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ANZ Says Further Rise in Aluminium Prices Could Accelerate Demand Rationing
March 26 (Reuters) - ANZ:SAYS WHILE HIGHER ALUMINIUM PRICES AND REGIONAL PREMIUMS HAVE ALREADY BEEN TEMPERING DEMAND, A FURTHER RISE WOULD LIKELY ACCELERATE DEMAND RATIONINGSAYS THEIR Q3 2026 FORECAST OF $3,600/T MARKS THE HIGH POINT IN THIS CYCLEESTIMATES NEARLY 800 - 1,000KT OF PRODUCTION WILL BE ...Reuters
3 minutes ago
Area near one of Russia's biggest oil refineries damaged by Ukrainian drones, official says
MOSCOW, March 26 (Reuters) - An industrial area near one of Russia's biggest oil refineries was damaged in a Ukrainian drone attack, a Russian official said on Thursday.At least 40% of Russia's oil export capacity is at a halt following Ukrainian drone attacks, a disputed attack on a major p...Reuters
7 minutes ago
Australia gas supply crunch pushed out to 2030, market operator says
By Helen Clark PERTH, March 26 (Reuters) - Expectations of a long-feared gas shortage on Australia's east coast have been pushed out by a year to 2030, due to coal power extensions, declining consumption and fast battery uptake, the country's energy market operator said on Thursday. “Prac...Reuters
12 minutes ago
Barclays says Risks to Their $85/bbl Brent 2026 Forecast Skewed Higher
March 26 (Reuters) - BARCLAYS: NOTWITHSTANDING UNCERTAINTIES ABOUT THE DURATION OF THE MIDDLE EAST CONFLICT, RISKS TO THEIR $85/B BRENT 2026 FORECAST SKEWED HIGHERSAYS EVEN WITH MAX DIVERSION VIA YANBU AND FUJAIRAH, PROLONGED STRAIT OF HORMUZ DISRUPTION IMPLIES 13–14 MB/D SUPPLY LOSSSAYS IF THE SITU...Reuters
22 minutes ago
Philippines suspends spot sales of electricity due to Middle East conflict
By Sudarshan Varadhan SINGAPORE, March 26 (Reuters) - The Philippines on Thursday said it had suspended spot sales of electricity until further notice due to fuel supply risks and price volatility caused by the Iran war. The suspension was ordered under a decree that declared a state of natio...Reuters
31 minutes ago
France among nations eyeing Australia critical minerals investment, Australian minister says
France expected to invest in Australian critical minerals projects-ministerAustralia critical minerals reserve to feed into US stockpiles-ministerAustralia may need to back industry for decades - ministerBy Melanie Burton MELBOURNE, March 26 (Reuters) - France is among the countries poised to inv...Reuters
37 minutes ago
Oil rises as investors reassess Middle East ceasefire prospects
Iran reviews US proposal, but has no interest in holding talksUkrainian attacks, tanker seizures halt 40% of Russia's oil export capacityUS oil stocks rise by 6.9 million barrels, exceeding forecastsBy Yuka Obayashi and Siyi Liu TOKYO/SINGAPORE, March 26 (Reuters) - Oil rose more than $1 per ...Reuters
2 hours ago
China's Spring Airlines to raise domestic fuel charges from April 5
BEIJING, March 26 (Reuters) - China's Spring Airlines 601021.SS will raise fuel surcharges for domestic flights from April 5, the company said on its website, as the U.S.-Israeli war on Iran drives up jet fuel prices.Specific details of the adjustment will be announced in a later notice, the bud...Reuters
2 hours ago
Gold consolidates around $4,500 amid Middle East developments, firmer USD
Gold (XAU/USD) shows some resilience below the $4,500 psychological mark during the Asian session on Thursday and stalls the overnight rejection slide from the 100-day Simple Moving Average (SMA). The upside, however, remains capped amid a bullish US Dollar (USD).Fxstreet
2 hours ago
Saudi Arabia's Oil Sales To China, India Set To Come In At Lower-Than-Usual Levels Next Month - Bloomberg News
March 26 (Reuters) - SAUDI ARABIA’S OIL SALES TO ASIA’S TWO BIGGEST IMPORTERS SET TO COME IN AT LOWER-THAN-USUAL LEVELS NEXT MONTH - BLOOMBERG NEWSSAUDI ARAMCO DUE TO SHIP ABOUT 40 MILLION BARRELS OF CRUDE TO CUSTOMERS IN CHINA IN APRIL WHICH IS LOWER THAN USUAL - BLOOMBERG NEWSSAUDI ARAMCO'S FL...Reuters
2 hours ago
China's top lawmaker addresses China's Boao Forum
BEIJING, March 26 (Reuters) - China's top lawmaker and third-ranked leader of the ruling Communist Party, Zhao Leji, on Thursday addressed the Boao Forum, an international summit sometimes referred to as Asia's answer to the World Economic Forum's meetings in Davos, Switzerland.Lawrence ...Reuters
2 hours ago
GRAINS-Chicago soybean futures rise as Trump plans May meeting with China's Xi
BEIJING, March 26 (Reuters) - Chicago soybeans inched higher on Thursday, as U.S. President Donald Trump's plan to meet Chinese President Xi Jinping in May lifted hopes of stronger Chinese demand for U.S. supplies.Wheat and corn also gained.The most-active soybean contract on the Chicago Board o...Reuters
3 hours ago
PRECIOUS-Gold steady as markets assess Mideast ceasefire talks
Iran reviewing a U.S. proposal to end the Gulf war Oil prices climb above $100 a barrelMarkets no longer expect any Fed rate cuts this yearBy Noel John March 26 (Reuters) - Gold prices held steady on Thursday, as investors awaited clearer signs of progress in Middle East de-escalation efforts and...Reuters
3 hours ago
US FEMA resumes key disaster prevention program that it canceled last year
By Kanishka Singh WASHINGTON, March 25 (Reuters) - The U.S. Federal Emergency Management Agency said on Wednesday it was resuming a disaster prevention program it canceled last year and reopening it to funding applications following legal setbacks. U.S. District Judge Richard Stearns ruled in Dec...Reuters
3 hours ago
GRAINS-Chicago soybean futures rise as Trump plans May visit to China
BEIJING, March 26 (Reuters) - Chicago soybeans inched higher on Thursday as U.S. President Donald Trump's plan to meet Chinese President Xi Jinping in May raised hopes of firmer Chinese demand for U.S. beans. Wheat gained, while corn edged lower. FUNDAMENTALSThe most-active soybean contract...Reuters
4 hours ago
Iron ore, LNG ports in Australia's Pilbara mining hub close as cyclone strikes
SYDNEY, March 26 (Reuters) - Key iron ore and liquefied natural gas (LNG) ports in Western Australia were closed on Thursday as a tropical cyclone struck off the coast of the resources rich Pilbara region, the ports' operator said.Pilbara Ports said operations at the ports of Ashburton, Cape Pre...Reuters
4 hours ago
South Korea's Lee calls for electricity saving amid fuel price increases
SEOUL, March 26 (Reuters) - South Korean President Lee Jae Myung asked the public on Thursday to conserve electric power as rising fuel prices can prompt a shift to electricity because its prices are comparatively stable due to a government-controlled tariff.Lee was holding an emergency economic mee...Reuters
4 hours ago
