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South Korea says considering energy vouchers, boosting coal and nuclear power
South Korea prepares measures for higher oil prices, potential LNG disruptionEnergy vouchers for vulnerable groups may be expandedSouth Korea imports 70% of oil, 20% of LNG from Middle EastBy Joyce Lee and Daewoung Kim SEOUL, March 13 (Reuters) - South Korea is considering providing additional en...Reuters
8 minutes ago
China to impose up to 30.1% tariffs on halogenated butyl rubber from Canada, Japan
BEIJING, March 13 (Reuters) - China will impose anti-dumping tariffs of up to 30.1% on halogenated butyl rubber imported from Canada and Japan, the Chinese Commerce Ministry said on Friday, in a final ruling for investigations launched in 2024.Imports from Canada will face anti-dumping duties of 13....Reuters
13 minutes ago
Japan to consider whether to buy Russian crude following US sanctions waiver
By Yuka Obayashi TOKYO, March 13 (Reuters) - Japan will consider whether to buy Russian crude after the U.S. issued a 30-day sanctions waiver amid the Iran war by taking into account international conditions and its national interests, an industry ministry official said on Friday.The U.S. waiver ...Reuters
16 minutes ago
US issues 30-day sanctions waiver for purchase of Russian oil at sea
US issues 30-day license for sanctioned stranded Russian oil purchasesRussian envoy says the move will affect 100 million barrels of oilMeasure the latest by Trump administration to calm energy markets jolted by Iran warBy Ismail Shakil and Gleb Bryanski March 13 (Reuters) - The United States iss...Reuters
20 minutes ago
FACTBOX-Analysts reassess oil price estimates as Iran conflict disrupts markets
March 13 (Reuters) - Major brokerages, including Goldman Sachs and Bank of America, have revised their average oil price forecasts for 2026 as the war in Iran approached the two‑week mark on Friday. Analysts expect oil prices to remain elevated in the near term as they assess the impact of supply di...Reuters
28 minutes ago
Oil heads for weekly gains despite US sanctions waiver on Russian oil
Measures aimed at easing supply tightness fail to calm markets Disruption of trade through Strait of Hormuz is 'fundamental' Brent more susceptible to energy security issues than WTI By Jeslyn Lerh SINGAPORE, March 13 (Reuters) - Oil prices headed for weekly gains as of Friday, despite th...Reuters
an hour ago
Germany's chemicals lobby sees serious disruptions from war in the Middle East
March 13 (Reuters) - German chemicals lobby VCI said on Friday it expects potential persistent disruptions from the closure of the Hormuz strait to cause inflationary pressure and unsettle markets, piling onto the difficulties the sector has experienced for years.The association, which represents ar...Reuters
an hour ago
Operator probes incident at Kazakhstan's Tengiz oilfield, sources say output intact
TCO reports an incident at Tengiz on March 11; no injuriesField has not halted output, sources sayTengiz was already pumping lower levels after January 18 firesRecovery limited by CPC loading constraints ALMATY, March 13 (Reuters) - Kazakhstan's Tengizchevroil consortium said on Friday it was...Reuters
2 hours ago
TABLE-North Sea gas maintenance schedule: Adds UGS Bergermeer outage
March 13 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...Reuters
2 hours ago
Zenith Energy Announces Acquisition Of 28 MWp Solar Development Projects
March 13 (Reuters) - Zenith Energy Ltd ZENZ.L:ZENITH ENERGY LTD - ACQUISITION OF 28 MWP SOLAR DEVELOPMENT PROJECTSZENITH ENERGY LTD: CUMULATIVE TOTAL CONSIDERATION FOR ACQUISITIONS IS EUR 2,016,000ZENITH ENERGY LTD - TOTAL CONSIDERATION FOR ACQUISITIONS IS ABOUT EUR 2 MILLION PAYABLE UPON READY-TO-...Reuters
2 hours ago
A backlash against data centres is spilling into French municipal election races
Municipal candidates campaign against data-centre projectsLocal backlash centres on pollution, heat and lack of jobs Mirrors trend of data centre pushback in US and Europe France touts nuclear power as a data‑centre drawCritics say there is a lack of regulation, transparencyBy Layli Foroudi and Forr...Reuters
2 hours ago
BREAKINGVIEWS-Iran war shows up folly of slow energy transition
By Antony CurrieMELBOURNE, March 13 (Reuters Breakingviews) - If only there was a way to reduce the fat tail risks generated by the Strait of Hormuz. The effective closure of the roughly 100-mile-long passage due to the U.S.-Israel attacks on Iran has sent fuel prices soaring and prompted countries ...Reuters
2 hours ago
PRECIOUS-Gold set for weekly drop as oil price surge weighs on rate-cut hopes
Iran's supreme leader vows to keep Strait of Hormuz closedGold down about 1% so far this weekUS January PCE data due later in the dayBy Noel John March 13 (Reuters) - Gold prices were on track for a second consecutive weekly drop, despite edging up on Friday, as surging energy prices due to t...Reuters
2 hours ago
US Treasury Yields Extend Gains, Weighing on Gold
TradingKey - US Treasury yields have remained firm this week, with the 10-year note trading largely in a 4.1%–4.3% range and touching around 4.27% at the weekly high — noticeably above the roughly 4.05% level seen at the start of the month.
TradingKey
2 hours ago
Tengiz oilfield in Kazakhstan has not stopped output after an incident, sources say
ALMATY, March 13 (Reuters) - Chevron-led CVX.N Tengiz oilfield in Kazakhstan has not stopped oil output after the recent incident, two industry sources told Reuters on Friday.Tengizchevroil consortium said earlier on Friday that an "incident" occurred at one of the Tengiz oilfield facilities...Reuters
2 hours ago
CORRECTED-METALS-Aluminium extends gains as supply concerns linger amid Mideast war
By Amy Lv and Lewis Jackson BEIJING, March 12 (Reuters) - Aluminium prices extended gains on Thursday, finding continued support from lingering concerns about tightening global supply amid the Middle East conflict that showed no signs of easing. The most-traded aluminium contract on the Shanghai ...Reuters
2 hours ago
Kazakhstan's Tengizchevroil says 'incident' occurred on March 11 at Tengiz oilfield facility
MOSCOW, March 13 (Reuters) - Kazakhstan's Tengizchevroil consortium said on Friday that an "incident" occurred at one of the Tengiz oilfield facilities on March 11, 2026, without providing further details.There were no casualties as a result of the incident, Tengizchevroil said.Reuters
3 hours ago
Goldman hikes average Brent oil forecast to over $100 a barrel for March
March 13 (Reuters) - Goldman Sachs expects Brent oil to average over $100 a barrel in March, and $85 in April, it said on Friday, as energy prices remain volatile due to the Iran war and damage to Middle East energy infrastructure and disruptions in the Strait of Hormuz.Brent futures for May LCOc1 w...Reuters
3 hours ago
