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Med crude-Urals diffs steady, Kazakh oil output down in early April
MOSCOW, April 14 (Reuters) - Urals crude oil differentials kept stable, while Kazakhstan's oil output fell in the first two weeks of April by 3% from the March average, Kazakh energy ministry said on Monday.The Central Asian country's crude production, excluding gas condensate, was down in A...Reuters
Mon, Apr 14
U.S. RESEARCH ROUNDUP- Adobe, BlackRock, United Rentals
April 14 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Adobe, BlackRock and United Rentals, on Monday. HIGHLIGHTS * Adobe Inc ADBE.O: RBC cuts target price to $480 from $530* BlackRock BLK.N: JP Morgan cut...Reuters
Mon, Apr 14
US Cash Grains-Some processors increase soy bids as farmers focus on plantings
CHICAGO, April 14 (Reuters) - Spot basis bids for soybeans firmed at several processing facilities and river terminals in the U.S. Midwest on Monday as farmers seek to start plantings, traders said.* Corn bids were largely steady to weaker.* Farmers are focusing on spring plantings, rather than sell...Reuters
Mon, Apr 14
Chevron-chartered vessel to complete oil cargo return in Venezuela, data and source say
HOUSTON, April 14 (Reuters) - A vessel chartered by Chevron CVX.N carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping data and a source, following state company PDVSA's order to return the crude amid payment ...Reuters
Mon, Apr 14
EXCLUSIVE-Kazakhstan's oil output down in early April, ministry says, still above OPEC+ quota
Output down about 3% from April 1-13 vs March average - ministryProduction still above OPEC+ quota - sourceOPEC+ has pressed Kazakhstan to reduce oil productionCPC oil exports up 0.6% in March from February - sources MOSCOW, April 14 (Reuters) - Kazakhstan's oil output fell in the first two w...Reuters
Mon, Apr 14
Trump says China, Vietnam discussing how to hurt the US
WASHINGTON, April 14 (Reuters) - U.S. President Donald Trump said on Monday that China and Vietnam were meeting to figure out how to harm the United States, but that he didn't blame them for such discussions."I don't blame China; I don't blame Vietnam," Trump told reporters in th...Reuters
Mon, Apr 14
Kazakhstan says oil output down 3% in early April from March
MOSCOW, April 14 (Reuters) - Kazakhstan's energy ministry said on Monday that the country's oil production declined in the first 13 days of April by 3% from March's average, confirming an earlier Reuters report.The ministry did not provide specific figures and declined comment on which c...Reuters
Mon, Apr 14
Europe Gasoline/Naphtha-Gasoline margins jump on firm demand
LONDON, April 14 (Reuters) - Northwest European gasoline refining profit rose by nearly $2 a barrel on Monday, supported by firmed buying activity. A total of 7,000 metric tons of Eurobob E5 traded, with BP and Trafigura selling to Litasco, BMV, Mabanaft, and TotalEnergies.Another 12,000 tons of Eur...Reuters
Mon, Apr 14
South Bow proceeds with restart of Keystone Pipeline following North Dakota spill
April 14 (Reuters) - Keystone pipeline operator South Bow is proceeding with a "carefully controlled restart" of the Keystone Pipeline on Monday, after Pipeline and Hazardous Materials Safety Administration (PHMSA) approved its repair and restart plans, the company said.The line was shut fol...Reuters
Mon, Apr 14
EU plan to end Russian oil and gas imports due out in May
EU has pledged to quit Russian fossil fuels by 2027Roadmap for phase-out delayed, initially due last monthEurope must seek out alternative suppliesBy Kate Abnett BRUSSELS, April 14 (Reuters) - The European Commission will announce a more detailed strategy to phase out Russian oil and gas imports ...Reuters
Mon, Apr 14
METALS-Copper gains on tariff exemptions and China stimulus hopes
Copper up about 13.5% from last week's multi-month lowResistance at 100-day moving average seen at $9,279By Polina Devitt LONDON, April 14 (Reuters) - Copper prices rose to their highest in more than a week on Monday, boosted by some exemptions from U.S. tariffs, expectations that top metals ...Reuters
Mon, Apr 14
Chevron-chartered vessel about to complete oil cargo return in Venezuela, data and source say
HOUSTON, April 14 (Reuters) - A vessel chartered by Chevron CVX.N carrying some 500,000 barrels of Venezuelan oil is about to complete the discharge of the cargo at a Venezuelan port, according to shipping data and a source, following state company PDVSA's order to return the crude amid payment ...Reuters
Mon, Apr 14
Trump: Ukraine's Zelenskiy always looking to purchase US missiles
WASHINGTON, April 14 (Reuters) - President Donald Trump on Monday said Ukraine President Volodymyr Zelenskiy is always seeking to buy U.S. missiles and that some good proposals should come out soon on ending the Ukraine war."You'll have some very good proposals very soon," Trump told rep...Reuters
Mon, Apr 14
Power Up: Oil flows disrupted
April 14 - By Liz HamptonU.S. energy markets editor Hello Power Up readers! Oil futures are back up to start the week on some U.S. tariff exclusions, and after Chinese data showed a sharp rebound in crude imports during March. U.S. President Donald Trump on Friday granted exclusion from lev...Reuters
Mon, Apr 14
SOFTS-Robusta coffee rallies amid supply jitters, tariff exemptions
LONDON, April 14 (Reuters) - World robusta coffee prices rallied on Monday after U.S. exclusions on some tariffs allowed investors to turn their attention back to worries over falling supplies of the instant coffee ingredient.Data last week showed robusta exports from Brazil, the world's second ...Reuters
Mon, Apr 14
WTI trades higher above $61.00 on diminishing fears of global trade war
West Texas Intermediate (WTI), futures on NYMEX, rises to near $61.30 during North American trading hours on Monday. The Oil price gains as fears of a global trade war have diminished. Investors expect that the trade war will remain confined between the United States (US) and China.
Fxstreet
Mon, Apr 14
Energy Transfer requests more time to build Lake Charles LNG plant
HOUSTON, April 14 (Reuters) - Energy Transfer ET.N, the pipeline company developing a liquefied natural gas (LNG) export facility in Louisiana, is asking federal regulators to extend the deadline by three years for construction of its plant.Energy Transfer's Lake Charles project is expected to ...Reuters
Mon, Apr 14
Colombia oil producer Ecopetrol ties up wind farm deal
April 14 (Reuters) - Colombian state-run oil firm Ecopetrol has signed an agreement with AES Colombia to build a cluster of wind farms in the northern province of La Guajira, it said on Monday.Ecopetrol did not give a figure for the investment required, which will give it a 49% stake in the project....Reuters
Mon, Apr 14
Goldman Sachs cuts aluminium price forecast on weaker growth outlook
April 14 (Reuters) - Goldman Sachs on Monday reduced its forecast for aluminium prices this year after its economists downgraded global growth forecasts including for the U.S. and China following the Trump administration's move to sharply increase tariffs. "We now expect the alu...Reuters
Mon, Apr 14
