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US awards contracts for 45.2 million barrels of oil from strategic reserve
March 20 (Reuters) - The U.S. Energy Department said it had awarded contracts to loan 45.2 million barrels of oil from the Strategic Petroleum Reserve(SPR) as of Friday.Companies that have been awarded the SPR contracts include BP Products North America, Gunvor USA, Marathon Petroleum and Shell Trad...Reuters
13 minutes ago
Nuclear reactor developer X‑Energy files for US IPO
March 20 (Reuters) - X-Energy has filed for an initial public offering in the United States, it said on Friday, as the reactor developer aims to tap growing investor enthusiasm for nuclear power.The U.S. nuclear industry is in midst of a renaissance after years of stagnation, driven primarily by sur...Reuters
23 minutes ago
Cuba rejects US request to bring in fuel, Washington Post reports
WASHINGTON, March 20 (Reuters) - Cuba has rejected a request by the U.S. Embassy in Havana to import diesel fuel for its generators this week amid nationwide blackouts, the Washington Post reported on Friday, citing diplomatic cables it reviewed.The State Department did not immediately respond to a ...Reuters
32 minutes ago
US Plains HRW Wheat-Basis mostly steady-to-mixed, Gulf basis dips
CHICAGO, March 20 (Reuters) - Basis bids for hard red winter (HRW) wheat were steady to mixed in most markets in the southern U.S. Plains on Friday in sluggish trade, merchandisers said.Protein premiums for railcar wheat to and through Kansas City rose 1 cent a bushel for wheat with 11.60 and 12.40 ...Reuters
37 minutes ago
US says airport delays will worsen as shutdown continues
By David Shepardson WASHINGTON, March 20 (Reuters) - U.S. Transportation Secretary Sean Duffy said on Friday he is worried disruptions at major airports will increase as a partial government shutdown continues with no end in sight.Airlines and travel groups fear absences among the 50,000 Transpor...Reuters
42 minutes ago
WRAPUP 11-US sending Marines and amphibious assault ship to Middle East, officials say
Marine expeditionary force readies for Middle East deploymentPoll shows large majority of US voters oppose ground operation Israeli military says strikes launched on targets in TehranIran attacks refinery in Kuwait as energy fears growAllies' help in Hormuz conditional on ceasefire By Idrees Ali...Reuters
44 minutes ago
CIF/FOB Gulf Grain-Corn, soybean barge basis steady firm as futures slip
CHICAGO, March 20 (Reuters) - Spot basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast terminals were steady to firmer on Friday on weaker futures values and good demand from exporters, traders said.Chicago Board of Trade corn Cv1 and soybean Sv1 futures fell on Friday and were lowe...Reuters
54 minutes ago
Chicago sues Trump administration over $3.1 billion in frozen transit funding
Suit calls funding freeze an act of political retaliationChicago has second-largest US public transit systemBy David ShepardsonMarch 20 (Reuters) - The Chicago Transit Authority sued President Donald Trump's administration on Friday in a bid to undo a White House decision to freeze $3.1 billion ...Reuters
an hour ago
CBOT wheat ends down on dollar strength, Plains rain
CHICAGO, March 20 (Reuters) - Chicago Board of Trade wheat futures ticked down on Friday as precipitation was expected in the parched U.S. Southern Plains and the U.S. dollar gained strength. The dollar gained ground on Friday as investors pared their bets on Fed rate cuts, given the probability of ...Reuters
an hour ago
CBOT soybeans fall as the dollar gains ground
CHICAGO, March 20 (Reuters) - Chicago Board of Trade soybean futures fell on Friday as the dollar strengthened. The dollar gained ground on Friday as investors pared their bets on Fed rate cuts, given the probability of rising inflation triggered by higher energy prices.A rising dollar tends to make...Reuters
2 hours ago
GRAINS-Grains, oilseeds lower as dollar rises
Grain and oilseed futures pressured by dollar strengthCrude oil climbs after choppy tradeUS wheat belt expected to see precipitationBy Renee Hickman CHICAGO, March 20 (Reuters) - Chicago grains and oilseeds retreated on Friday as the dollar regained ground, while forecasts of rain in dry U.S. whe...Reuters
2 hours ago
CBOT corn futures fall as dollar rises
CHICAGO, March 20 (Reuters) - Chicago Board of Trade corn futures eased on Friday as the dollar found strength. The dollar gained ground as investors pared their bets on U.S. Federal Reserve rate cuts, given the probability of rising inflation triggered by higher energy prices.A stronger dollar tend...Reuters
2 hours ago
Georgia pauses gas tax for 60 days as Iran war fuels price surge
By Jasper Ward March 20 (Reuters) - Georgia Governor Brian Kemp on Friday suspended the state's gas tax amid rising fuel prices as the U.S.-Israeli war in Iran enters its third week.The move - the first such relief offered by a U.S. state since the war started on February 28 - suspends Georgi...Reuters
3 hours ago
EXCLUSIVE-Iraq declares force majeure on foreign-operated oilfields over Hormuz disruption, sources say
Iraq declares force majeure on oilfields due to Strait of Hormuz disruptionForeign oil companies unable to nominate tankers for crude exportMinistry orders full shutdown of production at affected areasIraq invites urgent talks with companies on operations under force majeureBy Aref, Mohammed and Ahm...Reuters
3 hours ago
Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted
US deploys more troops to Middle East, Trump comments on IranIraq declares force majeure on some oilfieldsStrait of Hormuz disruptions keep oil prices high, analysts sayBy Georgina McCartney HOUSTON, March 20 (Reuters) - Oil prices jumped on Friday and settled at their highest in nearly four ...Reuters
3 hours ago
Russia says multiple cattle illnesses are complicating Siberian outbreak
Culling of sick cattle sparks rare protestsOfficial says other illnesses complicating pasteurellosis outbreakUS report cites possibility of foot-and-mouth diseaseRussia denies allegations in USDA reportBy Gleb Bryanski MOSCOW, March 20 (Reuters) - Russian authorities said on Friday "other...Reuters
3 hours ago
Iraq cuts Basra oil output to 900,000 bpd from 3.3 million bpd after southern exports halt
March 20 (Reuters) - Iraq's Oil Minister Hayan Abdel-Ghani said crude production at Basra Oil Company has been cut to 900,000 barrels per day (bpd) from 3.3 million bpd after exports from the country's southern ports were halted, the ministry said on Friday.The produced quantities were being...Reuters
3 hours ago
AEP Ohio To Invest $4.2 Bln In Appalachian Infrastructure Without Rate Hike
March 20 (Reuters) - American Electric Power Company Inc AEP.O:AEP OHIO PARTNERS TO BRING $4.2B IN NEW ELECTRIC INFRASTRUCTURE IN APPALACHIAN OHIO WITHOUT RAISING CUSTOMER RATESAEP OHIO: TO BUILD 765-KV TRANSMISSION INFRASTRUCTURE FOR DATA CENTER IN PIKETON, OHIOAEP OHIO - 10-GIGAWATT DATA CENTER CA...Reuters
4 hours ago
