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CBOT corn ticks lower amid war uncertainty
March 26 (Reuters) - Chicago Board of Trade corn futures ended slightly lower amid mixed signals from the U.S. and Iran, while market players awaited U.S. planting data that will be released next Tuesday.Grains and oilseed prices have broadly tracked fluctuations in crude oil during the U.S.-Israeli...Reuters
5 minutes ago
CBOT soybeans higher amid uncertainty over war, Chinese demand
CHICAGO, March 26 (Reuters) - Chicago Board of Trade soybean futures turned slightly higher on Thursday as market players awaited a potential biofuels announcement and monitored the Iran war and signs of Chinese demand for U.S. soybeans.The soybean market is assessing prospects for further Chinese d...Reuters
7 minutes ago
Pernod Ricard has held merger talks with Jack Daniel's maker, source says
By Emma Rumney March 26 (Reuters) - France's Pernod Ricard PERP.PA and Jack Daniel's owner Brown‑Forman BFb.N have held talks about a possible merger, a source familiar with the matter told Reuters, a move that would unite the world's second-largest spirits maker with the largest play...Reuters
8 minutes ago
CBOT wheat higher on drought concerns
CHICAGO, March 26 (Reuters) - Chicago Board of Trade wheat futures turned higher on Thursday on drought concerns in the U.S. Plains, with forecasts now showing limited chances of rain before early April and hot weather expected this week, which is likely to exacerbate dryness.Market players are also...Reuters
10 minutes ago
With Hormuz still shut, options market signals rising risk of $150 oil
Options market shows bets on $150 oil by end-April risingOpen interest in $150 calls nearly 10 times larger than last monthOil is trapped in Gulf following U.S.-Israel conflict with IranBrent crude set all-time high of $147 in 2008By Amanda Cooper and Robert Harvey LONDON, March 26 (Reuters) - Tr...Reuters
11 minutes ago
WTO chief calls for trade overhaul to meet new world order
Says multilateral system 'we used to know' is gone Focus on decision-making, transparency over subsidiesEnvoys fear states will start setting their own rulesBy Olivia Le Poidevin YAOUNDE, March 26 (Reuters) - The World Trade Organization chief called on countries on Thursday to overhaul g...Reuters
13 minutes ago
Mexican navy says vessel, natural seabed oil leaks caused Gulf coast spill
MEXICO CITY, March 26 (Reuters) - Mexican Secretary of Navy Raymundo Morales said on Thursday that a vessel and natural oil emanations from the seabed caused the spill along the Gulf of Mexico coast.Mexico's state-oil company Pemex is also conducting underwater checks to rule out structural fail...Reuters
13 minutes ago
EXCLUSIVE-Occidental's Hollub, US oil's most powerful woman, prepares to hand over reins, sources say
Vicki Hollub readying to step down as Oxy CEO, sources sayRichard Jackson likely to succeed Hollub, sources sayHollub's leadership broke gender barriers in male-dominated oil industryHollub's leadership of Oxy defined by 2019 Anadarko acquisitionBy David French and Shariq Khan HOUSTON/NEW...Reuters
24 minutes ago
Gold tanks as US Dollar surges in tandem with Oil prices
Gold (XAU/USD) price plummets nearly 2.50% on Thursday as Oil prices rise amid uncertainty about a possible agreement between the US and Iran, adding upward pressure on inflation and pushing the Greenback higher. At the time of writing, XAU/USD trades at $4,394 after reaching a daily high of $4,544.
Fxstreet
42 minutes ago
G7 to discuss repair works for Chornobyl nuclear plant, France says
VAUX-DE-CERNAY, France, March 26 (Reuters) - The foreign ministers of the G7 group of nations will discuss repair works worth about 500 million euros ($576.30 million) for the protective shield of Ukraine's Chornobyl nuclear plant, France's foreign minister Jean-Noel Barrot said on Thursday...Reuters
45 minutes ago
Turkey condemns attack on Black Sea oil tanker that departed Russia
Incident one of series involving sanctioned vessels in Black Sea27 crew members safe, Coast Guard dispatched to Altura tanker Closely monitoring risks posed in the Black Sea by drones - Turkey's defence ministryISTANBUL, March 26 (Reuters) - A marine drone struck a crude oil tanker that had depa...Reuters
55 minutes ago
US Plains HRW Wheat-Basis steady as traders keep close eye on dry weather in Southern Plains
CHICAGO, March 26 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in a spot check of locations in the southern U.S. Plains on Thursday. The U.S. Department of Agriculture on Thursday reported net weekly U.S. HRW export sales of 165,674 metric tons of HRW wheat for the current ...Reuters
an hour ago
CERAWEEK-Private firms spearhead global shale push as US public operators stay home
Private firms lead global shale expansion, echoing early US revolutionPlayers bring expertise in fracking, have size to overcome on-the-ground challengesSome national oil companies soliciting US firms to help develop local shalePublic US operators wary of overseas exploration due to cost, risk of sh...Reuters
an hour ago
PRECIOUS-Gold falls as markets assess prospects of Iran ceasefire
US plan for ending war 'one-sided', senior Iranian official saysUS weekly jobless claims increase slightlySilver, palladium down 5% By Ashitha Shivaprasad March 26 (Reuters) - Gold prices retreated on Thursday, hurt by a firmer dollar and higher oil prices that kept inflation fears intact...Reuters
an hour ago
US imports of Parmesan slide in January, Iran war may push up prices
By Giancarlo NavachMILAN, March 26 (Reuters) - U.S. imports of Italian Parmesan fell 16% in January compared with the same month last year, amid uncertainty over tariffs, the head of the consortium of the cheese's producers said on Thursday, warning that conflict in the Middle East could push pr...Reuters
2 hours ago
Polish fuel tax cuts to cost PLN 1.6 bln per month, minister says
WARSAW, March 26 (Reuters) - Poland's decision to lower value added tax (VAT) on fuel is expected to cost 900 million zlotys ($242.88 million) per month and the cost of lowering excise tax is seen at 700 million zlotys per month, Polish Finance Minister Andrzej Domanski said on Thursday.Poland w...Reuters
2 hours ago
Trump says Iran's 'present' to US was allowing 10 oil tankers through Hormuz
WASHINGTON, March 26 (Reuters) - U.S. President Donald Trump said on Thursday that Iran was letting 10 oil tankers transit the Strait of Hormuz as an apparent goodwill gesture in negotiations.Trump made the comments at a Cabinet meeting in the White House, elaborating on what he had previously descr...Reuters
2 hours ago
Ukraine using strikes to pressure Russia after oil sanctions eased, Zelenskiy says
Zelenskiy criticizes easing of international oil sanctions on RussiaWashington's waiver allows purchase of stranded Russian oilUkraine's drone attacks halt 40% of Russia's oil export capacityBy Daniel Flynn and Olena Harmash KYIV, March 26 (Reuters) - Ukraine is using long-range strik...Reuters
2 hours ago
