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Canada eyes Mercosur pact by autumn
By Olivia Le Poidevin YAOUNDE, March 27 (Reuters) - Canada's minister of international trade said on Friday that he hopes to conclude a free-trade agreement with South America's Mercosur bloc by the autumn."We're stepping up the negotiation timelines a little bit. Hopefully we can...Reuters
7 minutes ago
Canada eyes Mercosur pact by autumn
YAOUNDE, March 27 (Reuters) - Canada's minister of international trade said on Friday that he hopes to conclude a free-trade agreement with South America's Mercosur bloc by the autumn."We're stepping up the negotiation timelines a little bit. Hopefully we can have negotiations every ...Reuters
20 minutes ago
Europe Gasoline/Naphtha-Gasoline margins firm in thin trading
LONDON, March 27 (Reuters) - Northwest European gasoline refinery profit margins rose on Friday by $1.44 to $12.25 as trading activity remained muted.No barges of either the winter grade Eurobob E10 or the winter E5 gasoline grade traded on Friday in the Argus window for a second consecutive session...Reuters
26 minutes ago
Trump says he wants Deere, Caterpillar to cut farmers' tractor costs
WASHINGTON, March 27 (Reuters) - U.S. President Donald Trump said on Friday that he wanted top agriculture supply brands, including John Deere, Case and Caterpillar, to lower farmers' tractor and equipment costs.Deere & Co DE.N shares were down 2% after the statement, while Case manufacturer...Reuters
39 minutes ago
ANALYSIS-Services firms feel the squeeze as oil rally from Iran war fails to spur drilling
Oilfield services firms face slowdown despite rising oil pricesMiddle East exposure leaves major service firms vulnerableRepair work could revitalize oilfield services demandBy Anushree Mukherjee, Vallari Srivastava and Pranav Mathur March 27 (Reuters) - Global oilfield services companies are br...Reuters
43 minutes ago
Oil prices gain but set for first weekly decline since start of Iran war
US extends Strait of Hormuz deadline Investors remain wary of prolonged conflictPrices could hit $200 if war drags on, Macquarie analysts sayBy Shariq Khan NEW YORK, March 27 (Reuters) - Oil prices rose on Friday reflecting scepticism about prospects for a ceasefire in the month-old Iran war, but...Reuters
44 minutes ago
US drillers cut oil and gas rigs for second week in a row, Baker Hughes says
By Scott DiSavino and Anmol Choubey March 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said on Friday.The oil and gas rig count, an early ind...Reuters
55 minutes ago
METALS-Copper rises as Trump extends deadline for attacks on Iranian energy plants
By Polina Devitt LONDON, March 27 (Reuters) - Copper and aluminium prices rose in volatile trade on Friday as U.S. President Donald Trump extended a deadline for striking Iran's energy plants, even though markets appeared sceptical about the chances of the two sides agreeing on a deal.Benchma...Reuters
56 minutes ago
US drillers cut oil and gas rigs for second week in a row, Baker Hughes says
March 27 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row for the first time since mid-January, energy services firm Baker Hughes BKR.O said on Friday.The oil and gas rig count, an early indicator of future output, fell by nine t...Reuters
an hour ago
US finalizes biofuel blending quotas for 2026-27
WASHINGTON, March 27 (Reuters) - The Trump administration on Friday finalized new biofuel blending volumes mandates for the U.S. oil refiners, requiring more of the fuels made from corn and other agricultural products than initially proposed, in an apparent win for farmers. The Environmental Protect...Reuters
an hour ago
Portugal proposes diesel subsidy to mitigate Iran war energy cost
By Sergio Goncalves LISBON, March 27 (Reuters) - Portugal proposed a temporary subsidy of 10 euro cents per litre on diesel for key sectors such as agriculture and transport on Friday to ease fuel cost increases due to the Iran war.The subsidies could cost up to 450 million euros ($519 million) o...Reuters
an hour ago
US finalizes biofuel blending quotas for 2026-27
WASHINGTON, March 27 (Reuters) - The Trump administration on Friday finalized new biofuel blending volumes mandates for the U.S. refining industry, setting the 2026 biofuel obligations at 26.81 billion RINs and the 2027 obligation at 27.02 billion RINs, and requiring large refiners to make up for 70...Reuters
an hour ago
US expects Iran operation to conclude in weeks, not months, says Rubio
PARIS, March 27 (Reuters) - Secretary of State Marco Rubio said on Friday the U.S. expects its operation in Iran to conclude in "weeks, not months" after he met with G7 foreign ministers in France.Rubio also said Iran may decide to set up a tolling system for the Strait of Hormuz.Reuters
2 hours ago
Chinese ships halt attempt to exit Hormuz despite Iran safe passage assurances
Two container ships turned back into GulfOperator COSCO recently resumed taking Gulf bookingsIran has given assurances for some countriesIran's own exports, imports largely unfetteredBy Jonathan Saul LONDON, March 27 (Reuters) - Two Chinese container ships turned backed after trying to exit t...Reuters
2 hours ago
GRAINS-Chicago soy slips on profit taking ahead of revised US biofuel targets
Profit-taking pressures soybean pricesGrain markets turn attention to March 31 US planting dataBy Heather Schlitz CHICAGO, March 27 (Reuters) - Chicago soybean futures ticked lower on profit taking ahead of an expected White House announcement later on Friday of revised U.S. biofuel targets that ...Reuters
2 hours ago
US SBA to open up new loan guarantees for farmers and food suppliers, White House official says
WASHINGTON, March 27 (Reuters) - The U.S. Small Business Administration will open up new loan guarantees for farmers and food suppliers as part of actions President Donald Trump will announce on Friday, a White House official said.Reuters
2 hours ago
WTO reform talks face U.S.-India wall in Cameroon, diplomats say
By Olivia Le Poidevin YAOUNDE, March 27 (Reuters) - Large differences remain between most countries and the U.S. and India as trade ministers meet to discuss reforms at the World Trade Organization, two diplomats told Reuters on Friday.The ministers are meeting in Yaounde, Cameroon, as the organi...Reuters
2 hours ago
