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FACTBOX-How Germany is building up LNG import terminals
April 16 (Reuters) - Germany has looked to liquefied natural gas (LNG) imports to replace piped Russian gas since Moscow's invasion of Ukraine in 2022.Its first move has been to deploy floating storage regasification units (FSRUs) to receive seaborne LNG, while longer term it plans shore-based r...Reuters
Wed, Apr 16
Ukraine and US make 'substantial progress' on minerals deal, Kyiv says
KYIV, April 16 (Reuters) - Ukraine and the United States have made "substantial progress" in their talks on a minerals deal and will sign a memorandum in the near future, first deputy prime minister Yulia Svyrydenko said on Wednesday.Svyrydenko said on Facebook the future agreement would hel...Reuters
Wed, Apr 16
India eyes ending import tax on US ethane and LPG in trade talks, sources say
By Nidhi Verma NEW DELHI, April 16 (Reuters) - India plans to end taxes on U.S. ethane and liquefied petroleum gas (LPG) imports under broader negotiations with Washington as it looks to reduce its trade surplus and ease its tariff burden, three sources familiar with the matter said.The proposal ...Reuters
Wed, Apr 16
South Bow restarts Keystone pipeline after safety administration approval
April 16 (Reuters) - Pipeline operator South Bow SOBO.TO has restarted the Keystone pipeline system after approval from the Pipeline and Hazardous Materials Safety Administration to resume operations, it said on Wednesday.The 4,327 km (2,689 miles) Keystone pipeline, a major conduit for crude oil su...Reuters
Wed, Apr 16
RPT-COLUMN-Reality Check: Will adding fringe US corn acres drag down yield? - Braun
By Karen BraunNAPERVILLE, Illinois, April 15 (Reuters) - U.S. corn farmers this year are set to plant one of their biggest areas in history as the crop’s profitability potential is unusually strong versus alternative crops.Both high-yielding and low-yielding states are set to boost corn acres this y...Reuters
Wed, Apr 16
PRECIOUS-Gold hits record above $3,300 as trade tensions fuel rally
Trump orders probe into potential tariffs on US critical minerals importsGold hits record high of $3,317.90ANZ raises year-end gold price forecast to $3,600By Anmol Choubey April 16 (Reuters) - Gold prices surpassed the $3,300 mark for the first time on Wednesday, as investors sought safe-haven a...Reuters
Wed, Apr 16
Gold strengthens as Trump retaliates against China’s export control on rare minerals
Gold price (XAU/USD) extends bullish momentum and posts a fresh all-time high (ATH) near $3,318 during European trading hours on Wednesday. The precious metal remains an attractive investment amid heightening global trade tensions.
Fxstreet
Wed, Apr 16
Dozens of employees leaving US EIA, putting crucial energy data at risk, sources say
By Arathy Somasekhar and Stephanie Kelly HOUSTON, April 16 (Reuters) - The U.S. government's energy statistics arm is set to lose dozens of employees after the Trump administration's latest round of resignation offers, putting at risk some of the most closely watched energy reports global...Reuters
Wed, Apr 16
VEGOILS-Palm oil closes at its lowest since October as weak rivals weigh
JAKARTA, April 16 (Reuters) - Malaysian palm oil futures extended losses into a third session on Wednesday, dragged down by lacklustre performances in Dalian vegetable oils and expectations of improved output.The benchmark palm oil contract FCPOc3 for July delivery on the Bursa Malaysia Derivatives ...Reuters
Wed, Apr 16
Trump orders tariff probe on all US critical mineral imports
Order marks escalation in global trade conflictUS seen as overly reliant on others for critical mineralsComes after launch of copper tariff probe in FebruaryAdministration cites national security groundsBy Ernest Scheyder and Costas Pitas April 16 (Reuters) - U.S. President Donald Trump on Tuesda...Reuters
Wed, Apr 16
Russia accuses Ukraine of striking its energy infrastructure six times in past day, RIA reports
MOSCOW, April 16 (Reuters) - Russia's Defence Ministry accused Ukraine on Wednesday of carrying out six attacks on Russian energy infrastructure over the past day, the RIA state news agency reported.Reuters could not independently confirm the report. Moscow and Kyiv agreed to pause strikes on ea...Reuters
Wed, Apr 16
INSIGHT-Baby food makers are failing California’s lead standards, Reuters review shows
Six baby food manufacturers had lead levels higher than California's limitBaby food makers are releasing lead test results as result of new California lawMaryland has passed a similar law and Illinois could follow suitBy Jessica DiNapoli, M.B. Pell NEW YORK, April 16 (Reuters) - Some baby foo...Reuters
Wed, Apr 16
Putin and Qatar's emir to discuss Ukraine and other issues, Kremlin says
MOSCOW, April 16 (Reuters) - Russian President Vladimir Putin will discuss Ukraine and other issues when he holds talks with Qatar's Emir Sheikh Tamim bin Hamad Al-Thani in Moscow, the Kremlin said on Wednesday. Kremlin spokesman Dmitry Peskov said Qatar played a very big and important role in ...Reuters
Wed, Apr 16
Middle East Crude-Benchmarks gain for a third session
SINGAPORE, April 16 (Reuters) - Middle East crude benchmark spot premiums of Oman, Dubai and Murban edged up for a third consecutive session, as a sharp drop in oil prices buoyed demand from Asia.A rising supply outlook and bleak demand expectation exacerbated by U.S.-China tariffs war have sent glo...Reuters
Wed, Apr 16
Thailand plans to import more US LNG over next five years, says minister
BANGKOK, April 16 (Reuters) - Thailand plans to import more liquefied natural gas (LNG) from the United States over the next five years, Finance Minister Pichai Chunhavajira said on Wednesday ahead of a meeting with U.S. officials next week to discuss tariffs. There is already an agreement to import...Reuters
Wed, Apr 16
TABLE-UAE's Fujairah oil inventory data for week ended April 14
April 16 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended April 14, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fr...Reuters
Wed, Apr 16
EUROPE GAS-Prices stable on healthy supply, lower demand
LONDON, April 16 (Reuters) - Dutch and British wholesale gas prices were largelt stable on Wednesday morning due to adequate supply and lower demand.The benchmark Dutch front-month contract TRNLTTFMc1 was up by 0.55 euro at 34.80 euros per megawatt hour (MWh) by 0853 GMT, while the June contract TRN...Reuters
Wed, Apr 16
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $60.29 per barrel, down from Tuesday’s close at $61.01. Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $63.66 after its previous daily close at $64.36.Fxstreet
Wed, Apr 16
Japan's NHK Spring To Reconsider Plans To Cut Auto Parts Production In U.S. In Response To Tariffs, Nikkei Reports
April 16 (Reuters) - NHK Spring Co Ltd 5991.T:JAPAN'S NHK SPRING TO RECONSIDER PLANS TO CUT AUTO PARTS PRODUCTION IN U.S. IN RESPONSE TO TARIFFS, NIKKEI REPORTSSource text: https://www.nikkei.com/article/DGXZQOUC161F00W5A410C2000000/Reuters
Wed, Apr 16
METALS-London copper declines as US-China trade tensions rise
April 16 (Reuters) - London copper prices fell on Wednesday on escalating trade tensions between the U.S. and China, which overshadowed upbeat data from the world's top metals consumer.The benchmark three-month copper CMCU3 on the London Metal Exchange (LME) was down 1.2% to $9,059 a metric ton ...Reuters
Wed, Apr 16