Markets

Markets

crude

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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soybean export brazil

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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Chinese national flags are flying near a steel factory in Wu'an, Hebei province, China, February 23, 2017. Picture taken February 23, 2017.  REUTERS/Thomas Peter

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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Tanker

May 26, 2020

The waters off the South African oil storage terminal at Saldanha Bay are getting busy. (more…)
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aframax1

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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Trafigura logo is pictured in the company entrance in Geneva March 11, 2012.  REUTERS/Denis Balibouse

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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Gibson

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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crude oil export korea

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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Australian Newcastle coal

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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FILE PHOTO - The Nord Steady, a chemical/oil tanker, anchors before mooring at a Vancouver-area Chevron refinery in Burnaby, British Columbia, Canada November 17, 2016. REUTERS/Chris Helgren

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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Coal

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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FILE PHOTO - The headquarters of of mining company Vale SA is pictured, in St-Prex, Switzerland January 30, 2019. REUTERS/Denis Balibouse

May 20, 2020

Vale has reopened its distribution centre in Malaysia. (more…)
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ships

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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oil tanker

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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Australian Newcastle coal

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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