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COLUMN-British Steel seizure makes North Sea extension a no-brainer: Bousso
British Steel's likely nationalisation highlights resource security needsGovernments weighing ban on new oil and gas licencesBritain can maintain North Sea production for longerBy Ron Bousso LONDON, April 15 - The UK government's seizure of British Steel from Chinese company Jingye on nat...Reuters
Tue, Apr 15
EUROPE GAS-Prices slightly down on healthy Norwegian and LNG supply
LONDON, April 15 (Reuters) - Dutch and British gas prices were slightly lower on Tuesday morning amid warm temperatures and strong supply from Norway and liquefied natural gas (LNG), while market players continued to monitor any developments on tariffs and talks to end the war in Ukraine.The benchma...Reuters
Tue, Apr 15
Polish companies to earn $14 bln from building first nuclear plant, PM says
WARSAW, April 15 (Reuters) - Polish companies must receive 53 billion zlotys ($14.05 billion)from the value of building Poland's first nuclear plant, Prime Minister Donald Tusk said after calling for "repolonisation" of the Polish economy. Poland is working to reduce its reliance on coal...Reuters
Tue, Apr 15
Russia's oil and fuel export revenue down 21% in March y/y, IEA says
MOSCOW, April 15 (Reuters) - Russia's revenue from sales of crude oil and oil products in March declined by 21% from a year earlier to $14.29 billion as oil prices fell, the International Energy Agency said on Tuesday.It also said Russian oil exports dropped by 390,000 barrels per day (bpd) from...Reuters
Tue, Apr 15
Nat cat losses loom over global renewables insurance market: GCube
By Rebecca DelaneyApril 14 - (The Insurer) - Increasing natural catastrophe risk is threatening the long-term sustainability of the global renewables insurance sector, with extreme weather events more frequently affecting assets located outside the U.S., the latest report by renewables underwriter G...Reuters
Tue, Apr 15
PRECIOUS-Gold gains as markets grapple with US tariff uncertainty
Gold's upward trend remains intact, says analystFed's Bostic says US central bank should stay on hold until there is clarity on tariffsBullion hit record high in the last session By Rahul Paswan and Anushree Mukherjee April 15 (Reuters) - Gold prices rose on Tuesday amid continued uncerta...Reuters
Tue, Apr 15
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $61.28 per barrel, up from Monday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $64.50 price posted on Monday, and trading at $64.75.
Fxstreet
Tue, Apr 15
GRAINS-Wheat slips on forecasts for rain in US cropping regions
CANBERRA, April 15 (Reuters) - Chicago wheat futures edged lower for a second day on Tuesday after weather forecasts predicted better growing conditions in the U.S. wheat belt and prices fell in Europe and Russia. Corn futures rose slightly and soybeans fell but both remained close to Monday's s...Reuters
Tue, Apr 15
INSIGHT-China's murky bankruptcies expose hazards for foreign investors
Investors, lawyers air concern over risks in China's bankruptcy processChina bankruptcies are rising amid economic slowdown, property slumpChuming case raises investor concern over enforcement of bankruptcy lawsChuming, judicial authorities did not respond to questions about its bankruptcyBy Eng...Reuters
Tue, Apr 15
WTI stays above $61.00 due to tariff relief hopes, strong Chinese imports
West Texas Intermediate (WTI) crude Oil price remains stable around $61.10 during Asian trading hours on Tuesday. A potential upside in crude prices is supported by recent comments from US President Donald Trump, who suggested the possibility of new tariff exemptions.Fxstreet
Tue, Apr 15
TECHNICALS-CBOT soybeans to retrace to $10.22
For more technical analyses, please click SINGAPORE, April 15 (Reuters) - The CBOT soybean May contract SK25 is likely to retrace to $10.22 per bushel, following its failure to break resistance at $10.54-1/4.The resistance is identified as the 61.8% projection level of a wave C from $9.69-1/2. This ...Reuters
Tue, Apr 15
VEGOILS-Palm tracks weakness in Chicago soyoils, Dalian vegetable oils
JAKARTA, April 15 (Reuters) - Malaysian palm oil futures fell for a second consecutive session on Tuesday, weighed down by lacklustre performances in Chicago soyoil and Dalian vegetable oils.The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange lost 69 r...Reuters
Tue, Apr 15
White House envoy says Iran deal hinges on verification of uranium enrichment and weapons
April 14 (Reuters) - White House special envoy Steve Witkoff said on Monday that a diplomatic agreement with Iran will depend on working out details around verification of the country's uranium enrichment and weapons programs."This is going to be much about verification on the enrichment pro...Reuters
Tue, Apr 15
Oil prices rise on potential US tariff exemptions on cars, pick-up in China crude imports
BEIJING, April 15 (Reuters) - Oil prices climbed in early trading on Tuesday, boosted by new tariff exemptions floated by President Donald Trump and a rebound in China crude oil imports in anticipation of tighter Iranian supply.Reuters
Tue, Apr 15
South Korea vice minister to travel to Alaska for gas project talks, Yonhap says
SEOUL, April 15 (Reuters) - South Korea's vice industry minister Choe Nam-ho is planning to travel soon to Alaska as part of working-level negotiations between the United States and South Korea over Alaska's liquefied natural gas (LNG) project, Yonhap news agency reported on Tuesday.Reuters
Tue, Apr 15
GRAINS-Wheat slips on forecasts for better cropping weather
CANBERRA, April 15 (Reuters) - Chicago wheat futures edged lower for a second day on Tuesday, under pressure from weather forecasts predicting improved conditions in the U.S. wheat belt, as well as declining prices in Europe and Russia. Corn and soybeans were holding close to seven-week highs reache...Reuters
Tue, Apr 15
COLUMN-China's Q1 key commodity imports were soft, outlook mixed: Russell
By Clyde Russell LAUNCESTON, Australia, April 15 (Reuters) - China's imports of major commodities were weak in the first quarter, but the challenge is working out whether the soft outcomes are mainly the result of temporary factors or signs of deeper economic malaise.The big four commodity im...Reuters
Tue, Apr 15
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, April 15 (Reuters) - Contract Target Support/Resistance Brent oil $65.81/$66.71sup $64.91/$63.79/$63.10Palm oil (3rd month)4,119/4,072 ringgitres 4,176/4,212/4,269 ringgitWTI* $62.85/$63.82sup $60.68/$59.94/$58.74Spot gold$3,240/$3,255sup $3,195/$...Reuters
Tue, Apr 15
US Cash Crude-Grades mixed as key pipeline remained offline
April 14 (Reuters) - Grades were mixed on Monday, dealers said, as a key pipeline that moves crude from Alberta to U.S. refineries in Illinois, Oklahoma and along the U.S. Gulf Coast remained offline. Pipeline operator South Bow SOBO.TO said it is keeping an eye on inclement weather before...Reuters
Tue, Apr 15
GRAINS-US wheat futures sag on rain forecast; corn down, soy ends mixed
CHICAGO, April 14 (Reuters) - U.S. wheat futures fell on Monday, pressured by forecasts for improving weather in dry areas of the Plains production belt and spillover weakness as European wheat futures hit one-year lows, brokers said.Reuters
Tue, Apr 15
LIVESTOCK-CME cattle futures rise on upbeat beef demand, Wall Street
By Julie IngwersenCHICAGO, April 14 (Reuters) - Chicago Mercantile Exchange live cattle futures rose on Monday, extending the rally from the previous session, on strong wholesale beef prices and a higher close on Wall Street that lifted optimism about consumer demand for meat, traders said.CME June ...Reuters
Mon, Apr 14