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COMMODITIES-Oil dives most in 3 years; copper, soy slide as Trump tariffs rattle markets
Oil posts steepest drop in 3 years on global economy fearsCopper sinks to one-month low, aluminium down 1.5%Soybean futures dive as China vows tariff retaliationGold touches record, ends down with broader market selloffStock markets plunge, led by tech sector hit by new tariffsBy Naveen Thukral and ...Reuters
Thu, Apr 3
Forecasters predict above-average 2025 Atlantic hurricane season
April 3 (Reuters) - Colorado State University forecasters said on Thursday the upcoming 2025 hurricane season across the Atlantic basin will be above average, with 17 named tropical storms, including nine hurricanes, of which four are predicted to be major.Warm sea surface temperatures will again fu...Reuters
Thu, Apr 3
Strategic Storage Partners gets contract to manage Strategic Petroleum Reserve, DOE says
April 3 (Reuters) - Strategic Storage Partners has been awarded a $1.4 billion contract to manage and operate the Strategic Petroleum Reserve, the world's largest crude oil stockpile, the U.S. Department of Energy said on Thursday. The company will assume its responsibilities over the SPR on Jun...Reuters
Thu, Apr 3
Venture Global says it exported 29 cargos from Plaquemines LNG plant in Q1
April 3 (Reuters) - U.S. LNG developer Venture Global VG.N said on Thursday it exported 29 cargos from its Plaquemines facility during the first quarter.The company said in a regulatory filing that it realized an average fixed liquefaction fee of $7.26 per million British thermal units from the Plaq...Reuters
Thu, Apr 3
Canada unveils limited counter measures against US, calls Trump move a tragedy
OTTAWA, April 3 (Reuters) - Canadian Prime Minister Mark Carney announced a limited set of counter measures against U.S. tariffs on Thursday while calling President Donald Trump's protectionist moves a tragedy for global trade.Carney said the Canadian government will copy the U.S. approach by im...Reuters
Thu, Apr 3
GRAINS-US soybean futures fall on fears of tariff retaliation
By Tom Polansek CHICAGO, April 3 (Reuters) - Chicago Board of Trade soybean futures slid on Thursday amid concerns that new U.S. tariffs could trigger retaliatory measures against American exports, analysts said.President Donald Trump on Wednesday announced a 10% baseline tariff on most imports t...Reuters
Thu, Apr 3
Exxon Mobil signals rise in first-quarter upstream profit
April 3 (Reuters) - U.S. oil and gas major Exxon Mobil XOM.N signaled in a regulatory filing on Thursday that changes in oil prices would boost its first-quarter upstream earnings by up to $400 million.The industry bellwether had posted $6.50 billion in upstream earnings for the fourth quarter. Its ...Reuters
Thu, Apr 3
SOFTS-Coffee and cocoa fall as Trump tariffs spark demand worries
NEW YORK, April 3 (Reuters) - World cocoa and coffee prices fell on Thursday as investors fretted that President Donald Trump's move to slap punishing tariffs on U.S. imports would damage chocolate and coffee demand in the world's top consumer of the products. Sugar prices also fell, c...Reuters
Thu, Apr 3
Trump says market response to tariffs was expected
ABOARD AIR FORCE ONE, April 3 (Reuters) - U.S. President Donald Trump said on Thursday the market slide due to his decision to impose tariffs was expected and the step was needed to heal the economy, which he called a sick patient.Trump also said he was open to tariff negotiations if other countries...Reuters
Thu, Apr 3
After tariffs, US dangles billions of dollars in Congo mineral investment
By Ange Kasongo April 3 (Reuters) - The United States is in talks to invest billions of dollars in mineral-rich Congo and wants to help end a conflict raging in the country's east, President Donald Trump's senior adviser for Africa said during a visit on Thursday. Democratic Republic of C...Reuters
Thu, Apr 3
US Cash Crude-Inland grades firm, coastal grades mixed after Trump tariff news
April 3 (Reuters) - U.S. cash crude prices for inland grades strengthened on Thursday, a day after President Donald Trump announced sweeping new import tariffs, while coastal grades were mixed, dealers said. Meanwhile, at a ministers' meeting on Thursday, OPEC+ countries agreed to advance their ...Reuters
Thu, Apr 3
ICE canola futures on tariffs relief
WINNIPEG, Manitoba - April 3 (Reuters) - ICE canola futures rose Thursday despite soyoil weakness as traders reacted to Canada appearing to dodge tariffs on canola.• The U.S. Trump administration announced tariffs on countries around the world, but did not hit Canada or Mexico with tariffs on produc...Reuters
Thu, Apr 3
CBOT soybeans stumble on fears over tariff retaliation
CHICAGO, April 3 (Reuters) - Chicago Board of Trade soybean futures ended down on Thursday on concerns that new U.S. tariffs could trigger retaliatory measures that hurt American exports, analysts said.President Donald Trump on Wednesday announced a 10% baseline tariff on most imports to the U.S., w...Reuters
Thu, Apr 3
Deals of the day-Mergers and acquisitions
April 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** British healthcare REIT Assura AGRP.L has received a 1.5 billion pound ($1.96 billion) indicative cash-and-stock bid from Primary Health Properties , above an earlie...Reuters
Thu, Apr 3
FACTBOX-How Canada is retaliating against US tariffs
By Promit Mukherjee OTTAWA, April 3 (Reuters) - Canadian Prime Minister Mark Carney announced limited counter measures 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
Thu, Apr 3
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
Thu, Apr 3
CBOT wheat sags on concerns over countermeasures to US tariffs
April 3 (Reuters) - Chicago Board of Trade wheat futures weakened on Thursday on worries that U.S. agricultural exports will suffer if other nations retaliate against President Donald Trump's sweeping new tariffs, analysts said.Traders were watching for potential retaliatory tariffs from China, ...Reuters
Thu, Apr 3
CBOT corn ends nearly flat as traders await tariff response
CHICAGO, April 3 (Reuters) - Chicago Board of Trade corn futures finished nearly unchanged on Thursday as traders waited to see how other nations respond to U.S. President Donald Trump's new tariffs on imports.CBOT May corn CK25 closed down 1/4 cent at $4.57-1/2 a bushel.Trump announced sweeping...Reuters
Thu, Apr 3
Mexico celebrates preferential treatment under USMCA after US tariffs announcement
By Aida Pelaez-Fernandez and Raul Cortes MEXICO CITY, April 3 (Reuters) - Mexican President Claudia Sheinbaum on Thursday celebrated the preferential tariff treatment Mexico receives under the US-Mexico-Canada Agreement (USMCA) after her country was excluded from U.S. President Donald Trump's...Reuters
Thu, Apr 3
Oil dives more than 6%, steepest fall in 3 years on tariffs, OPEC+ supply boost
Brent, WTI down more than 7%Trump to impose 10% minimum tariff on most import goodsImports of oil, gas, refined products exempted from new tariffsOPEC+ to bring more oil to market in May than previously plannedBy Erwin Seba HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle...Reuters
Thu, Apr 3
