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April 23, 2026
In the past decade, we have seen a rapid succession global energy crises, fueled by conflict, extreme weather and supply chain snarls. The highly fragmented oil and gas market of today is becoming more interconnected, and as the transition to a low-carbon economy accelerates…
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April 14, 2026
This week, oil and gas 'producer ENI?finished loading the first cargo of Venezuelan heavy?crude to reach Spain in nearly two years. Since Caracas and Washington agreed on a landmark supply deal in January, trading?houses such as Trafigura, Vitol…
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April 6, 2026
According to a document from the company and data about shipping, on Monday, an Indian refiner Reliance Industries unit commenced loading a cargo of Venezuelan crude oil that was 'directly purchased from state-run energy company PDVSA. Caracas…
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April 1, 2026
According to data from ship tracking, Venezuelan monthly 'oil exports' surpassed 1 million barrels per a day for the first since September. Sales to refiners and trading houses in India, as well as shipments to the Caribbean by trading companies for storage, pushed up the volumes.
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March 25, 2026
According to documents and data on shipping, U.S. suppliers shipped approximately 30,000 barrels of fuel this year to Cuba's private industry. This suggests a Trump administration plan to give the private sector a boost over state-run enterprises is in full swing.
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March 24, 2026
?European Traders reported on Tuesday that Algeria's state grain agency OAIC had issued an international?"tender" to?buy flour milling. The tender stipulated shipment in two periods: June 1-15, and June 16-30. The traders stated that if the wheat is from South America…
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March 23, 2026
The number of ships diverting around the Cape of Good Hope is increasing, as the Middle East war has reshaped global shipping routes. This boosts the role of Africa as a hub for bunkering. Since late 2023 when Houthi attacks against Red?Sea?shipping?began…
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March 23, 2026
Japan Petroleum Association President Shunichi Kito said on Monday that North America was a potential source of alternative crude oil for Japanese refiners. Ecuador, Colombia, and Mexico were also considered as options. Oil buyers around the…
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March 11, 2026
Ship tracking data reveals that an oil tanker, seized by the United States for carrying Venezuelan crude oil, is going to 'transfer' the crude oil to a smaller vessel near the Texas coast which can then take it to shore. Last month, the United…
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March 3, 2026
Venezuelan oil exports 'fell 6.5% from a month ago to'some 737,000 barges per day' as more shipments into the 'United States' and 'Europe' 'couldn't fully offset the 'loss' of what used to be OPEC's main market - China', according to documents and vessel monitoring data from the state company PDVSA.
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February 26, 2026
Sources familiar with the transaction said that Saudi Aramco’s U.S. Trading division purchased a cargo?of Venezuelan Boscan heavy crude for delivery in March, marking its first purchase of this heavy crude suitable for asphalt production. One…
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February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical 'friction' affecting almost a third its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even if the reality on the ground suggests otherwise.
Posted to Maritime Reporter
on
February 26, 2026
OPEC+ will meet on Sunday to decide its next production step amid increased geopolitical tensions that affect nearly a third?of?its output. This volatility could give the group the cover it needs to maintain its narrative of a balanced market, even though the facts in the field suggest otherwise.
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February 24, 2026
Four sources and shipping data indicate that buyers and trading houses of Venezuelan oil chartered the very large crude carriers to export the South American nation?since the Caracas-Washington deal was signed. This move will boost deliveries to India.
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February 24, 2026
Traders in Europe reported that Algeria's OAIC, the state grains agency, bought milling wheat amidst an international tender which closed on Tuesday. They reported that purchases were between $259 and $250 per metric ton with cost and freight included.
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February 24, 2026
Sources and data indicate that trading houses and buyers of Venezuelan oil chartered the very large crude carriers to export from the South American nation since the Caracas-Washington deal was signed. This is expected to increase shipments to India and speed up the process starting in March.
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February 20, 2026
According to data provided by the oilseed lobby Abiove, trucks loaded with soybeans had to wait in a 28-kilometer-long line to deliver their product to terminals at Miritituba port on the Amazonian coast of Para state. Terminals are operated by Cargill…
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February 6, 2026
Sugar beet planting is nearing a decade-low amid falling prices. Industry executives said this at the Dubai Sugar Conference on Thursday. Sugar consumption in Western Europe and America is decreasing due to increased taxes on sugary drinks, increasing health concerns…
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February 6, 2026
A shipping schedule seen by shows that an oil tanker which has been transporting Venezuelan fuel - to Cuba since April 'last year- finished 'loading this week a 150,000 barrel cargo of gasoline. This could be a sign that Venezuela is preparing to ship supplies -to the island, under U.S. oversight.
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February 4, 2026
According to traders and shipping data, oil refiners in the U.S. Gulf Coast struggle to absorb the rapid increase of Venezuelan crude since last month's $2 billion deal between Caracas & Washington. This has pushed up prices and left some volumes unsold.