News
Important Only
US issues license authorizing certain activities involving Venezuelan-origin oil
LOS ANGELES, March 13 (Reuters) - The U.S. issued a general license Friday authorizing certain activities involving Venezuelan-origin oil or petrochemical products, according to the Treasury Department website.Reuters
19 minutes ago
FACTBOX-Storms cut power to 396,000 customers in US Midwest, Mid-Atlantic; Ohio hardest hit
By Scott DiSavinoNEW YORK, March 13 (Reuters) - Over 396,000 homes and businesses were without power on Friday as severe storms battered the U.S. Midwest and Mid-Atlantic region, according to data from PowerOutage.us.The hardest-hit state was Ohio, with around 123,000 outages, representing about 2.3...Reuters
32 minutes ago
CBOT corn ends higher on positioning ahead of weekend
CHICAGO, March 13 (Reuters) - Chicago Board of Trade corn futures firmed for a third straight day on Friday as traders squared positions ahead of the weekend amid anxiety over ongoing hostilities in the Middle East and rising crude oil prices.Corn has also drawn support from expectations that rising...Reuters
38 minutes ago
GRAINS-Soybeans slip from near two-year high, corn gains on pre-weekend positioning
Crude oil rebounds from overnight lows, lifting grainsTraders squaring positions on grains ahead of the weekendUpcoming U.S.-China talks eyed for soybean demandBy Karl Plume CHICAGO, March 13 (Reuters) - U.S. soybean futures weakened on Friday after hitting a near two-year high in the previous se...Reuters
38 minutes ago
Pakistani airstrikes cause civilian casualties in Kabul, Taliban and UN say
Taliban say six killed in residential areas of Kabul, NangarharKam Air fuel depot supplies civilian, UN aircraft, Taliban sayAfghanistan sends drones into Pakistan in response Strikes follow Chinese mediation effortsPakistan's information minister denies targeting civiliansBy Mohammad Yunus Yawa...Reuters
44 minutes ago
CBOT wheat ends higher on technical buying, US weather concerns
CHICAGO, March 13 (Reuters) - Chicago Board of Trade wheat futures rose for a third straight day on Friday on dry conditions in the U.S. Plains wheat belt, technical buying, and speculative buying tied to rising crude oil prices and war in the Middle East, traders said.Rallying crude oil prices have...Reuters
49 minutes ago
CBOT soybeans retreat from 21-month peak on pre-weekend profit taking
CHICAGO, March 13 (Reuters) - Chicago Board of Trade soybean futures eased on Friday in a profit-taking setback from a 21-month high posted in the prior session, though losses were limited by rising crude oil prices and hopes for progress in U.S.-China trade talks.Higher crude prices can support soy...Reuters
51 minutes ago
US proposes easing limits on cancer-causing gas used to clean medical devices
WASHINGTON, March 13 (Reuters) - The Trump administration is proposing to lift some limits on the use of ethylene oxide, a carcinogenic gas used for sterilization, saying previous constraints imposed under former President Joe Biden may hamper medical device makers' ability to clean their facili...Reuters
an hour ago
US natural gas futures slide 3% as mild March curbs demand
Mild weather reduces US natural gas demand, affecting futures pricesPipeline constraints keep Waha Hub prices negative for 26 daysUS LNG exports decrease despite global price surge due to Iran conflictBy Scott DiSavino NEW YORK, March 13 (Reuters) - U.S. natural gas futures slid about 3% on F...Reuters
an hour ago
Refiner MOL complains to EU over Croatian pipeline fees
BUDAPEST, March 13 (Reuters) - Hungarian refiner MOL MOLB.BU said on Friday it and subsidiary Slovnaft had filed a complaint with the European Commission over Croatian pipeline operator JANAF's pricing policy.It follows a complaint MOL filed last week with the EU's competition watchdog over ...Reuters
an hour ago
US Cash Grains-Soy bids down, corn steady as trade slows
CHICAGO, March 13 (Reuters) - Spot basis bids for soybeans were steady to lower and corn bids were mostly stable in the U.S. Midwest on Friday as a huge swell of farmer selling triggered by high prices slowed.U.S. grain prices have surged since the Iran war began, triggering a flurry of corn and soy...Reuters
an hour ago
Panama hopes China's COSCO will resume operations at Balboa port, minister says
By Elida Moreno PANAMA CITY, March 13 (Reuters) - Panama's government hopes China's COSCO Shipping 601919.SS will reconsider its decision not to use the Balboa port at the entrance of the Panama Canal, the country's minister for canal affairs, Jose Ramon Icaza, said on Friday. Earlier...Reuters
an hour ago
US agriculture chief eyeing aid for farmers amid fertilizer crunch
WASHINGTON, March 13 (Reuters) - U.S. Agriculture Secretary Brooke Rollins on Friday said the Trump administration was "very close" to announcing steps to help ease fertilizer costs for U.S. farmers as key materials remained stalled amid the Iran war and shipping constraints."We're l...Reuters
2 hours ago
US drillers add oil and gas rigs for second week in a row, says Baker Hughes
Rig count rises to highest since November 2025Baker Hughes reports rig count still 7% below last yearTD Cowen notes 1% decline in E&P capital expenditures for 2026By Scott DiSavino NEW YORK, March 13 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for a second week in a...Reuters
2 hours ago
Iran war deprives US farmers of affordable fertilizer as spring planting looms
Fertilizer shortage due to Iran war alarming U.S and Canadian farmersFertilizer dealers could be 25-35% short of usual spring fertilizer suppliesPrices have surged since Iran war beganBy Ed White WINNIPEG, Manitoba, March 13 (Reuters) - Farmers in the U.S. and Canada, who were already worried abo...Reuters
2 hours ago
EU wheat holds firm as war hangs over market
PARIS, March 13 (Reuters) - European wheat futures rose for a third straight session on Friday to approach a seven-month high as worries about a hardening conflict in the Middle East prompted some short-covering before the weekend, traders said.May milling wheat BL2K6 on Euronext settled 0.6% higher...Reuters
2 hours ago
Europe Gasoline/Naphtha-Gasoline refining margins jump in thin trade
LONDON, March 13 (Reuters) - Northwest European gasoline refinery profit margins rose sharply by nearly $7 to $9.53 a barrel on Friday in thin trading activity.About 4,000 metric tons of E5 gasoline barges traded in the Argus window, with Trafigura selling to TotalEnergies and MB Energy.No E10 gasol...Reuters
2 hours ago
EXCLUSIVE-Iran lets two gas tankers sail to India through Hormuz, sources say
By Nidhi Verma and Jonathan Saul NEW DELHI, March 13 (Reuters) - Iran has allowed two Indian-flagged liquefied petroleum gas carriers to sail through the Strait of Hormuz, four sources with direct knowledge of the matter said, a rare exception to the Iranian blockade that has disrupted global en...Reuters
2 hours ago
S&P Expects Middle East War Escalation To Have Long-Lasting Effects On U.S. Economy & Credit Conditions
March 13 (Reuters) - S&P:S&P: ESCALATION OF MIDDLE EAST WAR COULD HAVE LONG-LASTING EFFECTS ON U.S. ECONOMY & CREDIT CONDITIONSS&P: NEGATIVE SUPPLY SHOCK FROM MIDDLE EAST WAR WILL LOWER U.S. GDP GROWTH AND RAISE INFLATIONS&P: EXPECT U.S. OIL & GAS PRODUCERS WILL BENEFIT FROM ...Reuters
2 hours ago
Ambrey says merchant vessel reported hearing explosion near UAE's Sharjah anchorage
March 13 (Reuters) - British maritime security firm Ambrey said on Friday that a merchant vessel reported hearing the sound of an explosion near al Sharjah anchorage in the United Arab Emirates. The explosion was at an undetermined distance from the vessel. Ambrey assessed it to be a projectile inte...Reuters
2 hours ago
