News
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Goldman Sachs sees downside risk to oil price view amid tariffs, spare capacity
March 18 (Reuters) - Tariff escalation and high spare capacity skew medium-term risks to Goldman Sachs' oil price forecast to the downside, the bank said."While we reduced our Brent forecast range by $5/bbl to $65-80, we expect oil prices to edge up in coming months, and think that market pr...Reuters
Wed, Mar 19
US judge blocks Trump's EPA from clawing back climate grants
By Nate Raymond March 18 (Reuters) - A U.S. judge on Tuesday temporarily blocked the U.S. Environmental Protection Agency from recovering grant funds issued as part of a $20 billion climate funding program that President Donald Trump's administration has moved to terminate.U.S. District Judg...Reuters
Wed, Mar 19
Qilak LNG, Alaska's smaller gas project, seeks a role in Trump's Asia push, CEO says
Qilak LNG aiming to produce 4 mln T per year, CEO Treadwell says Wants to be part of Trump's gas push for AsiaAsian buyers should diversify their purchasing strategy from Russia, CEO says By Katya Golubkova TOKYO, March 19 (Reuters) - Qilak LNG, which is hoping to develop a LNG project in Ala...Reuters
Wed, Mar 19
Gold price holds steady near all-time peak; Fed decision awaited
Gold price (XAU/USD) enters a bullish consolidation phase near the all-time peak as bulls pause for a breather and opt to wait for the outcome of a two-day FOMC policy meeting due later during the US session on Wednesday.Fxstreet
Wed, Mar 19
METALS-Copper retreats from five-month high; market focus on potential Trump tariff
SHANGHAI, March 19 (Reuters) - Copper prices on the London Metals Exchange (LME) retreated from a five-month high on Wednesday, with markets watching out for potential U.S. tariffs on copper.Benchmark three-month copper CMCU3 on the LME slid from a five-month high and fell 0.1% to $9,894.5 a metric ...Reuters
Wed, Mar 19
US judge blocks Trump's EPA from clawing back climate grants
By Nate Raymond March 18 (Reuters) - A U.S. judge on Tuesday temporarily blocked the U.S. Environmental Protection Agency from recovering grant funds issued as part of a $20 billion climate funding program that Republican President Donald Trump's administration has moved to terminate.U.S. Di...Reuters
Wed, Mar 19
GRAINS-Wheat drops on Black Sea hopes, corn down on US planting outlook
Russia agrees to 30-day halt on energy facility strikesCorn under pressure on expectations of higher U.S. planting By Naveen Thukral SINGAPORE, March 19 (Reuters) - Chicago wheat slid on Wednesday as top grain exporter Russia agreed to stop attacking energy facilities temporarily in rival supplie...Reuters
Wed, Mar 19
TECHNICALS-CBOT soybeans neutral in $10.11-1/4 to $10.22 range
For more technical analyses, please click SINGAPORE, March 19 (Reuters) - The CBOT soybean May contract SK25 looks neutral in a range of $10.11-1/4 to $10.22 per bushel, and an escape could suggest a direction.A break above $10.22 would confirm the continuation of a wave C from $9.94, toward $10.39-...Reuters
Wed, Mar 19
PRECIOUS-Gold hovers near record high as Mideast woes, US tariff concerns linger
March 19 (Reuters) - Gold traded just below the record high hit in the previous session on Wednesday, supported by safe-haven demand spurred by geopolitical tensions and tariff uncertainty, while traders awaited the Federal Reserve's policy decision.FUNDAMENTALS* Spot gold XAU= fell 0.1% to $3,0...Reuters
Wed, Mar 19
RPT-Russian oil cargo transferred from sanctioned tankers discharged into China, data shows
By Chen Aizhu SINGAPORE, March 18 (Reuters) - A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a Chinese port, shiptracking data shows, ending an unusual month-long voyage highlighting the efforts of producers and traders to ...Reuters
Wed, Mar 19
TABLE-Japan February commodity imports
March 19 (Reuters) - The following is a table of Japan's imports of selected agricultural and other commodities in February compiled from preliminary customs trade data released on Wednesday.Volumes are expressed in metric tons and value figures are in millions of Japanese yen.CommodityVolumeYr/...Reuters
Wed, Mar 19
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 19 (Reuters) - Contract Target Support/Resistance Brent oil $70.05/$69.40res $71.23/$71.79Palm oil (3rd month)4,296 ringgitres 4,407/4,442 ringgitWTI* $66.45/$66.01/$65.30res $67.15/$67.59/$68.30Spot gold$3,017res $3,040/$3,055LME copper (3r...Reuters
Wed, Mar 19
Oil prices ease after US-Russia agreement on 30-day energy ceasefire
Putin agrees to halt on energy facility strikesOngoing Middle East turmoil limits oil price declinesAPI shows weekly US crude stocks rise, fuel inventories fallBy Laila Kearney March 19 (Reuters) - Oil prices slid on Wednesday after Russia agreed to U.S. President Donald Trump's proposal that...Reuters
Wed, Mar 19
GRAINS-Corn drops on US planting outlook, wheat falls
SINGAPORE, March 19 (Reuters) - Chicago corn futures slid for a second session on Wednesday, with pressure from expectations of higher planting in the United States this year. Wheat faced headwinds as Russia agreed to stop attacking Ukrainian energy facilities temporarily even though it declined to ...Reuters
Wed, Mar 19
CIF/FOB Gulf Grain-Corn barge bids firm; soy bids steady
CHICAGO, March 18 (Reuters) - Spot basis bids for corn delivered by barge to the U.S. Gulf Coast firmed on Tuesday, supported by a slow pace of farmer offerings of the grain into Midwest river elevators, traders said.* CIF Gulf corn barges loaded in March were bid at 67 cents over Chicago Board of T...Reuters
Wed, Mar 19
