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CBOT corn ends higher in rebound from multi-month lows
CHICAGO, June 10 (Reuters) - Chicago Board of Trade corn futures rose on Tuesday on a bargain-buying bounce from multi-month lows, but improving U.S. crop ratings and benign weather signaled strong production potential and kept a lid on rallies, traders said. CBOT July corn CN25 settled up 5-1/4 cen...Reuters
Tue, Jun 10
US, Mexico Closing In On Deal That Would Remove Trump's 50% Tariffs On Steel Imports Up To Certain Volume - Bloomberg News
June 10 (Reuters) - US , MEXICO ARE CLOSING IN ON A DEAL THAT WOULD REMOVE PRESIDENT DONALD TRUMP’S 50% TARIFFS ON STEEL IMPORTS UP TO A CERTAIN VOLUME - BLOOMBERG NEWSSource text: https://tinyurl.com/4s854mkrReuters
Tue, Jun 10
Oil demand growth to continue, no peak in sight, OPEC Secretary General says
OPEC forecasts 24% rise in energy needs by 2050OPEC warns of risks from inadequate investment in oil and gasOPEC secretary general criticizes net-zero targets as 'unrealistic'By Amanda Stephenson CALGARY, June 10 (Reuters) - Oil demand growth will remain robust over the next two and a hal...Reuters
Tue, Jun 10
US oil output set to fall next year for the first time since 2021, EIA says
EIA now expects US oil production to fall in 2026Prior forecasts saw US oil output hit new record next yearSlump in oil prices, declining rig count weighing on output, EIA saysBy Shariq KhanNEW YORK, June 10 (Reuters) - U.S. crude oil production will fall next year as lower commodity prices cause a ...Reuters
Tue, Jun 10
CBOT soybeans end firm on optimism over US-China trade talks
CHICAGO, June 10 (Reuters) - Chicago Board of Trade soybean futures ended modestly higher on Tuesday as optimism tied to ongoing trade talks between the United States and China, the world's No. 1 importer of the oilseed, offset pressure from improving U.S. crop ratings.CBOT July soybeans SN25 se...Reuters
Tue, Jun 10
US depends on Canadian oil, despite Trump's comments, Cenovus CEO says
Canada aims to diversify exports amid US trade tensionsCarney government seeks projects to boost Canada's energy statusBy Amanda Stephenson CALGARY, June 10 (Reuters) - The U.S. relies on Canadian oil imports, despite comments to the contrary by U.S. President Donald Trump, Cenovus Energy CVE...Reuters
Tue, Jun 10
CBOT wheat ends lower on rising US condition ratings
CHICAGO, June 10 (Reuters) - Chicago Board of Trade wheat futures fell to their lowest level in more than a week on Tuesday as improving U.S. crop condition ratings and seasonal pressure overshadowed early harvest delays and drought in Russia, traders said.CBOT July soft red winter wheat WN25 settle...Reuters
Tue, Jun 10
Oil prices hold near 7-week high as market waits for news from US-China trade talks
US and China enter second day of talks in LondonSaudi crude exports to China set to fall slightlyUpcoming: US oil inventory data from API and EIABy Scott DiSavino NEW YORK, June 10 (Reuters) - Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks betwe...Reuters
Tue, Jun 10
First crude from Guyana's fourth platform to be exported in Aug-Sep
GEORGETOWN/LONDON, June 10 (Reuters) - The first crude cargo from Guyana's fourth oil production platform, which arrived in the country in April and is being installed, is scheduled to be exported between late August and early September, the government told Reuters on Tuesday.A consortium by U.S...Reuters
Tue, Jun 10
ICE canola futures move little in consolidating market
WINNIPEG, Manitoba, June 10 (Reuters) - Nearby ICE canola futures continued to consolidate near the $710 mark on Tuesday as quiet vegoils markets and a lack of news provided little direction.• January canola RSN5 settled down 80 cents at $709.20 per metric ton. November RSX5 fell $1.40 to $691.20. •...Reuters
Tue, Jun 10
US Plains HRW Wheat-Basis bids remain steady with more rain forecast for the Plains
CHICAGO, June 10 (Reuters) - Spot basis bids for hard red winter wheat remained flat in the southern U.S. Plains on Tuesday as the harvest continued to face delays because of rainy weather, according to analysts. Showers are likely to continue to interrupt wheat harvests in the Plains in the coming ...Reuters
Tue, Jun 10
El Paso Declares Force Majeure At Line No. 1103
June 10 (Reuters) - KINDER MORGAN'S KMI.N PASO NATURAL GAS COMPANY, L.L.C (EPNG):DECLARES FORCE MAJEURE AT LINE NO. 1103 DOWNSTREAM OF PECOS RIVER COMPRESSOR STATION, IN EDDY COUTY, NEW MEXICO AND CULBERSON COUNTY, TEXAS AS IT IDENTIFIED ANOMALIESRELATED: [nAQN2KHBCH]Reuters
Tue, Jun 10
US natgas prices fall 3% to 1-week low on lower demand forecasts
Gas futures premium of November over October hit record highStorage injections hit monthly record high in May Daily gas output on track to drop to four-month lowBy Scott DiSavino June 10 (Reuters) - U.S. natural gas futures fell about 3% on Tuesday to a one-week low, on lowered forecasts for dema...Reuters
Tue, Jun 10
US energy loan office should fund oil, gas, White House aide says
WASHINGTON, June 10 (Reuters) - The U.S. Energy Department's loan office should fund oil and gas infrastructure, a White House aide said on Tuesday, as President Donald Trump's administration moves away from supporting projects designed to curb climate change. "One of the big problems i...Reuters
Tue, Jun 10
GRAINS-US wheat futures sag on crop rating boost; corn, soybeans firm
USDA raises U.S. wheat crop ratings, bolstering yield potentialTrade monitors US-China trade talksCorn, soybean futures anchored by benign US crop weatherBy Julie Ingwersen CHICAGO, June 10 (Reuters) - Chicago wheat futures fell to their lowest level in more than a week on Tuesday as improving U....Reuters
Tue, Jun 10
Barbara weakens to tropical storm after becoming first hurricane of 2025 Eastern Pacific season
By Mia MacGregorJune 10 - (The Insurer) - Hurricane Barbara, which initially formed southwest of Mexico on Monday morning as the first hurricane of the eastern Pacific season 2025 season, has since weakened to a tropical storm and is expected to dissipate by Wednesday evening. According to a Tuesday...Reuters
Tue, Jun 10
EU's new Russia sanctions to target energy sector and banks
EU proposes 18th sanctions package targeting Russia's energy, banks, militaryProposal includes full transaction ban on 22 more Russian banksZelenskiy calls for $30 oil price cap to pressure RussiaBRUSSELS, June 10 (Reuters) - The European Commission proposed on Tuesday an 18th package of sanctio...Reuters
Tue, Jun 10
Cenovus ramping up production at Christina Lake, Alberta oil sands site after shutting for wildfire risk
CALGARY, June 10 (Reuters) - Cenovus Energy CVE.TO is in the process of ramping up production at its Christina Lake oil sands site in Alberta after shutting output due to wildfire risk in early June, its CEO confirmed on Tuesday.Reuters
Tue, Jun 10
