News
Important Only
Kuwait's Mina Al-Ahmadi Refinery Hit by Drone Attack, Fire Breaks Out
DUBAI, March 20 (Reuters) - Kuwait's state oil firm KPC said its Mina Al-Ahmadi refinery was hit by multiple drone attacks early on Friday, causing a fire in some units, with no initial casualties reported, the state news agency said.Firefighters responded immediately, with several units shut do...Reuters
Fri, Mar 20
PRESS DIGEST -Wall Street Journal - March 20
March 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- The Federal Communications Commission said it approved the $3.54 billion sale of local television station owner Tegna TGNA.N to Nexstar N...Reuters
Fri, Mar 20
Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices
HANOI, March 20 (Reuters) - Vietnam will switch fully to ethanol-blended gasoline earlier than planned as part of its efforts to curb fossil fuel use, a government document showed on Friday, as the war in Iran continues to disrupt global energy supplies.The Southeast Asian country will begin using E...Reuters
Fri, Mar 20
Iran’s Tough Stance Combined With Israel’s Signal to Pause Attacks, Will Oil Prices Rise or Fall?
TradingKey — Middle East tensions are once again rattling market nerves, pushing crude oil prices into a state of high volatility. Following successive statements from Iran and Israel regarding energy infrastructure, supply concerns and geopolitical risks have rapidly returned as the primary trading
TradingKey
Fri, Mar 20
TECHNICALS-CBOT corn may test support at $4.63-3/4
SINGAPORE, March 20 (Reuters) - CBOT corn CK26 may test support at $4.63-3/4 per bushel, a break below may trigger a drop into the $4.58-1/4 to $4.61 range.The contract has been edging up. However, the bearish divergence on the hourly RSI confirms an exhaustion of the rise. A correction is due.A bre...Reuters
Fri, Mar 20
TECHNICALS-CBOT soybeans biased to test support at $11.64
For more technical analyses, please click SINGAPORE, March 20 (Reuters) - The CBOT soybean May contract SK26 is biased to test a support at $11.64 per bushel, a break below could trigger a fall into the $11.58 to $11.61-1/4 range.A short uptrend has been developing within a channel, the upper channe...Reuters
Fri, Mar 20
GRAINS-Chicago corn falls, tracking weaker crude oil
BEIJING, March 20 (Reuters) - Chicago corn futures fell on Friday, tracking a drop in crude oil prices, while investors assessed the impact of the Middle East conflict on commodities markets.Wheat edged lower while soybean gained.The most-active corn contract on the Chicago Board of Trade (CBOT) Cv1...Reuters
Fri, Mar 20
EXCLUSIVE-Tesla in talks with Chinese firms to buy $2.9 bln worth of solar equipment, sources say
Tesla eyeing purchase of equipment to manufacture solar panels, cells from ChinaSome equipment would require export approval from BeijingChina's Suzhou Maxwell among potential candidatesTesla aims to add 100 GW of solar capacity March 20 (Reuters) - Tesla TSLA.O is looking to buy equipment wo...Reuters
Fri, Mar 20
Silver Price Forecast: XAG/USD holds onto recovery move around $74, outlook remains grim
Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00.
Fxstreet
Fri, Mar 20
GRAINS-Chicago soybeans fall as weaker crude oil pushes down prices
BEIJING, March 20 (Reuters) - Chicago soybean futures fell on Friday, tracking losses in soyoil prices driven by lower crude oil, while investors weighed the market impact of the military conflict in the Middle East. Wheat and corn futures edged lower. FUNDAMENTALSThe most-active soybean contra...Reuters
Fri, Mar 20
Gold Plunges More Than $300 Again, Will It Continue to Fall?
TradingKey - Driven by the Federal Reserve’s hawkish stance, a strengthening US dollar, and reignited inflation expectations from Middle East tensions, gold prices plummeted for two consecutive trading sessions, with a cumulative decline exceeding $500.TradingKey
Fri, Mar 20
Oil Falls as US and Allies Look to Boost Supply, Unchoke Strait of Hormuz
PERTH, March 20 (Reuters) - Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlined moves to boost oil supply.Reuters
Fri, Mar 20
EXCLUSIVE-Tesla in talks with Chinese firms to buy $2.9 bln worth of solar equipment, sources say
Tesla eyeing purchase of equipment to manufacture solar panels, cells from ChinaSome equipment would require export approval from BeijingChina's Suzhou Maxwell among potential candidatesTesla aims to add 100 GW of solar capacity March 20 (Reuters) - Tesla TSLA.O is looking to buy equipment wo...Reuters
Fri, Mar 20
China's exports of rare earth magnets jump ahead of Trump-Xi meeting
BEIJING, March 20 (Reuters) - Chinese exports of rare earth magnets in the first two months of 2026 rose 8.2% from the same period the year before, customs data showed on Friday, ahead of a highly anticipated meeting between the leaders of the world's two largest economies.Outbound shipments fro...Reuters
Fri, Mar 20
Gold Tumbles Below $4,650 as Inflation Fears and Liquidity Squeeze Weigh
Gold price (XAU/USD) remains under selling pressure near $4,640 during the early Asian session on Friday. The precious metal extends the decline as soaring crude oil and energy prices, driven by the escalating US-Israeli war with Iran, reignite inflation fears.Fxstreet
Fri, Mar 20
Saudi Arabia expects oil to climb over $180 if energy shock continues until late April, WSJ reports
March 19 (Reuters) - Oil officials in Saudi Arabia are projecting that oil prices could soar past $180 a barrel if disruptions due to the Iran war persist until late April, the Wall Street Journal reported on Thursday.Reuters could not immediately verify the report.Reuters
Fri, Mar 20
EU leaders vent anger after Hungary's Orban keeps blocking Ukraine loan
90 bln euro loan held up by dispute over pipelineFunding vital for Kyiv as it fights Russia's invasionMerz, other leaders fiercely critical of Orban Hungarian leader says pipeline must be fixed firstBy Andrew Gray and Lili Bayer BRUSSELS, March 19 (Reuters) - European Union leaders failed to ...Reuters
Fri, Mar 20
EU Leaders Call for Moratorium on Strikes Against Energy and Water Facilities in Middle East
BRUSSELS, March 19 (Reuters) - European Union leaders called on Thursday for a moratorium on military strikes on energy and water facilities in the Middle East, amid growing concerns about the impact of the Iran war on the global economy.Reuters
Fri, Mar 20
