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US drillers cut oil and gas rigs for eighth week in a row, Baker Hughes says
June 20 (Reuters) - U.S. energy firms this week cut the number of oil and natural gas rigs operating for an eighth week in a row for the first time since September 2023, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicato...Reuters
Fri, Jun 20
QUOTES -Putin on Israel-Iran, Ukraine and the risk of the world sliding towards World War Three
ST PETERSBURG, Russia, June 20 (Reuters) - Russian President Vladimir Putin made the following comments at a plenary session of the St Petersburg International Economic Forum on Friday.Putin spoke in Russian. The quotes were translated into English by Reuters.ON UKRAINE:"...I consider the Russia...Reuters
Fri, Jun 20
Russia's Rosatom to explore construction of high-capacity nuclear plant in Uzbekistan
ST. PETERSBURG, Russia, June 20 (Reuters) - Russia's state nuclear corporation Rosatom signed an agreement on Friday with Uzbekistan's atomic energy agency to study the feasibility of building a large-capacity nuclear power plant in the Central Asian country.Rosatom, which signed the agreeme...Reuters
Fri, Jun 20
Serbia's NIS oil company seeks fourth sanctions waiver from US
June 20 (Reuters) - Russian-owned Serbian oil company NIS NIIS.BEL has asked the United States for a fourth waiver from sanctions which could cut its crude supply, it said on Friday.NIS, which is majority-owned by Russia's Gazprom Neft SIBN.MM and Gazprom GAZP.MM, operates Serbia's only oil ...Reuters
Fri, Jun 20
Putin says there is no need for OPEC+ to intervene in oil market due to Iran-Israel conflict
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 and that there was no need for the OPEC+ group of oil producers to intervene in oil markets.Putin was speaking at an econ...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
Divided US appeals court allows Biden-era biofuel rule to stand
Court finds EPA's climate analysis arbitrary, sends rule back for reviewEnvironmental groups argue EPA used outdated study on emissionsJudge Katsas dissents, calls rule deeply flawedBy Nate Raymond June 20 (Reuters) - A federal appeals court declined to throw out the U.S. Environmental Protec...Reuters
Fri, Jun 20
Brazil to push for corporate, local government climate targets at COP30
Brazil proposes 'global NDC' to include non-state actorsInitiative allows US companies to participate despite Paris exitPrivate sector often leads climate action, says Brazilian diplomatBy Lisandra Paraguassu BRASILIA, June 20 (Reuters) - COP30 president Brazil on Friday proposed expandin...Reuters
Fri, Jun 20
METALS-Copper bounces on Trump pause in Middle East decision as tariff uncertainty lingers
By Eric Onstad LONDON, June 20 (Reuters) - Copper prices rebounded on Friday after U.S. President Donald Trump pushed back a decision on U.S. military involvement in the Israel-Iran conflict, but gains were capped by uncertainty over tariffs and Chinese demand.Three-month copper on the London Met...Reuters
Fri, Jun 20
Europe Gasoline/Naphtha-Gasoline profit margins slip on higher inventories
LONDON, June 20 (Reuters) - Northwest European gasoline profit margins fell by over $1 to $13.18 a barrel on Friday as higher regional inventories weighed.A total of 6,000 metric tons of Eurobob E5 barges traded, as Gunvor sold to Trafigura.A further 8,000 tons of Eurobob E10 barges traded, which Va...Reuters
Fri, Jun 20
Putin says he is worried when asked if he is concerned world is heading towards World War Three
ST PETERSBURG, Russia, June 20 (Reuters) - Russian President Vladimir Putin said on Friday that he was worried when asked if he was concerned that the world was heading towards World War Three.Putin, speaking at an economic forum in St Petersburg, said there was a lot of potential for conflict in th...Reuters
Fri, Jun 20
EXCLUSIVE-USDA develops potential plan to vaccinate poultry for bird flu
USDA works with government, industry officials on vaccine planUS egg farmers push agency to approve vaccineChicken meat producers worry about potential trade bansBy Tom Polansek CHICAGO, June 20 (Reuters) - The U.S. Department of Agriculture is considering a potential plan to vaccinate poultry ag...Reuters
Fri, Jun 20
Senate parliamentarian rejects Republican bid to reverse Biden vehicle rules
By David Shepardson WASHINGTON, June 20 (Reuters) - Senate Republicans cannot use a fast-track procedure to overturn landmark rules to drastically reduce vehicle tailpipe emissions and boost EV sales as part of a tax and budget bill, the Senate parliamentarian ruled on Friday.Republicans and Pres...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
Investment firm Apollo commits 4.5 bln stg to France's EDF, which will help finance Hinkley Point C
June 20 (Reuters) - Apollo Global Management Inc APO.N/EDF:APOLLO COMMITS TO £4.5 BILLION FINANCING FOR ÉLECTRICITÉ DE FRANCE, MARKING THE LARGEST STERLING-DENOMINATED PRIVATE CREDIT TRANSACTIONEDF ANNOUNCES THE SIGNATURE OF AN AGREEMENT WITH APOLLO FOR THE ISSUE OF UP TO £4.5 BILLION OF UNLISTED BO...Reuters
Fri, Jun 20
US refinery capacity grew by nearly 40,000 bpd to 18.4 million bpd in 2024
HOUSTON, 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, the U.S. Energy Information Administration said on Friday. Motiva Enterprises' MOTIV.UL Port Arthur, Texas, plant became the largest single refinery by capa...Reuters
Fri, Jun 20
Putin says Russia is sharing ideas with Israel and Iran to try to end bloodshed
ST PETERSBURG, Russia, June 20 (Reuters) - Russian President Vladimir Putin said on Friday that Russia was sharing unspecified ideas with Israel and Iran about how to end the bloodshed and said he believed that there was a diplomatic solution to the crisis. Putin said Russia was in contact with &...Reuters
Fri, Jun 20
Canadian Competition Bureau Reaches Consent Agreement With Canadian Natural Resources Ltd
June 20 (Reuters) - Canadian Competition Bureau:CANADIAN COMPETITION BUREAU: REACHES CONSENT AGREEMENT WITH CANADIAN NATURAL RESOURCES LIMITEDCANADIAN COMPETITION BUREAU: AGREEMENT TO ADDRESS COMPETITION CONCERNS RELATED TO PROPOSED DEAL OF SCHLUMBERGER N.V.'S INTEREST IN PALLISER BLOCK JVCANADI...Reuters
Fri, Jun 20
Mexican state Oaxaca's $21 million parametric policy likely triggered by Hurricane Erick
By Henry GaleJune 19 - (The Insurer) - The Mexican state of Oaxaca is likely to receive a multimillion-dollar payout on its hurricane insurance policy after Hurricane Erick appeared to breach the parametric trigger, analysis by Parametric Insurer shows.Hurricane Erick made landfall as a category thr...Reuters
Fri, Jun 20
