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CANADA-CRUDE-Discount on Western Canada Select unchanged
June 5 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate futures (WTI) CLc1 was unchanged on Thursday.WCS for July delivery in Hardisty, Alberta, settled at $9.10 a barrel under the U.S. benchmark WTI, according to brokerage CalRock, flat...Reuters
Thu, Jun 5
CBOT wheat ends firm on short-covering, Black Sea jitters
CHICAGO, June 5 (Reuters) - Chicago Board of Trade wheat futures closed modestly higher on Thursday on short-covering amid rising tensions between major grain suppliers Russia and Ukraine, traders said.CBOT July soft red winter wheat WN25 settled up 2-1/4 cents at $5.45-1/2 per bushel.K.C. July hard...Reuters
Thu, Jun 5
US Cash Grains-Soy bids flat-lower, farmers not focused on sales
CHICAGO, June 5 (Reuters) - Spot soybean basis bids were flat to lower in the U.S. Midwest on Thursday, while corn bids stayed mostly unchanged, spot checks showed.The soybean basis eased at a port terminal in Toledo, Ohio, and at a crush plant in Sioux City, Iowa.Farmers were focused on their recen...Reuters
Thu, Jun 5
CIF/FOB Gulf Grain-Soybean barge bids mostly steady, corn bids ease
CHICAGO, June 5 (Reuters) - Basis bids for soybeans delivered by barge to U.S. Gulf Coast terminals were mostly steady on Thursday, while corn bids were slightly lower, traders said.U.S. President Donald Trump and Chinese leader Xi Jinping held a rare leader-to-leader call to iron out trade disputes...Reuters
Thu, Jun 5
U.S. nuclear power plant outages
June 5 (Reuters) - The following table lists total U.S. nuclear power generation capacity and the capacity offline due to planned and unplanned reasons, according to the daily data from the U.S. Nuclear Regulatory Commission.Total capacity EL-USTOTCAP-MW ......... 96,986 MW Total ...Reuters
Thu, Jun 5
CBOT corn ends higher, following soybeans; US crop weather eyed
CHICAGO, June 5 (Reuters) - Chicago Board of Trade corn futures ended higher on Thursday, following soybeans on news that U.S. President Donald Trump and Chinese leader Xi Jinping held a rare leader-to-leader call to iron out trade disputes between the world's two largest economies, traders said...Reuters
Thu, Jun 5
CBOT soybeans climb to one-week high on US-China trade hopes
CHICAGO, June 5 (Reuters) - Chicago Board of Trade soybean futures hit their highest in more than a week on Thursday on optimism about the U.S. trade relationship with China, the world's largest soybean buyer, after leaders of the two countries spoke by phone for more than an hour.CBOT July soyb...Reuters
Thu, Jun 5
Irving Oil invests $100 million in Saint John refinery upgrade
By Nicole JaoNEW YORK, June 5 (Reuters) - Irving Oil said on Thursday it plans to invest $100 million to upgrade a key crude oil processing unit at its 320,000 barrel-per-day Saint John facility in New Brunswick, Canada's largest refinery.The refiner plans to increase the efficiency and reliabil...Reuters
Thu, Jun 5
ICE canola futures bounce off $700 but show relative strength
WINNIPEG, Manitoba, June 5 (Reuters) - ICE canola futures failed to break through the $700 level on Thursday, but showed relative strength versus soyoil and palm.• July canola RSN5 settled up $3.90 at $698.90 per metric ton. November RSX5 rose $4.70 to $681.20.• July's failure to hold on to intr...Reuters
Thu, Jun 5
Trump and Carney are in direct contact over tariffs, says Canadian minister
OTTAWA, June 5 (Reuters) - Canadian Prime Minister Mark Carney and U.S. President Donald Trump are in direct communication as part of Ottawa's bid to persuade Washington to lift tariffs, Industry Minister Melanie Joly said on Thursday."We are in a trade war and it's normal that at the sa...Reuters
Thu, Jun 5
Tariff-fueled surge in container shipping rates shows signs of peaking
June quotes for SCFI off-contract container spot rates moderateDrewry's Container Forecaster sees weakening demand in second half of 2025Container shipping rates viewed as gauge of economic conditions LOS ANGELES, June 5 (Reuters) - Container shipping rates continued their climb this week, fu...Reuters
Thu, Jun 5
Tech giants' indirect emissions rose 150% in three years as AI expands, UN agency says
By Olivia Le PoidevinGENEVA, June 5 (Reuters) - Indirect carbon emissions from the operations of four of the leading AI-focused tech companies rose on average by 150% from 2020-2023, due to the demands of power-hungry data centres, a United Nations report said on Thursday. The use of artificial int...Reuters
Thu, Jun 5
IAEA team at Ukraine's Zaporizhzhia says it heard repeated rounds of gunfire
June 5 (Reuters) - International monitors at the Russian-held Zaporizhzhia nuclear power plant in Ukraine heard repeated rounds of gunfire that appeared to be aimed at drones reportedly attacking the site's training centre, the U.N.'s nuclear watchdog said on Thursday.Russian forces seized t...Reuters
Thu, Jun 5
WTI Price Forecast: WTI Crude Oil holds gains above $62, momentum builds for further upside
West Texas Intermediate (WTI) crude oil extends its recovery on Thursday, building on early week gains as bulls capitalize on a bullish flag breakout. At the time of writing, WTI is trading around $62.80, up nearly 1.20% on the day, and slightly below the intraday high of $63.30.
Fxstreet
Thu, Jun 5
Oil settles up as US, China teams to meet following Trump, Xi trade call
Trump says in social media post US and Chinese teams to meet shortly US gasoline, distillate stocks post big weekly buildsSaudi Arabia cuts prices for Asian crude buyers to 2-month lowBearish economic outlook weighs on oil prices, analysts sayBy Georgina McCartney HOUSTON, June 5 (Reuters) - Oil ...Reuters
Thu, Jun 5
Brazil's poultry exports fell in May, hit by bird flu case
BRASILIA, June 5 (Reuters) - Brazil's poultry exports fell in both value and volume in May from a year earlier, government data showed on Thursday, as trade restrictions following a bird flu case weighed on the sector.Herlon Brandao, director of Statistics and Foreign Trade Studies at the Minist...Reuters
Thu, Jun 5
US natgas prices ease on big storage build, low flows to LNG export plants
Last week's storage build biggest since October 2022Gas stockpiles now about 5% above normalLNG export feedgas down in May and June due to maintenanceBy Scott DiSavino June 5 (Reuters) - U.S. natural gas futures eased about 1% on Thursday on a bigger-than-expected storage build and lower gas ...Reuters
Thu, Jun 5
Drillers, unions urge US senators to preserve hydrogen credit
By Timothy Gardner WASHINGTON, June 5 (Reuters) - A coalition of nearly 250 companies and business and labor groups on Thursday urged top U.S. Republican senators to preserve a credit for the emerging hydrogen fuel industry as they hash out President Donald Trump's tax and spending bill. Oil ...Reuters
Thu, Jun 5
Nippon Steel And United States Steel Are On Pace To Finalize Their Deal Ahead Of A Deal Deadline Later This Month - Bloomberg News
June 5 (Reuters) - NIPPON STEEL AND UNITED STATES STEEL ARE ON PACE TO FINALIZE THEIR DEAL AHEAD OF A DEAL DEADLINE LATER THIS MONTH - BLOOMBERG NEWS (ADDS DROPPED WORD 'STEEL')Source text: https://tinyurl.com/3whhnrpnReuters
Thu, Jun 5
PRECIOUS-Gold falls as Xi-Trump call signals thaw in trade tensions; silver hits 13-year high
US non-farm payroll data due on FridayTrump says Fed chief must lower borrowing costsPlatinum drifts nearly 5% higher By Sherin Elizabeth Varghese June 5 (Reuters) - Safe-haven gold reversed course to fall on Thursday after U.S. President Donald Trump and Chinese leader Xi Jinping agreed to furth...Reuters
Thu, Jun 5
