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PRECIOUS-Gold loses over 1% as dollar firms, Fed cut hopes fade
Iran denies talks with USTrump postpones strikes on Iranian power gridOil remains above $100 a barrelSilver, Platinum and Palladium down over 2%By Noel John March 24 (Reuters) - Gold prices fell more than 1% on Tuesday, extending their slide to a tenth straight session, pressured by a firm U.S. d...Reuters
6 minutes ago
GRAINS-Chicago soybeans gain as investors weigh impact of US-Iran war
BEIJING, March 24 (Reuters) - Chicago soybean futures rose on Tuesday as U.S. President Donald Trump's announcement of a delay to possible strikes against Iranian power plants roiled financial markets.Wheat and corn futures also edged higher. FUNDAMENTALSThe most-active soybean contract on ...Reuters
19 minutes ago
BREAKINGVIEWS-Iran war exposes food security to cascading risks
By Antony CurrieMELBOURNE, March 24 (Reuters Breakingviews) - The conflict has halted supplies of a third of the $290 bln fertiliser market. In the short term, it will impact harvests and countries will ban food exports. In the long term, farmers already exposed to extreme weather will plant less. T...Reuters
20 minutes ago
Australia, EU seal long-awaited trade deal amid global trade tensions
Deal removes over 99% of tariffs on EU goods exports Zero import tariffs for critical mineralsEU aims to reduce dependency on China, expand Indo-Pacific tiesBy Renju Jose SYDNEY, March 24 (Reuters) - Australia and the European Union signed a trade deal on Tuesday that was eight years in the makin...Reuters
39 minutes ago
Valero's Port Arthur, Texas, refinery, hit by fire, local media reports
March 23 (Reuters) - A fire hit Valero's VLO.N 380,000 barrel-per-day Port Arthur, Texas, refinery late on Monday, local media reported.Sheriff Zena Stephens said there are no reported injuries and the explosion was likely caused by an industrial heater, CBS affiliate KFDM reported. Valero did n...Reuters
45 minutes ago
Silver Price Forecast: XAG/USD weakens to $66.50, bears retain control below 100-day SMA
Silver (XAG/USD) struggles to capitalize on the previous day's solid recovery move from the $61.00 mark, or its lowest level since December 12, and meets with a fresh supply during the Asian session on Tuesday.
Fxstreet
56 minutes ago
Oil Rises as Markets Assess Supply Risks After Iran Denies Us Talks
Oil prices rose in early trade on Tuesday on supply fears, as Iran denied it had held talks with the United States to end the war in the Gulf, contradicting President Donald Trump, who said a deal could be reached soon.Reuters
an hour ago
Wti Rises Back Above Mid-$90.00s Amid Middle East Tensions and Supply Risks
West Texas Intermediate (WTI) Crude Oil prices gain traction in Asian trading Tuesday, building on Monday’s rebound from the $84.00 mark, a near two-week low. The commodity climbs above the mid-$90.00s, supported by supply fears.
Fxstreet
an hour ago
South Korea's Lee calls for energy saving campaign including curbs on cars
SEOUL, March 24 (Reuters) - South Korean President Lee Jae Myung called on the country on Tuesday to join an energy saving campaign in response to concerns about oil and gas supply because of the Iran war, and said public institutions will cut back operating passenger cars.Speaking at a cabinet meet...Reuters
2 hours ago
Itochu, US firm to set up Japan JV in electronics recycling
TOKYO, March 24 (Reuters) - Japanese trading house Itochu 8001.T said on Tuesday it has agreed to form a capital and business alliance with U.S. Electronic Recyclers International, which operates an electronic equipment recycling business in the United States.The companies will establish a joint ven...Reuters
2 hours ago
Iran denies any talks with US following Trump's remarks
Iran’s Foreign Ministry, Abbas Araghchi, stated that there was “no dialogue” between Tehran and Washington. Meanwhile, Iranian Parliament Speaker Mohammad Bagher Ghalibaf said in a social media post on Monday that “no negotiations have been held with the US.”Fxstreet
3 hours ago
CIF/FOB Gulf Grain-Corn, soy barge basis steady-firmer as farmer sales slow
CHICAGO, March 23 (Reuters) - Spot basis bids of soybeans and corn shipped by barge to U.S. Gulf Coast terminals were steady to stronger on Monday, supported by decent demand from exporters amid slowing farmer grain sales, traders said.Under its daily reporting rules, the U.S. Department of Agricult...Reuters
3 hours ago
CERAWEEK-About 300 protesters chant, rally outside energy conference
By Erwin SebaHOUSTON, March 23 (Reuters) - About 300 protesters chanted “we need clean air, not another billionaire!” on Monday outside the Houston hotel where many of the world's top energy industry executives have gathered this week for the largest annual industry conference.CERAWeek draws oil...Reuters
3 hours ago
CERAWeek-Canadian crude re-exports from Gulf Coast set to surge with pipeline projects, Enbridge says
Enbridge sees India, Africa as key markets for re-exported Canadian crudeCompany's Mainline expansion projects will carry more Canadian oil to the USCanadian oil output forecast to rise by 1 million bpd by 2035By Amanda Stephenson HOUSTON, March 23 (Reuters) - Gulf Coast re-exports of Canadia...Reuters
3 hours ago
Union says BP lockout at Indiana oil refinery was unfair, urges return to talks
By Nicole Jao and Anushree Mukherjee NEW YORK, March 23 (Reuters) - The United Steelworkers said on Monday BP BP.L engaged in unfair labor practices by locking out nearly 800 workers at its Whiting, Indiana, oil refinery and urged the company to resume contract talks."BP's decision to loc...Reuters
3 hours ago
US Cash Crude-Grades slightly softer as market weighs Trump talks with Iran
NEW YORK, March 23 (Reuters) - Premiums for U.S. cash crude grades were steady to softer on Monday during the roll-trading period, dealers said, as fears of prolonged supply disruptions eased after President Donald Trump said the U.S. was in talks with Tehran about ending the U.S.-Israeli war on Ira...Reuters
4 hours ago
California sues US Dept of Energy over Sable oil pipeline restart
By David Thomas March 23 (Reuters) - California Attorney General Rob Bonta said on Monday he has sued the U.S. Department of Energy to stop it from using a Cold War-era law to restart the long-disputed Sable Offshore SOC.N pipeline system linking the Santa Ynez offshore platform to California ref...Reuters
4 hours ago
