India’s bid to match China’s factory heft gets a reality check
India’s push to become a factory titan has hit a snag: to become a credible alternative to China for global…
Downbeat China factory output, retail sales add to urgency for stronger stimulus
China’s industrial output growth slowed to a five-month low in August, while retail sales and new home prices weakened further,…
Bank of England to keep rates on hold, but faster cuts are coming
Bank of England treading more cautiously than the Fed The Bank of England may have started cutting rates ahead of…
Morocco continues to dominate Kazakh sulfur export market
Morocco continues to import the bulk of Kazakhstan’s sulfur exports, sustaining a trend seen throughout 2024, according to S&P Global…
India sharply raises import tax on edible oils to support farmers
India has raised the basic import tax on crude and refined edible oils by 20 percentage points, the government said…
ENEOS cancels Cepsa naphtha purchase after Hafnia Nile incident
Japan’s ENEOS canceled a 55,000-metric ton naphtha cargo purchase from Spain’s Cepsa after the LR1 Hafnia Nile hit the VLCC…
Azerbaijan’s January-August oil exports via BTC pipeline down 3.5% y/y
Oil exports via the Baku-Tbilisi-Ceyhan pipeline, which runs from Azerbaijan through Georgia to Turkey, were down 3.5% year-on-year in January-August…
Crude Tanker Market: Atlantic Flows Could Shift
Crude and product tanker flows in the Atlantic could shift as a result of a potential ramp up of production…