News
Important Only
Analysts See Long‑Term ‘Post‑War’ Strain Ahead as Natural Gas Prices Spike
Tradingkey - Recent attacks by Iran on key energy infrastructure across the Gulf have damaged Ras Laffan Industrial City — one of the world’s largest liquefied natural gas (LNG) export hubs in Qatar — driving oil and gas prices sharply higher.
TradingKey
an hour ago
Italy to spend 417 million euros to cut excise duties on fuels, decree shows
ROME, March 19 (Reuters) - Italy has set aside some 417.4 million euros ($478 million) to cut excise duties on fuels until April 7, a decree approved by the cabinet late on Wednesday showed, as Rome struggles to find ways to help families and firms cope with high energy costs.Published in the Offici...Reuters
10 minutes ago
High energy prices may push firms out of Germany, says minister
BERLIN, March 19 (Reuters) - Germany's economy minister is concerned about the effects of attacks on oil refineries and gas fields in the Gulf and said that high energy prices could drive companies out of Europe's biggest economy.Minister Katherina Reiche said on Thursday this was something ...Reuters
12 minutes ago
Russia vows compensation for culled cattle after farmers protests
Regional governor promises compensationPolice, animal doctors go to more farmsScientists say diseases do not require culling of cattle Kazakhstan expands ban on meat, livestock imports from RussiaBy Gleb Bryanski MOSCOW, March 19 (Reuters) - Russian officials promised compensation to farmers in t...Reuters
15 minutes ago
Facing US oil blockade, Cuban man powers car with charcoal
Cubans innovate to circumvent fuel shortagesModifications built entirely from scrap and repurposed partsPolish-built 1980 model reaches top speed of 70 kph on charcoalBy Daniel Trotta AGUACATE, Cuba, March 19 (Reuters) - Juan Carlos Pino, a Cuban mechanic with an eighth-grade education, may have ...Reuters
28 minutes ago
FACTBOX-Oil majors' output in the Middle East
March 19 (Reuters) - Most oil and gas majors operate in the Middle East, where the U.S.-Israeli war on Iran has disrupted shipping and output. Shell’s Pearl plant and Saudi Arabia’s SAMREF refinery were reported damaged , while TotalEnergies said 15% of production is offline. Her...Reuters
35 minutes ago
CORRECTED-WRAPUP 2-Trump says Israel won't attack Iran gas field again after it 'violently lashed out'
Trump warns Iran not to attack neighbors over Israel's South Pars strikeIran strikes hit Qatar gas facilities, target RiyadhIslamic foreign ministers condemn Iran attacks on neighborsTrump considering sending more troops to Middle EastBy Andrew Mills and Timour Azhari DOHA/RIYADH, March 19 (R...Reuters
45 minutes ago
EU leaders pile pressure on Hungary's Orban to lift block on Ukraine loan
EU loan held up by dispute over Druzhba pipelineFunding vital for Kyiv as it fights Russia's invasionOther EU leaders say Orban's stance is unacceptableHungarian prime minister shows no sign of backing downBy Andrew Gray and Bart H. Meijer BRUSSELS, March 19 (Reuters) - European Union lea...Reuters
52 minutes ago
Saudi port of Yanbu stops oil loadings, two sources say
March 19 (Reuters) - The Saudi port of Yanbu, one of two major remaining export routes for Gulf Arab oil after Iran effectively shut the Strait of Hormuz, has stopped oil loadings, two sources told Reuters on Thursday, after the Saudi defence ministry said it intercepted a ballistic missile over the...Reuters
53 minutes ago
PRECIOUS-Gold falls to over one month low on hawkish Fed tone
Fed, BoC, and BoJ keep interest rates on hold amid inflation concernsECB expected to hold interest rates steady Oil rises over $115 a barrel after Iran strikes Middle East energy facilitiesBy Pablo Sinha March 19 (Reuters) - Gold prices fell to their lowest level in more than a month on Thursday...Reuters
55 minutes ago
Russia to supply energy with mutually acceptable payment practices, Sorokin says
Russia cooperating with India on oilRussia will supply at market prices Russia will offer mutually acceptable payment options By Sethuraman N R NEW DELHI, March 19 (Reuters) - Russia will continue to supply energy at market prices without any consideration for Western sanctions and will offer mut...Reuters
an hour ago
EU has tools to bypass Hungary's Ukraine loan veto but must show courage, Kallas says
BRUSSELS, March 19 (Reuters) - There are alternatives to overcome Hungary's veto on a 90 billion euro ($103 billion) loan to Ukraine but they will need political courage from European leaders, EU foreign policy chief Kaja Kallas said on Thursday."There are alternatives, but let's see how...Reuters
an hour ago
TECHNICALS-NY coffee may bounce to $3.2130 in Q2
For more technical analyses, please click SINGAPORE, March 19 (Reuters) - New York coffee KCc2 could bounce to $3.2130 per lb in the second quarter, having found support around $2.8775.The contract failed to break this support at its first attempt in January 2025, even though it touched a low of $2....Reuters
an hour ago
CK Hutchison reports 7% rise in full-year underlying profit
HONG KONG, March 19 (Reuters) - CK Hutchison 0001.HK posted a 7% rise in 2025 underlying profit on Thursday, as the market awaits updates on the company's proposed sale of its ports business and other spin-off plans.The Hong Kong ports-to-telecoms conglomerate reported underlying profit of HK$22...Reuters
an hour ago
European airlines call for suspension of synthetic fuel mandate
BRUSSELS, March 19 (Reuters) - European airlines on Thursday urged the European Union to postpone new rules that would force airlines to use a certain amount of synthetic green jet fuel, or eSAF, from 2030."We are calling for the eSAF mandate to be postponed until eSAF is actually available,"...Reuters
an hour ago
Silver Price Forecast: XAG/USD nosedives to $70 as Fed is unlikely to cut interest rates this year
Silver price (XAG/USD) plummets almost 6.5% to near $70 during the European trading session on Thursday. The white metal faces intense selling pressure as traders raise bets favoring an extended pause by the Federal Reserve (Fed).Fxstreet
2 hours ago
From chemical producers to sento baths, Japan feels the heat from Middle East supply crisis
Japan gets around 90% of its oil from the Middle EastOpened taps for a record oil stockpile release on MondayPetrochemicals, steel, refineries and even sento baths are hitBy Katya Golubkova and Mariko Katsumura TOKYO, March 19 (Reuters) - Japanese companies, from steel producers to chemical firms...Reuters
2 hours ago
