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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.Reuters
Thu, Apr 9
Occidental announces oil discovery in Gulf of Mexico
April 9 (Reuters) - U.S.-based shale producer Occidental Petroleum OXY.N has discovered oil at the Bandit prospect in the Gulf of Mexico, about 125 miles south of the Louisiana coast, it said on Thursday.Bandit is operated by Occidental, which holds 45.38% working interest. It co-owns the prospect w...Reuters
Thu, Apr 9
Occidental Announces Gulf Of America Oil Discovery At Bandit
April 9 (Reuters) - Occidental Petroleum Corp OXY.N:OCCIDENTAL ANNOUNCES GULF OF AMERICA OIL DISCOVERY AT BANDITOCCIDENTAL: DISCOVERY HAS POTENTIAL FOR SUBSEA TIE-BACKS TO ADJACENT OCCIDENTAL-OPERATED FACILITY, OTHERS IN NEARBY AREAReuters
Thu, Apr 9
Neogen beats Q3 revenue estimates, raises outlook
OverviewU.S. food safety solutions provider's Q3 revenue fell 4.4% but beat analyst expectationsAdjusted net income and adjusted EBITDA for Q3 beat analyst expectationsCompany raised FY26 revenue outlook and will divest Genomics business unitOutlookNeogen raises FY26 revenue outlook to $857 mln-...Reuters
Thu, Apr 9
Simply Good Foods misses Q2 revenue estimates, posts loss on impairment charge
OverviewU.S. nutritional snacks maker's Q2 revenue fell 9.4% yr/yr, missing analyst expectationsCompany posted net loss on $249 mln impairment charge on Atkins and OWYN brandsAdjusted EPS beat analyst expectationsOutlookSimply Good Foods sees FY 2026 net sales between $1.31 bln and $1.35 bln, do...Reuters
Thu, Apr 9
RPT-ROI-Iran's Hormuz 'toll booth' set to hardwire higher energy prices: Bousso
By Ron Bousso LONDON, April 9 (Reuters) - The war that closed the Strait of Hormuz has ended - for now. But Tehran's demand to act as toll booth keeper at the world's most critical oil chokepoint could leave energy markets vulnerable and hardwire higher prices for years to come.The U.S. a...Reuters
Thu, Apr 9
Shipping traffic through Hormuz at virtual standstill despite ceasefire, data shows
LONDON, April 9 (Reuters) - One oil products tanker and five separate dry bulk carriers have sailed through the Strait of Hormuz in the past 24 hours despite Iran and the United States reaching a two-week ceasefire deal, according to analysis of data from ship trackers.Traffic through the critical s...Reuters
Thu, Apr 9
India grants waivers for some ships to deliver Iran cargoes, sources say
India grants waivers for two cargoes from IranGulf disruption has hit cooking gas supply to IndiaWaivers only for vessels meeting safety standardsWaivers given on case-by-case basisBy Saurabh Sharma and Nidhi Verma NEW DELHI, April 9 (Reuters) - With a view to speeding delivery of energy supplie...Reuters
Thu, Apr 9
Strait of Hormuz is shut, must reopen without conditions, UAE oil giant ADNOC's CEO says
Iran has made clear passage subject to conditions, ADNOC CEO saysGlobal economic stability depends on unconditional reopening, he saysUAE oil output halved after strait's effective closure, Reuters has reportedADNOC loading oil cargoes, will expand output within constraints of damage sufferedBy ...Reuters
Thu, Apr 9
Pressure on BP climbs as UK pension fund group joins dissenting vote chorus
LAPFF, LGIM, Glass Lewis, support vote against BP Chair ManifoldLAPFF members represent around 1.3% of BP shares, taken together would be top-5 ownerBlocking of climate resolution, retiring of some climate reporting in focusBy Shadia Nasralla LONDON, April 9 (Reuters) - BP BP.L shareholders shoul...Reuters
Thu, Apr 9
India rapeseed sales shift to private traders as war lifts edible oil prices
Middle East conflict lifts edible oil and rapeseed pricesRapeseed prices stay well above government procurement ratesFarmers prefer private trade, accelerating rapeseed crushingHigher rapeseed oil supplies limit edible oil importsBy Rajendra JadhavMUMBAI, April 9 (Reuters) - Indian farmers are selli...Reuters
Thu, Apr 9
PRECIOUS-Gold up as markets gauge US-Iran ceasefire, await inflation data
US dollar keeps at two-week lowsOil prices gain but they are below $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 edged higher on Thursday, with investors assessing a tenuous c...Reuters
Thu, Apr 9
Singapore fuel oil inventories fall on lower Mideast imports
SINGAPORE, April 9 (Reuters) - Onshore fuel oil inventories in Singapore fell to their lowest level in 10 weeks amid reduced imports from the Middle East, data showed on Thursday. Residual fuel stockpiles declined 7.4% to 21.72 million barrels (about 3.42 million metric tons) in the week to April 8...Reuters
Thu, Apr 9
WTI Crude Oil returns above $93.00 as concerns about the ceasefire grow
Oil prices have trimmed some of the last two days' losses, and the price of a barrel of the US benchmark West Texas Intermediate (WTI) returned to levels above $93.00 at the time of writing, from lows near $86.00 on Wednesday.
Fxstreet
Thu, Apr 9
Hungary's election could end Orban era and reshape its place in Europe
Election seen as pivotal for Hungary's EU ties, stance on RussiaVeteran nationalist leader Orban has backing of Trump and MoscowOpinion polls show centre-right Tisza ousting Orban's FideszOrban has led Hungary for 16 yearsBy Krisztina Than BUDAPEST, April 9 (Reuters) - Viktor Orban, uniqu...Reuters
Thu, Apr 9
More companies committed to validated emission targets in 2025, SBTi reports
April 9 (Reuters) - The number of companies with validated climate and emission targets, including net-zero commitments, saw robust growth in 2025, according to a study released on Thursday by the corporate climate group Science Based Targets initiative.Validated targets refer to decarbonization and...Reuters
Thu, Apr 9
Brent: Volatile swings with ceasefire doubts – Deutsche Bank
Deutsche Bank strategists highlight sharp volatility in Brent Oil as Middle East ceasefire doubts resurface. Brent initially slumped over 13% to a four-week low near $95, then rebounded above $96 as concerns about Hormuz shipping and ceasefire durability persisted.Fxstreet
Thu, Apr 9
CEO of UAE's ADNOC says Strait of Hormuz must be opened unconditionally
April 9 (Reuters) - Abu Dhabi state oil company ADNOC's CEO Sultan Al Jaber said on Thursday in a post on LinkedIn that the Strait of Hormuz is not open, and it must be opened unconditionally.The strait is a natural waterway governed by international law, which guarantees transit rights, he sai...Reuters
Thu, Apr 9
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