News
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TECHNICALS-CBOT soybeans to test support zone of $10.10-1/2 to $10.15-1/4
For more technical analyses, please click SINGAPORE, March 10 (Reuters) - The CBOT soybean May contract SK25 is expected to test support zone of $10.10-1/2 to $10.15-1/4 per bushel, a break below which could open the way toward $9.97.The contract broke support at $10.22-3/4, after failing to break r...Reuters
Mon, Mar 10
CERAWEEK-US energy secretary promises executives faster industry development
By Arathy Somasekhar and Liz HamptonHOUSTON, March 9 (Reuters) - In one of his first meetings with oil and gas executives since being confirmed as U.S. energy secretary, Chris Wright said he intended to speed up permitting and support the industry, attendees told Reuters.His comments, made at a dinn...Reuters
Mon, Mar 10
GRAINS-Soybeans fall for second session on US tariffs, corn down
Worries over U.S. tariffs on China pressure soybean pricesCorn prices fall, give up some gains; wheat futures riseBy Naveen Thukral SINGAPORE, March 10 (Reuters) - Chicago soybean futures lost more ground on Monday, while corn prices fell as trade tensions between the United States and its key tr...Reuters
Mon, Mar 10
METALS-London copper eases on US tariff woes, but weak dollar caps fall
NEW DELHI, March 10 (Reuters) - London copper edged lower on Monday amid uncertainties around U.S. tariff policies, although some weakness in the dollar limited the downside.Three-month copper on the London Metal Exchange (LME) CMCU3 eased 0.3% to $9,588 a metric ton by 0223 GMT.The most-active copp...Reuters
Mon, Mar 10
ExxonMobil Reports Operations Require Flaring At Beaumont, Texas Refinery
March 9 (Reuters) - Exxon Mobil Corp XOM.N:REPORTS OPERATIONS REQUIRE FLARING AT BEAUMONT, TEXAS, REFINERY SOURCE: SOUTHEAST TEXAS ALERTING NETWORK - COMMUNITY ALERTTHE BEAUMONT COMPLEX HOUSES A 609,024 BARREL-PER-DAY OIL REFINERYReuters
Mon, Mar 10
GRAINS-Corn firms for fourth session; soybeans, wheat rise
SINGAPORE, March 10 (Reuters) - Chicago corn futures rose on Monday for a fourth straight session, as the suspension of U.S. tariffs on top importer Mexico eased worries over trade disruptions.Soybeans and wheat edged higher.FUNDAMENTALS* The most-active corn contract on the Chicago Board of Trade (...Reuters
Mon, Mar 10
Gold Price Forecast: XAU/USD holds above $2,900 amid global uncertainty, weaker US job data
Gold price ( XAU/USD) attracts some buyers to around $2,915 during the early Asian session on Monday. Global uncertainty and the threat of a global trade war by US President Donald Trump provide some support to the precious metal.Fxstreet
Mon, Mar 10
PRECIOUS-Gold edges higher on dollar weakness, safe-haven flows
March 10 (Reuters) - Gold prices edged higher on Monday, helped by a weaker dollar and safe-haven flows triggered by fears of a global trade war, while investors awaited further clues to gauge the Federal Reserve's interest rate stance.FUNDAMENTALS* Spot gold XAU= was up 0.1% at $2,914.42 an oun...Reuters
Mon, Mar 10
Methanex Corp Says 1.8 Million Tonne Methanol Plant, Geismar 3 (G3), In Geismar, Louisiana Was Impacted By An Unplanned Outage In Late February
March 9 (Reuters) - Methanex Corp MX.TO:METHANEX CORP - 1.8 MILLION TONNE METHANOL PLANT, GEISMAR 3 (G3), IN GEISMAR, LOUISIANA WAS IMPACTED BY AN UNPLANNED OUTAGE IN LATE FEBRUARYMETHANEX CORP - MANAGEMENT CURRENTLY ESTIMATES A PLANT STARTUP BY EARLY MAY 2025.METHANEX CORP - THIS OUTAGE IS EXPECTE...Reuters
Mon, Mar 10
Trump says US has "just about" ended pause on Ukraine intel sharing
ABOARD AIR FORCE ONE, March 9 (Reuters) - U.S. President Donald Trump said on Sunday that the United States had "just about" ended a suspension of intelligence sharing with Ukraine, and that he expects good results out of upcoming talks with Ukrainian officials in Saudi Arabia.Asked if he wo...Reuters
Mon, Mar 10
Oil prices decline as investors continue to fret over tariff impact
SINGAPORE, March 10 (Reuters) - Oil prices fell on Monday as concern about the impact of U.S. import tariffs on global economic growth and fuel demand, as well as rising output from OPEC+ producers, cooled investor appetite for riskier assets.Brent crude LCOc1 fell 25 cents, or 0....Reuters
Mon, Mar 10
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, March 10 (Reuters) - Contract Target Support/Resistance Brent oil $69.48/$68.78/$68.35res $70.61/$71.31Palm oil (3rd month)4,716 ringgitsup 4,567/4,475 ringgitWTI* $65.74/$65.40res $66.89/$67.60/$68.18Spot gold$2,894/$2,879res $2,927/$2,939LME cop...Reuters
Mon, Mar 10
Trump says he expects good results from U.S.-Ukraine talks
WASHINGTON, March 9 (Reuters) - President Donald Trump said on Sunday that he expects good results out of U.S. talks with Ukrainian officials in Saudi Arabia.He told reporters that the administration has just about lifted an intelligence pause on Ukraine, that they are looking at a lot of things wit...Reuters
Sun, Mar 9
US weather agency plans to fire 1,000 in second round of cuts
Veterans Department to start mass layoffs as early as JuneSweeping spending restrictions being felt across governmentSecond round of cuts at NOAA would reduce agency headcount by 20% this yearBy Nathan Layne, Alexandra Alper and Phil Stewart WASHINGTON, March 9 (Reuters) - The U.S. government age...Reuters
Sun, Mar 9
COLUMN-Spooked by tariffs, funds purge bullish corn bets in near-record fashion: Braun
By Karen Braun NAPERVILLE, Illinois, March 9 (Reuters) - An imminent trade war between the United States and its two largest agricultural trading partners sent bullish Chicago corn speculators running for the hills last week.But very few bears were made of the ordeal.On Thursday, U.S. tariffs aga...Reuters
Sun, Mar 9
