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Oil slides as Middle East uncertainty keeps markets on edge
US could be out of Iran "pretty quickly", Trump saysUncertainty over how supply chains can be revived OPEC oil output falls in March, Reuters survey findsSaudi Arabia may raise OSPs to Asia, Reuters survey By Ahmad Ghaddar LONDON, April 1 (Reuters) - Oil reversed earlier gains on Wednesda...Reuters
21 minutes ago
Fed's Musalem says inflation will go up on commodity price shock
NEW YORK, April 1 (Reuters) - Federal Reserve Bank of St. Louis President Alberto Musalem said Wednesday the energy shock tied to the Iran war will definitely impact overall inflation and will likely hit core price pressures as well.“My expectation is that headline inflation is going to be affected ...Reuters
23 minutes ago
PRECIOUS-Gold extends gains on softer dollar; focus remains on Iran war
Trump says Iranian leader has asked for ceasefireUS dollar falls for second straight day US private payrolls increase steadily in March, ADP saysBy Ashitha Shivaprasad April 1 (Reuters) - Gold rose for a fourth straight session to nearly a two-week peak on Wednesday as the U.S. dollar slipped, wh...Reuters
23 minutes ago
Iranian missile hit oil tanker in Qatari waters, Qatar says
April 1 (Reuters) - An oil tanker leased to state-owned QatarEnergy was hit by an Iranian cruise missile on Wednesday in Qatari waters, the defence ministry said.Qatar was targeted by three cruise missiles coming from Iran. Two were intercepted while the third hit the Aqua 1 fuel oil tanker, but cau...Reuters
25 minutes ago
Realloys Secures Up To 10% Offtake From Sheep Creek Rare Earth Deposit
April 1 (Reuters) - REalloys Inc ALOY.O:REALLOYS INC - SECURES UP TO 10% OFFTAKE FROM SHEEP CREEK RARE EARTH DEPOSITREALLOYS INC - PLANS TO EXPLORE EQUITY INVESTMENT AND JOINT GOVERNMENT FINANCINGREALLOYS INC - PARTIES TO NEGOTIATE DEFINITIVE LONG-TERM OFFTAKE AGREEMENT WITHIN ONE YEARReuters
42 minutes ago
CBOT Trends-Wheat down 10-12 cents, corn down 4-6 cents, soy down 7-9 cents
CHICAGO, April 1 (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 Wednesday:WHEAT - Down 10 to 12 cents per bushelCBOT wheat Wv1 dropped with crude oil after setting a three-week high on T...Reuters
46 minutes ago
Israeli military says strike in Beirut killed Hezbollah southern front commander Haj Youssef Ismail Hashem
April 1 (Reuters) - The Israeli military said on Wednesday it had killed a senior Hezbollah official in an overnight attack.Israel's navy killed Haj Youssef Ismail Hashem, the commander of Hezbollah's southern front, the country's military spokesperson Avichay Adraee said in a statement ...Reuters
50 minutes ago
Brazil's oil output up 16.4% in February, regulator says
SAO PAULO, April 1 (Reuters) - Brazil's oil production rose 16.4% year-on-year in February to 4.06 million barrels per day, oil regulator ANP said on Wednesday, while natural gas output was up 24.5% to 197.63 million cubic meters per day.Reuters
54 minutes ago
RPT-ROI-Iran war is both a boost and a threat to Australia's LNG: Russell
By Clyde Russell SYDNEY, April 1 (Reuters) - The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Aus...Reuters
59 minutes ago
Israel halt order threatens Energean's $1 billion gas expansion timeline
Energean's Israeli operations on standby due to government security decisionsEnergean faces payment delays in Egypt, expects receivables to decreaseEnergean diversifies into West Africa, cautious on M&A amid high pricesApril 1 (Reuters) - Oil and gas producer Energean ENOG.L is spending abou...Reuters
an hour ago
Oil: War risk keeps prices elevated – Rabobank
RaboBank's Global Strategist Michael Every highlights that Gulf War 3 and the closure of the Strait of Hormuz have pushed Oil prices about 60% above pre-war levels, with specific products like diesel and jet fuel particularly affected in Asia.Fxstreet
an hour ago
Brazil's Petrobras raises jet fuel prices by around 55%
RIO DE JANEIRO/SAO PAULO, April 1 (Reuters) - Brazilian state-run oil firm Petrobras PETR3.SA hiked jet fuel prices by about 55% on Wednesday, data on the company's website showed, in a move tracking higher global oil prices linked to the U.S.-Israeli war with Iran.Petrobras, the largest oil pro...Reuters
an hour ago
METALS-Copper touches two-week high on hopes for quick end to Iran war
By Eric Onstad LONDON, April 1 (Reuters) - Copper prices extended gains on Wednesday to hit their highest in two weeks on hopes that the Iran war is close to ending. Benchmark three-month copper on the London Metal Exchange CMCU3 rose 0.2% to $12,365 a metric ton in official open-outcry tradin...Reuters
2 hours ago
UniFirst Q2 revenue beats on organic growth in Uniform & Facility Service Solutions
OverviewUS uniform supplier's fiscal Q2 revenue grew 3.4%, beating analyst expectationsAdjusted EBITDA declined year-over-year due to planned investments and one-time costsCompany previously announced agreement to be acquired by Cintas, closing expected in H2 2026OutlookCompany is no longer prov...Reuters
2 hours ago
PRECIOUS-Gold nears 2-week high as dollar drops on hopes Iran war may end soon
Gold rises 2% to highest since March 19US Dollar at 1-week low, 10-yr Treasury yields near two-week lowTrump says deal with Iran not necessary for conflict to wind downBy Ishaan Arora April 1 (Reuters) - Gold was at a near two-week high on Wednesday after posting its biggest monthly loss in nearl...Reuters
2 hours ago
GRAINS-Chicago grains slip with oil on hopes for end to Iran war
Trump comments raise expectations of war de-escalationCrude oil fall counters support from U.S. planting data, Plains droughtBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, April 1 (Reuters) - Chicago corn, wheat and soybean futures turned lower on Wednesday in step with crude oil as investors...Reuters
2 hours ago
Argentina postpones fuel tax increases to reduce impact of global price pressures
BUENOS AIRES, April 1 (Reuters) - The Argentine government has issued a decree to delay the effects of scheduled increases in taxes on liquid fuels and carbon dioxide. The move aims to support economic growth through sustainable fiscal measures, the decree published on Wednesday said, amid global in...Reuters
2 hours ago
