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Oil prices settle up 3% 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 settled up more than 3% on Tuesday, as renewed Iranian attacks on the United Arab Emirates heightene...Reuters
14 minutes ago
CBOT corn ends flat with bargain-buying after losses
CHICAGO, March 17 (Reuters) - Chicago Board of Trade corn futures traded near even with investors bargain-buying a day after the benchmark May contract CK26 fell 2.8% in sympathy with soybeans.Crude oil CLc1 rose after Iranian attacks on the UAE heightened concerns about supply disruption due to the...Reuters
31 minutes ago
Fuel tanker resumes navigation in the Atlantic with Cuba as possible destination, shipping data shows
March 17 (Reuters) - A Hong Kong-flagged tanker that could be carrying fuel to Cuba resumed navigation on Tuesday after suspending its course weeks ago in the Atlantic Ocean, according to LSEG ship tracking data.The tanker Sea Horse loaded fuel in a ship-to-ship operation earlier this year, accordin...Reuters
36 minutes ago
Iraqi government, Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan port
March 17 (Reuters) - The Iraqi government and the Kurdistan Regional Government (KRG) have reached an agreement to resume oil exports to Turkey’s Ceyhan energy hub from Wednesday, the Iraqi oil minister said in a statement read to Reuters on Tuesday. KRG Prime Minister Masrour Barzani said i...Reuters
52 minutes ago
CBOT soybeans steady on crude oil strength, Trump-Xi meeting reset
CHICAGO, March 17 (Reuters) - Chicago Board of Trade soybean futures rose as U.S. President Donald Trump said the date of his meeting with China's President Xi Jinping would be reset, and crude oil strength added support. Trump on Tuesday said he was postponing a highly anticipated trip to Beiji...Reuters
56 minutes ago
WRAPUP 11-Iran rejects de-escalation offers; Israel says it kills Iranian security chief
Iran rejects proposals to ease tensions, official says Israell 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 (Reuters) - Isr...Reuters
an hour ago
US natgas futures steady as Texas Freeport LNG unit shutdown offsets supply drop
North Dakota output drops due to freezing pipes, expected to recover soonMilder weather forecasts reduce heating demand, affecting natural gas pricesRecord heat in Los Angeles increases gas demand for power generationBy Scott DiSavino NEW YORK, March 17 (Reuters) - U.S. natural gas futures he...Reuters
2 hours ago
Likely meteor rattled residents in Ohio, Pennsylvania
By Rich McKayMarch 17 (Reuters) - A kaboom, a fireball and white streaks in the skies over Pennsylvania and Ohio - seen as far as Virginia and Canada - were probably the signs of a meteorite landing near Cleveland on Tuesday morning, according to the National Weather Service and scientists.Rattled r...Reuters
2 hours ago
Projectile hits area near Iran's Bushehr nuclear power plant
DUBAI, March 17 (Reuters) - A projectile hit the area near Iran's Bushehr Nuclear power plant on Tuesday, Iran's Tansim news agency cited the country's Atomic Energy Organisation as saying, adding no damage had been reported. The projectile hit the vicinity of the nuclear power plant in...Reuters
2 hours ago
Morgan Stanley expects Venezuela's bonds to soar in restructuring
By Marc Jones LONDON, March 17 (Reuters) - The value of Venezuela's government and state oil firm bonds could surge when they are eventually restructured, analysts at Wall Street investment bank Morgan Stanley said on Tuesday. Washington's capture of Venezuelan President Nicolas Maduro in...Reuters
2 hours 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 2%By Ashitha Shivaprasad March 17 (Reuters) - Gold prices held near steady on Tuesday, as market participants monitored the intensifying Iran conflict and awaited the U.S. Federal Res...Reuters
3 hours ago
EU wheat tracks Chicago lower as Mideast war assessed
PARIS, March 17 (Reuters) - Euronext wheat fell on Tuesday to a one-week low, pressured by weakness in Chicago futures as traders watched to see how the Middle East conflict affects international demand.May milling wheat BL2K6 on the Paris-based Euronext exchange settled 1% down at 205.25 euros ($23...Reuters
3 hours ago
Cuba gradually restores power amid US oil blockade
Cuba reconnects grid from Pinar del Rio to Holguin, Santiago de Cuba still offlineAntonio Guiteras power plant restarted, but electricity generation remains insufficientCuba-US talks underway, Trump hints at imminent actionUS blames Cuban regime for blackoutBy Dave Sherwood and Daniel Trotta HAV...Reuters
3 hours ago
Trump says he hopes to reach gas deal with Ireland
March 17 (Reuters) - U.S. President Donald Trump said on Tuesday he hoped to reach a deal with Ireland on the export on American liquefied natural gas.Trump made the comment at a St. Patrick's Day event on Capitol Hill during a visit by Irish Prime Minister Micheal Martin.Reuters
3 hours ago
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
3 hours 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
3 hours 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
3 hours 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
3 hours 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
3 hours ago
