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Brazilian prosecutors seek to block $180 million carbon credit deal
By Manuela Andreoni and Ricardo Brito SAO PAULO, June 3 - Brazilian prosecutors are seeking to annul a $180 million carbon offset scheme to support the conservation of the Amazon rainforest that the state of Para signed last year with a coalition of major corporations and wealthy governments, acc...
Reuters
Tue, Jun 3
WRAPUP 2-Ukrainian officials visit US, accuse Russia of silence; Russian strike kills four in Sumy
Ukrainian officials in Washington to drum up US supportSenior Ukrainian official briefs US officials on battlefield Kyiv accuses Moscow of foot-dragging, not responding to proposalsKremlin says should not expect immediate solutionsRussian strike kills four in northern Ukrainian city of SumyUkrainian...
Reuters
Tue, Jun 3
US Cash Grains-Soybean bids up, corn mixed as futures rise
CHICAGO, June 3 (Reuters) - Spot soybean basis bids increased at two elevators while soybean bids were mixed as futures rose and selling remained muted, dealers said. Soybean bids rose at elevators in Ohio and Iowa. The corn basis rose at a Nebraska elevator and declined at an Illinois river termina...
Reuters
Tue, Jun 3
CANADA-CRUDE-Discount on Western Canada Select heavy crude widens; wildfires reduce Canadian output
June 3 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 widened on Tuesday but remained in historically tight territory as wildfires continued to disrupt Canadian oil production.WCS for July delivery in Hardisty, Alber...
Reuters
Tue, Jun 3
US skips hike in UK steel and aluminum tariffs as both countries eye quick trade deal
Reynolds, Greer hold talks in ParisUK Steel warns of 'body blow' if tariffs riseReynolds to meet EU trade commissioner after US talksBy Alistair Smout and Andrea Shalal LONDON/WASHINGTON, June 3 (Reuters) - The United States on Tuesday announced it would skip doubling steel and aluminum t...
Reuters
Tue, Jun 3
Macron and Meloni meet in Rome after tensions on Ukraine, trade
Macron, Meloni differences flared over Ukraine coalitionItaly, France tension on politics, diplomacy, businessLeaders also discussed Libya, Middle East, joint statement saysBy Michel Rose and Angelo Amante PARIS/ROME, June 3 (Reuters) - French President Emmanuel Macron and Italian Prime Minister ...
Reuters
Tue, Jun 3
FAA seeks company to lead building of new US air traffic control system
June 3 (Reuters) - The Federal Aviation Administration has issued a request for information looking for a company to build a "brand new, state-of-the-art" air traffic control system, the U.S. Department of Transportation said in a statement on Tuesday."We have an antiquated air traffic c...
Reuters
Tue, Jun 3
GRAINS-Soybeans buoyed by higher crude oil; wheat sags
Soybean futures rise due to strong crude oil pricesWheat futures decline amid improved US crop ratingsTrump and Xi to discuss trade amid tariff concernsBy Julie Ingwersen CHICAGO, June 3 (Reuters) - U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as stro...
Reuters
Tue, Jun 3
CIF/FOB Gulf Grain-Corn, soy barge bids remain largely steady
CHICAGO, June 3 (Reuters) - Basis bids for corn and soybeans delivered by barge to U.S. Gulf Coast terminals were largely flat on Tuesday, traders said.Farmer sales of both crops remain sluggish as they finish plantings and assess weather forecasts for the summer growing season.A gauge of farmer sen...
Reuters
Tue, Jun 3
US Cash Crude-Grades rise after API shows fall in US crude stocks
June 3 (Reuters) - Grades broadly rose, dealers said on Tuesday, after traders weighed a steep drop in domestic crude stocks. Crude stocks fell by 3.3 million barrels in the week ended May 30, market sources said, citing American Petroleum Institute figures on Tuesday.Curbing gains, fuel inventories...
Reuters
Tue, Jun 3
United States API Weekly Crude Oil Stock climbed from previous -4.236M to -3.3M in May 30
United States API Weekly Crude Oil Stock climbed from previous -4.236M to -3.3M in May 30
Fxstreet
Tue, Jun 3
ONEOK buys remaining stake in Delaware Basin JV for $940 million
June 3 (Reuters) - U.S. pipeline operator ONEOK OKE.N said on Tuesday that it had bought the remaining stake in Delaware Basin JV from NGP XI Midstream Holdings in a cash-and-stock deal valued at $940 million.By acquiring the remaining 49.9% interest, ONEOK has gained sole ownership of the basin, wh...
Reuters
Tue, Jun 3
Barclays Turns Less Cautious On Oil As Fundamentals Better Than Expected, Trade Tensions De-escalation Bolster Demand Outlook
June 3 (Reuters) - Barclays:SAYS THEY TURN LESS CAUTIOUS ON OIL AS SPOT FUNDAMENTALS ARE HOLDING UP BETTER THAN EXPECTED, AND DE-ESCALATION IN TRADE TENSIONS BOLSTER OUTLOOK FOR RESILIENT DEMANDSAYS THEY TURN LESS CAUTIOUS ON OIL ALSO AS SUPPLY HAS BEEN LARGELY IN LINE WITH EXPECTATIONS
Reuters
Tue, Jun 3
US steel, aluminum imports from UK to remain at 25%
WASHINGTON, June 3 (Reuters) - Tariffs on United States' imports of steel and aluminum from the United Kingdom will remain at 25% when imports from other sources will increase to 50% on June 4, according to a proclamation U.S. President Donald Trump signed on Tuesday.
Reuters
Tue, Jun 3
US Navy to rename oil tanker named after gay rights activist Harvey Milk
By Idrees Ali and Phil Stewart WASHINGTON, June 3 - The U.S. Navy will rename an oil tanker that had been named after slain gay rights activist Harvey Milk, U.S. officials told Reuters on Tuesday, the military's latest move under Defense Secretary Pete Hegseth to root out diversity, equity an...
Reuters
Tue, Jun 3
Airlines must ink long-term deals on greener fuels to boost volumes: Bayer exec
MONTREAL, June 3 (Rtrs) - Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday.Airline members of the International Ai...
Reuters
Tue, Jun 3
U.S. nuclear power plant outages
June 3 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...
Reuters
Tue, Jun 3
Centerpoint Energy Emphasizes Preparedness With Critical Resiliency Efforts Completed Before June 1 For 2025 Atlantic Hurricane Season
June 3 (Reuters) - CenterPoint Energy Inc CNP.N:2025 ATLANTIC HURRICANE SEASON: CENTERPOINT ENERGY EMPHASIZES PREPAREDNESS WITH CRITICAL RESILIENCY EFFORTS COMPLETED BEFORE JUNE 1; URGES CUSTOMERS TO HAVE AN EMERGENCY PLAN AND PRACTICE THAT PLAN
Reuters
Tue, Jun 3
US Navy to rename oil tanker named after gay rights activist Harvey Milk
WASHINGTON, June 3 - The U.S. Navy will rename an oil tanker that had been named after slain gay rights activist Harvey Milk, U.S. officials told Reuters on Tuesday, the latest move in the U.S. military under Defense Secretary Pete Hegseth to root out diversity, equity and inclusion. In 2016, the U....
Reuters
Tue, Jun 3
US regulator begins special inspection at Illinois Quad Cities nuclear plant
June 3 (Reuters) - The U.S. Nuclear Regulatory Commission has launched a special inspection at the Quad Cities Generating Station in Illinois, to review two events caused by battery issues, the agency said on Tuesday. Constellation Energy CEG.O operates the two-unit plant in Cordova, Illinois. ...
Reuters
Tue, Jun 3
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