Wednesday, 22 January 2025

Focus on Kpler

FILE PHOTO: The Houston Ship Channel, part of the Port of Houston, is seen in Pasadena, Texas, U.S., May 5, 2019.  REUTERS/Loren Elliott/File Photo
BusinessNewsOilTrade

Peru’s niche Bretaña crude oil gains popularity in US

The U.S. Gulf Coast receives its first Bretaña oil cargo this month as refiners seek alternatives to declining Mexican heavy crude.

A VLCC oil tanker is seen at a crude oil terminal in Ningbo Zhoushan port, Zhejiang province, China May 16, 2017. REUTERS/Stringer/File Photo
BusinessFuelNewsOilRegulationsTrade

Oil shipping rates surge after US sanctions hit availability

Supertanker freight rates soared after U.S. sanctions on Russia, prompting traders to rush to book vessels from elsewhere.

FILE PHOTO: An aerial view of the machinery at the coal terminal of Huanghua port, in Hebei province, China February 1, 2023. China Daily via REUTERS/File Photo
BusinessCoalElectricityFuelNewsTrade

China torments and titillates seaborne coal market

For coal exporters, China is both saviour and tormentor, as record imports come with plummeting seaborne prices.

BusinessEconomyFinanceNewsOilPoliticsTrade

Reactions to new US sanctions against Russian energy interests

New US sanctions on Russian energy target tankers, traders, and oil firms, adding uncertainty to global oil markets.

Ligovsky Prospect, Tutunciftlik, Izmit, Turkey, December 15, 2019. REUTERS/Yoruk Isik
BusinessEconomyNewsOilPoliticsTrade

Tougher U.S. sanctions to curb Russian oil supply to China and India

US sanctions on Russian oil force China and India to seek Middle Eastern, African supplies, spiking prices and freight costs.

FILE PHOTO: Vessels carrying supplies for an offshore oil platform operated by Exxon Mobil are seen at the Guyana Shore Base Inc wharf on the Demerara River, south of Georgetown, Guyana January 23, 2020. REUTERS/Luc Cohen/File Photo
BusinessFuelNewsOilTrade

Guyana oil exports jump, gain Europe market share in 2024

Guyana's oil gains favor in Europe as many refiners avoid sanctioned Russian crude and seek alternative supplies.    

FILE PHOTO: A pumpjack operates at the Vermilion Energy site in Trigueres, France, June 14, 2024. REUTERS/Benoit Tessier/File photo
BusinessElectric Vehicles (EVs)NewsOilTrade

Global crude exports dip as trade routes reshuffle again

The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic.

AviationFuelNewsOilPoliticsTradeTransport

Singapore’s Dec jet fuel imports hit multi-year high on India, S. Korea supply

Singapore is a major trading and storage hub for refined fuel in Asia.

BusinessFuelNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

31 economists and analysts predicted that Brent crude would average $74.33 per barrel in 2025.

FILE PHOTO: Miniatures of oil barrels and a rising stock graph are seen in this illustration taken January 15, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyNewsOilTrade

Ample supply, slow demand to temper oil price gains in 2025

Oil prices are expected to remain around $70 a barrel in 2025 due to weak demand from China and increasing global supplies.

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