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Eni says talking with Repsol on Venezuelan gas exports, no deal yet
ROME, April 20 (Reuters) - Italian energy group Eni ENI.MI said on Monday it was in discussions with Spanish peer Repsol and Venezuela's state-owned PDVSA over terms for potentially exporting gas from the South American country's Cardon IV field."We confirm that discussions are ongoing b...
Reuters
Mon, Apr 20
Agnico Eagle in multi-deal push to consolidate Finland gold assets
April 20 (Reuters) - Agnico Eagle Mines AEM.TO said on Monday it will acquire Rupert Resources RUP.TO and Aurion Resources AU.V, and buy a majority stake in a joint venture from B2Gold BTO.TO, as it moves to consolidate a key gold district in northern Finland.Agnico Eagle shares fell 2.7% in morning...
Reuters
Mon, Apr 20
Eni confirms discussions with Repsol to export Venezuelan gas
ROME, April 20 (Reuters) - Italian energy group Eni ENI.MI said on Monday it was in discussions with Spanish peer Repsol and Venezuela's PDVSA over terms for potentially exporting gas from Venezuela."We confirm that discussions are ongoing between Eni, Repsol and PDVSA regarding the potentia...
Reuters
Mon, Apr 20
Germany's Merz: do not see on what basis US could intervene in Cuba
BERLIN, April 20 (Reuters) - German Chancellor Friedrich Merz said on Monday at a press conference alongside Brazilian President Luiz Inacio Lula da Silva that he does not see on what basis the United States could intervene in Cuba.
Reuters
Mon, Apr 20
PRECIOUS-US-Iran tensions, firmer dollar push gold to one-week low
Gold, platinum touch one-week lowsUS dollar rose to nearly one-week high earlierOil climbs 5% after US takes over Iranian cargo shipBy Ishaan Arora April 20 (Reuters) - Gold prices were down on Monday after falling to a one-week low earlier in the session, as the dollar and oil prices climbed on ...
Reuters
Mon, Apr 20
Gold: Longer-term support from softer Dollar – HSBC
HSBC strategists highlight this year’s sharp volatility, with prices swinging between about USD 4,405 and USD 5,450 per ounce before stabilising near USD 4,800.
Gold
Fxstreet
Mon, Apr 20
Hormuz shipping again near standstill after shots and seizure
US seized Iranian cargo ship at weekendCMA CGM container ship shot at, French company saysJust three crossings in 12 hours, data showsWar risk insurance rates up, sector sources said Oil up about 5% after weekend escalation in conflictBy Jonathan Saul and Nerijus Adomaitis LONDON, April 20 (Reute...
Reuters
Mon, Apr 20
US natgas hits one-week high as output drops and LNG exports surge
Gas futures rise on lower output, cooler weather, and strong LNG export flowsSpeculators increase NYMEX net short positions to highest since Nov 2024, CFTC data showsWaha Hub prices remain negative for record 51 days due to Permian pipeline constraintsBy Scott DiSavino NEW YORK, April 20 (Reuters...
Reuters
Mon, Apr 20
Battle-scarred developing nations look for path out of permacrisis
IMF and World Bank offer few new solutionsCalls grow for self-reliance, regional integration, and new financingProlonged conflict could push 50 million into acute food insecurity, World Bank forecastsBy Libby George and Andrea Shalal WASHINGTON, April 20 (Reuters) - Developing country policymaker...
Reuters
Mon, Apr 20
Lebanon energy minister says Israeli 'naval defense area' map does not affect 2022 maritime border deal
BEIRUT, April 20 (Reuters) - Lebanese Energy Minister Joe Saddi told Reuters on Monday that a map published by the Israeli military showing a "naval forward defense area" extending from the Lebanese coastline into the sea does not impact the maritime border agreed between Lebanon and Israel ...
Reuters
Mon, Apr 20
CBOT Trends-Wheat up 3-4 cents, corn steady-down 1, soybeans down 1-2
CHICAGO, April 20 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday: WHEAT - Up 3 to 4 cents per bushelWheat edged up as investors focused on dry conditions in the U.S. Plains gr...
Reuters
Mon, Apr 20
Kuwait declares force majeure on oil shipments amid Hormuz blockade, Bloomberg News reports
April 20 (Reuters) - Kuwait has declared force majeure on shipments of crude oil and refined products after a blockade of the Strait of Hormuz prevented some vessels from entering the Persian Gulf, hindering its ability to meet certain customer commitments, Bloomberg News reported on Monday, citing ...
Reuters
Mon, Apr 20
RPT-ROI-Is it time to abandon hope the Strait of Hormuz will open soon?: Russell
By Clyde Russell LAUNCESTON, Australia, April 20 (Reuters) - A consistent theme in global oil markets since the U.S. and Israel attacked Iran is that the effective closure of the Strait of Hormuz will be short-lived, and therefore so will the disruption to the supply of crude and refined products...
Reuters
Mon, Apr 20
Zambia's copper smelters plan extended shutdowns, squeezing output and chemical supplies
Mopani and Chambishi copper smelters to halt operations for extended maintenance, sources sayFirst Quantum's Zambia head says sulphuric acid stocks too low for exportsCongo miners forced to cut chemicals use as Iran war disrupts suppliesBy Chris Mfula and Maxwell Akalaare Adombila LUSAKA/DAKA...
Reuters
Mon, Apr 20
No abnormalities observed at Japan nuclear facilities after earthquake, IAEA says
April 20 (Reuters) - The International Atomic Energy Agency (IAEA) said on Monday that there have been no abnormalities observed at Japan's nuclear facilities as of 0816 GMT following a 7.7 magnitude earthquake earlier in the day.
Reuters
Mon, Apr 20
China forecasts moderate-or-stronger El Nino, warns of tighter energy, fuel squeeze
BEIJING, April 20 (Reuters) - China might have to burn more fossil fuels this year as meteorologists forecast a moderate-or-stronger El Nino weather event in the summer and autumn, which could disrupt operations at hydropower stations across the region at a time when fuel supplies from the Middle Ea...
Reuters
Mon, Apr 20
Serra Verde receives price floors for magnet rare earths in US offtake deal
By Eric Onstad LONDON, April 20 (Reuters) - Brazilian rare earth miner Serra Verde, which agreed on Monday to be acquired by USA Rare Earth USAR.O, will receive price floors for four rare earths in a 15-year supply deal with the U.S. government and private investors, according to a presentation a...
Reuters
Mon, Apr 20
Japan eases back tsunami warning after magnitude 7.7 quake, no immediate reports of casualties, damage
Tsunami warning revised to tsunami advisoryNo immediate reports of damage, casualties, government saysEvacuation orders issued for several coastal townsGovt warns of heightened risk of megaquake Some bullet train services halted, motorways shutUtilities say no abnormalities at nuclear plants in area...
Reuters
Mon, Apr 20
Sibanye asks for EU concessions as it ramps up Europe's first lithium mine
Plans to commission Finland refinery hinge on EU supportSibanye launched Europe's first lithium mine in FebruaryLithium concentrate production expected in September quarterDecision on refinery expected by the end of 2026By Nelson Banya HARARE, April 20 (Reuters) - South Africa's Sibanye S...
Reuters
Mon, Apr 20
Gold steadies after gap lower as markets assess US-Iran developments
Gold (XAU/USD) steadies on Monday after opening the week with a bearish gap as evolving geopolitical developments surrounding the US-Iran war keep volatility elevated across global financial markets.
Gold
Fxstreet
Mon, Apr 20
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