News
Important Only
US natgas prices drop 7% on reduced flows to LNG export plants, lower demand forecasts
US gas output on track to drop from record high in MarchUS LNG export feedgas on track to drop from record high in MarchUS gas inventories on track for rare build in MarchBy Scott DiSavinoApril 4 (Reuters) - U.S. natural gas futures dropped about 7% to a five-week low on Friday on a decline in daily...Reuters
Fri, Apr 4
FACTBOX-How Canada is retaliating against US tariffs
By Promit Mukherjee OTTAWA, April 4 (Reuters) - Canadian Prime Minister Mark Carney announced limited countermeasures against U.S. auto tariffs on Thursday, imposing a 25% tariff on vehicles imported from the United States that are not compliant with the U.S.-Mexico-Canada trade deal.Carney, who ...Reuters
Fri, Apr 4
PRECIOUS-Gold retreats as stock market selloff prompts investors to cover losses
China to impose tariffs of 34% on all US goods from April 10U.S. nonfarm payrolls increase by 228,000 in MarchSilver set for its worst week since September 2020Fed chief Powell cites risk of persistent inflationBy Anmol Choubey April 4 (Reuters) - Gold fell more than 3% on Friday, erasing gains f...Reuters
Fri, Apr 4
Cocoa, coffee, sugar prices slide as markets remain rattled by tariffs
NEW YORK, April 4 (Reuters) - World cocoa, coffee and sugar prices slid again on Friday as markets remained rattled by U.S. president Donald Trump's sweeping tariffs , especially after China retaliated with its own levies on U.S. imports. Trump on Wednesday imposed a 10% tar...Reuters
Fri, Apr 4
US oil service firms set for hit from Trump tariffs, tumbling oil prices
By Georgina McCartney HOUSTON, April 4 (Reuters) - U.S. oilfield service firms are bracing for a hit as President Donald Trump's tariffs throw supply chains into disarray and tumbling oil prices set the stage for a drop in drilling activity, analysts and financial firms said on Friday.Fin...Reuters
Fri, Apr 4
Refining stocks plunge to near two-year lows as Trump tariffs spur demand worries
By Nicole Jao NEW YORK, April 4 (Reuters) - Shares of U.S. refiners fell to two-year lows on Friday in the wake of U.S. President Trump's announcement of new tariffs, as fears of slower oil and fuel demand and weakening refining margins rattled investors.Top refiners Marathon Petroleum MPC.N,...Reuters
Fri, Apr 4
US oil rig count rises to highest since June, Baker Hughes says
By Scott DiSavino April 4 (Reuters) - U.S. energy firms this week cut the total number of rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas...Reuters
Fri, Apr 4
US Cash Grains-Corn basis steady-firm; soy basis flat
CHICAGO, April 4 (Reuters) - Spot basis bids for corn were steady to firmer in the U.S. Midwest on Friday, reflecting grain demand from processors and elevators amid a slow pace of corn sales by farmers, dealers said.* The corn basis firmed by 2 cents a bushel at a Union City, Indiana, ethanol plant...Reuters
Fri, Apr 4
Seeking to punish cheaters, Saudi Arabia pushes OPEC+ to open oil taps
Saudi Arabia seeks to punish cheaters - three sourcesOil falls 8% below $65 per barrel, lowest since 2021Move revives memories of oil price wars of 2014, 2020Production hike, oil price drop to appease TrumpBy Ahmad Ghaddar and Alex Lawler LONDON, April 4 (Reuters) - Saudi Arabia's anger at Ka...Reuters
Fri, Apr 4
Amazon shipping route for Brazilian soy disrupted by protests, poor roads
By Ana Mano SAO PAULO, April 4 (Reuters) - Indigenous protests and poor roads have disrupted shipping of Brazil's bumper soybean crop this week via the river port of Miritituba in the Amazon rainforest, where global grains traders including Cargill and Bunge BG.N have important operations.Dem...Reuters
Fri, Apr 4
US oil rig count rises to highest since June, Baker Hughes says
By Scott DiSavino April 4 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for a second week in a row, even as the number of oil rigs rose to the highest since June, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.T...Reuters
Fri, Apr 4
Turbine Finance Raised $13 Mln In Series A Funding, Secured $100 Mln Warehouse Facility From SVB
April 4 (Reuters) - Turbine Finance Corp:TURBINE FINANCE CORP: RAISED $13 MILLION IN SERIES A FUNDING CO-LED BY ALPHA EDISON & TTV CAPITAL, JOINED BY FIN CAPITAL, B CAPITAL, SOZO VENTURESTURBINE FINANCE CORP: SECURED UP TO $100 MILLION WAREHOUSE FACILITY FROM SILICON VALLEY BANKReuters
Fri, Apr 4
EU wheat steadies as export prospects temper tariff jitters
PARIS, April 4 (Reuters) - Euronext wheat futures steadied in late trading on Friday, with a fall in the euro and improved export sentiment helping prices recoup earlier losses linked to jitters over a Chinese riposte to sweeping U.S. tariffs.May wheat BL2K5 on Euronext unofficially closed 0.45% up ...Reuters
Fri, Apr 4
U.S. nuclear power plant outages
April 4 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total...Reuters
Fri, Apr 4
METALS-Recession fears set copper on track for biggest daily fall since COVID-19 outbreak
Traders fear recession would follow tariffs build-up China hits back at Trump tariffs LME copper hits eight-month lowAluminium hits seven-month low, down for 12th sessionBy Polina Devitt LONDON, April 4 (Reuters) - Base metals saw a sharp sell-off on Friday, with copper on track for its biggest...Reuters
Fri, Apr 4
Europe Gasoline/Naphtha-Gasoline margins slip on slower trading
LONDON, April 4 (Reuters) - Northwest European gasoline refining profit margins fell sharply to $12.48 a barrel on Friday on higher regional inventories and as trading liquidity fell. No Eurobob E10 barges traded. A total of 8,000 metric tons of Eurobob E5 traded, with Trafigura and Vitol selling to...Reuters
Fri, Apr 4
GRAINS-'Out of the ball game': US soy futures sink after top-buyer China hikes tariffs
By Tom Polansek CHICAGO, April 4 (Reuters) - U.S. soybean futures sank on Friday to their lowest this year, after top importer China said it would impose additional tariffs of 34% on all American goods in retaliation against duties announced by President Donald Trump.The levies threaten to halt A...Reuters
Fri, Apr 4
Trump administration to hold oil, gas lease sale in Gulf of Mexico
First of only 3 sales through 2029 originally planned by BidenBurgum says he will not leave energy resources locked up Trump administration to release notice of sale in JuneLast sale in 2023 garnered $382 millionBy Timothy Gardner and Nichola Groom WASHINGTON, April 4 (Reuters) - The U.S. will ho...Reuters
Fri, Apr 4
