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US generated fewer ethanol blending credits in February, EPA says
March 19 (Reuters) - The U.S. generated 1.14 billion ethanol (D6) blending credits in February, compared with about 1.22 billion in January, data from the Environmental Protection Agency showed on Thursday.Credits generated from biodiesel (D4) blending rose to 480 million in February from 439 millio...Reuters
4 minutes ago
Goldman Sachs flags upside risks to oil prices in near term and into 2027
March 19 (Reuters) - Goldman Sachs said on Thursday that risks to oil prices remain skewed to the upside both in the near term and into 2027.The bank added that the persistence of several past large supply shocks highlights the possibility that oil prices could remain above $100 per barrel.Reuters
10 minutes ago
Iranian attack hits Israeli oil refinery in Haifa, some damage reported
JERUSALEM, March 19 (Reuters) - An Iranian missile attack hit Israel's Oil Refineries ORL.TA in the northern port city of Haifa but did not cause "significant damage", Israel's Energy Ministry said on Thursday.Energy Minister Eli Cohen said power was briefly disrupted, with electrici...Reuters
16 minutes ago
Kazakh gold miner Solidcore plans inventory sell-down in first half
Inventories accumulated due to delays related to Russia sanctions2025 gold-equivalent production fell 19% year-on-yearInvestments expected to be $400-500 million annually over next three yearsBy Anastasia Lyrchikova MOSCOW, 19 March (Reuters) - Kazakh gold miner Solidcore Resources COREK.AIXN pla...Reuters
30 minutes ago
US Cash Grains-Soy, corn basis steady-firmer as CBOT futures turn higher
CHICAGO, March 19 (Reuters) - Cash basis bids for corn and soybeans were steady to firmer in the U.S. Midwest on Thursday, as grain futures continued to rise and reflecting demand from grain handlers in some areas, dealers said.Farmers began selling some of their stored grain supplies as prices have...Reuters
34 minutes ago
Trump says China trip has been delayed by a month and a half
March 19 (Reuters) - U.S. President Donald Trump on Thursday said his upcoming trip to China had been delayed by about a month and a half."It's been reset, and we look forward to it," he told reporters in the Oval Office.Reuters
47 minutes ago
COLUMN -Shipping strikes, oil price spikes and a deadly new Gulf crisis
LONDON, March 19 (Reuters) - As Somali pirates hijacking giant cargo vessels and tankers from tiny motorised skiffs wreaked havoc across the region from the mid-2000s to the early 2010s, a tiny group of UK military reservists in a bungalow in the gardens of the British diplomatic mission in Dubai fo...Reuters
48 minutes ago
MSC Says Will Apply An Fuel Surcharge To All Cargo From Europe To Indian Ocean Islands And Fiji (Not Applicable To Reunion, Mayotte, New Caledonia, Tahiti)
March 19 (Reuters) - MSC: WILL APPLY AN FUEL SURCHARGE (EFS) TO ALL CARGO FROM EUROPE TO INDIAN OCEAN ISLANDS AND FIJI (NOT APPLICABLE TO REUNION, MAYOTTE, NEW CALEDONIA, TAHITI)MSC: AS FROM 2 APRIL UNTIL FURTHER NOTICE EFS ON TRADES FROM EUROPE TO INDIAN OCEAN ISLANDS WILL BE CHARGED AT $275 DRY/T...Reuters
52 minutes ago
WTI Oil retreats from $100 peak as Venezuela sanctions ease, Middle East risks persist
West Texas Intermediate (WTI) US Oil trades around $97.20 per barrel on Thursday, down 1.68% on the day after reaching an intraday high of $100.15, as markets balance improving supply conditions against escalating geopolitical risks.
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57 minutes ago
EXCLUSIVE-Iran attacks wipe out 17% of Qatar’s LNG capacity for up to five years, QatarEnergy CEO says
Will have to declare force majeure on LNG contracts for up to five yearsSome 12.8 million tons per year of LNG offlineMeans about $20 billion of lost annual revenueExxonMobil holds stakes in damaged LNG facilitiesWill also impact condensate, LPG, helium, naphtha exportsQatar's North Field LNG ex...Reuters
59 minutes ago
US extends protection of Venezuela-owned Citgo from creditors
By Daphne Psaledakis WASHINGTON, March 19 (Reuters) - The United States has extended a license that protects Venezuela-owned refiner Citgo Petroleum from creditors through May 5, according to a posting on Thursday on the Treasury Department's website.The extension comes a day after Washington...Reuters
an hour ago
Shipping group CMA CGM plans land surcharge on rising fuel costs
PARIS, March 19 (Reuters) - French shipping group CMA CGM will next week introduce a fuel surcharge for land routes as rising fuel costs affect all transport modes used to carry containers, it said on Thursday.CMA CGM, the world's third-largest container shipping line, has already announced fuel...Reuters
an hour ago
German minister eyes windfall tax on oil firms to ease high energy costs
BERLIN, March 19 (Reuters) - German Finance Minister Lars Klingbeil is examining additional ways to relieve consumers from rising fuel prices due to the Iran war, including introducing a windfall tax on oil companies, his ministry said on Thursday.The money gained from the tax could be used to finan...Reuters
an hour ago
X‑energy, Talen to explore deploying small modular reactors for PJM power market
March 19 (Reuters) - X‑energy Reactor Company and Talen Energy TLN.O have agreed to explore deploying X‑energy's small modular reactors in Pennsylvania and across the PJM power market, the companies said on Thursday.The U.S. nuclear industry is undergoing a renaissance after years of stagnation,...Reuters
an hour ago
Shipping group CMA CGM plans inland surcharge on rising fuel costs
PARIS, March 19 (Reuters) - French shipping group CMA CGM will impose an inland emergency fuel surcharge from March 23 in a defined geographic scope, in response to rising fuel costs, it said on Thursday.CMA CGM, the world's third-largest container shipping line, did not specify the geographical...Reuters
2 hours ago
WRAPUP 5-Europe and Japan ready to help steady energy prices and secure chokepoint
US allies, reluctant to intervene, respond to soaring prices Iran strikes badly damage Qatar gas outputOil price jumps by about 10% before easing backTrump says US not told in advance of Israel's gas field strikeGabbard says US and Israeli war aims differBy Andrew Mills and Timour Azhari DOHA...Reuters
2 hours ago
Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
Around 240,000 tons of refined fuels to be shippedTankers will mostly be loaded by the end of MarchVoyage typically takes 30-40 daysAustralia usually relies on Asia for most of its fuel importsBy Trixie Yap and Shariq Khan SINGAPORE/NEW YORK, March 19 (Reuters) - ExxonMobil, BP and Vitol are ship...Reuters
2 hours ago
WRAPUP 7-Central banks stand ready to tackle war-led inflation
US, Canada, Japan, BoE, ECB keep rates on hold Central bankers on alert for inflation surgeAttacks on energy infrastructure mark new phase Some analysts speak of rising "stagflation" risk By William Schomberg and Balazs Koranyi LONDON/FRANKFURT, March 19 (Reuters) - Top central banks said...Reuters
2 hours ago
PRECIOUS-Gold extends losing streak on expectations of tighter policy from central banks
Oil trades above $110 a barrel on Middle East energy attacksUS weighs military reinforcements Big cenbanks keep options open as traders suspect war will bring rate hikesBy Ashitha Shivaprasad March 19 (Reuters) - Gold prices dropped nearly 4% on Thursday, falling for a seventh consecutive session...Reuters
2 hours ago
EU leaders fail to convince 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 leader unmoved by their complaintsBy Lili Bayer and Kate Abnett BRUSSELS, March 19 (Reuters) - European Union leaders failed to...Reuters
2 hours ago
