Commodities

on 9 January 2026 at 6:39 pm

The Asia-Europe container freight market entered 2026 on firmer footing after a volatile close to 2025, with seasonal pre-Lunar New Year demand and delayed GRI implementation pushing spot rates higher into early January. However, market participants continue to view the rally as cyclical rather than structural, with caution persisting around post-holiday demand and capacity normalization. As of

on 7 January 2026 at 2:58 pm

The US is planning to lift its oil embargo on Venezuela and control the proceeds from the sales of Venezuelan oil, US Energy Secretary Chris Wright said Jan. 7. The oil will be sold to US refineries and to buyers around the world, but the sales will be done by the US government and deposited into accounts controlled by the US government, Wright said at the Goldman Sachs Energy, CleanTech &

on 3 January 2026 at 1:42 pm

Venezuela’s oil industry continued to operate without major disruptions on Jan. 5 after the US launched an attack on the country and removed its president, Nicolas Maduro, on Jan. 3. However, oil export flows from Venezuela have slowed since mid-December, and production has declined, as the US began ramping up enforcement on sanctioned tankers. “We are going to run the country,” US President