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RPT-POLL-US natural gas stockpiles likely fell by 44 billion cubic feet last week
March 25 (Reuters) - U.S. energy firms likely pulled 44 billion cubic feet of natural gas from storage last week, according to the average estimate in a Reuters poll released on Wednesday. The estimate compares with an injection of 33 bcf during the same week a year ago and an average decline of 21 ...Reuters
17 minutes ago
Poland to cut VAT and excise on fuel as prices surge, TVP Info reports
WARSAW, March 26 (Reuters) - Poland's government has decided to cut VAT and excise tax on fuels, TVP Info reported on Thursday, citing sources, as Warsaw moves to shield drivers from the impact of the war in the Middle East. Prime Minister Donald Tusk will announce details at a press co...Reuters
20 minutes ago
Air Canada CEO apologizes for English-only remarks after Carney criticism
March 26 (Reuters) - Air Canada AC.TO CEO Michael Rousseau on Thursday apologized for expressing condolences after a fatal crash in English and not in French, the country's second official language, after coming under criticism from Prime Minister Mark Carney. Rousseau said he was "deeply s...Reuters
23 minutes ago
PRESS DIGEST-Canada - March 26
March 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILLNG Canada has agreed to take the lead role in a possible expansion of the Coastal GasLink pipeline in northern Bri...Reuters
24 minutes ago
Gold slides as US-Iran uncertainty and global interest rate outlook weigh
Gold (XAU/USD) edges lower on Thursday, snapping a two-day winning streak as uncertainty surrounding US-Iran negotiations to end the conflict keeps markets on edge, with price action largely driven by hawkish global interest rate expectations stemming from an Oil-driven inflation shock.
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24 minutes ago
Russia's vast Kirishi oil refinery halts operations after drone attack, sources say
MOSCOW, March 26 (Reuters) - Russia's vast Kirishinefteorgsintez oil refinery, one of country's largest, halted processing on Thursday following Ukrainian drone attacks which set some plant's units ablaze, two industry sources said.They said some primary and secondary units caught fire a...Reuters
25 minutes ago
Maersk says Gulf land-bridge routes still have capacity for food, medicines
Maersk using land-bridge routes to keep food, medicines flowing to GulfWar in Middle East has rippled across global supply chainsGulf countries import up to 85% of their foodRising costs for fuel, insurance, and transport increase logistics pricesBy Maggie Fick LONDON, March 26 (Reuters) - Shippi...Reuters
27 minutes ago
Oil rises as investors fear further Middle East escalation
Iran reviews US proposal, but has no interest in holding talksUkrainian attacks, tanker seizures halt 40% of Russia oil export capacityTurkey says drone struck oil tanker in the Black SeaBy Ahmad Ghaddar LONDON, March 26 (Reuters) - Oil rose by over 4% on Thursday, rebounding from the previous se...Reuters
30 minutes ago
Putin says Iran war consequences could be as serious as those of COVID pandemic
MOSCOW, March 26 (Reuters) - Russian President Vladimir Putin said on Thursday that it was hard to predict the consequences of the conflict in the Middle East but that some had compared the potential impact to that of the COVID pandemic.The conflict, Putin said, was causing significant damage to int...Reuters
30 minutes ago
ANALYSIS-Iran war chokes petrochemical supply, sends plastic prices soaring
Iran war pushes key plastics and polymer prices upAnalysts say Asia most exposed to surging prices and supply chain disruptionsU.S. remains as the most cost-advantaged regionGlobal chemical companies have begun passing on costs to customersBy Pooja Menon and Pranav Mathur March 26 (Reuters) - D...Reuters
40 minutes ago
How US-Israeli war on Iran is upending global business
March 26 (Reuters) - The U.S.-Israeli war on Iran is rattling businesses worldwide, driving up energy prices, squeezing supplies of critical raw materials and raising questions about the reliability of trade routes critical to the flow of goods from food to car parts.Below are the main disruptions s...Reuters
an hour ago
EU Commission: no current security of gas supply issue in EU
BRUSSELS, March 26 (Reuters) - There is currently no issue with natural gas supply to the European Union as a result of global energy market disruption amid the Iran war, European Commission spokesperson Anna-Kaisa Itkonen said on Thursday.The Commission held a meeting with the 27 member states to d...Reuters
an hour ago
US to supply more crude, LNG to Taiwan, senior US diplomat says
TAIPEI, March 26 (Reuters) - The United States will supply more crude oil and liquefied natural gas to Taiwan to mitigate the effect of an "ongoing global commodity supply disruption", the top U.S. diplomat in Taiwan said on Thursday."America stands ready to support Taiwan's energy n...Reuters
an hour ago
Dynacor Group's 2025 sales, net income rise on higher volmes, gold prices
OverviewCanada ore processor's 2025 sales rose 40% yr/yr, slightly missed two-analyst estimate2025 net income and diluted EPS increased, driven by higher gold prices and expansionCompany completed Svetlana plant acquisition, expanded internationally, and raised annual dividendOutlookDynacor sees...Reuters
an hour ago
Lovesac Q4 sales beat estimates, helped by showroom expansion
OverviewU.S. home furniture brand's Q4 sales rose 2.7% yr/yr, beating analyst expectationsQ4 adjusted EBITDA missed consensus, net income declined yr/yrCompany announced new $40 mln share repurchase authorizationOutlookLovesac sees FY27 net sales between $700 mln and $750 mlnCompany expects FY27...Reuters
2 hours ago
Russia's Rosatom evacuates another group of staff from nuclear plant in Iran, TASS says
MOSCOW, March 26 (Reuters) - The head of Russia's state nuclear corporation Rosatom, Alexei Likhachev, said on Thursday that Rosatom had evacuated another group of its staff from Iran's Bushehr nuclear power plant, TASS reported.The International Atomic Energy Agency on Tuesday said it had b...Reuters
2 hours ago
WTO chief: world order has irrevocably changed
By Olivia Le PoidevinGENEVA, March 26 (Reuters) - The head of the World Trade Organization said on Thursday the multilateral system has fundamentally changed and that countries must look to the future to consider how to reform the global trade system. "The world order and multilateral system we ...Reuters
2 hours ago
RPT-ROI-Europe scales back climate goals to ease Iran war energy shock: Bousso
By Ron Bousso HOUSTON, March 26 (Reuters) - The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in i...Reuters
2 hours ago
Maersk says alternative Gulf land-bridge routes still have capacity for food, medicine deliveries
LONDON, March 26 (Reuters) - There is still capacity via alternative land-bridge routes set up to keep food and medicine flowing despite the war in the Gulf, the Middle East head of shipping giant Maersk told Reuters on Thursday.Danish container shipping group A.P. Moller-Maersk MAERSKb.CO is coordi...Reuters
2 hours ago
