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February 6, 2026
Brazil's Petrobras purchased a 42.5% share in an oil exploration field near the coast of Namibia, the state-run firm announced?on Friday. The company is looking to replenish its oil reserves by exploring new frontiers in Africa. Petrobras announced…
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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.
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February 4, 2026
According to traders and shipping information, oil refiners in the U.S. Gulf Coast struggle to absorb an influx of Venezuelan crude since last month's $2 billion deal, which was a "flagship" agreement between Washington and Caracas. This has pushed up prices and left some volumes unsold.
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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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February 4, 2026
Nonghyup Feed Inc., the leading South Korean animal food maker (NOFI), bought an estimated 134,000 metric tonnes of animal feed corn on Tuesday in a?international bid that sought up to 207,000 metric tons. Traders said that two consignments each of up to 67…
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February 2, 2026
The hard economic reality of oil will sabotage President Donald Trump's efforts to funnel U.S. crude oil and Venezuelan crude into India, as part of an overall trade agreement. Details of the deal, which was announced by President Trump and…
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February 2, 2026
According to reports by the illegal armed group in Colombia and the government, Jose Gonzalo Sanchez, the second-in command of Colombia's Clan del Golfo - the largest illegal armed?group in the country - died when the boat he was travelling…
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February 2, 2026
Shipping data shows that Venezuelan oil exports jumped to a record?800,000. barrels per day in January under the control of the United States, from 498,000 barrels per days in December. This was after the capture by the U.S. of President Nicolas Maduro…
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February 2, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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January 31, 2026
China's net copper imports last year fell to the lowest level since 2017. They totaled 3.03 million metric tonnes. Exports grew dramatically, despite a drop in inbound shipments of only 5% compared to 2024. The largest copper buyer in the world shipped almost 800,000 tonnes.
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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 29, 2026
Citgo Petroleum, a U.S. refiner, has purchased Venezuelan crude oil for its first purchase since 2019. This was when Citgo severed its ties with Petroleos de Venezuela (its parent company), two sources said on Wednesday. The 830,000-barrel-per-day refiner…
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January 29, 2026
Two U.S. officials said on Wednesday that the United States will hand over to Venezuela a fuel tanker it had seized earlier this month. Since late last year, the United States has been attempting to seize oil tanks 'linked' to Venezuela. Seven arrests have taken place.
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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 29, 2026
The French shipping company CMA CGM has partnered with U.S. investment group Stonepeak to form a joint-venture valued at almost $10 billion. This venture will 'operate and develop port terminals in the United States, among others,' the companies announced on Wednesday.
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January 27, 2026
Families of two men who were killed by a U.S. military missile strike on a suspected drug ship that was?traveling from Venezuela have filed a lawsuit for wrongful death. They claim the pair were "murdered" in a "manifestly illegal" military campaign against civilian vessels.
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January 27, 2026
Families of two men who were killed by a U.S. military missile strike on a suspected drug ship near Venezuela have filed a lawsuit for wrongful death. They claim that the pair was murdered as part of a "manifestly illegal" military campaign against civilian vessels.
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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.
