News
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Goldman Sachs raises 2026 Brent crude average price forecast by $8 to $85 a barrel
March 22 (Reuters) - Goldman Sachs late on Sunday raised its 2026 average price forecast for Brent crude oil to $85 per barrel (bbl) from $77, while raising its West Texas Intermediate (WTI) forecast to $79/bbl from $72.
Reuters
28 minutes ago
PRECIOUS-Gold slides over 2% as Middle East tensions stoke inflation fears
Iran vows to hit Gulf infrastructure if US strikes power gridMarket bets on Fed rate hike this year surgeOil prices remain above $110 per barrelBy Noel John March 23 (Reuters) - Gold prices slipped more than 2% on Monday, extending their drop to a roughly four-month low, as an escalating Middle E...Reuters
38 minutes ago
GRAINS-Chicago soybeans rise as investors weigh impact of US-Iran war
BEIJING, March 23 (Reuters) - Chicago soybean futures climbed on Monday as investors weighed U.S. and Iranian threats to target energy facilities that could escalate the war and add further pressure to the global commodities market. Wheat and corn futures edged higher. The most-active soybean contra...Reuters
40 minutes ago
Oil steadies as investors weigh up US, Iran threats to facilities, eased sanctions
Trump gives Iran 48 hours to reopen Strait of HormuzIran threatens Gulf energy, water if US hits power plantsMiddle East crisis 'very severe', IEA's Birol saysUS temporarily waives sanctions on Iranian oil at seaBy Florence Tan SINGAPORE, March 23 (Reuters) - Oil prices were little mo...Reuters
51 minutes ago
GRAINS-Chicago soybeans rise as investors weigh impact of US-Iran war
BEIJING, March 23 (Reuters) - Chicago soybean futures climbed on Monday as investors weighed U.S. and Iranian threats to target energy facilities that could escalate the war and add further pressure to the global commodities market. Wheat and corn futures edged higher. FUNDAMENTALSThe most-acti...Reuters
an hour ago
IEA consulting with governments on further oil stock releases, chief Birol says
SYDNEY, March 23 (Reuters) - The International Energy Agency is consulting with governments in Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, Executive Director Fatih Birol said on Monday."If it is necessary, of course, we will do it. We look at...Reuters
an hour ago
PRECIOUS-Gold slides over 3% as Middle East tensions stoke inflation fears
March 23 (Reuters) - Gold prices slipped more than 3% on Monday, extending their drop to a roughly four-month low, as an escalating Middle East conflict stoked inflation concerns and expectations of higher global interest rates.FUNDAMENTALSSpot gold XAU= was down 3.3% at $4,340.09 per ounce, as of 0Reuters
an hour ago
Gold Flash Crashes in Early Trading, $4,400 Mark Lost
TradingKey - In early Asian trade today (March 23), international spot gold prices experienced sharp volatility, rapidly breaking below the $4,400/oz key support level after the opening. Prices hit a session low of $4,319, with the decline widening to as much as 3.8% at one point. This marks the firTradingKey
2 hours ago
WRAPUP 1-Iran threatens to retaliate against Gulf energy and water after Trump ultimatum
Tehran vows to strike Gulf infrastructure if US attacks Iranian power gridThreats add to worries in global marketsTehran says strait open to all but 'enemies'By Maayan Lubell, Alexander Cornwell and Idrees Ali TEL AVIV/JERUSALEM/WASHINGTON, March 23 (Reuters) - Iran warned it would st...Reuters
2 hours ago
Silver Price Forecast: XAG/USD hangs near multi-week low; seems vulnerable below $67.50
Silver (XAG/USD) falters after a modest Asian session bounce to the $69.60 area and trades with a negative bias for the fifth straight day on Monday. The white metal is currently placed just below mid-$67.00s, down 0.80% for the day, and seems vulnerable near a six-week low, touched last Thursday.
Fxstreet
3 hours ago
Iran threatens to completely close Strait of Hormuz if US bombs power plants
Iran’s Islamic Revolutionary Guard Corps (IRGC) said that it will completely shut the strait if US President Donald Trump proceeds with his threats to target Iranian energy facilities, the Guardian reported on Monday.Fxstreet
3 hours ago
Goldman Sachs Raises 2Q26 TTF Gas Forecast To 72 EUR/Mwh From 63 EUR/Mwh
March 23 (Reuters) - GOLDMAN SACHS: SAYS IT LIFTS 2Q26 TTF GAS FORECAST TO 72 EUR/MWH ($24.40/MMBTU), FROM 63 EUR/MWHSAYS IT RAISES 2Q26 JKM GAS PRICE FORECAST TO $26.90/MMBTU (FROM $23.35)SAYS IT RAISES 2028/2029 FORECASTS TO 19/16 EUR/MWH FOR TTF GAS (FROM 12/12 EUR/MWH) AND $6.90/$5.70 FOR JKM (F...Reuters
3 hours ago
Goldman Sachs raises 2026 Brent crude average price forecast by $8 to $85 a barrel
March 22 (Reuters) - Goldman Sachs late on Sunday raised its 2026 average price forecast for Brent crude oil to $85 per barrel from $77, and raised its West Texas Intermediate (WTI) forecast to $79/bbl from $72. "Due to uncertainty around the duration of the shock and assuming that Hormuz flows ...Reuters
4 hours ago
Gold falls to near $4,450 as inflation fears and rate hike prospects weigh on demand
Gold price (XAU/USD) tumbles to around $4,460 during the early Asian trading hours on Monday. The precious metal remains under selling pressure amid a stronger US Dollar (USD), rising bond yields and concerns about inflation linked to energy prices.Fxstreet
4 hours ago
WRAPUP 7-Iran threatens to retaliate against Gulf energy and water after Trump ultimatum
Tehran vows to strike Gulf infrastructure if U.S. attacks Iranian power gridThreats add to worries in global marketsTehran says strait open to all but 'enemies'Air raid sirens over Israel after scores injured overnightBy Maayan Lubell, Alexander Cornwell and Idrees Ali TEL AVIV/JERUSALEM/...Reuters
4 hours ago
