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US crude premiums climb to record levels as Asia, Europe compete for supply
WTI premiums for Asia jump to $30-$40/bbl for July deliveryRecord premiums lead to wider losses for Asia, Europe refinersBy Florence Tan and Siyi Liu SINGAPORE, April 6 (Reuters) - Spot premiums for U.S. West Texas Intermediate crude have jumped to all-time highs as competition between Asian and ...Reuters
18 minutes ago
GRAINS-Chicago wheat and corn drop on weak export demand
Wheat falls 1.25%, corn down 0.3%, soybeans up 0.15%Lack of demand for U.S. grains adds pressure on pricesIndia seeks urea as Middle East conflict disrupts suppliesBy Naveen Thukral SINGAPORE, April 6 (Reuters) - Chicago wheat slid more than 1% on Monday as concerns over weak export demand weighe...Reuters
38 minutes ago
Iran accuses UN nuclear watchdog of inaction, warns of risk from attacks
DUBAI, April 6 (Reuters) - Inaction by the UN nuclear watchdog "emboldens aggression" against nuclear facilities such as the Bushehr power plant, Iran's atomic energy chief Mohammad Eslami said on Monday in a letter addressed to the International Atomic Energy Agency's director. Esla...Reuters
43 minutes ago
Indonesia to allow airlines to raise fares by up to 13%, minister says
JAKARTA, April 6 (Reuters) - Indonesia will allow airlines to raise ticket prices by increasing the fuel surcharge, while waiving some airline-related taxes, senior economic minister Airlangga Hartarto told reporters on Monday.Airlines are now allowed to raise ticket fares after the government said ...Reuters
47 minutes ago
Saudi Arabia hikes Arab Light crude prices for Asia to record-high premium
April 6 (Reuters) - Saudi Arabia has set the official selling price of May Arab Light crude oil to Asia at a record premium of $19.50 a barrel above the Oman/Dubai average, an increase of $17 from the previous month, Saudi Aramco said on Monday.The sharp jump comes at a time when Middle East oil has...Reuters
48 minutes ago
WRAPUP 4-US and Iran receive peace proposal as Trump vows 'hell' if Strait stays shut
Peace proposal sees comprehensive agreement within 15-20 days, source saysTrump threatens further strikes, sets Tuesday deadline for deal and Strait of Hormuz reopeningIran rejects immediate reopening of Strait, claims lack of U.S. readiness for permanent ceasefireRegional violence continues, with h...Reuters
an hour ago
Saudi Arabia Sets May Arab Light Crude Oil OSP To NW Europe At Plus $27.85/Bbl To Ice Brent Settlement
April 6 (Reuters) - SAUDI ARAMCO 2222.SE:SAUDI ARABIA SETS MAY ARAB LIGHT CRUDE OIL OSP TO UNITED STATES AT PLUS $14.60/BBL VERSUS ASCISAUDI ARABIA SETS MAY ARAB LIGHT CRUDE OIL OSP TO NW EUROPE AT PLUS $27.85/BBL TO ICE BRENT SETTLEMENTReuters
an hour ago
TABLE-North Sea gas maintenance schedule
April 6 (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
2 hours ago
PRECIOUS-Gold slips as raging Iran war, strong US jobs data lift dollar
US labour market posts largest jobs gain in 15 monthsTrump threatens "hell" for Tehran if Strait of Hormuz not reopenedMany Asian, European markets closed for holidayBy Pablo Sinha April 6 (Reuters) - Gold prices slipped on Monday as a firmer U.S. dollar, buoyed by a strong U.S. jobs...Reuters
2 hours ago
TECHNICALS-CBOT corn may fall into $4.44-3/4 to $4.46-3/4 range
SINGAPORE, April 6 (Reuters) - CBOT corn CK26 may fall into a range of $4.44-3/4 to $4.46-3/4 per bushel range, driven by a wave c.A projection analysis reveals that this wave has briefly travelled twice below the 123.6% projection level of $4.49-1/4. It is highly likely to extend into the range of ...Reuters
2 hours ago
Oil prices little changed as market assesses supply disruptions due to war
Strait of Hormuz closure disrupts Middle East oil exports, refiners seek alternativesTrump threatens further action if Strait remains closedIran allows passage for select vesselsOPEC+ agrees modest output rise, war limits actual increases Russian supply also disrupted SINGAPORE, April 6 (Reuters)...Reuters
2 hours ago
Russia says eight injured in Ukrainian drone attacks on Novorossiysk
Novorossiysk is Russia's largest Black Sea oil portAuthorities did not say if the port was attackedArea includes CPC oil terminal exporting Kazakh crudeRussia says it shot down 148 drones in three hours on SundayPower outages hit nearly 500,000 homes in Donetsk MOSCOW, April 6 (Reuters) - At lea...Reuters
2 hours ago
TECHNICALS-CBOT soybeans may retest support at $11.58
For more technical analyses, please click SINGAPORE, April 6 (Reuters) - The CBOT soybean May contract SK26 may retest a support at $11.58 per bushel, a break below which could open the way toward $11.48-1/4 to $11.52-3/4 range.The consolidation over the past week has been confined within a rising c...Reuters
3 hours ago
PRESS DIGEST-Wall Street Journal - April 6
April 6 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.- Paramount Skydance PSKY.O is in talks to secure signed equity commitments of close to $24 billion from three sovereign-wealth funds led by ...Reuters
3 hours ago
WTI eases below $103.50 as US, Iran reportedly seeking 45-day ceasefire
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $103.30 during the early European trading hours on Monday. The WTI price retreats after reports that the United States (US) and Iran are making a push for a 45-day ceasefire.Fxstreet
3 hours ago
Saudi Arabia hikes Arab Light May OSP for Asia by $17/bbl
April 6 (Reuters) - Saudi Arabia has set the official selling price to Asia of May Arab Light crude oil at $19.50 a barrel above the Oman/Dubai average, or an increase of $17 from the previous month, a pricing document reviewed by Reuters showed on Monday.Reuters
4 hours ago
Iran Parliament Speaker condemns Trump threats over energy infrastructure
Iran’s parliamentary speaker Mohammad Baqer Qalibaf condemned US President Donald Trump’s threats to target energy and transport infrastructure, saying he was being misled by Israel’s Prime Minister Benjamin Netanyahu, Reuters reported on Monday.Fxstreet
4 hours ago
UAE says the use of Hormuz must be guaranteed in any US-Iran deal
UAE says any US-Iran solution must ensure free Hormuz passage Ceasefire must address Iran's missiles, drones, nuclear risksIran strikes backfire, drive Gulf states closer to WashingtonUAE ready to join US-led efforts to secure shipping in Hormuz By Samia Nakhoul and Maha El Dahan Dubai, Apri...Reuters
4 hours ago
