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GRAINS-Wheat rises for 2nd session on Black Sea, China supply woes
Intensifying Russia-Ukraine conflict raises grain supply fearsFavourable US Midwest crop weather to cap corn, soybean pricesBy Naveen Thukral and Sybille de La Hamaide SINGAPORE/PARIS, June 5 (Reuters) - Chicago wheat futures rose on Thursday, supported by the escalating conflict between major gr...Reuters
Thu, Jun 5
English court bars jailed Russian tycoon from appealing in Transneft case
MOSCOW, June 5 (Reuters) - The English Court of Appeal has refused jailed Russian tycoon Ziyavudin Magomedov permission to appeal against a decision that threw out his $14 billion lawsuit against Russian oil pipeline monopoly Transneft and other firms, the company said.Magomedov sued the company and...Reuters
Thu, Jun 5
Putin is ready to help Trump on Iran nuclear negotiations, the Kremlin says
MOSCOW, June 5 (Reuters) - President Vladimir Putin told U.S. President Donald Trump that he was ready to use Russia's close partnership with Iran to help with negotiations over Iran's nuclear programme, the Kremlin said on Thursday.Trump said after a phone call with Putin on Wednesday that ...Reuters
Thu, Jun 5
Malaysia's Petronas to cut 10% of workforce, not exiting Canada, CEO says
By Ashley Tang KUALA LUMPUR, June 5 (Reuters) - Malaysian state energy firm Petroliam Nasional, or Petronas, will retrench about 10% of its workforce in a restructuring exercise, its chief executive said on Thursday. Tengku Muhammad Taufik also denied at a media briefing that the state firm was e...Reuters
Thu, Jun 5
Putin is ready to help Trump on Iran, the Kremlin says
MOSCOW, June 5 (Reuters) - President Vladimir Putin told U.S. President Donald Trump that he was prepared use the partnership between Russia and Iran to contribute to a settlement of the negotiations over Iran's nuclear programme, the Kremlin said on Thursday.Reuters
Thu, Jun 5
About 2,000 gallons of diesel spills in Baltimore waterfront, US officials say
June 5 (Reuters) - A 2,000-gallon diesel spill that originated at a hospital facility in Baltimore, Maryland, on Wednesday tainted a waterfront in a popular tourist spot in the city, but there was no impact on drinking water in the area, officials said on Thursday.The spill originated from a Johns H...Reuters
Thu, Jun 5
EUROPE GAS-Prices rise amid Norwegian maintenance and lower wind forecast
LONDON, June 5 (Reuters) - Dutch and British wholesale gas prices rose on Thursday morning, supported by ongoing Norwegian maintenance and forecasts of lower wind output, while the market monitors Russia-Ukraine developments.The benchmark Dutch front-month contract at the TTF hub TRNLTTFMc1 inched ...Reuters
Thu, Jun 5
Central banks on track for 4th year of massive gold purchases, Metals Focus says
LONDON, June 5 (Reuters) - Central banks worldwide are on track to buy 1,000 metric tons of gold in 2025, which would be their fourth year of massive purchases as they diversify reserves from dollar-denominated assets into bullion, consultancy Metals Focus said.Reuters
Thu, Jun 5
China blocks Canada's request for review of Chinese duties on agriculture, fish
June 5 (Reuters) - China has blocked Canada's request to set up a dispute panel to review additional import duties by China on certain Canadian farming products and fish, a Geneva-based trade official said on Thursday.China intervened at a special meeting of the Dispute Settlement Body on Thursd...Reuters
Thu, Jun 5
Malaysia's Petronas is not exiting its Canada business, says CEO
KUALA LUMPUR, June 5 (Reuters) - Malaysian state energy firm Petroliam Nasional is not exiting its business in Canada, its chief executive said on Thursday."Canada is crucial to our ambitions to preserve our position in the liquefied natural gas space," said Tengku Muhammad Taufik at a media...Reuters
Thu, Jun 5
ASIA COFFEE-Trade slows in Vietnam, supplies build up in Indonesia
By Phuong Nguyen and Mas Alina Arifin HANOI, June 5 (Reuters) - Coffee trading was sluggish in Vietnam this week, with domestic prices falling further following global cues and rising supplies from other robusta producers, while prices flipped to premium in Indonesia amid ongoing harvest. Farmers...Reuters
Thu, Jun 5
CORRECTED-Oil slips on US stockpile build, Saudi Arabia price cuts
By Katya Golubkova TOKYO, June 5 (Reuters) - Oil prices slipped in early trade on Thursday after a build in U.S. gasoline and diesel inventories and Saudi Arabia's cut to its July prices for Asian crude buyers. Brent crude futures LCOc1 fell 21 cents, or 0.3%, to $64.65 a barrel at 0047 GMT. ...Reuters
Thu, Jun 5
Railway track damaged after blast in Russia's Voronezh region, state TV reports
MOSCOW, June 5 (Reuters) - A railway track in Russia's Voronezh region was damaged after an blast, state television Vesti Voronezh reported, citing an unidentified source.There were no casualties as a result of the explosion, state TV reported.Regional governor Alexander Gusev said via his chann...Reuters
Thu, Jun 5
Singapore fuel oil stockpiles climb for third week in a row
SINGAPORE, June 5 (Reuters) - Onshore fuel oil stockpiles at key trading hub Singapore rose for a third consecutive week, with imports edging higher, data showed on Thursday. Residual fuel inventories STKRS-SIN were at 22.58 million barrels (about 3.56 million metric tons) in the week to June 4, up ...Reuters
Thu, Jun 5
METALS-London copper inches higher on weaker dollar; tariff developments in focus
By Hongmei Li June 5 (Reuters) - London copper prices inched up on Thursday amid a weakening U.S. dollar, while the market focus remained on a series of trade talks between the U.S. and its major trading partners.Three-month copper on the London Metal Exchange CMCU3 gained nearly 0.4% to $9,656.5...Reuters
Thu, Jun 5
Japan to propose cooperation on rare earths in US tariff talks, Nikkei reports
TOKYO, June 5 (Reuters) - Japan is planning to propose strengthening cooperation with the United States on rare earth supply chains in upcoming tariff talks, with recent export restrictions by China in mind, the Nikkei business daily reported on Thursday. Japan's Jiji Press also reported that th...Reuters
Thu, Jun 5
PRI appetite drops for parts of West Africa amid geopolitical instability
West Africa PRI project rates up 10% to 25% compared to three to four years ago, jurisdiction dependent Islamic insurgency main driver of elevated risk environment, Beazley’s Barnett says Demand for transition minerals and regional resource nationalism increasing By Michael Jones June 4 - (Th...Reuters
Thu, Jun 5
