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PRECIOUS-Gold firms on dip-buying; dimming Fed rate-cut hopes cap rise
Gold prices to remain volatile in near term, analyst saysGold down more than 14% so far this monthBrent crude up 60% in March, biggest monthly rise everBy Noel John March 30 (Reuters) - Gold rose on Monday on dip-buying, but gains were capped by a surge in energy prices that fuelled inflation wor...Reuters
4 minutes ago
WTI Oil holds above $98.50 as concerns of a US invasion on Iran loom
The price of the US benchmark West Texas Intermediate Oil (WTI) has pulled back from three-week highs at $101.40 per barrel on Monday’s Asian session opening times, but downside attempts remain contained above $98.50, as US President Donald Trump maintains a mixed position on Iran.
Fxstreet
11 minutes ago
Russian oil tanker has arrived in Cuba, Interfax reports
MOSCOW, March 30 (Reuters) - The Russian tanker Anatoly Kolodkin, carrying a humanitarian shipment of 100,000 metric tons of crude oil, has arrived in Cuba, Interfax news agency reported on Monday, citing the Russian Ministry of Transport. It said the ship was currently expected to offload the ca...Reuters
19 minutes ago
Rockets hit Iraqi air base near Baghdad airport, aircraft destroyed, no casualties
March 30 (Reuters) - Iraq's Defence Ministry said on Monday that the Mohamad Alaa air base, located beside Baghdad International Airport, was hit by rockets in the early hours of Monday, destroying an aircraft but causing no casualties. The ministry added that authorities are assessing the damag...Reuters
21 minutes ago
TABLE-North Sea gas maintenance schedule: Revises Oseberg outage
March 30 (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.OPERATORLOCATIONOUT...Reuters
36 minutes ago
Malaysia's Capital A names new deputy CEO, explores dual listing in Hong Kong
Former banker Effendy Shahul Hamid appointed deputy CEOCapital A sees limited impact from Iran war on its businessesCompany plans to list branding unit in US by year-end, CEO Tony Fernandes saysBy Danial Azhar KUALA LUMPUR, March 30 (Reuters) - Malaysia's Capital A Berhad CAPI.KL named a seni...Reuters
46 minutes ago
METALS-Aluminium jumps as supply fears deepen on Iran's attacks on Middle East plants
March 30 (Reuters) - Aluminium prices rose sharply on Monday as market participants braced for a deeper supply shock after Iranian strikes over the weekend hit two of the biggest producers of the metal in the Middle East.Benchmark three-month aluminium on the London Metal Exchange CMAL3 was up 3.85%...Reuters
54 minutes ago
Russian oil tanker has arrived in Cuba, Ifx reports
MOSCOW, March 30 (Reuters) - Russian tanker Anatoly Kolodkin carrying a humanitarian shipment of 100,000 tonnes of crude oil has arrived in Cuba, Interfax news agency reported on Monday citing the Russian Ministry of Transport.According to LSEG ship tracking data, the vessel is moving along Cuba'...Reuters
55 minutes ago
Brent heads for record monthly jump as Houthi attacks widen Gulf conflict
Iran conflict escalates, Houthis launch attacks on IsraelAnalysts flag concerns over Saudi oil exports from Red SeaIran accuses US of ground assault plansPakistan prepares to host peace talksBy Mohi Narayan and Florence Tan NEW DELHI, March 30 (Reuters) - Oil prices extended gains on Monday, with...Reuters
an hour ago
WRAPUP 2-Israel reports second attack from Yemen as Middle East conflict escalates
Israel says Iran launched waves of missiles Israel says two drones from Yemen were interceptedIsraeli air force targets Iranian infrastructureBy Trevor Hunnicutt, Asif Shahzad, Alexander Cornwell and Sabrina Valle WASHINGTON/ISLAMABAD, March 30 (Reuters) - The Israeli military said on Monday ...Reuters
an hour ago
Nigeria's giant oil refinery fails to prevent record gasoline prices
Dangote refinery forced to import crude, exposing Nigeria to global price shocksNigeria's gasoline pump prices rise by 65%, highest in AfricaJoint venture operating model has led to reduced supply of domestic crudeNigeria has no official strategic fuel reserveBy Isaac Anyaogu LAGOS, March 30 ...Reuters
an hour ago
ROI-A riskier Mideast will drive Big Oil toward new frontiers: Bousso
By Ron Bousso HOUSTON, March 30 (Reuters) - Oil companies will have to look further afield for new fossil fuel resources now that the Iran war has dented the investment allure of the energy-rich Middle East. Higher oil prices will give them that chance.Major international oil companies, including...Reuters
an hour ago
Oil: Higher-for-longer price path as conflict extends – Societe Generale
Societe Generale analysts Michael Haigh, Ben Hoff and Jeremy Sellem argue that Brent now faces a higher-for-longer regime as the US–Israel–Iran confrontation delays the reopening of the Strait of Hormuz into April.Fxstreet
an hour ago
PRECIOUS-Gold firms on softer dollar, but dimming Fed rate-cut hopes cap rise
Gold prices to remain volatile in near term, analyst saysGold down more than 14% so far this monthBrent crude up 60% in March, biggest monthly rise everBy Noel John March 30 (Reuters) - Gold rose on Monday as the dollar softened, but gains were capped by a surge in energy prices that fuelled infl...Reuters
2 hours ago
Maersk Says United States Inland Fuel Surcharge For Shipments Booked On Or After April 18, The Surcharge Will Be $140
March 30 (Reuters) - AP Moeller - Maersk A/S MAERSKb.CO:MAERSK: UNITED STATES INLAND FUEL SURCHARGE FOR SHIPMENTS BOOKED ON OR AFTER APRIL 18, THE SURCHARGE WILL BE $140 USDSource text: https://tinyurl.com/3hta6uzeFurther company coverage: [MAERSKb.CO]Reuters
2 hours ago
ANALYSIS-Airlines face fare dilemma as fuel spike threatens travel demand
Higher oil pushes airlines to pull pricing, capacity leversPricing strategies may falter if demand weakensAircraft supply crunch limits cost cutsBy Rushil Dutta, Sameer Manekar and Yadarisa Shabong March 30 (Reuters) - Global airlines have begun to hike fares and cut capacity to cope with the sud...Reuters
2 hours ago
EXCLUSIVE-European aviation body eyes safety risks as conflict squeezes flight corridors
Middle East conflict narrows flight corridorsFewer routes means more congestion in open airspaceEASA warns of safety risks from concentrated air trafficAgency looking at clearer rules on civilian counter-drone powersBy Tim Hepher and Joanna Plucinska COLOGNE, March 30 (Reuters) - Wars, including ...Reuters
2 hours ago
PRECIOUS-Gold steady as softer dollar offsets fading Fed rate-cut hopes
Gold prices to remain volatile in near term, analyst saysGold lost more than 15% so far this monthBrent crude up 60% in March, biggest monthly rise everBy Noel John March 30 (Reuters) - Gold prices held steady on a volatile Monday session, with a softer dollar meeting a surge in energy prices tha...Reuters
4 hours ago
