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US Senate should ease start date requirement for clean energy tax credits, Republican senator says
WASHINGTON, June 10 (Reuters) - The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean energy tax credits, including easing start-date requirements, said Republican Senator John Curtis on Tuesday.Curtis, one of a handful of Senate Republicans who have...Reuters
Tue, Jun 10
NextEra CEO says renewables needed as bridge to expanding gas power
By Valerie VolcoviciWASHINGTON, June 10 (Reuters) - Renewable energy sources like wind and solar power are needed to meet rapidly growing energy demand in the United States amid near-term obstacles to increasing natural gas capacity, said NextEra CEO John Ketchum on Tuesday. The head of the Florida...Reuters
Tue, Jun 10
US natural gas prices slide 2% to 1-week low on lower demand forecasts
Premium of gas futures for November over October rises to highest since 2023Daily gas output on track to drop to four-month lowStorage injections seen at 100+ bcf for record-tying seventh week in a rowBy Scott DiSavino June 10 (Reuters) - U.S. natural gas futures slid about 2% to a one-week low o...Reuters
Tue, Jun 10
Oil Price Forecast: WTI crude extends upside above $64.00 on improved US-China relations
West Texas Intermediate (WTI) crude Oil price is trading higher on Tuesday, extending its upward move for the fourth consecutive day, and supported by ongoing optimism around the second day of US–China trade talks in London.
Fxstreet
Tue, Jun 10
European Commission unveils 18th package of Russia sanctions aimed at energy, military
BRUSSELS, June 10 (Reuters) - The European Commission has proposed an 18th package of sanctions against Russia for its invasion of Ukraine, aimed at Moscow's energy revenues and military industry, European Commission President Ursula von der Leyen said on Tuesday. The new package proposes bannin...Reuters
Tue, Jun 10
CBOT Trends-Wheat down 4-6 cents, corn steady-down 1 cent, soy up 1-4 cents
CHICAGO, June 10 (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 Tuesday: WHEAT - Down 4 to 6 cents per bushelCBOT wheat fell on improved U.S. crop condition ratings and an upward rev...Reuters
Tue, Jun 10
Abiove Keeps Soymeal Production Forecast For Season At 44.1 Million Tns
June 10 (Reuters) - BRAZIL OILSEED LOBBY ABIOVE KEEPS 2024/25 SOYBEAN OUTPUT FORECAST AT 169.7 MILLION TNSABIOVE KEEPS SOYBEAN EXPORT FORECAST THIS SEASON AT 108.2 MILLION TNSABIOVE KEEPS SOYOIL PRODUCTION FORECAST AT 11.45 MILLION TNS FOR SEASONABIOVE KEEPS SOYBEAN CRUSHING FORECAST FOR SEASON AT 5...Reuters
Tue, Jun 10
HPQ, Novacium, And Pragma Industries Sign Agreement For Commercial And Industrial Green Hydrogen Production Using METAGENE Technology
June 10 (Reuters) - HPQ Silicon Inc HPQ.V:HPQ, NOVACIUM, AND PRAGMA INDUSTRIES SIGN AGREEMENT FOR COMMERCIAL AND INDUSTRIAL GREEN HYDROGEN PRODUCTION USING METAGENE™ TECHNOLOGYHPQ SILICON INC - AGREEMENT SIGNED IN APRIL 2025 CONTAINS NO MATERIAL TERMSReuters
Tue, Jun 10
GRAINS-Wheat and corn slip again on supply pressure, soybeans steady
Start of Northern Hemisphere harvest weighs down Chicago wheatFocus on U.S.-China trade talks for direction in soybean marketBy Gus Trompiz and Naveen Thukral PARIS/SINGAPORE, June 10 (Reuters) - Chicago wheat and corn futures fell for a second session on Tuesday, with corn setting a new 2025 low...Reuters
Tue, Jun 10
RPT-COLUMN-No rush for US energy as Asia's imports slip under Trump: Russell
By Clyde Russell LAUNCESTON, Australia, June 10 (Reuters) - Asian countries aren't rushing to buy U.S. energy commodities, even though lifting imports of crude oil, liquefied natural gas and coal will help meet President Donald Trump's demand for lower trade surpluses.While rare earths ma...Reuters
Tue, Jun 10
RPT-BREAKINGVIEWS-China's rare-earth lever is best used carefully
By Robyn Mak HONG KONG, June 10 (Reuters Breakingviews) - In poker, it is easy to overplay a hand by being too aggressive. China's negotiators face a similar temptation in London this week in trade talks with U.S. officials, who have signalled that Washington would ease chip export controls o...Reuters
Tue, Jun 10
RPT-COLUMN-Crop Watch: Corn improves again but soybeans still iffy: Braun
Repeats column first published on Monday. The opinions expressed here are those of the author, a market analyst for Reuters.By Karen BraunNAPERVILLE, Illinois, June 9 (Reuters) - Health conditions across the U.S. Crop Watch corn and soybean fields began this season at multi-year lows. Recent weather...Reuters
Tue, Jun 10
RPT-COLUMN-US wheat gets a glow-up: Multiyear highs for crop health, export sales: Braun
By Karen Braun NAPERVILLE, Illinois, June 9 (Reuters) - Second-worst ever. That’s how health conditions for the 2025 U.S. winter wheat crop were described last autumn.But winter wheat ratings now sit at a six-year high for early June, just as the harvest is kicking off. This is exactly what U.S. ...Reuters
Tue, Jun 10
Gold Price Forecast: XAU/USD approaches resistance at $3,340
Gold (XAU/USD) has reversed course durub¡ng the European trading session on Tuesday, and is showing moderate gains, approaching resistance at $3,340 as the Dollar gives away gains with optimism about the outcome of the US-China meeting wearing off.seemsA mild enthusiasm on the back of the positive cFxstreet
Tue, Jun 10
China’s Central Bank adds more Gold in May – ING
China’s central bank added Gold to its reserves for a seventh consecutive month in May. The People’s Bank of China added 60,000 troy ounces of Gold to its reserves last month, taking the total to 73.83 million troy ounces, ING's commodity experts Ewa Manthey and Warren Patterson note.Fxstreet
Tue, Jun 10
