July 26, 2021
So, after several weeks of behind the scenes talks and political wrangling, the OPEC+ alliance has once again found a way forward in its quest...
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Markets
July 23, 2021
Chinese iron ore futures fell for a fourth consecutive session, down more than 7% to their lowest levels in nearly three weeks, on prospects of...
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July 21, 2021
Dry Bulk Sales and Purchase activity has heated up during 2021, reaching record high levels during the first half of the year. (more…)
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July 21, 2021
Brazil’s soybean exports to date in July are seen lower than a year earlier as farmers hoarding stocks stoke tight supply concerns, sources told S&P...
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July 20, 2021
Saudi Arabia’s crude oil exports rose in May to 5.649 million barrels per day (bpd), their highest level in four months, Joint Organisations Data Initiative...
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July 19, 2021
VLCC spot earnings averaged just $500/day on the benchmark TD3C trade during the 1st half of this year on slow steaming, non scrubber, non ECO...
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July 19, 2021
OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which have climbed to 2-1/2 year highs as the global economy...
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July 16, 2021
In the July Short-Term Energy Outlook (STEO), we forecast the Brent crude oil price will average $72 per barrel (b) in the second half of...
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July 15, 2021
China’s coal imports in June rose 35% from a month earlier to their highest level in 2021, driven by robust demand from power generation and...
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July 14, 2021
In its latest Global Economic Prospects report, the world bank recorded the strongest post-recession global growth in 80 years, but emerging and developing countries continue...
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July 14, 2021
China’s iron ore imports fell to their lowest in 13 months in June as shipments declined, and analysts expect demand could continue to ease in...
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July 12, 2021
The 1sthalf of last year may have seen extreme fluctuations as a result of Covid-19 and the oil price war, with the past six months...
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July 8, 2021
Goldman Sachs said the collapse of OPEC+’s oil output talks have introduced uncertainty into the group’s production path, while maintaining its view of $80 a...
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July 7, 2021
The news from the edible oil markets are being dominated by Covid 19 effects ,export disruptions, and record high prices that shape the cargo flows....
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July 7, 2021
Crude oil buyers in Asia are concerned that an unexpected cancellation of an OPEC+ meeting to discuss a rise in output could drive oil prices...
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