Markets

Markets

Steel

August 6, 2020

Steel consumption in the European Union slid by 12% year-on-year in the first quarter as the COVID-19 pandemic worsened an already weak picture, industry group...
Read More
Red metal barrels against blue sky.

August 5, 2020

Oil demand in Asia Pacific might be expected to plunge 1.8m barrels per day (bpd) this year, but there are still strong prospects for growth...
Read More
oil_bar

August 4, 2020

Venezuela exported about 388,100 barrels per day of crude and fuel in July, almost unchanged versus the previous month, as U.S. sanctions on PDVSA continued...
Read More
Gibson

August 3, 2020

It feels like Worldscale (WS) flat rates were reset just a short time ago. However, time is rushing by and we are already beginning to...
Read More
corn

August 3, 2020

Exporters in the United States will have a busy start to the upcoming marketing year after the record or near-record soybean and corn sales this...
Read More
rio-tinto

July 30, 2020

Rio Tinto said on Wednesday it saw a sharp V-shaped recovery in China as stimulus spurred industrial activity, helping its first-half profit handily beat market...
Read More
Malta-flagged Iranian crude oil supertanker "Delvar" is seen anchored off Singapore in this March 1, 2012 file photo. The United States expects countries that buy oil from Iran to further reduce their purchases if they want to avoid U.S. sanctions, a State Department source said on December 5, 2012.  REUTERS/Tim Chong (SINGAPORE - Tags: BUSINESS POLITICS ENERGY MARITIME)

July 29, 2020

Asia will import record volumes of U.S. crude oil this month, with China leading the way, but the surge is more likely a short-term blip...
Read More
oil_prices

July 28, 2020

In March and April, as oil prices plunged to their lowest in a generation, Norwegian energy giant Equinor ASA was busy doing the opposite of...
Read More
iron_ore

July 28, 2020

China imported a total of 101.7 million mt of iron ore in June, the second highest monthly imports on record, latest China Customs data showed,...
Read More
EA-Gibson

July 27, 2020

China is set to sign a deal that will see $400 billion invested in Iran over a 25-year period. (more…)
Read More
oil_tanker_deck

July 27, 2020

China’s crude oil imports from Saudi Arabia rose 15% in June from a year ago, as refiners ordered record volumes of the fuel in March...
Read More
A Chinese ship is loaded with soybeans at Port of Santos May 19, 2015.  REUTERS/Paulo Whitaker

July 27, 2020

China has returned in full force to the U.S. soybean market following the trade dispute that began two years ago, giving American exporters hope that...
Read More
vlcc

July 23, 2020

The narrowing contango for Singapore Marine Fuel 0.5%S may compel traders to offload stocks, as monthly contango is not wide enough to cover their storage...
Read More
hedland_iron_ore_port_bulk

July 23, 2020

The iron ore market is looking increasingly bifurcated between a robust China and a lacklustre rest of the world, and the challenge is working out...
Read More
Valemax-ore-carrier

July 22, 2020

Brazilian miner Vale SA said on Monday that its second-quarter iron ore production totalled 67.6 million tonnes, up 5.5% from a year earlier and 13.4%...
Read More