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Maire Says Nextchem Wins Contract For Urea to DEF Plant In Virginia
May 7 (Reuters) - Maire SpA MTCM.MI:UNIT NEXTCHEM WINS LICENSING, PROCESS DESIGN PACKAGE FOR UREA TO DIESEL EXHAUST FLUID PLANT IN VIRGINIACONTRACT AWARDED BY ADVANSIXPROJECT SCOPE INCLUDES 700 SHORT TONS/DAY NAMEPLATE UREA MELT PLANTCONTRACT SUBJECT TO FINAL INVESTMENT DECISION, NOTICE TO PROCEED B...Reuters
Thu, May 7
METALS-London copper ticks down as markets assess US-Iran peace prospects
May 7 (Reuters) - London copper prices edged lower on Thursday, as investors took a breather after the previous session's rally and assessed the prospects of a peace deal between the U.S. and Iran as well as the outlook for the Strait of Hormuz.Benchmark three-month copper CMCU3 on the London Me...Reuters
Thu, May 7
Asia Exports of Refined Fuels Plunge Amid Hormuz Closure: Russell
By Clyde Russell LAUNCESTON, Australia, May 7 (Reuters) - While prices for crude oil futures have surged and slumped in line with the latest headlines about the war between the United States and Iran, the impact of the crisis in physical markets for refined fuels has been worsening.Another hint oReuters
Thu, May 7
Gold Fields Says There Have Been Significant Increases In A Number Of Our Key Commodities Since Iran War Commenced
May 7 (Reuters) - Gold Fields Ltd GFIJ.J:JSE: GFI - OPERATIONAL UPDATE FOR THE QUARTER ENDED 31 MARCH 2026GOLD FIELDS LTD - Q1 ATTRIBUTABLE GOLD-EQUIVALENT PRODUCTION 15% HIGHER (YOY) AT 633KOZGOLD FIELDS LTD - NO FATALITIES OR SERIOUS INJURIES RECORDED IN Q1 2026GOLD FIELDS LTD: 2026 GUIDANCE REMAI...Reuters
Thu, May 7
PRESS DIGEST-British Business - May 7
May 6 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Mira Murati, who was briefly chief executive of OpenAI, said current CEO Sam Altman was deceptive with her and othe...Reuters
Thu, May 7
WTI consolidates below $93.00 as traders assess likelihood of US-Iran peace deal
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – oscillates in a range during the Asian session on Thursday and, for now, seems to have stalled the previous day's modest bounce from sub-$87.00 levels, or over a two-week low.
Fxstreet
Thu, May 7
US senators urge stability, cooperation between US, China
BEIJING, May 7 (Reuters) - A delegation of United States senators visiting Beijing has called for stability and peaceful cooperation between the world's two largest economies a week before the countries' leaders meet."I strongly believe that we want to de-escalate, not decouple. We want ...Reuters
Thu, May 7
GRAINS-Wheat drops for 3rd session on US rain outlook; soybeans, corn down
Forecasts of rains in key U.S. wheat areas weigh on pricesHopes of U.S.-Iran deal adding pressure on farm productsBy Naveen Thukral SINGAPORE, May 7 (Reuters) - Chicago wheat slid for a third consecutive session on Thursday, as forecasts for rains in parched U.S. winter crop areas eased some supp...Reuters
Thu, May 7
Gold sticks to positive bias above $4,700, close to over one-week high on weaker USD
Gold (XAU/USD) trades with a positive bias for the third straight day and holds steady above the $4,700 mark during the Asian session on Thursday, just below a one-and-a-half-week high set the previous day.Fxstreet
Thu, May 7
METALS-London copper ticks down as markets assess US-Iran peace talks
May 7 (Reuters) - London copper prices edged lower on Thursday, as investors took a breather after the previous session's rally and assessed the prospects of a peace deal between the U.S. and Iran, and concerns surrounding the Strait of Hormuz.Benchmark three-month copper CMCU3 on the London Met...Reuters
Thu, May 7
China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports
May 6 (Reuters) - China's financial regulator has advised the country's largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the U.S. over their ties to Iranian oil, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters cou...Reuters
Thu, May 7
CDC says monitoring US travelers on cruise ship after hantavirus outbreak
May 6 (Reuters) - The United States is closely monitoring the situation with U.S. travelers on board the luxury cruise ship that was hit by a hantavirus outbreak , the Centers for Disease Control and Prevention (CDC) said on Wednesday. Three people - a Dutch couple and a German nati...Reuters
Thu, May 7
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, May 7 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$97.23res $104.77/$107.22Palm oil (3rd month)4,572/4,538 ringgitres 4,627/4,661 ringgitWTI(1st month)$94.07/$93.01/$91.30res $97.37/$99.04Spot gold$4,678/$4,655res $4,737/$4...Reuters
Thu, May 7
Canada's Fortuna Mining Q1 sales jump 76%, net income more than doubles on higher gold prices
OverviewThe Canadian precious metals miner's Q1 sales rose 76% yr/yr, adjusted net income more than doubledHigher realized gold prices and increased production at Séguéla and Lindero drove resultsCompany returned $40 mln to shareholders via share repurchases, expanded mineral reserves by 15% yr/...Reuters
Thu, May 7
PRESS DIGEST-Financial Times - May 7
May 7 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- PayPal, Mastercard and Visa probed over alleged UK antitrust breaches- Intertek primed to reject EQT's latest 10 billion-pound takeo...Reuters
Thu, May 7
Canada's Lundin Gold Q1 revenue hits record peak on higher bullion prices
OverviewThe Canadian gold miner's Q1 revenue rose to record levels, driven by higher realized gold pricesQ1 net income and free cash flow reached all-time highsCompany paid $1.15 per share dividend and plans LunR Royalties share distribution, pending deal closureOutlookLundin Gold maintains 2026...Reuters
Thu, May 7
GRAINS-Soybeans tick up after losses, higher crude supports
SINGAPORE, May 7 (Reuters) - Chicago soybeans and corn ticked higher on Thursday, supported by a rebound in crude oil prices, while wheat prices firmed amid concerns over dry weather in the U.S. reducing yields.FUNDAMENTALSThe most-active soybean contract on the Chicago Board of Trade (CBOT) Sv1 ros...Reuters
Thu, May 7
China asks banks to pause new loans to US-sanctioned refiners, Bloomberg News reports
May 6 (Reuters) - China's financial regulator has advised the country's largest lenders to temporarily suspend new loans to five refineries recently sanctioned by the U.S. over their ties to Iranian oil, Bloomberg News reported on Wednesday, citing people familiar with the matter.Reuters cou...Reuters
Thu, May 7
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