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Oil climbs 2% to 2-week high on geopolitical tensions
Russia says settlement with Ukraine is complexIran set to reject US nuclear proposal Canada wildfires knock out oil suppliesLow inflation in Europe could lead to interest rate cutComing Up: API's weekly US oil inventory data 4:30 p.m. ETBy Scott DiSavino NEW YORK, June 3 (Reuters) - Oil price...Reuters
Tue, Jun 3
CBOT corn ends higher, led by soybeans, crude oil
CHICAGO, June 3 (Reuters) - Chicago Board of Trade corn futures ended modestly higher on Tuesday, rallying from multi-month lows hit early in the session as spillover strength from soybeans Sv1 and crude oil CLc1 offset pressure from favorable U.S. production prospects, traders said.CBOT July corn C...Reuters
Tue, Jun 3
CBOT soybeans end higher, buoyed by higher crude oil
CHICAGO, June 3 (Reuters) - Chicago Board of Trade soybean futures rose on Tuesday, rallying from a seven-week low struck a day earlier, as strong crude oil prices lifted soyoil futures and traders weighed expectations that the leaders of United States and top global soy buyer China will speak this ...Reuters
Tue, Jun 3
Health Rounds: Older breast cancer patients using estrogen cream live longer, study finds
By Nancy LapidJune 3 (Reuters) - Hello Health Rounds Readers! Today we highlight two more potentially important studies that were presented at the American Society of Clinical Oncology scientific meeting in Chicago, which concluded on Tuesday. Both contain some positive news for patients. Estrog...Reuters
Tue, Jun 3
ANALYSIS-South Korea's new leader to seek more time for US trade talks
Seoul to take wait-and-see stance on trade talks, sources sayOpen to extending deadline, unlikely to ask from the startJapan and China considered references for bargaining powerSouth Korea better positioned than peers to strike favourable deal, analysts sayBy Jihoon Lee and Cynthia Kim SEOUL, Jun...Reuters
Tue, Jun 3
ANALYSIS-South Korea's new leader to seek more time for US trade talks
Seoul to take wait-and-see stance on trade talks, sources sayOpen to extending deadline, unlikely to ask from the startJapan and China considered references for bargaining powerSouth Korea better positioned than peers to strike favourable deal, analysts sayBy Jihoon Lee, Hyunjoo Jin and Cynthia Kim ...Reuters
Tue, Jun 3
US 'maximum pressure' campaign on Iran remains in full force, State Dept says
WASHINGTON, June 3 (Reuters) - The U.S. maximum pressure campaign against Iran remains in "full force" despite U.S. efforts to reach a new nuclear deal with Iran, State Department spokesperson Tammy Bruce told reporters on Tuesday.The Wall Street Journal reported on Sunday that a directive c...Reuters
Tue, Jun 3
Peru expects small rise in 2025 copper output, long battle versus illegal gold mining
By Marco Aquino LIMA, June 3 (Reuters) - Copper output in Peru, the world's third-biggest producer, is expected to grow slightly to 2.8 million metric tons this year, while mining investment is forecast to reach at least $4.8 billion, the country's top mining official said on Tuesday. ...Reuters
Tue, Jun 3
US natgas prices edge up to 3-week high as output declines
Canada AECO gas prices drop as wildfires rageUS daily gas output falls to 3-month lowCheniere LNG export plants reduced for maintenanceBy Scott DiSavinoJune 3 (Reuters) - U.S. natural gas futures edged up about 1% to a three-week high on Tuesday as a drop in output in recent weeks offset forecasts f...Reuters
Tue, Jun 3
PRECIOUS-Gold falls from near four-week peak on firm dollar, traders eye Trump-Xi call
Bullion down nearly 1%US job openings rebound in April; layoffs pick upUS pushes countries for best trade offers by WednesdayTrump and Xi will likely speak this week, White House saysBy Sherin Elizabeth Varghese June 3 (Reuters) - Gold fell nearly 1% on Tuesday after hitting a near four-week high...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 U.S. 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 st...Reuters
Tue, Jun 3
US tariffs could put air safety at risk, aerospace and airline industries warn
By David Shepardson WASHINGTON, June 3 (Reuters) - New tariffs on imported commercial aircraft, jet engines and parts could put air safety and the supply chain at risk or trigger other unintended consequences, groups representing global aerospace companies and U.S. airlines warned on Tuesday. The...Reuters
Tue, Jun 3
No way to restart Zaporizhzhia nuclear plant at present, IAEA chief says
By Max Hunder KYIV, June 3 (Reuters) - The idled Russian-occupied Zaporizhzhia nuclear plant in Ukraine is not in a condition to be restarted at present, due to a lack of water for cooling and the absence of a stable power supply, the head of the UN's nuclear safety watchdog said on Tuesday.W...Reuters
Tue, Jun 3
Power restored to 700,000 residents in Russian-held Ukraine after Ukrainian strikes
Ukrainian shelling, drone strikes knock out substationsAttack one of largest of its kind on Russian-held territoryZaporizhzhia nuclear plant reported to be under control MOSCOW, June 3 (Reuters) - Emergency crews restored power on Tuesday to at least 700,000 residents across a swathe of southern...Reuters
Tue, Jun 3
Glenfarne announces over $115 billion strategic partner interest for Alaska LNG project
June 3 (Reuters) - Glenfarne said on Tuesday that its unit, Glenfarne Alaska LNG, has completed the first round of its strategic partner selection process with over 50 companies who have formally expressed interest for over $115 billion of contract value for the Alaska LNG project.Reuters
Tue, Jun 3
Trump to sign order doubling metals tariffs, White House says
WASHINGTON, June 3 (Reuters) - U.S. President Donald Trump will sign an executive order on Tuesday making official his vow to double tariffs on steel and aluminum, White House spokeswoman Karoline Leavitt told reporters in a briefing. Trump on Friday announced that he would increase tariffs on t...Reuters
Tue, Jun 3
Glenfarne Announces Over $115 Billion Of Strategic Partner Interest For Alaska LNG
June 3 (Reuters) - GLENFARNE:GLENFARNE ANNOUNCES OVER $115 BILLION OF STRATEGIC PARTNER INTEREST FOR ALASKA LNGGLENFARNE: EXPECTS FINAL INVESTMENT DECISION ON DOMESTIC PORTION OF ALASKA LNG PIPELINE IN LATE Q4 2025Reuters
Tue, Jun 3
Gold Reserve affiliate submits bid in Citgo parent's auction
Dalinar Energy's bid is supported by Rusoro Mining, KochOffer combines equity and debt financing is supported by lending consortiumBesides Contrarian Funds and Gold Reserve, Vitol also competed during starting bid phaseBy Marianna Parraga HOUSTON, June 3 (Reuters) - An affiliate of miner Gold...Reuters
Tue, Jun 3
White House says it's monitoring China's compliance with trade deal
WASHINGTON, June 3 (Reuters) - The White House said on Tuesday that it is actively monitoring China's compliance with last month's tariff agreement, in response to questions on how it is handling Beijing's curbs on rare earth minerals.White House spokeswoman Karoline Leavitt also reitera...Reuters
Tue, Jun 3
