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Borouge Confirms Incident Occurred At Production Facilities At Ruwais Industrial Area On Apr 5
April 6 (Reuters) - Borouge Plc BOROUGE.AD:BOROUGE PLC - CONFIRMS AN INCIDENT OCCURRED AT ITS PRODUCTION FACILITIES LOCATED AT RUWAIS INDUSTRIAL AREA ON 5 APRILBOROUGE - FOLLOWING SUCCESSFUL INTERCEPTION BY AIR DEFENCE, FALLING DEBRIS RESULTED IN DAMAGE TO ASSETSBOROUGE - THERE WERE NO INJURIES A...
Reuters
Mon, Apr 6
GRAINS-Wheat, soybeans, corn drop on weak export demand
Wheat falls 1.3%, corn down 0.7%, soybeans give up 0.3%Lack of demand for U.S. farm goods add pressure on pricesBy Naveen Thukral SINGAPORE, April 6 (Reuters) - Chicago wheat slid 1% on Monday, leading losses across grains including soybeans and corn, as concerns over weak demand weighed on price...
Reuters
Mon, Apr 6
Gold sticks to negative bias amid rising rate hike bets, firmer US Dollar
Gold (XAU/USD) struggles to capitalize on Friday's goodish recovery from the vicinity of the $4,550 level and kicks off the new week on a weaker note.
Gold
Fxstreet
Mon, Apr 6
US, Iran and mediators make push for 45-day ceasefire, Axios reports
April 5 (Reuters) - The U.S., Iran and a group of regional mediators are discussing the terms for a potential 45-day ceasefire that could lead to a permanent end to the war, Axios reported on Sunday, citing four U.S., Israeli and regional sources with knowledge of the talks. Reuters could not immedi...
Reuters
Mon, Apr 6
South Korea's Lee says country must balance risk as Hormuz disruptions threaten oil supplies
SEOUL, April 6 (Reuters) - South Korea has to accept a degree of risk in importing crude from the Middle East amid blockages of the Strait of Hormuz, President Lee Jae Myung said on Monday.
Reuters
Mon, Apr 6
WTI Price Forecast: Retreats from four-week high, slips below 104.00 despite supply risks
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – struggles to capitalize on modest Asian session gains to the $106.45 region, or a nearly four-week high, and retreats to the lower end of its daily range in the last hour.
WTI
Fxstreet
Mon, Apr 6
GRAINS-Wheat, soybeans, corn drop on weak export demand
SINGAPORE, April 6 (Reuters) - Chicago wheat slid 1% on Monday, while soybeans and corn also fell, as concerns over weak demand weighed on prices, though higher crude oil prices limited the downside.FUNDAMENTALSThe most-active wheat contract on the Chicago Board of Trade (CBOT) Wv1 fell 1.1% to $5.9...
Reuters
Mon, Apr 6
WRAPUP 11-US rescues airman, vows 'hell' for Iran if Strait stays shut
Rescued U.S. airman was from plane Iran shot downTrump tells Iran to open Strait of Hormuz by TuesdayTehran expands attacks on Gulf energy infrastructureMediation sought by Pakistan fruitless so far By Phil Stewart, Idrees Ali and Menna AlaaElDin WASHINGTON/CAIRO, April 5 (Reuters) - U.S. special...
Reuters
Mon, Apr 6
OPEC+ agrees to boost oil output in May amid global energy crisis
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to raise their oil output quotas by 206,000 barrels per day (bps) for May, Reuters reported.
WTI
Fxstreet
Sun, Apr 5
WTI rises to near $105.00 as Trump threatens to hit Iran infrastructure
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $105.00 during the Asian trading hours on Monday. The WTI price climbs to its highest levels in nearly four years amid escalating conflict in the Middle East.
WTI
Fxstreet
Sun, Apr 5
Gold under pressure as fears mount, $4,600 support at risk
Spot Gold gapped marginally lower at the weekly opening, with the XAU/USD pair battling to retain the $4,600 mark early in the Asian session.
Gold
Fxstreet
Sun, Apr 5
Ukraine, Syria agree to cooperate on security, Zelenskiy says
First visit by Ukrainian president since diplomatic ties restoredLeaders pledge to boost security cooperationThree-way talks include Turkish foreign minister April 5 (Reuters) - Ukraine and Syria pledged greater security cooperation in talks on Sunday, President Volodymyr Zelenskiy said as Ky...
Reuters
Sun, Apr 5
Trump gives Iran until Tuesday night to open Strait of Hormuz, WSJ reports
April 5 (Reuters) - U.S. President Donald Trump said his deadline for Iran to open the Strait of Hormuz or face attacks on critical infrastructure is Tuesday evening, according to an interview he gave to the Wall Street Journal on Sunday."If they don’t do something by Tuesday evening, they won’t...
Reuters
Sun, Apr 5
Deadline for Iran to open Strait of Hormuz is Tuesday evening, Trump tells WSJ
April 5 (Reuters) - U.S. President Donald Trump said his deadline for Iran to open the Strait of Hormuz or face attacks on critical infrastructure is Tuesday evening, according to an interview he gave to the Wall Street Journal published on Sunday."If they don’t do something by Tuesday evening, ...
Reuters
Sun, Apr 5
ADNOC Gas says domestic demand still being met after Habshan attack
April 5 (Reuters) - ADNOC Gas said on Sunday that domestic demand in the UAE was being met through its other facilities after its Habshan complex in Abu Dhabi was hit by debris from an intercepted attack on Friday.The attack, which killed one Egyptian citizen, "caused damage to certain facilitie...
Reuters
Sun, Apr 5
Petronas-chartered tanker loaded with Iraqi crude passes through Hormuz
By Ahmad Ghaddar and Rozanna Latiff LONDON/KUALA LUMPUR, April 5 (Reuters) - An oil tanker loaded with Iraqi crude passed through the Strait of Hormuz close to the Iranian coast, a day after Iran said Iraq was exempt from any restrictions to transit the vital sea route, data from LSEG and Kpler s...
Reuters
Sun, Apr 5
Kuwait Petroleum Corp reports damage at units after Iran drone attacks
April 5 (Reuters) - Iranian drone attacks hit various targets in Kuwait on Sunday, with state energy company Kuwait Petroleum Corporation reporting fires and "severe material damage" at some operating units.KPC said in a statement that teams were working to contain the fires at affiliates Pe...
Reuters
Sun, Apr 5
OPEC+ agrees to boost oil output when Strait of Hormuz reopens
OPEC+ eight members to raise quotas by 206,000 bpd for MayUS-Iran war largely shuts oil traffic via Strait of HormuzWar leads to worst ever oil supply disruptionTanker loaded with Iraqi crude passes through Hormuz, data showsOPEC+ concerned about attacks on energy assetsBy Olesya Astakhova, Alex Law...
Reuters
Sun, Apr 5
Trump says deal with Iran possible by Monday, Fox News reports
April 5 (Reuters) - U.S. President Donald Trump said a deal with Iran is possible by Monday, and that Iran was negotiating, Fox News reported on Sunday following an interview with the president.
Reuters
Sun, Apr 5
Abu Dhabi reports damage at Borouge plant from falling debris
April 5 (Reuters) - Authorities in Abu Dhabi reported damage at petrochemicals company Borouge's plant after falling debris from an air defence interception ignited three fires.No injuries were reported, the emirate's media office said. They did not say what had triggered the air defences. E...
Reuters
Sun, Apr 5
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