Energy:
1. Canadian Prime Minister Carney: It's time to build Canada into an energy superpower.
2. Spain and Portugal in Europe suffered large-scale power outages. Spanish oil company MOEVE said its refinery was shut down due to power outages.
3. LNG exporter Woodside approved the development of the Louisiana LNG project in the United States. The first batch of LNG is planned to be put into production in 2029.
4.
Barclays: The forecast for Brent crude oil prices in 2025 was lowered by $4 to $70 per barrel. The average price of Brent crude oil is expected to reach $62 per barrel in 2026. It is expected that there will be a daily oversupply of 1 million barrels in the oil market in 2025 and a daily oversupply of 1.5 million barrels in 2026.
US trade policy:
1. The United States and Mexico reached two agreements in the agricultural field.
2. Bessant said India is likely to be one of the first countries to reach a trade agreement.
3. According to The Atlantic: Trump believes that there is no red line that will change the tariff policy.
4. US media: Trump seeks to mitigate the blow caused by auto tariffs, and may take action on Tuesday.
5. According to freight data company statistics, as of April 14, the volume of ship transportation between China and the United States has dropped sharply, down more than 22% week-on-week and 44% year-on-year.
Others:
1. China Iron and Steel Association: Steel companies' profits increased 1.08 times year-on-year in the first quarter.
2. British media: The United States and Ukraine will sign a mineral agreement as early as this week.
3. Ukrainian Prime Minister: Ukraine and the United States agreed to waive the obligation to repay US aid related to the mineral agreement.
