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Paris wheat consolidates after two-week high
PARIS, April 8 (Reuters) - Euronext wheat consolidated below a two-week high on Tuesday, with prices curbed by a stronger euro but underpinned by easing tariff jitters and short-covering by some participants, traders and analysts said.May wheat BL2K5 on the Paris-based Euronext exchange settled unch...Reuters
Tue, Apr 8
REFILE-Keystone pipeline shut after leak in North Dakota
NEW YORK, April 8 (Reuters) - The Keystone oil pipeline from Canada to the United States was shut on Tuesday after a rupture was reported near Fort Ransom, North Dakota, the state's Department of Environmental Quality said.The pipeline will likely be shut until tomorrow at the earliest, said Bil...Reuters
Tue, Apr 8
Europe Gasoline/Naphtha-Gasoline margins rise
LONDON, April 8 (Reuters) - Northwest European gasoline refining profit margins rose by a little over $1 a barrel on Tuesday, as April exports out of Europe are set for a rise month-on-month.A total of 10,000 metric tons of Eurobob E5 traded, with BP, Gunvor and Vitol selling to Litasco and Musket.J...Reuters
Tue, Apr 8
Us oil, biofuel coalition asks EPA for 5.25 billion gallons in biomass diesel blending mandates -sources
NEW YORK, April 8 (Reuters) - A U.S. and biofuel coalition recommended that the Environmental Protection Agency propose federal mandates for biomass diesel blending for 2026 at 5.25 billion gallons, which would be a significant increase from previous mandates, two sources familiar with the matter sa...Reuters
Tue, Apr 8
US trade representative warns American companies may feel pain from supply chain adjustments
By Bo Erickson and David LawderWASHINGTON, April 8 (Reuters) - United States Trade Representative Jamieson Greer told senators on Tuesday that U.S. companies could feel pain from reworking supply chains after President Donald Trump announced his global tariff program.Greer, who oversees the tariff i...Reuters
Tue, Apr 8
CF Industries forms JV for $4 billion low-carbon ammonia facility
April 8 (Reuters) - CF Industries CF.N said on Tuesday it had formed a joint venture with Japan's largest energy firm, JERA, and investment firm Mitsui to construct low-carbon ammonia facility for about $4 billion.WHY IS IT IMPORTANTFormer President Joe Biden passed the largest climate change le...Reuters
Tue, Apr 8
Libya's Mellitah to drill 8 offshore wells to boost gas production
TRIPOLI, April 8 (Reuters) - Libya's Mellitah Oil and Gas Company said on Tuesday Norwegian contractor Borr Drilling's Vali rig will start drilling eight offshore gas wells for the group soon, with the aim of producing 160 million cubic feet of natural gas per day.Mellitah, a joint venture b...Reuters
Tue, Apr 8
US energy secretary sees tighter sanctions on Iran without deal
Absolutely would expect tighter sanctions on Iran, Wright saysBoosting coal production essential for AI data centers, industrial activity - Wright Europeans won't want to depend on Russia for energy after Ukraine war- Wright WASHINGTON, April 8 (Reuters) - U.S. Energy Secretary Chris Wright...Reuters
Tue, Apr 8
Argentina's Vaca Muerta shale formation still profitable with lower oil prices, YPF CEO says
BUENOS AIRES, April 8 (Reuters) - Argentina's sweeping Vaca Muerta shale formation could still be developed even with lower oil prices, the head of state-run oil producer YPF said in an interview on Tuesday.The so-called break-even price to develop Vaca Muerta would be at $45 per barrel, YPF CEO...Reuters
Tue, Apr 8
Codelco aims for upper end of copper output range, plans return to bond market, CEO says
By Fabian Cambero SANTIAGO, April 8 (Reuters) - The CEO of Chile's Codelco, Ruben Alvarado, said on Tuesday that the state-run copper producer aims to bring output to the upper end of its estimated range this year, expecting to reach 1.39 million metric tons.Alvarado said the world's larg...Reuters
Tue, Apr 8
Technip Energies Wins Contract For Blue Point Number One ATR
April 8 (Reuters) - Technip Energies NV TE.PA:TECHNIP ENERGIES AWARDED MAJOR CONTRACT FOR BLUE POINT NUMBER ONE ATR, THE WORLD'S LARGEST LOW-CARBON AMMONIA PRODUCTION FACILITYAWARD TO BE INCLUDED IN Q2 2025 BACKLOGPROJECT TO DELIVER WORLD'S LARGEST LOW-CARBON AMMONIA PLANTCONTRACT AWARD REPR...Reuters
Tue, Apr 8
EU could aggregate demand for US gas as part of trade talks, Lithuania says
US is already biggest LNG supplier to EUEU buying more US gas set to feature in trade negotiationsEU could also consider changing methane rules for gas importsBy Kate Abnett BRUSSELS, April 8 (Reuters) - The European Union could consider aggregating its member countries' demand to buy U.S. li...Reuters
Tue, Apr 8
Argentina's Vaca Muerta shale formation still profitable with lower oil prices, YPF CEO says
BUENOS AIRES, April 8 (Reuters) - Argentina's sweeping Vaca Muerta shale formation could still be developed even with lower oil prices, the head of state-run oil producer YPF said in an interview on Tuesday.The so-called break-even price to develop Vaca Muerta would be at $45 per barrel, YPF CEO...Reuters
Tue, Apr 8
Ghana set to receive second drought insurance payout worth $1.9 million
By Henry GaleApril 8 - (The Insurer) - The government of Ghana is set to receive a second payout on its drought insurance policy to support vulnerable communities, the Global Shield against Climate Risks said on Tuesday.The $1.9 million claim relates to the effects of drought in Ghana's southern...Reuters
Tue, Apr 8
U.S. RESEARCH ROUNDUP- BlackRock, Morgan Stanley, ServiceNow
April 8 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including BlackRock, Morgan Stanley and ServiceNow on Tuesday. HIGHLIGHTS * BlackRock BLK.N: Jefferies cuts target price to $959 from $1175* CME Group Inc CME.O:...Reuters
Tue, Apr 8
US trade envoy says Australia hit with tariffs due to ban on US beef, pork
WASHINGTON, April 8 (Reuters) - U.S. Trade Representative Jamieson Greer on Tuesday defended the Trump administration's decision to apply a 10% tariff on Australia despite a free trade agreement, citing the country's ban on imports of U.S. beef and pork,"We should be running up the score...Reuters
Tue, Apr 8
US energy secretary sees tighter sanctions on Iran without deal
WASHINGTON, April 8 (Reuters) - U.S. Energy Secretary Chris Wright said on Tuesday that Iran can expect tighter sanctions if it does not come to an agreement with President Donald Trump on its nuclear program."So absolutely, I would expect a very tight, sanctions on Iran, and hopefully drive the...Reuters
Tue, Apr 8
Not all Chinese ship fees will be implemented, USTR Greer says
WASHINGTON, April 8 (Reuters) - U.S. Trade Representative Jamieson Greer told lawmakers on Tuesday that not all of the agency's proposed multimillion-dollar fees for Chinese-built ships to dock at U.S. ports will be implemented and may not be cumulative.Greer told a Senate Finance Committee hear...Reuters
Tue, Apr 8
