Markets

Markets

opec

March 28, 2017

Goldman Sachs said an extension of the joint OPEC and non-OPEC oil production cut is not warranted unless supply and demand fundamentals deteriorate. (more…)
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Taylor-Vitol

March 27, 2017

Vitol's annual traded volumes rose 16 percent in 2016 to a new record as the world's largest independent energy trader sold more gasoline and diesel...
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iron_ore

March 24, 2017

Iron ore futures in China dropped to their lowest in more than two months on Thursday, pressured by a continued slide in steel prices amid...
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dollars

March 23, 2017

The U.S. dollar hit a four-month low against the safe-haven yen on Wednesday as investors rethought growth expectations under a Trump administration that had pushed...
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fearnleys

March 23, 2017

The lacking volumes and growing tonnage lists has gradually depleted earnings for the VLCC’s. (more…)
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pacific terminal

March 23, 2017

Royal Dutch Shell agreed to lease capacity at a large oil terminal in Panama that has been used by U.S. refiner Tesoro Corp , sources...
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Intermodal

March 22, 2017

The Dry Bulk market has undoubtedly rebounded since the same period last year and currently enjoys healthier freight rates. (more…)
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iron ore

March 22, 2017

Steel and iron ore futures in China dropped 3 percent on Tuesday, retreating after recent sharp gains though the outlook for both commodities remains firm...
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Goldman Sachs

March 22, 2017

New production projects and a fresh shale boom could boost oil output by a million barrels per year and result in an oversupply in the...
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EA-Gibson

March 21, 2017

Last week saw the release of the IEA’s medium term oil market report which provides a useful insight into the future development of the oil...
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Euro, Hong Kong dollar, U.S. dollar, Japanese yen, British pound and Chinese 100-yuan banknotes are seen in a picture illustration, in Beijing, China, January 21, 2016. REUTERS/Jason Lee

March 21, 2017

Sterling fell from a three-week high against the dollar on Monday, on the news Prime Minister Theresa May will trigger Britain’s divorce proceedings with the...
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Commodities

March 21, 2017

Chinese steel and iron ore futures ticked lower on Monday but stayed near recent highs, supported by expectations that property sales in the world’s top...
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OPEc

March 21, 2017

OPEC oil producers increasingly favour extending beyond June a pact on reducing crude supply to balance the market, sources within the group said, although Russia...
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Workers move along an access way above the giant supporting legs of the Oseberg A offshore gas platform operated by Statoil ASA in the Oseberg North Sea oil field 140kms from Bergen, Norway, on Friday, Jan. 17, 2014. Statoil, Norway's biggest energy company, sees the potential to keep domestic oil and gas output at today's levels until 2025 and possibly beyond even as it tightens spending amid rising costs. Photographer: Kristian Helgesen/Bloomberg via Getty Images

March 21, 2017

Oil fell as a U.S. drilling revival undermines the potential for OPEC output curbs to rebalance the market. (more…)
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corn

March 20, 2017

The latest outlook from the U.S. government predicts warmer-than-average weather that could have a game-changing impact when the U.S. corn and soybean planting campaign gets...
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