Iraq’s SOMO offers fuel oil term supplies for second-half of 2025, sources say
Iraq’s state-owned marketer SOMO has offered a term contract to supply high-sulphur fuel oil between July and December 2025, according…
Spain’s LNG imports from the US soar, represent 35% of all gas supply
Imports of liquefied natural gas from the United States rose to 35% of Spain’s total gas imports in the first…
Changing Restrictions on Russian Gas to Europe Would Disproportionately Impact US LNG Exports, New S&P Global Commodity Insights Study Finds
The United States, which currently supplies half of Europe’s liquefied natural gas (LNG) imports and roughly 15% of the continent’s…
US LNG Exports at Risk: Potential Unwinding of Sanctions on Russian Natural Gas
Key Findings With the curtailment of Russian gas supply, Europe pivoted toward US LNG to help meet household and industrial…
China’s first four-month steel exports at record high despite tariff turmoil
China’s steel exports in April topped 10 million metric tons for a second straight month bringing the total in the…
China’s April soybean imports hit decade-low as customs delays disrupt trade
China’s soybean imports plunged to a 10-year low in April as prolonged customs clearance delays and late Brazilian shipments caused…
Global energy product exports slow as trade worries mount
Shipments of most widely-traded energy products are slowing in sync with the global economy, which has been stunned by the…
New Mediterranean fuel rule helps bring more Doba crude to Europe
Dutch and German oil refineries have snapped up all four cargoes of Chadian Doba crude in April to profit from…
China buys Canadian, Australian wheat as heat hits crop, traders say
Chinese buyers bought between 400,000 and 500,000 metric tons of wheat from Australia and Canada in recent weeks, traders said,…
DP World plans $760 million investment in the Dominican Republic
The investment will increase the Port of Caucedo’s capacity by 24% while expanding an adjacent Free Trade Zone, the terminal…