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1 week ago | 
marketscreener.com | Sherin Varghese |Anjana Anil
(Reuters) - Gold prices extended losses on Wednesday, weighed by a stronger dollar and easing China-U.S. trade tensions, while traders were left dissatisfied by Federal Reserve Chair Jerome Powell's cautious remarks on the U.S. economy. Spot gold, which was already down more than 1% before the meeting, slipped further after Powell's comments.
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1 week ago | 
ca.marketscreener.com | Sherin Varghese |Ashitha Shivaprasad
(Reuters) - Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo, the world's leading producer of the mineral that supplies the electronics and aerospace industries. Tantalite is trading in a $100-$105 per lb range on the European spot market, its highest levels since April 2023 and a 25% increase since unrest started in January.
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1 week ago | 
uk.marketscreener.com | Sherin Varghese |Ashitha Shivaprasad
(Reuters) - Tantalite prices hit two-year highs in Europe last week, driven by supply disruptions stemming from tensions in Democratic Republic of Congo, the world's leading producer of the mineral that supplies the electronics and aerospace industries. Tantalite is trading in a $100-$105 per lb range on the European spot market, its highest levels since April 2023 and a 25% increase since unrest started in January.
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1 month ago | 
kfgo.com | Sherin Varghese |Noel John
By Sherin Elizabeth Varghese and Noel John(Reuters) – Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on demand, while OPEC+ pushes forward with plans to increase output, a Reuters poll showed. A survey of 49 economists and analysts in March forecasts Brent crude will average $72.94 per barrel in 2025, down from February’s estimate of $74.63.
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1 month ago | 
in.marketscreener.com | Sherin Varghese |Noel John
(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on demand, while OPEC+ pushes forward with plans to increase output, a Reuters poll showed. A survey of 49 economists and analysts in March forecasts Brent crude will average $72.94 per barrel in 2025, down from February's estimate of $74.63. U.S. crude is expected to average $69.16 per barrel, slightly lower than last month's $70.66 outlook.
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1 month ago | 
hartenergy.com | Sherin Varghese |Curtis Williams
Gulf South Pipeline Co. said on March 24 it has stopped delivering natural gas to the Freeport LNG plant in Texas after its pipeline was struck by lightning. The lightning strike caused Gulf South to declare a force majeure on the line effective immediately, it said in a statement, adding it is working to restore service as quickly as possible.
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2 months ago | 
msn.com | Sherin Varghese |Anmol Choubey
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 months ago | 
money.usnews.com | Sherin Varghese |Anmol Choubey
By Sherin Elizabeth Varghese and Anmol Choubey(Reuters) - The relentless rise of gold has taken prices of the precious metal above the psychologically key $3,000 per ounce mark for the first time, as geopolitical and economic uncertainty sent investors rushing into the safe-haven asset. Spot gold hit a record $3,004.86 per ounce on Friday, marking its thirteenth all-time high in 2025. Prices have already climbed 14% this year, after surging 27% in 2024.
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2 months ago | 
bizcommunity.com | Lindsey Schutters |Rahul Paswan |Swati Verma |Sherin Varghese
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Anglo American Platinum said it had halted operations at its Tumela mine after excessive rains caused flooding, though the company maintained its production forecast for the year. The world's top producer of platinum group metals (PGM) used to curb vehicle emissions said in a statement that heavy rains in the northern part of South Africa over the past week had caused widespread flooding.
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Feb 5, 2025 | 
zawya.com | Dmitry Zhdannikov |Sherin Varghese
Saudi Aramco, the world's leading oil exporter, sharply increased crude prices for March shipments to buyers in Asia amid rising demand from China and India as U.S. sanctions disrupt Russian supply. Aramco raised the official selling price for flagship Arab Light crude by $2.40 to $3.90 per barrel above the Oman/Dubai benchmark average, Saudi Aramco said in a statement on Wednesday. The oil exporter steeply increased crude prices for March shipments across all other regions as well.
