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SOFTS-Raw sugar hits three-week high while cocoa also climbs
LONDON, April 29 (Reuters) - Raw sugar futures on ICE rose to a three-week high on Wednesday, boosted by further gains in energy markets, while cocoa prices also climbed.SUGARRaw sugar SBc1 was up 2.3% at 14.43 cents per lb by 1352 GMT after touching its highest since April 8 at 14.49 cents.Higher e...Reuters
Wed, Apr 29
Mexico to require public projects use local steel after US tariffs
MEXICO CITY, April 29 (Reuters) - Mexico's President Claudia Sheinbaum on Wednesday announced an agreement to require that all public work projects in the country use steel from Mexican companies.The move comes after U.S. President Donald Trump imposed steep 50% tariffs on steel and aluminum las...Reuters
Wed, Apr 29
Aercap CEO: No material assistance agreed with airlines to offset fuel costs
April 29 (Reuters) - AerCap Holdings NV AER.N Q1 investor call:AERCAP CEO: WOULD NEVER WRITE OFF THE MIDDLE EASTERN CARRIERS, THEY WILL BE BACKAERCAP CEO: WOULD HAVE TO TAKE A VERY SIGNIFICANT PERIOD OF TIME BEFORE GULF STATE-OWNED AIRLINES LET ORDERS GO, MAY RELY MORE ON LESSORS TO FINANCE AIRCRAFT...Reuters
Wed, Apr 29
US natural gas futures dip on ample storage and weaker demand
Waha Hub prices negative for record 58 days in a row due to pipeline constraints in Permian regionMild weather on track to boost storage levels to 8% above normalUS gas output dips as low prices prompt producers like EQT to cut productionBy Scott DiSavino NEW YORK, April 29 (Reuters) - U.S. natur...Reuters
Wed, Apr 29
PRECIOUS-Gold extends decline as inflation worries linger, Fed meeting looms
Trump urges Iran to sign a deal Fed likely to hold rates steadyTotal gold demand up 2% y/y in Q1, WGC says By Ashitha Shivaprasad April 29 (Reuters) - Gold prices fell for a third straight session on Wednesday, as inflation worries tied to the ongoing conflict in the Middle East clouded the outlo...Reuters
Wed, Apr 29
China agreed to work with Australian businesses on jet fuel, Australia FM says
BEIJING, April 29 (Reuters) - The Chinese government has agreed to cooperate with Australian businesses on jet fuel shipments, Australia's Foreign Minister Penny Wong told reporters on Wednesday during a trip to Beijing.Australia is committed to further practical cooperation with China in areas ...Reuters
Wed, Apr 29
Aircraft lessor AerCap says prolonged high oil prices could bring opportunities
DUBLIN, April 29 (Reuters) - Higher fuel prices for between three and six months would pressure the airline industry, but could bring benefits for aircraft lessors, the world's largest aircraft leasing company, AerCap AER.N said on Wednesday.Prolonged high fuel prices could contribute to an acce...Reuters
Wed, Apr 29
Czech watchdog halts collusion probe into CEZ, EP Energy, Veolia Energie
PRAGUE, April 29 (Reuters) - The Czech Republic's anti-monopoly watchdog said on Wednesday it had suspended proceedings against utilities CEZ CEZP.PR, EP Energy and Veolia Energie for suspected collusion in auctions under a state scheme.The anti-monopoly office UOHS started an investigation into...Reuters
Wed, Apr 29
Russia yet to decide on return of personnel to Iran's Bushehr nuclear plant, IFX reports
MOSCOW, April 29 (Reuters) - Russia has not yet taken a decision on whether to return its personnel to the Bushehr nuclear power plant, Alexei Likhachev, head of Russia's state nuclear corporation Rosatom, was quoted by the Interfax news agency as saying on Wednesday.Reuters
Wed, Apr 29
Trump, met with Chevron, other energy companies on Tuesday
WASHINGTON, April 29 (Reuters) - U.S. President Donald Trump met with top officials from Chevron CVX.N and other energy companies on Tuesday to discuss a range of topics, including U.S. oil production, oil futures, shipping and natural gas, a White House official said on Wednesday.Chevron's spok...Reuters
Wed, Apr 29
Gold holds near one-month lows ahead of Fed decision as higher-for-longer rates weigh
Gold (XAU/USD) trades on the back foot on Wednesday, consolidating near one-month lows as traders refrain from directional bets ahead of the Federal Reserve’s (Fed) monetary policy announcement due later in the American session at 18:00 GMT.
Fxstreet
Wed, Apr 29
GRAINS-Chicago wheat near 2-year high, corn at 1-year high on weather concerns
PARIS/BEIJING, April 29 (Reuters) - Chicago wheat futures hit their highest point in nearly two years on Wednesday, while corn hit a one-year high, supported by weather concerns in the U.S. and a rise in crude oil prices linked to the Iran war. The most-active wheat contract on the Chicago Board of ...Reuters
Wed, Apr 29
Petrovietnam Gas receives LNG, LPG cargos from Australia, US
HANOI, April 29 (Reuters) - Vietnam's top gas firm Petrovietnam Gas GAS.HM said on Wednesday it has taken deliveries of gas cargoes from Australia and the U.S. to meet domestic demand. They include a 71,000- metric ton cargo of liquefied natural gas from Australia and a 45,000-ton cargo of lique...Reuters
Wed, Apr 29
Canada's Amerigo Q1 net income jumps on higher copper prices
OverviewCanada copper producer's Q1 net income rose to $14.7 mln, EBITDA reached $32.8 mlnCompany's results driven by higher copper production, lower costs, and record copper pricesAmerigo returned $16.5 mln to shareholders via dividends and buybacks in Q1OutlookAmerigo declares C$0.04 per s...Reuters
Wed, Apr 29
UAE reviewing multilateral ties after OPEC exit but rules out more departures, official says
DUBAI, April 29 (Reuters) - The United Arab Emirates is reassessing its role and contributions across multilateral organisations but is not considering any further withdrawals at this time, a UAE official told Reuters on Wednesday, a day after Abu Dhabi announced its withdrawal from OPEC.The Emirati...Reuters
Wed, Apr 29
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