News
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Kuwait says an oil tanker hit in Iranian attack at Dubai port, warns of possible oil spill
March 31 (Reuters) - Kuwait Petroleum Corporation said a giant Kuwaiti crude oil tanker, Al Salmi, was directly targeted in what it described as an Iranian attack while anchored at Dubai port in the United Arab Emirates, causing damage to the vessel and a fire onboard, the state news agency KUNA sai...Reuters
14 minutes ago
LIVESTOCK-CBOT cattle futures climb on rising meat demand, stronger wholesale beef prices
By P.J. Huffstutter CHICAGO, March 30 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures turned higher on Monday, extending last week's rally on stronger wholesale prices and anticipated consumer demand for red meat ahead of grilling season, market analysts said.Weakness i...Reuters
16 minutes ago
Projectile strike set tanker ablaze near Strait of Hormuz, crew safe, UKMTO says
March 30 (Reuters) - A tanker ship caught fire near the Strait of Hormuz after a strike by an unknown projectile, United Kingdom Maritime Trade Operations said on Monday. The tanker was 31 nautical miles (57.4 km) northwest of Dubai when the projectile hit the tanker on its starboard side, UKMTO sai...Reuters
29 minutes ago
US crude oil futures rise over $2 as widening Middle East conflict raises supply concerns
March 31 (Reuters) - U.S. crude futures rose more than $2 in early Asia trade on Tuesday as the Middle East conflict deepened, raising supply concerns, while U.S. President Donald Trump warned Iran over its continued blockage of the Strait of Hormuz.U.S. West Texas Intermediate CLc1 crude gained $2....Reuters
53 minutes ago
FACTBOX-Price hikes, outlook cuts - What airlines are doing as fuel costs surge
March 30 (Reuters) - A surge in jet fuel prices driven by the U.S.-Israeli war on Iran has upended the global aviation industry, forcing airlines to raise fares and revise financial outlooks.Jet fuel prices have soared from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks, a financia...Reuters
57 minutes ago
CIF/FOB Gulf Grain-Corn barge basis steady-firm on solid export demand
CHICAGO, March 30 (Reuters) - Spot basis bids for corn and soybeans shipped by barge to U.S. Gulf Coast terminals were mostly steady to firm on Monday, underpinned by moderate exporter demand and slow grain sales by farmers, traders said.Corn sales to river elevators have slowed with a recent drop i...Reuters
58 minutes ago
Projectile hits tanker off UAE's Dubai, UKMTO says
March 30 (Reuters) - An unknown projectile struck a tanker 31 nautical miles northwest of United Arab Emirates' Dubai, the United Kingdom Maritime Trade Operations (UKMTO)said on Monday.It said the tanker's company security officer reported the projectile struck the tanker on the starboard s...Reuters
an hour ago
Brazil readies measures to soften impact of higher jet fuel prices, Folha reports
SAO PAULO, March 30 (Reuters) - Brazil's government is set to announce a package of measures to soften the impact of higher jet fuel prices following the oil price shock linked to the U.S.-Israeli war on Iran, newspaper Folha de S.Paulo reported on Monday. The package will include a credit line ...Reuters
2 hours ago
Planned LNG plant in Alaska seeks equipment from sanctioned Russia firm
By Timothy Gardner WASHINGTON, March 30 (Reuters) - The head of Polar LNG, a company that plans to build a liquefied natural gas plant on Alaska's North Slope, said his company is hoping to buy discounted equipment from a Russian project on which Washington has imposed sanctions.Polar LNG lau...Reuters
2 hours ago
CBOT wheat futures firm ahead of USDA prospective planting, grain stocks reports
CHICAGO, March 30 (Reuters) - Chicago Board of Trade wheat futures turned higher on technical trading on Monday, with traders keeping an eye on dry conditions in the Plains and as rain forecast this week may not be as heavy as hoped for in certain wheat-growing areas, market analysts said.Traders al...Reuters
2 hours ago
White House says no change in Cuba policy after Russian tanker waiver
By Bo Erickson and Nandita Bose WASHINGTON, March 30 (Reuters) - The White House said on Monday it has not changed U.S. policy toward Cuba, even as it allowed a sanctioned Russian tanker to deliver fuel to the island for humanitarian reasons, saying such decisions would be handled on a case-by-ca...Reuters
2 hours ago
CBOT soybeans nearly unchanged ahead of US planting, stocks reports
CHICAGO, March 30 (Reuters) - Chicago Board of Trade soybean futures were nearly unchanged on Monday, as traders adjusted their positions ahead of anticipated government planting and grain stocks reports, market analysts said.Market prices earlier in the session drew support from concerns over escal...Reuters
2 hours ago
Banco do Brasil denies report of plan to extend farmer loan maturities
SAO PAULO, March 30 (Reuters) - Brazilian state-run lender Banco do Brasil BBAS3.SA on Monday denied a media report that it was considering extending loan maturities in additional relief to farmers affected by the U.S.-Israeli war on Iran."Banco do Brasil informs there is neither a study nor any...Reuters
3 hours ago
GRAINS-CBOT soybean futures nearly unchanged ahead of key US grain stocks, planting reports
Soyoil futures gain boost from crude oil prices jumping on fear Iran war wideningUS corn planting seen down as Iran war lifts costsWelcome rain forecast may be less than needed in parts of US PlainsBy P.J. Huffstutter CHICAGO, March 30 (Reuters) - Chicago Board of Trade soybean futures were n...Reuters
3 hours ago
Hanwha Defense, Hanwha Philly Shipyard win first US Navy subcontract
By Lisa BaertleinLOS ANGELES, March 30 (Reuters) - Hanwha Defense USAand Hanwha Philly Shipyard won their first U.S. Navy project as a subcontractor to Vard Marine US on the Next Generation Logistics Ship Program to develop smaller and more agile vessels for use in refueling, rearming and resupplyin...Reuters
3 hours ago
US Plains HRW Wheat-Basis steady, dry weather fuels crop concerns
CHICAGO, March 30 (Reuters) - Basis bids for hard red winter (HRW) wheat were flat in the southern U.S. Plains on Monday, dealers said, as warm, dry weather caused stress for crops. Below-normal rainfall will extend concerns about dryness for wheat in the western Plains, forecaster Vaisala said.Pre...Reuters
3 hours ago
Guyana oil production averaged 918,000 bpd in February-government
GEORGETOWN, March 30 (Reuters) - Guyana produced an average of 918,000 barrels of oil per day (bpd) in February, government data showed on Monday, a slight rise from the 915,000 bpd produced in January.Both figures are a significant increase from average 2025 production of 716,000 bpd, as Guyana has...Reuters
3 hours ago
Guyana oil production averaged 918,000 bpd in February-government
GEORGETOWN, March 30 (Reuters) - Guyana produced an average of 918,000 barrels of oil per day (bpd) in February, government data showed on Monday, a slight rise from the 915,000 bpd produced in January.Both figures are a significant increase from average 2025 production of 716,000 bpd.Reuters
3 hours ago
Corn futures fall in Chicago as traders await US planting report
CHICAGO, March 30 (Reuters) - Chicago Board of Trade corn futures ended lower on position adjustments ahead of Tuesday's government planting intentions report, even as the pace of export demand was brisk, market analysts said.CBOT March corn CH26 settled 6-1/4 cents lower to $4.55-3/4 per bushel...Reuters
3 hours ago
Health, environmental groups sue EPA for rollback of mercury rule
By Valerie Volcovici WASHINGTON, March 30 (Reuters) - A coalition of health and environmental groups on Monday sued the U.S. Environmental Protection Agency for repealing federal standards for coal-fired power plants that limited mercury and other harmful air pollutants, saying that the rollbacks...Reuters
3 hours ago
