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TABLE-Japan aluminium buyers agree to pay Q2 premium of $350-$353/T
TOKYO, March 26 (Reuters) - Japanese aluminium buyers have agreed to pay global producers a premium of $350-$353 per metric ton over the benchmark price for April-June shipments, up 79-81% from the current quarter, four sources directly involved in the pricing talks said. Following is a table...
Reuters
Thu, Mar 26
Silver Tumbles as Rate Outlook Weighs on Metals Market
TradingKey - Spot silver slumped as much as 6% on Thursday morning GMT, erasing the previous day’s rebound and trading around $68.1 an ounce by 9 a.m. GMT. The sharp decline reflected renewed investor concern over the global interest‑rate outlook.
Silver
TradingKey
Thu, Mar 26
EUROPE GAS-Prices rebound after Iran says will not hold talks with U.S. to end the war
Iran says it has no intention of holding talksConcerns raised again about longer duration of energy flow disruptionColder weather in north-west Europe forecast LONDON, March 26 (Reuters) - Dutch and British wholesale gas prices rose on Thursday morning, rebounding from the previous session, as I...
Reuters
Thu, Mar 26
International Oil Prices Continue to Rise, Brent Returns to $100 Mark
TradingKey - International oil prices extended their upward trend. As of the latest trading session, Brent crude broke through $100 per barrel, trading at $100.33 per barrel with an intraday gain of over 3%; WTI crude rose 4.0% intraday to $93.94 per barrel.
TradingKey
Thu, Mar 26
Japan Q2 aluminium premiums set at $350-$353/T, up 79%-81% from Q1, sources say
TOKYO, March 26 (Reuters) - The premiums for aluminium shipments to Japanese buyers for April to June were set at $350-$353 per metric ton, up 79%-81% from the current quarter, reflecting tightening supply, four sources directly involved in the pricing talks said.Japan is a major Asian importer of t...
Reuters
Thu, Mar 26
Singapore fuel oil inventories hold above 24 million barrels for third week
SINGAPORE, March 26 (Reuters) - Onshore fuel oil inventories in Singapore held at levels over 24 million barrels for a third consecutive week, maintaining well above average, data showed on Thursday. Residual fuel stockpiles were at 24.51 million barrels (about 3.79 million metric tons) in the week...
Reuters
Thu, Mar 26
Barclays Sees 13–14 Million Bpd Oil Supply Loss from Prolonged Hormuz Disruption
March 26 (Reuters) - Barclays said on Thursday that a prolonged closure of the Strait of Hormuz would likely lead to a 13-14 million barrels per day supply loss, noting that while the scale of the disruption is immense, so is the uncertainty around its duration.
WTI
Reuters
Thu, Mar 26
US: War shock keeps prices elevated – Rabobank
Rabobank’s Philip Marey and Kan Ji argue that higher global Oil prices from the Iran conflict will push US inflation higher and keep it more persistent.
Fxstreet
Thu, Mar 26
Philippines suspends spot power sales as Iran war sends prices soaring
By Sudarshan Varadhan SINGAPORE, March 26 (Reuters) - The Philippines suspended electricity sales on the Wholesale Electricity Spot Market until further notice on Thursday due to fuel supply risks and price volatility caused by the Iran war. The suspension - a rare state intervention in one o...
Reuters
Thu, Mar 26
Poland working on plan to lower fuel prices, says finance minister
WARSAW, March 26 (Reuters) - Poland is working on a solution to lower fuel prices which may involve lowering VAT, Finance Minister Andrzej Domanski told Polish public radio on Thursday."The government is working to lower prices at petrol stations," he said. "Reducing VAT is one of the so...
Reuters
Thu, Mar 26
France to announce targeted measures to address energy prices, minister says
PARIS, March 26 (Reuters) - France will announce targeted measures in the coming days to address energy price spikes driven by the Iran war, French finance minister Roland Lescure said on Thursday.The government is preparing support for sectors hit hard by rising costs, including trucking companies ...
Reuters
Thu, Mar 26
ROI-Europe scales back climate goals to ease Iran war energy shock: Bousso
By Ron Bousso HOUSTON, March 26 (Reuters) - The European Union may be forced to scale back its flagship climate policies and geopolitical aims as the Iran war drives up energy prices - with lasting consequences for the bloc's energy strategy.The energy crunch sparked by the conflict, now in i...
Reuters
Thu, Mar 26
Turkish crude oil tanker hit by drone near Bosphorus strait, NTV says
ANKARA, March 26 (Reuters) - A Turkish crude oil tanker, the Altura, was hit by a drone some 15 nautical miles (28 km) off Istanbul's Bosphorus strait, broadcaster NTV reported on Thursday, adding that its 27 personnel were safe.The Sierra Leone-flagged vessel had departed from Russia's port...
Reuters
Thu, Mar 26
TABLE-North Sea gas maintenance schedule: Adds Aldbrough outage
March 26 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...
Reuters
Thu, Mar 26
ANZ Says Further Rise in Aluminium Prices Could Accelerate Demand Rationing
March 26 (Reuters) - ANZ:SAYS WHILE HIGHER ALUMINIUM PRICES AND REGIONAL PREMIUMS HAVE ALREADY BEEN TEMPERING DEMAND, A FURTHER RISE WOULD LIKELY ACCELERATE DEMAND RATIONINGSAYS THEIR Q3 2026 FORECAST OF $3,600/T MARKS THE HIGH POINT IN THIS CYCLEESTIMATES NEARLY 800 - 1,000KT OF PRODUCTION WILL BE ...
Reuters
Thu, Mar 26
Australia gas supply crunch pushed out to 2030, market operator says
By Helen Clark PERTH, March 26 (Reuters) - Expectations of a long-feared gas shortage on Australia's east coast have been pushed out by a year to 2030, due to coal power extensions, declining consumption and fast battery uptake, the country's energy market operator said on Thursday. “Prac...
Reuters
Thu, Mar 26
Barclays says Risks to Their $85/bbl Brent 2026 Forecast Skewed Higher
March 26 (Reuters) - BARCLAYS: NOTWITHSTANDING UNCERTAINTIES ABOUT THE DURATION OF THE MIDDLE EAST CONFLICT, RISKS TO THEIR $85/B BRENT 2026 FORECAST SKEWED HIGHERSAYS EVEN WITH MAX DIVERSION VIA YANBU AND FUJAIRAH, PROLONGED STRAIT OF HORMUZ DISRUPTION IMPLIES 13–14 MB/D SUPPLY LOSSSAYS IF THE SITU...
Reuters
Thu, Mar 26
France among nations eyeing Australia critical minerals investment, Australian minister says
France expected to invest in Australian critical minerals projects-ministerAustralia critical minerals reserve to feed into US stockpiles-ministerAustralia may need to back industry for decades - ministerBy Melanie Burton MELBOURNE, March 26 (Reuters) - France is among the countries poised to inv...
Reuters
Thu, Mar 26
WTI Price Forecast: Retakes $91.00 as bulls await breakout above 200-hour EMA
West Texas Intermediate (WTI) Crude Oil prices stick to a positive bias for the second consecutive day on Thursday, though the intraday uptick lacks bullish conviction.
WTI
Fxstreet
Thu, Mar 26
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Gold
Fxstreet
Thu, Mar 26
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