News
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Med crude-Differentials stable for Russian public holiday
LONDON, June 12 (Reuters) - Russian Urals crude oil differentials to dated Brent were stable on Thursday, the Russia Day public holiday. PLATTS WINDOWNo bids or offers were made for CPC Blend or Azeri BTC in the Platts window on Thursday, a trade source said.NEWSMost countries in the Group o...Reuters
Thu, Jun 12
California, 10 other states sue to block Trump from killing 2035 EV rules
WASHINGTON, June 12 (Reuters) - A group of 11 states led by California on Thursday filed suit challenging a repeal by Congress of the state's 2035 electric vehicle rules and heavy duty truck requirements.President Donald Trump on Thursday signed three resolutions approved by lawmakers barring Ca...Reuters
Thu, Jun 12
EU wheat stuck near contract lows
PARIS, June 12 (Reuters) - Euronext wheat edged down on Thursday to hold around contract lows as a jump in the euro further dented export prospects while increased estimates of the upcoming European Union harvest reinforced expectations of abundant Northern Hemisphere supply.The market showed little...Reuters
Thu, Jun 12
Europe Gasoline/Naphtha-Gasoline profit margins rise despite higher fuel stocks
LONDON, June 12 (Reuters) - Northwest European gasoline profit margins rose to $14.71 a barrel on Thursday, despite a higher stock build.A total of 6,000 tons of Eurobob E5 barges traded, with Gunvor and Shell selling to BP and Trafigura.No Eurobob E10 barges traded in the Argus window.Gasoline stoc...Reuters
Thu, Jun 12
Trump promises immigration order soon on farmers, leisure sectors
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump said he would issue an immigration order soon, following his social media post earlier on Thursday citing labor issues in the farm and hotel industries amid his immigration crackdown, but gave no further details."Our farmers are being h...Reuters
Thu, Jun 12
Canada Post Says Minister Of Jobs & Families Has Approved Vote On Co's Final Offers To Canadian Union Of Postal Workers
June 12 (Reuters) - Canada Post: CANADA POST: MINISTER OF JOBS & FAMILIES HAS APPROVED REQUEST FOR VOTE TO TAKE PLACE ON CO'S FINAL OFFERS TO CANADIAN UNION OF POSTAL WORKERSReuters
Thu, Jun 12
Chevron's Pasadena, Texas Refinery Reports Small Spill
June 12 (Reuters) - CHEVRON CORP CVX.N:PASADENA, TEXAS PLANT REPORTS DISCOVERY OF APPROXIMATELY FIVE GALLONS OF OIL WITH A SHEEN TO THE SHIP CHANNELSAYS OIL SPILL REMOVAL ORGANIZATION (OSRO) IS AT THE SITEREFINERY CAPACITY: 112,229 BARRELS PER DAY SOURCE: COMMUNITY ALERTReuters
Thu, Jun 12
Trump frustrated about the recent rise in oil prices
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before ...Reuters
Thu, Jun 12
RPT-ANALYSIS-Trump's tax-cut bill could hold back US critical minerals projects
Republican fight against green energy tax credit hits miners tooTax credit for critical minerals was part of Biden climate billChina halted exports of some minerals, created gluts of othersOwner of the only American cobalt mine went bankrupt this yearBy Ernest Scheyder WASHINGTON, June 12 (Reuter...Reuters
Thu, Jun 12
Britain ready to implement US tariff deal, trade minister says
LONDON, June 12 (Reuters) - Britain is ready to implement its side of a tariff deal with the United States and is hopeful for a proclamation from U.S. President Donald Trump to put the agreement into effect in the coming days, trade minister Jonathan Reynolds said on Thursday.British Prime Minister ...Reuters
Thu, Jun 12
ANALYSIS-Trump's tax-cut bill could hold back US critical minerals projects
Republican fight against green energy tax credit hits miners tooTax credit for critical minerals was part of Biden climate billChina halted exports of some minerals, created gluts of othersOwner of the only American cobalt mine went bankrupt this yearBy Ernest Scheyder WASHINGTON, June 12 (Reuter...Reuters
Thu, Jun 12
METALS-Copper edges up on dollar weakness, but clouds loom over demand outlook
By Ashitha Shivaprasad June 12 (Reuters) - Copper prices nudged higher on Thursday, aided by a weaker dollar, but persistent concerns over demand and unresolved trade tensions continued to cloud the market’s outlook.Three-month copper CMCU3 on the London Metal Exchange was up 0.6% at $9,703 a met...Reuters
Thu, Jun 12
Egypt agrees to buy up to 160 LNG cargoes through 2026, sources say
Purchases cost over $8 billion, straining government financesAgreements inked with companies including Aramco, Shell, Vitol Egypt's domestic gas output has plummeted By Marwa Rashad LONDON, June 12 (Reuters) - Egypt has reached agreements with several energy firms and trading houses to bu...Reuters
Thu, Jun 12
REFILE-Trump says unhappy about recent rise in oil prices
WASHINGTON, June 12 (Reuters) - U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before ...Reuters
Thu, Jun 12
Decision on oil refiner Italiana Petroli's sale expected around end-June, sources say
By Francesca Landini and Valentina Za MILAN, June 12 (Reuters) - Italiana Petroli, which is currently in talks with three suitors interested in buying the oil refiner, is expected to take a decision on the potential 3 billion euro ($3.5 billion) deal around the end of this month, two sources with...Reuters
Thu, Jun 12
US natgas prices gain 3% on rising flows to Cameron LNG plant
Storage injections hit triple-digits for record-tying seventh weekStorage additions in May hit monthly record highSabine LNG export plant seen back at full service in late JuneBy Scott DiSavino June 12 (Reuters) - U.S. natural gas futures climbed about 3% on Thursday on expectations gas flows to ...Reuters
Thu, Jun 12
Mali hearing on Barrick's Loulo-Gounkoto gold complex adjourned to June 16
BAMAKO, June 12 (Reuters) - A Malian court adjourned until June 16 a hearing on whether to put Barrick Mining's ABX.TO gold mining complex, suspended since January due to a dispute over taxes and ownership, under provisional administration, a presiding judge said on Thursday. The Malian gove...Reuters
Thu, Jun 12
ARA gasoline stocks rise 2%, Insights Global data shows
LONDON, June 12 (Reuters) - Gasoline stocks independently held in the Amsterdam-Rotterdam-Antwerp (ARA) refining and storage hub rose on the week, data from Dutch consultancy Insights Global showed on Thursday.Gasoline stocks rose 2.3% to around 1.04 million metric tons, despite there being strong d...Reuters
Thu, Jun 12
Mali hearing on Barrick's Loulo-Gounkoto complex adjourned to June 16
BAMAKO, June 12 (Reuters) - A Malian court adjourned until June 16 a hearing on whether to put Barrick Mining's ABX.TO Loulo-Gounkoto gold mining complex under provisional administration, a presiding judge said on Thursday.Reuters
Thu, Jun 12
