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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
Oil plunges to lowest since pandemic; natural gas, soy slump as China retaliates
By Anna Hirtenstein April 4 (Reuters) - Oil prices plunged on Friday to the lowest level since 2021 and commodities including natural gas and soybeans also dived as China retaliated against U.S. President Donald Trump's aggressive tariffs. Beijing put forward a 34% additional levy on all U.S....Reuters
Fri, Apr 4
Gold price crashed over 2.8% as Powell turn hawkish on tariffs and inflation
Gold prices extend their drop for the second consecutive day, hitting a seven-day low of $3,023 per troy ounce, down more than 2.80% as Federal Reserve Chair Jerome Powell turned hawkish in a conference in Virginia.
Fxstreet
Fri, Apr 4
US battery and carbon capture projects slated for cuts on DOE list
Carbon capture projects in California, Texas, North Dakota face funding cutsPotential cuts affect battery storage projects by NextEra, Westinghouse, and startupsHouse Democrats criticize DOE funding cuts as unjustifiedBy Valerie Volcovici and Nichola Groom WASHINGTON, April 4 (Reuters) - The U.S....Reuters
Fri, Apr 4
Zambia says copper output may rise to almost 1 million tons in 2025
LUSAKA, April 4 (Reuters) - Zambia's copper output is forecast to rise to about 1 million tons this year from about 820,000 metric tons produced last year, finance minister Situmbeko Musokotwane said in a statement.Copper output in Africa's second-largest producer of the metal is being boost...Reuters
Fri, Apr 4
RPT-COLUMN-OPEC+ surprise output hikes highlight fading discipline: Bousso
OPEC+ says output hike due to 'positive market outlook'Kazakhstan's oil output hit record high in MarchOil prices post sharp losses on global trade war concernsBy Ron Bousso LONDON, April 4 - OPEC+'s surprise decision to add more oil to a well-supplied market reeling from the pros...Reuters
Fri, Apr 4
EU wheat slips again in tariff upheaval
PARIS, April 4 (Reuters) - Euronext wheat futures slipped further on Friday as a Chinese riposte to sweeping U.S. tariffs deepened a selloff on financial markets, though export hopes helped limit losses on Euronext.May wheat BL2K5 on Euronext was down 0.2% at 220.50 euros ($242.09) a metric ton by ...Reuters
Fri, Apr 4
US egg imports meant to drive prices down could be hit by tariffs
Trump tariffs could be applied to imported eggs Egg prices could rise after recent decline, analysts sayRollins says there will be short-term uncertainty from tariffsBy Tom Polansek and Leah Douglas April 3 (Reuters) - U.S. President Donald Trump's new tariffs could apply to eggs being import...Reuters
Fri, Apr 4
US battery and carbon capture projects slated for cuts on DOE list
Carbon capture projects in California, Texas, North Dakota face funding cutsPotential cuts affect battery storage projects by NextEra, Westinghouse, and startupsHouse Democrats criticize DOE funding cuts as unjustifiedBy Valerie Volcovici, Nichola Groom WASHINGTON, April 4 (Reuters) - The U.S. De...Reuters
Fri, Apr 4
Fossil fuels generate less than half of US electricity for first month ever, says energy think tank
By Georgina McCartney HOUSTON, April 4 (Reuters) - Fossil fuels accounted for less than 50% of the U.S. power mix for the first month on record in March, according to energy think tank Ember on Friday, driven by a near-quarter rise in wind and solar power generation. WHY IT'S IMPORTANT U....Reuters
Fri, Apr 4
GLOBAL-LNG-Asian spot LNG prices remain at 6-month low as Trump tariffs pull markets down
By Marwa Rashad LONDON, April 4 (Reuters) - Asian spot liquefied natural gas (LNG) prices remained at their lowest level in nearly six months on Friday as U.S. President Trump's "liberation day" tariffs pulled global markets down amid fears of a global recession.The average LNG price ...Reuters
Fri, Apr 4
NORDIC POWER-Forward prices head for weekly fall as trade war escalates
April 4 (Reuters) - Nordic forward prices were on track for weekly declines, despite being little changed on Friday, as tariffs from the U.S. and China sparked fears of a global recession. * The Nordic front-quarter baseload power contract ENOFBLQc1 gained 0.75 euros to 17.25 euros per megawatt hour...Reuters
Fri, Apr 4
FACTBOX-Goldman Sachs cuts oil forecasts for 2025, 2026 on tariff worries, OPEC+ supply
April 4 (Reuters) - Goldman Sachs reduced its Brent and WTI oil forecasts for 2025 and 2026 on the expectation of higher OPEC+ supply and the risk of an escalating trade conflict will trigger a global recession, denting demand, the bank said in note on Thursday.The bank dropped its 2025 average fore...Reuters
Fri, Apr 4
US natural gas prices fall 4% 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 4% on Friday on a decline in daily liquefied natural ...Reuters
Fri, Apr 4
