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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 4, 2026
European traders reported on Wednesday that the state grain board of Turkey, TMO, had issued an "international tender" to purchase and import approximately 255,000 metric tonnes of animal feed barley. Barley is sought to be shipped between February…
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January 31, 2026
As demand for Urals crude drops and customers consider the growing risks of sanctions, traders are increasingly using tanks to store it. Calculations based on LSEG data and trade data. India and Turkey, two major importers of Russian oil, have…
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January 30, 2026
Citi said that it expects U.S., Israel and other countries to take limited action against Iran over its nuclear program in the near future. This will avoid an escalatory reaction to force the country to a deal. Bank of America said that the smaller steps could include limited U.S.
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January 21, 2026
The Indonesian Attorney General's Office announced on Wednesday that it would auction an 'Iranian flagged supertanker' later this month. It was seized by Indonesian authorities in 2023, on suspicion of illegally transshipping crude oil. The MT Arman 114…
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January 19, 2026
European traders reported that Algeria's state grain agency OAIC had?purchased milling wheat at an?international?tender which?closed?Monday. Initial reports indicated that the cost of a metric tonne, including freight and other charges (c&f), was around $254.
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January 19, 2026
The Saudi Arabian General Food Security Authority, the state grain agency, bought 907,000 metric tonnes of wheat at an international auction on Monday. The GFSA had issued a tender for up to 595,000 tonnes, which closed on Friday. They said…
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January 16, 2026
An industry source said that oil exports via the Caspian 'Pipeline' - consortium, which transports oil from Kazakhstan to a Russian terminal in the Black Sea - plummeted 24% in December following a drone strike. Sources claim that exports fell?from November to 3.98 metric tonne…
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January 15, 2026
Initial assessments by traders indicated that the lowest price offered to?buy and?import 210,000 metric tonnes of animal feed barley from Turkey's state grainboard TMO on Thursday was just over $259 per tonne cost and freight included. Initial assessments showed that the lowest bids were $259.25…
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January 13, 2026
Iran has ?released ?the Greek-owned, Marshall-Islands-flagged tanker MT St. Nikolas it seized in the Gulf of Oman in January 2024, a ?company source told on Tuesday. Source: The vessel was released on 8th January and has been at Shinas Port in Oman since 12th January with 13 crew members on board.
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January 12, 2026
According to Tanker Trackers, Iran has released the St. Nikolas tanker, which is a Greek owned Suezmax that it had seized in 2024. Iranian state media reported that Iran had seized the tanker - which was carrying Iraqi oil destined for Turkey - in revenge for the U.S.
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January 12, 2026
Maersk, a Danish shipping company, announced on Monday that one of its vessels had successfully navigated the Red Sea and Bab El-Mandeb Strait. This comes weeks after the firm tested the route in anticipation of normal shipping traffic following the Gaza ceasefire.
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January 9, 2026
European traders reported on Friday that the state-owned?grain board TMO of Turkey has issued a?international tender for the?purchase and importation of about 210,000 tons animal feed barley. The deadline to submit price offers in the tender is 15 January.
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January 9, 2026
Energy Secretary Chris Wright told reporters that there is a "real possibility" the U.S. might use its Export-Import Bank to 'fund large oil projects' in Venezuela. This was before President Donald Trump met with industry executives later on Friday.
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December 23, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by changing output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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December 23, 2025
In a newspaper interview published on Tuesday, Dmitry Patrushev, the Deputy Prime Minister, said that low global prices have slowed down Russian grain exports during this marketing season. He also stressed that Russian grain remains in high demand.
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December 23, 2025
Bahrain's only oil refiner BAPCO Energies shipped its first diesel cargo in Australia for nearly two-and-a half years. This was based on data from shiptrackers, three sources of trade, and other sources. The company is ramping up production and exports as part of a capacity expansion.
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December 22, 2025
The conventional wisdom on the crude oil markets is that producers like OPEC+ largely control the price of crude oil by adjusting output levels in order to achieve a desired result. This shibboleth has been challenged by China in 2025, who used…
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on
December 19, 2025
Ship tracking data revealed that a tanker under U.S. sanctions, carrying 300,000 barrels naphtha from Russia, entered Venezuelan waters on Thursday night, while another started re-routing course?into the Atlantic Ocean. This was a result of differing last-minute decisions made by ship owners…
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December 17, 2025
European traders reported on Wednesday that Jordan's state grain buyer has issued an international tender to purchase?up? to?120,000 metric tonnes of milling wheat, which can come from any origin. The deadline for submitting 'price offers' in the tender will be December 23.