March 21, 2019
For a glimpse into what the global oil price might look like one day, a good place to look is the Dutch port of Rotterdam....
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Markets
March 21, 2019
An increasing number of Chinese ports are holding up Australian coal shipments, with long delays now being reported at Fuzhou port in the southeastern Fujian...
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March 21, 2019
The global chasm in crude oil quality supply shows no signs of narrowing, prompting refiners to lighten their slate and leading to a market awash...
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March 20, 2019
Iron ore imports, which have been rising since the beginning of the financial year, have started declining in the last couple of months. (more…)
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March 19, 2019
A massive fire at a fuels storage company along the Houston Ship Channel may burn for two more days, an official said on Monday as...
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March 18, 2019
A second maritime firm has told Venezuela’s state-run oil firm Petroleos de Venezuela it would end all charter contracts with the company as a result...
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March 18, 2019
Opec crude production fell by 240,000 b/d in February to 30.68 million b/d, its lowest level in 4 years. (more…)
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March 18, 2019
As the shipping world scrambles to get ready for the International Maritime Organization’s IMO 2020 ruling, oil major ExxonMobil’s marine fuels outfit is “digging deep”...
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March 15, 2019
A Carlyle Group $1 billion deepwater crude export project faces a delay of up to 18 months after regulators called for a full environmental review,...
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March 14, 2019
Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed US sanctions are making potential...
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March 13, 2019
The Shipbuilders’ Association of Japan has forecast that steel consumed by its members during April 2019-March 2020 will reach 3.18 million mt, up 3% year...
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March 13, 2019
It has been noticed that the UAE met its compliance with the OPEC and non-OPEC production cuts for February, while it continues to make voluntary...
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March 12, 2019
Brazilian soya bean exports are up 85.2% in the first two months of 2019, compared to the same period in 2018. This comes on the...
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March 12, 2019
Occidental Petroleum Corp has emerged as one of the biggest exporters of U.S. shale oil, rivaling large trading firms and oil majors, in a market...
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March 7, 2019
In this week’s meeting of the National People’s Congress, China announced slower growth this year, with its gross domestic product (GDP) growth targeted at a...
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