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Asian LNG benchmark near 3-year peak after Iran attack reduces Qatar LNG export capacity, Platts says
SINGAPORE, March 20 (Reuters) - The Japan-Korea-Marker (JKM), widely used as an Asian LNG benchmark, was at $22.732 per million British thermal units (mmBtu) on Friday, after Iran attacks knocked out 17% of Qatar's export capacity, Platts, part of S&P Global Energy, told Reuters.While the pr...Reuters
22 minutes ago
Italy in talks with U.S., Azerbaijan, Algeria to offset loss of gas from Qatar
By Elvira Pollina MILAN, March 20 (Reuters) - Italy is talking to several countries, including the United States, Azerbaijan and Algeria, to secure gas supplies now that Iranian strikes on Qatar appear to have halted its exports for an extended period, Energy Minister Gilberto Pichetto Fratin sai...Reuters
22 minutes ago
Oil up despite efforts by US, allies to boost supply and open Strait of Hormuz
European nations, Japan willing to help secure Strait of HormuzUS weighs further SPR releaseKuwait said oil refinery attacked overnightBy Anna Hirtenstein LONDON, March 20 (Reuters) - Oil prices gained on Friday despite leading European nations, Japan and Canada offering to join efforts to secure...Reuters
26 minutes ago
NORDIC POWER-Forward prices tick down on wet weather outlook
March 20 (Reuters) - Nordic forward power prices ticked down on Friday, pressured by forecasts for precipitation in the hydropower-dependent region, while range-bound in the European gas market and tighter water reserves prevented further downside. Nordic front-quarter baseload power contract 0#NSBL...Reuters
41 minutes ago
Asian LNG benchmark near 3-year top after Iran attack removes Qatar LNG export capacity-Platts
SINGAPORE, March 20 (Reuters) - The Japan-Korea-Marker (JKM), widely used as an Asian LNG benchmark, was at $22.732 per million British thermal units (mmBtu) on Friday, after Iran attacks knocked out 17% of Qatar's export capacity, Platts, part of S&P Global Energy, told Reuters.While the pr...Reuters
42 minutes ago
PRECIOUS-Gold gains as traders buy dips, but on track for third weekly drop
Traders scale back Fed rate cut expectationsIran and Israel launch fresh attacks on each otherGold lost over 6% this weekBy Pablo Sinha March 20 (Reuters) - Gold prices rose on Friday on bargain hunting, but remained poised for a third straight weekly drop as signals of a hawkish U.S. Federal Re...Reuters
51 minutes ago
Silver Price Forecast: XAG/USD sets for third straight negative weekly close
Silver price (XAG/USD) trades in a tight range around $72.80 during the European trading session on Friday. The white metal holds onto Thursday’s recovery move, which was driven by weakness in the US Dollar (USD).
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59 minutes ago
ANALYSIS-US airlines lean on demand, fares as Iran war rattles overseas peers
US carriers say strong demand is offsetting higher fuel costsMany overseas airlines face reroutings, flight cuts and weaker outlooksAnalysts say tight US capacity is helping fare increases stickBy Rajesh Kumar Singh CHICAGO, March 20 (Reuters) - U.S. airline chiefs are talking about the U.S.-Isra...Reuters
an hour ago
Serbia secures US sanctions waiver for its NIS oil firm, energy minister says
NIS operates Serbia's sole oil refinery in PancevoCroatia's JANAF to continue key oil supplies to NISSerbia's President Vucic to announce energy-saving measures BELGRADE, March 20 (Reuters) - The U.S. Treasury Department has extended a sanctions waiver for Serbia's Russian-owned NIS ...Reuters
an hour ago
Italy in talks with U.S., Azerbaijan, Algeria to offset loss of Qatar gas supplies
MILAN, March 20 (Reuters) - Italy is in talks with several countries, including the United States, Azerbaijan and Algeria, to secure additional gas supplies after deliveries from Qatar have stopped, Energy Minister Gilberto Pichetto Fratin said on Friday.Pichetto also said Italy agreed with the Euro...Reuters
2 hours ago
Israeli refinery owner says essential infrastructure damaged in Iranian strike
JERUSALEM, March 20 (Reuters) - The owner of an Israeli oil refinery hit in an Iranian missile strike said on Friday that essential infrastructure was damaged in Thursday's attack but that most production facilities were operating and the rest were being restarted.Oil Refineries Ltd ORL.TA said ...Reuters
2 hours ago
Bangladesh seeks $2 billion in loans to fund fuel imports, Bloomberg News reports
March 20 (Reuters) - Bangladesh is seeking about $2 billion in loans from multilateral lenders by June in a bid to finance imports of liquefied natural gas and other fuels during the summer, Bloomberg reported on Friday, citing people familiar with the matter.The South Asian nation expects $1.3 bill...Reuters
2 hours ago
Owner of Israeli refinery hit in Iranian strike says essential infrastructure was damaged
JERUSALEM, March 20 (Reuters) - Israel's Oil Refineries ORL.TA, a refining and petrochemicals company, said on Friday that an Iranian strike on its complex in Haifa the previous day had damaged essential infrastructure, which was expected to return to operations within days. The damaged infrastr...Reuters
2 hours ago
In Trump's shadow, Greenland seeks more leverage from Danish vote
Greenlanders seek to use Trump interest to gain benefits from DenmarkU.S. president wants takeover of strategic Arctic islandAhead of vote, Danish PM has been a staunch supporter of GreenlandBy Tim Barsoe and Stine Jacobsen NUUK/COPENHAGEN, March 20 (Reuters) - Greenlandic candidates competing fo...Reuters
2 hours ago
EUROPE GAS-Prices trade sideways after Qatar LNG attack
LONDON, March 20 - Benchmark Dutch wholesale gas prices traded sideways on Friday morning, after touching their highest level since January 2023 in the previous session, as some European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz.The bench...Reuters
2 hours ago
Australia PM Albanese has asked Treasury to model a tax on windfall gas profits, ABC reports
By Christine Chen and Helen Clark SYDNEY, March 20 (Reuters) - Prime Minister Anthony Albanese has asked Australia's Treasury to model options for a tax on the windfall profits of gas companies, the Australian Broadcasting Corporation reported on Friday, as well as to suggest reforms to the P...Reuters
3 hours ago
WRAPUP 5-Israel, Iran launch more attacks as crisis deepens
Israeli military says strikes launched on targets in TehranIran strikes badly damage Qatar gas outputTrump says US not told in advance of Israel's gas field strikeBahrain, Kuwait, UAE dealing with attackBy Alexander Cornwell, Jana Choukeir and Trevor Hunnicutt TEL AVIV/DUBAI/WASHINGTON, March...Reuters
3 hours ago
China's rare earth exports rise, shipments to US fall
BEIJING, March 20 (Reuters) - Chinese exports of rare-earth magnets rose 8.2% from a year earlier in the first two months of 2026, customs data showed on Friday, although shipments to the U.S. dipped. Exports from the world's largest producer of rare-earth magnets, which are used in every...Reuters
4 hours ago
