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US oil prices fall on prospect of Middle East ceasefire easing supply disruption
TOKYO, March 25 (Reuters) - U.S. crude futures fell about 4% in early trade on Wednesday on the prospect of a possible ceasefire easing disruption to global oil supply, following reports that Washington had sent Tehran a 15-point plan to end the war in the Middle East.U.S. West Texas Intermediate (W...
Reuters
4 minutes ago
International convoy delivers tons aid to Cuba amid crisis
By Ayose Naranjo HAVANA, March 24 (Reuters) - Cuba on Tuesday received a shipment of humanitarian aid from the Nuestra America Convoy, an international effort organized by global activists seeking to circumvent U.S. sanctions that severely restrict shipments of fuel and other goods to the isl...
Reuters
7 minutes ago
Drone attack hits fuel tank at Kuwait International Airport causing fire
March 25 (Reuters) - Drones targeted a fuel tank at Kuwait International Airport, causing a fire but no casualties, Kuwait's Civil Aviation Authority said on Wednesday.Emergency procedures were activated immediately, with firefighting teams responding to the blaze, it said, adding that initial r...
Reuters
12 minutes ago
Goldman lifts Q2 aluminum forecast to $3,200 on supply disruptions
March 24 (Reuters) - Goldman Sachs raised its second-quarter LME aluminum average price forecast to $3,200 a tonne from $3,100, citing supply losses from Middle East disruptions and the shutdown of the Mozal smelter in Mozambique. LME aluminium CMAL3 traded at $3,260.50 at 2215 GMT. Goldman...
Reuters
17 minutes ago
Gold rebounds above $4,450 as Middle East tensions persist
Gold price (XAU/USD) recovers some lost ground to around $4,470 during the early Asian session on Wednesday. The precious metal edges higher following a period of extreme volatility, with the price falling to a four-month low near $4,100, its worst weekly performance since 1983.
Gold
Fxstreet
19 minutes ago
Oil pares gains after reports of US plan aimed at ending the Middle East war
US sends Iran 15-point plan to end Middle East warOil prices volatile amid mixed signals on US-Iran talksSupply disruptions persist, Strait of Hormuz remains effectively closedBy Nicole Jao NEW YORK, March 24 (Reuters) - Oil pared gains on Tuesday in volatile post-settlement trading, after rallyi...
Reuters
19 minutes ago
CERAWEEK-Equinor CEO says it would be difficult for EU to raise Russian gas imports during Ukraine war
HOUSTON, March 24 (Reuters) - Equinor EQNR.OL CEO Anders Opedal said on Tuesday it would be very difficult for the European Union to increase Russian gas imports to mitigate the energy supply crisis in the Middle East while Russia's war with Ukraine continues. Europe's energy market is diffe...
Reuters
19 minutes ago
CERAWEEK-US shale firms unlikely to drill at $100 a barrel unless high prices last longer, executives say
ConocoPhillips not currently considering output boost, executive saysEven after driller decides to boost output, it takes 6 months to a yearNine months is 'very-best-case scenario,' executive saysBy Arathy Somasekhar, Georgina McCartney and Sheila DangHOUSTON, March 23 (Reuters) - Oil prices...
Reuters
32 minutes ago
Trump administration may waive summer gasoline rules as soon as Wednesday, sources say
HOUSTON, March 24 (Reuters) - The Trump administration is expected to announce as soon as Wednesday that it will temporarily lift federal smog-cutting restrictions on summer-blend gasoline to curb rising energy prices stemming from the war on Iran, according to two sources familiar with the matter.T...
Reuters
39 minutes ago
CORRECTED-CERAWeek-Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
Enbridge sees India, Africa as key markets for re-exported Canadian crudeCompany's Mainline expansion projects will carry more Canadian oil to the USCanadian oil output forecast to rise by 1 million bpd by 2035By Amanda Stephenson HOUSTON, March 23 (Reuters) - Gulf Coast re-exports of Canadia...
Reuters
55 minutes ago
Judge orders Trump administration to temporarily unfreeze Chicago transit funding
By David Shepardson March 24 (Reuters) - A U.S. judge on Tuesday ordered President Donald Trump's administration to temporarily unfreeze about $3 billion in funding for rail projects in Chicago.The Chicago Transit Authority sued the U.S. Transportation Department and its Federal Transit Admin...
Reuters
59 minutes ago
Integra Reports Fourth Quarter 2025 Results Strong Annual Production From Florida Canyon Mine, Record Adjusted Net Earnings, And Strengthened Financial Position
March 24 (Reuters) - Integra Resources Corp ITR.V:INTEGRA REPORTS FOURTH QUARTER 2025 RESULTS; STRONG ANNUAL PRODUCTION FROM FLORIDA CANYON MINE, RECORD ADJUSTED NET EARNINGS, AND STRENGTHENED FINANCIAL POSITIONINTEGRA RESOURCES CORP - FLORIDA CANYON PRODUCED 12,864 GOLD OUNCES IN Q4 2025 AT $4,229 ...
Reuters
an hour ago
Valero Port Arthur, Tx, Refinery Reports Fire That Lead To Multiple Process Unit Shut Down
March 24 (Reuters) - Valero VLO.N:REPORTS AN UNFORESEEABLE RELEASE OF PROCESS FLUID IN COMPLEX 2 RESULTED IN AN IGNITION EVENT AND MULTIPLE PROCESS UNIT UPSETS AT PORT ARTHUR, TEXAS REFINERYREPORTS EMERGENCY CREWS RESPONDED IMMEDIATELY AND WORKED TO EXTINGUISH THE FIRE AND MULTIPLE PROCESS UNITS WER...
Reuters
an hour ago
Canada's Integra Resources Q4 revenue falls q-o-q
OverviewCanada gold miner's Q4 revenue fell from Q3, adjusted EPS was $0.09Q4 net loss narrowed compared to Q3, driven by non-cash derivative adjustmentsOutlookCompany expects 2026 gold production at Florida Canyon Mine of 70,000-75,000 ozCompany sees 2026 cash costs at Florida Canyon of $1,900-...
Reuters
an hour ago
Goldman lifts Q2 aluminum forecast to $3,200 on supply disruptions
March 24 (Reuters) - Goldman Sachs raised its second-quarter LME aluminum price forecast to $3,200 a tonne from $3,100, citing supply losses from Middle East disruptions and the shutdown of the Mozal smelter in Mozambique. The bank cut about 850,000 tonnes from its 2026 primary aluminum supply outlo...
Reuters
an hour ago
CERAWEEK-Global energy crisis deepens; efforts to plug supply gap fall short, industry executives warn
Global energy crisis worsens due to U.S.-Israeli war on IranEmergency measures fail to cover 20 million barrels per day supply lossSupply shortages may hit Europe in April, warn officialsBy Stephanie Kelly and Curtis Williams HOUSTON, March 24 (Reuters) - The global energy crisis is deepening as ...
Reuters
an hour ago
CORRECTED-Judge orders Trump administration to temporarily unfreeze Chicago transit funding
March 24 (Reuters) - A U.S. judge on Tuesday ordered President Donald Trump's administration to temporarily unfreeze about $3 billion in funding for rail projects in Chicago, the city said.The Chicago Transit Authority sued the U.S. Transportation Department and its Federal Transit Administratio...
Reuters
an hour ago
Iran tells UN: 'non-hostile' ships can transit Strait of Hormuz
March 24 (Reuters) - Iran has told the United Nations Security Council and the International Maritime Organization that "non-hostile vessels" may transit the Strait of Hormuz if they coordinate with Iranian authorities, according to a note seen by Reuters on Tuesday.The U.S.-Israeli war ...
Reuters
2 hours ago
Elemental Royalty Corp Q4 Revenue Of $16 Million - SEC Filing
March 24 (Reuters) - Elemental Royalty Corp ELE.V:ELEMENTAL ROYALTY CORP: Q4 REVENUE OF $16 MILLION - SEC FILINGELEMENTAL ROYALTY CORP: Q4 ATTRIBUTABLE GOLD EQUIVALENT OUNCES OF 4,133 OUNCESELEMENTAL ROYALTY CORP: OUTLOOK FY REVENUE $76.5 MILLION-$94.5 MILLION BASED ON GOLD PRICE OF US$4,500/OZ AND ...
Reuters
2 hours ago
LIVESTOCK-CME cattle futures mixed in choppy trading
CHICAGO, March 24 (Reuters) - Chicago Mercantile Exchange cattle futures finished mixed on Tuesday under pressure from falling Wall Street indexes, though a continued tight supply of cattle provided a floor to prices, analysts said.Wall Street indexes lost ground in Tuesday's volatile session as...
Reuters
2 hours ago
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