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Trafigura, Venezuelan mining firm sign deal for up to 1,000 kg of gold, Axios reports
March 4 (Reuters) - Venezuela's state-owned mining company has signed a multimillion-dollar deal to sell as much as 1,000 kg of gold dore bars to commodities trader Trafigura for U.S. markets, Axios reported on Wednesday, citing two sources familiar with the deal.
Reuters
19 minutes ago
Gold gains on safe-haven demand, softer dollar
March 5 (Reuters) - Gold rose on Thursday as the widening Middle East conflict drove investors towards the safe-haven asset, while a softer dollar also lent support to bullion prices.
Reuters
29 minutes ago
Australia, Canada sign new deals on critical minerals
G7 alliance aims to diversify critical minerals supply chainsCanada and Australia significant global producers of lithium, uranium, iron oreMiddle powers to deepen cooperation in defence, trade, AIBy Alasdair Pal and Melanie BurtonSYDNEY, March 5 (Reuters) - Australia and Canada said on Thursday the...
Reuters
31 minutes ago
Oil prices rise as Iran conflict widens
By Katya Golubkova TOKYO, March 5 (Reuters) - Oil prices rose on Thursday amid growing concern over the prolonged closure of the Strait of Hormuz, as the U.S.-Iran war chokes off vital Middle East oil and gas flows while production facilities limit output.Brent LCOc1 crude was trading up $1.67, o...
Reuters
35 minutes ago
TECHNICALS-US oil targets $79.88 as upside opens toward $100
For more technical analyses, click SINGAPORE, March 5 (Reuters) - U.S. oil CLc1 is poised to break resistance at $77.81 per barrel and rise toward $79.88. Bulls are launching the third attack after failing twice to overcome this barrier. They are highly likely to succeed and push the price toward ...
Reuters
41 minutes ago
Explosion reported off tanker near Kuwait, crew safe, UKMTO says
March 5 (Reuters) - A tanker at anchor off Kuwait reported seeing a large explosion on its port side and was taking on water, the United Kingdom Maritime Trade Operations (UKMTO) said.The master observed a small craft leaving the area following the explosion, which occurred 30 nautical miles (56 km)...
Reuters
50 minutes ago
GRAINS-Wheat ticks up after losses; soybeans under pressure
SINGAPORE, March 5 (Reuters) - Chicago wheat rose on Thursday, recouping some of last session's losses, although ample global supplies and improved U.S. weather are likely to cap the upside potential in prices.Soybeans were largely unchanged, with the market torn between support from rising oil ...
Reuters
52 minutes ago
NASA to tap ULA for critical moon-rocket hardware, Bloomberg News reports
March 4 (Reuters) - NASA plans to select United Launch Alliance to supply a critical component for future missions of its moon rocket, Bloomberg News reported on Wednesday, citing people familiar with the matter. The move could replace planned Boeing-built hardware, which NASA's inspector...
Reuters
an hour ago
Australia, Canada increase cooperation on critical minerals, defence, energy
SYDNEY, March 5 (Reuters) - Australia and Canada have agreed to increase collaboration on critical minerals, clean energy, defence and security, Australia Prime Minister Anthony Albanese said on Thursday.
Reuters
an hour ago
Silver Price Forecast: XAG/USD holds steady above $84.00; seems vulnerable
Silver (XAG/USD) trades with a positive bias for the second straight day on Thursday, though it lacks follow-through buying and remains confined in the previous day's broader range. The white metal holds above the $84.00 mark during the Asian session, up over 1% for the day.
Silver
Fxstreet
an hour ago
Cuba hit by widespread power blackout amid US oil chokehold
Latest in a series of widespread power outages to affect CubaRegional news report says repairs could take three to four daysCommunist-run island has come under increased pressure from USBy Annett Rios and Alien Fernandez HAVANA, March 4 (Reuters) - A power outage struck most of Cuba, including Ha...
Reuters
2 hours ago
REFILE-Australia to join G7 critical minerals alliance, Canada's Carney says
SYDNEY, March 5 (Reuters) - Australia and Canada on Thursday signed a series of new agreements on critical minerals, Canadian Prime Minister Mark Carney said, including Australia joining the G7 minerals alliance. Western nations have been attempting to diversify their supply chains away from China, ...
Reuters
2 hours ago
US Navy will escort oil tankers 'as soon as it can', Energy Secretary tells Fox News
March 4 (Reuters) - The U.S. Navy is currently focused on the Iran conflict and it will escort oil tankers through the Strait of Hormuz "as soon as it can," U.S. Energy Secretary Chris Wright told Fox News' "Ingraham Angle" program on Wednesday."No, not yet ... We'll do t...
Reuters
2 hours ago
Canada working to repatriate more than 2,000 citizens from Middle East
Government securing seats on commercial airlines and working to charter flights More than 2,000 Canadians request government assistance to leave Middle EastAbout half of Canadians requesting assistance from UAEBy Ryan Patrick JonesMarch 4 (Reuters) - The Canadian government is working to repatriate ...
Reuters
2 hours ago
WTI oil prices rise as Iran conflict widens
TOKYO, March 5 (Reuters) - U.S. West Texas Intermediate crude CLc1 oil prices rose $1.38, or 1.85%, to $76.04 per barrel in early trade on Thursday, as the U.S.–Iran war widened after a U.S. submarine sank an Iranian warship off Sri Lanka.
Reuters
2 hours ago
NASA to tap ULA for critical component of moon rocket, Bloomberg News reports
March 4 (Reuters) - NASA intends to select United Launch Alliance to provide a critical component for future missions of the agency's moon rocket, replacing planned Boeing-built hardware as costs ballooned to $2.8 billion, Bloomberg News reported on Wednesday, citing people familiar with the mat...
Reuters
2 hours ago
Venezuela mining reform coming soon, acting president says, as US official hails potential
Burgum, Rodriguez cheer shared desire for investmentVenezuela plans mining law reform to attract foreign investmentTwo dozen companies join visit March 4 (Reuters) - Venezuela's interim President Delcy Rodriguez said on Wednesday a reform of the country's main mining law will be submitted...
Reuters
2 hours ago
Explosion reported near tanker off Kuwait, crew safe, UKMTO says
March 5 (Reuters) - The United Kingdom Maritime Trade Operations (UKMTO) said it had received a report of an incident 30 nautical miles southeast of Kuwait's Mubarak Al Kabeer.The master of a tanker at anchor reported hearing and seeing a large explosion on the port side before observing a small...
Reuters
2 hours ago
NASA Intends To Select United Launch Alliance To Provide A Critical Component For Future Missions Of The Agency’S Moon Rocket - Bloomberg News
March 4 (Reuters) - NASA INTENDS TO SELECT UNITED LAUNCH ALLIANCE TO PROVIDE A CRITICAL COMPONENT FOR FUTURE MISSIONS OF THE AGENCY’S MOON ROCKET - BLOOMBERG NEWSSource text: https://tinyurl.com/yspxtvkx
Reuters
2 hours ago
Gold holds gains near $5,150 amid geopolitical tensions
Gold price (XAU/USD) holds positive ground near $5,145 during the early Asian session on Thursday. The precious metal edges higher on safe-haven demand from the US–Iran conflict. The US weekly Initial Jobless Claims report is due later on Thursday.
Gold
Fxstreet
3 hours ago
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