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EU's Sefcovic says he discussed steel with US officials, moving in positive direction
WASHINGTON, April 24 (Reuters) - European Trade Commissioner Maros Sefcovic said he and U.S. Commerce Secretary Howard Lutnick agreed to accelerate discussions on steel derivatives at a technical level, and talks had already begun.Sefcovic told reporters that he thought the two sides were moving in ...Reuters
Fri, Apr 24
Canada greenlights Enbridge gas pipeline expansion in test of Carney approval process
Enbridge says approval process was faster but urges further speed to compete globallyExpansion aims to meet rising British Columbia demand, including LNG projectsIndigenous groups may acquire stake in expansion following prior pipeline investmentBy Amanda Stephenson CALGARY, April 24 (Reuters) - ...Reuters
Fri, Apr 24
US imposes sanctions on Chinese teapot refinery for buying Iranian oil
US targets Hengli Petrochemical and 40 firms, vessels for helping Iran sell oilSanctions aim to restrict Iran's oil exports Experts say targeting Chinese banks would have greater effect By Timothy Gardner WASHINGTON, April 24 (Reuters) - The Trump administration said on Friday it imposed sanc...Reuters
Fri, Apr 24
US issues fresh Iran-related sanctions, Treasury says
April 24 (Reuters) - The United States imposed fresh Iran-related sanctions on Friday and issued a general license authorizing the wind down of deals involving Chinese company Hengli Petrochemical (Dalian) Refinery Co, according to a notice on the U.S. Treasury website.Reuters
Fri, Apr 24
SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
Baker sees potential acceleration of investment decisions for North American LNG projectsQ1 Middle East revenue drops for SLB, Baker Hughes, and HalliburtonAnalysts expect post-war repairs to boost sector growth in coming yearsBy Arathy Somasekhar, Vallari Srivastava and Pooja Menon HOUSTON, Apr...Reuters
Fri, Apr 24
PRECIOUS-Gold gains but heads for first weekly loss in five weeks
Gold set to fall more than 2% on the weekIranian Foreign Minister to arrive in Pakistan - sourceOil, dollar, Treasury yields, all set for weekly gainBy Ishaan Arora April 24 (Reuters) - Gold rose on Friday, but was on track for its first weekly loss in the last five weeks, as lingering inflation ...Reuters
Fri, Apr 24
EU wheat eases with Chicago as weather watched
PARIS, April 24 (Reuters) - Euronext wheat edged down on Friday, tracking weakness in Chicago as forecast rain in parched U.S. wheat belts encouraged traders to book profits before the weekend.An easing in crude oil prices, as investors assessed chances for further U.S.-Iran peace talks, also curbed...Reuters
Fri, Apr 24
GRAINS-Wheat eases after rally as rains expected in drought-hit US Plains
Rain forecasts for US Plains may ease drought, with traders watching Kansas and NebraskaCorn slips after gains, soybeans edge higher amid likely U.S. planting delaysTraders monitoring Middle East developments as crude oil prices fluctuateBy Karl Plume CHICAGO, April 24 (Reuters) - U.S. wheat futu...Reuters
Fri, Apr 24
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
By Scott DiSavino NEW YORK, April 24 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose...Reuters
Fri, Apr 24
EU's Sefcovic says US indicated it would not repeat easing of Russian oil sanctions
WASHINGTON, April 24 (Reuters) - European Trade Commissioner Maros Sefcovic on Friday said he raised concerns about U.S. moves to ease sanctions on Russian oil during his talks with U.S. Treasury Secretary Scott Bessent and understood that this would not happen again.Sefcovic told reporters that he ...Reuters
Fri, Apr 24
Europe Gasoline/Naphtha-Gasoline refining margins gain
LONDON, April 24 (Reuters) - Northwest European gasoline refinery profit margins gained $2.69 on Friday in an active trading session and on lower stockpiles.A total of 20,000 metric tons of E5 gasoline barges traded in the Argus window, with BP, Exxon, Equinor and Varo selling to TotalEnergies.An ad...Reuters
Fri, Apr 24
US Cash Grains-Corn and soybean basis bids tick up in some locations
CHICAGO, April 24 (Reuters) - Basis bids for corn and soybeans were mostly steady, but higher in a few locations in the U.S. Midwest on Friday, a spot check showed. Basis bids for corn rose 5 cents at a river terminal in Toledo, Ohio and were steady elsewhere.Basis bids for soybeans rose 5 cents at ...Reuters
Fri, Apr 24
EU's Sefcovic says he discussed steel with US officials, moving in positive direction
WASHINGTON, April 24 (Reuters) - European Trade Commissioner Maros Sefcovic said he discussed steel tariffs with U.S. Commerce Secretary Howard Lutnick during his visit to Washington, and the two sides agreed to accelerate discussions on steel derivatives.Sefcovic told reporters that he thought the ...Reuters
Fri, Apr 24
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
NEW YORK, April 24 (Reuters) - U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.Reuters
Fri, Apr 24
API, farm groups urge Congress to back year-long E15 sales as prices rise
Amendment would let retailers offer E15 higher-ethanol year-roundOil, farm and retailer groups support E15 expansion to lower fuel costsRefining industry groups oppose E15 expansion, citing compliance costs House Rules Committee set to consider amendment next week NEW YORK, April 24 (Reuters) - G...Reuters
Fri, Apr 24
Witkoff and Kushner to travel to Pakistan soon for Iran talks, US official says
WASHINGTON, April 24 (Reuters) - U.S. President Donald Trump's special envoy Steve Witkoff and son-in-law Jared Kushner will travel to Pakistan soon for talks with Iran's foreign minister, a U.S. official told Reuters on Friday. Vice President JD Vance is not currently planning to attend bu...Reuters
Fri, Apr 24
Merz floats sanctions relief for Iran peace deal, other EU leaders cautious
NICOSIA, April 24 (Reuters) - German Chancellor Friedrich Merz suggested on Friday that the European Union could ease sanctions on Tehran as part of a comprehensive deal that would end the Iran war, but other EU leaders struck a more cautious note.The 27-nation EU has imposed sanctions on Iran for y...Reuters
Fri, Apr 24
PRECIOUS-Gold edges higher, still on track for first down week in five
Gold set to fall more than 2% on the weekIranian Foreign Minister to arrive in Pakistan - sourceOil, dollar, Treasury yields, all set for weekly gainBy Ishaan Arora April 24 (Reuters) - Gold rose on Friday, but was on track for its first weekly loss in the last five weeks, as lingering inflation ...Reuters
Fri, Apr 24
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