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PRECIOUS-Gold steady as investors weigh Mideast risks ahead of Fed decision
March 18 (Reuters) - Gold prices held steady on Wednesday as investors kept to the sidelines, evaluating the economic impact of the Middle East conflict ahead of the U.S. Federal Reserve's policy decision.FUNDAMENTALSSpot gold XAU= was little changed at $5,003.77 per ounce as of 0058 GMT. U.S. g...Reuters
5 minutes ago
Five people die in fire outside Pemex's Olmeca refinery in Mexico
MEXICO CITY, March 17 (Reuters) - Five people died outside Mexico's Olmeca oil refinery after "oily waters" around the perimeter caught fire, state-run oil firm Pemex said on Tuesday, the latest incident at the flagship project of former President Andres Manuel Lopez Obrador.One of those...Reuters
14 minutes ago
Silver Price Forecast: XAG/USD consolidates above $79.00; bearish bias intact ahead of Fed
Silver (XAG/USD) lacks a firm intraday direction and oscillates in a narrow range during the Asian session on Wednesday as traders opt to wait on the sidelines ahead of the crucial FOMC rate decision.
Fxstreet
22 minutes ago
Us Targets Iranian Missile Sites Near the Strait of Hormuz
The United States military said that it targeted sites along Iran’s coastline near the Strait of Hormuz, one of the world’s most critical energy chokepoints, because Iranian anti-ship missiles posed a risk to international shipping there, Reuters reported on Wednesday.Fxstreet
43 minutes ago
WTI Rises Above $95.00 as Iran's Attacks on Facilities Fuel Supply Fears
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $95.00 during the early Asian trading hours on Wednesday. The WTI price climbs amid intensifying Middle East conflict and severe supply disruptions.
Fxstreet
an hour ago
South Korea to curb naphtha exports, roll out emergency support as Middle East risks rise
SEOUL, March 18 (Reuters) - South Korea will limit naphtha exports and temporarily designate the feedstock as a supply-chain economic security item, Finance Minister Koo Yun-cheol said on Wednesday.The government will also expand financial support for affected companies by 1.5 trillion won ($1.01 bi...Reuters
an hour ago
BP locks out union workers at its Midwest refinery
By Nicole Jao and Anmol Choubey March 17 (Reuters) - BP BP.L on Tuesday said it will lock out approximately 800 United Steelworkers members from its 440,000 barrel-per-day Whiting, Indiana, refinery starting at 12:00 a.m. on March 19, citing a breakdown in negotiations over a new labor agreement....Reuters
2 hours ago
BP locks out union workers at its Midwest refinery
March 17 (Reuters) - BP BP.L on Tuesday barred about 800 United Steelworkers members from its 440,000 barrel-per-day refinery in Whiting, Indiana starting at 12:00 a.m. on March 19 after negotiations with the union broke down.The company canceled its 24‑hour rolling contract extension and issued the...Reuters
2 hours ago
Iraqi government, Kurdish authorities reach deal to resume oil exports to Turkey's Ceyhan port
Joint committee to prepare for resuming oil exports via pipelineTensions rise over new electronic customs systemOil exports to resume amid security and economic challengesKRG seeks guarantees for safe oil production environmentBy Ahmed Rasheed and Yomna Ehab Baghdad, March 17 (Reuters) - The Iraq...Reuters
3 hours ago
LIVESTOCK-CME cattle firm on meatpacking strike, falling corn prices
CHICAGO, March 17 (Reuters) - Chicago Mercantile Exchange cattle futures headed up on Tuesday as workers at a processing plant went on strike, corn prices fell, and the dryness threatened herds.Workers have gone on strike at a large JBS meatpacking plant in Greeley, Colorado, which is likely to redu...Reuters
3 hours ago
US Plains HRW Wheat-Basis flat; forecasts call for hot, dry weather
CHICAGO, March 17 (Reuters) - Basis bids for hard red winter (HRW) wheat were unchanged in the southern U.S. Plains on Tuesday while declines in wheat futures, coupled with uncertainty about crop prospects, kept farmer sales to a minimum, merchandisers said.Protein premiums for railcar wheat to or t...Reuters
3 hours ago
CIF/FOB Gulf Grain-Soy basis bounces from prior-day drop, corn bids steady-firm
CHICAGO, March 17 (Reuters) - Spot basis bids for soybeans shipped by barge to U.S. Gulf Coast terminals rebounded on Tuesday from prior-day declines on a slowdown in farmer sales and renewed optimism about Chinese demand, traders said.U.S. President Donald Trump said a highly anticipated trip to Ch...Reuters
4 hours ago
DTE Energy enters into supply deal with Alphabet's Google
March 17 (Reuters) - DTE Energy DTE.N said on Tuesday its subsidary DTE Electric signed a primary supply agreement and a clean capacity accelerator agreement (CCAA) to provide electric services and energy storage capacities to Alphabet's GOOGL.O Google.U.S. power demand reached record highs in 2...Reuters
4 hours ago
Brazil to negotiate soybean inspection framework after Chinese complaints, minister says
Brazil denies reports of eased soybean inspection rulesOfficials to propose sanitary protocol in China next weekTraders complain tighter checks slow shipments, raise costs during peak seasonBy Gabriel Araujo SAO PAULO, March 17 (Reuters) - Brazilian Agriculture Minister Carlos Favaro said on Tues...Reuters
4 hours ago
GRAINS-Soybeans regain ground as Trump postpones meeting with Xi
By Renee Hickman CHICAGO, March 17 (Reuters) - Chicago soybean futures climbed on Tuesday as U.S. President Donald Trump said he would postpone a meeting scheduled with China's President Xi Jinping.Trump had earlier said the meeting could be delayed, causing doubts over Chinese demand for the...Reuters
4 hours ago
