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RPT-ROI-China boosted crude stockpiles at start of 2026, but is not using them: Russell
By Clyde Russell LAUNCESTON, Australia, March 17 (Reuters) - China continued to boost its crude oil inventories in the first two months of the year as strong imports and domestic output exceeded an increase in refinery production.China's surplus of crude oil was 1.24 million barrels per day (...Reuters
10 minutes ago
GRAINS-Soybeans steady as war worries push crude oil higher
PARIS/BEIJING, March 17 (Reuters) - Chicago soybean futures steadied on Tuesday, as renewed strength in crude oil prices linked to war headlines from the Middle East helped counter doubts over Chinese demand that had sent prices tumbling on Monday.Corn also regained ground while wheat ticked down.Th...Reuters
14 minutes ago
EXCLUSIVE-Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say
KPC seeks non-binding offers by April 7 despite challengesSaudi Arabia asset sales among other deals continuingBy Hadeel Al Sayegh, Federico Maccioni and Andres Gonzalez March 17 (Reuters) - Macquarie MQG.AX has withdrawn from bidding for a stake in Kuwait's oil pipeline network worth up to $...Reuters
16 minutes ago
Israel's IceCure Medical 2025 gross margin falls to 36% on higher costs
OverviewIsrael cryoablation device maker's 2025 revenue rose, driven by global sales growthGross margin for 2025 declined to 36% from 44% yr/yr, due to higher costsNet loss for 2025 narrowedOutlookCompany expects to on-board 30 hybrid commercial-clinical sites in U.S. for post-marketing study in...Reuters
24 minutes ago
NORDIC POWER-Front-quarter prices rise on firm European gas prices and tight water reserves
March 17 (Reuters) - Nordic power prices for the front quarter to June edged up on Tuesday, supported by stronger European gas prices and lower water reserves in the hydropower-dependent region.Nordic front-quarter baseload power contract ENOFBLQc1 gained 0.15 euros to 57.75 euros per megawatt hour ...Reuters
30 minutes ago
EXCLUSIVE-Macquarie walks away from Kuwait oil pipelines deal amid Iran war, sources say
KPC seeks non-binding offers by April 7 despite challengesSaudi Arabia asset sales among other deals continuingBy Hadeel Al Sayegh, Federico Maccioni and Andres Gonzalez March 17 (Reuters) - Macquarie MQG.AX has withdrawn from bidding for a stake in Kuwait's oil pipeline network worth up to $...Reuters
45 minutes ago
Oil prices jump more than 2% after renewed Iranian attacks on UAE
Iran renews attacks on US Gulf alliesStrait of Hormuz disruption has halved UAE crude output Middle East crude benchmarks hit record highsBy Stephanie Kelly LONDON, March 17 (Reuters) - Oil prices rose by nearly 3% on Tuesday, clawing back some of the previous session's losses as Iranian atta...Reuters
47 minutes ago
Trump invites farmers, biofuels producers to White House event
By Jarrett RenshawMarch 17 (Reuters) - U.S. President Donald Trump has invited farmers and biofuel producers to an agriculture event at the White House next week, two sources familiar with the planning said, as his administration moves to finalize new biofuel blending quotas.The administration is pr...Reuters
51 minutes ago
REFILE-Neuronetics Q4 revenue rises, appoints Dan Reuvers as CEO
OverviewUS medical technology firm's Q4 revenue grew 86% yr/yr, driven by Greenbrook clinic acquisitionGross margin for Q4 fell to 52% from 66% due to clinic business inclusionCompany appointed Dan Reuvers as CEO, effective March 23, 2026OutlookNeuronetics expects Q1 2026 revenue between $33 mln...Reuters
an hour ago
White House says US seeking fertilizer from Venezuela, Morocco
WASHINGTON, March 17 (Reuters) - The Trump administration is seeking other sources of fertilizer amid the ongoing Iran war's shipping constraints, including from Venezuela and possibly Morocco, White House economic adviser Kevin Hassett said on Tuesday. "We've ... established licenses ...Reuters
an hour ago
Cuba power partially restored, says grid operator
March 17 (Reuters) - Power was restored in the western and eastern central regions of Cuba on Tuesday as some power plants reconnected to the grid, Cuba's grid operator UNE said on social media. Cuba's national electric grid had collapsed on Monday, leaving about 10 million people without po...Reuters
an hour ago
Gold trades flat as central bank decisions and global inflation risks weigh
Gold (XAU/USD) trades in a tight range on Tuesday as traders remain cautious and avoid large directional bets ahead of a heavy week of monetary policy announcements from major central banks. At the time of writing, XAU/USD trades virtually unchanged around $5,008, hovering near one-month lows.
Fxstreet
an hour ago
RPT-BREAKINGVIEWS-US refinery bet will grease Reliance's pumps
By Shritama Bose MUMBAI, March 17 (Reuters Breakingviews) - Mukesh Ambani is getting his hands greasy. His $200 billion Reliance Industries RELI.NS will invest in a new refinery in Texas, America's first in 50 years, Donald Trump said last week. The Indian conglomerate has stumbled in its pas...Reuters
an hour ago
WRAPUP 7-Iran rejects de-escalation offers; Israel says it kills Iranian security chief
Iran rejects proposals to ease tensions, official says Israel's Katz says Iranian security chief killed in airstrikeHead of Basij militia also killed, Katz saysNo immediate comment by Iran on Katz's statementBy Parisa Hafezi, Jana Choukeir and Maayan Lubell DUBAI/JERUSALEM, March 17 (Reut...Reuters
an hour ago
White House's Hassett tells CNBC: US seeking fertilizer from Venezuela, Morocco
WASHINGTON, March 17 (Reuters) - The Trump administration is seeking other sources for fertilizer amid the ongoing Iran war, including from Venezuela and possibly Morocco, White House economic adviser Kevin Hassett told CNBC in an interview on Tuesday.Reuters
an hour ago
Silver Price Forecast: XAG/USD trades with caution around $80.50 ahead of Fed’s policy
Silver price (XAG/USD) trades cautiously around $80.50 during the European trading session on Tuesday. The white metal wobbles in a tight range as investors shift focus to the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Fxstreet
an hour ago
White House's Hassett to CNBC: Oil tankers 'starting to dribble through' Strait of Hormuz
WASHINGTON, March 17 (Reuters) - Oil tankers are "starting to dribble through" the Strait of Hormuz, White House economic adviser Kevin Hassett told CNBC in an interview on Tuesday, reiterating the Trump administration's position that they see the Iran war lasting weeks, not months.Reuters
an hour ago
Ghana weighs local bids for $1 billion revival of Gold Fields' Damang mine
Ghana assesses bids to indigenise Damang mine operationsMine's revival requires up to $1 billion in investment-official Ghana operations key to Gold Fields' portfolioBy Maxwell Akalaare Adombila DAKAR, March 17 (Reuters) - Ghana is assessing three bids from local investors to take over Go...Reuters
2 hours ago
