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French central bank books $15 billion gain on gold reserve upgrade
PARIS, March 24 (Reuters) - The Bank of France has booked one-off capital gains of nearly 13 billion euros ($15.1 billion) from an upgrade of its gold reserves since last July as it benefited from high gold prices, the central bank said on Tuesday.Over the past two decades, the bank has been gradual...Reuters
21 hours ago
Iran war won't alter upcoming US biofuel blending plan, sources say
HOUSTON, March 24 (Reuters) - The administration of U.S. President Donald Trump will release its 2026-27 biofuel blending volumes obligations this week, according to two sources familiar with the matter.The rule will not differ materially from volumes proposed by the EPA prior to the onset of the Ir...Reuters
21 hours ago
SOFTS-Raw sugar hits 5-month high, cocoa also gains
LONDON, March 24 (Reuters) - Raw sugar futures on ICE rose to a 5-month high on Tuesday, boosted by gains in energy markets, while cocoa and arabica coffee prices also gained. SUGAR Raw sugar SBc1 rose 1.55% to 15.76 cents per lb by 1332 GMT after setting a five-month high of 15.79 c...Reuters
22 hours ago
US natural gas futures steady as milder weather forecasts temper demand
Milder weather forecasts reduce US natural gas demandUS LNG exports remain near maximum capacity despite global price surgeWaha Hub prices negative due to pipeline constraints in Permian BasinBy Scott DiSavino NEW YORK, March 24 (Reuters) - U.S. natural gas futures held near a three-week low on T...Reuters
22 hours ago
CERAWEEK-Curtailed Qatar LNG supplies could accelerate Argentine LNG projects, Tecpetrol says
HOUSTON, March 24 (Reuters) - Qatar's problems to secure supplies of liquefied natural gas (LNG) amid the U.S.-Israel war on Iran could accelerate the development of the first projects to export LNG from Argentina, the chief executive of oil and gas producer Tecpetrol, Ricardo Markous, said at t...Reuters
22 hours ago
EU delays April 15 proposal to permanently ban Russian oil imports
Proposal to fully ban Russian oil pushed to after April 15EU still planning law for full phase-out, official saysDate moved as Iran war disrupts global oil supplyBy Kate Abnett BRUSSELS, March 24 (Reuters) - The European Commission will no longer submit a legal proposal to permanently ban Russian...Reuters
22 hours ago
CBOT Trends-Wheat mixed, corn up 1-3 cents, soybeans down 5-8 cents
CHICAGO, March 24 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Tuesday: WHEAT - Down 1 to up 1 cent per bushelWheat futures were mixed as oil prices rose in early trade on Tuesday ...Reuters
22 hours ago
GRAINS-Chicago grains mixed as investors weigh Middle East war
Oil prices drive grain pricesPotential knock-on effects from disruption of fertilisersCould influence planting decisions BEIJING/PARIS, March 24 (Reuters) - Chicago soybean futures edged lower on Tuesday, while corn and wheat ticked up, as investors grappled with uncertainty over the course of th...Reuters
22 hours ago
PRECIOUS-Gold extends decline on expectations of high interest rates
Iran launches missiles into IsraelSpot gold down 22% from record peak hit in January Palladium down nearly 3% By Ashitha Shivaprasad March 24 (Reuters) - Gold prices extended their decline on Tuesday, weighed down by persistent Middle East tensions that fanned worries of inflation and expectation...Reuters
22 hours ago
Modi, Trump discuss importance of keeping Strait of Hormuz open, U.S. envoy says
March 24 (Reuters) - Indian Prime Minister Narendra Modi and U.S. President Donald Trump spoke by phone on Tuesday and discussed the situation in the Middle East, including the importance of keeping the Strait of Hormuz open, U.S. envoy to India Sergio Gor said in a post on X.Reuters
22 hours ago
PRESS DIGEST-Canada - March 24
March 24 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILATCO ACOx.TO will pay $10 million for a 40% stake in Inuit-owned West Kitikmeot Resources Corp, which is developing...Reuters
22 hours ago
India loads LPG onto stranded empty ships amid gas crisis
By Nidhi Verma NEW DELHI, March 24 (Reuters) - India is loading liquefied petroleum gas onto its empty vessels stranded in the Persian Gulf as the country grapples with a gas shortage triggered by the conflict in the Middle East, an official from the federal shipping ministry said on Tuesday.Eigh...Reuters
23 hours ago
PRECIOUS-Gold prices steady as investors assess impact of Iran war
Iran fires missiles at IsraelOil prices fell 13% on MondayStructural drivers for gold still in place - analystBy Ishaan Arora March 24 (Reuters) - Gold prices steadied on Tuesday after falling nearly 2% earlier in the session, as investors assessed conflicting signals on a potential de-escalation...Reuters
23 hours ago
Iran war may halve India's LPG imports in March, according to traders, data
Iran war and Hormuz blockage disrupt fuel supplyIndia's LPG imports seen down nearly 50% this monthImports estimated at 1.19 mln tonnes, traders sayIndia seeking LPG from US, Norway, Canada, RussiaBy Damir Khalmetov MOSCOW, March 24 (Reuters) - The war in Iran and the blockage of the strategi...Reuters
23 hours ago
Australia and EU seal trade deal, seek to cut reliance on China for critical minerals
Deal removes over 99% of tariffs EU eyes improved access to Australian critical mineralsAustralian and French farmers criticise the agreement For a factbox on the deal, please click here By Renju Jose SYDNEY, March 24 (Reuters) - Australia and the European Union signed a free trade agreement on ...Reuters
23 hours ago
Gold subdued as mixed US-Iran signals keep investors cautious amid ongoing war
Gold (XAU/USD) trades with a subdued tone on Tuesday, struggling to build on the previous day’s rebound as investors continue to assess geopolitical developments in the Middle East amid conflicting signals from the United States and Iran over potential negotiations.Fxstreet
23 hours ago
Valero shuts Texas refinery after explosion, sources say
By Erwin SebaHOUSTON, March 24 (Reuters) - Valero Energy Corp VLO.N has shut its 380,000-barrel-per-day (bpd) oil refinery in Port Arthur, Texas, following an explosion and fire at a diesel hydrotreater unit, people familiar with the plant operations said on Monday.The fire has since been extinguish...Reuters
23 hours ago
Ukraine's Zaporizhzhia nuclear plant loses connection to Dniprovska power line, IAEA says
March 24 (Reuters) - Ukraine's Zaporizhzhia nuclear power plant lost its connection to the 750kv Dniprovska line on Tuesday, leaving it dependent on its sole back-up line for external power, the International Atomic Energy Agency said in a post on X.Reuters
23 hours ago
