- — Trafigura to supply 4 million barrels of Oman crude to BPCL
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at 4/29/25 3:00pmTrader Trafigura Tuesday said it would supply four million barrels of Oman crude Indian refiner Bharat Petroleum Corp BPCL with deliveries starting in May. Trafigura will supply quarterly cargoes, destined for BPCLs Kochi Refinery, until March 2026, it said in a statement. BPCL operates a 310,000 barrels per day refinery at Kochi in southern Kerala ...- — Australia’s Fortescue bucks weather woes to post higher Q3 iron ore shipments
- at 4/29/25 3:00pmAustralian miner Fortescue FMG posted higher third-quarter iron ore shipments on Thursday in line with analyst expectations, as output recovered from a train derailment in the same quarter a year earlier. The iron ore producer, chaired by its billionaire founder Andrew Forrest, posted quarterly iron ore shipments of 46.1 million metric tons (mt), compared with ...
- — U.S. imports of major transportation fuels decreased in 2024
- at 4/29/25 3:00pmU.S. imports of petroleum products decreased by 210,000 barrels per day (b/d) in 2024 to average 1.8 million b/d. Imports of all major transportation fuels, such as motor gasoline, diesel, and jet fuel, as well as other products, such as unfinished oils, decreased. Motor gasoline makes up the largest share of U.S. petroleum product imports ...
- — US LNG supplies to Europe will continue to grow, says US Energy Secretary
- at 4/29/25 4:00amSupplies of liquefied natural gas (LNG) from the United States to Europe will continue to grow, U.S. Energy Secretary Chris Wright told Reuters on Monday during a visit to the Polish capital Warsaw. The U.S. supply will continue to grow in a meaningful way. Theres a lot of dialogue about contracts, Wright told Reuters on ...
- — India boosts buying of Russia’s ESPO oil in April as Chinese demand eases
- at 4/28/25 3:00pmIndia increased purchases of ESPO Blend oil from Russia in April to the highest level since August 2024 amid weaker demand from Chinese companies, according to LSEG and traders data. ESPO Blend is Russias flagship light crude oil grade loading from Kozmino port to Asian markets and most favoured by Chinese refiners. In March and ...
- — South Korean firms seek LNG cargo for June delivery
- at 4/28/25 11:00amSouth Korean firms Korea Midland Power Co (KOMIPO), Korea Southern Power Co (KOSPO) and SK subsidiary PRISM Energy International have issued a tender for one liquefied natural gas (LNG) cargo for delivery in June. According to a tender issued by KOMIPO, which is leading the tender process, the buyers are seeking 3-3.6 trillion British thermal ...
- — China’s bonded bunker fuel imports grow in March – JLC
- at 4/28/25 4:00amChina imported a total of 665,800 mt of bonded bunker fuel last month, marking a significant surge of 73.7% from the same period last year, JLC reported citing data from Chinas General Administration of Customs (GACC). The increase was driven by tight VLSFO supply in the domestic market and lower international bunker fuel prices, JLC ...
- — Japan mulls buying more US corn as part of tariff talks, Nikkei reports
- at 4/28/25 4:00amJapan is considering increasing its corn imports from the United States as part of trade negotiations over President Donald Trumps sweeping tariffs, the Nikkei reported on Friday. The U.S. exported $2.8 billion worth of corn to Japan in 2024, to counter an 80% drop in exports to China. Hiroshi Moriyama, a ruling Liberal Democratic Party ...
- — EU to present roadmap in May to phase out all imports of Russian fossil fuels
- at 4/27/25 3:00pmThe European Commission will in the next two weeks present a roadmap on how it intends to phase out all imports of Russian fossil fuels, its President Ursula von der Leyen said at an energy event in London. The European Commission has pledged to quit Russian fossil fuels by 2027 in response to Moscows 2022 ...
- — Australian coal exports face numerous downside risks, new projections show
- at 4/27/25 3:00pmGlobal demand for metallurgical (met) coal is expected to fall as low emissions steel production gains pace, according to the latest Resources and Energy Quarterly (REQ) forecast from the Department of Industry, Science and Resources (DISR). However, DISR remains bullish on Australian met coal export growth, despite a history of overestimating expected export volumes. DISR ...
- — India’s Prime Minister calls on steel industry to seek alternatives to imported coking coal
- at 4/27/25 3:00pmIndian Prime Minister Narendra Modi urged the domestic steel industry to find alternatives for the key steel making raw material coking coal and reduce its import dependency in a virtual address during India Steel 2025 conference on April 24. Modi said raw material security was a major concern for the steel industry and added that ...
- — Japan considers increasing US soybean imports in tariff talks, Nikkei reports
- at 4/27/25 3:00pmJapan is considering increasing its soybean imports from the United States as part of tariff negotiations, the Nikkei reported. Japan, whose soybean imports are handled by the private sector, could ask companies to boost trade with the United States amid the latters trade war with China, the report said. About half of U.S. soybean exports ...
- — China is restricting mineral exports. How does its export control system work?
- at 4/27/25 3:00pmChina has been flexing its control over the mining and refining of minerals by adding metals essential for clean energy, chipmaking and defence to its export control list, disrupting global supply and sending prices soaring. Through its export licensing system, Beijing gets a direct say over who gets what, and how much. Below is a ...
- — U.S. oil imports, exports down last week
- at 4/25/25 3:00pmU.S. crude oil imports and exports decreased during the week ending April 18, the U.S. Energy Information Administration (EIA) said Wednesday. U.S. crude oil imports averaged 5.589 million barrels per day (b/d) last week, down by 412,000 b/d from the previous week, while crude oil exports averaged 3.549 million b/d, down by 1.551 million b/d, ...
- — India’s steel secretary says coking coal imports to accelerate
- at 4/25/25 3:00pmIndias coking coal imports will accelerate due to the limited availability of the key steelmaking ingredient amid a ramp-up of steel capacity, the steel secretary said on Friday. Imports of coking coal will increase to 160 million tons by 2030 from about 58 million tons as of now, Steel Secretary Sandeep Poundrik said. Coking coal ...
- — Russia may supply 1.8 bcm of gas to Iran in 2025, price to be agreed
- at 4/25/25 3:00pmRussia may supply 1.8 billion cubic metres (bcm) of natural gas to Iran this year at a price which has yet to be agreed, the two countries said on Friday. Iranian Oil Minister Mohsen Paknejad, on a visit to Moscow, said the deal had not been finalised but the two countries were working to clinch ...
- — Palm Oil demand from China and India expected to rise as prices become competitive, says MPOC
- at 4/25/25 4:00amPalm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday. Palm oil is now considered reasonably priced at 3,900 ringgit ($889) per metric ton, the MPOC said in a statement, ...
- — India expects steel imports to slow from China, S.Korea and Japan, government source says
- at 4/25/25 4:00amIndia is expecting steel imports from China, South Korea and Japan to slow after imposition of temporary tariffs this week, a government source directly aware of the situation told Reuters. On Monday, India, the worlds second-biggest producer of crude steel, imposed a 12% temporary tariff, or provisional safeguard duty, on some steel imports for 200 ...
- — Venezuela launches Blend 22 crude exports ahead of US licenses expiry
- at 4/25/25 4:00amVenezuela will begin exporting a new medium crude blend this month as part of a marketing strategy to avoid a collapse of its revenue-generating oil sales once licenses on the U.S.-sanctioned OPEC member expire next month, trading documents showed. Washington in March revoked a handful of licenses it had granted in recent years for partners ...
- — France to seek protection from Chinese steel imports after ArcelorMittal job cuts
- at 4/24/25 3:00pmFrance and other European countries will push for measures to protect the European steel industry against Chinese imports, French government spokesperson Sophie Primas said on Thursday. Primas was responding to an announcement by steel manufacturer ArcelorMittal MT that it will eliminate around 600 jobs across seven French sites due to the crisis in Europes steel ...
- — Chinese coal buyers reject new Indonesia price benchmark
- at 4/24/25 3:00pmIndonesias push to roll out a government-set price for coal is not gaining traction in top buyer China, undermining Jakartas attempt to exert more leverage over its commodity exports. Indonesia began using the new government-set price, known as HBA and previously used only to calculate royalties, on March 1 to exert more national control over ...
As of 4/30/25 12:56am. Last new 4/29/25 4:24pm.
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