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No evidence Valero Texas refinery blast caused by intentional act, sheriff's office
HOUSTON, March 24 (Reuters) - No evidence has been found of a deliberate act as the cause of a Monday night explosion at Valero Energy Corp's VLO.N Port Arthur, Texas refinery, said the spokesperson for the Jefferson County Sheriff's office on Tuesday."No, we're not investigating it ...Reuters
6 minutes ago
EU wheat steadies as war uncertainty persists
PARIS, March 24 (Reuters) - Euronext wheat steadied on Tuesday after hitting a 2-1/2 week low the previous day, supported by a bounce in crude oil and a fall in the euro as hopes for de-escalation in the Middle East subsided.The market also drew strength at the end of the session from news that majo...Reuters
8 minutes ago
CERAWEEK-Canada discusses Keystone XL revival with Trump administration officials
South Bow project could boost Canada's crude exports by over 12%Canada's natural resouces minister discusses project with US energy secretary and interior secretaryPresidential permit needed for cross-border pipeline sectionBy Amanda Stephenson HOUSTON, March 24 (Reuters) - Canadian offic...Reuters
9 minutes ago
CERAWEEK-Venezuela opposition leader Maria Corina Machado pushes for energy investment security, transparency
HOUSTON, March 24 (Reuters) - Venezuela opposition leader Maria Corina Machado believes early interest in Venezuela's oil sector is positive but called for more transparency and contract security - including a new oil law - to further increase crude and gas output."I'm here to attract at...Reuters
11 minutes ago
US music publishers suing Anthropic make their case against AI 'fair use'
By Blake Brittain March 24 (Reuters) - Music publishers Universal Music Group UMG.AS, Concord and ABKCO have asked a judge in California to rule that U.S. copyright law does not insulate artificial intelligence startup Anthropic from liability for copying their song lyrics to train its AI-powered...Reuters
15 minutes ago
Silver Price Forecast: XAG/USD posts modest gains but faces headwinds
Silver (XAG/USD) trades slightly higher on Tuesday, around $69.35 at the time of writing, up 0.25% on the day, but struggles to build momentum as markets remain driven by conflicting geopolitical signals and tight financial conditions.
Fxstreet
18 minutes ago
CERAWEEK-Venture Global has adequate long-term supply of LNG, CEO says
HOUSTON, March 24 (Reuters) - Liquefied natural gas exporter Venture Global VG.N has adequate short, medium and long-term supplies and is working with countries around the world to deliver critical cargoes, CEO Mike Sabel said on Tuesday at the CERAWeek energy conference in Houston, Texas. Markets h...Reuters
30 minutes ago
GRAINS-Chicago grains, soy mixed as market weighs Middle East war
Soybeans slightly lower on selling pressureCorn, wheat choppy as investors weigh war impactBy Heather Schlitz CHICAGO, March 24 (Reuters) - Chicago soybean futures edged lower on Tuesday on technical trading, while corn and wheat ticked higher, as investors grappled with uncertainty over the U.S....Reuters
32 minutes ago
CERAWEEK-Rio Tinto expects Resolution Copper mine to open by mid-2030s
By Ernest Scheyder HOUSTON, March 24 (Reuters) - Rio Tinto RIO.L expects to open Arizona's Resolution Copper mine by the mid-2030s, a senior executive of the miner told Reuters on Tuesday. The Anglo-Australian mining giant this month gained control of acreage needed to build one of the wo...Reuters
42 minutes ago
ADNOC L&S says recent regional developments have not affected global operations
March 24 (Reuters) - ADNOC Logistics & Services PLC ADNOCLS.AD:ADNOC L&S SAYS RECENT REGIONAL DEVELOPMENTS HAVE NOT MATERIALLY AFFECTED ITS GLOBAL OPERATIONS ADNOC L&S SAYS IT REMAINS FINANCIALLY STRONG AND FULLY OPERATIONAL ACROSS ALL DIVISIONSReuters
43 minutes ago
METALS-Copper slips, aluminium climbs as Iran war rumbles on
Oil price rebound pressures copper, raising growth concernsLME copper stocks reach highest level in nearly eight yearsAluminium jumps 1.6% on fears over supplies from Gulf smelters March 24 (Reuters) - Copper slipped on Tuesday, giving up some of its gains in the previous session's relief ral...Reuters
45 minutes ago
Bahrain pushes UN-backed action for Hormuz shipping; France tables rival text
Draft resolution backed by Gulf Arab states and the USIran's actions seen as threat to international peace and securityRussia and China likely to veto any such resolutionFrance text makes no mention of Iran, encourages defensive effortsBy John Irish PARIS, March 24 (Reuters) - U.N. Security C...Reuters
47 minutes ago
EXCLUSIVE-Trump's approval hits new 36% low as fuel prices surge amid Iran war, Reuters/Ipsos poll finds
Trump's approval falls to 36% amid rising fuel pricesOne in four approve of Trump's handling of cost of living35% approve of U.S. strikes on Iran, down from 37%By Jason Lange WASHINGTON, March 24 (Reuters) - President Donald Trump's approval rating fell in recent days to its lowest po...Reuters
50 minutes ago
CORRECTED-Trio of African countries eyeing nature finance deals, Nature Conservancy says
Three PFP's would be worth over $500 millionTNC Africa head says demand for climate funding rising Sees one deal likely to be closed this year, two in 2027Says Gabon is meeting conservation targets under 2023 debt swap By Duncan Miriri NAIROBI, March 24 (Reuters) - The Nature Conservancy, a U...Reuters
an hour ago
ANALYSIS-Pakistan leans on US and Iran ties to emerge as potential peacebroker
Pakistan's army chief has built close relations with TrumpSouth Asian nation seen as Iran's least adversarial neighbourUnlike other potential mediators, Pakistan doesn't host US basesHolds defence pact with Saudi Arabia, Iran's historic rivalBy Ariba Shahid, Saad Sayeed and Mubasher ...Reuters
an hour ago
CERAWEEK-Kuwait would take 3-4 months to hit full oil output if war ended today, KPC CEO says
HOUSTON, March 24 (Reuters) - Kuwait could ramp up oil production relatively quickly if the U.S.-Israel war with Iran were to end today, hitting full production capacity in 3-4 months, Shaikh Nawaf Al-Sabah, CEO of Kuwait Petroleum Corporation, said on Tuesday in a video address to the CERAWeek ener...Reuters
an hour ago
Hungary's MOL has U.S. approval to continue NIS acquisition talks
BUDAPEST, March 24 (Reuters) - Hungary's MOL said it received U.S. approval to continue negotiations regarding the acquisition of a majority stake in Serbia's NIS refinery, with the deadline for negotiations extended until May 22.In December, the U.S. Treasury's Office of Foreign Assets ...Reuters
an hour ago
Turkey says no problem with gas flow from war-hit Iran
ISTANBUL, March 24 (Reuters) - Turkey's energy minister said on Tuesday there are no problems with natural gas flow from war-hit Iran and that Turkey's storage facilities are 71% full, according to his comments to reporters after a cabinet meeting. Turkish media quoted the minister, Alparsla...Reuters
an hour ago
Oil rises as supply disruption persists and Iran denies US talks
Trump says US, Iran have 'major points of agreement'Iran rejects claim of contact with WashingtonMacquarie says Brent could hit $150 if Hormuz shut through AprilBy Nicole Jao NEW YORK, March 24 (Reuters) - Oil rallied on Tuesday as the world's biggest supply disruption persisted and I...Reuters
2 hours ago
Ukraine discusses $1.4 billion DFC loan to restore gas production sites
KYIV, March 24 (Reuters) - Ukrainian Energy Minister Denys Shmyhal has discussed with U.S. counterpart Chris Wright a possible $1.4 billion loan from the U.S. International Development Finance Corporation to restore energy facilities at Ukraine's gas production sites, he said on Tuesday in a pos...Reuters
2 hours ago
