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Thailand will cut tariffs on US corn, minister says
BANGKOK, April 11 (Reuters) - Thailand will cut tariffs on imports of corn from the United States, the finance minister said on Friday."The cost of American corn is cheap, making the cost of our animal feed lower," Pichai Chunhavajira said.Thailand is among the countries in Southeast Asian h...
Reuters
Fri, Apr 11
UN shipping agency strikes deal on fuel emissions, pollution fees
By Enes Tunagur, Kate Abnett and Jonathan SaulLONDON, April 11 (Reuters) - Countries at the U.N. shipping agency struck a deal on Friday on a global fuel emissions standard for the maritime sector, which will impose an emissions fee on ships that breach it and reward vessels burning cleaner fuels.Th...
Reuters
Fri, Apr 11
GRAINS-Corn extends rally to six-week peak
PARIS/CANBERRA, April 11 (Reuters) - Chicago corn futures rose further on Friday to hit another six-week high as a sliding dollar, easing concerns about tariffs and government supply-and-demand revisions boosted export sentiment.Wheat rebounded from a day-earlier fall, with the falling dollar encour...
Reuters
Fri, Apr 11
Eni Says Kkr Completes Acquisition Of Additional Stake In Enilive Share Capital
April 11 (Reuters) - Eni SpA ENI.MI:KKR COMPLETES THE ACQUISITION OF AN ADDITIONAL STAKE IN THE SHARE CAPITAL OF ENILIVEKKR OWNS AN OVERALL 30% STAKE OF ENILIVE’S SHARE CAPITALTRANSACTION CONFIRMS POST-MONEY VALUATION OF EUR 11.75 BILLION OF EQUITY VALUE FOR 100% OF ENILIVE'S SHARE CAPITALOVERAL...
Reuters
Fri, Apr 11
FACTBOX-Gold price forecasts raised as rally continues
April 11 (Reuters) - UBS and Commerzbank raised their gold price forecasts on Friday, joining other investment banks as investors drive the safe-haven metal to record highs amid the economic uncertainty sparked by U.S. President Donald Trump's trade policies.Trump's tariffs have roiled finan...
Reuters
Fri, Apr 11
US energy secretary says we can stop Iran's oil exports
By Yousef SabaABU DHABI, April 11 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday that the United States could step up pressure on Iran and stop its oil exports as part of a plan to pressure Tehran over its nuclear programme.Wright, speaking to Reuters during a visit to Abu Dhabi, said...
Reuters
Fri, Apr 11
RPT-COLUMN-CBOT corn rally more than justified by US supply cuts: Braun
By Karen Braun NAPERVILLE, Illinois, April 10 (Reuters) - Chicago corn futures have shot nearly 5% higher so far this week despite gratuitous geopolitical uncertainties, especially when it comes to the United States and its foreign grain customers. But based on Thursday’s supply and demand update...
Reuters
Fri, Apr 11
SOFTS-Cocoa, coffee, sugar recover but head for sharp weekly falls amid demand woes
LONDON, April 11 (Reuters) - World cocoa, coffee and sugar prices recovered on Friday but were headed for sharp weekly falls as investors continue to fear a global recession sparked by U.S. President Donald Trump's sweeping trade tariffs. Trump said Wednesday he would pause his planne...
Reuters
Fri, Apr 11
Platinum and Palladium hit by tariff conflict, downward revision of price forecasts – Commerzbank
The tariff conflict triggered by US President Trump and the resulting increase in risk aversion also put pressure on the Platinum and Palladium prices.
Fxstreet
Fri, Apr 11
Gold ETFs post strong inflows in March and the first quarter – Commerzbank
The March data on gold ETFs published by the World Gold Council this week showed a continued high buying interest among ETF investors, Commerzbank's commodity analyst Carsten Fritsch notes.
Gold
Fxstreet
Fri, Apr 11
EIA lowers forecast for global oil demand and US oil production – Commerzbank
Oversupply fears push oil price outlook lower
Fxstreet
Fri, Apr 11
China expands access for Spanish pork as trade tensions with US mount
By Ella Cao, Emma Pinedo and David Latona BEIJING/MADRID, April 11 (Reuters) - China has signed two agricultural trade protocols with Spain covering pork and cherries as the world's second largest economy acts to bolster ties with the European Union amid an escalating trade war between Beijin...
Reuters
Fri, Apr 11
Large discrepancies between surveys on OPEC production in March – Commerzbank
The OPEC production surveys by Reuters and Bloomberg again showed a considerable discrepancy for March, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Apr 11
US energy secretary sees positive outlook for oil demand, supply under Trump
By Yousef SabaABU DHABI, April 11 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday there will be a positive outlook for oil demand and supply in the next few years under President Donald Trump's policies, and the concern of markets about economic growth will be proven wrong.Wright w...
Reuters
Fri, Apr 11
Russia exports less oil at lower prices – Commerzbank
The price of Russian ESPO crude fell below $60 per barrel for the first time at the beginning of the week, while the price of Urals fell towards $50 per barrel, the lowest price level since March 2023, according to Reuters, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Fri, Apr 11
Sixth Street eyes stake in new Italian energy hub, sources say
New company to combine assets from Sorgenia and EF SolareU.S fund looking at 40% stake in new energy ventureAsterion to exit, EF Solare and Sorgenia controlled by F2i MILAN, April 11 (Reuters) - U.S. investment fund Sixth Street is in the final stages of talks to become an investor in a future ve...
Reuters
Fri, Apr 11
European LNG imports to rise 25% in 2025, IEA forecasts
OSLO, April 11 (Reuters) - Europe's imports of liquefied natural gas (LNG) are set to increase by a quarter this year, as the continent needs to offset lower pipeline gas supplies amid a weather-driven rise in demand, the International Energy Agency (IEA) said on Friday."Over the whole of 20...
Reuters
Fri, Apr 11
OPEC output hikes, trade wars have US oil producers wary of 'drill baby drill'
Oil at $55 a barrel, down from $78 before Trump inaugurationUS oil rig count expected to drop if crude stays below $60 Tariffs will hike costs for steel and oil-drilling gearBy Arathy SomasekharHOUSTON, April 11 Reuters) - President Donald Trump moved on his first day in office to increase U.S. oil ...
Reuters
Fri, Apr 11
Estonian navy detains oil tanker, defence ministry spokesperson says
VILNIUS, April 11 (Reuters) - The Estonian navy has detained an oil tanker named Kiwala, a defence ministry spokesperson told Reuters on Friday without providing more detail on the reason for the seizure.
Reuters
Fri, Apr 11
China, EU must oppose tariff 'bullying', Xi tells Spanish PM
Xi says China, EU must work together to defend globalisation Says 'no winners' in trade wars, without mentioning TrumpSpanish PM calls for more balanced China-EU relationshipBy Joe Cash and David Latona BEIJING/MADRID, April 11 (Reuters) - President Xi Jinping told Spain's prime minis...
Reuters
Fri, Apr 11
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