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Oil rebounds as fragile Gulf ceasefire, constrained Hormuz keep supply risks elevated
Market struggles to price clear path for Hormuz reopeningShippers await clarity before resuming transitStrikes across Gulf raise supply threats despite ceasefireBy Mohi Narayan NEW DELHI, April 9 (Reuters) - Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raise...Reuters
11 minutes ago
US President Donald Trump warns of stronger military response if Iran deal fails
US President Donald Trump said on Thursday that US forces will remain deployed around Iran until a final agreement is fully implemented. He emphasized that the Strait of Hormuz must remain open and safe.Fxstreet
14 minutes ago
Goldman Sachs lowers second-quarter 2026 oil price forecasts
April 9 (Reuters) - Goldman Sachs trimmed its second‑quarter 2026 forecasts for Brent and U.S. crude to $90 and $87 a barrel, respectively, late on Wednesday, after the U.S. and Iran agreed on a two-week ceasefire.Previously, the bank forecast Brent and West Texas Intermediate (WTI) oil prices to av...Reuters
30 minutes ago
GRAINS-Wheat recoups losses, corn firms as oil market recovers
Wheat gains ground after dropping 3% on WednesdayRecovery in oil prices supports wheat futuresImproved U.S. weather, Russian crop outlook to limit upsideBy Naveen Thukral SINGAPORE, April 9 (Reuters) - Chicago wheat rose on Thursday, rebounding from deep losses in the last session, while corn tic...Reuters
36 minutes ago
PRECIOUS-Gold steady as investors eye US-Iran talks, brace for inflation data
Israel launches strikes on Lebanon, killing hundredsMarch Fed minutes signal growing support for rate hikesFebruary PCE data due later on Thursday, at 1230 GMT By Pablo Sinha April 9 (Reuters) - Gold prices held steady on Thursday as market players remained cautious about the direction of U.S.-I...Reuters
45 minutes ago
Goldman Sachs Lowers Q2 Price Forecast For Brent, WTI
April 9 (Reuters) - GOLDMAN SACHS: LOWERS Q2 FORECAST FOR BRENT/WTI TO $90/87 GIVEN THE REDUCTION IN RISK PREMIUM AT THE FRONT OF THE CURVE AND ALREADY EDGING UP OIL FLOWS THROUGH THE SOHSAYS IT KEEPS 2026 Q3/Q4 OIL PRICE FORECAST UNCHANGED AT $82/80 FOR BRENT AND $77/75 FOR WTISAYS IN AN ADVERSE SC...Reuters
45 minutes ago
Australia's export credit agency to underwrite fuel imports by Viva, Ampol to boost supply
SYDNEY, April 9 (Reuters) - Australia will secure extra fuel supply by underwriting spot market purchases by its two largest suppliers, Ampol ALD.AX and Viva Energy VEA.AX, through its export credit agency, Prime Minister Anthony Albanese said on Thursday.It comes after the parliament last week pass...Reuters
2 hours ago
Silver Price Forecast: XAG/USD struggles around $73.50; vulnerable while below 200-EMA
Silver (XAG/USD) is seen extending the previous day's modest pullback from the weekly high and drifting lower during the Asian session on Thursday. The white metal currently trades just below mid-$73.00s, down 2.0% for the day, and seems vulnerable to slide further.
Fxstreet
3 hours ago
WTI jumps above $92.50 amid US and Iran’s fragile ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $92.80 during the Asian trading hours on Thursday. The WTI price jumps after Iran accuses the US of violating elements of a two-week ceasefire agreement.
Fxstreet
3 hours ago
ROI-Iran's Hormuz 'toll booth' set to hardwire higher energy prices
By Ron Bousso LONDON, April 9 (Reuters) - The war that closed the Strait of Hormuz has ended - for now. But Tehran's demand to act as toll booth keeper at the world's most critical oil chokepoint could leave energy markets vulnerable and hardwire higher prices for years to come.The U.S. a...Reuters
3 hours ago
Hezbollah fires rockets at northern Israel, citing ceasefire breaches
April 9 (Reuters) - Lebanon's Hezbollah said early on Thursday it fired rockets at northern Israel in its first attack against the country since the United States reached a two-week ceasefire agreement with Iran.Hezbollah said in a statement that its attack came in response to what it described ...Reuters
3 hours ago
LIVESTOCK-CME cattle futures end modestly higher on packer demand
CHICAGO, April 8 (Reuters) - Chicago Mercantile Exchange (CME) live cattle futures closed modestly higher on Wednesday, hovering near historic peaks due to strong demand from meat packers who need cattle to process ahead of the U.S. grilling season, analysts said.Benchmark CME June live cattle LCM26...Reuters
4 hours ago
ANALYSIS-Trump's abrupt Iran reversal exposes limits of his leverage
Trump pulls back from much-criticized Iran threat; critics call it a ‘TACO’ momentSome analysts say Trump's unpredictable approach undermines US credibilityTrump supporters see it as effective negotiating tacticBy Matt Spetalnick, David Brunnstrom and Gram Slattery WASHINGTON, April 8 (Reuter...Reuters
5 hours ago
