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India set to get first Iranian oil cargo in 7 years, tracking data shows
By Nidhi Verma and Siyi Liu NEW DELHI, April 8 (Reuters) - India is set to receive its first oil from Iran in seven years after the U.S. temporarily removed sanctions on Iranian oil and refined products to ease supply shortages, ship tracking data from LSEG and Kpler showed on Wednesday.State-run...Reuters
Wed, Apr 8
TABLE-UAE's Fujairah oil inventory data for week ended April 6
April 8 (Reuters) - The Fujairah Oil Industry Zone published the following inventory data for oil products for the week ended April 6, according to industry information service S&P Global Commodity Insights.Volumes are in thousands of barrels. Figures in brackets represent the volume change from...Reuters
Wed, Apr 8
France's Macron welcomes US, Iran ceasefire deal, calls for Lebanon's inclusion
PARIS, April 8 (Reuters) - French President Emmanuel Macron said on Wednesday that he welcomed the ceasefire between Iran and the United States, at the start of his meeting on defence with advisers and members of his cabinet, but added the situation in Lebanon remained critical and called for Lebano...Reuters
Wed, Apr 8
RUBBER-Japan futures snaps five-day rally as oil plummets
By Ruth Chai April 8 (Reuters) - Japanese rubber futures fell for the first time in five sessions on Wednesday, as oil plummeted after a ceasefire agreement was reached in the Middle East conflict, with Iran allowing the safe passage of oil and gas through the Strait of Hormuz. The Osaka Exchang...Reuters
Wed, Apr 8
TECHNICALS-CBOT corn may stabilise around $4.42-3/4 and bounce
SINGAPORE, April 8 (Reuters) - CBOT corn CK26 may stabilise around a support at $4.42-3/4 per bushel, and bounce toward $4.46-3/4.The support is identified as the 161.8% projection level of a wave c from $4.70-1/2, which may either end around this barrier or extend far below it.Regardless of the end...Reuters
Wed, Apr 8
European benchmark gas plummets on Middle East ceasefire deal
By Nina Chestney LONDON, April 8 (Reuters) - The European benchmark gas contract plunged on Wednesday morning after U.S. President Donald Trump agreed to a two-week ceasefire with Iran, raising hopes of a resumption in oil and liquefied natural gas flows through the Strait of Hormuz.The last-minu...Reuters
Wed, Apr 8
RPT-Hezbollah pauses attacks under US-Iran ceasefire, sources close to group tell Reuters
April 8 (Reuters) - Lebanon's Hezbollah halted fire on northern Israel and on Israeli troops in Lebanon in the early hours of Wednesday as part of the U.S.-Iran ceasefire announced earlier, three Lebanese sources close to the group told Reuters. Israel has continued its strikes on southern Leban...Reuters
Wed, Apr 8
Hezbollah pauses attacks under US-Iran ceasefire, sources close to group tell Reuters
April 8 (Reuters) - Lebanon's Hezbollah halted fire on northern Israel and on Israeli troops in Lebanon in the early hours of Wednesday as part of the U.S.-Iran ceasefire announced earlier, three Lebanese sources close to the group told Reuters. Israel has continued its strikes on southern Leban...Reuters
Wed, Apr 8
South Korea to push for the release of ships in the Strait of Hormuz, media says
SEOUL, April 8 (Reuters) - South Korea's presidential Blue House said on Wednesday that the government would do its best to ensure the country's ships can pass through the Strait of Hormuz as soon as possible based on the conditions created under a two-week ceasefire agreed between the U.S. ...Reuters
Wed, Apr 8
TECHNICALS-CBOT soybeans may retest support at $11.40-3/4
For more technical analyses, please click SINGAPORE, April 8 (Reuters) - The CBOT soybean May contract SK26 may retest a support at $11.40-3/4 per bushel, as its fall is far from complete.A wave C from $11.79-3/4 is driving the market down. A projection analysis on this wave suggests a target of $11...Reuters
Wed, Apr 8
India set to get first Iranian oil cargo in 7 years, ship tracking data shows
NEW DELHI, April 8 (Reuters) - India is set to receive Iranian oil this week, its first purchase in seven years after the U.S. temporarily removed sanctions on Iranian oil and refined products to ease supply shortages, ship tracking data from LSEG and Kpler showed on Wednesday.India's oil minist...Reuters
Wed, Apr 8
Israel issues new evacuation order for Tyre in southern Lebanon, saying it will strike
April 8 (Reuters) - Israel's military issued repeated urgent warnings to residents of the city of Tyre on Wednesday to evacuate their homes immediately and move north of the Zahrani River, saying it will strike the area.This comes after Israeli Prime Minister Benjamin Netanyahu said that the U.S...Reuters
Wed, Apr 8
UK's Starmer to discuss Strait of Hormuz reopening in Gulf trip after ceasefire
LONDON, April 8 (Reuters) - British Prime Minister Keir Starmer will travel to the Middle East to hold talks with Gulf partners on ensuring the reopening of the Strait of Hormuz remains permanent after a U.S.-Iran ceasefire, his office said on Wednesday."I welcome the ceasefire agreement reached...Reuters
Wed, Apr 8
Gold Climbs as Markets Reassess Risks After Trump Pauses Iran Attacks
April 8 (Reuters) - Gold prices climbed to a near three-week high on Wednesday as markets reassessed near-term risks after U.S. President Donald Trump agreed to suspend bombing and attacks on Iran for two weeks, easing fears of energy-driven inflation.
Reuters
Wed, Apr 8
WTI Nosedives Below $90 as Iran Reopens Hormuz for Two Weeks
West Texas Intermediate (WTI), futures on NYMEX, slide over 11% below $90.00 on Wednesday, as Iran has agreed to reopen the Strait of Hormuz, a critical passage to 20% of global energy supply, for two weeks in return for a temporary ceasefire with the United States (US).
Fxstreet
Wed, Apr 8
TABLE-North Sea gas maintenance schedule: Revises Troll outage
April 8 (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.OPERATORLOCATIONOUTA...Reuters
Wed, Apr 8
Port infrastructure in Ukraine's Izmail damaged by Russian drone, Ukraine says
KYIV, April 8 (Reuters) - A Russian overnight drone attack on Ukraine's largest Danube river port, Izmail, damaged a port facility, Ukraine's regional development ministry said on Telegram on Wednesday."Fires broke out on the territory of warehouse premises," the ministry said, addin...Reuters
Wed, Apr 8
VEGOILS-Palm drops more than 3% as crude oil slumps on US-Iran ceasefire
KUALA LUMPUR, April 8 (Reuters) - Malaysian palm oil futures tumbled more than 3% on Wednesday, pressured by a sharp drop in crude oil prices following a U.S-Iran ceasefire deal.The benchmark palm oil contract FCPOc3 for June delivery on the Bursa Malaysia Derivatives Exchange slid 150 ringgit, or 3...Reuters
Wed, Apr 8
PRESS DIGEST -Wall Street Journal - April 8
April 8 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - The U.S. government has so far rejected requests from Ford F.N and other U.S. automakers for relief from aluminum tariffs after fires ...Reuters
Wed, Apr 8
Oil Product Deliveries To Spanish Market From Fuel Distributor Exolum Terminals Up 5.1% In March YoY
April 8 (Reuters) - Oil Logistics Company Exolum:SAID ON TUESDAY OIL PRODUCT DELIVERIES TO THE SPANISH MARKET FROM FUEL DISTRIBUTOR EXOLUM TERMINALS INCREASED BY 5.1% IN MARCH YEAR ON YEARReuters
Wed, Apr 8
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