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Kremlin says Russia has right to defend itself from 'piracy' after report of warship escort near UK
MOSCOW/LONDON, April 9 (Reuters) - The Kremlin said on Thursday that Russia had the right to defend itself from what it called piracy after a British newspaper reported that a Russian navy frigate had escorted oil tankers sanctioned by Britain through the English Channel.Ship tracking data analysed ...Reuters
Thu, Apr 9
KGHM International Unit Signs Over $120 Mln Lease Loan For Robinson Mine Machinery
April 9 (Reuters) - KGHM Polska Miedz SA KGH.WA:KGHM INTERNATIONAL SIGNS LEASE LOAN AGREEMENT WORTH OVER $120 MILLION WITH PKO LEASINGLEASE LOAN IS FOR REFINANCING THE PURCHASE OF CONSTRUCTION AND MINING MACHINERY USED AT ROBINSON MINE IN NEVADASource: https://tinyurl.com/3dr97sp2Reuters
Thu, Apr 9
Barclays: Delay in Hormuz flow recovery poses upside risks to $85/b Brent forecast
April 9 (Reuters) - Barclays on Thursday said that a swift normalization of flows through the Strait of Hormuz aligns with its forecast of Brent crude oil averaging $85 a barrel in 2026, but warned that delays in restoring traffic or any further escalation could push prices higher from current level...Reuters
Thu, Apr 9
Chevron sees Iran war oil boost, warns hedging to weigh
By Sumit Saha April 9 (Reuters) - Chevron CVX.N said on Thursday it expected first-quarter upstream earnings to rise between $1.6 billion and $2.2 billion from the previous quarter, fueled by higher oil prices due to the Iran war, though an impact from hedging could weigh on results. The U.S. ...Reuters
Thu, Apr 9
CBOT Trends-Wheat up 3-8 cents, corn up 1-3, soybeans up 3-5
CHICAGO, April 9 (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 Thursday:NOTE: The U.S. Department of Agriculture is due to release its monthly supply and demand report at 11:00 a.m. CDT...Reuters
Thu, Apr 9
PRESS DIGEST-Canada - April 9
April 9 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL-Colette Watson, the head of Rogers Communication's RCIb.TO sports and media division, is retiring after 35 ye...Reuters
Thu, Apr 9
US CPC says 61% chance of El Nino emerging in May-July 2026
April 9 (Reuters) - The U.S. Climate Prediction Center on Thursday said El Nino has a 61% chance of developing between May and June 2026 and is expected to persist through at least the end of 2026.The U.S. weather forecaster added that El Nino–Southern Oscillation (ENSO) neutral conditions are prese...Reuters
Thu, Apr 9
RPT-ROI-China's copper import slump marks a shift in market power: Andy Home
By Andy Home LONDON, April 9 (Reuters) - A two-week ceasefire in the Iran war has dispersed some of the macroeconomic gloom enveloping the copper market, but there may be an even bigger problem for copper bulls. China, the world's largest user of the metal, has demonstrated it is not prepared...Reuters
Thu, Apr 9
American Airlines raises checked bag fees, trims economy perks amid soaring fuel prices
April 9 (Reuters) - American Airlines AAL.O is hiking checked baggage fees for domestic and short-haul international destinations and trimming some perks for economy fliers, as soaring jet fuel costs squeeze the global aviation sector.It is one of the last major U.S.-based carriers to take steps to ...Reuters
Thu, Apr 9
RPT-POLL-US natural gas stockpiles likely rose by 46 billion cubic feet last week
April 8 (Reuters) - U.S. energy firms likely added 46 billion cubic feet of natural gas into storage last week as warmer-than-normal weather kept heating demand low, according to the average estimate in a Reuters poll released on Wednesday. The estimate compares with an injection of 53 bcf during th...Reuters
Thu, Apr 9
Iran to let no more than 15 vessels a day to pass Strait of Hormuz, TASS cites a senior Iranian source
MOSCOW, April 9 (Reuters) - Iran will allow no more than 15 vessels a day to pass through the Strait of Hormuz under the ceasefire agreement it agreed with the United States, Russia's state TASS news agency quoted an unnamed senior Iranian source as saying on Thursday.The Strait, a strip of wate...Reuters
Thu, Apr 9
Iraq's K1 station receives first Basra crude shipment, state news agency reports
April 9 (Reuters) - Iraq's North Oil Company said the K1 crude station in Kirkuk has received its first shipment of Basra crude by truck following its restoration, the state news agency reported on Thursday.Reuters
Thu, Apr 9
EXPLAINER-Can the US and Iran bridge their differences in talks?
April 9 (Reuters) - The U.S. and Iran are set to hold peace talks in Pakistan, which has been mediating, but remain deeply divided on key issues, even though President Donald Trump has said proposals presented by Tehran were a "basis" for talks.Each side is sticking to competing demands for ...Reuters
Thu, Apr 9
Kazakhstan to raise oil flows via BTC pipeline by 16% in April, industry sources say
MOSCOW, April 9 (Reuters) - Kazakhstan plans to raise oil exports via the Baku-Tbilisi-Ceyhan pipeline by 16% in April from March, two industry sources told Reuters on Thursday.The pipeline, which has the capacity to move more than one million barrels per day, is designed to deliver oil from the lan...Reuters
Thu, Apr 9
PRECIOUS-Gold rises as dollar weakens and Middle East tensions persist
Oil prices gain, remain just shy of $100/barrelIsrael kills 250 people in Lebanon in largest attack yetIran maintains that Lebanon be part of any agreement with USBy Ishaan Arora April 9 (Reuters) - Gold rose on Thursday as the U.S. dollar weakened, with investors assessing a tenuous ceasefire be...Reuters
Thu, Apr 9
RPT-ROI-Refined fuel prices retreat in Asia, but still show supply stress: Russell
By Clyde Russell LAUNCESTON, Australia, April 9 (Reuters) - Prices for refined fuels in Asia fell sharply in line with similar declines for crude oil in the wake of the tentative ceasefire between the United States and Iran, but remain at levels that point to a supply crunch.Prices for gasoil, je...Reuters
Thu, Apr 9
RPT-BREAKINGVIEWS-Oil shock will speed electric cars’ comeback
By Katrina Hamlin HONG KONG, April 8 (Reuters Breakingviews) - Energy crises tend to change driving habits. The oil shock of 1973 encouraged car owners to replace their gas guzzlers with smaller, fuel-efficient engines. This time, the experience of extreme supply shortages and higher petrol price...Reuters
Thu, Apr 9
Mitsui O.S.K. awaits safety clarity, government guidance to move vessels from the Gulf, CEO says
Secures enough fuel oil for operations through end-MayMid-term management plan not influenced by ElliottPlans to revise FY2026 profit forecast later this monthBy Yuka Obayashi and Kentaro Okasaka TOKYO, April 9 (Reuters) - Japan's Mitsui O.S.K. Lines 9104.T (MOL) wants to start moving its ves...Reuters
Thu, Apr 9
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