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RPT-COLUMN-Oil and gas got off easy on Trump's Liberation Day: Bousso
Oil, gas exempt from Trump's import tariffsUS remains dominant in global energy marketsCountries may increase US energy purchases to offset tariffsBy Ron Bousso LONDON, April 3 - President Donald Trump's reveal of sweeping import tariffs further darkened the outlook for the global economy...Reuters
Thu, Apr 3
US committed to funding Angola's Lobito rail corridor despite spending cuts, diplomat says
U.S pledged $550 mln loan for Lobito corridorRailway key to copper, cobalt exports to the WestProject strategic to countering Chinese influence in the regionBy Miguel GomesLUANDA, April 3 (Reuters) - The United States remains committed to funding the Lobito rail corridor, a project to help transport...Reuters
Thu, Apr 3
Middle East Crude-Benchmarks extend gains to one-month high over supply fears
SINGAPORE, April 3 (Reuters) - Middle East crude benchmark spot premiums of Oman, Dubai and Murban rose for a second session on Thursday, hitting a more than one-month high as Russia tightened restrictions on Black Sea oil export ports.Russia, the world's second-largest oil exporter, on Wednesda...Reuters
Thu, Apr 3
VEGOILS-Palm falls as Trump tariffs trigger profit booking
KUALA LUMPUR, April 3 (Reuters) - Malaysian palm oil futures slipped on Thursday, snapping a four-session rally, as profit-taking weighed down the market following U.S President Donald Trump's reciprocal tariffs on trade partners.The benchmark palm oil contract FCPOc3 for June delivery on the Bu...Reuters
Thu, Apr 3
Myanmar's tin-rich Wa State delays mining resumption meeting after earthquake
SHANGHAI, April 3 (Reuters) - Myanmar's tin-rich Wa State has postponed a meeting to discuss the resumption of mining in the region, a regional spokesman confirmed on Thursday.The meeting, originally called for Tuesday, was postponed and no alternative date was set, according to a notice dated M...Reuters
Thu, Apr 3
Spain's Acerinox says tariffs positive in principle, but wary of surplus flooding EU
MADRID, April 3 (Reuters) - Spanish steel maker Acerinox ACX.MC said on Thursday that the U.S. tariffs would have "in principle" positive effects on the company as the country is its main market and where its main steel mills are located.The positive impact would offset the broad effects th...Reuters
Thu, Apr 3
Russia says using military force against Iran would be illegal and unacceptable
MOSCOW, April 3 (Reuters) - Russia believes any use of military force against Iran would be "illegal and unacceptable", Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday, commenting on U.S. President Donald Trump's threats to bomb the country unless it reached an agre...Reuters
Thu, Apr 3
ASIA COFFEE-Supplies remain scarce in Vietnam amid uncertainty around US tariff impact
By Phuong Nguyen HANOI, April 3 (Reuters) - Supply of robusta beans remained scarce in Vietnam amid escalating tariff uncertainties globally and tightening supplies from farmers, while activities were muted in Indonesia for Eid al-Fitr, traders said on Thursday.Farmers in the Central Highlands, V...Reuters
Thu, Apr 3
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data. Silver trades at $32.75 per troy ounce, down 3.52% from the $33.94 it cost on Wednesday.Silver prices have increased by 13.35% since the beginning of the year.
Fxstreet
Thu, Apr 3
Japan's Mitsubishi may consider investing in Alaska LNG project, CEO says
Careful study is needed before deciding on Alaska project Under new 3-year strategy, plans to invest $27 bln to drive growthTargets net profit of 1.2 trillion yen in FY2027/28By Yuka Obayashi TOKYO, April 3 (Reuters) - Japanese trading house Mitsubishi Corp 8058.T may consider investing in an LNG...Reuters
Thu, Apr 3
US South, Midwest face 'generational' flood threat after severe storms, two dead
By Brad Brooks April 3 (Reuters) - The National Weather Service warned on Thursday of "generational" floods in the U.S. South and Midwest as storms ripped across a swath of the country from Texas to Michigan, whipping up tornadoes and killing two people. At least 19 tornadoes str...Reuters
Thu, Apr 3
Russia says it is ready to help the U.S. and Iran reach accord before it is too late
MOSCOW, April 3 (Reuters) - Russian Deputy Foreign Minister Sergei Ryabkov said on Thursday that Russia is ready to offer its help for the U.S. and Iran to reach a reasonable agreement before it is too late.Reuters
Thu, Apr 3
REFILE-COMMODITIES-Oil, copper slide as Trump tariffs rattle markets; gold hits record high
Oil drops around $2, copper down 1.5% on fears of slowing growthSafe-haven gold climbs to record as Trump announces tariffsStock markets plunge, tech sector hit by new tariffsRetaliatory tariffs by China could impact U.S. farm exportsBy Naveen Thukral SINGAPORE, April 3 (Reuters) - Commodities in...Reuters
Thu, Apr 3
EUROPE POWER-Forward curve contracts fall with fuels and carbon
PARIS, April 3 (Reuters) - European forward curve contracts dropped on Thursday following lower gas, carbon and oil prices after the announcement of sweeping new tariffs by U.S. President Donald Trump that could spark concerns in the manufacturing sector.The European carbon market is bearish with ta...Reuters
Thu, Apr 3
Trump's Reciprocal Tariffs and Commodities Trading: Gold Rises, Copper Falls – Is Risk Aversion King?
TradingKey - Following U.S. President Donald Trump’s announcement of a comprehensive baseline tariff and reciprocal tariffs, international gold prices surged to new all-time highs, while concerns over sluggish global economic growth weighed on copper prices, which had risen sharply before the...
TradingKey
Thu, Apr 3
Singapore fuel oil stockpiles dip but hold above 21 million barrels
SINGAPORE, April 3 (Reuters) - Singapore's onshore fuel oil stockpiles dropped slightly this week but remained above 21 million barrels, a level higher than typical averages, data showed on Thursday. Residue inventories STKRS-SIN were at 21.17 million barrels (about 3.33 million metric tons) in ...Reuters
Thu, Apr 3
Israeli foreign minister says not ruling out diplomacy to stop Iran nuclear weapon
PARIS, April 3 (Reuters) - Israel is not ruling out a diplomatic path to prevent Iran obtaining a nuclear weapon, Israeli Foreign Minister Gideon Saar said on Thursday, adding that there were signs that there could be indirect talks between Tehran and the United States."We don't hold discuss...Reuters
Thu, Apr 3
Australian beef farmers say Trump tariffs to boost price of US hamburgers
Australian beef industry to pass on price increases to US consumerAustralia receives identical 10% tariff to export rivals Brazil and Argentina Government to help access new markersDonald Trump renowned as consumer of McDonald's By Alasdair Pal and Jill Gralow MOSS VALE, Australia, April 3 (R...Reuters
Thu, Apr 3
EUROPE GAS-Prices fall as warm weather continues to curb demand
LONDON, April 3 (Reuters) - Dutch and British gas prices continued their downtrend and fell further on Thursday morning as warmer weather continues to curb demand, while the market is monitoring the impact of Trump's "Liberation Day" tariff plan. The Dutch front-month contract TRNLTT...Reuters
Thu, Apr 3
