News
Important Only
US skips hike in UK steel and aluminum tariffs as both countries eye quick trade deal
Reynolds, Greer hold talks in ParisUK Steel warns of 'body blow' if tariffs riseReynolds to meet EU trade commissioner after US talksBy Alistair Smout and Andrea Shalal LONDON/WASHINGTON, June 3 (Reuters) - The United States on Tuesday announced it would skip doubling steel and aluminum t...Reuters
Tue, Jun 3
Macron and Meloni meet in Rome after tensions on Ukraine, trade
Macron, Meloni differences flared over Ukraine coalitionItaly, France tension on politics, diplomacy, businessLeaders also discussed Libya, Middle East, joint statement saysBy Michel Rose and Angelo Amante PARIS/ROME, June 3 (Reuters) - French President Emmanuel Macron and Italian Prime Minister ...Reuters
Tue, Jun 3
FAA seeks company to lead building of new US air traffic control system
June 3 (Reuters) - The Federal Aviation Administration has issued a request for information looking for a company to build a "brand new, state-of-the-art" air traffic control system, the U.S. Department of Transportation said in a statement on Tuesday."We have an antiquated air traffic c...Reuters
Tue, Jun 3
GRAINS-Soybeans buoyed by higher crude oil; wheat sags
Soybean futures rise due to strong crude oil pricesWheat futures decline amid improved US crop ratingsTrump and Xi to discuss trade amid tariff concernsBy Julie Ingwersen CHICAGO, June 3 (Reuters) - U.S. soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as stro...Reuters
Tue, Jun 3
CIF/FOB Gulf Grain-Corn, soy barge bids remain largely steady
CHICAGO, June 3 (Reuters) - Basis bids for corn and soybeans delivered by barge to U.S. Gulf Coast terminals were largely flat on Tuesday, traders said.Farmer sales of both crops remain sluggish as they finish plantings and assess weather forecasts for the summer growing season.A gauge of farmer sen...Reuters
Tue, Jun 3
US Cash Crude-Grades rise after API shows fall in US crude stocks
June 3 (Reuters) - Grades broadly rose, dealers said on Tuesday, after traders weighed a steep drop in domestic crude stocks. Crude stocks fell by 3.3 million barrels in the week ended May 30, market sources said, citing American Petroleum Institute figures on Tuesday.Curbing gains, fuel inventories...Reuters
Tue, Jun 3
ONEOK buys remaining stake in Delaware Basin JV for $940 million
June 3 (Reuters) - U.S. pipeline operator ONEOK OKE.N said on Tuesday that it had bought the remaining stake in Delaware Basin JV from NGP XI Midstream Holdings in a cash-and-stock deal valued at $940 million.By acquiring the remaining 49.9% interest, ONEOK has gained sole ownership of the basin, wh...Reuters
Tue, Jun 3
Barclays Turns Less Cautious On Oil As Fundamentals Better Than Expected, Trade Tensions De-escalation Bolster Demand Outlook
June 3 (Reuters) - Barclays:SAYS THEY TURN LESS CAUTIOUS ON OIL AS SPOT FUNDAMENTALS ARE HOLDING UP BETTER THAN EXPECTED, AND DE-ESCALATION IN TRADE TENSIONS BOLSTER OUTLOOK FOR RESILIENT DEMANDSAYS THEY TURN LESS CAUTIOUS ON OIL ALSO AS SUPPLY HAS BEEN LARGELY IN LINE WITH EXPECTATIONSReuters
Tue, Jun 3
US steel, aluminum imports from UK to remain at 25%
WASHINGTON, June 3 (Reuters) - Tariffs on United States' imports of steel and aluminum from the United Kingdom will remain at 25% when imports from other sources will increase to 50% on June 4, according to a proclamation U.S. President Donald Trump signed on Tuesday.Reuters
Tue, Jun 3
US Navy to rename oil tanker named after gay rights activist Harvey Milk
By Idrees Ali and Phil Stewart WASHINGTON, June 3 - The U.S. Navy will rename an oil tanker that had been named after slain gay rights activist Harvey Milk, U.S. officials told Reuters on Tuesday, the military's latest move under Defense Secretary Pete Hegseth to root out diversity, equity an...Reuters
Tue, Jun 3
Airlines must ink long-term deals on greener fuels to boost volumes: Bayer exec
MONTREAL, June 3 (Rtrs) - Airlines need to reach long-term agreements to buy bigger quantities of sustainable aviation fuel if they want to boost global volumes of the lower-emission fuel required for industry climate targets, a Bayer executive said on Tuesday.Airline members of the International Ai...Reuters
Tue, Jun 3
U.S. nuclear power plant outages
June 3 (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
Tue, Jun 3
Centerpoint Energy Emphasizes Preparedness With Critical Resiliency Efforts Completed Before June 1 For 2025 Atlantic Hurricane Season
June 3 (Reuters) - CenterPoint Energy Inc CNP.N:2025 ATLANTIC HURRICANE SEASON: CENTERPOINT ENERGY EMPHASIZES PREPAREDNESS WITH CRITICAL RESILIENCY EFFORTS COMPLETED BEFORE JUNE 1; URGES CUSTOMERS TO HAVE AN EMERGENCY PLAN AND PRACTICE THAT PLANReuters
Tue, Jun 3
US Navy to rename oil tanker named after gay rights activist Harvey Milk
WASHINGTON, June 3 - The U.S. Navy will rename an oil tanker that had been named after slain gay rights activist Harvey Milk, U.S. officials told Reuters on Tuesday, the latest move in the U.S. military under Defense Secretary Pete Hegseth to root out diversity, equity and inclusion. In 2016, the U....Reuters
Tue, Jun 3
US regulator begins special inspection at Illinois Quad Cities nuclear plant
June 3 (Reuters) - The U.S. Nuclear Regulatory Commission has launched a special inspection at the Quad Cities Generating Station in Illinois, to review two events caused by battery issues, the agency said on Tuesday. Constellation Energy CEG.O operates the two-unit plant in Cordova, Illinois. ...Reuters
Tue, Jun 3
Reddit's services restored after global outage that affected thousands
June 3 (Reuters) - Social media platform Reddit RDDT.N was back up after an outage that affected nearly 31,000 users on Tuesday, according to outage tracking website Downdetector.com.Reddit said on its status page that the incident had been resolved following an investigation into elevated errors. T...Reuters
Tue, Jun 3
EU, China trade chiefs to hold fourth round of talks in June
BRUSSELS, June 3 (Reuters) - EU trade chief Maros Sefcovic and China's commerce minister, Wang Wentao, agreed to hold a fourth round of trade talks this month ahead of an EU-China summit in July, a European Commission spokesperson said on Tuesday.Sefcovic met Wang on the sidelines of an Organisa...Reuters
Tue, Jun 3
CBOT wheat ends lower as US crop ratings improve
CHICAGO, June 3 (Reuters) - Chicago Board of Trade wheat futures ended lower on Tuesday, pressured by improving U.S. wheat condition ratings and a firmer dollar, which tends to make U.S. grains less competitive globally, traders said.CBOT July soft red winter wheat WN25 settled down 3 cents at $5.36...Reuters
Tue, Jun 3
ICE canola futures rebound on vegoils rise
WINNIPEG, Manitoba, June 3 (Reuters) - ICE canola futures rebounded on Tuesday on vegoils strength.• July canola RSN5 settled up $12.10 at $698.70 per metric ton. November RSX5 rose $12.30 to $680.20. The gains did not recover all of Monday's losses.• The July contract broke beneath the 20-day m...Reuters
Tue, Jun 3
