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RPT-ROI-Welcome to the age of energy shocks: Bousso
By Ron Bousso LONDON, April 23 (Reuters) - The past decade has brought a rapid succession of global energy crises, driven by military conflict, extreme weather and supply-chain snarls. As today’s highly interconnected oil and gas markets become more fragmented and the low-carbon transition ac...Reuters
Thu, Apr 23
US drivers turn to EV rentals as gasoline prices surge
Hertz and Turo report significant increases in EV rental demand amid rising gas pricesIran war disrupts oil supply, pushing U.S. fuel prices higherUsed EV sales and rental bookings rise, but U.S. EV sales remain weak due to tax-credit lossBy Aishwarya Jain and Nathan Gomes April 23 (Reuters) - Ea...Reuters
Thu, Apr 23
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 Comment acquired Caldic-supplied methanol: source Company says cooperating, internal audit found no evidence of management involvementFuel regulator restri...Reuters
Thu, Apr 23
Iran continues crude exports despite US blockade, Vortexa says
LONDON, April 23 (Reuters) - About 10.7 million barrels of Iranian crude exports crossed through the Strait of Hormuz and exited the area blockaded by the U.S. Navy between April 13 and 21, data analytics firm Vortexa said.The shipments transited on six crude carriers that had their AIS data switche...Reuters
Thu, Apr 23
EUROPE POWER-European power prices climb, tracking higher gas prices
April 23 - European year-ahead benchmark contracts rose on Thursday, tracking higher gas prices amid the Strait of Hormuz remaining closed.Iran seized two ships in the strait as it tightened its grip on the strategic waterway after U.S. President Donald Trump announced he was indefinitely calling of...Reuters
Thu, Apr 23
ANALYSIS-Record demand can't save US airlines from Iran war fuel shock
Fuel costs jump faster than fares, squeezing airline marginsCarriers cut marginal flights despite strong demandPricing lag limits how much of fuel surge airlines can recoverBy Rajesh Kumar Singh CHICAGO, April 23 (Reuters) - U.S. airlines are seeing their best passenger numbers ever, cramming mor...Reuters
Thu, Apr 23
China bans Chile poultry imports due to bird flu
BEIJING, April 23 (Reuters) - China has banned poultry imports from Chile due to a recent bird flu outbreak in the South American country, the Chinese customs authority said in a statement.The prohibition, effective immediately, covers all poultry and related products originating from Chile, the gov...Reuters
Thu, Apr 23
EUROPE GAS-European gas prices rise on geopolitical uncertainty, cooler weather outlook
Geopolitical tensions in Strait of Hormuz drive price gainsColder weather outlook and lower EU gas storage add to market concernsSupply risks heightened by LNG delays and Qatar capacity loss LONDON, April 23 (Reuters) - European wholesale gas prices rose on Thursday morning on lower forecast temp...Reuters
Thu, Apr 23
EXPLAINER-Hormuz crisis throws spotlight on world's largest 'chokepoint' - the Malacca Strait
BANGKOK, April 23 (Reuters) - The closure of the Strait of Hormuz has forced policymakers in Asia to face questions over the security of other maritime chokepoints, including the Strait of Malacca, which is the world's busiest waterway for international trade. WHAT IS THE MALACCA STRAIT?The ...Reuters
Thu, Apr 23
Singapore fuel oil inventories decline, exports to China surge
SINGAPORE, April 23 (Reuters) - Onshore fuel oil inventories in Singapore fell after rebounding the previous week, drifting down to a two-week low despite stronger imports, as exports to surged to China, data showed on Thursday.Residual fuel stockpiles declined by 1.16 million barrels to 22.5 millio...Reuters
Thu, Apr 23
PRECIOUS-Gold falls on oil-driven inflation fears; US-Iran developments in focus
Iran seizes two ships in the Strait of Hormuz Brent crude oil remains above $100 a barrelU.S. Navy continues blockade of Iran's portsBy Noel John April 23 (Reuters) - Gold fell on Thursday as elevated oil prices fuelled fears of inflation and prolonged high interest rates, while investors loo...Reuters
Thu, Apr 23
US Senate votes to advance $70 billion funding plan for ICE, Border Patrol
Republicans push $70 billion ICE, Border Patrol funding via budget reconciliation, bypassing DemocratsDemocrats demanded operational guardrails after fatal shootings by immigration agents but negotiations stalledDemocrats focus vote-a-rama on affordability issues House approval needed before funding...Reuters
Thu, Apr 23
Japan's ethylene plant run rate hits record low of 68.6% in March
By Yuka Obayashi TOKYO, April 23 (Reuters) - The Japan Petrochemical Industry Association (JPCA) said on Thursday that the utilisation rate of ethylene plants fell to a record low of 68.6% in March, as producers cut output in anticipation of feedstock procurement difficulties and due to planned m...Reuters
Thu, Apr 23
CORRECTED-Iran's Araqchi tells South Korea envoy "aggressors" responsible for consequences of war, Tehran says
SEOUL, April 23 (Reuters) - Iranian Foreign Minister Abbas Araqchi told a South Korean special envoy that responsibility for the consequences of the war lay with "aggressors," referring to the United States and Israel, Iran's Foreign Ministry said on Thursday.The envoy, Chung Byung-ha, h...Reuters
Thu, Apr 23
US fund and Indonesian oil group to make offer for Sicilian refinery ISAB, newspaper reports
ROME, April 23 (Reuters) - A large U.S. fund specialised in energy and infrastructure is set to make an offer for the ISAB refinery in Sicily, with the backing of an Indonesian oil group, Italian financial newspaper MF reported on Thursday, without naming the fund.Cypriot private equity fund G.O.I. ...Reuters
Thu, Apr 23
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