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Iran rejects ceasefire in response to proposals and emphasises need for permanent end to war, IRNA says
CAIRO, April 6 (Reuters) - Iran has conveyed its response to the U.S. proposal for ending the war to Pakistan, rejecting a ceasefire and emphasizing the necessity of a permanent end to the war, the official IRNA news agency said on Monday. Iran's response consists of ten clauses, including an en...Reuters
7 minutes ago
India's Reliance buys Venezuelan oil directly from PDVSA, document and data show
By Marianna Parraga April 6 (Reuters) - A unit of India's refiner Reliance Industries has begun loading a 2-million-barrel cargo of Venezuelan heavy crude directly bought from state-run energy company PDVSA, according to a company document and shipping data on Monday.Since Caracas signed a fl...Reuters
8 minutes ago
Russia says Ukraine damaged CPC terminal on the Black Sea with drones
Russia says Ukraine attacked CPC's oil terminalCPC handles about 1.5% of global oil supply Sheskharis oil terminal also hit, sources sayBy Vladimir SoldatkinMOSCOW, April 6 (Reuters) - Russia on Monday said that Ukrainian drones attacked the Caspian Pipeline Consortium's Black Sea terminal, ...Reuters
31 minutes ago
PRESS DIGEST-Canada - April 6
April 6 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL-Barrick MiningABX.TO is slowing development at its Reko Diq copper-gold project in Pakistan due to heightened secur...Reuters
34 minutes ago
FACTBOX-US Henry Hub natgas prices average two-year low for March
By Scott DiSavinoNEW YORK, April 6 (Reuters) - U.S. spot natural gas prices at the Henry Hub benchmark in Louisiana averaged a two-year low for the month of March, pricing data from financial firm LSEG showed.Gas prices averaged $3.06 per million British thermal units (mmBtu) in March, their lowest ...Reuters
40 minutes ago
Spanish wind industry warns EU windfall tax could hurt investment
MADRID, April 6 (Reuters) - Spain's wind industry association AEE warned on Monday that a proposed windfall tax on energy firms' profits could curb investment in renewable energy just as Europe seeks to cut its reliance on fossil fuels.The criticism came after five EU countries, including Sp...Reuters
54 minutes ago
US natgas prices rise with LNG export flows near record high
Waha Hub prices negative for record 41 days due to Permian pipeline constraintsU.S. LNG exports at capacity, limiting response to global price surges from Iran conflictAnalysts see US gas inventories 5% above normal in mild weatherBy Scott DiSavino NEW YORK, April 6 (Reuters) - U.S. natural gas f...Reuters
56 minutes ago
India's Reliance buys Venezuelan oil directly from PDVSA, document and data say
April 6 (Reuters) - A unit of India's refiner Reliance Industries has begun loading a 2-million-barrel cargo of Venezuelan heavy crude directly bought from state-run energy company PDVSA, according to a company document and shipping data on Monday.Reuters
an hour ago
REFILE-US nuclear power regulator phases out agency-led commando drills at plants
By Timothy GardnerWASHINGTON, April 6 (Reuters) - The U.S. nuclear power regulator voted last week to phase out agency-led security inspections at operating reactors, a move a safety advocate said represents a failure in the government's responsibility to protect Americans from attacks on the pl...Reuters
an hour ago
WRAPUP 10-US, Iran study ceasefire plan as deadline nears on Trump's 'hell' threat
Peace proposal targets deal in 15-20 days, source saysTrump threatens strikes, sets Tuesday deadline on deal, Hormuz Iran rejects Strait reopening as part of temporary ceasefireRegional violence persists with high toll, energy sites hit DUBAI/WASHINGTON, April 6 (Reuters) - The United States and...Reuters
an hour ago
PRECIOUS-Gold holds nearly steady with focus on US-Iran tensions
U.S., Iran study ceasefire plan as Trump's warning nears deadlineFed minutes to be released on Wednesday U.S. PCE, CPI data due this week By Ashitha Shivaprasad April 6 (Reuters) - Gold prices were nearly steady on Monday, as market participants stayed cautious and awaited further signals on ...Reuters
an hour ago
Oil edges up in choppy trade; US, Iran receive ceasefire proposal framework
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 increasesRussian supply also disrupted LONDON, April 6 (Reuters) - O...Reuters
an hour ago
CBOT Trends-Wheat down 3-5 cents, corn steady-down 2, soybeans up 1-5
CHICAGO, April 6 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday: WHEAT - Down 3 to 5 cents per bushel CBOT wheat Wv1 lower on sluggish export demand and forecasts for crop-boo...Reuters
2 hours ago
China's Xi urges faster development of new energy system as Middle East war continues
Xi urges safeguards for China's energy securityThe Party Central Committee has advanced the new energy security strategy in depth, says XiChina must stay committed to low-carbon development, he addsBy Liz Lee and Claire Fu BEIJING, April 6 (Reuters) - Chinese President Xi Jinping has called f...Reuters
2 hours ago
Russia says Ukraine damaged CPC mooring point, set reservoirs ablaze in Novorossiysk strike
MOSCOW, April 6 (Reuters) - Russia's defence ministry said on Monday that Ukraine attacked facilities at the maritime transhipment complex in the port of Novorossiysk overnight, damaging a mooring point for the Caspian Pipeline Consortium and causing four oil product reservoirs to catch fire, Ru...Reuters
2 hours ago
Iran's Marvdasht Petrochemical complex attacked by US and Israel, Iranian state media says
April 6 (Reuters) - Iran's Marvdasht petrochemical complex was attacked by the United States and Israel, Iran's state media reported on Monday, the second incident targeting petrochemical sites in last 24 hours. State media said the fire caused by the attack was under control and there was n...Reuters
2 hours ago
PRECIOUS-Gold ticks higher as dollar eases; Iran deal hopes temper oil, inflation concerns
Iran formulates demands in response to ceasefire proposalUS, Iran receive framework of a deal for potential ceasefireMany European markets closed for Easter MondayBy Ishaan Arora April 6 (Reuters) - Gold prices ticked up in thin European trading as the dollar eased and as markets assessed the imp...Reuters
3 hours ago
Gold edges higher as US-Iran ceasefire talks lift market sentiment
Gold (XAU/USD) edges higher on Monday as the US Dollar (USD) softens amid improving market sentiment, with traders reacting to fresh diplomatic developments aimed at ending the US-Iran war. At the time of writing, XAU/USD is trading around $4,691, rebounding from an intraday low near $4,600.
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3 hours ago
Europe gas underprices Hormuz disruption risk, China demand masks impact, Goldman says
April 6 (Reuters) - European gas prices may be underestimating the risks from ongoing Liquefied Natural Gas (LNG) supply disruptions through the Strait of Hormuz, with resilient imports and weak Asian demand masking the impact for now, Goldman Sachs said in a note dated April 2.European natural gas ...Reuters
3 hours ago
Israel strikes Iran's petrochemical complex at Asaluyeh, defence minister says
April 6 (Reuters) - Israel struck Iran's largest petrochemical complex at Asaluyeh on Monday, defence minister Israel Katz said, in what he described as a severe economic blow to Tehran. Several explosions were heard at Iran's South Pars Petrochemical complex in Asaluyeh, Fars news agency re...Reuters
3 hours ago
