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Trump to send Witkoff and Kushner to Pakistan for Iran talks, CNN reports
April 24 (Reuters) - U.S. President Donald Trump is sending special envoy Steve Witkoff and Jared Kushner to Pakistan for talks with the Iran's foreign minister, CNN reported on Friday, citing two administration officials familiar with the matter.Reuters
Fri, Apr 24
Nigerian key crude oil loadings rise in June, programmes show
LONDON, April 24 (Reuters) - Exports of four key Nigerian crude oil grades are scheduled at 827,000 barrels per day in June, preliminary loading programmes seen by Reuters show.At that level, loadings will be around 2.5% higher than the 807,000 bpd scheduled to load in May.The four grades are Qua Ib...Reuters
Fri, Apr 24
Nigerian key crude oil loadings rise in June, programmes show
LONDON, April 24 (Reuters) - Exports of four key Nigerian crude oil grades are scheduled at 827,000 barrels per day in June, preliminary loading programmes seen by Reuters show.At that level, loadings will be around 2.5% higher than the 807,000 bpd scheduled to load in May.Reuters
Fri, Apr 24
Ghana mineworkers warn local outsourcing rule will cut wages, jobs
Mineworkers' union says local outsourcing will weaken wages, benefits and job securityLocal contractor staff report earning about half the basic pay of direct mine operator employeesRegulator plans stricter oversight, supports unions' push for worker welfareBy Maxwell Akalaare Adombila DA...Reuters
Fri, Apr 24
Europe's aviation safety body developing guidance to introduce more US-grade Jet-A fuel
LONDON, April 24 (Reuters) - Europe's aviation safety agency EASA is developing guidance to help European Union member states introduce Jet‑A fuel into operations that currently rely on Jet A‑1, a spokesperson said on Friday.The move comes as Europe looks to import more jet fuel from the U.S. am...Reuters
Fri, Apr 24
Spanish watchdog opens further probes into energy firms over blackout
April 24 (Reuters) - Spain's antitrust and energy watchdog CNMC has added more power companies, including local units of France's TotalEnergies TTEF.PA and Engie ENGIE.PA, to the list of firms being investigated over last year's unprecedented blackout in Spain and Portugal, it said on Fr...Reuters
Fri, Apr 24
US, EU sign memorandum of understanding on critical minerals
WASHINGTON, April 24 (Reuters) - U.S. Secretary of State Marco Rubio and European Union Trade Commissioner Maros Sefcovic signed a memorandum of understanding for a partnership on producing and securing critical minerals.The U.S. has been scrambling to get access to critical mineral reserves, espec...Reuters
Fri, Apr 24
US, EU announce action plan to coordinate trade policies on critical minerals
By Andrea ShalalWASHINGTON, April 24 (Reuters) - The United States and European Union on Friday released an action plan to coordinate trade policies and measures on critical minerals supply chains, with a view to concluding a binding plurilateral agreement at a future date.The plan does not specific...Reuters
Fri, Apr 24
Too early to talk about sanctions relief for Iran, EU leaders say
NICOSIA, April 24 (Reuters) - It is too early to talk about relieving any kind of sanctions on Iran, EU Council President Antonio Costa told a joint press conference on Friday after a meeting of EU leaders in Cyprus.EU Commission President Ursula von der Leyen made similar comments.German Chancellor...Reuters
Fri, Apr 24
Norfolk Southern warns fuel costs will pressure coming quarters
By Apratim Sarkar April 24 (Reuters) - Norfolk Southern NSC.N said on Friday that surging fuel prices will continue to pressure earnings in the coming quarters after higher fuel costs weighed on margins and pushed first-quarter profit lower. Fuel prices have climbed sharply in the wake of t...Reuters
Fri, Apr 24
EXCLUSIVE-Advent-owned firm investigated in Brazil for alleged links to organized crime
Advent's Caldic under Brazilian criminal and regulatory investigation over methanol salesBrazil's largest crime syndicate, First Capital Command acquired Caldic-supplied methanol: source Company says cooperating, internal audit found no evidence of management involvementFuel regulator restri...Reuters
Fri, Apr 24
European states accuse Russia of trying to erase memory of Stalin's crimes after monument disappears
Tomsk memorial to Stalin's victims dismantledEmbassies of Poland, Estonia, Lithuania and Latvia protestRussia accuses four of destroying Soviet army monuments Lawmaker says West uses Russia's history as a weapon By Andrew Osborn MOSCOW, April 23 (Reuters) - Four European states have accus...Reuters
Fri, Apr 24
US natgas drops to 17-month low as storage rises on mild weather and weak demand
Mild weather and low demand to boost gas storage levels to 8% above normal, analysts sayLow spot prices prompt producers like EQT to cut outputSome Texas and California power and gas prices turn negative as renewables meet demandBy Scott DiSavino NEW YORK, April 24 (Reuters) - U.S. natural gas fu...Reuters
Fri, Apr 24
Silver Price Forecast: XAG/USD struggles below medium-term SMAs, bearish tone intact
Silver (XAG/USD) trades flat on Friday, lacking clear direction as upside remains capped by Oil-driven inflation linked to ongoing US-Iran tensions, which have raised expectations of a prolonged higher interest rate environment.
Fxstreet
Fri, Apr 24
CBOT Trends-Wheat mixed, corn up 1-2 cents per bushel, soybeans mixed
CHICAGO, April 24 (Reuters) - The 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 Friday: WHEAT - Down 1 to up 1 cent per bushelWheat's rally paused as traders assessed chances for rain in parche...Reuters
Fri, Apr 24
PRECIOUS-Gold set for weekly loss as inflation concerns linger on US-Iran uncertainty
Gold hits lowest since April 13, set to fall more than 2% on the weekIran Foreign Minister to arrive in Pakistan for talks - sourceOil, dollar, Treasury yields, all set for weekly gainBy Ishaan Arora April 24 (Reuters) - Gold prices edged higher on Friday but were on course for their first weekly...Reuters
Fri, Apr 24
GLOBAL LNG-Asia spot LNG prices edge higher as Hormuz remains blocked, eyes on US-Iran talks
Asian LNG prices rise on US-Iran tensions, Hormuz blockadeChina's limited storage and heatwave may boost LNG demand, analysts sayEuropean gas prices up; Golden Pass LNG adds supply but disruptions persistBy Marwa Rashad LONDON, April 24 (Reuters) - Asia spot liquefied natural gas (LNG) prices...Reuters
Fri, Apr 24
Pentagon chief Hegseth says US blockade on Iran 'going global'
WASHINGTON, April 24 (Reuters) - U.S. Defense Secretary Pete Hegseth said on Friday that a U.S. blockade on Iran is going global, adding Tehran had a chance to make a "good deal" with Washington."Our blockade is growing and going global," Hegseth told reporters."No one sails from...Reuters
Fri, Apr 24
Oil: Blockade keeps upside inflation risks elevated – MUFG
MUFG’s Derek Halpenny links the prolonged Strait of Hormuz closure to rising Oil and input costs, with agricultural and fuel prices already surging. Halpenny assumes crude Oil averages USD 115 in Q2, lifting US inflation toward 3.8% later this year.Fxstreet
Fri, Apr 24
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