Links to previous press releases are below.
Saudi Aramco Plans Trading Expansion, Buys Non-Saudi Crude
Saudi Aramco plans to amplify its global trading business by trading non-Saudi crude, a move aimed in boosting the company’s profit as it prepares to issue what could be a record IPO, Reuters reports....
Read MorePossible Oil Supply Cut Extension to be Discussed on Friday’s Vienna Meeting
Ministers on a panel monitoring the oil supply cut agreement of OPEC and non-OPEC producers will meet on Friday in Vienna after oil prices gained more than 15% in the past three months, discussions...
Read MoreWTO Lifts 2017 Trade Growth Forecast
Citing strong intra-regional trade in Asia and a rebound in import demand in North America, the World Trade Organisation (WTO) has sharply revised up its forecast for annual global trade growth in 2017...
Read MoreGuinean Bauxite Operations Disrupted
Bauxite mining and processing operations in Guinea have been disrupted by sporadic protests and rioting over the past week, according to Reuters. Both mining operations in and around Boke and shipping...
Read MoreColombian Steam Coal Exports
Colombian steam coal exports climbed to a three-month high of 7.4 Mt in August, up by 0.1 Mt year-on-year, IHS Energy reports. Shipments to Europe fell by 0.8 Mt to 3.6 Mt, however, increased exports...
Read MoreGlobal Steel Output Rises in August
Lifted by further strong growth in both China (+8.7% to 74.6 Mt) and the rest of the world, global steel production rose by 6.3% to 143.6 Mt in August, according to the World Steel Association. Output...
Read MoreNorth Sea Crude Market Surges
The North Sea crude market is at its strongest for more than three years, as forward rates on cargoes of North Sea crude oil loading in the next week have hit the highest level since late 2014 and are...
Read MoreUS Crude Throughput Rises, Gasoline Production Drops, as Inventories Rise More than Anticipated
US crude oil refinery throughput was at 15.172M b/d during the week ending September 15, 2017, up 7.8% w-o-w but down 8.5% y-o-y, according to the US Energy Information Administration (EIA). Meanwhile,...
Read MoreLNGgc Conference
Debbie Turner of SSY Gas was among a wide range of speakers at this Informa event, held at CCT Venues in Canary Wharf on 19/20 September. High level presentations were provided by BP, the European Commission and Total, together with many of the proposed shale gas projects in the USA.
IMO Regulations on Bunker Fuel Provide Food For Thought
Attendees at a breakfast briefing heard an alarm call on the potential impact of IMO regulations on bunker fuel from January 2020 which could result in higher ocean transportation costs and profound...
Read MoreIndian Coal Markets Conference
John Kearsey, Head of Research at Simpson Spence Young, provided a freight market outlook at the 11th Indian Coal markets conference, organised by mjunction on 11-13 September in Kolkata.
International Iron Ore Symposium
Duncan Dunn of SSY Futures and John Kearsey of SSY Consultancy & Research were both speakers at this annual conference, which was organised by Metal Bulletin and held in Prague on 6-7 June....
Read More