OPEC, IEA focus on China oil demand, but crude imports are what matter
What’s more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of…
Pakistan to defer eight LNG cargoes from Eni for May-Dec amid weak demand
Pakistan plans to defer eight LNG cargoes from Italy’s Eni between May and December amid an anticipated decline in electricity…
EU eyes sharp cut to Ukrainian sugar imports after price slump, sources say
The European Commission is looking to cut Ukrainian sugar imports sharply after EU producers complained that large shipments have fuelled…
China’s coal imports from Russia rise 10% in Jan-Feb
China’s imports from Russia rose 10% on the year in January-February to 12.65 million metric tons, data from the General…
Treasury Sanctions Network Supporting Iran’s Oil Exports
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating a “teapot” oil refinery and its chief…
EU plans to reduce steel imports by 15%
The European Commission presented on Wednesday an action plan for the steel and metals industries. In a sector marked by…
Pakistan to export over 160,000 mt fuel oil in March after Feb outflows drop
Pakistan plans to export over 160,000 mt of fuel oil in March, industry sources said, as the country’s oil refineries…
Russia’s Feb seaborne grain exports down
Russia’s seaborne grain exports dropped by 52.3% year-on-year in February to 2.4 million metric tons, shipping data from industry sources…
Russia replaces UAE as the top naphtha supplier to India in 2024-25
Russia has surpassed the United Arab Emirates as India’s top naphtha supplier in the year to March 2025, as refiners…
South Korean fuel exporters commit to key Asia-Oceania customers amid global trade jitters
South Korean clean oil product exporters plan to place greater emphasis on supplying their top customers in the Asia-Oceania market…