- — PetroChina International signs long-term LPG deal with Phillips 66
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at 3/14/25 4:00pmPetroChina International, a subsidiary of state-owned energy company PetroChina, signed a long-term LPG procurement agreement with US-based Phillips 66, PCI announced on its official WeChat account March 14. The deal, finalized by PCIs Americas branch and Phillips 66 on March 11 in Houston, aims to expand PetroChinas global LPG resource pool and strengthen its chemicals ...- — Indian refiners turn to Latin America, Africa to replace Russian oil in Feb, data shows
- at 3/14/25 4:00pmIndias crude oil imports from Latin America and Africa rose marginally in February as refiners turned to alternative sources, fearing a loss of Russian oil supplies caused by tighter U.S. sanctions, data from trade sources shows. The South Asian nation became the biggest buyer of Russian seaborne oil sold at a discount after Western nations ...
- — Kazakhstan raises oil exports via Baku-Tbilisi-Ceyhan pipeline in February
- at 3/14/25 4:00pmKazakh oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline, a route bypassing Russia, rose by 38% in February from January to 97,300 metric tons (around 28,000 barrels per day), according to data from pipeline company KazTransOil (KZTO.KZ). Kazakhstan currently relies heavily on the Caspian Pipeline Consortium (CPC), one of the worlds largest pipelines that crosses Russia ...
- — Brazil’s Petrobras in talks with US LNG suppliers for long-term deal, executive says
- at 3/14/25 12:00pmBrazils state-run oil firm Petrobras is in talks with U.S. liquefied natural gas (LNG) suppliers for a long-term import deal, a Petrobras executive said. Brazil is Latin Americas largest oil producer, but consumes more gas than it produces and relies on imports to fill the gap. Petrobras buys pipeline gas from neighbor Bolivia and imports ...
- — Beijing likely to allocate new batch of export quotas for clean products, LSFO
- at 3/14/25 5:00amBeijing can tentatively release a new batch of export quotas for clean oil products and fuel oil as early as March, but the potential increase in quotas is less likely to affect markets, refiners, traders and analysts told Platts March 12. Poor export margins amid heightened tax costs and the expectation of stable annual quota ...
- — Ukraine soybean exports hit record 2.35 mln T in H1 2024/25 season, consultancy says
- at 3/14/25 5:00amUkraines soybean exports have risen to a record 2.35 million metric tons in the first half of the 2024/25 September-August season following a record high harvest, agricultural consultancy APK-Inform said on Thursday. Ukraine harvested a record 6.3 million tons of soybeans in 2024, up from 5.4 million tons in 2023. According to our estimates, the ...
- — U.S. propane exports have increased every year since 2007
- at 3/14/25 5:00amU.S. propane exports averaged a record 1.8 million barrels per day (b/d) in 2024, the most since we began collecting this data in 1973. U.S. propane exports increased for each of the last 17 years, with growth driven by higher demand in East Asia, mainly China, and a widening propane price differential between U.S. and ...
- — UAE aluminium exports to US jump ahead of Trump tariffs, data shows
- at 3/14/25 5:00amUnited Arab Emirates exports of aluminium to the U.S. jumped in the first 11 days of March, data from the U.S. Department of Commerce showed, as buyers stocked up on shipments from their second-biggest supplier before the U.S. tariffs took effect on Wednesday. So far in March, the UAE exported 68,560.29 metric tons of aluminium ...
- — Saudi crude oil supply to China to slump in April, sources say
- at 3/13/25 4:00pmSaudi Arabias crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a year in April, trade sources said on Thursday, partly due to maintenance programmes at Chinese refineries owned by Sinopec. The OPEC producer allocated 34 million barrels of Saudi oil in April to its ...
- — Outlook for record Chinese second-quarter soybean imports may ease supply tightness
- at 3/13/25 4:00pmChina is poised to receive record soybean imports in the second quarter, traders and analyst said, after delayed Brazilian shipments and slow customs clearances have caused supply tightness that forced several processors to halt operations. The worlds largest soybean buyer is forecast to import a record high of 31.3 million metric tons of the oilseed ...
- — India’s crude oil imports up 3% on month in Jan-24, net petroleum products exports ease marginally
- at 3/13/25 4:00pmOrganization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that Indias crude imports began the year averaging 4.9 mb/d. This represents an increase of 154 tb/d, or over 3%, m-o-m, but a decline of 159 tb/d, or about 3%, y-o-y. OPEC noted that in terms of crude imports by source, Kpler ...
- — Argentina sticking with single LNG import terminal this winter, Excelerate exec says
- at 3/13/25 4:00pmArgentina has not requested an additional floating regasification plant from Excelerate Energy EE for the winter to come, a company executive said, as the South American country plans lower imports of liquefied natural gas this year. Derek Wong, Excelerates vice president of government relations, told Reuters on the sidelines of the CERAWeek conference in Houston ...
- — Spain sees no risk in rising reliance on U.S. liquefied gas
- at 3/13/25 12:00pmSpanish Energy Minister Sara Aagesen said on Thursday she did not see any risk in Europes growing reliance on liquefied natural gas from the United States amid threats by President Donald Trump to escalate a wider global trade war. Imports of U.S. gas have grown substantially, she said, though the U.S. business model meant that ...
- — Russia’s February seaborne oil product exports down 7.5% m/m, Reuters calculations show
- at 3/13/25 5:00amRussias seaborne oil product exports in February fell 7.5% from January to 8.72 million metric tons, data from industry sources and Reuters calculations showed. Fuel export loadings fell due to decreased production and stormy weather in southern regions, according to market sources. That lower output saw Russias offline primary oil refining capacity rise to about ...
- — Black Sea CPC Blend oil loadings rose 24% in February from January, sources, Reuters calculations show
- at 3/13/25 5:00amCPC Blend oil loadings from the Caspian Pipeline Consortium (CPC) Black Sea terminal rose by some 24% in February from January to 1.68 million barrels per day (bpd), Reuters calculations showed. Total loadings from the terminal near Russias port of Novorossiisk rose to 5.930 million metric tons from 5.316 million, two industry sources said. Kazakh ...
- — EU soybean meal imports hit a decade high in Q1 amid global crush surge: US FAS
- at 3/13/25 5:00amThe European Unions soybean meal imports hit a decade high, reaching nearly 6 million mt, in the first quarter of the marketing year 2024-25 (October-September), the US Foreign Agricultural Service said March 11. The latest FAS oilseeds report also highlighted that soybean meal imports in the EU are forecast to reach a nine-year high of ...
- — Guyana considers plan to refine oil in US, import fuel
- at 3/12/25 4:00pmGuyana is considering a plan to export crude oil to the United States for refining and to bring back fuel for domestic supply and possibly for sale to nearby countries, Guyanese President Irfaan Ali said at a conference in Houston on Tuesday. Guyana has one of the worlds fastest-growing economies thanks to rapidly rising oil ...
- — Russian oil supplies to India recover in March, sources say
- at 3/12/25 4:00pmIndias Russian oil imports recovered in March, returning to near usual levels after a 3-month decline, as non-sanctioned vessels were delivering cargoes, while some supplies were diverted from Turkey, according to five trade sources and shipping data. The recovery of Russian oil flow to the worlds third-largest oil importer and consumer is easing a supply ...
- — Ukraine bets on US LNG as gas import needs rise
- at 3/12/25 4:00pmUkraine may import large volumes of U.S. gas this year via terminals in Germany, Greece, Lithuania and Poland, its state gas operator said, as Kyiv struggles with the impact of Russian attacks on its infrastructure. The White House has spearheaded talks to end the more than three years of war that have followed Russias invasion ...
- — Indian mills sign contracts to export 600,000 metric tons of sugar
- at 3/12/25 4:00pmIndian mills have contracts to export 600,000 metric tons of sugar in the 2024/25 marketing year ending in September, but are reluctant to sign further export deals as local prices have increased, five industry officials told Reuters. The slower pace of shipments from India, the worlds second biggest sugar producer, will support global prices SF1!, ...
- — Russia’s ultra low-sulphur diesel exports from Primorsk to fall in March, traders say
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at 3/4/25 11:00amRussias exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk in March are set to reach 1.8 million metric tons, two traders said on Monday. That would be a 6% decrease on a daily basis from the 1.73 million tons scheduled for February, because March is three days longer. Source: Reuters
As of 3/16/25 9:56am. Last new 3/4/25 4:18pm.
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