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REFILE-Fire at Abu Dhabi's Shah gas field caused by drone attack, media office says
March 16 (Reuters) - Authorities in Abu Dhabi on Monday were dealing with a fire at the Shah gas field caused by a drone attack and said that no injuries had been reported so far, the Abu Dhabi media office reported. The Shah field is one of the world's largest of its kind and is located 180 km ...Reuters
20 minutes ago
WRAPUP 2-Iran renews attacks on US Gulf allies, Trump says that was not expected
Iranian strikes target oil, transport infrastructure, U.S. assets across the GulfIsrael launches fresh attacks on Tehran, BeirutTrump says Iranian attacks on Gulf states were unexpectedUS intelligence had warned Trump attacking Iran could trigger retaliation, sources sayBy Alexander Cornwell and Jon...Reuters
25 minutes ago
Gold Firms as Investors Assess Middle East Fallout Ahead of Policy Decisions
March 17 (Reuters) - Gold prices edged higher on Tuesday, buoyed by easing fears of prolonged disruptions to oil shipments, while investors assessed the economic impact of the Middle East conflict ahead of a slew of central bank policy decisions this week.Reuters
38 minutes ago
REFILE-PRECIOUS-Gold firms as investors assess Middle East fallout ahead of policy decisions
Iran's Araqchi says Strait of Hormuz is only closed to 'enemies'Several allies decline US call to escort shipping in HormuzFed expected to hold rates steady in policy meeting this weekBy Noel John March 17 (Reuters) - Gold prices edged higher on Tuesday, buoyed by easing fears of prol...Reuters
44 minutes ago
ROI-China boosted crude stockpiles at start of 2026, but is not using them: Russell
By Clyde Russell LAUNCESTON, Australia, March 17 (Reuters) - China continued to boost its crude oil inventories in the first two months of the year as strong imports and domestic output exceeded an increase in refinery production.China's surplus of crude oil was 1.24 million barrels per day (...Reuters
46 minutes ago
FACTBOX-Half a million lose power as storms batter US Midwest, Mid-Atlantic and South
March 16 (Reuters) - More than 536,000 homes and businesses were without power on Tuesday as severe storms battered the U.S. Midwest and Mid-Atlantic region, according to data from PowerOutage.us.Pennsylvania was the hardest hit, with about 125,000 outages - roughly 1.9% of the state's 6.8 milli...Reuters
an hour ago
WTI Price Forecast: Retakes $95.00 amid supply concerns and bullish technical setup
West Texas Intermediate (WTI) Crude Oil prices regain some positive traction during the Asian session on Tuesday and recover a part of the previous day's retracement slide from the vicinity of the $100.00 psychological mark.
Fxstreet
2 hours ago
India File: Cooking gas crunch hits home
March 17 - By Nidhi C Sai, Editor Online Production, with global Reuters staffWar in the Middle East is straining supply of a fuel that has become indispensable to millions of Indian homes, laying bare how deep an impact geopolitics can now have on everyday lives anywhere in the world.This week, Ind...Reuters
2 hours ago
UAE suspends Shah gas field operations after drone attack
CAIRO, March 17 (Reuters) - Operations at the United Arab Emirates' Shah gas field remained suspended on Tuesday following a drone attack, while a fresh attack caused a fire in the Fujairah Oil Industry Zone. No injuries were reported in either incident, the local media offices said. ...Reuters
2 hours ago
Rubio, South Korea's Cho agree Strait of Hormuz key to global economy, Seoul says
South Korea among countries called on by U.S. President Trump to join naval operation in Strait of HormuzForeign Minister Cho declines to reveal discussions with U.S.South Korea operates one of the world's top naval fleetsBy Jack Kim and Kyu-seok Shim SEOUL, March 17 (Reuters) - U.S. Secretar...Reuters
2 hours ago
Thailand seeking to buy crude oil from Russia, minister says
BANGKOK, March 17 (Reuters) - Thailand has discussed with the Russian government the possibility of purchasing crude oil, a deputy prime minister said on Tuesday.Phiphat Ratchakitprakarn said Thailand's foreign minister raised the issue at a meeting in Europe on Monday and it was understood nego...Reuters
3 hours ago
METALS-Aluminium rises on Guinea quota fears, oil caps gains
March 17 (Reuters) - Aluminium rose on Tuesday as Guinea considered imposing bauxite export quotas, stoking feedstock supply concerns amid Middle East conflict-driven disruptions, though gains were capped by growth fears fuelled by rising oil.The most-active aluminium contract SAFcv1 added 0.14% to ...Reuters
3 hours ago
TECHNICALS-CBOT corn may test resistance at $4.60-3/4
SINGAPORE, March 17 (Reuters) - CBOT corn CK26 may test a resistance at $4.60-3/4 per bushel, a break above which could lead to a gain to $4.64-1/4.The contract seems to be consolidating within a triangle. Following its failure to break the support at $4.52-1/2, it bounced toward the upper trendline...Reuters
3 hours ago
GRAINS-Soybeans rise after biggest drop since 2023 on potential Trump-Xi meeting delay
Beijing, March 17 (Reuters) - Chicago soybean futures climbed on Tuesday after hitting their biggest daily drop since 2023 in the previous session, as the market responded to a potential delay to U.S. President Donald Trump's meeting with Chinese President Xi Jinping.Wheat and corn climbed more ...Reuters
3 hours ago
TECHNICALS-CBOT soybeans may revisit Monday low of $11.45-1/4
For more technical analyses, please click SINGAPORE, March 17 (Reuters) - The CBOT soybean May contract SK26 may revisit its Monday low of $11.45-1/4 per bushel, as suggested by its wave pattern.The market is riding on a wave 3, which consists of five small waves. The small wave iv drove the bounce ...Reuters
3 hours ago
Hong Kong to see oil shocks and volatility from Middle East war
HONG KONG, March 17 (Reuters) - Hong Kong's leader John Lee said he was "very concerned" about the rise in oil prices due to the U.S.-Israeli war on Iran and that the financial hub, along with the rest of Asia, would see shocks and volatility due to the disruption of supply and oil price...Reuters
3 hours ago
Projectile hits tanker off UAE's Fujairah, UKMTO says
March 17 (Reuters) - An unknown projectile struck a tanker 23 nautical miles east of Fujairah in the United Arab Emirates causing minor structural damage, the United Kingdom Maritime Trade Operations (UKMTO) said on Tuesday. There were no injuries reported to the crew, the agency said in an advi...Reuters
4 hours ago
BREAKINGVIEWS-US refinery bet will grease Reliance's pumps
By Shritama Bose MUMBAI, March 17 (Reuters Breakingviews) - Mukesh Ambani is getting his hands greasy. His $200 billion Reliance Industries RELI.NS will invest in a new refinery in Texas, America's first in 50 years, Donald Trump said last week. The Indian conglomerate has stumbled in its pas...Reuters
4 hours ago
