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Goldman Sachs flags two‑way risks to their 2026 oil price outlook
April 15 (Reuters) - Goldman Sachs on Tuesday flagged both upside and downside risks to its average 2026 crude forecasts for Brent/WTI at $83/78 per barrel, citing growing uncertainty around Middle East developments and oil flows through the Strait of Hormuz.Reduced flows through Hormuz pose the big...
Reuters
Wed, Apr 15
TABLE-UAE's Fujairah oil inventory data for week ended April 13
April 15 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended April 13, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change fr...
Reuters
Wed, Apr 15
Hungary's Magyar will talk to MOL leadership, focus on fuel supplies
BUDAPEST, April 15 (Reuters) - Hungary’s election-winner Peter Magyar said on Wednesday he would need to hold talks with the leadership of oil company MOL MOLB.BU, adding that ensuring fuel security would be the top priority in the coming weeks.Magyar's centre-right TISZA (Respect and Freedom) p...
Reuters
Wed, Apr 15
Antofagasta Expects Copper Production To Increase Quarter‑On‑Quarter
April 15 (Reuters) - Antofagasta PLC ANTO.L:ANTOFAGASTA PLC - Q1 2026 PRODUCTION REPORTANTOFAGASTA: GUIDANCE FOR YEAR REMAINS UNCHANGEDANTOFAGASTA - Q1 2026 COPPER PRODUCTION 143,000 TONNES, DOWN 8% YEAR-ON-YEARANTOFAGASTA - Q1 2026 GOLD PRODUCTION 46,500 OUNCES, UP 8% YEAR-ON-YEARANTOFAGASTA: TO D...
Reuters
Wed, Apr 15
TECHNICALS-CBOT corn targets $4.49-1/4 to $4.50-1/4 range
SINGAPORE, April 15 (Reuters) - CBOT corn CK26 is poised to break a resistance at $4.46-3/4 per bushel and rise into the $4.49-1/4 to $4.50-1/4 range.The contract has broken a falling trendline. The break suggests a reversal of the downtrend from $4.70-1/2. A projection analysis on the trend reveals...
Reuters
Wed, Apr 15
WTI Oil picks up to $89.00 as US announces a total blockade of Hormuz
Oil prices have bounced up during the Asian session, as the US military announced a total blockade of the Strait of Hormuz on Tuesday, increasing the chokehold on supply and putting the new round of talks with Iran into question.
WTI
Fxstreet
Wed, Apr 15
TABLE-North Sea gas maintenance schedule: Adds Atwick outage
April 15 (Reuters) - The following is a schedule of maintenance work on gas infrastructure, mainly in the North Sea.The table is arranged by outage start date.Volumes are in standard million cubic metres per day (mcm/d) or gigawatt-hours per day (GWh/d) unless otherwise indicated.OPERATORLOCATIONOUT...
Reuters
Wed, Apr 15
Iranian crew members return home from Sri Lanka
By Uditha Jayasinghe COLOMBO, April 15 (Reuters) - Over 200 Iranian crew members from two warships who were rescued by Sri Lanka have been sent back to their homeland, a top official said on Wednesday.Sri Lanka rescued 32 Iranian crew from the warship IRIS Dena on March 4 after it was hit by a to...
Reuters
Wed, Apr 15
TECHNICALS-CBOT soybeans to retest support at $11.56-3/4
For more technical analyses, please click SINGAPORE, April 15 (Reuters) - The CBOT soybean May contract SK26 may retest a support at $11.56-3/4 per bushel, a break below which may open the way towards $11.50-1/2.The deep fall on Monday suggests the progress of a wave B, the second wave of a three-w...
Reuters
Wed, Apr 15
Japan naphtha-dependent firms flag supply issues despite government assurances
Toto, Lixil, other bathroom makers announce shipment disruptionThinner makers cite critical supply issueNaphtha-dependent stocks underperform benchmark Nikkei averageGovernment favours economic stability over conservation callsBy Hina Suzuki, Tamiyuki Kihara and Kaori Kaneko TOKYO, April 15 (Reu...
Reuters
Wed, Apr 15
China told Maersk and MSC to drop Panama port operations, FT reports
April 15 (Reuters) - China has told Danish shipping group Maersk MAERSKb.CO and Switzerland-based Mediterranean Shipping Company (MSC Shipping) to cease operating ports on the Panama Canal, the Financial Times reported on Wednesday.In a meeting with China's state planner last month, Maersk and M...
Reuters
Wed, Apr 15
Suncor Reports Maintenance Activities at Commerce City, Colorado Refinery
April 15 (Reuters) - SUNCOR ENERGY INC SU.TO:REPORTS DUE TO SHUTDOWN AND STARTUP ACTIVITIES RELATED TO MAINTENANCE, INCREASED SMOKE FROM THE FLARE MAY BE VISIBLE AT COMMERCE CITY OPERATIONS FOR SEVERAL DAYSREFINERY CAPACITY: WITH THREE PLANTS AT TWO REFINERIES, COMMERCE CITY, COLORADO FACILITY PROCE...
Reuters
Wed, Apr 15
PRECIOUS-Gold slips 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 seaOil gains on supply uncertainty By Noel John April 15 (Reuters) - Gold prices logged a slight loss after hitting a one-month high earlier in the session on Wednesday, as prospects of another round of peace ta...
Reuters
Wed, Apr 15
TIMELINE-Japan's decade-long march towards arms exports
By Tim Kelly and John Geddie TOKYO, April 15 (Reuters) - Japan has spent the past decade steadily dismantling some of the world's toughest arms export restrictions as it steps back from the postwar pacifism that shaped its security policy. Here are the key events: 2014 - Then-prime mini...
Reuters
Wed, Apr 15
PRECIOUS-Gold slips from one‑month high on firmer dollar; US–Iran talks in focus
US, Iran may resume peace talks this weekUS halts trade going into and out of Iran by seaDollar rebounds from a more than one-month lowBy Noel John April 15 (Reuters) - Gold prices inched lower on Wednesday after hitting a one-month high earlier in the session, as the dollar regained some ground ...
Reuters
Wed, Apr 15
Silver Price Forecast: XAG/USD corrects from one-month top, bullish bias intact near $80.00
Silver (XAG/USD) climbs to a nearly one-month peak during the Asian session on Wednesday, though it struggles to build on the momentum further beyond the $81.00 mark.
Silver
Fxstreet
Wed, Apr 15
GRAINS-Wheat rises as dry weather hits US crops
CANBERRA, April 15 (Reuters) - Chicago wheat futures climbed for a third straight session on Wednesday, taking their gains for the week so far to nearly 4%, as dry conditions in the U.S. Plains threaten to damage crops and reduce production.Corn and soybean futures rose, helped by a weakening U.S. d...
Reuters
Wed, Apr 15
Gold eases from four-week top as Hormuz risks temper USD weakness
Gold (XAU/USD) hits a nearly four-week high during the Asian session on Wednesday, though it lacks follow-through buying and currently trades just below the $4,850 level, nearly unchanged for the day.
Gold
Fxstreet
Wed, Apr 15
Sanctioned tanker turns back to Strait of Hormuz, day after Gulf exit
By 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 Wednesday after exiting the Gulf the day before, shipping data showed, failing to break through a U.S. blockade on vessels calling at Iranian po...
Reuters
Wed, Apr 15
Oil Prices Fall for a Second Day on Expectations US-Iran Talks May Resume
Brent and WTI crude prices extend losses amid hopes for resumed US-Iran peace talksStrait of Hormuz remains largely closed, disrupting oil flows despite ceasefire, sources sayUS to end waivers on Iranian and Russian oil, official inventory data awaitedBy Katya Golubkova TOKYO, April 15 (Reuters)
Reuters
Wed, Apr 15
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