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RPT-ANALYSIS-US struggling to de-risk Congo's 'war zone minerals' even after pact, sources say
Challenges persist over politics, permits, sources sayUS pressured to act on M23 for deals to progress, US diplomat saysChinese firms face lighter compliance burden, analysts sayBy Maxwell Akalaare Adombila and Ange Kasongo DAKAR/KINSHASA, March 2 (Reuters) - The U.S. has made progress in its pus...Reuters
3 minutes ago
ROI-Dollar gets its mojo back - but only by default: Mike Dolan
By Mike Dolan LONDON, March 3 (Reuters) - While it's tempting to assume the dollar's long-lost "safety" bid has returned since the weekend Iran attacks, it's not as clear-cut as it seems and owes more to relative energy plays. Yet the implications of the market response may b...Reuters
3 minutes ago
Euro zone inflation could surge on lengthy Iran war, ECB's chief economist warns
March 3 (Reuters) - A prolonged war in the Middle East could cause a substantial spike in euro zone inflation and reduce economic growth, European Central Bank Chief Economist Philip Lane told the Financial Times in an interview published on Tuesday.Reuters
an hour ago
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
March 3 (Reuters) - A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's 0001.HK global ports business without two terminals in Panama, after authorities seized the assets, Financial Times reported on Tuesday.Swiss-Italian shipping firm Mediterranean Shipping Co...Reuters
an hour ago
Goldman Sachs raises gas price forecasts on Qatar LNG disruption
March 3 (Reuters) - Goldman Sachs raised its TTF gas price forecast for the second quarter of this year to 45 euros per Megawatt-hour (MWh) from 36 euros per MWh previously, it said in a note dated on Monday.The bank, citing disruptions to Qatar's liquefied natural gas (LNG) production, also rai...Reuters
an hour ago
Lengthy Iran war could cause inflation spike, ECB's Lane tells FT
March 3 (Reuters) - A prolonged war in the Middle East and a persistent fall in oil and gas supplies from the region could cause a substantial spike in inflation and a sharp drop in output in the euro zone, ECB Chief Economist Philip Lane told the Financial Times in an interview published on Tuesday...Reuters
2 hours ago
ROI-China imports the most energy, but is best placed on Iran: Russell
By Clyde Russell LAUNCESTON, Australia, March 3 (Reuters) - China is the world's largest energy importer and would therefore appear vulnerable to the surge in crude oil and natural gas prices from the conflict between Israel and the United States against Iran.But the opposite is most likely t...Reuters
2 hours ago
BlackRock-backed group seeks to close CK Hutchison ports deal without Panama assets, FT reports
March 3 (Reuters) - A BlackRock-backed consortium is pushing to complete its acquisition of CK Hutchison's 0001.HK global ports business without two terminals in Panama after authorities seized the assets, the Financial Times reported on Tuesday, citing people familiar with the talks.Reuters cou...Reuters
2 hours ago
PRECIOUS-Gold extends gains as Middle East war prompts flight to safety
By Ishaan Arora March 3 (Reuters) - Gold prices rose for a fifth consecutive session on Tuesday as investors sought safe-haven assets 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. Spot gold ...Reuters
2 hours ago
Global aluminium producers pause Japan Q2 premium offers on Mideast uncertainty, sources say
By Yuka Obayashi TOKYO, March 3 (Reuters) - Global aluminium producers have pulled initial premium offers to Japanese buyers, or let them expire, as they gauge a threat from escalating Middle East conflict to cargoes through the Strait of Hormuz, four sources involved in quarterly pricing talks s...Reuters
2 hours ago
TECHNICALS-CBOT soybeans may retest support at $11.58
For more technical analyses, please click SINGAPORE, March 3 (Reuters) - The CBOT soybean May contract SK26 may retest support at $11.58 per bushel; a break below that could open the way toward $11.46-3/4. Signals are rather mixed, as the market quickly shot over the upper trendline of an expand...Reuters
2 hours ago
TABLE-North Sea gas maintenance schedule: Adds Ormen Lange outage
March 3 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUTA...Reuters
2 hours ago
NY court rejects Shell bid to overturn arbitration ruling that favored Venture Global
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
3 hours ago
PRESS DIGEST-Financial Times - March 3
March 3 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Toyota bows to Elliott in $38bn buyout battle- Stronger UK public finances can withstand Iran war shock, Reeves to say- Blackstone fla...Reuters
3 hours ago
GRAINS-Chicago soy surges, tracking soyoil gains; wheat dips
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.The most-active soybean contract ...Reuters
3 hours ago
Taiwan says no worries about short-term LNG supplies, has long-term backup plans
TAIPEI, March 3 (Reuters) - Taiwan's economy ministry said on Tuesday there were no worries about short-term LNG supplies and that it has longer-term back up plans, following disruption caused by the war against Iran. In the event of a prolonged blockade by Iran, Taiwan will look to non-Middle E...Reuters
3 hours 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-haven assets 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. Spot gold XAU= was up 1% at ...Reuters
4 hours ago
US will take action to mitigate oil price spike for Americans, Rubio says
WASHINGTON, March 2 (Reuters) - The U.S. will take action to mitigate rising energy prices due to a spike in the price of oil caused by the Iran conflict, Secretary of State Rubio said on Monday. Speaking to reporters at Capitol Hill, Rubio said Treasury Secretary Scott Bessent and Energy Secretary ...Reuters
4 hours ago
BP Says BP Whiting Refinery Presents Union With Last, Best And Final Offer
March 3 (Reuters) - BP PLC BP.L:SAYS BP WHITING REFINERY HAS NOW PROVIDED THE UNION WITH THEIR MOST COMPREHENSIVE AND MOST COMPETITIVE OFFERSAYS OFFER ADDRESSES KEY TOPICS DISCUSSED DURING NEGOTIATIONS SAYS THE NEXT STEP IS FOR THE UNION TO REVIEW THE OFFER AND DECIDE HOW TO PROCEED, INCLUDING WHETH...Reuters
5 hours ago
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
5 hours ago
