News
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GRAINS-Soybeans rise on oil rally, still on track for weekly loss
BEIJING, June 13 (Reuters) - Chicago soybeans rose on Friday, buoyed by surging soyoil prices, but remain on track for a weekly loss amid uncertainty over U.S. biofuel mandates, weak exports, and ample global supplies.Reuters
Fri, Jun 13
METALS-Copper eases, aluminium up on fundamental support
SINGAPORE, June 13 (Reuters) - Copper prices edged lower on Friday as market optimism waned after the U.S.-China trade talks, while aluminium on the Shanghai Futures Exchange and London Metal Exchange rose on consistent support from lower stocks.Reuters
Fri, Jun 13
EXPLAINER-Key facilities in Iran's nuclear programme
By Francois Murphy VIENNA, June 13 (Reuters) - Israel said early on Friday it had struck Iranian nuclear targets to block Tehran from developing atomic weapons, and Iranian media and witnesses reported explosions including at the country's main uranium enrichment facility.Israeli Prime Minist...Reuters
Fri, Jun 13
REFILE-Meta signs deal for advanced geothermal power in New Mexico
By Laila Kearney NEW YORK, June 12 (Reuters) - Meta META.O signed an agreement with XGS Energy to help develop 150 megawatts of advanced geothermal electricity in New Mexico to power the Facebook parent company's artificial intelligence expansion, the companies said on Thursday. WHY IT&#...Reuters
Fri, Jun 13
Taking lessons from Ukraine, Taiwan eyes sea drones to counter China
Inspired by Ukraine, Taiwan plans fleet of sea dronesTaiwan's navy is dwarfed by that of ChinaTaiwan military modernising to fight "asymmetric warfare"China would have to cross Taiwan Strait to invade the island China has stepped up military pressure against democratic TaiwanBy Yimou Lee...Reuters
Fri, Jun 13
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, June 13 (Reuters) - Contract Target Support/Resistance Brent oil $74.26/$74.96sup $72.74/$72.01Palm oil (3rd month)3,812 ringgitres 3,883/3,928 ringgitWTI* $73.68sup $71.54/$70.49Spot gold$3,450sup $3,391/$3,372LME copper (3rd month)*$9,735/$...Reuters
Fri, Jun 13
GRAINS-Soybeans set for weekly loss on demand worries, ample global supply
BEIJING, June 13 (Reuters) - Chicago soybeans fell for a third straight session on Friday and are on track for a weekly loss, pressured by uncertainty over U.S. biofuel mandates, weak exports, and ample global supplies.Wheat is also headed for a weekly loss, weighed by sluggish demand, abundant supp...Reuters
Fri, Jun 13
Oil prices jump more than $4 after Israel strikes Iran
June 13 (Reuters) - Oil prices jumped more than $4 a barrel on Friday after Israel said it struck Iran, raising concerns of escalating tensions in the Middle East that may affect oil supplies.Brent crude futures LCOc1 were up $4.02, or 5.8%, at $73.38 a barrel. U.S. West Texas Intermediate crude CLc...Reuters
Fri, Jun 13
Oil settles lower as traders gauge Middle East tensions
NEW YORK, June 12 (Reuters) - Oil prices settled slightly lower on Thursday as traders booked profits from a 4% rally in the prior session, driven by concerns that worsening tensions in the Middle East could cause supply disruptions.Reuters
Fri, Jun 13
LIVESTOCK-CME cattle, hog futures ease after record highs
By Julie IngwersenCHICAGO, June 12 (Reuters) - Chicago Mercantile Exchange live cattle futures closed mostly lower on Thursday, consolidating after setting all-time highs earlier this week, but surging wholesale beef prices and strong cash cattle markets continued to underpin the market.Benchmark CM...Reuters
Fri, Jun 13
ADM sets off 'frenzy' in US soybean market ahead of new biofuel blend rule
ADM shifts to pricing soy against November futures from July in unusual moveMove effectively cuts cash price offer to farmers by 6.5% EPA expected to propose biofuel blend rule below industry recommendationsBy Tom Polansek and Karl Plume CHICAGO, June 12 (Reuters) - Archer-Daniels-Midland ADM.N,...Reuters
Thu, Jun 12
Trump to attend AI and energy summit in Pittsburgh
By Kanishka Singh WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump and executives from the tech and energy sectors will appear at an artificial intelligence and energy summit in Pittsburgh, Pennsylvania, on July 15, the office of the state's U.S. Senator Dave McCormick said on Thur...Reuters
Thu, Jun 12
Google says it has resolved global service outage impacting multiple platforms
June 12 (Reuters) - Alphabet's GOOGL.O Google said on Thursday it had resolved a brief global service disruption on its platforms that affected multiple services such as music streamer Spotify SPOT.N and instant messaging provider Discord. "The issue with Google Chat, Google Meet, Gmail...Reuters
Thu, Jun 12
Centerpoint Energy Says It Temporarily Paused Proactive, Planned Resiliency Upgrades Due To Thunderstorms Across The Greater Houston Area
June 12 (Reuters) - CenterPoint Energy Inc CNP.N:SAYS MAINTAINED ADDITIONAL CREWS AND TEMPORARILY PAUSED PROACTIVE, PLANNED RESILIENCY UPGRADES DUE TO THUNDERSTORMS ACROSS THE GREATER HOUSTON AREA WEDNESDAY AFTERNOONSAYS AT TODAY'S PEAK, ABOUT 18,000 CUSTOMERS WERE WITHOUT POWER DUE TO THUNDERST...Reuters
Thu, Jun 12
COLUMN-Four must-see charts following USDA's latest data drop: Braun
By Karen Braun NAPERVILLE, Illinois, June 12 (Reuters) - Another month, another fresh set of numbers.While the U.S. Department of Agriculture’s monthly supply and demand report on Thursday did not shake things up too much versus trade expectations, there were some adjustments – and lack thereof -...Reuters
Thu, Jun 12
US Cash Crude-Grades steady even as US crude stocks fall
June 12 (Reuters) - WTI Midland differentials to crude oil at the Cushing storage hub weakened on Thursday, dealers said, as tight inventories and worries about geopolitical tensions have strengthened prices at the hub. WTI Midland WTC-WTM eased to a 45 cent-premium to oil at Cushing, while WTI at E...Reuters
Thu, Jun 12
GRAINS-Soybeans hit 1-wk low on demand worries; wheat sags, corn firms
Soy falls on weak cash markets, poor export salesWheat declines on seasonal weaknessCorn firms on bullish USDA stocks data, softer dollarBy Julie Ingwersen CHICAGO, June 12 (Reuters) - U.S. soybean futures fell to one-week lows on Thursday as weak domestic cash markets, poor weekly export sales a...Reuters
Thu, Jun 12
MOVES-Citadel hires veteran US trader Barnea to bolster fuel trade, sources say
By Shariq Khan NEW YORK, June 11 (Reuters) - Citadel has hired veteran U.S. oil and fuel trader Shai Barnea as a portfolio manager for its refined products trading business as the U.S. hedge fund pushes deeper into commodities markets, two sources familiar with the matter said on Thursday.Barnea ...Reuters
Thu, Jun 12
