News
Important Only
CBOT Trends-Wheat down 1-up 1 cent, corn down 1-2, soy up 1-2
CHICAGO, March 10 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CST (1430 GMT) on Tuesday: WHEAT - Down 1 cent to up 1 cent per bushelWheat was choppy as traders awaited fresh news on the conflict in...Reuters
Tue, Mar 10
Slovak PM Fico: agreed with EU's von der Leyen that oil transit via Druzhba must be resumed
March 10 (Reuters) - Slovakia's Prime Minister Robert Fico said on Tuesday after meeting EU chief Ursula von der Leyen that they agreed oil transit through the Druzhba pipeline via Ukraine should be resumed and welcomed EU readiness for technical and financial help for repairs.Russian oil flows ...Reuters
Tue, Mar 10
Ivory Coast sells 400,000 tons of 2025/26 cocoa export contracts, sources say
ABIDJAN, March 10 (Reuters) - Ivory Coast's Coffee and Cocoa Council has sold more than 400,000 metric tons of cocoa export contracts to local grinders in the 10 days since exporters resumed purchases for the mid-crop, sources at the regulator and exporters told Reuters on Tuesday.Exporters'...Reuters
Tue, Mar 10
Hungary central bank to provide FX from reserves to cover energy imports
BUDAPEST, March 10 (Reuters) - Hungary's central bank will provide foreign currency liquidity from its international reserves worth some 60 billion euros ($69.85 billion) in the next months to cover higher foreign currency demand for energy imports, it said in a statement on Tuesday.The bank sa...Reuters
Tue, Mar 10
Critical Metals approves $30 million for Greenland rare earth project development
March 10 (Reuters) - Critical Metals CRML.O said on Tuesday its board approved a $30 million acceleration program for the development of the Tanbreez heavy rare earth project in Greenland.The push comes as the United States ramps up efforts to build domestic rare earth and critical minerals supply c...Reuters
Tue, Mar 10
RPT-ROI-Quality is key as some coal rallies amid LNG's spike on Iran war: Russell
By Clyde Russell LAUNCESTON, Australia, March 10 (Reuters) - The surge in the spot price of liquefied natural gas (LNG) has dragged seaborne thermal coal prices higher, but only for the higher quality grades that can substitute for natural gas in power generation.The spot price of LNG in Asia mor...Reuters
Tue, Mar 10
Coalition Of Companies That Includes Google And Tesla Will Address Energy Affordability By Tapping Into Underused Electricity Grid Capacity - Axios
March 10 (Reuters) - COALITION OF COMPANIES THAT INCLUDES GOOGLE AND TESLA WILL ADDRESS ENERGY AFFORDABILITY BY TAPPING INTO UNDERUSED ELECTRICITY GRID CAPACITY - AXIOSSource text: https://tinyurl.com/4t75k7tsReuters
Tue, Mar 10
EU urges US to strictly enforce G7 price cap on Russian oil
BRUSSELS, March 10 (Reuters) - The European Commission urged the United States on Tuesday to strictly enforce the G7 price cap on Russian oil after Washington announced on Monday it was waiving certain oil-related sanctions as a way to ensure supply and lower prices.Oil prices surged to $119 a barr...Reuters
Tue, Mar 10
Oil could hit $150 amid Gulf shutdown, Wood Mackenzie says
March 10 (Reuters) - War in Iran is currently cutting Gulf oil and oil products supply to the market by some 15 million barrels per day (bpd) which could raise crude prices to $150 per barrel, research and consultancy firm Wood Mackenzie said on Tuesday.Iran's Revolutionary Guards have vowed not...Reuters
Tue, Mar 10
Repsol CEO: Selling Venezuela Assets Not An Option Today
March 10 (Reuters) - Repsol SA REP.MC:PLAN INCLUDES 1 BILLION EUROS OVER THE WHOLE PERIOD OF PROCEEDS FROM PORTFOLIO MANAGEMENTPLAN'S CENTRAL SCENARIO FORESEES POTENTIAL FINANCIAL FLEXIBILITY OF UP TO 2 BILLION EUROSNEW SITUATION IN VENEZUELA MAY CREATE AN OPPORTUNITY TO MOVE FORWARD WITH PROJEC...Reuters
Tue, Mar 10
WHO warns of health risks from 'black rain' in Iran
By Emma Farge GENEVA, March 10 (Reuters) - The World Health Organization warned on Tuesday that the "black rain" falling in Iran after strikes on oil facilities could cause respiratory problems, and it backed Iran’s advisory urging people to remain indoors. The U.N. health agency, which h...Reuters
Tue, Mar 10
Qatar wants to bolster security partnership with US after Iran's strikes
DOHA, March 10 (Reuters) - Qatar wants to strengthen its defence partnership with the United States in the wake of Iranian air strikes on Qatari territory, the foreign ministry spokesperson said on Tuesday, even as it sees the existing deal as an important deterrent.Iran launched missile and drone a...Reuters
Tue, Mar 10
U.S. military striking Iranian mine-laying vessels, top U.S. general says
WASHINGTON, March 10 (Reuters) - The top U.S. general said on Tuesday that the United States was carrying out strikes against Iranian mine-laying vessels. General Dan Caine, chairman of the Joint Chiefs of Staff, told reporters that in the first 10 days of the campaign against Iran, the U.S. had sun...Reuters
Tue, Mar 10
HSBC raises 2026 oil price forecast to $80 per barrel
March 10 (Reuters) - HSBC on Tuesday raised its 2026 average Brent oil price forecast to $80 per barrel, up from its previous forecast of $65 per barrel. The bank also raised its 2026 WTI average forecast to $76 per barrel, up from $62 previously.Reuters
Tue, Mar 10
Aramco posts drop in annual profit, announces first buyback
Aramco announces $3 billion share buyback amid volatile oil marketsNet income below estimates, 12th consecutive quarterly profit declineCEO warns of catastrophic consequences if Hormuz stays blockedBy Yousef Saba March 10 (Reuters) - Saudi Arabia's Aramco 2222.SE, the world's top oil expo...Reuters
Tue, Mar 10
PRECIOUS-Gold rises 1% on easing inflation worries, dollar at one-week low
Spot gold rises 1%Spot silver climbs to one-week highUS dollar falls 0.6% to a one-week lowOil prices fall over 7% after climbing to $120/bbl on MondayTrump predicts the war in the Middle East could be over soonBy Ishaan Arora March 10 (Reuters) - Gold rose 1% on Tuesday, as inflation fears reced...Reuters
Tue, Mar 10
Canada and US lift foot-and-mouth disease restrictions on Germany, says German agricultural ministry
March 10 (Reuters) - Canada and the U.S. have recognised Germany as free from foot-and-mouth disease (FMD) and lifted restrictions on imports of meat and dairy products from the country, the German agricultural ministry said on Tuesday.Both countries had introduced these measures after a FMD outbrea...Reuters
Tue, Mar 10
