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January 14, 2025
Bretana crude, a niche oil from Peru, is becoming increasingly popular in the United States. The first cargo was discharged in the U.S. Gulf Coast last month. U.S. refiners are looking for alternatives to Mexican heavy crude. Bretana is a heavy…
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January 13, 2025
Data released on Monday showed that China's crude imports dropped 1.9% in 2024. This was the first decline in over two decades, outside of pandemics. The data also revealed that fuel demand peaked and a tepid economy growth dampened purchases.
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January 10, 2025
Emergency services reported on Friday that a tugboat had stopped a Panama flagged tanker, carrying 99,000 metric tonnes of oil, from drifting uncontrollably off the coast of Germany's Baltic Sea near Ruegen. It said that the 274-metre tanker…
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January 10, 2025
stated. South America or South Africa just. South Korea. The seller was stated to be trading house ADM. port unloading for May 20 arrival in South Korea. stated to be trading house Olam. estimates of prices and volumes are possible later on. March 22 and April 10 if sourced from the U.S.
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January 9, 2025
In a statement released on Thursday by the coal importers' lobby VDKi, they said that Germany's hard coal-powered power plants remain an important backup to ensure supply in times of low wind and solar energy. They also called for better compensation.
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January 9, 2025
European traders reported on Thursday that the Algerian state agency ONAB was believed to not have purchased any corn in an auction which ended on Tuesday. The tender called for 240,000 metric tonnes of corn, to be sourced exclusively from Argentina or Brazil.
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January 8, 2025
The state grain buyer of Jordan has announced an international tender for up to 120,000 tons of milling whey that can come from optional origins. The deadline to submit price proposals in the tender is January 14. The traders had expected an announcement after Jordan bought 60…
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January 8, 2025
The Feed Leaders Committee of South Korea (FLC) purchased approximately 65,000 metric tonnes of animal feed wheat from the United States on Wednesday in a private transaction without issuing a tender to international buyers, European traders reported.
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January 7, 2025
refinery and pipeline changes reshuffled trade routes. and providers and purchasers split into areas. exports to Europe declined and more U.S. oil went to Europe. been rerouted to India and China. have shut in Europe in the middle of ongoing attacks on Red Sea shipping.
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January 6, 2025
America's biggest refining hub on the U.S. Gulf Coast was up to a. record low in December, according to information from ship tracker. Kpler, as Latin American materials dried up. The drop in fuel oil imports comes as residual fuel oil. stocks on the U.S.
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January 6, 2025
Two sources familiar with the situation said that on Sunday, the Biden administration intends to increase sanctions against Russia for its war in Ukraine. They will target its oil revenues by targeting tankers transporting Russian crude. The…
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January 6, 2025
understanding of the matter said on Sunday. workplace on Jan. complaints about the expense of U.S. support for Ukraine. will be. barrel cost cap, the sources stated. so-called shadow fleet of aging ships to evade the cap. professionals say. Since Russia's February 2022 invasion of Ukraine, the U.S.
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January 3, 2025
Venezuelan oil exports increased 10.5% in the last year, despite the political instability of the country and the changes made to the U.S. sanction regime. This was due to partners of the state oil company PDVSA taking more cargoes with licenses issued by Washington.
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January 1, 2025
The port data viewed by revealed that Egypt's state grain purchaser, Mostakbal Misr for Sustainable Development received its first wheat shipment imported on December 30, 2018. The Mikhail Nenashev, carrying a shipment of 28,000 tons, arrived at Alexandria's port.
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December 30, 2024
The Finnish Coast Guard said Monday that it would deploy one of its patrol boats and a towboat to help an oil tanker in the Gulf of Finland after its engine failed. It was trying to avoid environmental damage. The coast guard reported that the 183-metre-long (600-foot-long) M/T Jazz…
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December 29, 2024
Authorities in Moldova's. separatist Transdniestria region on Sunday cut off gas products. to numerous state institutions as a deal enabling Russian gas to. transit through Ukraine concerns an end at the close of the. year. The cutoff was enforced 2 days before the transit deal runs.
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December 27, 2024
Two sources who have direct knowledge of the matter said that Egypt's state grain purchaser, Mostakbal misr for Sustainable Development (Mostakbal Misr), has secured enough wheat to cover Egypt's requirements through June 2025. Some traders…
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December 26, 2024
Abdel Fattah al-Sisi, Egyptian president, said that the Red Sea events and regional challenges will cost Egypt $7 billion in revenue from the Suez Canal by 2024. Sisi, in a statement without giving any details, said that Egypt lost 60% of its canal revenues between 2024 and 2023.
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December 26, 2024
According to LSEG, a sanctioned LNG-tanker named "Mulan", that approached Novatek’s SAAM FSU floating store facility in Murmansk in December 21, is now sailing around Northern Europe on its way towards Port Said, Egypt. The vessel should arrive at its destination by January 6, 2025.
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December 25, 2024
The owner of the Russian cargo vessel Ursa Major, which sank into the Mediterranean Sea on Wednesday, said that the ship was a victim of an "act of terrorism". This statement came from the state news agency RIA. Two of the 16 crew members were reported missing after an explosion in the engine room.
