News
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Grupo Mexico to sell most of its highway business for $406 mln
MEXICO CITY, June 13 (Reuters) - Mexican conglomerate Grupo Mexico has agreed to sell most of its highway business for around 7.7 billion pesos ($406.4 million), the company said in a filing on Friday.The deal includes stakes in highway operators CIBSA, OIBSA, and Autopista Silao and is expected to ...Reuters
Fri, Jun 13
Grupo Mexico to sell most of its highway business for $406 mln
MEXICO CITY, June 13 (Reuters) - Mexican conglomerate Grupo Mexico has agreed to sell most of its highway business for approximately 7.7 billion pesos ($406.4 million), including stakes in highway operators CIBSA, OIBSA, and Autopista Silao.The deal is expected to close in the second half of 2025, ...Reuters
Fri, Jun 13
EU's von der Leyen speaks with Israeli president, urges restraint amid Iran tensions
June 13 (Reuters) - European Commission President Ursula von der Leyen said on Thursday she had spoken with Israeli President Isaac Herzog about the escalating situation in the Middle East and urged all sides to show maximum restraint."I reiterated Israel's right to defend itself and protect...Reuters
Fri, Jun 13
CANADA-CRUDE-Discount on Western Canada Select narrows as global oil prices leap on Israel-Iran air strikes
June 13 (Reuters) - The discount on Western Canada Select (WCS) to the North American benchmark West Texas Intermediate (WTI) futures CLc1 narrowed on Friday, as global oil prices leaped on escalating Israel-Iran tensions.WCS for July delivery in Hardisty, Alberta, settled at $8.90 a barrel under th...Reuters
Fri, Jun 13
US Cash Crude-WTI Midland falls to 2-1/2-year low, medium sour grades firm
June 13 (Reuters) - WTI Midland differentials to crude oil at the Cushing storage hub weakened to its lowest in two and a half years on Friday, dealers said, as tight inventories and worries about geopolitical tensions strengthened prices at the hub. WTI Midland WTC-WTM eased to a 35-cent premium to...Reuters
Fri, Jun 13
TABLE-Mexico's Pemex sets July Maya price for international buyers
June 13 - Mexican state oil company Pemex revised its July term pricing formulas for crude shipped to customers in the Americas, Europe and Asia, the company's trading arm said on Friday.The following table lists adjustments to price constants for Pemex's flagship Maya heavy crude oil, as we...Reuters
Fri, Jun 13
US says monitoring Israel-Iran attacks' impact on global energy supply
Global oil prices spike 7% amid Middle East tensionsIran's oil and gas sites remain unaffected by recent conflictsStrategic reserves in focus to mitigate rising costs -analystOPEC criticizes IEA's Birol for raising market fear WASHINGTON, June 13 (Reuters) - U.S. Energy Secretary Chris Wr...Reuters
Fri, Jun 13
GRAINS-Soybeans climb, soyoil soars daily limit on US biofuel proposal
EPA proposes higher biofuel blending requirementsCorn futures rise, but ethanol demand unchangedWheat pressured by Northern Hemisphere harvest seasonBy Julie Ingwersen CHICAGO, June 13 (Reuters) - U.S. soyoil futures surged their daily limit on Friday and soybeans hit a three-week high after Pres...Reuters
Fri, Jun 13
CIF/FOB Gulf Grain-Soybean, corn barge basis bids steady to lower
CHICAGO, June 13 (Reuters) - Basis bids for soybeans and corn delivered by barge to U.S. Gulf Coast terminals were steady to lower on Friday, as oilseed futures jumped on biofuel news, traders said.At the Gulf, July soybean barge loadings traded at 73 cents over July soybean futures, and August load...Reuters
Fri, Jun 13
CBOT corn ends higher, led by soybeans, crude oil
CHICAGO, June 13 (Reuters) - Chicago Board of Trade corn futures closed higher on Friday, buoyed by strength in soybeans, soyoil and crude oil futures, traders said.CBOT July corn CN25 settled up 6 cents at $4.44-1/2 per bushel.New-crop CBOT December corn CZ25 ended up 2-1/2 cents at $4.43 a bushel....Reuters
Fri, Jun 13
Diesel most exposed to Middle East conflict, US futures surge 8%
Middle East conflict likely to impact diesel more than gasolineUS diesel futures rise 8%, while oil gains 7%, gasoline gains 4%Conflict could impact global diesel output, Middle East exportsUS retail fuel prices likely to surge over coming weeksBy Shariq Khan NEW YORK, June 13 (Reuters) - U.S. ul...Reuters
Fri, Jun 13
US Plains HRW Wheat-Basis bids steady to higher as harvest begins gradually
CHICAGO, June 13 (Reuters) - Spot basis bids for hard red winter wheat ticked up at some locations in the U.S. southern Plains on Friday, with drier weather on the horizon after a long stretch of rains delayed harvests, analysts said. Weather forecaster Vaisala said drier weather in the southern Pl...Reuters
Fri, Jun 13
U.S. nuclear power plant outages
June 13 (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
Fri, Jun 13
US energy chief monitoring any impacts to global energy supply
WASHINGTON, June 13 (Reuters) - U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House's National Security Council to monitor the situation in Middle East and any potential impacts to global energy supply. Wright said on X, after Israel's strikes o...Reuters
Fri, Jun 13
ICE canola futures surge on Iran, EPA biodiesel rules
WINNIPEG, Manitoba, June 13 (Reuters) - ICE canola futures followed surging soyoil in Chicago on Friday after crude oil shot higher and new biodiesel rules were released.• July canola RSN5 settled up $7.20 at $731 per metric ton. November RSX5 settled up $15 at $723.20. All new crop months closed sh...Reuters
Fri, Jun 13
CBOT wheat rallies, following soy and crude oil, but ends week lower
CHICAGO, June 13 (Reuters) - Chicago Board of Trade wheat futures rose more than 3% on Friday, following strength in soybeans and crude oil that appeared to spur a round of short-covering, traders said. CBOT July soft red winter wheat WN25 settled up 17-1/4 cents at $5.43-3/4 per bushel, rebounding ...Reuters
Fri, Jun 13
US natgas prices climb 3% on soaring oil futures after Israel strikes Iran
US gas storage injections hit monthly record high in MayUS gas storage injections could top 100 bcf for record 8th straight weekSabine LNG plant seen back at full service in late JuneBy Scott DiSavino June 13 (Reuters) - U.S. natural gas futures climbed about 3% on Friday, tracking gains in oil p...Reuters
Fri, Jun 13
CORRECTED-US natgas prices climb 2% on soaring oil futures after Israel strikes Iran
US August gas futures premium over July hits record highUS gas storage injections could top 100 bcf for record 8th straight weekSabine LNG plant seen back at full service in late JuneBy Scott DiSavino June 13 (Reuters) - U.S. natural gas futures climbed about 2% on Friday as gas followed oil pric...Reuters
Fri, Jun 13
CBOT soybeans hit 3-week high, soyoil ends limit-up on US biofuels proposal
CHICAGO, June 13 (Reuters) - Chicago Board of Trade soybean futures hit a three-week top on Friday and soyoil futures surged their 3-cent daily limit after the Trump administration proposed biofuel blending requirements for 2026 and 2027 that were above trade expectations, analysts said.CBOT July so...Reuters
Fri, Jun 13
Russia says Putin urged Israel to use diplomacy, not bombs, with Iran
Putin denounces Israeli action, tells Netanyahu diplomacy needed Russia has a strategic partnership pact with IranHas helped Iran with its civil nuclear energy programmeHas offered help with U.S.-Iran nuclear talks Urges restraint from both sides By Andrew Osborn and Alexander Marrow June 13 (R...Reuters
Fri, Jun 13
US EPA proposes higher biofuel blending volumes through 2027
Proposal signals support for biofuels industry from TrumpIt raises total blending volumes by around 2 billion gallonsProposal includes a boost to biomass-based diesel mandates By Stephanie Kelly NEW YORK, June 12 - President Donald Trump's administration on Friday proposed to increase the amo...Reuters
Fri, Jun 13
UK PM Starmer, Trump discuss military action in the escalating Iran-Israel conflict
June 13 (Reuters) - British Prime Minister Keir Starmer spoke to U.S. President Donald Trump on Friday to discuss the military action in the Iran-Israel conflict overnight and agreed on the importance of diplomacy and dialogue, Starmer's spokeswoman said.Starmer reiterated UK's grave concern...Reuters
Fri, Jun 13
Bunge's $34 billion Viterra merger clears final China hurdle
Bunge to close $34 billion Viterra merger around July 2China's approval was final regulatory hurdle for Bunge-Viterra dealDeal creates agribusiness giant, rivals ADM and CargillBunge shares jump 5.7% By Karl Plume CHICAGO, June 13 (Reuters) - Global agribusiness Bunge Global SA BG.N said Frid...Reuters
Fri, Jun 13
IAEA says aware of reported attacks on Iran's nuclear sites
June 13 (Reuters) - The International Atomic Energy Agency (IAEA) is aware of reports concerning the Isfahan and Fordow nuclear facilities and is seeking information from Iranian authorities regarding any potential impact, the agency said in an X post on Friday.Reuters
Fri, Jun 13
