News
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Iran’s Tough Stance Combined With Israel’s Signal to Pause Attacks, Will Oil Prices Rise or Fall?
TradingKey — Middle East tensions are once again rattling market nerves, pushing crude oil prices into a state of high volatility. Following successive statements from Iran and Israel regarding energy infrastructure, supply concerns and geopolitical risks have rapidly returned as the primary trading
TradingKey
an hour ago
Kuwait's Mina Al-Ahmadi refinery hit by drone attack, fire breaks out
DUBAI, March 20 (Reuters) - Kuwait's state oil firm KPC said its Mina Al-Ahmadi refinery was hit by multiple drone attacks early on Friday, causing a fire in some units, with no initial casualties reported, the state news agency said.Firefighters responded immediately, with several units shut do...Reuters
13 minutes ago
PRESS DIGEST -Wall Street Journal - March 20
March 20 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- The Federal Communications Commission said it approved the $3.54 billion sale of local television station owner Tegna TGNA.N to Nexstar N...Reuters
17 minutes ago
Oil retreats as US and allies look to boost supply, unchoke Strait of Hormuz
Brent down 1.3%, WTI down 2%European nations, Japan willing to help secure Strait of HormuzUS weighs further SPR releaseBrent up for the week, WTI discount widensBy Jeslyn Lerh and Helen Clark SINGAPORE, March 20 (Reuters) - Oil prices fell on Friday as leading European nations and Japan offered ...Reuters
32 minutes ago
Vietnam accelerates shift to ethanol fuel as Iran war drives up energy prices
HANOI, March 20 (Reuters) - Vietnam will switch fully to ethanol-blended gasoline earlier than planned as part of its efforts to curb fossil fuel use, a government document showed on Friday, as the war in Iran continues to disrupt global energy supplies.The Southeast Asian country will begin using E...Reuters
50 minutes ago
PRECIOUS-Gold set for third weekly fall on hawkish US Fed, elevated dollar
US may remove sanctions on Iranian oil stranded in tankersTrump tells Israel not to repeat strikes on Iranian energyGold lost over 6% this weekBy Noel John March 20 (Reuters) - Gold prices rose on Friday on technical buying, but were headed for a third consecutive weekly decline, pressured by a f...Reuters
58 minutes ago
TECHNICALS-CBOT corn may test support at $4.63-3/4
SINGAPORE, March 20 (Reuters) - CBOT corn CK26 may test support at $4.63-3/4 per bushel, a break below may trigger a drop into the $4.58-1/4 to $4.61 range.The contract has been edging up. However, the bearish divergence on the hourly RSI confirms an exhaustion of the rise. A correction is due.A bre...Reuters
an hour ago
TECHNICALS-CBOT soybeans biased to test support at $11.64
For more technical analyses, please click SINGAPORE, March 20 (Reuters) - The CBOT soybean May contract SK26 is biased to test a support at $11.64 per bushel, a break below could trigger a fall into the $11.58 to $11.61-1/4 range.A short uptrend has been developing within a channel, the upper channe...Reuters
2 hours ago
South Korea flags uncertainty from Qatar LNG plant damage, but downplays supply concerns
QatarEnergy will have to declare force majeure on long-term LNG contractsIranian attacks on Qatar raise uncertainty about gas supplies, Seoul saysSouth Korea downplays LNG disruption, cites alternative sourcesBy Hyunjoo Jin SEOUL, March 20 (Reuters) - South Korean authorities said on Friday that ...Reuters
2 hours ago
GRAINS-Chicago corn falls, tracking weaker crude oil
BEIJING, March 20 (Reuters) - Chicago corn futures fell on Friday, tracking a drop in crude oil prices, while investors assessed the impact of the Middle East conflict on commodities markets.Wheat edged lower while soybean gained.The most-active corn contract on the Chicago Board of Trade (CBOT) Cv1...Reuters
2 hours ago
EXCLUSIVE-Tesla in talks with Chinese firms to buy $2.9 bln worth of solar equipment, sources say
Tesla eyeing purchase of equipment to manufacture solar panels, cells from ChinaSome equipment would require export approval from BeijingChina's Suzhou Maxwell among potential candidatesTesla aims to add 100 GW of solar capacity March 20 (Reuters) - Tesla TSLA.O is looking to buy equipment wo...Reuters
2 hours ago
WRAPUP 3-Israel launches new wave of attacks on Iran as crisis deepens
Israeli military says strikes launched on targets in Tehran Iran strikes badly damage Qatar gas outputTrump says US not told in advance of Israel's gas field strikeBy Andrew Mills, Trevor Hunnicutt and Maayan Lubell DOHA/WASHINGTON/JERUSALEM, March 20 (Reuters) - Israel launched a fresh wave ...Reuters
2 hours ago
Silver Price Forecast: XAG/USD holds onto recovery move around $74, outlook remains grim
Silver price (XAG/USD) holds onto Thursday’s recovery move around $74 during the Asian trading session on Friday. The white metal recovered the previous day after revisiting the February low around $64.00.
Fxstreet
2 hours ago
GRAINS-Chicago soybeans fall as weaker crude oil pushes down prices
BEIJING, March 20 (Reuters) - Chicago soybean futures fell on Friday, tracking losses in soyoil prices driven by lower crude oil, while investors weighed the market impact of the military conflict in the Middle East. Wheat and corn futures edged lower. FUNDAMENTALSThe most-active soybean contra...Reuters
3 hours ago
Gold Plunges More Than $300 Again, Will It Continue to Fall?
TradingKey - Driven by the Federal Reserve’s hawkish stance, a strengthening US dollar, and reignited inflation expectations from Middle East tensions, gold prices plummeted for two consecutive trading sessions, with a cumulative decline exceeding $500.TradingKey
3 hours ago
Oil Falls as US and Allies Look to Boost Supply, Unchoke Strait of Hormuz
PERTH, March 20 (Reuters) - Oil prices fell on Friday as leading European nations and Japan offered to join efforts to secure safe passage for ships through the Strait of Hormuz and the U.S. outlined moves to boost oil supply.Reuters
3 hours ago
EXCLUSIVE-Tesla in talks with Chinese firms to buy $2.9 bln worth of solar equipment, sources say
Tesla eyeing purchase of equipment to manufacture solar panels, cells from ChinaSome equipment would require export approval from BeijingChina's Suzhou Maxwell among potential candidatesTesla aims to add 100 GW of solar capacity March 20 (Reuters) - Tesla TSLA.O is looking to buy equipment wo...Reuters
3 hours ago
China's exports of rare earth magnets jump ahead of Trump-Xi meeting
BEIJING, March 20 (Reuters) - Chinese exports of rare earth magnets in the first two months of 2026 rose 8.2% from the same period the year before, customs data showed on Friday, ahead of a highly anticipated meeting between the leaders of the world's two largest economies.Outbound shipments fro...Reuters
3 hours ago
