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Russian order slashes Kazakh oil export capacity amid OPEC+ row
Two of three export moorings shutMove could cut CPC exports by over 50%, traders sayCPC exports uninterrupted, Kazakhstan, Chevron sayKazakhstan's oil output exceeds its OPEC+ quotaKazakh oil output at record-high in March, sources sayKazakhstan will need to cut output if outage lasts days -sour...Reuters
14 hours ago
RPT-BREAKINGVIEWS-Mini nuclear reactor rush has a short half-life
By Robert Cyran NEW YORK, March 31 (Reuters Breakingviews) - The rush to produce mini nuclear reactors on the cheap might have a short half-life. In search of vast quantities of power for the data centers fueling artificial intelligence, Meta Platforms META.O, Alphabet GOOGL.O and Amazon.com AMZN...Reuters
14 hours ago
U.S. nuclear power plant outages
April 1 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
14 hours ago
PRECIOUS-Gold's record run persists as US tariff worries bolster safe-haven demand
Gold hits record high of $3,148.88Global investors await Trump's tariff announcement on WednesdayGoldman Sachs raises probability of US recession to 35% from 20%By Rahul Paswan and Sarah Qureshi April 1 (Reuters) - Gold prices extended their record run on Tuesday, hitting a record high buoyed...Reuters
14 hours ago
GRAINS-Chicago grains edge up as traders focus on planting and tariffs
PARIS/BEIJING, April 1 (Reuters) - Chicago wheat, corn and soybean futures rose on Tuesday as traders digested U.S. crop data that included a lower than expected projection of wheat planting while awaiting a U.S. tariff announcement that could affect agricultural trade.The most active wheat contract...Reuters
14 hours ago
Boeing denies drop in output after report of 737 setback
April 1 (Reuters) - Boeing BA.N on Tuesday denied fluctuations in the production of its 737 MAX jetliner after an industry publication said it had hit a key target only to fall back due to industrial delays.Boeing's progress in reaching a production ceiling of 38 of the jets a month, imposed by ...Reuters
14 hours ago
NORDIC POWER-Forward prices drop on wetter weather forecasts
April 1 (Reuters) - Nordic forward price dipped on Tuesday, with the front-year contract hitting a two-month low, weighed down by wetter weather forecasts in the hydro-reliant region.* The Nordic front-quarter baseload power contract ENOFBLQc1 eased 0.05 euros or 0.27% to 18.2 euros per megawatt hou...Reuters
15 hours ago
Kazakhstan's oil and condensate production hits record in March, sources say
MOSCOW, April 1 (Reuters) - Kazakhstan's oil and condensate output reached a record high in March, with higher output from the giant Tengiz oilfield and stable exports via the Caspian pipeline, further exceeding OPEC+ production quotas, two industry sources said and Reuters calculations showed o...Reuters
15 hours ago
Kazakhstan says oil shipments via CPC are continuing normally
ALMATY, April 1 (Reuters) - Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium (CPC) are being carried out normally without restrictions, after a Russian order halted operations at two of its three mooring points on the Black Sea.The operator of t...Reuters
15 hours ago
US Henry Hub natural gas prices hit three-year high in March
April 1 (Reuters) - U.S. spot natural gas prices for March rose to a three-year high at the Henry Hub NG-W-HH-SNL benchmark in Louisiana, according to pricing data from financial firm LSEG on Tuesday.Gas prices averaged $4.13 per million British thermal units (mmBtu) in February, their highest level...Reuters
15 hours ago
US natgas prices ease on record output, mild weather forecasts
US gas output hit monthly record in March US LNG export feedgas hit monthly record in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 1 (Reuters) - U.S. natural gas futures eased about 1% on Monday on record output in March and forecasts for milder weather and lower de...Reuters
15 hours ago
Kazakhstan's oil and condensate production hits record in March, sources say
MOSCOW, April 1 (Reuters) - Kazakhstan's oil output reached a record high in March with higher output from the giant Tengiz oil field and stable exports via the Caspian pipeline, further exceeding OPEC+ production quotas, two industry sources said and Reuters calculations showed on Tuesday.The c...Reuters
15 hours ago
RPT-COLUMN-Top takeaways from USDA's planting and stocks reports: Braun
By Karen Braun NAPERVILLE, Illinois, March 31 (Reuters) - Against typical form, the U.S. Department of Agriculture’s March acreage and stocks data on Monday offered none of the bombshells that market participants usually brace for.Corn and soybean estimates were largely well-anticipated, and this...Reuters
15 hours ago
MOVES-Mercuria's ex-Beijing head joining China's Rongsheng, sources say
By Chen Aizhu SINGAPORE, April 1 (Reuters) - The former head of trader Mercuria's Beijing operation is joining China's largest private oil refining and chemical group Rongsheng Holdings in a senior position, according to four sources with direct knowledge of the matter. An internal mem...Reuters
16 hours ago
Shell completes Singapore refinery sale to Chandra Asri-Glencore JV
SINGAPORE, April 1 (Reuters) - Shell SHEL.L has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore joint venture, the company said on Tuesday, and trade sources said the new owners had already started purchasing feedstock.Last year, Shell announced the sale o...Reuters
16 hours ago
Russian order slashes Kazakh oil export capacity amid OPEC+ row
MOSCOW, April 1 (Reuters) - Russia has ordered Kazakhstan's main oil export terminal, which handles crude pumped by U.S. majors Chevron CVX.N and Exxon Mobil XOM.N, to close two of its three moorings amid a standoff between Kazakhstan and OPEC+ over excess production.
Reuters
16 hours ago
China pledges fair ruling in beef tariff investigation
China pledges fair beef import ruling Any trade measures could hit suppliers like Brazil Investigation result expected later this year By Ella Cao and Tom Polansek BEIJING, April 1 (Reuters) - China pledged to deliver a "fair and objective" ruling following a hearing in its ongoing invest...Reuters
16 hours ago
Israel FinMin seeks immediate end to remaining tariffs on U.S. imports
By Steven Scheer JERUSALEM, April 1 (Reuters) - Israeli Finance Minister Bezalel Smotrich said on Tuesday he wants to immediately eliminate remaining tariffs on imports from the United States, a day before the Trump administration hits global trading partners with reciprocal levies.Israel and the...Reuters
17 hours ago