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January 29, 2026
Two sources with knowledge of the matter confirmed on Wednesday that Citgo Petroleum, a U.S. refiner, has bought Venezuelan crude for the first since 2019. That was when it severed its ties with Petroleos de Venezuela - the state-run oil company.
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January 27, 2026
Prime Minister Narendra Modi stated on Tuesday that India's energy-related infrastructure could offer investment opportunities worth $500 billion to the South Asian nation in its quest to become independent in energy production. "We're moving from energy security to a?energy independent...
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January 26, 2026
Two sources reported that Russian crude oil cargoes dated February Urals traded in Indian ports at discounts close to the largest since 2022 compared with dated Brent, amid increased pressure from Western sanctions. The two sources claimed that…
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January 26, 2026
A fear of disruptions in production has led to a surge in the price of natural gas. This spike in prices has been felt on overseas markets and highlights the "growing globalization" of the U.S. dominated liquefied gas trade. U.S. Natural Gas Futures are at their highest level since December 2022…
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January 25, 2026
A crude tanker chartered Trafigura?departed from Venezuela's Jose Port?to Louisiana Offshore Oil Port?documents and LSEG data showed. This was the first cargo to go directly to the U.S. under a 50 million barrel supply agreement agreed between Caracas this month and Washington.
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January 22, 2026
John Healey, UK Defence Minister, said that Britain had provided tracking and?monitoring?support to a French operation to a board a sanctioned Russian oil tanker to choke off?the funds which fuel Russia's incursion into Ukraine. Healey stated…
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January 22, 2026
The French Navy?on Thursday intercepted in the Mediterranean a Russian oil tanker suspected of being part of 'the shadow fleet' that allows Russia to export its oil despite sanctions. This?operation was conducted... with support from several of our allies.
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January 22, 2026
Traders in Europe said that Taiwan's MFIG buying group purchased about 65,000 metric tonnes?of animal feed corn, which was expected to come from?the United States at an international auction on?Wednesday. They said that the yellow corn was bought at a premium estimated to be 190.97 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 20, 2026
After a hearing in Hong Kong on Tuesday, the lawyer of the Chinese captain alleged that ten witnesses would be called to testify against him in a criminal?damage case. The Chinese captain is accused of damaging undersea cable in Baltic Sea.
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January 19, 2026
Sources in the trade said that a Chinese importer purchased a cargo of Canadian Canola soon after Canadian Prime Minister Mark Carney's trip to Beijing. This could boost prospects for Canadian farmers, and undercut sales by Australia, their rival supplier.
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January 19, 2026
Sources in the trade said that a Chinese 'importer' bought a cargo Canadian canola soon after Canadian Prime Minister Mark Carney visited Beijing last week. This could boost prospects for Canadian farmers, and undercut sales of rival supplier Australia.
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January 19, 2026
Two traders with direct knowledge of the transaction said that a Chinese importer purchased a Panamax cargo of 60,000 metric tonnes of Canadian canola soon after Prime Minister Mark Carney visited Beijing last week. According to traders, the…
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January 19, 2026
KazMunayGas, Kazakhstan's oil company owned by the state, said that a fire at a power station in the Chevron-led Tengiz field was put out on Sunday. The company said that the staff was evacuated and no one had been injured. It said that the fire had started at a transformer for a turbine.
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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 16, 2026
European traders reported on Friday that South Korean flour mills purchased a total of 92,300 tons of milling grain to be sourced from the United States, in a recent international tender. This is above estimates of 50,000 tonnes. The traders reported that an additional shipment of 42…
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January 16, 2026
European traders reported on Friday that South Korean flour mills are believed to have purchased 92,300 tons of milling wheat from the United States, in an international auction held on Thursday. This is a significant increase over previous estimates, which were 50,000 tons.
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January 15, 2026
European traders reported that a group of South Korean flour mills purchased?an estimated 50 000 metric tonne?of milling?wheat?from the United States on Thursday in an international auction. The purchase included a variety of wheat types, and all were purchased on a 'free on board' (FOB) basis.
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January 15, 2026
Oil prices have reached a three-month-high due to simultaneous geopolitical tensions in Venezuela and Iran, as well as the Black Sea. This has created a dangerous environment for investors, even though a massive supply glut is still hanging over the market.