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WTI Price Forecast: Returns above $90.00 as Trump warns new military deployment in Iran
West Texas Intermediate (WTI), futures on NYMEX, recovers its early losses and turns positive around $90 during the European trading session on Wednesday.
WTI
Fxstreet
Wed, Apr 15
NORDIC POWER-Forward prices fall as Mideast peace hopes weigh on European gas, power
April 15 (Reuters) - Nordic forward power prices extended losses on Wednesday, as hopes for a resolution to the Middle East conflict weighed on European gas and power prices, while improving water reserves added further pressure. The Nordic front-quarter baseload power contract NSBLQc1 fell 0.95 eur...
Reuters
Wed, Apr 15
Middle East Crude-Benchmarks unmoved amid supply uncertainty
SINGAPORE, April 15 (Reuters) - Middle East crude benchmark premiums of Dubai, Murban and Oman remained stable on Wednesday, as investors assessed prospects for renewed U.S.–Iran talks and the potential for supply to be released from the Middle East, where exports remain constrained by the closure o...
Reuters
Wed, Apr 15
METALS-Copper hits six‑week high on hopes of fresh US‑Iran peace talks
By Pratima Desai LONDON, April 15 (Reuters) - Copper price hit six-week highs on Wednesday as the prospect of another round of talks between the United States and Iran to end the war boosted sentiment.Benchmark copper CMCU3 on the London Metal Exchange touched $13,392.5 a metric ton, the highest ...
Reuters
Wed, Apr 15
PRECIOUS-Gold falls from one-month peak as investors look to US-Iran negotiations
Trump: U.S.-Iran talks could resume in Pakistan in next 2 daysGold prices hit their highest since March 18 earlierWorld shares edge towards record highs, oil up over 1%By Ishaan Arora April 15 (Reuters) - Gold eased from one-month highs on Wednesday, with investors gauging developments surroundin...
Reuters
Wed, Apr 15
Iranian sanctioned supertanker crosses Hormuz Strait despite US blockade, Fars reports
DUBAI, April 15 (Reuters) - An Iranian sanctioned supertanker crossed the Strait of Hormuz towards Iran's Imam Khomeini Port despite a U.S. blockade, Iran's Fars News Agency said on Wednesday.Fars said the Very Large Crude Carrier was capable of carrying two million barrels of crude, but it ...
Reuters
Wed, Apr 15
Sanctioned China tanker turns back to Strait of Hormuz, day after Gulf exit
Tanker Rich Starry returns to GulfVLCC Alicia enters Gulf to load oil at IraqVLCC Agios Fanourios I succeeds in entering Gulf on second attemptBy Florence Tan and Mariko Katsumura SINGAPORE, April 15 (Reuters) - The U.S.-sanctioned tanker Rich Starry made its way back to the Strait of Hormuz on W...
Reuters
Wed, Apr 15
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data. Silver trades at $78.71 per troy ounce, down 0.68% from the $79.25 it cost on Tuesday.
Silver
Fxstreet
Wed, Apr 15
Singapore's Scoot tops Cirium's global airline emissions efficiency rankings for 2025
HONG KONG, April 15 (Reuters) - Singapore budget carrier Scoot has been named the world's most emissions-efficient airline, according to aviation analytics firm Cirium's 2025 EmeraldSky annual review, becoming the first Southeast Asian carrier to claim the top global spot. Here are some deta...
Reuters
Wed, Apr 15
Russia's Bashkortostan governor says several Ukrainian drones shot down over industrial zone
MOSCOW, April 15 (Reuters) - Several drones have been shot down over the industrial zone in Sterlitamak, the second largest city of Bashkortostan region of Russia, regional governor Radiy Khabirov said."Debris fell onto the grounds of one of the factories. Emergency services are on the scene, e...
Reuters
Wed, Apr 15
Oil: War risks, Hormuz disruption and policy cushions – Rabobank
Rabobank’s RaboResearch Global Economics & Markets team highlights that Oil prices have eased even as the IMF warns of a potential world recession if the Hormuz Strait remains closed.
WTI
Fxstreet
Wed, Apr 15
Appian appoints Paulo Castellari as CEO of critical minerals unit
LONDON, April 15 (Reuters) - Mining-focused private equity firm Appian Capital Advisory has appointed former Eramet ERMT.PA CEO Paulo Castellari to head its critical minerals unit, the firm said on Wednesday, as it scales investment in energy transition commodities.The appointment comes as competit...
Reuters
Wed, Apr 15
Russia pledges further oil supplies to Cuba after dispatching crude cargo
Moscow sent tanker with 700,000 barrels of oil to CubaU.S. allowed that shipment for humanitarian reasonsWashington to review other deliveries 'case-by-case' Cuba faces acute shortages, Trump trying to pressure HavanaRussia plans to continue assisting communist-ruled island MOSCOW, April ...
Reuters
Wed, Apr 15
Silver Price Forecast: XAG/USD struggles around $81 while outlook remains firm on Iran optimism
Silver price (XAG/USD) struggles to extend recovery above $81.00 during the European trading session on Wednesday. The white metal ticks down as the US Dollar (USD) strives to gain ground after a seven-day losing streak.
Silver
Fxstreet
Wed, Apr 15
EXCLUSIVE-China weighs curbs on exports of solar manufacturing equipment to US
China may curb exports to keep solar tech lead, sources sayMove could threaten U.S. firms' solar factory plansIndustry sees Tesla's solar goals as threat amid downturnBEIJING/LOS ANGELES, April 15 (Reuters) - Chinese officials have held initial talks with providers of equipment to make solar...
Reuters
Wed, Apr 15
Ukraine broaches 'stolen' Russian grain cargo on call with Israel
April 15 (Reuters) - Ukrainian Foreign Minister Andrii Sybiha held a call with his Israeli counterpart Gideon Sa'ar to discuss a Russian vessel carrying what he described as grain stolen from Ukraine that was allowed to dock in an Israeli port.Kyiv considers all grain produced in the four region...
Reuters
Wed, Apr 15
Japan to release 36 mln barrels from oil reserves, details to be set by end-April
TOKYO, April 15 (Reuters) - Japan plans to release around 36 million barrels from its national oil reserves from early May, with contracts with refiners expected to be set by the end of April, a senior official at the Ministry of Economy, Trade and Industry (METI) said on Wednesday.Prime Minister Sa...
Reuters
Wed, Apr 15
PRECIOUS-Gold falls on increased risk appetite; US-Iran talks in focus
US, Iran may resume peace talks this weekUS halts trade going into and out of Iran by seaBrent crude oil gains on supply uncertainty By Noel John April 15 (Reuters) - Gold prices fell after hitting a one-month high earlier in the session on Wednesday, as prospects of another round of peace talks ...
Reuters
Wed, Apr 15
Iron ore climbs on optimism Iran war resolution may revive steel demand
By Ruth Chai SINGAPORE, April 15 (Reuters) - Iron ore futures rose on Wednesday as hopes of potential peace negotiations to end the Iran war eased concerns over Chinese steel disruptions to the Gulf, while rising hot metal output continued to support demand for the steelmaking ingredient.The most...
Reuters
Wed, Apr 15
UAE's Fujairah oil inventory drops below 10 mln bbls for first time in at least 9 years, data show
April 15 (Reuters) - Stocks for refined oil products at the Fujairah in the United Arab Emirates have fallen below 10 million barrels, their lowest in at least nine years, data showed on Wednesday, after the U.S.-Iran war disrupted energy supplies in the region.The Fujairah Oil Industry Zone publish...
Reuters
Wed, Apr 15
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