News
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China urges US to follow international law on reported deep-sea metals stockpile plan
BEIJING, April 14 (Reuters) - No country should bypass international laws to authorise resource exploration in the seabed, China's foreign ministry said on Monday, following a report of U.S. plans to stockpile deep-sea metals to counter China's dominance in the sector.The Trump administratio...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
ExxonMobil drill off Cyprus fails to find gas in commercial amounts-Ministry
NICOSIA, April 14 (Reuters) - An exploration drill by ExxonMobil XOM.N offshore Cyprus has failed to find commercial quantities of natural gas, the island's energy ministry said on Monday. Drilling operations had been completed at the Elektra-1 well in Block 5 of the exclusive economic zone (EEZ...Reuters
Mon, Apr 14
Russia sees stable oil exports and booming gas business by 2050
MOSCOW, April 14 (Reuters) - Russia, the world's second biggest oil exporter and the second largest natural gas producer, sees stable crude production and significant growth in natural gas production and exports over the next quarter century, according to its new energy strategy.Russia's pip...Reuters
Mon, Apr 14
RPT-COLUMN-Patient corn bulls emerge victorious post tariff onslaught: Braun
By Karen Braun NAPERVILLE, Illinois, April 13 (Reuters) - After building immensely bullish bets, speculators in late February rode out Chicago corn’s worst downturn in over a year as the United States prepared to upend global trade.Most of those long positions were dumped during March as economic...Reuters
Mon, Apr 14
GRAINS-US rain forecast, tariff limbo pause dollar-driven rally in grains and soybeans
Markets in risk off mood after tariff dramaForecasts of U.S. rain weaken pricesBy Michael Hogan and Peter Hobson CANBERRA/HAMBURG, April 14 (Reuters) - Chicago wheat, corn and soybeans fell on Monday as the market awaited fresh tariff news after dollar weakness triggered strong gains last wee...Reuters
Mon, Apr 14
Marex Group acquires UK cobalt trader Darton Commodities
Marex recognises 'bargain purchase gain' in financialsMarex recently acquired Edgemere Terminals, sources sayMarex's portfolio includes metal recycling firm Tangent TradingBy Pratima Desai LONDON, April 14 (Reuters) - Marex Group MRX.O has bought UK-based Darton Commodities, a trader ...Reuters
Mon, Apr 14
Marex Group acquires UK cobalt trader Darton Commodities
LONDON, April 14 (Reuters) - Marex Group MRX.O has bought UK-based Darton Commodities, a trader of cobalt metal used to make aerospace and military equipment, the financial services firm told Reuters on Monday, declining to give further details.Two sources familiar with the matter said the transacti...Reuters
Mon, Apr 14
Silver Price Forecast: XAG/USD holds onto gains near $32.30 as US-China trade war intensifies
Siver price (XAG/USD) clings to Friday’s gains near $32.30 during European trading hours on Monday. The white metal exhibits strength as the US Dollar (USD) continues to dive amid the intensifying trade war between the United States (US) and China.
Fxstreet
Mon, Apr 14
Oil: Tariff relief vs Iranian talks – ING
The oil market is quiet in early morning trading today, after settling lower for a second consecutive week last week. News that the Trump administration is offering tariff exemptions on certain electronics products initially supported risk assets.
Fxstreet
Mon, Apr 14
EXCLUSIVE-Kazakhstan's oil output down in early April, still above OPEC+ quota, source says
Output down about 3% from April 1-13 vs March average - sourceProduction still above OPEC+ quota - sourceOPEC+ has pressed Kazakhstan to reduce oil production MOSCOW, April 14 (Reuters) - Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above t...Reuters
Mon, Apr 14
China to keep building coal plants through 2027, state planner says
By Colleen Howe BEIJING, April 14 (Reuters) - China plans to keep building coal-fired power plants through 2027 in regions where they are needed to meet peak power demand or stabilise the grid, according to government guidelines for upgrading the coal power system released on Monday.That policy m...Reuters
Mon, Apr 14
RPT-Canada's South Bow cuts crude trading team, focuses on contracted pipeline volumes, sources say
South Bow laid off 2 crude traders on April 4, sources sayIt seeks to hike contracted volumes on its pipeline systems South Bow sees marketing unit EBITDA down $30 million in 2025 By Georgina McCartney HOUSTON, April 11 (Reuters) - Calgary-based pipeline company South Bow SOBO.TO has cut the size...Reuters
Mon, Apr 14
South Korea, Vietnam agree to boost economic ties amid looming US tariffs
By Hyunjoo Jin SEOUL, April 14 (Reuters) - South Korea and Vietnam agreed on Monday to expand economic cooperation after a ministerial meeting on Monday, at a time when the two countries are racing to mitigate the impact of potential U.S. tariffs. South Korea's industry minister Ahn Duk-geun...Reuters
Mon, Apr 14
BP makes new oil discovery off US Gulf coast
By Sheila Dang April 14 - BP BP.L made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday. The exploration well was drilled in Green Canyon Block 584 about 120 miles off the coast of Louisiana. Both the initial well and a sidetrack encountere...Reuters
Mon, Apr 14
INSIGHT-Back to Russian gas? Trump-wary EU has energy security dilemma
French, German firms open to modest return of Gazprom's gasTrump has made US LNG a politically loaded commodityEU aims to quit Russian gas by 2027, has no detailed plan on howArbitrations against Gazprom complicate supply resumptionBy America Hernandez, Riham Alkousaa and Marwa Rashad PARIS/B...Reuters
Mon, Apr 14
EUROPE GAS-Prices lift on ray of hope amid economic gloom
April 14 (Reuters) - Dutch and British gas prices rose on Monday morning in line with equities markets after some tariff exemptions for Chinese goods supplying tech companies, while milder, windier weather should allow for more gas storage refilling.The benchmark Dutch front-month contract TRNLTTFMc...Reuters
Mon, Apr 14
