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WTI Rallies Back Closer to $99.00 as Trump’s Comments Dampen Iran De-escalation Hopes
West Texas Intermediate (WTI) Crude Oil prices catch aggressive bids during the Asian session on Thursday and surge past the $97.00 mark as US President Donald Trump's prime-time address gets underway.
Fxstreet
42 minutes ago
Trump Speech Triggers Sharp Short-Term Gold Volatility, Erasing Over $100 Intraday
TradingKey - During the early Asian session on Thursday (April 2), sentiment in the gold market reversed sharply as U.S. President Trump began delivering a national address regarding the situation in Iran. Previously, bolstered by a weakening U.S. dollar, spot gold had climbed for the fourth consecu
TradingKey
52 minutes ago
Oil jumps over 4% after Trump says U.S. to keep up attacks on Iran
SINGAPORE, April 2 (Reuters) - Oil prices climbed more than $4 on Thursday after President Donald Trump said the United States would continue to attack Iran, including energy and oil targets over the next few weeks, and did not commit to a specific timeline to end the war.Brent crude futures LCOc1 r...Reuters
19 minutes ago
DHS cancels policy requiring secretary to review contracts over $100,000
By Jasper Ward WASHINGTON, April 1 (Reuters) - U.S. Homeland Security Secretary Markwayne Mullin on Wednesday rescinded a policy requiring the secretary to approve contracts over $100,000, the Department of Homeland Security said.The news followed a re-evaluation of the department's contract ...Reuters
22 minutes ago
PRESS DIGEST-Financial Times - April 2
April 2 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- SpaceX filing kicks off largest IPO process in history- France probes Iran links in thwarted attack on Bank of America- Spanish defenc...Reuters
53 minutes ago
GRAINS-Chicago soybean, grain futures dip as traders brace for Trump's speech on Iran
BEIJING, April 2 (Reuters) - Chicago Board of Trade corn, wheat, and soybean futures dropped on Thursday as markets awaited an address from U.S. President Donald Trump that could signal a U.S. pullback from the war in Iran. FUNDAMENTALSThe most-active soybean contract Sv1 was down 0.3% at $11.6...Reuters
an hour ago
Main US gasoline pipeline to East Coast shut after damage in Georgia
By Anmol Choubey and Shariq Khan April 1 (Reuters) - Colonial Pipeline said on Wednesday it has shut Line 1, the main gasoline delivery system from the U.S. Gulf Coast to major consumer markets along the East Coast, after a third party damaged the line in Paulding County, Georgia, on Tuesday.The ...Reuters
2 hours ago
Oil prices drop on hopes of US pullback from Iran war
By Colleen Howe BEIJING, April 2 (Reuters) - Oil prices fell more than $1 early on Thursday as markets awaited an address to the nation by President Donald Trump that could signal a U.S. pullback from the war in Iran. Brent crude futures LCOc1 fell $1.16, or 1.15%, to $100 per barrel by 1204 GMT....Reuters
2 hours ago
Australia's KGL Resources inks $300 million streaming deal with Wheaton Precious Metals
April 2 (Reuters) - Australian miner KGL Resources KGL.AX said on Thursday it had entered into a $300 million precious metals streaming deal with a unit of Canada's Wheaton Precious Metals WPM.TO for a part of the gold and silver produced at its Jervois copper project.Shares of KGL rose as much ...Reuters
2 hours ago
Trump says US has plenty of jet fuel for Europe, market disagrees
US jet fuel exports are well short of Hormuz supply gapUS is top consumer of jet fuel and typically needs importsHigher exports could drive up US jet fuel pricesBy Shariq Khan NEW YORK, April 1 (Reuters) - President Donald Trump this week told countries struggling to get jet fuel due to Iran'...Reuters
2 hours ago
Gold rises on softer US Dollar, traders await Trump's address on Iran war
Gold price (XAU/USD) extends the rally to near $4,775 during the early Asian session on Thursday. The precious metal surges amid a weakening US Dollar (USD) and cooling geopolitical tensions in the Middle East.Fxstreet
3 hours ago
KGL Resources Signs $300 Mln Agreement With Wheaton
April 2 (Reuters) - KGL Resources Ltd KGL.AX:US$300MILL AGREEMENT FOR AG AND AU STREAMING WITH WHEATONENTERED PRECIOUS METALS PURCHASE AGREEMENT WITH WHEATON PRECIOUS METALS INTERNATIONALPMPA WILL, IN PART, FUND CONSTRUCTION AND DEVELOPMENT OF JERVOIS COPPER PROJECT IN NORTHERN TERRITORY, AUSTRALIAReuters
3 hours ago
Wheaton Precious Metals Acquires A Gold & Silver Stream On Jervois Project Via Partnership With KGL Resources
April 1 (Reuters) - Wheaton Precious Metals Corp WPM.TO:WHEATON PRECIOUS METALS ANNOUNCES ACQUISITION OF A GOLD AND SILVER STREAM ON THE JERVOIS PROJECT THROUGH A PARTNERSHIP WITH KGL RESOURCESWHEATON PRECIOUS METALS CORP - WPMI TO PAY KGL $275 MILLION UPFRONT CASH CONSIDERATIONWHEATON PRECIOUS META...Reuters
3 hours ago
Colonial Pipeline shuts gasoline Line 1 after damage from third-party crew in Georgia
April 1 (Reuters) - Colonial Pipeline said on Wednesday it has shut its Line 1 gasoline pipeline after a third-party well-drilling crew damaged the pipeline in Paulding County, Georgia, on Tuesday.Line 1 delivers some 1.5 million barrels of gasoline each day from Houston, Texas, to storage tanks in ...Reuters
3 hours ago
Auto industry group calls for scrapping US gas tax, adopting vehicle fee
By David ShepardsonApril 1 (Reuters) - The head of a group representing nearly all major automakers on Wednesday called for scrapping the U.S. government's 18.4-cent per gallon tax on gasoline and replacing it with a vehicle fee to pay for road repairs.John Bozzella, who heads the Alliance for A...Reuters
3 hours ago
Australia to offer businesses $693 million in cheap loans to ease fuel cost pressure
By Renju Jose SYDNEY, April 2 (Reuters) - Australia will provide up to A$1 billion ($693 million) in interest-free loans to critical businesses, including transport operators and fertiliser producers, Prime Minister Anthony Albanese will say on Thursday, as they grapple with surging fuel costs.Th...Reuters
4 hours ago
Venezuela's oil exports surpassed 1 million bpd for the first in 6 months, shipping data shows
Trading houses carried about 58% of total oil exportsChevron's shipments of Venezuelan oil rose to 267,000 bpdLarger vessels bound for India helped drain stocksBy Marianna Parraga and Mircely GuanipaApril 1 (Reuters) - Venezuela's monthly oil exports surpassed 1 million barrels per day in Ma...Reuters
4 hours ago
LIVESTOCK-US cattle futures climb higher on technical trading; USDA weighs reopening Mexico border
By P.J. HuffstutterCHICAGO, April 1 (Reuters) - Chicago Mercantile Exchange cattle futures continued to rise on Wednesday on technical trading and expectations of strong grilling season demand, as feeder cattle futures shook off early session pressure over the potential of the U.S.-Mexican border re...Reuters
4 hours ago
Venezuela's oil exports surpassed 1 million bpd for the first in 6 months -shipping data
April 1 (Reuters) - Venezuela's oil exports surpassed 1 million barrels per day in March, the first time since September, with sales to refiners in India and shipments by trading houses to the Caribbean for storage pushing up the volumes, according to ship tracking data.Reuters
5 hours ago
Auto industry group calls for scrapping US gas tax, adopting vehicle fee
April 1 (Reuters) - The head of a group representing nearly all major automakers on Wednesday called for scrapping the U.S. government's 18.4-cent per gallon tax on gasoline and replacing it with a vehicle fee to pay for road repairs.John Bozzella, who heads the Alliance for Automotive Innovatio...Reuters
5 hours ago
