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US EPA's upcoming proposal on biofuel blending mandates to cover two years, sources say
NEW YORK, April 1 (Reuters) - The U.S. Environmental Protection Agency plans to release a proposal on biofuel blending mandates that covers two years worth of mandates, instead of a proposal that covers three years, two sources familiar with the matter told Reuters on Tuesday.Under U.S. law, oil ref...Reuters
Tue, Apr 1
PRECIOUS-Gold pauses for breath after record run on safe-haven demand
Gold hits record high of $3,148.88Investors brace for Trump's tariff plans on WednesdayU.S. job openings fall to 7.568 million in FebruaryBy Anmol Choubey April 1 (Reuters) - Gold prices eased on Tuesday on profit-taking but remained near record highs as investors turned to the safe-haven...Reuters
Tue, Apr 1
Egypt's Sisi, Trump discuss regional mediation efforts in phone call
CAIRO, April 1 (Reuters) - Egyptian President Abdel Fattah al-Sisi and U.S. President Donald Trump discussed mediation efforts to restore regional calm which would have a positive impact on Red Sea navigation and end economic losses for all parties, the Egyptian presidency said on Tuesday.The Iran-a...Reuters
Tue, Apr 1
National Grid Reports Massachusetts Offshore Wind Power Agreement Delay
April 1 (Reuters) - National Grid PLC NG.L:REPORTS DELAY IN SIGNING MASSACHUSETTS OFFSHORE WIND POWER AGREEMENT FROM MAR 31 TO JUNE 30INFORMS MASSACHUSETTS DEPARTMENT OF PUBLIC UTILITIES OF DELAYSAYS COUNTERPARTIES HAVE NOT YET COMPLETED CONTRACT NEGOTIATIONSSAYS TARGET COMPLETION OF NEGOTIATIONS, F...Reuters
Tue, Apr 1
US Plains HRW Wheat-Basis bids hold mostly flat as futures climb
CHICAGO, April 1 (Reuters) - Spot basis bids for hard red winter wheat were mostly steady around the southern U.S. Plains on Tuesday, underpinned by slow farmer sales, dealers said.* K.C. HRW wheat futures on the Chicago Board of Trade rose for a second straight session following a lower-than-expect...Reuters
Tue, Apr 1
Europe Gasoline/Naphtha-Gasoline margins rebound
LONDON, April 1 (Reuters) - Northwest European gasoline refining profit margins rebounded on Tuesday to their highest since August 2024 at about $13.37 a barrel.A total of 6,000 metric tons of Eurobob E10 traded on Tuesday, with Shell and Gunvor selling to Varo, Litasco and BP. Another 2,000 tons of...Reuters
Tue, Apr 1
EXCLUSIVE-Trump health layoffs include staff overseeing bird flu response, source says
By Leah Douglas April 1 (Reuters) - The Trump administration has fired staff who were working on the Food and Drug Administration's bird flu response as part of its mass layoffs at the Department of Health and Human Services, according to a source familiar with the situation.The Tuesday firin...Reuters
Tue, Apr 1
China says beef imports investigation will be fair
Trade measures could hit suppliers including Brazil Investigation result expected later this yearCoincides with falling China demand and domestic oversupply By Ella Cao, Tom Polansek and Ana Mano BEIJING, April 1 (Reuters) - China said it would deliver a "fair and objective" ruling follow...Reuters
Tue, Apr 1
Israel eliminates remaining tariffs on US goods ahead of Trump move
Decision aims to strengthen economic ties with US and lower living costs in IsraelComes on eve of Trump's expected imposition of reciprocal tariffs on global trading partnersIsraeli agriculture ministry may compensate local farmers affected by tariff removalBy Steven Scheer JERUSALEM, April 1...Reuters
Tue, Apr 1
EU wheat extends gains with Chicago as exports monitored
PARIS, April 1 (Reuters) - Euronext wheat rose for a third session on Tuesday, tracking strength in Chicago while European traders assessed chances for new export demand.May wheat BL2K5, the most active position on the Paris-based Euronext, settled 0.6% up at 221.50 euros ($239.11) a metric ton.Th...Reuters
Tue, Apr 1
Russia says it cannot accept U.S. proposals on Ukraine 'in current form'
Trump is trying to broker a full ceasefire in Ukraine Russia says U.S. proposals need reworkingSays Moscow is taking U.S. ideas 'very seriously' By Andrew Osborn MOSCOW, April 1 (Reuters) - Russia cannot accept U.S. proposals to end the war in Ukraine in their current form because they ...Reuters
Tue, Apr 1
US Cash Grains-Corn, soybean basis steady-to-higher on slow farmer sales
CHICAGO, April 1 (Reuters) - Spot basis bids for corn and soybeans were steady-to-higher at U.S. Midwest processing plants and river elevators on Tuesday on slow farmer sales, while bids at interior elevators were mostly flat, grain merchants said. * Chicago Board of Trade corn and soybean futures c...Reuters
Tue, Apr 1
Tyson, other pork producers lose bid to knock out price-fixing class actions
By Mike Scarcella April 1 (Reuters) - Tyson Foods and other top pork producers must face lawsuits from consumers and other buyers accusing them of a conspiracy to restrict supply and fix prices, causing billions of dollars in overcharges, a U.S. judge in Minnesota has ruled.U.S. District Judge Jo...Reuters
Tue, Apr 1
First Quantum shares rise after company drops arbitration against Panama
By Divya Rajagopal April 1 - First Quantum Minerals' FM.TO shares rose by as much as 3% on the Toronto Stock Exchange early on Tuesday after the company said it had discontinued arbitration proceedings against the Panama government.The decision, announced on Monday, raises the prospect of neg...Reuters
Tue, Apr 1
METALS-Copper hits lowest in nearly three weeks on tariff angst
By Eric Onstad LONDON, April 1 (Reuters) - Copper prices slipped to their lowest in nearly three weeks on Tuesday, on course for a fifth consecutive session of losses as uncertainty over U.S. tariffs outweighed positive data from top metals consumer China.Benchmark three-month copper CMCU3 on the...Reuters
Tue, Apr 1
US LNG exports soar in March on ramp up of Plaquemines plant
US LNG exports hit a new recordVenture Global's Plaquemines plant a major contributor to export growthEurope remains favored destination for U.S. superchilled gasBy Curtis Williams HOUSTON, March 31 (Reuters) - The U.S. exported a record amount of liquefied natural gas (LNG) in March, selling...Reuters
Tue, Apr 1
Canadian measures against US tariffs will be deliberate, says Carney
OTTAWA, April 1 (Reuters) - Canada will be "very deliberate" when it comes to the counter measures it imposes if U.S. President Donald Trump goes ahead with a tariff plan, Prime Minister Mark Carney said on Tuesday.Carney, speaking to reporters in Winnipeg, also said Ottawa would not disadva...Reuters
Tue, Apr 1
Euronext touts growth in core agricultural contracts, cautious on new ones
Euronext says focused on existing wheat, rapeseed, maize futuresNon-European players targetted after record 2024 volumesGroup wary of diluting volumes with Black Sea productsBy Gus Trompiz and Sybille de La Hamaide PARIS, April 1 (Reuters) - Euronext ENX.PA aims to build on last year's record...Reuters
Tue, Apr 1
EXPLAINER-What are the EU's options in response to Trump tariffs?
By Philip Blenkinsop BRUSSELS, April 1 (Reuters) - European Commission President Ursula von der Leyen said on Tuesday that the European Union had a "strong plan" to retaliate against tariffs imposed by U.S. President Donald Trump, although it preferred a negotiated solution.The Trump admi...Reuters
Tue, Apr 1
