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Sable begins oil sales from California’s Santa Ynez pipeline after restart
March 30 (Reuters) - Sable Offshore SOC.N said on Monday it has begun selling oil from its Santa Ynez Pipeline System offshore California to Chevron CVX.N, after resuming crude transportation earlier this month.Shares were up more than 3% in premarket trading.The pipeline system, which runs along C...Reuters
10 minutes ago
Brent heads for record monthly leap as Houthi attacks widen Gulf conflict
Iran conflict escalates as Houthis attack on IsraelAnalysts flag concern over Saudi oil exports from Red SeaIran accuses US of ground assault plansPakistan prepares to host peace talksBy Stephanie Kelly LONDON, March 30 (Reuters) - Oil prices extended gains on Monday, with Brent heading for a rec...Reuters
14 minutes ago
Chinese container ships pass through Strait of Hormuz at second attempt, data shows
LONDON, March 30 (Reuters) - Two Chinese container ships sailed through the Strait of Hormuz on Monday at the second attempt after turning back into the Gulf on Friday, ship-tracking data showed.The vessels were sailing in close formation out of the strait and into open waters, according to data on ...Reuters
20 minutes ago
Iraq's SOMO says Kirkuk oil exports have resumed via Turkey pipeline and land routes
March 30 (Reuters) - The head of Iraq's state oil company SOMO said on Monday that oil exports from Kirkuk fields have resumed via the Iraq-Turkey pipeline to Ceyhan and across land routes. SOMO added that it is studying offers from local and global shipping companies to transport oil via south...Reuters
22 minutes ago
Trump again warns Iran to open Strait of Hormuz
WASHINGTON, March 30 (Reuters) - President Donald Trump said on Monday the United States was in talks with a "more reasonable regime" to end the war in Iran but repeated his warning to Tehran to open the Strait of Hormuz or risk U.S attacks on its oil wells and power plants. "Grea...Reuters
22 minutes ago
PRECIOUS-Gold rises as investors buy the dip, while fading rate-cut bets cap upside
Gold set for worst month in nearly two decadesBrent crude set for record monthly gainYemen's Houthis launch attacks on IsraelBy Ishaan Arora March 30 (Reuters) - Gold rose more than 1% on Monday on bargain-hunting, but was set for its largest monthly decline in nearly two decades as rising oi...Reuters
37 minutes ago
GRAINS-Iran war lifts grains and soybeans; focus on US rain and planting estimates
Soybean rise, crude oil prices jump on fear Iran war wideningUS corn planting seen down as Iran war lifts costsWelcome rain forecast in United States for wheatBy Michael Hogan HAMBURG, March 30 (Reuters) - Chicago soybeans and corn advanced on Monday as concerns over escalation in the Iran co...Reuters
40 minutes ago
Trump again warns Iran to open Strait of Hormuz
WASHINGTON, March 30 (Reuters) - U.S. President Donald Trump issued another warning to Iran on Monday to open the Strait of Hormuz or risk U.S attacks on its oil wells and power plants."Great progress has been made but, if for any reason a deal is not shortly reached, which it probably will be, ...Reuters
42 minutes ago
Premiums surge, runs cut as Iran war disrupts naphtha supply to Asia
Middle East deliveries in March down 85%, Kpler data showsAbout 5% of global ethylene capacity shut, JPMorgan analysts say Russian exports also down due to Ukrainian attacksUS, Europe unable to offset shortfallRystad expects deeper run cuts in AprilBy Mohi Narayan and Joyce Lee NEW DELHI/SEOUL, M...Reuters
an hour ago
RPT-ROI-A riskier Mideast will drive Big Oil toward new frontiers: Bousso
By Ron Bousso HOUSTON, March 30 (Reuters) - Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance.Major international oil companies, including...Reuters
an hour ago
Russia's Putin holds call with Serbia's Vucic on energy cooperation
MOSCOW, March 30 (Reuters) - Russian President Vladimir Putin held a phone call with Serbian President Aleksandar Vucic to discuss cooperation in the energy sector, including oil, gas and nuclear power, the Kremlin said on Monday. Earlier on Monday, Vucic said Serbia had secured an additional three ...Reuters
2 hours ago
Serbia secures gas import deal with Russia, Serbia's Vucic says
BELGRADE, March 30 (Reuters) - Serbia has secured a further three months of gas imports from Russia following talks with Russian leader Vladimir Putin, the Balkan nation's President Aleksandar Vucic said on Monday.Cheaper imports of Russian gas cover up to 90% of Serbia's needs, though Belgr...Reuters
2 hours ago
Russian oil tanker arrives in Cuba as Moscow vows to stand by Havana
Russia's Anatoly Kolodkin tanker arrives in Cuba Trump signals he is reversing course on blocking oil shipmentsKremlin says: Russia stands by Cuba Cuba is tackling fuel shortagesBy Vladimir Soldatkin and Dmitry Antonov MOSCOW, March 30 (Reuters) - Russia said on Monday that an oil tanker car...Reuters
2 hours ago
Poland sets petrol price cap at 6.16 zlotys per litre of unleaded petrol for Tuesday
WARSAW, March 30 (Reuters) - Poland has set the maximum price of unleaded 95 petrol at 6.16 zlotys ($1.65) per litre for Tuesday, the Energy Ministry said on Monday, as it starts to apply caps on fuel prices which are set daily.On Thursday Poland announced it that it was cutting taxes on fuel and ca...Reuters
2 hours ago
ANALYSIS-From Belt and Road to belt tightening: China's neighbours get cold shoulder on energy
China appears reluctant to give Southeast Asia energy assurancesAnalysts say Beijing is preoccupied with shoring up own suppliesBeijing pledged closer energy ties this month, even as it froze fuel and fertiliser shipmentsBy Joe Cash BEIJING, March 30 (Reuters) - As energy stress spreads across So...Reuters
2 hours ago
METALS-Aluminium hits four-year peak after Iran attacks Middle East smelters
By Pratima Desai March 30 (Reuters) - Aluminium prices surged to four-year highs on Monday as Iranian airstrikes on two major Middle East producers over the weekend raised the risk of a prolonged supply shock.Benchmark aluminium CMAL3 on the London Metal Exchange was up 4.7% to $3,453 a metric to...Reuters
2 hours ago
ANALYSIS-US airlines face fuel-driven financial shakeout
High fuel costs seen threatening low-cost carriers' profitabilityDelta and United better positioned due to strong liquidityUnited Airlines sees opportunity amid fuel price surgeAnalysts say potential shakeout could benefit larger airlines post-2027By Rajesh Kumar Singh CHICAGO, March 30 (Reut...Reuters
2 hours ago
In record heat, US ski resorts bulldoze snow, skiers wear bikinis
Record-low snowfall slams ski resort operations, profitabilityUS West temperatures break heat records, snowpacks set for record lowsSkiers shovel snow, dodge rocks and puddlesBy Andrew Hay and Maria TsvetkovaTAOS SKI VALLEY, New Mexico, March 30 (Reuters) - The lowest snow levels in decades in the U...Reuters
2 hours ago
