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GRAINS-Chicago soy surges, tracking soyoil gains; wheat, corn also up
BEIJING, March 3 (Reuters) - Chicago soybeans rose on Tuesday, supported by higher soyoil prices, which tracked gains in the crude oil market amid the ongoing war in the Middle East, while concerns over Chinese demand and competition from Brazil kept a lid on prices.Meanwhile, corn rose on brisk exp...Reuters
14 minutes ago
Oil rises as expanding US-Israeli conflict with Iran elevates supply risks
March 3 (Reuters) - Oil prices rose for a third day on Tuesday as the widening U.S.-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude futures LCOc1 were at $78.83 a barrel, up $...Reuters
14 minutes ago
TECHNICALS-US oil still targets June 23 high of $78.40
For more technical analyses, click SINGAPORE, March 3 (Reuters) - U.S. oil CLc1 still targets its June 23, 2025 high of $78.40 per barrel due to a major breakout on Monday. The contract has broken a long-term trendline falling from the March 2022 high of $124.23. The break signals a reversal of the ...Reuters
29 minutes ago
PRECIOUS-Gold extends gains as Middle East war boosts safe-haven demand
March 3 (Reuters) - Gold prices rose for a fifth consecutive session on Tuesday, as investors sought safe-havens amid an escalating U.S. and Israeli air war against Iran, raising fears the conflict could spiral into a protracted regional war and deepen uncertainty. FUNDAMENTALSSpot gold ...Reuters
29 minutes ago
Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
March 2 (Reuters) - U.S. private equity firm Thoma Bravo is in advanced talks to buy third-party logistics provider WWEX Group to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday, citing people familiar with the matter.The buyout would value WWEX ...Reuters
36 minutes ago
CORRECTED-Canada's Monument Mining Q2 net income jumps on strong gold sales
OverviewCanada gold producer's Q2 FY 2026 net income rose significantly yr/yrCompany's Q2 FY 2026 gross margin increased 173% compared to last yearCompany's cash reserves increased by $19.81 mln, supporting future growthOutlookCompany continues exploration drilling at Selinsing and infra...Reuters
an hour ago
Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports
March 2 (Reuters) - U.S. software-focused private equity firm Thoma Bravo is in advanced talks to acquire third-party logistics provider WWEX Group as part of a plan to create a shipping technology business worth as much as $12 billion, Bloomberg News reported on Monday, citing people familiar with ...Reuters
an hour ago
NY court refuses to overturn arbitration ruling that favored Venture Global over Shell
Judge rejects Shell's request to overturn arbitration awardVenture Global accused of selling LNG at higher prices post-Ukraine invasionShell, Repsol lost arbitration; BP won but damages pendingBy Curtis Williams, Jonathan Stempel and Marwa Rashad HOUSTON/NEW YORK/LONDON, March 2 (Reuters) - A...Reuters
an hour ago
S&P may cut Berkshire-owned PacifiCorp utility to junk because of wildfires
By Jonathan Stempel March 2 (Reuters) - S&P Global said on Monday it may downgrade PacifiCorp, a utility owned by Berkshire Hathaway BRKa.N, to junk status as liabilities mount from class action litigation over a series of Oregon wildfires in 2020.The warning came after an Oregon jury on Febr...Reuters
an hour ago
Exxon, TotalEnergies output at risk from Iran war, analysts say
By Sheila Dang HOUSTON, March 2 (Reuters) - Exxon Mobil XOM.N, TotalEnergies TTEF.PA and Shell SHEL.L are among the companies with more exposure to disruptions in oil and gas production due to the U.S.-Israel war with Iran, analysts said in research notes on Sunday and Monday.The U.S. and Israel&...Reuters
an hour ago
US LNG exports grew in February, new output could help fill Qatar supply gap
HOUSTON, March 2 (Reuters) - U.S. exports of liquefied natural gas rose more than 17% last month from a year earlier as Venture Global's VG.N Plaquemines plant in Louisiana ramped up production and Cheniere LNG.N brought on more units at its Corpus Christi facility, preliminary data from financial fReuters
2 hours ago
RPT-ROI-Oil markets' bet on a brief Iran shock is about to be tested: Bousso
By Ron Bousso LONDON, March 2 (Reuters) - The relatively modest jump in oil prices in the wake of the U.S.-Israel war with Iran suggests investors are betting that the disruption to oil supplies from the Middle East will be short-lived. But that optimism may be misplaced.While the region's oi...Reuters
2 hours ago
WRAPUP 4-Iran conflict disrupts global shipping as tankers are stranded, damaged
Shipping disruption in Gulf sparks oil and gas price jump Mideast-China oil shipping rate at over six-year highOil and gas market fears prolonged disruptionBy Jonathan Saul, Emily Chow and Jeslyn Lerh LONDON/SINGAPORE, March 2 (Reuters) - Insurance companies are cancelling war risk coverage for v...Reuters
3 hours ago
India most vulnerable to prolonged disruptions to Mideast oil, analysts say
China has about 6 months of oil stockpiled, India far lessGlobal prices could surge on prolonged conflictMost Middle East oil exports go to AsiaBy Enes Tunagur and Timothy Gardner March 2 (Reuters) - India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the ...Reuters
3 hours ago
