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CORRECTED-WRAPUP 3-France shuts schools, Italy limits outdoor work as heatwave grips Europe
France shuts schools part of Eiffel Tower due to heatwaveMediterranean Sea temperatures at record highsTurkey fights wildfires after 50,000 evacuated a day earlierHeat spurs health alerts, raises risk of field firesBy Clotaire Achi and Emma Pinedo PARIS/MADRID, July 1 (Reuters) - Italy banned out...Reuters
Tue, Jul 1
Dominion Energy allowed to extend South Carolina nuclear plant operations until 2062
July 1 (Reuters) - The U.S. nuclear regulator has approved Dominion Energy's D.N application to extend the operating license of its V.C. Summer power station in South Carolina till 2062, the utility said on Tuesday.U.S. nuclear power is experiencing a renaissance after decades of stagnation, dri...Reuters
Tue, Jul 1
Q&A-Is Venezuela about to lose Citgo, its most prized foreign asset?
By Marianna Parraga HOUSTON, July 1 (Reuters) - A U.S. court has completed a second bidding round in a auction of shares in the parent of Venezuela-owned Citgo Petroleum after at least three consortia submitted revised bids in June, raising creditors' hopes of receiving payment for some of Ve...Reuters
Tue, Jul 1
US natgas prices ease over 4% amid strong production, soft demand
By Sherin Elizabeth Varghese July 1 (Reuters) - U.S. natural gas futures fell more than 4% 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
Davis Commodities Unveils Ai-Driven Refinery Strategy
July 1 (Reuters) - DAVIS COMMODITIES Ltd DTCK.O:DAVIS COMMODITIES UNVEILS TRANSFORMATIVE AI-DRIVEN REFINERY STRATEGY TO ACCELERATE GROWTH AND ENHANCE VALUATIONDAVIS COMMODITIES LTD - PROJECTS REVENUE TO EXCEED $300 MILLION IN FY2026DAVIS COMMODITIES LTD - TARGETS 30% ROE WITHIN TWO YEARSDAVIS COMMOD...Reuters
Tue, Jul 1
Dominion Energy gets approval to extend V.C. Summer nuclear power operation
July 1 (Reuters) - Utility Dominion Energy D.N said on Tuesday that the U.S. Nuclear Regulatory Commission (NRC) approved its application to extend the V.C. Summer nuclear power station's operating license for an additional 20 years.Reuters
Tue, Jul 1
PRESS DIGEST-Canada - July 1
July 1 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAIL** Canada's anti-money laundering agency FINTRAC is planning to instruct banks and other regulated businesses to ...Reuters
Tue, Jul 1
RPT-COLUMN-Copper's tariff high fails to lift other LME metals: Andy Home
By Andy Home LONDON, July 1 (Reuters) - Doctor Copper hasn't been quite the same since U.S. President Donald Trump announced an investigation into U.S. imports back in February.The resulting tariff trade has pulled the global supply chain out of shape, creating feast in the U.S. and famine ev...Reuters
Tue, Jul 1
Exxonmobil Baytown, Texas Refinery Reports Unplanned Alkylation Unit Shutdown
July 1 (Reuters) - Exxon Mobil XOM.N:REPORTS UNPLANNED SHUTDOWN OF ALKYLATION UNIT DUE TO A COMPRESSOR (C-323) TRIP AT BAYTOWN, TEXAS REFINERY REPORTS NO ADVERSE ENVIRONMENTAL IMPACT TO THE SITE AND SURROUNDING COMMUNITYSOURCE: TEXAS COMMISSION ON ENVIRONMENTAL QUALITYTHE BAYTOWN COMPLEX HOUSES A CH...Reuters
Tue, Jul 1
Russia's Rosatom Is In Talks To Sell A 49% Stake In The $25 Billion Power Plant It's Building In Turkey - Bloomberg News
July 1 (Reuters) - RUSSIA'S ROSATOM IS IN TALKS TO SELL A 49% STAKE IN THE $25 BILLION POWER PLANT IT’S BUILDING IN TURKEY - BLOOMBERG NEWSSource text: https://tinyurl.com/266tty2nReuters
Tue, Jul 1
CBOT Trends-Wheat up 2-4 cents, corn down 5-7, soy down 8-10
CHICAGO, July 1 (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 Tuesday. WHEAT - Up 2 to 4 cents per bushelCBOT wheat ticked up, with fresh weakness in the dollar helping underpin pri...Reuters
Tue, Jul 1
Louis Dreyfus doubles coffee storage, processing capacity at Brazil's Varginha hub
By Roberto SamoraSAO PAULO, July 1 (Reuters) - Louis Dreyfus Company on Tuesday opened an expanded coffee processing unit in Brazil's southeastern city of Varginha, more than doubling the plant's annual capacity for coffee processing and storage.WHY IT'S IMPORTANTLouis Dreyfus is one of ...Reuters
Tue, Jul 1
EXCLUSIVE-Kazakhstan's oil output returns to growth in June, matching record-high
Kazakh oil output up 7.5% in June after dip in MayKazakhstan has repeatedly exceeded OPEC+ oil output quotaH1 oil output jumps 13% year on yearOPEC+ set for big oil output hike, sources say MOSCOW, July 1 (Reuters) - Oil output in Kazakhstan, one of the world's 10 biggest producing countries...Reuters
Tue, Jul 1
Oil Traders Bet on OPEC+ Fourth Output Hike; Saudi Strategy May Roil Oil Markets
TradingKey - According to recent developments in the oil market and trader forecasts, OPEC+ (the Organization of the Petroleum Exporting Countries and its allies) plans to significantly increase oil supply for the fourth time during its meeting scheduled for early July 2025.TradingKey
Tue, Jul 1
Gold Price Forecast: XAU/USD climbs as Fed remarks, US ISM data, and trade uncertainty in focus
Gold prices climbed on Tuesday as investor attention shifted to a high-profile gathering of global central bankers in Portugal.At the time of writing, XAU/USD is holding firm above the $3,300 mark, with prices hovering above $3,350 ahead of key policy remarks expected at 13:30 GMT.
Fxstreet
Tue, Jul 1
PRECIOUS-Gold firms on weaker dollar, US tariffs and fiscal uncertainty
Dollar slumps to more than three-year lowHigher tariffs loom after July 9 deadline, Bessent saysMarkets await vote on Trump's tax cut and spending billBy Anushree Mukherjee July 1 (Reuters) - Gold prices rose more than 1% on Tuesday as a weaker dollar and uncertainty over U.S. tariffs, along ...Reuters
Tue, Jul 1
WRAPUP 2-France shuts schools, Italy limits outdoor work as heatwave grips Europe
Eiffel Tower's top floor shut due to heatwaveMediterranean Sea temperatures at record highsHeat spurs health alerts, raises risk of field firesBy Clotaire Achi and Emma Pinedo PARIS/MADRID, July 1 (Reuters) - Several Italian regions banned outdoor work during the hottest hours of the day, Fra...Reuters
Tue, Jul 1
RPT-COLUMN-Europe drives LNG import growth as Asia stumbles on higher price: Russell
By Clyde RussellLAUNCESTON, Australia, July 1 (Reuters) - Global imports of liquefied natural gas (LNG) ticked higher in the first half of 2025 as stronger European demand pulled cargoes away from Asia.Total imports of the super-chilled fuel were 208.62 million metric tons in the first six months of...Reuters
Tue, Jul 1
HSBC raises average gold price forecasts for 2025 and 2026
July 1 (Reuters) - HSBC raised its 2025 average gold price forecast to $3,215 an ounce from $3,015 and its 2026 forecast to $3,125 from $2,915, citing elevated risks and government debt.Gold tends to perform well during periods of economic uncertainty and geopolitical tension, which lifted spot gold...Reuters
Tue, Jul 1
