News
Important Only
Apollo to fund UK's Hinkley Point nuclear project with $6 billion loan
June 20 (Reuters) - Apollo Global APO.N will provide 4.5 billion pounds ($6.08 billion) in financing to support Britain's long-delayed Hinkley Point nuclear project, the U.S. private capital group said on Friday.The nuclear project will be funded by proceeds from Apollo-managed affiliates, funds...Reuters
Fri, Jun 20
CBOT soybeans fall on profit-taking, favourable Midwest crop weather
CHICAGO, June 20 (Reuters) - Chicago Board of Trade soybean futures fell for the first time in five sessions on Friday, pressured by profit-taking after hitting a 5-1/2 week peak and as favorable weather aided the developing Midwest crop.CBOT July soybeans SN25 settled down 6-3/4 cents at $10.68 per...Reuters
Fri, Jun 20
Oil prices settle lower as US sanctions ease fears of escalation in Iran
Oil futures rise on the weekUS imposes new Iran-related sanctions amid diplomatic effortsUS oil and natural gas rig count falls for eighth straight week, first time since September 2023EU abandons proposal to lower Russian oil price capBy Georgina McCartney HOUSTON, June 20 (Reuters) - Oil prices...Reuters
Fri, Jun 20
CBOT wheat ends lower in profit-taking setback
CHICAGO, June 20 (Reuters) - Chicago Board of Trade wheat retreated on Friday on profit-taking following gains of more than 4% in the prior session and as an advancing U.S. winter crop harvest boosted supplies.CBOT July soft red winter wheat WN25 settled down 6-1/2 cents at $5.67-3/4 per bushel afte...Reuters
Fri, Jun 20
US natgas heads for best week in more than a month on hot weather forecasts
Natgas prices up about 7.9% for the week Israel struck dozens of military targets overnightFreeport LNG seeks 40-month extension for Train 4 completion By Ashitha Shivaprasad June 20 (Reuters) - U.S. natural gas futures slipped on Friday but headed for its best week in more than a month, steered ...Reuters
Fri, Jun 20
CBOT corn ends lower on favorable rains ahead of weekend heat wave
CHICAGO, June 20 (Reuters) - Chicago Board of Trade corn futures fell for the third time in four sessions on Friday and touched a 6-1/2 month low as mostly favourable crop weather in the Midwest farm belt supported crop prospects.CBOT July corn CN25 settled down 4-3/4 cents at $4.28-3/4 per bushel a...Reuters
Fri, Jun 20
INSIGHT-Brazil's soy farmers raze Amazon despite deforestation pact with global traders
* Brazilian farmers are pushing soy crops deeper into Amazon* Powerful farm lobby attacks Amazon Soy Moratorium* Regrown rainforest does not get the same protection By Stefanie Eschenbacher SANTAREM, Brazil, June 20 (Reuters) - Brazilian soy farmers are pushing further into the Amazon rainforest ...Reuters
Fri, Jun 20
US Supreme Court lets fuel producers challenge California emissions standards
Biden's EPA let California set tougher emissions standardsSupreme Court limited EPA regulatory powers in prior casesJustice Kavanaugh writes Supreme Court's 7-2 rulingBy Andrew Chung WASHINGTON, June 20 (Reuters) - The U.S. Supreme Court sided on Friday with fuel producers that had oppose...Reuters
Fri, Jun 20
UN's Guterres urges 'give peace a chance' in Israel-Iran conflict
IAEA warns of dangers of attacks on nuclear facilitiesGuterres says conflict could shape 'our collective future'Russia and China demand de-escalationUS supports Israeli actions against Iran's nuclear ambitionsBy David Brunnstrom and Doina Chiacu June 20 (Reuters) - UN Secretary-Ge...Reuters
Fri, Jun 20
US Plains HRW Wheat-Basis bids mostly flat, futures set two-month high
CHICAGO, June 20 (Reuters) - Spot basis bids for hard red winter (HRW) wheat were mostly unchanged at elevators and mills around the southern U.S. Plains on Friday, dealers said, as futures prices reached a two-month high.The uptick in prices helped to encourage farmers to sell their crops as harves...Reuters
Fri, Jun 20
PRECIOUS-Gold poised for weekly loss as US delays decision on Middle East involvement
Trump to decide U.S. involvement in Israel-Iran war within two weeksGold drawdown towards $3,250/oz possible, trader saysBy Sarah Qureshi and Ashitha Shivaprasad June 20 (Reuters) - Gold prices were steady on Friday and poised for a weekly loss after U.S. President Donald Trump delayed a decision...Reuters
Fri, Jun 20
Insurer Aflac investigating possible data leak after cyberattack
By Puyaan Singh and Christy Santhosh June 20 (Reuters) - Health and life insurer Aflac AFL.N on Friday said it is investigating a breach on its U.S. network that may have exposed customers' personal information, making it the latest insurance provider to be targeted in a cyberattack. ...Reuters
Fri, Jun 20
EU wheat pauses after rally, war and weather in focus
PARIS, June 20 (Reuters) - Euronext wheat edged down from a one-month high on Friday as investor worries over U.S. intervention in Israel's war with Iran abated and traders assessed mixed weather for crops.September wheat BL2U5 on Euronext settled 0.5% lower at 208 euros ($239.91) a metric ton. ...Reuters
Fri, Jun 20
Gold holds steady as Trump delays Iran strike; weekly loss nears 1.9%
Gold price trades flat on Friday and is poised to end the week with a nearly 1.90% loss, after US President Donald Trump delayed taking military action against Iran, opting instead for a diplomatic solution. At the time of writing, XAU/USD trades at $3,369, down 0.11%.
Fxstreet
Fri, Jun 20
Putin says no need for OPEC+ to intervene in oil market due to Iran-Israel conflict
Oil markets have rallied since Israel-Iran conflict escalatedPutin says OPEC+ is raising oil output, but gradually ST PETERSBURG, Russia, June 20 (Reuters) - Russian President Vladimir Putin said on Friday that oil prices had not risen significantly due to the conflict between Iran and Israel, an...Reuters
Fri, Jun 20
Niger to nationalise uranium mine operated by France's Orano as relations sour
NIAMEY/PARIS, June 20 (Reuters) - Niger plans to nationalise the Somair uranium mine operated by France's Orano after months of worsening relations between the French state-owned company and its local partners following a 2023 coup in the West African nation. Niger's decision to natio...Reuters
Fri, Jun 20
US refinery capacity grew to 18.4 million bpd in 2024
Motiva Texas refinery becomes nation's largestMarathon remains top refiner by capacity National capacity could fall by 400,000 bpd in 2026 reportBy Erwin SebaHOUSTON, June 20 (Reuters) - U.S. refinery crude oil processing capacity grew by nearly 40,000 barrels per day in 2024 to 18.4 million bpd...Reuters
Fri, Jun 20
US Cash Grains-Corn basis bids edge higher at some grain elevators
CHICAGO, June 20 (Reuters) - Spot corn basis bids rose at some grain elevators and processing plants in the U.S. Midwest on Friday as farmer selling was quiet, merchants said.Farmers have been reluctant to book sales because of lackluster prices and uncertainty over summer weather that is key to det...Reuters
Fri, Jun 20
GRAINS-Corn, soybeans slip on profit-taking, favourable Midwest weather
By Karl PlumeCHICAGO, June 20 (Reuters) - U.S. corn and soybean futures fell on Friday as favourable weather in much of the Midwest boosted crop production potential and as traders squared positions ahead of the weekend, analysts said.Wheat futures retreated on profit-taking following strong gains e...Reuters
Fri, Jun 20
