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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Markets
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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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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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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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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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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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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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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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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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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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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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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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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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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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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