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Israeli military says strike in Beirut killed Hezbollah southern front commander Haj Youssef Ismail Hashem
April 1 (Reuters) - The Israeli military said on Wednesday it had killed a senior Hezbollah official in an overnight attack.Israel's navy killed Haj Youssef Ismail Hashem, the commander of Hezbollah's southern front, the country's military spokesperson Avichay Adraee said in a statement ...
Reuters
3 minutes ago
Brazil's oil output up 16.4% in February, regulator says
SAO PAULO, April 1 (Reuters) - Brazil's oil production rose 16.4% year-on-year in February to 4.06 million barrels per day, oil regulator ANP said on Wednesday, while natural gas output was up 24.5% to 197.63 million cubic meters per day.
Reuters
7 minutes ago
RPT-ROI-Iran war is both a boost and a threat to Australia's LNG: Russell
By Clyde Russell SYDNEY, April 1 (Reuters) - The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Aus...
Reuters
12 minutes ago
Russia demands end to US blockade of Cuba
MOSCOW, April 1 (Reuters) - Russia stands in solidarity with Cuba and demands that the United States lift its "blockade on an independent sovereign state, Foreign Ministry spokeswoman Maria Zakharova said on Wednesday.
Reuters
14 minutes ago
Israel halt order threatens Energean's $1 billion gas expansion timeline
Energean's Israeli operations on standby due to government security decisionsEnergean faces payment delays in Egypt, expects receivables to decreaseEnergean diversifies into West Africa, cautious on M&A amid high pricesApril 1 (Reuters) - Oil and gas producer Energean ENOG.L is spending abou...
Reuters
18 minutes ago
Oil: War risk keeps prices elevated – Rabobank
RaboBank's Global Strategist Michael Every highlights that Gulf War 3 and the closure of the Strait of Hormuz have pushed Oil prices about 60% above pre-war levels, with specific products like diesel and jet fuel particularly affected in Asia.
Fxstreet
18 minutes ago
Brazil's Petrobras raises jet fuel prices by around 55%
RIO DE JANEIRO/SAO PAULO, April 1 (Reuters) - Brazilian state-run oil firm Petrobras PETR3.SA hiked jet fuel prices by about 55% on Wednesday, data on the company's website showed, in a move tracking higher global oil prices linked to the U.S.-Israeli war with Iran.Petrobras, the largest oil pro...
Reuters
32 minutes ago
METALS-Copper touches two-week high on hopes for quick end to Iran war
By Eric Onstad LONDON, April 1 (Reuters) - Copper prices extended gains on Wednesday to hit their highest in two weeks on hopes that the Iran war is close to ending. Benchmark three-month copper on the London Metal Exchange CMCU3 rose 0.2% to $12,365 a metric ton in official open-outcry tradin...
Reuters
45 minutes ago
UniFirst Q2 revenue beats on organic growth in Uniform & Facility Service Solutions
OverviewUS uniform supplier's fiscal Q2 revenue grew 3.4%, beating analyst expectationsAdjusted EBITDA declined year-over-year due to planned investments and one-time costsCompany previously announced agreement to be acquired by Cintas, closing expected in H2 2026OutlookCompany is no longer prov...
Reuters
an hour ago
PRECIOUS-Gold nears 2-week high as dollar drops on hopes Iran war may end soon
Gold rises 2% to highest since March 19US Dollar at 1-week low, 10-yr Treasury yields near two-week lowTrump says deal with Iran not necessary for conflict to wind downBy Ishaan Arora April 1 (Reuters) - Gold was at a near two-week high on Wednesday after posting its biggest monthly loss in nearl...
Reuters
an hour ago
GRAINS-Chicago grains slip with oil on hopes for end to Iran war
Trump comments raise expectations of war de-escalationCrude oil fall counters support from U.S. planting data, Plains droughtBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, April 1 (Reuters) - Chicago corn, wheat and soybean futures turned lower on Wednesday in step with crude oil as investors...
Reuters
an hour ago
Argentina postpones fuel tax increases to reduce impact of global price pressures
BUENOS AIRES, April 1 (Reuters) - The Argentine government has issued a decree to delay the effects of scheduled increases in taxes on liquid fuels and carbon dioxide. The move aims to support economic growth through sustainable fiscal measures, the decree published on Wednesday said, amid global in...
Reuters
an hour ago
Estonia says stray Ukrainian drones targeting Russia entered its territory this week
VILNIUS, April 1 (Reuters) - Drones detected in Estonia appear to have come from Ukraine and been intended for Russia, the Baltic country's armed forces said.The violations come as Kyiv has intensified attacks on Russia's oil export infrastructure over the past month, including massive strik...
Reuters
an hour ago
Gold Price Forecast: XAU/USD rallies further with the $5,000 level on focus
Gold (XAU/USD) appreciates for the fourth consecutive day on Thursday. The US Dollar (USD) tumbles as hopes of a quick end to the Iran war have improved risk appetite and triggered significant pullbacks in US Treasury yields.
Gold
Fxstreet
an hour ago
Oil: Prices retreat on de-escalation hopes – BNY
BNY’s Head of Markets Macro Strategy Bob Savage highlights a sharp pullback in Brent and WTI as markets price a possible end to the Iran conflict within weeks, even as the Strait of Hormuz remains effectively closed.
WTI
Fxstreet
an hour ago
WTI pares half of early losses, recovers to near $96 as oil supply risks remain intact
West Texas Intermediate (WTI), futures on NYMEX, claws back half of its early losses during the European trading session on Wednesday. Still, the oil price is down 1.5% to near $96.00.
WTI
Fxstreet
an hour ago
Gold extends gains near two-week highs amid optimism over US–Iran war
Gold (XAU/USD) edges higher on Wednesday, building on the previous day's solid gains as optimism grows that the US-Israel war with Iran could end soon. At the time of writing, XAU/USD is trading around $4,748, its highest level in nearly two weeks.
Gold
Fxstreet
2 hours ago
NORDIC POWER-Forward prices slip on wet weather outlook, weaker European markets
April 1 (Reuters) - Nordic forward power prices fell on Wednesday, weighed down by forecasts for wetter, milder weather and weakness across broader European energy markets.Nordic front-quarter baseload power contract NSBLQU26 fell 0.76 euros, or 1.7%, to 45.4 euros per megawatt hour (MWh) at 1103 GM...
Reuters
2 hours ago
OPEC oil output plunges in March as war forces export cuts, Reuters survey finds
OPEC March output plunges 7.5 million bpdEight OPEC+ producers had pledged to keep output steady before Iran war forced export cutsBiggest drop is in IraqBy Alex Lawler LONDON, March 31 (Reuters) - OPEC oil output plunged in March to its lowest level since the height of the COVID-19 pandemic in ...
Reuters
2 hours ago
Abu Dhabi Crown Prince reviews ADNOC's business continuity and workforce protection plans
April 1 (Reuters) - Abu Dhabi's Crown Prince has reviewed ADNOC's business continuity plans and measures to protect its workforce and enable efficient production to serve local and global customers, the Abu Dhabi Media Office said on Wednesday.ADNOC's preventive measures include meeting ...
Reuters
2 hours ago
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