reuters
Tue, Mar 17
GRAINS-Soybeans regain ground as Trump postpones meeting with Xi
By Renee Hickman CHICAGO, March 17 (Reuters) - Chicago soybean futures climbed on Tuesday as U.S. President Donald Trump said he would postpone a meeting scheduled with China's President Xi Jinping.Trump had earlier said the meeting could be delayed, causing doubts over Chinese demand for the...
Reuters
Tue, Mar 17
United States API Weekly Crude Oil Stock registered at 6.6M above expectations (-0.6M) in March 13
United States API Weekly Crude Oil Stock registered at 6.6M above expectations (-0.6M) in March 13
Fxstreet
Tue, Mar 17
CBOT wheat falls after severe cold passes
CHICAGO, March 17 (Reuters) - Chicago Board of Trade wheat futures fell on Tuesday as a cold weather snap in the U.S. Plains ended and Russian wheat presented competition for U.S. crops. Wheat futures fell as a cold weather event in the U.S. Plains passed after stressing crops already experiencing d...
Reuters
Tue, Mar 17
Venezuelan opposition leader Machado to participate in Houston energy conference next week
HOUSTON, March 17 (Reuters) - Venezuelan opposition leader and Nobel Peace prize winner Maria Corina Machado is scheduled to participate in the CERAWeek conference by S&P in Houston next week, according to the event's agenda and members of her media team.At least two panels to discuss Venezu...
Reuters
Tue, Mar 17
Transalta Corp Doe Mandates Centralia Unit 2 Remain Available For Operation Until June 14, 2026
March 17 (Reuters) - TransAlta Corp TA.TO:TRANSALTA CORP - DOE MANDATES CENTRALIA UNIT 2 REMAIN AVAILABLE FOR OPERATION UNTIL JUNE 14, 2026TRANSALTA CORP: CO EVALUATING ORDER, WILL WORK WITH STATE AND FEDERAL GOVERNMENTS IN RELATION THERETO
Reuters
Tue, Mar 17
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