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Oil prices climb as Hormuz stays shut ahead of Trump deadline
Iran faces Trump's 0400 GMT deadline to open Strait of HormuzTrump threatens to order attacks on Iran's bridges, power plantsIran rejects temporary ceasefire, demands permanent end to conflictWTI premium to Brent widensBy Anmol Choubey and Emily Chow SINGAPORE, April 7 (Reuters) - Oil pri...
Reuters
4 minutes ago
TABLE-North Sea gas maintenance schedule: Adds Taqa outage
April 7 (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
5 minutes ago
Oil: War-driven supply risks and security fractures – Rabobank
Rabobank’s Senior Market Strategist Benjamin Picton highlights escalating geopolitical risks around Iran, the Strait of Hormuz and NATO fractures, with direct implications for Oil.
WTI
Fxstreet
6 minutes ago
Kazakhstan says CPC oil exports via Black Sea stable after Russia reports an attack
Russia said on Monday Ukraine attacked CPC loading facilitiesCPC terminal handles about 80% of Kazakhstan’s crude exports ASTANA, April 7 (Reuters) - Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium were stable after Russia's military acc...
Reuters
7 minutes ago
PRECIOUS-Gold muted as Trump's Iran deadline keeps markets cautious
Markets cautious ahead of Trump's midnight deadline for IranIran rejects ceasefire deal; Trump ramps up threatsFed presidents highlight inflation concernsFed March policy meeting minutes due on Wednesday By Pablo Sinha April 7 (Reuters) - Gold prices were muted on Tuesday as nervy investors ...
Reuters
21 minutes ago
TECHNICALS-CBOT corn still targets $4.44-3/4 to $4.46-3/4 range
SINGAPORE, April 7 (Reuters) - CBOT corn CK26 still targets a range of $4.44-3/4 to $4.46-3/4 per bushel, as suggested by a projection analysis.The contract is riding on a wave c, which has briefly travelled twice below the 123.6% projection level of $4.49-1/4. It is highly likely to extend into the...
Reuters
26 minutes ago
China raises domestic retail gasoline, diesel prices again
BEIJING, April 7 (Reuters) - China will raise the maximum retail prices for gasoline and diesel sold domestically by 420 yuan ($61.11) per metric ton and 400 yuan ($58.20) per ton, respectively, from Tuesday night, the country's state planner said. To mitigate the impact of rising international ...
Reuters
30 minutes ago
WRAPUP 2-Under airstrikes, Iran defiant on eve of Trump's ceasefire deadline
Iran says Pakistani mediation efforts at "critical stage"Israel warns Iranians to stay away from trains and railways Deadline approaches on Trump's threat to unleash massive strikes on Iranian infrastructure Oil prices surge as Strait of Hormuz remains closed DUBAI/WASHINGTON, April 7...
Reuters
33 minutes ago
Oil: Supply risks and marginal flow relief – MUFG
MUFG’s Senior Currency Analyst Michael Wan notes that Oil markets remain exposed to the Iran and Middle East conflict, with the Strait of Hormuz still constrained.
Fxstreet
44 minutes ago
Silver Price Forecast: XAG/USD trades almost flat above $72 as Trump’s Iran deadline is in focus
Silver price (XAG/USD) trades broadly flat around $72.50 during the early European trading session on Tuesday. The white metal struggles for a direction as investors await Iran’s final decision over the reopening of the Strait of Hormuz.
Silver
Fxstreet
an hour ago
TECHNICALS-CBOT soybeans neutral in $11.63-1/4 to $11.69-1/2 range
For more technical analyses, please click SINGAPORE, April 7 (Reuters) - The CBOT soybean May contract SK26 looks neutral in a range of $11.63-1/4 to $11.69-1/2 per bushel, and an escape could suggest a direction. The market is undergoing a complex consolidation. A retracement analysis on the downtr...
Reuters
an hour ago
Oil: Middle East tensions keep Brent elevated – Danske Bank
Danske Bank analysts stress that tensions in the Middle East and disruptions around the Strait of Hormuz are keeping Oil markets on edge. Brent has risen to 111 USD/bbl as traders assess risks to global energy supply.
Fxstreet
2 hours ago
Kazakhstan's energy ministry says oil shipment via CPC is stable
MOSCOW, April 7 (Reuters) - Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium were stable.Russia's defence ministry said on Monday that Ukraine attacked facilities at the maritime transshipment complex in the port of Novorossiysk overnight, d...
Reuters
2 hours ago
PRECIOUS-Gold ticks down as Trump's Iran deadline keeps markets cautious
Markets cautious ahead of Trump's midnight deadline for IranIran rejects ceasefire deal; Trump ramps up threatsFed presidents highlight inflation concernsFed March policy meeting minutes due on Wednesday By Pablo Sinha April 7 (Reuters) - Gold ticked down on Tuesday as investors stayed cauti...
Reuters
2 hours ago
China's coal-based urea insulates its farmers from global fertiliser turmoil
China has ample urea to support nitrogen-hungry crops like corn Domestic urea prices only a third of international benchmarksChina unlikely to ease export curbs, some analysts sayBy Ella Cao, Colleen Howe and Naveen Thukral BEIJING/SINGAPORE, April 7 (Reuters) - Farmers around the world may be sw...
Reuters
2 hours ago
Israeli military tells people in Iran to avoid using trains
April 7 (Reuters) - The Israeli military on Tuesday told people in Iran not to use trains or go near railway lines."For the sake of your security, we kindly request that from this moment until 21:00 Iran time, you refrain from using and travelling by train throughout Iran," the military post...
Reuters
2 hours ago
ROI-It's time to end the world's delusions over the Iran energy crisis: Russell
By Clyde Russell LAUNCESTON, Australia, April 7 - The U.S. and Israeli war against Iran has been characterised by a series of miscalculations by most of the involved and peripheral parties, but the real danger is the delusion over the scale of the resulting energy crisis.It is delusional of any n...
Reuters
2 hours ago
RPT-ROI-LME traders were pricing the wrong metal supply crisis: Andy Home
By Andy Home LONDON, April 2 (Reuters) - Metals traders started the year worrying about a looming supply crunch in copper but ended the first quarter facing a very imminent supply crisis in aluminium. The Iran war, now in its fifth week, has dampened some of the speculative frenzy that spilled o...
Reuters
3 hours ago
WTI Price Forecast: Sits near $105.50; eyes four-week top as Trump's Iran deadline looms
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – catches fresh bids during the Asian session on Tuesday and climbs back closer to a nearly four-week high set the previous day.
WTI
Fxstreet
3 hours ago
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Gold
Fxstreet
3 hours ago
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