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Three Mile Island nuclear plant reboot fast-tracked to 2027
Constellation fast-tracks Three Mile Island restart for Microsoft data centersPJM expedites grid connection for select projectsNuclear power interest resurges amid U.S. electricity demand growthBy Laila Kearney THREE MILE ISLAND, Pennsylvania, June 25 (Reuters) - The former Three Mile Island nucl...
Reuters
Wed, Jun 25
CBOT corn hits lifetime lows as large supply weighs
CHICAGO, June 25 (Reuters) - Chicago Board of Trade front and back-month corn futures notched lifetime lows on Wednesday on expectations of a hefty Brazilian corn crop and a lack of weather threats for the large U.S. corn crop that has recently been seeded, traders said. CBOT September corn CU25 set...
Reuters
Wed, Jun 25
CBOT wheat eases on pressure from ongoing harvest
CHICAGO, June 25 (Reuters) - Chicago Board of Trade wheat sank on Wednesday as it remained curbed by a strong production outlook across the Northern Hemisphere where harvesting is under way. CBOT September soft red winter wheat WU25 settled down 7-1/2 cents at $5.44-1/2 per bushel. K.C. September ha...
Reuters
Wed, Jun 25
CBOT soybeans tumble on favorable growing conditions
CHICAGO, June 25 (Reuters) - Chicago Board of Trade soybean futures faltered on Wednesday as ideal growing conditions for the soybean crop in the U.S. Midwest and selling pressure weighed. CBOT August soybeans SX25 ended 20-3/4 cents lower at $10.29-1/2 a bushel. CBOT August soyoil BOQ25 ended 0.31...
Reuters
Wed, Jun 25
US Cash Grains-Corn basis bids steady to up
CHICAGO, June 25 (Reuters) - Corn basis bids were flat to higher at elevators and processing facilities around the U.S. Midwest on Wednesday as dealers tried to lure farmers to sell.The corn basis rose at elevators in Cincinnati, Ohio, and Lincoln, Nebraska. It also rose at a processor in Cedar Rap...
Reuters
Wed, Jun 25
Gold steadies at $3,334 as Powell sticks to hawkish stance, US data weakens
Gold prices remain steady during the North American session on Wednesday, rising over 0.30% as risk appetite improves due to the de-escalation and truce of the Israel-Iran conflict. Worse-than-expected housing data in the United States (US) could lead to actions by the Federal Reserve (Fed).
Gold
Fxstreet
Wed, Jun 25
China to overtake Australia as world's top lithium miner by 2026, Fastmarkets says
China's lithium mining growth driven by lepidolite extractionChinese miners supported by government despite unprofitabilityChina's lithium refining dominance seen decreasing By Ernest Scheyder LAS VEGAS, June 25 (Reuters) - China by next year will overtake Australia as the world's top...
Reuters
Wed, Jun 25
Con Edison Asks Customers in Parts of Eastern Brooklyn to Conserve Power Amid Heatwave
June 25 (Reuters) - Con Edison ED.N:SAYS ASKING CUSTOMERS IN CERTAIN NEIGHBORHOODS IN EASTERN BROOKLYN TO CONSERVE ENERGY WHILE COMPANY CREWS REPAIR EQUIPMENTSAYS HAS REDUCED VOLTAGE IN THOSE AREAS BY 8% TO PROTECT EQUIPMENT AND MAINTAIN SERVICESAYS AREA INCLUDES APPROXIMATELY 100,000 CUSTOMERS IN P...
Reuters
Wed, Jun 25
With a primitive canoe, scientists replicate prehistoric seafaring
Canoe is paddled 140 miles (225 km) across the open seaThe journey is from Taiwan to Japan's Yonaguni Island Research is reminiscent of famed 1947 Kon-Tiki expedition By Will Dunham June 25 (Reuters) - Our species arose in Africa roughly 300,000 years ago and later trekked worldwide, eventual...
Reuters
Wed, Jun 25
Med crude-Urals crude differentials unmoved in quiet trade
MOSCOW, June 25 (Reuters) - Urals crude differentials to dated Brent were stable on Wednesday as traders assessed the impact of a ceasefire between Iran and Israel on oil markets.Oil prices rose over 1% on Wednesday, recovering from a sharp slide early this week, as data showed relatively strong U.S...
Reuters
Wed, Jun 25
Qatar Airways passengers on diverted flights all put on new flights within 24 hours, CEO says
DUBAI, June 25 (Reuters) - Qatar Airways said on Wednesday that all of the roughly 20,000 passengers who were on flights that were diverted on Monday night after Iran fired missiles towards a U.S. military base in the Gulf country were put on new flights within 24 hours. Iran launched ...
Reuters
Wed, Jun 25
WTI snaps losing streak as US crude stockpiles fall
West Texas Intermediate (WTI) Crude Oil reverses course during the American session on Wednesday, snapping a two-day losing streak after spending much of the day drifting lower.
WTI
Fxstreet
Wed, Jun 25
GRAINS-Chicago corn drops to more contract lows as heavy supply weighs
Front and back-month corn contracts hit contract lowsWheat tips down on harvest pressureSoybeans edge lower on selling pressureBy Heather Schlitz CHICAGO, June 25 (Reuters) - Chicago Board of Trade front and back-month corn futures notched lifetime lows on Wednesday on expectations of a hefty Bra...
Reuters
Wed, Jun 25
EXCLUSIVE-US allows ethane to be loaded and shipped to China, but not unloaded -- letter
By Karen FreifeldJune 25 (Reuters) - The U.S. sent letters to Enterprise Products EPD.N and Energy Transfer ET.N on Wednesday informing the companies they could load ethane on vessels destined for China but could not unload the ethane at a port in China without authorization, according to a person f...
Reuters
Wed, Jun 25
EU wheat hits contract low as supply pressure builds
PARIS, June 25 (Reuters) - Benchmark wheat futures on Euronext fell for a fourth day on Wednesday to set a contract low as a ceasefire between Israel and Iran held and market attention turned back to large expected Northern Hemisphere crops and stiff export competition.September wheat BL2U5 on Euron...
Reuters
Wed, Jun 25
REFILE-EXCLUSIVE-Maersk sues over $1 bln Brazil port auction, MSC Group's TIL may follow
Huge new Santos container terminal stirs disputePort auction rules favor newcomers over Maersk, MSCProcess may open door to Asian rivals, new JBS unitBy Luciana MagalhaesSAO PAULO, June 25 (Reuters) - Global shipping groups are looking to Brazil's courts to overturn competition rules that bar th...
Reuters
Wed, Jun 25
INSIGHT-Ukraine turns to Africa in its struggle against Russia
Ukraine offers military training to Mauritania amid regional tensionsFood aid reaches Malian refugees in Mauritania's Mbera camp, part of Kyiv's bid to counter Russian influence in AfricaRussia, with historic ties to the continent, is Africa biggest arms supplier and has growing diplomatic f...
Reuters
Wed, Jun 25
Shell says 'no talks are taking place' after WSJ reports BP takeover discussions
LONDON, June 25 (Reuters) - Shell SHEL.L said on Wednesday that "no talks are taking place" after a Wall Street Journal article cited unnamed sources saying Shell was in early discussions to take over rival BP BP.L.“This is further market speculation," a Shell spokesperson said. "As ...
Reuters
Wed, Jun 25
Europe Gasoline/Naphtha-Gasoline profit margins fall further
LONDON, June 25 (Reuters) - Northwest European gasoline profit margins fell on Wednesday, extending sharp losses from the previous session, as underlying crude prices rose and even as US inventories fell sharply. Profit margins stood at $14.43 a barrel on Wednesday, down from $15.69 a barrel in the ...
Reuters
Wed, Jun 25
Qatar Airways CEO says passengers on flights diverted during Iran attack were cleared within 24 hours
CAIRO, June 25 (Reuters) - Qatar Airways CEO Badr Mohammed Al-Meer said on Wednesday that all passengers from flights that were diverted as Iran launched a missile attack on a U.S. airbase in Qatar were cleared within 24 hours.About 20,000 passengers in all were affected by the flight diversions, he...
Reuters
Wed, Jun 25
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