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Bayer's profit guidance falls short of expectations
Full-year guidance disappoints market, shares drop 3.8% CEO Anderson overhauls management2025 earnings slightly higher than analyst consensusCash outflow after investments could be up to 2.5 bln eur in '26 By Patricia Weiss and Ludwig Burger FRANKFURT, March 4 (Reuters) - Germany's Bayer...Reuters
5 minutes ago
Russia's Putin to discuss 'Ukrainian energy blackmail' with Hungary's Szijjarto, Kremlin says
MOSCOW, March 4 (Reuters) - Russian President Vladimir Putin will hold talks with Hungarian Foreign Minister Peter Szijjarto later on Wednesday and discuss "Ukraine's blackmailing of Slovakia and Hungary" over oil supplies, the Kremlin said. Kyiv has said that the Ukrainian branch of th...Reuters
6 minutes ago
PRECIOUS-Gold gains as Middle East conflict revive safe-haven bid
Gold rises above 2%, silver up over 4%Palladium, platinum up over 3%Oil, gas prices surge as Middle East energy shipments stallBy Pablo Sinha March 4 (Reuters) - Gold prices climbed 2% on Wednesday, rebounding from a more than one-week low hit in the previous session, as the dollar took a breath...Reuters
17 minutes ago
Russia blames Ukrainian drones for attack on LNG ship in Mediterranean
All 30 crew members of LNG ship reported safeRussia calls the incident an 'act of terrorism'Would be first attack on Russian gas carrier if confirmed MOSCOW, March 4 (Reuters) - Russia's transport ministry on Wednesday accused Ukrainian naval drones of attacking a Russian liquefied na...Reuters
26 minutes ago
Asia LNG price surge opens arbitrage from West to replace Qatari supply
By Emily Chow SINGAPORE, March 4 (Reuters) - Asia's liquefied natural gas prices have jumped, opening up arbitrage opportunities for traders to ship cargoes from the Atlantic to the east to replace Qatari supply lost during the U.S.-Iran war, analysts said. Cargo diversions could intensify...Reuters
36 minutes ago
FACTBOX-Goldman Sachs raises Brent, WTI oil price outlook
Feb 23 (Reuters) - Goldman Sachs GS.N expects the average 2026 Brent price to be at $71 per barrel (/bbl), from $64/bbl previously, and U.S. West Texas Intermediate price at $67/bbl for the same period, versus $60 earlier.The bank also raised its average Brent price forecast for the second quarter o...Reuters
38 minutes ago
Italy says it can reactivate coal-powered plants if Gulf crisis makes it necessary
ROME, March 4 (Reuters) - Italy's energy minister said on Wednesday that the country can reactivate some coal-fired power stations if conflict in the Middle East should lead to an energy crisis.Minister Gilberto Pichetto Fratin said in a television interview that Italy has "coal-powered stat...Reuters
43 minutes ago
African supply chains under strain from Middle East conflict, Ramaphosa says
CAPE TOWN, March 4 (Reuters) - South Africa's President Cyril Ramaphosa said on Wednesday that the escalating conflict in the Middle East was already putting strain on the African continent's supply chains and causing higher energy prices.Ramaphosa made the comments at an African energy conf...Reuters
an hour ago
Russia accuses Ukraine of striking ship carrying gas in Mediterranean
MOSCOW, March 4 (Reuters) - Russia's transport ministry said on Wednesday that Ukrainian naval drones were responsible for an attack on a Russian ship carrying gas - Arctic Metagaz - which caught fire in the Mediterranean a day earlier.The ministry said the attack was "an act of internationa...Reuters
an hour ago
South African president says African supply chains strained by Middle East conflict
CAPE TOWN, March 4 (Reuters) - South Africa's President Cyril Ramaphosa said on Wednesday that the escalating conflict in the Middle East was already putting strain on the African continent's supply chains and causing higher energy prices.Reuters
an hour ago
WRAPUP 3-US strike on Iran 'ahead of game plan' but global markets rattled, energy prices soar
US and Israel strikes degrade Iran's defences, says US admiralStrait of Hormuz too precarious for energy exportsGlobal markets slide, stocks tank, energy prices soarMore than 20,000 flights cancelled in Middle EastBy Jana Choukeir and Pesha Magid DUBAI/JERUSALEM, March 4 (Reuters) - U.S. forc...Reuters
2 hours ago
EXCLUSIVE-Japan, US aim to add nuclear power project to $550 billion investment package, sources say
Nuclear power project under consideration involves WestinghouseSecond batch of deals could be announced when Japan PM visits U.S. this monthCopper smelting, refining facility project is also being consideredBy Tamiyuki Kihara and Makiko Yamazaki TOKYO, March 4 (Reuters) - Japan and the United St...Reuters
2 hours ago
TABLE-UAE's Fujairah oil inventory data for week ended March 2
March 4 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended March 2, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from...Reuters
2 hours ago
RUBBER-Japan futures edge higher on soaring oil, freight rates
By Ruth ChaiMarch 4 (Reuters) - Japanese rubber futures reversed earlier losses on Wednesday, helped by soaring oil prices and freight rates as the U.S.-Israeli war on Iran disrupted Middle East supplies.The Osaka Exchange (OSE) rubber contract for August delivery JRUc6, 0#2JRU: was up 1.7 yen, or ...Reuters
3 hours ago
Oil prices rise 3% as Iran crisis disrupts Middle East supply
Geopolitical factors remain near-term key driver, analyst says U.S. crude stocks up 5.6 million barrels last week, sources sayBy Arathy Somasekhar and Trixie Yap March 4 (Reuters) - Oil prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gai...Reuters
3 hours ago
PRECIOUS-Gold climbs over 1% as expanding Middle East war fuels safe‑haven demand
Silver, platinum up over 2%Oil, gas prices surge as Middle East energy shipments stallHigher oil prices complicates outlook for monetary easing, analyst saysBy Noel John March 4 (Reuters) - Gold prices rose over 1% on Wednesday, rebounding from a more than one-week low hit in the previous session...Reuters
3 hours ago
TECHNICALS-CBOT corn biased to retest support at $4.44-3/4
SINGAPORE, March 4 (Reuters) - CBOT corn CK26 is biased to retest a support at $4.44-3/4 per bushel, a break below which may trigger a fall to $4.42-3/4.A correction from $4.49-1/4 has been mostly developing within a rising channel, the lower channel line of which suggests a target of $4.42-3/4.A br...Reuters
3 hours ago
