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Oil: Tariff relief vs Iranian talks – ING
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets.
Fxstreet
Mon, Apr 14
EXCLUSIVE-Kazakhstan's oil output down in early April, still above OPEC+ quota, source says
Output down about 3% from April 1-13 vs March average - sourceProduction still above OPEC+ quota - sourceOPEC+ has pressed Kazakhstan to reduce oil production MOSCOW, April 14 (Reuters) - Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above t...Reuters
Mon, Apr 14
China to keep building coal plants through 2027, state planner says
By Colleen Howe BEIJING, April 14 (Reuters) - China plans to keep building coal-fired power plants through 2027 in regions where they are needed to meet peak power demand or stabilise the grid, according to government guidelines for upgrading the coal power system released on Monday.That policy m...Reuters
Mon, Apr 14
RPT-Canada's South Bow cuts crude trading team, focuses on contracted pipeline volumes, sources say
South Bow laid off 2 crude traders on April 4, sources sayIt seeks to hike contracted volumes on its pipeline systems South Bow sees marketing unit EBITDA down $30 million in 2025 By Georgina McCartney HOUSTON, April 11 (Reuters) - Calgary-based pipeline company South Bow SOBO.TO has cut the size...Reuters
Mon, Apr 14
BP makes new oil discovery off US Gulf coast
By Sheila Dang April 14 - BP BP.L made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday. The exploration well was drilled in Green Canyon Block 584 about 120 miles off the coast of Louisiana. Both the initial well and a sidetrack encountere...Reuters
Mon, Apr 14
South Korea, Vietnam agree to boost economic ties amid looming US tariffs
By Hyunjoo Jin SEOUL, April 14 (Reuters) - South Korea and Vietnam agreed on Monday to expand economic cooperation after a ministerial meeting on Monday, at a time when the two countries are racing to mitigate the impact of potential U.S. tariffs. South Korea's industry minister Ahn Duk-geun...Reuters
Mon, Apr 14
INSIGHT-Back to Russian gas? Trump-wary EU has energy security dilemma
French, German firms open to modest return of Gazprom's gasTrump has made US LNG a politically loaded commodityEU aims to quit Russian gas by 2027, has no detailed plan on howArbitrations against Gazprom complicate supply resumptionBy America Hernandez, Riham Alkousaa and Marwa Rashad PARIS/B...Reuters
Mon, Apr 14
EUROPE GAS-Prices lift on ray of hope amid economic gloom
April 14 (Reuters) - Dutch and British gas prices rose on Monday morning in line with equities markets after some tariff exemptions for Chinese goods supplying tech companies, while milder, windier weather should allow for more gas storage refilling.The benchmark Dutch front-month contract TRNLTTFMc...Reuters
Mon, Apr 14
The "Golden Age" of Gold! Goldman Sachs Eyes $3,700 Gold Price by 2025 as Gold Mining Stocks Double
Following a surge of over 20% year-to-date, major financial institutions, including Goldman Sachs, JPMorgan, UBS, and Deutsche Bank, are forecasting continued gains in international gold prices into 2025, with some gold mining stocks already doubling in value this year.Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $61.05 per barrel, down from Friday’s close at $61.13. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.28 after its previous daily close at $64.45.Fxstreet
Mon, Apr 14
China urges UK to treat Chinese firms fairly after move on British Steel
BEIJING, April 14 (Reuters) - China's foreign ministry on Monday urged the United Kingdom to treat Chinese companies investing and operating in the country fairly, in response to Britain's move to take control of British Steel from its Chinese owner. The two sides should solve the issue thro...Reuters
Mon, Apr 14
METALS-LME copper hits over one-week high on softer dollar, China stimulus hopes
April 14 (Reuters) - Copper prices in London hit a more than one-week high on Monday, as a softer dollar and hopes of further stimulus from top consumer China boosted market sentiment.The benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was up 0.7% at $9,219.5 a metric ton as of...Reuters
Mon, Apr 14
South Korea sees Trump starting tariff talks with Seoul, Japan and India, Yonhap says
SEOUL, April 14 (Reuters) - South Korea's acting President Han Duck-soo said on Monday U.S. President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported.Han also said he expected there to be a video meeting ...Reuters
Mon, Apr 14
Goldman Sachs raises end-2025 gold price forecast to $3,700/oz
April 14 (Reuters) - Goldman Sachs raised its end-2025 gold price forecast to $3,700 per ounce from $3,300, with a projected range of $3,650-$3,950, citing stronger-than-expected demand from central banks and higher exchange-traded fund inflows due to recession risks. "If a recession occurs, ETF...Reuters
Mon, Apr 14
GRAINS-Dollar-driven rally in corn, wheat and soybean pauses
CANBERRA, April 14 (Reuters) - Chicago wheat, corn and soybean futures gave back some ground on Monday after a fast-weakening dollar triggered rapid gains last week by making U.S. farm goods more competitive on the global market.U.S. President Donald Trump's tariff policies have hammered the dol...Reuters
Mon, Apr 14
South Korea sees Trump starting tariff talks with Seoul, Japan, India, Yonhap says
SEOUL, April 14 (Reuters) - South Korea's acting President Han Duck-soo said on Monday U.S. President Donald Trump appeared to have directed talks on tariffs to begin immediately with South Korea, Japan and India, Yonhap News Agency reported.Han also said he expects there to be a video meeting b...Reuters
Mon, Apr 14
TC Energy completes pipeline repairs in Michigan following gas leak
April 14 (Reuters) - TC Energy TRP.TO said late last week it had completed repairs to a section of the ANR Pipeline system shut down near Fennville, Michigan, because of a leak, causing a natural gas outage in the region. "Natural gas service has now been restored to Michigan Gas Utilities, ...Reuters
Mon, Apr 14
Gianluigi Aponte’s Family-Run Business Is Emerging As Lead Investor Of A Group Seeking To Buy 43 Ports From Hong Kong's Li Ka-Shing - Bloomberg News
April 14 (Reuters) - GIANLUIGI APONTE’S FAMILY-RUN BUSINESS IS EMERGING AS LEAD INVESTOR OF A GROUP SEEKING TO BUY 43 PORTS FROM HONG KONG'S LI KA-SHING - BLOOMBERG NEWSSource text: [https://tinyurl.com/yckmcy9m]Reuters
Mon, Apr 14
COLUMN-Gold is an uncertain certainty amid Trump tariff turmoil: Russell
By Clyde Russell LAUNCESTON, Australia, April 14 (Reuters) - As U.S. President Donald Trump ratcheted up his tariff war on the world, gold kept climbing in lockstep to reach a succession of record highs.The precious metal reached a fresh peak of $3,245.28 an ounce on April 11 and has climbed 28% ...Reuters
Mon, Apr 14
Russian moratorium on energy strikes will depend on Putin, Kremlin says
April 14 (Reuters) - The decision whether to extend the U.S-brokered moratorium on strikes on energy facilities by both Russia and Ukraine will depend on President Vladimir Putin and possible talks with the U.S., TASS agency cited Kremlin's spokesman as saying on Monday. "The moratorium was ...Reuters
Mon, Apr 14
China's March copper imports fall as higher US prices attract more shipments
SHANGHAI, April 14 (Reuters) - China's imports of unwrought copper and copper products in March declined 1.4% from a year earlier to 467,000 metric tons, data from the General Administration of Customs showed on Monday.For the first three months in 2025, copper imports were down 5.2% at 1.37 mil...Reuters
Mon, Apr 14