May 29, 2020
A flurry of tentative bookings to export U.S. crude oil from the Gulf Coast suggests demand is edging up after the coronavirus slammed energy consumption...
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Markets
May 27, 2020
China’s soybean imports in April from top supplier Brazil rose 2.6% from a year earlier, customs data showed, as cargoes delayed by bad weather in...
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May 26, 2020
China’s steel association and major steelmakers have called for an increase in domestic iron ore production as well as greater investment in exploration overseas to...
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May 26, 2020
The waters off the South African oil storage terminal at Saldanha Bay are getting busy. (more…)
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May 26, 2020
A recent drop in Americas Aframax freight rates has sparked charterer inquiry and fixing activity for the US Gulf Coast-UK Continent/Mediterranean route, despite closed oil...
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May 25, 2020
Commodities trader Trafigura has seized the moment and taken a rare dominant position in the North Sea crude market over the past two weeks as...
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May 25, 2020
In recent weeks, much of the focus in the oil markets has been on the supply side, be it through OPEC+ production cuts, rapidly falling...
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May 22, 2020
Oil posted its longest streak of gains in more than a year, buoyed by output cuts across the globe that have whittled away at a...
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May 22, 2020
Chinese dry bulk demand for Australian coal is expected to weaken as end-users cancel or postpone tenders to import coal, shipping market sources said Thursday....
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May 21, 2020
Canadian and Alaskan crude that normally travels to the U.S. West Coast is finding a market in China, where demand is almost back to pre-pandemic...
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May 21, 2020
China is expected to tighten coal import rules in the second half of 2020 to shore up its struggling domestic industry, after record arrivals in...
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May 20, 2020
If China was looking to send a political message to Australia by effectively banning the import of a commodity, then barley fits the bill almost...
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May 19, 2020
Oil rose to levels not seen since Covid-19 lockdowns paralyzed the world’s largest economy, lifted by signs of recovering demand and news of a viable...
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May 19, 2020
China’s National Development and Reform Commission has told five major state-owned utilities not to buy Australian thermal coal for the time being, in a move...
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