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Indian refiners' March crude processing slips 1.8% from a year earlier
April 29 (Reuters) - Indian refiners' crude throughput slipped 1.8% year-on-year in March to 5.55 million barrels per day (23.48 million metric tons), provisional government data showed on Tuesday.India is the world's third-biggest oil importer and consumer. Here are some more details: R...
Reuters
Wed, Apr 29
Oil: UAE exit reshapes supply outlook – Commerzbank
Commerzbank’s Dr. Henry Hao and Charlie Lay note Brent and WTI extended gains as the United Arab Emirates announced it will leave OPEC (Organization of Petroleum Exporting Countries) on 1 May, after years of tension with Saudi Arabia over output policy.
WTI
Fxstreet
Wed, Apr 29
TABLE-North Sea gas maintenance schedule: Adds Atwick outage
April 29 (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.OPERATORLOCATIONOUT...
Reuters
Wed, Apr 29
Iran war, jet fuel concerns cloud airlines' summer holiday plans
Iran war has disrupted routes, pushed up jet fuel pricesCrisis seen as biggest for aviation since COVID-19 pandemicAirline executives say pandemic was on a different scaleEuropean carriers set to unveil first-quarter earningsJet fuel supply robust, summer rush could see shortagesBy Joanna Plucinska ...
Reuters
Wed, Apr 29
Surging gold bar purchases led total bullion demand up 2% y/y in Q1
Buying by central banks rose 3% y/y to 244 T in Q1, WGC estimatesGold jewellery fabrication fell 23% to 335 T, to remain weak in 2026Demand for gold bars and coins surged 42% to 474 T led by ChinaBy Polina Devitt LONDON, April 29 (Reuters) - Global gold demand rose 2% year-on-year to 1,230.9 metr...
Reuters
Wed, Apr 29
Gold Steady as Markets Await Powell’s Comments on Iran War Impact
Trump unhappy with latest Iran peace proposalFed expected to hold rates steady later in the dayBrent crude oil remained above $110 a barrelBy Noel John April 29 (Reuters) - Gold was largely steady on Wednesday, as investors awaited U.S. Federal Reserve Chair Jerome Powell's comments to gauge ...
Reuters
Wed, Apr 29
WTI Hovers Around $97.00 Following Reports of US to Extend Iran Blockade
West Texas Intermediate (WTI) oil price remains in the negative territory after experiencing volatility, trading around $97.00 per barrel during the Asian hours on Wednesday.
WTI
Fxstreet
Wed, Apr 29
Silver advances above $73.50 as traders await Fed rate decision
Silver price (XAG/USD) rises to around $73.85 during the early European trading hours on Wednesday. Markets might turn cautious ahead of the US Federal Reserve (Fed) interest rate decision. Traders will also closely monitor the development surrounding the ongoing conflict between the US and Iran.
Silver
Fxstreet
Wed, Apr 29
Oil slips as market digests UAE exit from OPEC, supply concerns linger
Benchmarks off multi-day rally amid Strait of Hormuz closureUAE's exit unlikely to boost near-term supply, analysts sayUS to extend Iran port blockade, WSJ saysUS crude, gasoline, distillate inventories fall for second weekBy Sam Li and Siyi Liu BEIJING/SINGAPORE, April 29 (Reuters) - Oil pri...
Reuters
Wed, Apr 29
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
Gold
Fxstreet
Wed, Apr 29
Gold steadies around $4,600; bears have the upper hand ahead of Fed decision
Gold (XAU/USD) is seen consolidating around the $4,600 mark during the Asian session as traders keenly await the outcome of a two-day FOMC policy meeting, due later this Wednesday.
Gold
Fxstreet
Wed, Apr 29
Sinopec refinery utilisation drops, but chemical exports rise due to Iran war
By Chen Aizhu SINGAPORE, April 29 (Reuters) - China's Sinopec 600688.SS on Wednesday said its refinery and petrochemical utilisation rates dropped in the first quarter as the U.S.-Israeli war on Iran disrupted feedstock supplies, but its chemical exports are set for strong growth this year. ...
Reuters
Wed, Apr 29
REFILE-Sinopec refineries cut Q1 production, LNG import business incurs $121 mln loss
SINGAPORE, April 29 (Reuters) - China's Sinopec Corp 600688.SS said on Wednesday its refineries cut production by around 7.6 percentage points on an annualised basis in the first quarter of 2026, with utilisation rates averaging around 83%.Formerly known as China Petroleum & Chemical Corp, S...
Reuters
Wed, Apr 29
Tropical forest loss eases in 2025 from record high, report shows
Brazil's anti-deforestation policies drove a 36% drop in tropical forest loss, report findsAgricultural expansion remains main driver, with policy reversals threatening future progressClimate change intensifies fires, turning forests into carbon sources, warns World Resources InstituteCanada saw...
Reuters
Wed, Apr 29
PRESS DIGEST-British Business - April 29
April 29 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Britain's John Lewis is pushing further into the fast-growing beauty market with the opening of i...
Reuters
Wed, Apr 29
PRECIOUS-Gold steady as markets await Powell's comments on Iran war impact
Trump unhappy with delaying deal on nuclear programmeFed expected to hold rates steady later in the dayBrent crude oil remained above $110 a barrelBy Noel John April 29 (Reuters) - Gold was largely steady in choppy trade on Wednesday as investors awaited U.S. Federal Reserve Chair Jerome Powell...
Reuters
Wed, Apr 29
PRESS DIGEST-Financial Times - April 29
April 29 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. HeadlinesLift maker Kone close to finalising 29 billion euro deal to buy TK ElevatorPernod Ricard ends pursuit of Jack Daniel’s maker Brown...
Reuters
Wed, Apr 29
US President Donald Trump Asks Aides to Prepare for Extended Blockade of Iran — WSJ
The US officials said that President Donald Trump instructed aides to prepare for an extended blockade of Iran, the Wall Street Journal reported on Wednesday.
WTI
Fxstreet
Wed, Apr 29
Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions
US to extend Iran port blockade, risking prolonged Middle East supply disruptions, WSJ reportsBrent, WTI crude on multi-day rally amid ongoing Strait of Hormuz shutdownUS crude, gasoline, and distillate inventories fall for second weekBy Sam Li and Lewis Jackson BEIJING, April 29 (Reuters) - Oil ...
Reuters
Wed, Apr 29
China's Huayou cuts output at Indonesian nickel plant as sulphur costs surge
By Dylan Duan and Lewis Jackson April 28 (Reuters) - Zhejiang Huayou Cobalt 603799.SS said on Tuesday that its Indonesian unit will temporarily halt some production lines from May 1, slashing about half of the plant's output, after rising sulphur prices lifted costs at one of its key batter...
Reuters
Wed, Apr 29
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