News
Important Only
Senate bill hastens end of wind, solar tax credits and imposes new tax
WASHINGTON, June 28 (Reuters) - The latest version of the Senate's massive budget bill that the Senate is racing through for a vote as soon as Saturday deals a fatal blow to the use of tax credits in place since 2005 to spur more wind and solar energy and would set a new tax on those projects fo...Reuters
Sat, Jun 28
Emirates extends suspension of flights to and from Tehran until July 5
CAIRO, June 28 (Reuters) - Emirates EMIRA.UL extended its cancellation of flights to and from Iran's capital Tehran until July 5 due to the "regional situation", it said in a statement on Saturday.The Dubai-based airline said it will recommence operations to Baghdad on July 1 and Basra o...Reuters
Sat, Jun 28
Senate Republicans seek to end EV tax credit by September 30
By David Shepardson WASHINGTON, June 28 (Reuters) - U.S. Senate Republicans late Friday released a revised tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on September 30 as well as the $4,000 tax credit for used EVs.The prior version would have e...Reuters
Sat, Jun 28
Senate Republicans seek to end EV tax credit by September 30
June 28 (Reuters) - U.S. Senate Republicans late Friday released a revised a tax and budget bill that would end the $7,500 tax credit on new electric vehicle sales and leases on Sept. 30 as well as the $4,000 tax credit for used EVs.The prior proposal would have ended the credit for new and used sal...Reuters
Sat, Jun 28
California should raise fuel imports, pause margin cap, regulator says
California regulator proposes ways to keep gasoline affordablePhillips 66, Valero plan to close refineries in stateRegulator says proposals would negate fuel price hike from closuresConsumer Watchdog calls proposals a 'bailout' for refinersBy Shariq KhanNEW YORK, June 27 (Reuters) - Californ...Reuters
Sat, Jun 28
US Cash Grains-Corn, soybean basis bids steady as futures recover
CHICAGO, June 27 (Reuters) - Spot basis bids for corn and soybeans were mostly steady at elevators, processors and river terminals in a spot check of locations throughout the U.S. Midwest on Friday. Multiple locations rolled their corn basis to the September contract. Chicago corn and soybean future...Reuters
Fri, Jun 27
LIVESTOCK-CME cattle futures up on higher wholesale prices, buying interest
By Heather Schlitz CHICAGO, June 27 (Reuters) - Chicago Mercantile Exchange cattle futures ended higher on Friday under support from stronger wholesale boxed beef prices and buying interest, though concerns over waning consumer demand for beef continued to linger over the market, analysts said.CM...Reuters
Fri, Jun 27
CIF/FOB Gulf Grain-Corn, soybean barge basis steady-firm after weekly futures drop
CHICAGO, June 27 (Reuters) - Basis bids for corn and soybeans shipped by barge to the U.S. Gulf Coast for export were steady to firmer on Friday after sharply lower futures prices this week slowed farmer marketings, traders said.Chicago Board of Trade corn futures fell more than 3% this week and sev...Reuters
Fri, Jun 27
Trump should stop 'disrespectful' tone against Khamenei if he wants a deal, Iranian FM says
June 28 (Reuters) - If U.S. President Donald Trump is genuine about wanting a nuclear deal with Iran, he should put aside "the disrespectful and unacceptable tone" towards Supreme Leader Ayatollah Ali Khamenei and "stop hurting his millions of heartfelt followers," Foreign Minister A...Reuters
Fri, Jun 27
Canada's steel producers tell government its tariff protection measures aren't enough
Steel dumping from Europe and Asia impacts Canadian competitivenessCanada's steel industry faces potential mass layoffsFinance Ministry defends measures as strategic and comprehensiveBy Divya Rajagopal and Promit Mukherjee TORONTO, June 27 (Reuters) - Canadian steel industry representatives t...Reuters
Fri, Jun 27
US Plains HRW Wheat-Basis bids steady as contracts roll over
CHICAGO, June 27 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were flat at elevators and mills in a spot check of the southern U.S. Plains on Friday as some locations began rolling to the September contract. Analysts said farmer selling was picking up in some locations. Protein premiu...Reuters
Fri, Jun 27
Med crude-Urals diffs stable, Russia's daily oil loadings from its western ports set to fall in July
MOSCOW, June 27 (Reuters) - Urals crude differentials to dated Brent held steady on Friday, while oil loadings from Russia's Primorsk, Novorossiisk and Ust-Luga including Urals, Kazakh KEBCO and Siberian Light grades are seen falling in July from the current month.Russia's daily oil exports ...Reuters
Fri, Jun 27
US Cash Crude-Grades mixed as WTI-Brent spread narrows, US rig count slumps
June 27 (Reuters) - Grades were mixed on Friday, dealers said, as the spread between U.S. crude futures and the global benchmark Brent narrowed to its smallest discount in more than three years during the Friday session, while domestic supplies are set to slip. U.S. crude futures' discount to Br...Reuters
Fri, Jun 27
CBOT wheat bounces on technical trading
CHICAGO, June 27 (Reuters) - Chicago Board of Trade wheat futures rose on Friday as traders adjusted positions ahead of the U.S. Department of Agriculture's crop progress and quarterly stocks reports, which will be released on Monday. CBOT September soft red winter wheat WU25 settled 4 cents hig...Reuters
Fri, Jun 27
California should support fuel imports, find ways to retain refiners, regulator says
NEW YORK, June 27 (Reuters) - California's energy regulator on Friday issued recommendations to Governor Gavin Newsom to support timely fuel imports and explore ways to retain operations at existing refineries in the state.Newsom had earlier this year asked the California Energy Commission to re...Reuters
Fri, Jun 27
Israel killed 30 Iranian security chiefs and 11 nuclear scientists, Israeli official says
Israel's air force struck over 900 targets during 12-day warIran retaliated with missile barragesFew of Iran's missiles hit major Israeli military targets, expert saysBy Howard Goller and Jonathan Landay June 27 (Reuters) - Israel killed more than 30 senior security officials and 11 senio...Reuters
Fri, Jun 27
American Airlines says technology issue affecting some systems
June 27 (Reuters) - American Airlines AAL.O said on Friday a technology issue was affecting connectivity for some systems, causing flight delays.The Texas-based airline said while it was working with its partners to fully resolve the problem, it had not canceled any flights at this time.Data from Fl...Reuters
Fri, Jun 27
CBOT soybeans rise on a technical bounce
CHICAGO, June 27 (Reuters) - Chicago Board of Trade soybean futures ticked higher on Friday on technical trading ahead of the weekend after ample supply and good weather kept soybean futures under pressure for most of the week, traders said. CBOT November soybeans SX25 ended 8-1/4 cents higher to $1...Reuters
Fri, Jun 27
