Markets

Markets

oil_tanker

June 30, 2020

The Trump administration’s plan to add as many as 50 oil tankers to an already long list of sanctioned vessels would be enough to send...
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tanker

June 29, 2020

After U.S. crude futures took an historic plunge into negative territory in April, the two top oil price reporting agencies said on Thursday they will...
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China Flag

June 29, 2020

China’s low-sulphur marine fuel exports fell 20% last month to 1.14 million tonnes compared with April, reflecting a monthly dip in demand from international shipping,...
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EA-Gibson

June 29, 2020

In early June the US Treasury department added several tankers to its Venezuela sanctions lists for allegedly lifting oil from the country between mid-February and...
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iea

June 26, 2020

Global energy demand is set to fall by 6% in 2020, the largest in 70 years, due to the coronavirus pandemic, an expert with the...
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Employees working at cargo ship Kypros Land which is loading soybeans to China at Tiplam terminal in Santos, Brazil, Merch 13, 2017.  Picture taken March 13, 2017.  REUTERS/Paulo Whitaker

June 25, 2020

Soybean trading activity in China has not been affected by recent requests from the customs department to provide documents guaranteeing all imported cargoes are free...
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pdvsa

June 25, 2020

Tankers carrying nearly two months worth of Venezuelan oil output are stuck at sea as global refiners shun the nation’s crude to avoid falling foul...
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PetroChina's logo is seen at its petrol station in Beijing, China, March 21, 2016. Picture taken March 21, 2016. REUTERS/Kim Kyung-Hoon/File Photo - S1BEUGCZSZAA

June 23, 2020

Chinese refiners have the capacity to produce 18.1 million tonnes of low-sulphur fuel oil (LSFO) this year, which would make the country self-sufficient in the...
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Gibson

June 22, 2020

As we near the halfway point of 2020, it seems like an impossible task to summarize everything that has transpired over the past 6 months....
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bunkering

June 19, 2020

Ship fuelling activity in Fujairah in the United Arab Emirates, a bunkering and fuel storage hub in the Middle East, fell in May as declining...
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iron_ore

June 19, 2020

Dalian and Singapore iron ore futures slipped on Thursday after Brazil’s Vale SA was allowed to resume operations at a coronavirus-shuttered mining complex, but hopes...
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Intermodal

June 18, 2020

After experiencing record earnings during the first half of the year, the focus of headlines concerning the tanker market has shifted from the develop-ments regarding...
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Petrobras

June 15, 2020

Brazil’s Petroleo Brasileiro SA has told shippers it will not hire any tankers that have visited Venezuela in the past 12 months, the state-controlled oil...
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Gibson

June 15, 2020

Libya’s National Oil Corporation (NOC) announced earlier this week that production at the Al-Feel oilfield has restarted, with an initial output of 12k b/d, increasing...
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Pemex logo is seen at the headquarters of state-owned oil giant in Mexico City, Mexico March 18, 2016. REUTERS/Edgard Garrido - RTSB5IW

June 12, 2020

Mexico’s state oil giant is suspending contracts with service providers and suppliers, triggering thousands of job losses, people with direct knowledge of the situation said....
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