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Trump says he will pause attacks on Iran's energy plants
By Bhargav Acharya and Kanishka Singh 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 what he cast as the Iranian government's request, and said talks with Tehran were going "very well."...Reuters
54 minutes ago
Venture Global and Edison settle arbitration dispute over early Calcasieu Pass LNG sales
Final settlement expected to be completed by June 2026, ending arbitrationVenture Global was accused of selling LNG on spot market instead of making contractual shipments to EdisonDeal includes additional LNG cargoes for Edison, enhancing partnershipBy Curtis Williams and Francesca LandiniMarch 26 (...Reuters
an hour ago
Fuel prices spike in Chile, posing early political test for Kast
Fuel price surge in Chile sparks nationwide anxietyEmpty stations underscore mounting public frustrationEarly backlash threatens Kast's political momentumBy Fabian Cambero SANTIAGO, March 26 (Reuters) - Empty gas stations and price boards still displaying pre‑hike rates captured Chileans'...Reuters
an hour ago
FACTBOX-Analysts hike oil price outlooks as Iran conflict continues
March 27 (Reuters) - Major brokerages have raised their 2026 average oil price forecasts as the U.S.-Israeli war with Iran drove oil prices sharply higher this month. Macquarie on Friday raised its fiscal year 2026 oil price forecast, projecting West Texas Intermediate crude would average approximat...Reuters
an hour ago
EnergyX Commissioned U.S.-Based Lithium Production Facility At Project Lonestar
March 26 (Reuters) - EnergyX:ENERGYX: LONESTAR DEMONSTRATION PLANT IS OPERATIONAL & TO PRODUCE ABOUT 250 METRIC TONS PER YEAR OF BATTERY-GRADE LITHIUM CARBONATE EQUIVALENTENERGYX: COMMISSIONED U.S.-BASED LITHIUM PRODUCTION FACILITY AT PROJECT LONESTARReuters
2 hours ago
Macquarie raises 2026 WTI forecast to $83/bbl on supply risks
March 26 (Reuters) - Macquarie on Thursday raised its 2026 oil price outlook, forecasting West Texas Intermediate (WTI) to average about $83 per barrel, up from around $58 previously, citing supply disruptions caused by the Middle East conflict.It also lowered its 2026 U.S. natural gas price forecas...Reuters
2 hours ago
GM-backed EnergyX to launch Texas lithium facility
March 26 (Reuters) - EnergyX, a startup backed by General Motors GM.N, said on Thursday it has commissioned a lithium production facility at its project Lonestar, located in the Smackover formation in Texas.Lithium demand has been surging globally, driven by the role of lithium-ion batteries in elec...Reuters
2 hours ago
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
2 hours 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
2 hours 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
2 hours 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
2 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours ago
