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March 13, 2025
Analysts and traders said that China will receive record soybean imports during the second quarter after delays in Brazilian shipments, and slow customs clearances, caused a shortage of supply, forcing several processors into a halt. According to a five-firm average…
Posted to Maritime Reporter
on
January 31, 2025
Kazmunaigaz, a subsidiary of Kazmunaigaz Group (KMG), awarded Geneva-based BGN up 520,000 metric tonnes per month of CPC Blend in an auction for supply until 2025. Sources say that KMG sold CPC Blend Oil sourced from Tengizchevroil - an operator…
Posted to Maritime Reporter
on
January 27, 2025
France is facing its worst wheat exports for decades due to a rift between Algeria and the European Union, a slump in Chinese demand, as well as a poor harvest. The French farmers who protested in the beginning of this year against falling incomes…
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on
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 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.
Posted to Maritime Reporter
on
December 11, 2024
A group of animal feed importers in Thailand purchased approximately 63,000 metric tonnes of animal feed wheat during a Wednesday closing tender that sought up to 120,000 metric tons, European traders reported. The price was estimated to be…
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on
November 22, 2024
According to sources in the trade, Rongsheng Petrochemical purchased 2.65 million barrels (or 98.4 million gallons) of heavy crude oil for delivery in February from the Americas. Sources said that the three Canadian crude cargoes, each of which is 550…
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on
October 30, 2024
The Energy Information Administration (EIA), which is responsible for the U.S. government's energy policy, announced on Wednesday that U.S. gasoline inventories fell to their lowest level in two years last week due to increased demand. Crude…
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on
October 8, 2024
Trade sources reported that two Indian state refiners bought 2,000,000 barrels of Venezuelan oil from Vitol, for delivery in November. This is despite the fact that Venezuelan crude shipments continue to increase to what was previously Venezuela's second-largest oil market.
Posted to Maritime Reporter
on
August 5, 2024
The river Seine, which was a major concern during the Games due to its water quality, was once again in the spotlight after the mixed relay race was held early on Monday morning after training had been cancelled the day before. Noah Lyles, of the U.S.…
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on
July 31, 2024
European traders reported that the MFIG buying group in Taiwan purchased about 65,000 metric tonnes of animal feed grain expected to come from Brazil during an international auction on Wednesday. They said that the yellow corn purchased was at a premium estimated to be 194.99 U.S.
