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Afghanistan earthquake kills 800, injures 2,800, Taliban asks world for help
Rescuers comb rubble of homes in remote mountainous areaImpassable roads, rough terrain Helicopters ferry the injured to hospitalMidnight Taliban-ruled Afghanistan struggling with sharp drop in foreign aid By Mohammad Yunus Yawar and Charlotte Greenfield KABUL, Sept 1 (Reuters) - One of Afghanist...
Reuters
43 minutes ago
WTI consolidates near 100-day SMA as $65 resistance comes into play
West Texas Intermediate (WTI) Crude Oil is rebounding modestly on Monday, trading near $64.45 after logging its first monthly decline since April with a 7.6% drop in August as rising US supply and weaker seasonal demand weighed on sentiment.
WTI
Fxstreet
an hour ago
Oil rises on weaker dollar and Russian supply disruptions
Zelenskiy vows more strikes deep inside RussiaDollar weakens ahead of US labor market reportChina manufacturing activity expands in AugustOPEC+ due to meet on September 7By Shariq Khan and Seher Dareen NEW YORK/LONDON, Sept 1 (Reuters) - Oil prices rose more than 1% on Monday on concerns that int...
Reuters
2 hours ago
Europe Gasoline/Naphtha-Gasoline profit margins edge higher
LONDON, Sept 1 (Reuters) - Northwest European gasoline profit margins rose by about 40 cents to $15.57 a barrel on Monday. A total of 15,000 metric tons of Eurobob E5 barges traded in the session, as Gunvor sold barges to Trafigura, TotalEnergies, Aramco, Shell, Varo, and BP.A further 9,000 tons of...
Reuters
2 hours ago
METALS-Copper hits one-month peak on strong China factory data and weak dollar
By Eric Onstad LONDON, Sept 1 (Reuters) - Copper prices crept to their highest in more than a month on Monday, supported by upbeat manufacturing data from top metals consumer, China, and a weaker dollar.Three-month copper CMCU3 on the London Metal Exchange was down 0.2% at $9,886 a metric ton by ...
Reuters
2 hours ago
World Bank urges fresh push on economic threat of pollution
Degraded land, polluted air and water hitting economiesAround 80% of low-income populace face all three World Bank 'will not waver' on mission, senior MD saysBy Simon Jessop and Marc Jones LONDON, Sept 1 (Reuters) - Degraded land, polluted air and water stress pose a direct global economi...
Reuters
3 hours ago
Ukraine announces representatives for governing council of joint investment fund
KYIV, Sept 1 (Reuters) - Ukraine announced its representatives for the six-member governing council of the joint Reconstruction Investment Fund with the U.S. on Monday, with the country's prime minister saying the first meeting would take place on Wednesday.The three men representing Ukraine on ...
Reuters
3 hours ago
China, Russia join Iran in rejecting European move to restore sanctions on Tehran
DUBAI, Sept 1 (Reuters) - UN Security Council permanent members China and Russia backed Iran on Monday in rejecting a move by European countries to reimpose UN sanctions on Tehran loosened a decade ago under a nuclear agreement. A letter signed by the Chinese, Russian and Iranian foreign mi...
Reuters
4 hours ago
Baltic index steady as gains in capesize offset lower rates for panamax
Sept 1 (Reuters) - The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, was mostly unchanged on Monday as gains in capesize countered weakness in panamax.* The main index .BADI, which tracks rates for capesize, panamax and supramax shipping ve...
Reuters
5 hours ago
CORRECTED-South Korean negotiators struggle to close gaps with US despite summit, tariff deal
Negotiations slowed despite handshake agreement and summitTariff and defence issues remain unresolved, impacting progress$350 billion investment fund and agriculture market disagreements persistBy Hyunjoo Jin and Joyce Lee SEOUL, Aug 29 (Reuters) - Negotiations ranging from tariffs to defence bet...
Reuters
6 hours ago
Louis Dreyfus buys oilseed assets from Bunge in Poland and Hungary
PARIS, Sept 1 (Reuters) - Louis Dreyfus Company has acquired grains and oilseeds processing, storage and trading activities in Hungary and Poland from rival agricultural commodity merchant Bunge Global BG.N, LDC said on Monday.The deal covers assets previously owned by Viterra that Bunge had offered...
Reuters
6 hours ago
Gold nears all-time high as US Dollar weakens and Fed rate cut bets grow
Gold (XAU/USD) kicks off the week on a stronger note, extending its advance for a fifth consecutive day to reach its highest level in more than four months, last seen on April 22.
Gold
Fxstreet
7 hours ago
Brazil's Petrobras lowers jet fuel prices by 3.7%
RIO DE JANEIRO, Sept 1 (Reuters) - Brazilian state-run oil company Petrobras PETR3.SA will lower the average price of jet fuel sold to distributors by 3.7%, or 0.13 real ($0.0240) per liter, starting September 1, the company said on Monday.Petrobras makes monthly alterations to its jet fuel prices b...
Reuters
7 hours ago
Louis Dreyfus buys grains assets from Bunge in Poland and Hungary
PARIS, Sept 1 (Reuters) - Louis Dreyfus Company has concluded the acquisition of grains and oilseeds activities in Hungary and Poland from rival agricultural commodity trader Bunge Global BG.N, LDC said on Monday.Financial terms for the deal were not disclosed.
Reuters
7 hours ago
Swiss court to consider climate case by Indonesia islanders against Holcim
By Denis Balibouse and Olivia Le Poidevin FIESCH, Switzerland, Sept 1 (Reuters) - A court in Switzerland will decide on Wednesday whether to hear a legal complaint against Swiss giant Holcim HOLN.S, one of the world's biggest cement makers, that alleges the company is doing too little to cut ...
Reuters
8 hours ago
Equinor to inject nearly $1 billion into Orsted following US setbacks under Trump
Equinor supports Orsted's rights issueWill subscribe for shares worth up to $941 millionSays it sees value in strategic collaboration with OrstedWill nominate candidate to Orsted’s boardOrsted shares rise 4.7%By Stine Jacobsen and Nora Buli COPENHAGEN/OSLO, Sept 1 (Reuters) - Norway's Equ...
Reuters
8 hours ago
Gold breaks out of triangle, targets $3500 – Société Générale
Gold has surged above the top of its months-long ascending triangle, confirming a bullish breakout and signaling further upside. Momentum indicators remain supportive as prices near April’s $3500 peak, with $3575–$3600 the next key targets, Société Générale's FX analysts note.
Gold
Fxstreet
8 hours ago
US jobs report later this week is key for Gold – ING
Gold prices continued their upward move on Friday, with growing noise surrounding potential secondary sanctions providing further support to the market, ING's commodity experts Ewa Manthey and Warren Patterson note.
Gold
Fxstreet
8 hours ago
Speculators continue to sell WTI – ING
Oil prices settled lower last week despite growing European calls for secondary sanctions on buyers of Russian oil and gas, ING's commodity experts Ewa Manthey and Warren Patterson note.
WTI
Fxstreet
9 hours ago
HSBC Projects Oil Market Surplus Growth in Q4 2025 As Demand Declines
Sept 1 (Reuters) - HSBC:SAYS AS WE EXIT SUMMER AND DEMAND DROPS, THE OIL MARKET SURPLUS SHOULD SWELL IN 4Q25 AND 1Q26FORECASTS A 1.6 MBD SURPLUS IN 4Q25 AND 1.9 MBD IN 2026MAINTAINS $65/B BRENT FORECAST FROM 4Q25; AND EXPECTS DOWNSIDE RISKS IF STOCKS BUILD IN OECD, OR IF OPEC+ CONTINUES TO HIKE SUP...
Reuters
9 hours ago
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