News
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US judge extends Citgo auction's calendar, final hearing moved to Aug
HOUSTON, June 11 (Reuters) - A U.S. judge in Delaware has approved a calendar extension for a court-organized auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, moving the sales process' final hearing to August 18, according to a filing on Wednesday.The new calendar, app...Reuters
Wed, Jun 11
US natgas prices edge up on rising demand, signs of higher flows to Cameron LNG
Cameron LNG showing signs of exiting maintenance reductionGas storage on track for 7th triple digit injectionGas storage injections hit monthly record high in May By Scott DiSavino June 11 (Reuters) - U.S. natural gas futures edged up about 1% on Wednesday on forecasts for more demand this week t...Reuters
Wed, Jun 11
CBOT Trends-Wheat up 3-5 cents, corn up 3-6 cents, soy up 3-5 cents
CHICAGO, June 11 (Reuters) - The following are U.S. expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Wednesday: WHEAT - Up 3 to 5 cents per bushelCBOT wheat ticked up as U.S. President Donald Trump said on Wednesday the...Reuters
Wed, Jun 11
UK to invest 9.4 billion pounds in carbon capture and storage
LONDON, June 11 (Reuters) - Britain will invest 9.4 billion pounds ($12.73 billion) in technology to capture and store carbon dioxide emissions, government documents published on Wednesday showed, as finance minister Rachel Reeves set out near-term spending plans.Projects being supported include the...Reuters
Wed, Jun 11
UK to invest billions in Scotland, Wales and Northern Ireland, Reeves says
LONDON, June 11 (Reuters) - British finance minister Rachel Reeves announced on Wednesday, in her first multi-year spending review, 52 billion pounds ($70.15 billion) of investment for Scotland, 23 billion for Wales and 20 billion for Northern Ireland. "This government takes seriously its commi...Reuters
Wed, Jun 11
CPC pipeline daily oil supplies in May down 6% from April
MOSCOW, June 11 (Reuters) - The Caspian Pipeline Consortium (CPC) reduced daily oil pumping in May by 6% from April to 5.906 million metric tons (1.51 million barrels per day), according to an industry source and Reuters calculations. CPC, which carries more than 80% of all Kazakh oil exports, co...Reuters
Wed, Jun 11
Oklo moves closer to nuclear power agreement with US Air Force
WASHINGTON, June 11 (Reuters) - Oklo OKLO.N, a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor. WHY IT'S IMPORTANTNuclear power...Reuters
Wed, Jun 11
EXCLUSIVE-Frustrated by Mexico's Pemex, Hokchi Energy pushed to change who buys its oil, sources say
Pemex is often months behind on payments for oil and gasState company's commercial arm PMI is seen as more reliableHokchi Energy is owed some $380 mln by Pemex, source saysBy Ana Isabel Martinez, Adriana Barrera and Stefanie Eschenbacher MEXICO CITY, June 11 (Reuters) - Mexico's Hokch...Reuters
Wed, Jun 11
Russia says it's ready to remove highly enriched uranium from Iran
Russia says efforts for a deal should be redoubledMoscow says ready to accept nuclear materials By Guy Faulconbridge and Parisa Hafezi MOSCOW, June 11 (Reuters) - Russia said on Wednesday it stood ready to remove highly enriched uranium from Iran and convert it into civilian reactor fuel as a pot...Reuters
Wed, Jun 11
REFILE-Peru turns to China as US tariffs squeeze blueberry exports
Peru the No. 1 blueberry exporter globally, top supplier to USALocal growers are looking to diversify markets amid trade warPeru, USA have a free trade agreement dating back to 2009By Marco Aquino PISCO, Peru, June 11 (Reuters) - In Peru's Pisco Desert, rows of blueberry bushes towering as mu...Reuters
Wed, Jun 11
GRAINS-Soy near 2-week high on US-China trade hopes, corn and wheat recover
US, China agree on framework to put trade truce back on trackCorn moves away from 6-month low, wheat snaps 2-day fallFavourable US and global crop prospects hang over grain marketBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 11 (Reuters) - Chicago soybean prices ticked up on Wednesday t...Reuters
Wed, Jun 11
Magnitude 6.4 earthquake hits off Taiwan's east coast, agency says
TAIPEI, June 11 (Reuters) - A 6.4 magnitude earthquake struck off Taiwan's east coast on Wednesday, the island's Central Weather Administration said.The quake had a depth of 30.9 km, it added. There were no immediate reports of damage.Reuters
Wed, Jun 11
Kremlin says EU-proposed lower Russian oil price cap is not helpful for global markets
EU has proposed new package of sanctions against RussiaEU buys 6% of Russian oil - think tankRussian oil price has stabilised below cap of $60/bbl MOSCOW, June 11 (Reuters) - A lower price cap for Russian oil proposed by the European Commission to punish Moscow for its war in Ukraine will not con...Reuters
Wed, Jun 11
States would struggle to administer food stamp benefits under Republican tax bill
Republican bill would shift some food stamp costs away from federal government States and local governments would be left to shoulder $22 billion in costs, according to a Reuters analysisMore than 41 million people receive SNAP benefits By Leah Douglas WASHINGTON, June 11 (Reuters) - U.S. states ...Reuters
Wed, Jun 11
Kremlin says EU-proposed lower Russian oil price cap not helpful for global energy
MOSCOW, June 11 (Reuters) - A lower price cap for Russian oil proposed by the European Commission does not contribute to the stabilization of global energy markets, Kremlin spokesperson Dmitry Peskov said on Wednesday.In its new package of sanctions against Russia over Ukraine, the Commission on Tue...Reuters
Wed, Jun 11
