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South Africa's Impala Platinum profit soars on higher metal prices
March 5 (Reuters) - Impala Platinum IMPJ.J on Thursday posted a five-fold increase in half-year profit, driven by higher metal prices.The Johannesburg-based miner's headline earnings came in at 9.3 billion rand ($567.36 million) in the six months to December 31, up from 1.9 billion rand previous...Reuters
Thu, Mar 5
ROI-Jet fuel's huge price surge points to coming pain from Iran war: Russell
By Clyde Russell LAUNCESTON, Australia, March 5 (Reuters) - The explosion in jet fuel prices in Asia is an early indicator that the economic pain of the war in the Middle East is about to become reality for energy consumers.Jet fuel prices in Asia's trading hub Singapore rocketed 72% to $225....Reuters
Thu, Mar 5
TECHNICALS-CBOT soybeans neutral with downside bias
For more technical analyses, please click SINGAPORE, March 5 (Reuters) - The CBOT soybean May contract SK26 looks neutral in a narrow range of $11.65 to $11.76-1/4 per bushel, and an escape could suggest a direction.The range falls within a bigger neutral zone of $11.58 to $11.83, mostly defined by ...Reuters
Thu, Mar 5
GRAINS-Soybeans firm on higher oil prices; wheat, corn gain
Soybeans rise in step with higher crude oil pricesWheat rebounds, gains limited by U.S. weather, ample suppliesBy Naveen ThukralSINGAPORE, March 5 (Reuters) - Chicago soybeans rose on Thursday, trading close to a nine-month high on the back of rising oil prices, even though uncertainty over Chinese ...Reuters
Thu, Mar 5
Taiwan says oil, gas stockpiles above regulatory requirements
TAIPEI, March 5 (Reuters) - Taiwan's economy ministry said on Thursday that stockpiles for both oil and natural gas are above regulatory requirements, and it has asked petroleum companies to raise their oil and gas inventory levels and to update inventory and shipping schedule date daily.The min...Reuters
Thu, Mar 5
PRECIOUS-Gold gains on safe-haven demand as Middle East conflict widens
US submarine sinks Iranian warship near Sri LankaWeekly U.S. jobless claims data due later in the dayGold prices to remain volatile due to uncertainty, analyst saysBy Noel John March 5 (Reuters) - Gold rose on Thursday as the widening Middle East conflict drove investors towards the safe-haven as...Reuters
Thu, Mar 5
Iran conflict's impact on energy temporary and a 'small price,' US energy secretary says
Iran conflict disrupts Middle East oil flows, raises energy pricesUS Navy to escort oil tankers through Strait of HormuzWright downplays long-term impact of Iran conflict on energy marketsBy Ismail Shakil March 4 (Reuters) - The impact of the Iran conflict on energy markets will be temporary and ...Reuters
Thu, Mar 5
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
March 5 (Reuters) - A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said.The master observed a small craft leaving the area following the explosion, which occurred 30 nautical miles (56 km)...Reuters
Thu, Mar 5
Trafigura, Venezuelan mining firm sign deal for up to 1,000 kg of gold, Axios reports
March 4 (Reuters) - Venezuela's state-owned mining company has signed a multimillion-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for U.S. markets, Axios reported on Wednesday, citing two sources familiar with the deal.Reuters
Thu, Mar 5
Australia, Canada sign new deals on critical minerals
G7 alliance aims to diversify critical minerals supply chainsCanada and Australia significant global producers of lithium, uranium, iron oreMiddle powers to deepen cooperation in defence, trade, AIBy Alasdair Pal and Melanie BurtonSYDNEY, March 5 (Reuters) - Australia and Canada said on Thursday the...Reuters
Thu, Mar 5
TECHNICALS-US oil targets $79.88 as upside opens toward $100
For more technical analyses, click SINGAPORE, March 5 (Reuters) - U.S. oil CLc1 is poised to break resistance at $77.81 per barrel and rise toward $79.88. Bulls are launching the third attack after failing twice to overcome this barrier. They are highly likely to succeed and push the price toward ...Reuters
Thu, Mar 5
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
March 5 (Reuters) - A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said.The master observed a small craft leaving the area following the explosion, which occurred 30 nautical miles (56 km)...Reuters
Thu, Mar 5
GRAINS-Wheat ticks up after losses; soybeans under pressure
SINGAPORE, March 5 (Reuters) - Chicago wheat rose on Thursday, recouping some of last session's losses, although ample global supplies and improved U.S. weather are likely to cap the upside potential in prices.Soybeans were largely unchanged, with the market torn between support from rising oil ...Reuters
Thu, Mar 5
NASA to tap ULA for critical moon-rocket hardware, Bloomberg News reports
March 4 (Reuters) - NASA plans to select United Launch Alliance to supply a critical component for future missions of its moon rocket, Bloomberg News reported on Wednesday, citing people familiar with the matter. The move could replace planned Boeing-built hardware, which NASA's inspector...Reuters
Thu, Mar 5
Silver Price Forecast: XAG/USD holds steady above $84.00; seems vulnerable
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day's broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day.
Fxstreet
Thu, Mar 5
