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Ukraine using strikes on oil facilities to keep pressure on Russia after sanctions eased, Zelenskiy says
Zelenskiy criticizes easing of international oil sanctions on RussiaWashington's waiver allows purchase of stranded Russian oilUkraine's drone attacks halt 40% of Russia's oil export capacityBy Daniel Flynn and Olena Harmash KYIV, March 26 (Reuters) - Ukraine is using long-range strik...Reuters
9 minutes ago
LIVESTOCK-CME cattle slightly higher as traders weigh demand
CHICAGO, March 26 (Reuters) - Chicago Mercantile Exchange live and feeder cattle futures ticked higher on Thursday as traders continued to eye whether consumers will push back against high beef prices, analysts said.An ongoing strike at the JBS meatpacking plant in Greeley, Colorado, has largely bee...Reuters
16 minutes ago
Mexican navy says petroleum tanker, natural seabed likely caused Gulf coast spill
By Raul Cortes and Adriana BarreraMEXICO CITY, March 26 (Reuters) - An oil spill in the Gulf of Mexico was caused by both natural causes and a petroleum tanker that authorities are still trying to identify, Mexican officials said on Thursday.Raymundo Morales, the head of the Mexican navy, said satel...Reuters
19 minutes ago
South Korea: Oil shock lifts inflation outlook – Standard Chartered
Standard Chartered economists Chong Hoon Park and Arup Ghosh update their South Korea forecasts following higher Oil prices linked to Middle East tensions. They now see 2026 CPI inflation at 2.4% versus 2.0% previously, with Oil averaging USD 85/bbl.Fxstreet
31 minutes ago
Trump says he will pause attacks on Iran's energy plants, talks going 'very well'
WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump said on Thursday he was pausing attacks on Iran's energy plants for 10 days at the Iranian government's request and said talks with Tehran were going "very well"."As per Iranian Government request... I am pausing the pe...Reuters
35 minutes ago
Oxford Industries Q4 revenue slightly beats estimates
OverviewU.S. apparel retailer's Q4 revenue slightly beat analyst expectationsAdjusted EPS for Q4 missed analyst expectations and swung to a lossOutlookOxford Industries sees fiscal 2026 net sales of $1.475 bln to $1.530 blnCompany expects fiscal 2026 GAAP EPS of $1.83 to $2.43, adjusted EPS of $...Reuters
36 minutes ago
Trump says he will pause attacks on Iran's energy plants, talks going "very well"
WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump said on Thursday he was pausing attacks on Iran's energy plants for 10 days till April 6 at the Iranian government's request and said talks with Tehran were going "very well".Reuters
37 minutes ago
Iridex Q4 revenue rises on higher retina system sales
OverviewMedical laser systems maker's Q4 revenue rose 16% yr/yr, driven by retina and glaucoma productsQ4 net loss narrowed to $0.2 mln; operating expenses fell 10% yr/yrCompany forecasts 2026 revenue of $51-53 mln, excluding Middle East due to conflictOutlookIridex forecasts 2026 revenue betwee...Reuters
37 minutes ago
CERAWEEK-Stressed US grid forcing data centers to get more flexible
Data centers urged to reduce power use during peak demandUS electricity use from data centers could quadruple by decade's end, study saysBig Tech is beginning to test how it can shrink data center power demand when grid demand peaksBy Laila KearneyNEW YORK, March 26 (Reuters) - The U.S. technolo...Reuters
an hour ago
CERAWEEK-Iran war seen boosting renewable energy investment with focus on security, not climate
Energy security concerns could accelerate renewable development, executives sayIran war disrupts oil supply, raises energy prices, highlights vulnerabilityEU increases clean energy investments to reduce dependency on volatile marketsBy Georgina McCartney, Stephanie Kelly and Arathy Somasekhar HOU...Reuters
an hour ago
Europe Gasoline/Naphtha-Gasoline refining margins fall
LONDON, March 26 (Reuters) - Northwest European gasoline refinery profit margins fell on Thursday by $2.24 to $9.92 despite a fall in stockpiles in a thin trading session.No barges of either the winter grade Eurobob E10 or the winter E5 gasoline grade traded on Thursday. Total gasoline stocks held i...Reuters
an hour ago
EXCLUSIVE-CERAWEEK-Constellation exec says grid operator told company Three Mile Island can't connect until 2031
By Laila KearneyNEW YORK, March 26 (Reuters) - U.S. grid operator PJM has told Constellation Energy CEG.O that the former Three Mile Island nuclear power plant in Pennsylvania likely will not be able to connect to the grid until 2031, four years later than planned, the company said at the CERAWeek e...Reuters
an hour ago
Oil settles up nearly 6% as investors fear further Middle East escalation
Iran says it is reviewing US proposal, has no interest in talksUkrainian attacks, tanker seizures halt 40% of Russia oil export capacityHouthi movement says it stands ready to strike Red Sea waterwayBy Siddharth Cavale NEW YORK, March 26 (Reuters) - Crude futures closed higher on Thursday, reboun...Reuters
an hour ago
CERAWEEK-Big Oil to reap billions from Iran war windfall after a month of soaring energy prices
Oil prices surge due to Iran conflict, boosting profitsAnalysts revise Chevron, Shell earnings estimates upwardsMiddle East disruptions may hurt oilfield-service companiesBy Sheila Dang, Stephanie Kelly and Amanda Stephenson HOUSTON, March 26 (Reuters) - As Big Oil executives gathered this week a...Reuters
2 hours ago
EXCLUSIVE-Occidental's Hollub, US oil's most powerful woman, prepares to hand over reins, sources say
Vicki Hollub readying to step down as Oxy CEO, sources sayRichard Jackson likely to succeed Hollub, sources sayHollub's leadership broke gender barriers in male-dominated oil industryHollub's leadership of Oxy defined by 2019 Anadarko acquisitionBy David French and Shariq Khan HOUSTON/NEW...Reuters
2 hours ago
GRAINS-Chicago grains subdued as war uncertainty weighs
Traders await US biofuel targets and USDA acreage estimatesSoybean market eyes Chinese demand ahead of Trump's Beijing visitBy Heather Schlitz CHICAGO, March 26 (Reuters) - Chicago corn, soy and wheat futures seesawed on Thursday as traders monitored developments in the Middle East amid mixed...Reuters
2 hours ago
EU wheat holds firm as war hangs over market
PARIS, March 26 (Reuters) - Euronext wheat edged higher for a third session on Thursday as uncertainty over the course of the U.S.-Israeli war with Iran pushed up oil prices and weakened the euro against the dollar.May milling wheat BL2K6, Euronext's most-active position, settled 0.6% up at 205....Reuters
2 hours ago
CBOT corn ticks lower amid war uncertainty
March 26 (Reuters) - Chicago Board of Trade corn futures ended slightly lower amid mixed signals from the U.S. and Iran, while market players awaited U.S. planting data that will be released next Tuesday.Grains and oilseed prices have broadly tracked fluctuations in crude oil during the U.S.-Israeli...Reuters
2 hours ago
CBOT soybeans higher amid uncertainty over war, Chinese demand
CHICAGO, March 26 (Reuters) - Chicago Board of Trade soybean futures turned slightly higher on Thursday as market players awaited a potential biofuels announcement and monitored the Iran war and signs of Chinese demand for U.S. soybeans.The soybean market is assessing prospects for further Chinese d...Reuters
2 hours ago
