Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S.…
Russia cuts wheat exports among measures to curb inflation
Russia, the world’s largest wheat exporter, cut its 2025 export quota by two-thirds, hiked wheat-export duties and abandoned import quotas…
Japan buys LPG ahead of winter; South Korea, China resell cargoes
Japanese buyers have been purchasing LPG for December delivery at prices ranging from discounts of about $5/mt to premiums of…
US to deliver more diesel to Brazil than Russia in week ending Dec. 8: CAS
The US is expected to be the main diesel source for Brazil in the week ending Dec. 8, preliminary S&P…
Egypt set to lead global wheat imports as corn supply sources diversify
Egypt ranks among the world’s largest grain importers, with its extensive feed and food industry driving the demand for both…
Russia aims to supply 1.5 mln tons of wheat to Morocco
Russia plans to export 1.5 million metric tons of wheat to Morocco each year after signing a deal with Moroccan…
India scraps windfall tax on crude products, aviation fuel, petrol, diesel exports
India has scrapped a windfall tax on crude products, aviation turbine fuel, and petrol and diesel exports, a government order…
UAE supplies Japan with 47.8% of its oil imports in October 2024
Japan imported 31.80 million barrels of oil from the UAE in October 2024, accounting for 47.8 percent of its total…
QatarEnergy signs long-term LNG deal with Shell for delivery to China
State-owned QatarEnergy QATPE.UL has signed a long-term sales and purchase agreement with oil and gas major Shell SHEL.L to supply…
Lukoil’s crude supplies to Hungary, Slovakia stabilise, Kommersant reports
Oil flows from Russia’s second largest crude producer Lukoil LKOH.MM to Hungary and Slovakia via the Druzhba pipeline have stabilised…