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Gold Firms on Dip-buying; Dimming Fed Rate-cut Hopes Cap Rise
March 30 (Reuters) - Gold rose on Monday on dip-buying, but gains were capped by a surge in energy prices that fuelled inflation worries and further dimmed expectations for U.S. Federal Reserve interest rate cuts this year.
Reuters
an hour ago
Kremlin says it raised Russian oil supplies to Cuba at talks with U.S.
MOSCOW, March 30 - The Kremlin welcomed the arrival of a Russian oil tanker to Cuba on Monday, saying supplies to the Caribbean island were raised at talks with the United States. Kremlin spokesman Dmitry Peskov said that Russia will continue to work on oil supplies to Cuba.Reuters
34 minutes ago
Brent heads for record monthly leap as Houthi attacks widen Gulf conflict
Iran conflict escalates as Houthis attack on IsraelAnalysts flag concern over Saudi oil exports from Red SeaIran accuses US of ground assault plansPakistan prepares to host peace talksBy Stephanie Kelly LONDON, March 30 (Reuters) - Oil prices extended gains on Monday, with Brent heading for a rec...Reuters
46 minutes ago
Morocco's Tanger Med port prepares for increased traffic amid Gulf war
By Ahmed Eljechtimi RABAT, March 30 (Reuters) - Morocco's Tanger Med, Africa's largest container port, is planning for increased calls by ships as escalating tensions in the Middle East force shipping lines to reroute services around Africa, the port authority's managing director said...Reuters
47 minutes ago
Oil: Geopolitics drives price risks – Rabobank
Rabobank’s Senior Macro Strategist Stefan Koopman notes that Brent has risen to 115 dollars as the Iran war enters its fifth week, with markets focused on when oil flows through the Strait of Hormuz will resume and at what price Oil shifts from an inflation to a recession story.Fxstreet
54 minutes ago
FOCUS-US menus change as Trump's tariffs hit wine prices
Tariff-driven price increases on alcohol, especially wine, gathering pace, companies sayRestaurants, bars and retailers look to re-work their menus or stockSome domestic wine brands benefit as alcohol sellers look for alternativesLarge alcohol wholesalers say more change coming in 2026By Emma Rumney...Reuters
an hour ago
EUROPE GAS-European gas prices edge higher as supply risks offset weaker demand
LONDON, March 30 (Reuters) - Benchmark Dutch and British wholesale gas prices edged higher on Monday after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israeli war with Iran and raising fears over supply disruptions.The benchmark Dutch front-month contrac...Reuters
an hour ago
WTI Oil holds above $98.50 as concerns of a US invasion on Iran loom
The price of the US benchmark West Texas Intermediate Oil (WTI) has pulled back from three-week highs at $101.40 per barrel on Monday’s Asian session opening times, but downside attempts remain contained above $98.50, as US President Donald Trump maintains a mixed position on Iran.
Fxstreet
2 hours ago
Russian oil tanker has arrived in Cuba, Interfax reports
MOSCOW, March 30 (Reuters) - The Russian tanker Anatoly Kolodkin, carrying a humanitarian shipment of 100,000 metric tons of crude oil, has arrived in Cuba, Interfax news agency reported on Monday, citing the Russian Ministry of Transport. It said the ship was currently expected to offload the ca...Reuters
2 hours ago
Rockets hit Iraqi air base near Baghdad airport, aircraft destroyed, no casualties
March 30 (Reuters) - Iraq's Defence Ministry said on Monday that the Mohamad Alaa air base, located beside Baghdad International Airport, was hit by rockets in the early hours of Monday, destroying an aircraft but causing no casualties. The ministry added that authorities are assessing the damag...Reuters
2 hours ago
TABLE-North Sea gas maintenance schedule: Revises Oseberg outage
March 30 (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
2 hours ago
Malaysia's Capital A names new deputy CEO, explores dual listing in Hong Kong
Former banker Effendy Shahul Hamid appointed deputy CEOCapital A sees limited impact from Iran war on its businessesCompany plans to list branding unit in US by year-end, CEO Tony Fernandes saysBy Danial Azhar KUALA LUMPUR, March 30 (Reuters) - Malaysia's Capital A Berhad CAPI.KL named a seni...Reuters
2 hours ago
METALS-Aluminium jumps as supply fears deepen on Iran's attacks on Middle East plants
March 30 (Reuters) - Aluminium prices rose sharply on Monday as market participants braced for a deeper supply shock after Iranian strikes over the weekend hit two of the biggest producers of the metal in the Middle East.Benchmark three-month aluminium on the London Metal Exchange CMAL3 was up 3.85%...Reuters
2 hours ago
Russian oil tanker has arrived in Cuba, Ifx reports
MOSCOW, March 30 (Reuters) - Russian tanker Anatoly Kolodkin carrying a humanitarian shipment of 100,000 tonnes of crude oil has arrived in Cuba, Interfax news agency reported on Monday citing the Russian Ministry of Transport.According to LSEG ship tracking data, the vessel is moving along Cuba'...Reuters
2 hours ago
WRAPUP 2-Israel reports second attack from Yemen as Middle East conflict escalates
Israel says Iran launched waves of missiles Israel says two drones from Yemen were interceptedIsraeli air force targets Iranian infrastructureBy Trevor Hunnicutt, Asif Shahzad, Alexander Cornwell and Sabrina Valle WASHINGTON/ISLAMABAD, March 30 (Reuters) - The Israeli military said on Monday ...Reuters
3 hours ago
Nigeria's giant oil refinery fails to prevent record gasoline prices
Dangote refinery forced to import crude, exposing Nigeria to global price shocksNigeria's gasoline pump prices rise by 65%, highest in AfricaJoint venture operating model has led to reduced supply of domestic crudeNigeria has no official strategic fuel reserveBy Isaac Anyaogu LAGOS, March 30 ...Reuters
3 hours ago
ROI-A riskier Mideast will drive Big Oil toward new frontiers: Bousso
By Ron Bousso HOUSTON, March 30 (Reuters) - Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance.Major international oil companies, including...Reuters
3 hours ago
Oil: Higher-for-longer price path as conflict extends – Societe Generale
Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem argue that Brent now faces a higher-for-longer regime as the US–Israel–Iran confrontation delays the reopening of the Strait of Hormuz into April.Fxstreet
3 hours ago
