Markets

Markets

BHP-Billiton

January 22, 2019

Global miner BHP Group said on Tuesday its second-quarter iron ore production fell 9 percent and flagged a $600 million negative impact due to production...
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oil_bar

January 22, 2019

The U.S. Energy Information Administration has published its first detailed monthly oil forecast for 2020 and it shows something that should strike fear into the...
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Gibson

January 21, 2019

The scrubber debate continues with the same intensity as it did six months ago, although there appear to be fewer announcements for new installations. (more…)
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OPEC-OPEK

January 18, 2019

The OPEC Reference Basket (ORB) fell in December 2018 for the second consecutive month, dropping $8.39, or 12.8%, month-on-month (m-o-m) to average $56.94/b. This is...
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Fearnelys

January 17, 2019

After a slow start to the week an injection of activity mid-week has seen VLCC rate nudge up slightly, although for modern ships only. (more…)
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ships

January 17, 2019

European refiners are increasing low sulfur fuel oil production in preparation for the January 2020 implementation of a 0.5% global marine fuel sulfur cap, sources...
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hedland_iron_ore_port_bulk

January 15, 2019

China’s 2018 iron ore imports fell by 1 percent from the previous year, the first annual decline since 2010, according to data from the General...
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Brexit

January 15, 2019

Sales of British malting barley to European Union brewers and malt producers for delivery after Brexit have come to a virtual stop because of uncertainty...
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soybean export brazil

January 14, 2019

When the U.S. Department of Agriculture announced a slew of key farm reports would not be released on Friday due to the partial government shutdown,...
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Gibson

January 14, 2019

It is fair to say the US crude exports have transformed the global oil markets since the crude export ban was lifted by Congress at...
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tanker_oil

January 11, 2019

Booming U.S. oil exports have set off a scramble to build Gulf Coast ports to handle more than 3 million barrels per day in new...
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Fearnleys1

January 10, 2019

VLCC January has so far not given much cause for celebration for VLCC owners. (more…)
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A flag with the Organization of the Petroleum Exporting Countries (OPEC) logo is seen before a news conference at OPEC's headquarters in Vienna, Austria December 10, 2016. REUTERS/Heinz-Peter Bader

January 9, 2019

OPEC crude oil production in December tumbled 630,000 b/d month on month, an S&P Global Platts survey of industry officials, analysts and shipping data showed...
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soybeans

January 4, 2019

China is back in the market for U.S. soybeans after taking a holiday break, just as Washington and Beijing plan more trade discussions. (more…)
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Fearnleys1

January 3, 2019

Despite the end year holidays , ships have quietly been fixed off , particularly in the Meg. (more…)
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