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Caspian pipeline partially restores Kazakh oil loadings in Black Sea
CPC says two of three moorings are engaged in operationsThis eases worries about drop in Kazakh oil output, exportsKazakhstan has been pumping oil above OPEC+ quota MOSCOW, April 9 (Reuters) - The Caspian Pipeline Consortium resumed loading oil at one of two previously shut Black Sea's mo...Reuters
Wed, Apr 9
Germany's future coalition unveils plan to cut electricity costs, boost gas power
BERLIN, April 9 (Reuters) - Germany's future coalition government of the conservative CDU-CSU bloc and the centre-left Social Democrats agreed to reduce the electricity tax and grid fees in a bid to cut electricity prices in Europe's biggest economy by at least 5 cents per kilowatt-hour.The ...Reuters
Wed, Apr 9
US energy secretary to discuss global energy security during UAE visit
DUBAI, April 9 (Reuters) - United States Energy Secretary Chris Wright said his visit to the United Arab Emirates will include discussion on enhancing global energy security, the UAE state news agency reported on Wednesday.Wright will also discuss previously announced investment plans by the Gulf co...Reuters
Wed, Apr 9
CK Hutchison says invested $1.7 billion for port infrastructure in Panama
April 9 (Reuters) - Panama Ports Company, an indirect unit of conglomerate CK Hutchison 0001.HK, said on Wednesday it had invested $1.70 billion in the infrastructure of ports Balboa and Cristobal as part of an agreement signed with the government two decades ago."The clarification came in respo...Reuters
Wed, Apr 9
CBOT Trends-Wheat up 3-4 cents, corn up 2-3, soy down 1-up 2
CHICAGO, April 9 (Reuters) - Following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday.NOTE: The U.S. Department of Agriculture's monthly supply and demand report will be released on Thursday.WHEAT -...Reuters
Wed, Apr 9
EU countries back first countermeasures to U.S. tariffs from April 15
BRUSSELS, April 9 (Reuters) - The European Commission said on Wednesday it had secured backing from EU countries and would press ahead with a first set of countermeasures from April 15 against U.S. President Donald Trump's tariffs on steel and aluminium.The European Union is set to impose extra ...Reuters
Wed, Apr 9
Panama Ports Responds To Recent Statements Regarding Company And Concession
April 9 (Reuters) - CK Hutchison Holdings Ltd 0001.HK:RESPONDS TO THE RECENT STATEMENTS REGARDING COMPANY AND CONCESSIONCLARIFIES THAT PPC FAILED TO PAY $1,200 MILLION BALBOAS TO PANAMANIAN STATE, IS CONTRARY TO REALITYPPC HAS COMPLIED WITH PAYMENTS FOR CONTAINER MOVEMENT THAT PANAMA MARITIME AUTHOR...Reuters
Wed, Apr 9
Ukraine's soybean sales to EU can rise amid tariff war, producers say
KYIV, April 9 (Reuters) - Ukraine may increase its soybean exports to the European Union if the trade conflict between the U.S. and the EU escalates, Ukrainian farm producers union UAC said on Wednesday. Ukraine harvested a record 6.2 million metric tons of soybean in 2024, but sowing areas could d...Reuters
Wed, Apr 9
U.S. nuclear power plant outages
April 9 (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
Wed, Apr 9
TIMELINE-How China reduced its reliance on US farm imports and sharpened its trade war toolkit
By Mei Mei Chu April 9 (Reuters) - Since the U.S.-China trade war in President Donald Trump's first term, Beijing has taken steps to reduce its reliance on American farm goods in a wider effort to bolster its food security.As a result, China can now wield the billions it still spends each yea...Reuters
Wed, Apr 9
Sndl Enters Into Agreement To Acquire Cost Cannabis And T Cannabis Locations From 1Cm
April 9 (Reuters) - SNDL Inc SNDL.O:SNDL ENTERS INTO AGREEMENT TO ACQUIRE COST CANNABIS AND T CANNABIS LOCATIONS FROM 1CMSNDL INC: WILL ACQUIRE 32 CANNABIS RETAIL STORES OPERATING UNDER COST CANNABIS AND T CANNABIS BANNERS IN ONTARIO, ALBERTA AND SASKATCHEWANSNDL INC: PROPOSED DEAL FOR $32.2 MILLIO...Reuters
Wed, Apr 9
FACTBOX-How important is agriculture to the US-China relationship?
By Mei Mei Chu BEIJING, April 9 (Reuters) - China on Wednesday announced it would hike planned tariffs on U.S. imports to 84%, matching President Donald Trump's latest duties on the country as relations between the two superpowers sinks to a new low. This new levy adds to the 10-15% ...Reuters
Wed, Apr 9
PRESS DIGEST-Canada - April 9
April 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** The 25% counter-tariffs Canada said last week it would impose on some U.S.-made vehicles will go into effect on A...Reuters
Wed, Apr 9
Trump tariffs may prompt volatility clauses in downstream energy market: McVeigh
By Rebecca DelaneyApril 9 - (The Insurer) - U.S. tariffs are likely to have an indirect impact on physical damage and business interruption values in the downstream energy insurance market, with short-term solutions in the coming months including potential volatility clauses, Michel Krenzer, global ...Reuters
Wed, Apr 9
China petchem plants face shutdown as tariffs on US LPG loom
By Chen Aizhu, Trixie Yap, Mohi NarayanSINGAPORE/NEW DELHI, April 9 (Reuters) - Chinese petrochemical makers that buy $11 billion worth of U.S. liquefied petroleum gas (LPG) annually are poised to cut output or shut for maintenance in coming weeks as Beijing's retaliatory tariffs on U.S. imports...Reuters
Wed, Apr 9
South Bow Responds To Pipeline Incident At Milepost 171
April 9 (Reuters) - South Bow Corp SOBO.TO:SOUTH BOW RESPONDS TO PIPELINE INCIDENT AT MILEPOST 171SOUTH BOW CORP - SHUTS DOWN KEYSTONE PIPELINE DUE TO OIL RELEASESOUTH BOW CORP: AFFECTED SEGMENT HAS BEEN ISOLATED, AND RELEASE HAS BEEN CONTAINEDSOUTH BOW CORP - ESTIMATED RELEASE VOLUME IS APPROXIMATE...Reuters
Wed, Apr 9
India's wheat procurement begins strong, signalling robust harvest
By Mayank Bhardwaj and Rajendra Jadhav NEW DELHI, April 9 (Reuters) - India has bought 2.08 million metric tons of new-season wheat from domestic farmers since March 15, up 44.4% from last year, government sources said, indicating a robust crop that will help New Delhi shore up its depleted reser...Reuters
Wed, Apr 9
GRAINS-Soybeans in choppy trade after China imposes steeper tariffs on U.S. goods
CANBERRA/PARIS, April 9 (Reuters) - Chicago soybean futures were set to rise for the third consecutive session, brushing off some selling pressure earlier in the day after China raised its tariffs on U.S. goods to 84% from 34%. The most-active soybean contract on the Chicago Board of Trade (CBO...Reuters
Wed, Apr 9
Indonesians rush to gold as rupiah and stocks plunge amid US tariff worries
Indonesia among countries hit by US tariffsGold sales tripled in some storesRupiah hit all time lows, Jakarta stocks have slumpedBy Gayatri Suroyo JAKARTA, April 9 (Reuters) - Hundreds of Indonesians are flocking to buy gold bars, betting that the precious metal's value could shield them from...Reuters
Wed, Apr 9
US pushed for deal to re-open Alphamin tin mine in war-hit Congo, sources say
By Sonia Rolley April 9 (Reuters) - The United States has pushed for a deal that would ensure the reopening of a major tin mine in war-hit eastern Congo, four sources briefed on the negotiations told Reuters. Alphamin Resources AFM.V said in a statement on Wednesday it was initiating a...Reuters
Wed, Apr 9
Tin hits two-month low as major mine in Congo resumes production
By Polina Devitt LONDON, April 9 (Reuters) - Tin prices slumped to two-month lows on Wednesday after major producer Alphamin Resources Corp AFM.V said it was launching a phased resumption of operations at its Bisie mine in Democratic Republic of Congo.A month ago, Alphamin ceased operations at Bi...Reuters
Wed, Apr 9
NORDIC POWER-Forward prices dip on wet weather view, higher hydro balance
April 9 (Reuters) - Nordic forward power prices dipped on Wednesday, weighed by wetter weather forecasts and rising water levels in the hydropower-dependent region.* The Nordic front-quarter baseload power contract ENOFBLQc1 dropped 0.55 euros to 16.95 euros per megawatt hour (MWh) as of 1100 GMT.* ...Reuters
Wed, Apr 9
APA curtails US natgas and NGL production in first quarter on weak prices
April 9 (Reuters) - Oil and gas firm APA APA.O said on Wednesday it curtailed about 8 million cubic feet per day of U.S. natural gas production and 500 barrels per day of U.S. natural gas liquids production in the first quarter in response to weak prices.In January, APA said it reduced production by...Reuters
Wed, Apr 9
COMMODITIES-Oil hits 4-year low, coffee falls as trade war escalates
Commodities hit by escalating US-China trade warMetals, palm oil prices decline amid recession fearsCopper hits eight-month low, iron ore slides 3% in ChinaRobusta and arabica coffee futures hit four-month lowsBy Naveen Thukral and Susanna Twidale SINGAPORE/LONDON April 9 (Reuters) - Oil prices f...Reuters
Wed, Apr 9
Brent falls below key 2024 support – Societe Generale
Brent crude has extended its decline after breaching key support levels from earlier in 2024. While momentum indicators suggest the move is stretched, signs of a significant rebound remain elusive, Societe Generale's FX analysts report.Fxstreet
Wed, Apr 9