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US Cash Grains-Corn basis steady-firmer, soy bids mixed
CHICAGO, March 17 (Reuters) - Cash basis bids for corn were steady to stronger in the U.S. Midwest on Tuesday, reflecting demand from grain handlers in some areas after Monday's steep decline in Chicago Board of Trade futures cooled farmer selling, dealers said.The corn basis improved by 3 cents...Reuters
12 minutes ago
Europe Gasoline/Naphtha-Gasoline refining margins soften
LONDON, March 17 (Reuters) - Northwest European gasoline refinery profit margins fell by about $2.60 to $16.20 a barrel on Tuesday. About 10,100 metric tons of E5 gasoline barges traded in the Argus window, with Varo, Equinor, and Trafigura selling to BP and ExxonMobil. An additional 10,100 tons of ...Reuters
18 minutes ago
PBF Torrance, California Refinery Reports Electrical Malfunction
March 17 (Reuters) - PBF ENERGY PBF.N:REPORTS AN UNPLANNED FLARE EVENT DUE TO MECHANICAL/ELECTRICAL MALFUNCTION AT ITS TORRANCE, CALIFORNIA REFINERY REFINERY CAPACITY: 160,000 BARRELS PER DAYSOURCE: SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGReuters
20 minutes ago
Trump says NATO's refusal to help on Iran is "very foolish mistake"
By Steve HollandWASHINGTON, March 17 (Reuters) - President Donald Trump on Tuesday said the United States had been informed by most of its NATO allies that they did not want to get involved with the country's military operation in Iran, a move he described as a "very foolish mistake." Bu...Reuters
22 minutes ago
METALS-Copper slips as Iran war, rising stocks stoke demand fears
March 17 (Reuters) - Copper dipped on Tuesday as Iran launched fresh attacks on U.S. allies in the Gulf and London Metal Exchange inventories climbed to their highest in 6-1/2 years, while aluminium was supported by concerns over supply from the Middle East.Benchmark LME three-month copper CMCU3 was...Reuters
31 minutes ago
EXCLUSIVE-EGA to export aluminium via Oman amid Gulf disruption, sources say
Sohar Port offers alternative export routePort remains undamaged despite recent drone incidentsAlba considering Sohar and Jeddah for exports, sources sayBy Pratima Desai and Tom Daly LONDON, March 17 (Reuters) - Emirates Global Aluminium will route its aluminium exports and raw materials through ...Reuters
34 minutes ago
Iraqi presidency urges Iraqi government, KRG to cooperate to resume crude oil exports
March 17 (Reuters) - The Iraqi presidency on Tuesday urged both the Iraqi Federal government and the Kurdistan regional government, or KRG, to cooperate to resume crude oil exports, a presidency statement said. Iraq's Kurdish authorities said on Sunday that Baghdad had failed to address securit...Reuters
56 minutes ago
PRECIOUS-Gold steady as markets track Iran tensions, await Fed decision
Iran rejects de-escalation offersIsrael's Katz says Iran's security chief killedOil prices jump more than 1%By Ashitha Shivaprasad March 17 (Reuters) - Gold prices held nearly steady on Tuesday, as market participants monitored the intensifying Iran conflict and awaited the U.S. Federal R...Reuters
59 minutes ago
WRAPUP 1-Global airlines hike fares, cut routes as fuel costs balloon
Airlines face soaring costs due to US-Israeli war against IranDelta says jet fuel adds $400 million in costs in March aloneConflict disrupts global aviation, affects routes and operationsSAS among first airline to cut routes due to soaring fuel costsBy Rajesh Kumar Singh, Shivansh Tiwary and Joanna ...Reuters
59 minutes ago
GRAINS-Soybeans regain ground as Trump says meeting with Xi will be reset
By Renee Hickman CHICAGO, March 17 (Reuters) - Chicago soybean futures climbed on Tuesday as U.S. President Donald Trump said he would reset a meeting scheduled with China's president Xi Jinping.Trump had earlier said the meeting could be delayed, causing doubts over Chinese demand and sendin...Reuters
an hour ago
Vinfast Auto Extends Free EV Charging Program In India, Philippines, & Indonesia
March 17 (Reuters) - VinFast Auto Ltd VFS.O:VINFAST AUTO LTD: EXTENDS FREE EV CHARGING PROGRAM IN INDIA, PHILIPPINES, AND INDONESIA UNTIL MARCH 31, 2029VINFAST AUTO: ANNOUNCED “TRADE GAS FOR ELECTRIC” PROGRAM IN INDIA, INDONESIA, PHILIPPINES, & VIETNAM - WEBSITEVINFAST AUTO: OFFERS ADDITIONAL 3%...Reuters
an hour ago
Trump postpones trip to Beijing as Iran war delays China reset
Trip cancellation affects U.S.-China trade talksTrump's Iran policy shifts focus from China to Middle EastBeijing visit seen as ill-timed amid U.S. economic strugglesBy Trevor Hunnicutt WASHINGTON, March 17 (Reuters) - President Donald Trump on Tuesday said he was postponing a highly anticipa...Reuters
an hour ago
WRAPUP 9-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
Trump says his meeting with China's Xi will take place in five or six weeks
WASHINGTON, March 17 (Reuters) - U.S. President Donald Trump on Tuesday said he and Chinese President Xi Jinping are "resetting" their meeting that was planned for March 31-April 2, and that it will instead take place in around five or six weeks.Reuters
2 hours ago
WTI remains volatile amid persistent geopolitical risks and supply disruptions
West Texas Intermediate (WTI) Crude Oil trims part of earlier gains and edges lower on Tuesday as traders struggle to extend the rally at elevated levels while continuing to assess geopolitical developments surrounding the US-Iran war and ongoing supply disruptions through the Strait of Hormuz.
Fxstreet
2 hours ago
UK to devolve more fiscal powers to regions, finance minister Reeves says
LONDON, March 17 (Reuters) - British finance minister Rachel Reeves said she was looking at ways to devolve more fiscal powers to different regions within the country, including some control of taxes, as part of efforts to drive growth and productivity.Reeves said on Tuesday, in a speech in London&#...Reuters
2 hours ago
Silver slumps to $79 despite softer US Dollar, falling US yields
Silver prices retreated nearly 2% on Tuesday, even as the Greenback remained softer and US Treasury yields fell. Higher Crude Oil prices pressure the white metal. which is down 1.81% in the week, while risk appetite improves.
Fxstreet
2 hours ago
Canada electricity demand, natural gas production to accelerate by 2050, regulator says
CALGARY, March 17 (Reuters) - A long-term outlook from the Canada Energy Regulator on Tuesday says both electricity demand and Canadian natural gas production will accelerate by 2050.The regulator analyzed a variety of potential scenarios, including a baseline that assumes existing government polici...Reuters
2 hours ago
France will never take part in operations to unblock Hormuz Strait amid hostilities, says Macron
Paris distances itself from Trump’s commentsFrance plans post‑war coalition for Hormuz securityAny mission needs calm, and talks with Iran first, Macron saysBy John Irish and Michel Rose PARIS, March 17 (Reuters) - President Emmanuel Macron said on Tuesday France would never take part in operatio...Reuters
2 hours ago
Venezuela's PDVSA ratifies Asdrubal Chavez as head of US units including Citgo
CARACAS, March 17 (Reuters) - The board of directors of Venezuela's state-run PDVSA this week ratified Asdrubal Chavez as head of the oil company's U.S. subsidiaries PDV Holding, Citgo Holding and Citgo Petroleum, a document seen by Reuters showed, a decision that follows U.S. President Dona...Reuters
2 hours ago
