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United States API Weekly Crude Oil Stock above expectations (-2.26M) in June 27: Actual (0.68M)
United States API Weekly Crude Oil Stock above expectations (-2.26M) in June 27: Actual (0.68M)
Fxstreet
Tue, Jul 1
Delek Reports Emissions At Tyler, Texas, Refinery
July 1 (Reuters) - Delek DK.N:REPORTS "EXCESS OPACITY ONLY" OCCURRED AT THE NO. 9 BOILER STACK DURING FCCU RE-START REQUIRED AFTER A POWER DISRUPTION AT TYLER, TEXAS, REFINERY ON JUNE 30REFINERY CAPACITY: 74,000 BARRELS PER DAYSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITY FILING
Reuters
Tue, Jul 1
Med crude-Urals diffs stable, Kazakhstan's oil output rose in June
MOSCOW, July 1 (Reuters) - Urals oil differentials to dated Brent were unchanged again on Tuesday in quiet trade, while Kazakhstan's oil output rose in June by 7.5% from May, sources said.Oil output in Kazakhstan returned to growth last month and matched an all-time high, as the Chevron-led CVX....
Reuters
Tue, Jul 1
Deals of the day-Mergers and acquisitions
July 1 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Tuesday:** Greek gaming firm Intralot INLr.AT said it would acquire Bally's BALY.N International Interactive business in a cash-and-stock deal, valuing the unit at 2.7 billion euros ($3.18 bil...
Reuters
Tue, Jul 1
GRAINS-Corn sinks to contract lows on strong US crop conditions
USDA report shows US corn conditions rated highest since 2018Soybeans also ease as crop conditions hold steadyWheat consolidates after recent lossesBy Karl Plume CHICAGO, July 1 (Reuters) - U.S. corn futures fell to contract lows on Tuesday as more favourable crop conditions than expected bolster...
Reuters
Tue, Jul 1
US natgas prices ease over 1% amid strong production, soft demand
By Sherin Elizabeth Varghese July 1 (Reuters) - U.S. natural gas futures fell more than 1% on Tuesday, weighed down by expectations of rising production and milder weather that are expected to support above-average storage injections and curb demand in the coming weeks.The front-month gas futures...
Reuters
Tue, Jul 1
As Europe sizzles, South America shivers under cold snap
By Horacio Fernando Soria and Miguel Lo Bianco BUENOS AIRES, July 1 (Reuters) - As Europe and North America swelter through heat waves, people in South America are contending with equally extreme weather at the other end of the spectrum: a sudden cold snap.In Buenos Aires on Tuesday, locals wrapp...
Reuters
Tue, Jul 1
CBOT wheat ends higher on short-covering, technical buying
CHICAGO, July 1 (Reuters) - Chicago Board of Trade soft red winter wheat futures ended higher on Tuesday in a short-covering and technical-buying rebound following recent steep declines, traders said.CBOT September soft red winter wheat WU25 settled up 10-3/4 cents at $5.49 per bushel. The contract ...
Reuters
Tue, Jul 1
CBOT soybeans end steady to firm on good US crop conditions, higher soyoil
CHICAGO, July 1 (Reuters) - Chicago Board of Trade soybean futures ended steady to slightly firmer on Tuesday as a jump in soybean oil prices underpinned the market and offset pressure from good U.S. crop conditions and lower corn futures, traders said.CBOT August soybeans SQ25 settled unchanged at ...
Reuters
Tue, Jul 1
CBOT corn drops to contract lows after jump in US crop ratings
CHICAGO, July 1 (Reuters) - Chicago Board of Trade corn futures fell to contract lows on Tuesday on strong U.S. crop conditions and forecasts for generally favorable weather for the U.S. Midwest, traders said.Short-covering and position-squaring ahead of the long U.S. Independence Day weekend lifted...
Reuters
Tue, Jul 1
Iran warns against 'destructive approach' of European countries in call with EU foreign policy chief
CAIRO, July 1 (Reuters) - Iranian Foreign Minister Abbas Araqchi warned in a phone call with EU foreign policy chief Kaja Kallas against what he called the "destructive approach" of several European countries, he said in a statement on Telegram on Tuesday.Araqchi also criticised the stance o...
Reuters
Tue, Jul 1
WRAPUP 4-France shuts schools, Italy limits work outdoors in 'exceptional' European heatwave
France shuts more schools due to heatwavePart of Eiffel Tower is also shutMediterranean Sea temperatures at record highsTurkey fights wildfires after 50,000 evacuated Heat spurs health alerts, raises risk of field firesBy Clotaire Achi, Emma Pinedo and Alvise Armellini PARIS/MADRID/ROME, July 1 (...
Reuters
Tue, Jul 1
Stellantis may close factories due to EU fines for carbon emissions
ROME, July 1 (Reuters) - Stellantis STLAM.MI may have to close factories due to the risk of hefty European Union fines for not complying with CO2 emission targets, the head of the Franco-Italian automaker for Europe said on Tuesday.European car manufacturers have to sell more electric vehicles to cu...
Reuters
Tue, Jul 1
US LNG exports fall in June due to plant maintenance
Europe remains favored destination for US LNG exports Slower economic growth in Asia continues to impact demandUS has stepped up its exports to Latin America By Curtis Williams HOUSTON, July 1 (Reuters) - U.S. liquefied natural gas exports fell to their second lowest monthly level for the year i...
Reuters
Tue, Jul 1
Bezos-backed methane tracking satellite is lost in space
Methane more potent than carbon dioxide in short termCapping methane leaks is one of the quickest ways to tackle global warmingEDF says will continue to track methane emissionsBy Valerie Volcovici WASHINGTON, July 1 (Reuters) - An $88 million satellite backed by billionaire Jeff Bezos that detect...
Reuters
Tue, Jul 1
Despite last-minute changes, Senate bill deals big blow to renewable energy
By Valerie Volcovici WASHINGTON, July 1 (Reuters) - The Senate's massive budget bill that passed on Tuesday will make it harder to develop wind and solar energy projects, despite removal of some contentious energy provisions, industry advocates and lawmakers said.The U.S. Senate dropped a pro...
Reuters
Tue, Jul 1
GRAINS-Corn sinks to contract lows on strong US crop conditions
USDA report shows US corn conditions rated highest since 2018Soybeans also ease as crop conditions hold steadyWheat consolidates after recent lossesBy Karl PlumeCHICAGO, July 1 (Reuters) - U.S. corn futures fell to contract lows on Tuesday as more favorable crop conditions than expected bolstered pr...
Reuters
Tue, Jul 1
Euronext wheat slips to new lows as euro deepens export gloom
PARIS/HAMBURG, July 1 (Reuters) - Euronext wheat eased on Tuesday to new contract lows as strength in the euro weighed on export sentiment while traders saw limited risks to wheat crops from a heatwave in Europe.September wheat BL2U5 settled down 0.3% at 194.00 euros per metric ton. It earlier fell ...
Reuters
Tue, Jul 1
US Crude Oil Price Forecast: WTI rises as focus shifts to upcoming API report
West Texas Intermediate (WTI) Crude Oil is staging a mild rebound on Tuesday, as traders continue to monitor supply and demand dynamics.
WTI
Fxstreet
Tue, Jul 1
Gold price surges past $3,340 amid a firm US Dollar, traders eye key US data ahead
The Gold price rises over 1% as the Greenback pares some of its earlier losses, which sent the US Dollar Index (DXY) to a three-year low. Meanwhile, the US Senate passed the Trump tax bill, which is ready to be sent to the House of Representatives for its approval.
Gold
Fxstreet
Tue, Jul 1
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