News
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Middle East Situation Flares Again, Gold Drops Below $4,900 Mark.
TradingKey - Gold prices weakened unexpectedly, falling below the key $4,900 threshold, while the energy market heated up rapidly due to geopolitical risks. Intraday, Brent crude once again broke above $100 per barrel.
TradingKey
31 minutes ago
PRECIOUS-Gold falls 2% as inflation fears bolster hawkish Fed bets
Tehran retaliates after Israel kills Iranian security chiefFed to announce interest rate decision at 1800 GMTOil prices remain above $100 a barrelBy Pablo Sinha March 18 (Reuters) - Gold prices fell to a one-month low on Wednesday as investors weighed the risk of a more hawkish U.S. Federal Rese...Reuters
39 minutes ago
Oil turns positive as Middle East supply disruptions persist
Oil exports resume Wednesday amid security, economic challengesUS crude stocks rose last week, sources cite API dataBrent futures above $100 as no sign of war de-escalation By Ahmad Ghaddar LONDON, March 18 (Reuters) - Brent crude prices turned positive as supply disruptions — from Gulf producer ...Reuters
39 minutes ago
US signs critical minerals deal with Brazil state, eyes federal agreement
SAO PAULO, March 18 (Reuters) - The United States signed on Wednesday a memorandum of understanding on critical minerals with Brazil's Goias state, in what U.S. Charge d'Affaires Gabriel Escobar described as a "win-win" partnership.Escobar said Washington has also proposed an agreeme...Reuters
55 minutes ago
NORDIC POWER-Forward prices slip on lower European rates, technical correction
March 18 (Reuters) - Nordic forward power prices inched lower on Wednesday, pressured by a technical correction and weaker rates in continental energy markets.Nordic front-quarter baseload power contract 0#NSBLQ: fell 1.65 euros to 54.5 euros per megawatt hour (MWh) at 1058 GMT. Nordic front-year po...Reuters
55 minutes ago
Norwegian Air adds 120 flights after SAS cancellations
COPENHAGEN, March 18 (Reuters) - Norwegian Air NAS.OL said on Wednesday it will add 120 flights in the Nordic region between March 25 and April 12 as demand rose after rival SAS on Tuesday announced cancellations over high jet fuel prices caused by the Iran war.Global airlines sounded the alarm on T...Reuters
an hour ago
Silver Price Forecast: XAG/USD consolidates below $80.00 in countdown to Fed’s policy
Silver price (XAG/USD) trades in a confined range below $80.00 during the European trading session on Wednesday. The white metal consolidates as investors await the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
Fxstreet
an hour ago
Germany's Talanx hints it will reduce stake in grid operator Amprion
MUNICH, Germany, March 18 (Reuters) - Insurer Talanx TLXGn.DE signalled on Wednesday it plans to cut its stake in Amprion after sources told Reuters last month that major owners of Germany's second-biggest electricity grid were considering selling their stakes to new investors. “We need to r...Reuters
an hour ago
Saudi Red Sea oil exports set to jump to 3.8 million bpd in March, shipping data shows
Saudi used to export 6 million bpd via Strait of HormuzAramco using chemicals to speed up pipeline flows, sources sayAramco says Yanbu can export up to 5 million bpdChina is buying the largest share of Yanbu flowsBy Nerijus Adomaitis OSLO, March 18 (Reuters) - Saudi Arabia's crude oil loading...Reuters
an hour ago
Crop merchant Louis Dreyfus posts lower profits, higher volumes for 2025
PARIS, March 18 (Reuters) - Global agricultural merchant Louis Dreyfus Company recorded a drop in annual profits in what it said on Wednesday were resilient results in the face of persistent geopolitical, economic and weather challenges.Ample global supply weighed on prices of staple crops like corn...Reuters
an hour ago
GRAINS-Chicago soybeans fall as Trump-Xi meeting delay dampens Chinese demand hopes
BEIJING/PARIS, March 18 (Reuters) - Chicago soybean futures fell on Wednesday as a delay in a meeting between U.S. President Donald Trump and Chinese President Xi Jinping dampened hopes for continued Chinese demand for U.S. soybeans. The most-active soybean contract on the Chicago Board of Trade (CB...Reuters
an hour ago
Cattle disease spreads in Russia amid scepticism over diagnosis
Disease outbreaks reported in 10 regionsOne Russian region with registered outbreak borders ChinaFarmers, scientists question official diagnosisGovernment commission arrives in affected regionBy Gleb BryanskiMOSCOW, March 18 (Reuters) - Cattle diseases officially identified as pasteurellosis or rabi...Reuters
an hour ago
Cambodia turns to Singapore, Malaysia for fuel as Vietnam, China restrict supplies
Vietnam, China restrict fuel exports to ensure local supplyMany petrol stations reopen after a third were closed last weekEnergy minister says stockpiles near historical averageRenewables expansion helped cushion oil shock, minister saysBy Sudarshan Varadhan SINGAPORE, March 18 (Reuters) - Cambod...Reuters
an hour ago
Oil industry facilities targeted in southern Iran, Tasnim agency reports
DUBAI, March 18 (Reuters) - Some facilities belonging to Iran's oil industry in South Pars and Asaluyeh were attacked on Wednesday, semi-official Tasnim news agency reported, adding that the extent of damage was not yet clear. Tasnim said petrochemical facilities in South Pars were targeted.Reuters
an hour ago
Poland's Tusk presses EU to keep giving industry free carbon permits
EU leaders summit on Thursday expected to address carbon marketIran war has increased government's concerns about energy costsPoland remains heavily dependent on carbon-intensive coal WARSAW, March 18 (Reuters) - Poland is one of a group of countries pressing for the European Union to keep ha...Reuters
2 hours ago
Agricultural merchant Louis Dreyfus posts lower profits
PARIS, March 18 (Reuters) - Global agricultural merchant Louis Dreyfus Company recorded a drop in annual profits in what it called resilient results in the face of persistent geopolitical, economic and weather challenges.LDC said in a statement on Wednesday that its core earnings before interest, ta...Reuters
2 hours ago
General Mills Q3 sales fall on brand investments, yogurt divestitures, reaffirms 2026 outlook
OverviewU.S. packaged foods maker's fiscal Q3 sales declined 8% but slightly beat analyst expectationsAdjusted EPS for fiscal Q3 fell 37% yr/yr in constant currency and missed analyst estimatesCompany attributed declines to brand investments, yogurt divestitures, and unfavorable trade expense ti...Reuters
2 hours ago
