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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
2 minutes ago
OPEC+ likely to weigh further oil output hike on Sunday, sources say
OPEC+ eight members scheduled to meet on SundayAt last meeting, OPEC+ agreed to raise output by 206,000 bpd in AprilHormuz needs to reopen for oil to reach marketsPause in production hikes is also possible, source saysBy Olesya Astakhova and Alex Lawler MOSCOW/LONDON, April 2 (Reuters) - OPEC+ is...Reuters
12 minutes ago
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
30 minutes ago
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
41 minutes ago
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
46 minutes ago
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
46 minutes ago
EUROPE POWER-German power curve prices rise on gas and oil gains
April 2 (Reuters) - German curve power contracts rose on Thursday morning, following gains in gas and oil markets after President Donald Trump said the U.S. would continue attacks on Iran, increasing fears of prolonged disruptions to energy supplies.The German year-ahead baseload TRDEBYc1 was up 1 e...Reuters
47 minutes ago
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 7% 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
an hour ago
The Canadian GMO mustard wars: Dijon vs canola
Mustard farmers fear GMO hybrid could contaminate non-GMO cropsFrench buyers demand strict non-GMO mustard, risking Canadian supplyBASF plans safeguards for GMO mustard-canola hybrid, faces industry pushbackBy Ed White REGINA, Saskatchewan, April 2 (Reuters) - Farmer Dallas Leduc can't wait f...Reuters
an hour ago
METALS-Copper falls as hopes for quick end to Iran war fade
April 2 (Reuters) - Copper prices fell for the first time in five sessions on Thursday on renewed investor concerns over economic growth after U.S. President Donald Trump vowed more strikes on Iran and gave no specific timeline to end the Middle East conflict.Benchmark three-month copper CMCU3 on th...Reuters
an hour ago
Italy fines Revolut over $13 million for alleged unfair commercial practices
ROME, April 2 (Reuters) - Italy's competition authority said on Thursday it had fined several companies of the Revolut group more than 11.5 million euros ($13.25 million) for alleged unfair commercial practices.The European fintech group made misleading statements about its investment services a...Reuters
2 hours ago
UK to host talks with 35 countries on reopening Strait of Hormuz
US will not be involved in talks Vital oil route effectively shut as Iran war ragesCountries seek ways to reopen waterway after ceasefireBy Andrew MacAskill and Muvija M LONDON, April 2 (Reuters) - Britain will host talks on Thursday aimed at forming a coalition of countries to explore way...Reuters
2 hours ago
Oil prices jump over 7% after Trump says attacks on Iran will continue
Brent, WTI set for biggest absolute, percentage jumps in 3 weeksTrump speech did not clarify when Hormuz might reopenBy Shadia Nasralla LONDON, April 2 (Reuters) - Oil prices climbed nearly 7% on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of ...Reuters
2 hours ago
EUROPE GAS-European gas prices rise as hopes fade on quick end to Iran war
LONDON, April 2 (Reuters) - Benchmark Dutch and British wholesale gas prices rose on Thursday morning, as U.S. President Donald Trump vowed more aggressive strikes on Iran without committing to a specific timeline to end the war, unsettling investors worried about prolonged disruptions to global sup...Reuters
2 hours ago
Ryanair CEO sees oil prices falling soon, reports German magazine
BERLIN, April 2 (Reuters) - Ryanair CEO Michael O'Leary expects oil prices to fall soon and is optimistic that fuel will become cheaper again in the fourth quarter of this year, probably even sooner, according to an interview with Germany's WirtschaftsWoche magazine."It’s not certain whe...Reuters
2 hours ago
South Korea denies report it is considering paying Iran Hormuz transit fees
SEOUL, April 2 (Reuters) - South Korea is not considering paying Iran fees for the passage of Middle Eastern oil and gas through the Strait of Hormuz, the presidential Blue House said on Thursday, denying an earlier local media report."Reviewing the payment of Hormuz transit fees is completely u...Reuters
3 hours ago
TABLE-North Sea gas maintenance schedule: Adds Hatfield outage
April 2 (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.OPERATORLOCATIONOUTA...Reuters
3 hours ago
Australian growers shift to less fertiliser-intensive crops as Iran war costs surge
Australian farmers shift to barley on fertiliser, fuel costs Urea prices jump, diesel costs surge, pressuring farm economicsGlobal fertiliser crunch worsens as Strait of Hormuz disruptedBy Naveen Thukral SINGAPORE, April 2 (Reuters) - Australian farmers are expected to favour less nitrogen-intens...Reuters
3 hours ago
