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US judge extends Citgo auction's schedule, moves final hearing to August
Auction's winner must be recommended by July 2Once confirmed, winner will need approval by the US Treasury Judge Stark still on course to finalize proceedings by late Q3 By Marianna Parraga HOUSTON, June 11 (Reuters) - A U.S. judge in Delaware has extended the schedule for a court-organized a...
Reuters
Wed, Jun 11
China's Copper ore imports are falling from record highs – Commerzbank
China's export growth slowed more sharply than most analysts had expected in May. Apparently, the 90-day moratorium on most tariffs has not been as effective as anticipated, Commerzbank's commodity analyst Carsten Fritsch notes.
Fxstreet
Wed, Jun 11
US refiner crude oil input rose last week to highest since 2019, EIA says
NEW YORK, June 11 (Reuters) - U.S. refiner net input of crude oil rose 228,000-barrels-per-day (bpd) last week to 17.34 million bpd, the highest since December 2019, data from the Energy Information Administration showed on Wednesday.The surge came as refiners in the U.S. Gulf Coast hub cranked up t...
Reuters
Wed, Jun 11
CANADA RESEARCH ROUNDUP-Boyd, Nexus Industrial, Western Copper and Gold
June 11 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Boyd Group Services ,Nexus Industrial and Western Copper and Gold on Wednesday. HIGHLIGHTS * Boyd Group Services Inc BYD.TO: Stephens initiates coverage with overweight rating * ...
Reuters
Wed, Jun 11
United States EIA Crude Oil Stocks Change below forecasts (0.1M) in June 6: Actual (-3.644M)
United States EIA Crude Oil Stocks Change below forecasts (0.1M) in June 6: Actual (-3.644M)
Fxstreet
Wed, Jun 11
Silver slips as price retreats from overbought territory on easing US-China trade talks
Silver prices are easing on Wednesday, retreating from multi-year highs as bullish momentum fades and traders lock in profits.
Silver
Fxstreet
Wed, Jun 11
US judge extends Citgo auction's calendar, final hearing moved to Aug
HOUSTON, June 11 (Reuters) - A U.S. judge in Delaware has approved a calendar extension for a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, moving the sales process' final hearing to August 18, according to a filing on Wednesday.The new calendar, app...
Reuters
Wed, Jun 11
US natgas prices edge up on rising demand, signs of higher flows to Cameron LNG
Cameron LNG showing signs of exiting maintenance reductionGas storage on track for 7th triple digit injectionGas storage injections hit monthly record high in May By Scott DiSavino June 11 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on forecasts for more demand this week t...
Reuters
Wed, Jun 11
Travelers Offers Tips To Prepare For Hurricane Season
June 11 (Reuters) - Travelers Companies Inc TRV.N:TRAVELERS OFFERS TIPS TO PREPARE FOR HURRICANE SEASON
Reuters
Wed, Jun 11
Silver Storm Closes Final Tranche Of $12,012,000 Brokered Life Financing
June 11 (Reuters) - Silver Storm Mining Ltd SVRS.V:SILVER STORM CLOSES FINAL TRANCHE OF $12,012,000 BROKERED LIFE FINANCING
Reuters
Wed, Jun 11
CBOT Trends-Wheat up 3-5 cents, corn up 3-6 cents, soy up 3-5 cents
CHICAGO, June 11 (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 Wednesday: WHEAT - Up 3 to 5 cents per bushelCBOT wheat ticked up as U.S. President Donald Trump said on Wednesday the...
Reuters
Wed, Jun 11
UK to invest 9.4 billion pounds in carbon capture and storage
LONDON, June 11 (Reuters) - Britain will invest 9.4 billion pounds ($12.73 billion) in technology to capture and store carbon dioxide emissions, government documents published on Wednesday showed, as finance minister Rachel Reeves set out near-term spending plans.Projects being supported include the...
Reuters
Wed, Jun 11
UK to invest billions in Scotland, Wales and Northern Ireland, Reeves says
LONDON, June 11 (Reuters) - British finance minister Rachel Reeves announced on Wednesday, in her first multi-year spending review, 52 billion pounds ($70.15 billion) of investment for Scotland, 23 billion for Wales and 20 billion for Northern Ireland. "This government takes seriously its commi...
Reuters
Wed, Jun 11
CPC pipeline daily oil supplies in May down 6% from April
MOSCOW, June 11 (Reuters) - The Caspian Pipeline Consortium (CPC) reduced daily oil pumping in May by 6% from April to 5.906 million metric tons (1.51 million barrels per day), according to an industry source and Reuters calculations. CPC, which carries more than 80% of all Kazakh oil exports, co...
Reuters
Wed, Jun 11
Oklo moves closer to nuclear power agreement with US Air Force
WASHINGTON, June 11 (Reuters) - Oklo OKLO.N, a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor. WHY IT'S IMPORTANTNuclear power...
Reuters
Wed, Jun 11
EXCLUSIVE-Frustrated by Mexico's Pemex, Hokchi Energy pushed to change who buys its oil, sources say
Pemex is often months behind on payments for oil and gasState company's commercial arm PMI is seen as more reliableHokchi Energy is owed some $380 mln by Pemex, source saysBy Ana Isabel Martinez, Adriana Barrera and Stefanie Eschenbacher MEXICO CITY, June 11 (Reuters) - Mexico's Hokch...
Reuters
Wed, Jun 11
Gold edges higher ahead of US CPI inflation
Gold (XAU/USD) is trading higher during the European session on Wednesday as investors adopt a cautious stance ahead of key US inflation data. The precious metal gains modest ground, hovering above $3,330 at the time of writing.
Gold
Fxstreet
Wed, Jun 11
Russia says it's ready to remove highly enriched uranium from Iran
Russia says efforts for a deal should be redoubledMoscow says ready to accept nuclear materials By Guy Faulconbridge and Parisa Hafezi MOSCOW, June 11 (Reuters) - Russia said on Wednesday it stood ready to remove highly enriched uranium from Iran and convert it into civilian reactor fuel as a pot...
Reuters
Wed, Jun 11
REFILE-Peru turns to China as US tariffs squeeze blueberry exports
Peru the No. 1 blueberry exporter globally, top supplier to USALocal growers are looking to diversify markets amid trade warPeru, USA have a free trade agreement dating back to 2009By Marco Aquino PISCO, Peru, June 11 (Reuters) - In Peru's Pisco Desert, rows of blueberry bushes towering as mu...
Reuters
Wed, Jun 11
GRAINS-Soy near 2-week high on US-China trade hopes, corn and wheat recover
US, China agree on framework to put trade truce back on trackCorn moves away from 6-month low, wheat snaps 2-day fallFavourable US and global crop prospects hang over grain marketBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 11 (Reuters) - Chicago soybean prices ticked up on Wednesday t...
Reuters
Wed, Jun 11
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