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Europe's jet fuel imports from Middle East stop, raising supply crunch fears
Europe faces jet fuel shortfall as Middle East supply halts, imports hit 4-year lowAirlines, suppliers downplay immediate shortage fears, citing alternative sourcesJet fuel prices surge above $200/barrel, inventories remain tight, Societe Generale saysBy Seher Dareen, Robert Harvey and Ahmad Ghaddar...
Reuters
Tue, Apr 28
WTI Oil rises to $98.00 with the US-Iran peace process stalled
Crude prices appreciated for the second consecutive day on Tuesday, with the US benchmark West Texas Intermediate (WTI) barrel changing hands at $98.00 at the time of writing, its highest price since April 13.
WTI
Fxstreet
Tue, Apr 28
Aramco Suspends Lpg Deliveries Through May On Facility Damage - Bloomberg News
April 28 (Reuters) - ARAMCO SUSPENDS LPG DELIVERIES THROUGH MAY ON FACILITY DAMAGE - BLOOMBERG NEWSSource text: [https://tinyurl.com/58s2x7p2]
Reuters
Tue, Apr 28
GRAINS-Chicago wheat hits highest in nearly two years on weather concerns
PARIS/BEIJING, April 28 (Reuters) - Chicago wheat futures rose on Tuesday to their highest in nearly two years, driven by U.S. drought concerns and strong demand, while corn hit a one-month high.The most active wheat contract on the Chicago Board of Trade (CBOT) Wv1 rose 2% to $6.42-1/4 a bushel by ...
Reuters
Tue, Apr 28
Release of Belarus prisoner is great day for Polish-U.S. alliance, Polish minister says
WARSAW, April 28 (Reuters) - Polish Foreign Minister Radoslaw Sikorski said the release of Polish-Belarusian journalist Andrzej Poczobut from prison in Belarus was a great day for the Polish-U.S. alliance.U.S. President's Special Envoy to Belarus John Coale earlier said his team helped secure th...
Reuters
Tue, Apr 28
Kremlin says Ukrainian attacks on Russian oil sites worsen global shortages, RIA reports
MOSCOW, April 28 (Reuters) - The Kremlin said on Tuesday that Ukrainian strikes on Russian oil depots were further increasing oil shortages on global markets and provoking additional destabilisation, Russian state-run RIA news agency reported.A Ukrainian drone attack caused a major fire at a Russian...
Reuters
Tue, Apr 28
Airlines body chief flags concern for jet fuel shortage in peak summer period
GENEVA, April 28 (Reuters) - The jet fuel crisis triggered by the Iran war has not yet reached the scale of what happened during COVID, but a shortage during the peak summer period in the northern hemisphere is a concern, the head of the International Air Transport Association said.Willie Walsh to...
Reuters
Tue, Apr 28
U.S. says Belarus releases three Poles, two Moldovans from prison
WARSAW, April 28 (Reuters) - U.S. President's Special Envoy to Belarus John Coale said his team helped secure the release of three Poles and two Moldovans from prison in Belarus, he wrote on social media platform X. "We thank Poland, Moldova, and Romania for their invaluable support in this ...
Reuters
Tue, Apr 28
Russia says Europe's drone supplies to Ukraine could have 'unpredictable consequences'
MOSCOW, April 28 (Reuters) - Russia's Defence Minister Andrei Belousov said on Tuesday that Europe's supply of drones to Kyiv for strikes on Russian territory could lead to unpredictable consequences, Interfax news agency reported.Earlier in April the defence ministry said it believed govern...
Reuters
Tue, Apr 28
Brent: Prices hold near recent highs – Deutsche Bank
Deutsche Bank strategists note that Brent Oil has climbed to its highest level in three weeks as the Strait of Hormuz remains effectively closed and peace talks between the United States (US) and Iran stall.
Fxstreet
Tue, Apr 28
PRECIOUS-Gold slips to three-week low as oil climbs, central bank decisions loom
Trump unhappy with latest Iranian proposal, official saysBrent oil rises above $110/bblBOJ keeps rates steady, but hawkish split points to June hikeFed expected to hold rates steady on WednesdayBy Pablo Sinha April 28 (Reuters) - Gold slipped to a more than three-week low on Tuesday, following a ...
Reuters
Tue, Apr 28
Silver Price Forecast: XAG/USD plunges below $73 amid caution ahead of Fed’s policy
Silver price (XAG/USD) is down almost 3% below $73.00 during the European trading session on Tuesday. The white metal faces intense selling pressure as investors turn cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Silver
Fxstreet
Tue, Apr 28
Belarus released journalist Poczobut from prison, Polish PM says
WARSAW, April 28 (Reuters) - Polish-Belarusian journalist Andrzej Poczobut has been released from prison in Belarus, Polish Prime Minister Donald Tusk said on Tuesday."Andrzej Poczobut is free! Welcome to your Polish home, my friend," Tusk wrote on social media platform X, posting a picture ...
Reuters
Tue, Apr 28
CECO Environmental tops Q1 estimates, hikes FY forecast on strong orders
OverviewUS environmental solutions provider's Q1 revenue rose 17%, beating analyst expectationsAdjusted EPS and adjusted net income for Q1 beat analyst expectationsCompany raised full-year 2026 revenue and adjusted EBITDA guidance after record orders and backlogOutlookCECO raises 2026 revenue ou...
Reuters
Tue, Apr 28
Rare Earths Americas targets $368 million valuation in US IPO
April 28 (Reuters) - Rare Earths Americas said on Tuesday it is seeking a valuation of up to $368.4 million in its U.S. initial public offering, as it banks on investor interest due to strong demand for critical minerals used in products ranging from EVs to smartphones.Their importance is driving a ...
Reuters
Tue, Apr 28
Tokyo Gas warns fiscal 2026 profit to fall 40% on higher power procurement costs
No immediate concerns over LNG procurement Limited spot LNG market impact as most supply under long-term contracts Fiscal 2025 net profit triples on strong US shale earningsBy Yuka Obayashi and Katya Golubkova TOKYO, April 28 (Reuters) - Tokyo Gas 9531.T, Japan's biggest city gas provider, on...
Reuters
Tue, Apr 28
Barrick names key executives for North American unit post IPO
April 28 (Reuters) - Barrick Mining ABX.TO said on Tuesday Wessel Hamman will serve as the chief financial officer of the new company that will hold its North American assets following its IPO.Tim Cribb will serve as the chief operating officer, the company added.The planned IPO aims to sharpen oper...
Reuters
Tue, Apr 28
ASA Gold & Precious Metals To Sell Part Of Position In Private Portfolio Company - SEC Filing
April 28 (Reuters) - SEC Filing:ASA GOLD & PRECIOUS METALS LTD - TO SELL PART OF POSITION IN PRIVATE PORTFOLIO COMPANY - SEC FILINGASA GOLD & PRECIOUS METALS LTD - SALE TO OCCUR THROUGH MULTIPLE DEALS AT DIFFERENT PRICES - SEC FILINGASA GOLD & PRECIOUS METALS LTD - DEALS MAY RESULT IN 2-...
Reuters
Tue, Apr 28
Commonwealth becomes first fusion energy firm trying to connect to major US grid
WASHINGTON, April 28 (Reuters) - Commonwealth Fusion Systems, a private U.S. company hoping to build the first company to generate power with a process that mimics the sun, said on Tuesday it has become the first fusion company to apply to join a major power grid operator.Commonwealth, which is plan...
Reuters
Tue, Apr 28
Middle East Crude-Dubai, Murban premiums rebounds as supply concern lingers
SINGAPORE, April 28 (Reuters) - Middle East crude benchmark premiums of Dubai and Murban rebounded on Tuesday as the Iran war persisted and the supply outlook lingered.U.S. President Donald Trump is unhappy with the latest Iranian proposal to end the war, a U.S. official said on Monday, as Iranian s...
Reuters
Tue, Apr 28
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