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BP names Carol Howle as deputy CEO, to oversee portfolio review, strategy
By Stephanie Kelly LONDON, April 2 (Reuters) - BP BP.L named Carol Howle as deputy chief executive on Thursday and said she would oversee the company's ongoing portfolio review and strategy development.Howle, who served as interim chief executive before Meg O'Neill started the top job on ...Reuters
Thu, Apr 2
Russia's Putin and Saudi MBS discuss Middle East, OPEC+ cooperation, Kremlin says
MOSCOW, April 2 (Reuters) - Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed the Middle East crisis and cooperation within OPEC+ in a phone call on Thursday, the Kremlin said."Serious concern was expressed regarding the deteriorating military and political si...Reuters
Thu, Apr 2
RPT-POLL-US natural gas stockpiles likely rose by 34 billion cubic feet last week
April 1 (Reuters) - U.S. energy firms likely added 34 billion cubic feet of natural gas into storage last week, according to the average estimate in a Reuters poll released on Wednesday. The estimate compares with an injection of 30 bcf during the same week a year ago and an average decline of four ...Reuters
Thu, Apr 2
NORDIC POWER-Forward contracts slip, on track for weekly losses
April 2 (Reuters) - Nordic forward power prices slipped on Thursday, with both contracts heading for weekly declines amid forecasts of wetter and milder weather. Nordic front-quarter baseload power contract NSBLQU26 fell 0.66 euros, or 1.4%, to 45.5 euros per megawatt hour (MWh) at 1143 GMT. T...Reuters
Thu, Apr 2
Rivian beats quarterly delivery estimates as EV demand stabilizes
April 2 (Reuters) - Rivian Automotive RIVN.O exceeded analysts' expectations for first-quarter vehicle deliveries, indicating stabilized demand for its SUVs and R1T pickup trucks after a decline last year due to the end of U.S. tax credits for electric vehicles.The Irvine, California-based autom...Reuters
Thu, Apr 2
Gold retreats from two-week highs amid USD, yields rebound after Trump remarks
Gold (XAU/USD) trades on the back foot on Thursday, snapping a four-day rally as initial optimism that the US-Israel war with Iran could end soon faded after US President Donald Trump signaled continued military action in his address to the nation.
Fxstreet
Thu, Apr 2
Germany, China agree on need to reopen Strait of Hormuz, says Berlin
BERLIN, April 2 (Reuters) - Germany and China both want to restore the freedom of navigation in the Strait of Hormuz and agree that individual states must not control sea lanes or levy tolls for passage, the foreign ministry in Berlin said on social media platform X on Thursday.China can exert its i...Reuters
Thu, Apr 2
First Majestic Silver Corp Announces Restart Plan For Jerritt Canyon Gold Mine
April 2 (Reuters) - First Majestic Silver Corp AG.TO:FIRST MAJESTIC SILVER CORP - ANNOUNCES RESTART PLAN FOR JERRITT CANYON GOLD MINE - SEC FILINGFIRST MAJESTIC SILVER CORP - PLANS TO INVEST $75 MILLION IN 2026 TO SUPPORT RESTART OF JERRITT CANYON - SEC FILINGFIRST MAJESTIC SILVER CORP: TARGETING PR...Reuters
Thu, Apr 2
RPT-BREAKINGVIEWS-US will keep dancing to global energy tune
By Gabriel Rubin WASHINGTON, April 1 (Reuters Breakingviews) - American energy independence is the future, insofar as it does not exist today. In March, as Iranian attacks struck energy infrastructure throughout the Persian Gulf, President Donald Trump crowed that “we make a lot of money” when oi...Reuters
Thu, Apr 2
PRECIOUS-Gold slides sharply as oil surges on dimming hopes of end to Iran war
Gold fell over 4% after Trump's address on IranGold snaps 4-day winning streak; set for weekly riseCrude oil prices climb 8% as attacks on Iran to continueDollar emerges as preferred safe haven from Iran warBy Ishaan Arora April 2 (Reuters) - Gold prices dropped sharply on Thursday, pulling b...Reuters
Thu, Apr 2
GLOBAL LNG-Asia spot LNG slips as high prices curb demand
By Emily Chow SINGAPORE, April 2 (Reuters) - Asia spot liquefied natural gas slipped this week as high prices curbed demand, while the start of Golden Pass LNG in the U.S. alleviated some supply concerns.The average LNG price for May delivery into northeast Asia LNG-AS was estimated at $19.00 per...Reuters
Thu, Apr 2
McDonald's launches under $3 menu items and $4 breakfast deals in US
April 2 (Reuters) - McDonald's MCD.N said on Thursday it was introducing menu items priced at $3 or less and offering a $4 breakfast meal deal in the U.S., as restaurants aim to attract price-conscious diners worn down by economic uncertainties.Here are some key details:The burger giant said at ...Reuters
Thu, Apr 2
France launches 12 GW of renewable tenders, champions 'Made in Europe' initiative
Ten out of 12 gigawatts' worth of projects will be offshore wind'Resilience' measures will restrict Chinese wind, solar componentsAdditional domestic requirements to come in 2030By America Hernandez PARIS, April 2 (Reuters) - France announced tenders for seven offshore wind projects t...Reuters
Thu, Apr 2
Russia plans to send second ship with oil to Cuba, Interfax reports
MOSCOW, April 2 (Reuters) - Russia plans to send a second ship carrying oil to Cuba, Interfax news agency reported on Thursday, citing Russian Energy Minister Sergei Tsivilev. He said the cargo is being loaded. On Tuesday, a Russian-flagged tanker carrying some 700,000 barrels of crude docke...Reuters
Thu, Apr 2
OPEC+ likely to weigh further oil output hike on Sunday, sources say
By Olesya Astakhova and Alex Lawler MOSCOW/LONDON, April 2 (Reuters) - OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, two OPEC+ sources said, a move that would position key producers to add more barrels should the Strait of Hormuz - the world's most ...Reuters
Thu, Apr 2
Putin says Russia to help Egypt with grain
MOSCOW, April 2 (Reuters) - President Vladimir Putin said on Thursday that Russia would help Egypt with supplies of grain."Egypt is our partner, and in this regard I would like to say that last year we achieved good results in agriculture, with a good harvest; we have no supply issues and do not...Reuters
Thu, Apr 2
GRAINS-Chicago grains rebound with oil as hopes of swift end to Iran war subside
PARIS/BEIJING, April 2 (Reuters) - Chicago corn, wheat and soybean futures regained ground on Thursday in step with crude oil after a televised address by U.S. President Donald Trump dampened investor hopes of an imminent end to the Iran war.Trump said on Wednesday night that the U.S. will carry out...Reuters
Thu, Apr 2
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