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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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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 10, 2026
Brent 'oil prices will remain above $95 per barrel for the next two months, according to the Energy Information Administration in its short-term energy outlook report. Brent crude futures will then drop below $80 per barrel in the third quarter…
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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.
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February 11, 2026
Data from traders, LSEG, and calculations on Wednesday showed that ultra-low-sulphur fuel loadings at the 'Russian port Primorsk' may fall by 17% in February compared to last month, due to a 'lower fuel production and harsh Baltic weather, which disrupts supplies.
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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
Shell announced on Tuesday that it has agreed to'sell' a 20% stake of its Orca offshore Brazil project to Kuwait Foreign Petroleum Exploration Company. Shell said it will retain a 50% stake in the project and continue to be the operator. It…
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January 20, 2026
Data from traders LSEG, and calculations revealed a Tuesday that ultra-low-sulphur-diesel loadings in the Russian 'port of Primorsk could rise by 'about one-third - from December to January and may exceed 2.2 million metric tonnes, due to higher fuel production and a seasonally -weaker demand.
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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 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 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 18, 2025
Washington imposed sanctions on 29 vessels, their management companies and related firms on Thursday as it targeted Tehran's alleged "shadow fleet" that exports Iranian oil and petroleum products. U.S. Treasury says the targeted vessels and…
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December 16, 2025
U.S. crude oil futures jumped more than 1% on Wednesday after U.S. President Donald Trump ordered "a total and complete" blockade against all sanctioned tankers that enter or leave Venezuela. U.S. Crude Futures rose 1.3% or 72 cents to $55.99 as of 0022 GMT.
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December 2, 2025
Traders in Europe said that the state grain agency of Algeria, OAIC, has launched an international tender for soft milling wheat. The wheat must be sourced from origins other than Algeria. Algeria usually buys more than the nominal amount sought in its tenders.
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November 30, 2025
On Sunday, Britain, New Zealand, and Australia made it to the $2 million SailGP championship grand final, while Spain, a defensive team, narrowly missed out. After racing in the final event of SailGP 2025's season, the trio secured their place in the winner-takes all final.
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November 27, 2025
Abu Dhabi will offer tricky light winds, a compact course and a $2 million prize for teams competing for a spot in the SailGP Grand Final this weekend. SailGP’s fifth season culminates in a race where the crew with the highest score wins it all. This is called Formula One on the water.
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November 24, 2025
Saudi Arabia's General Food Security Authority, which is the main government wheat purchasing agency, announced on Monday that it had purchased 300,000 metric tonnes of wheat through a tender. The agency stated that the purchase was for hard wheat with a 12.5% protein content…
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October 23, 2025
European traders reported on Thursday that Algeria's state grain agency OAIC purchased approximately 600,000 metric tonnes of milling wheat at an international auction which ended on Wednesday. The trader estimates for the purchase of Wednesday evening ranged between 500,000 and 600,000 tonnes.
