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METALS-Copper holds steady at five-month high on China stimulus plan
SHANGHAI, March 18 (Reuters) - Copper prices on the London Metals Exchange (LME) held steady at a five-month high on Tuesday, driven by China's stimulus plan and a weak U.S. dollar.Benchmark three-month copper CMCU3 on the LME steadied at a five-month high and was unchanged at $9,864 a metric to...Reuters
Tue, Mar 18
Freeport Indonesia says has export permit for 1.27 million tons of copper concentrate
JAKARTA, March 18 (Reuters) - Freeport Indonesia has obtained a permit to export 1.27 million metric tons of copper concentrate, its spokesperson said on Tuesday. The Indonesian government had said it would issue a six-month export permit while Freeport repairs a damaged smelter.Reuters
Tue, Mar 18
Gold Price Forecast: XAU/USD rises above $3,000 to record highs amid safe-haven demand
Gold price (XAU/USD) surged to a record high of $3,005 per troy ounce during Asian trading hours on Tuesday, driven by strong safe-haven demand amid ongoing trade tariff uncertainty and geopolitical tensions.
Fxstreet
Tue, Mar 18
Alaskan officials to seek investors in Asia as Trump touts LNG
Alaska wants investors for proposed $44 billion LNG pipelineJapanese firms have yet to commit to Alaska LNG projectTrump's Japan ambassador says he will pursue LNG commitment By Katya Golubkova, Yuka Obayashi and Tim Kelly TOKYO, March 17 (Reuters) - Alaska's governor and state representa...Reuters
Tue, Mar 18
Oil prices muted as slowdown worries offset China data, Mideast risks
By Colleen Howe BEIJING, March 18 (Reuters) - Oil prices were little changed in early trading on Tuesday as global growth concerns, U.S. tariffs and Russia-Ukraine ceasefire talks offset increased instability in the Middle East that could impact supply. Brent LCOc1 futures ticked up 10 cents, or ...Reuters
Tue, Mar 18
Gold scales record peak, rises above $3,000 again as tariff uncertainty fuels safe-haven demand
March 18 (Reuters) - Gold prices scaled a record peak above the key $3,000 mark on Tuesday for the second time within a week, as investors sought cover from economic concerns fuelled by U.S. President Donald Trump's tariff polices.Spot gold XAU= prices hit a record high of $3,005.09 per ounce. H...Reuters
Tue, Mar 18
CIF/FOB Gulf Grain-Soybean barge bids firm in low-volume trade
CHICAGO, March 17 (Reuters) - Spot basis bids for soybeans delivered by barge to the U.S. Gulf Coast edged higher on Monday in low-volume trading, supported by limited farmer sales of the oilseed and increasing barge freight costs, traders said.* Empty barges were offered for this week on the Missis...Reuters
Tue, Mar 18
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 18 (Reuters) - Contract Target Support/Resistance Brent oil $70.53/$70.05res $71.23/$71.79Palm oil (3rd month)--WTI* $66.45res $67.59/$68.30Spot gold$3,017/3,040sup $2,979/$2,966/$2,956LME copper (3rd month)*$9,895/$9,983sup $9,824/$9,752LME...Reuters
Tue, Mar 18
GRAINS-Wheat near 2-1/2-week high on US crop woes; soybeans recover
SINGAPORE, March 18 (Reuters) - Chicago wheat gained more ground on Tuesday, with the market trading near its highest since late February after a U.S. report showed decline in winter crop rating, raising concerns over supplies. Soybeans edged higher, recouping last session's losses, while corn r...Reuters
Tue, Mar 18
Trump administration aims to make faster meat processing permanent
Pork, chicken plants allowed to run faster under waiversUSDA says faster speeds improve efficiencyAgency plans rulemaking to formalize speed increases By Tom Polansek and Leah Douglas CHICAGO/WASHINGTON, March 17 (Reuters) - The Trump administration said on Monday it plans to permanently allow U....Reuters
Mon, Mar 17
Venezuela's PDVSA to keep producing, exporting oil previously handled by Chevron, document says
PDVSA to produce 105,000-138,000 bpd of Hamaca heavy crudeA portion of output to be refined domestically, another exported to markets other than the USDiluents to be recycled, supplied from Paraguana complex March 17 (Reuters) - Venezuela's state-run PDVSA has put together three operational s...Reuters
Mon, Mar 17
Many elements of Ukraine deal agreed, much remains, Trump says ahead of Putin call
March 17 (Reuters) - U.S. President Donald Trump on Monday said many elements of a final deal on Ukraine had been agreed to but much remained, ahead of a call with Russian President Vladimir Putin on Tuesday."I look very much forward to the call with President Putin," he wrote on Truth Socia...Reuters
Mon, Mar 17
Nucor enters fifth amended, restated multi-year revolving credit agreement
March 17 (Reuters) - Nucor Corp NUE.N:NUCOR CORP -ON MARCH 11, ENTERED FIFTH AMENDED, RESTATED MULTI-YEAR REVOLVING CREDIT AGREEMENTNUCOR CORP - INCREASES BORROWING CAPACITY TO $2.25 BILLIONNUCOR CORP - EXTENDS CREDIT FACILITY MATURITY DATE TO MARCH 11, 2030Source text: [ID:n0001193125-25-055684]Reuters
Mon, Mar 17
El Paso Declares Force Majeure At South Carlsbad and Pecos River Compressor Station, New Mexico
March 17 (Reuters) - KINDER MORGAN'S KMI.N EL PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AFTER FINDING ANOMALY ON LINE 3191 BETWEEN SOUTH CARLSBAD AND PECOS RIVER COMPRESSOR STATION, LOCATED IN EDDY COUNTY, NEW MEXICORELATED: [nAQN2K4Z0G]Reuters
Mon, Mar 17
Glencore approached battery recycler Li-Cycle for potential deal
March 17 (Reuters) - London-listed Glencore GLEN.L has made an offer to acquire Canadian lithium battery recycling company Li-Cycle LICYN.MX as part of a proposal to offset operational and financial issues. In a letter to a board chair, dated March 14, Glencore said it would like to commence discuss...Reuters
Mon, Mar 17
PBF Reports Planned Flaring At Torrance, California Refinery
March 17 (Reuters) - PBF Energy Inc PBF.N:REPORTS PLANNED FLARE EVENT AT TORRANCE, CALIFORNIA REFINERY FROM MARCH 18 TO MARCH 25REFINERY CAPACITY: 160,000 BARRELS PER DAYSOURCE - SOUTH COAST AIR QUALITY MANAGEMENT DISTRICT FILINGReuters
Mon, Mar 17
Guy Carpenter: Central US outbreak is second-fastest start to thunderstorm wind season
By Isha MaratheMarch 17 - (The Insurer) - Unusually high winds and a strong low-pressure system led to a multiday thunderstorm outbreak across Central U.S. over the weekend, ranking 2025 as the second-fastest start to the thunderstorm wind season after 2017, according to an event report from Guy Ca...Reuters
Mon, Mar 17
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens
March 17 (Reuters) - The discount of Western Canada Select (WCS) heavy crude to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Monday.* WCS for April delivery in Hardisty, Alberta, settled at $10.65 a barrel under WTI, according to brokerage CalRock, after having ...Reuters
Mon, Mar 17
