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Copper traders look to Chinese buyers in post Trump-tariff worldby hellenicshippingnews… on 14 July 2025 at 9:00 am
Global copper traders are offering cargoes to Chinese buyers as they look to offload metal no longer able to reach the U.S. before President Donald Trump’s 50% copper tariff deadline. Trump said late on Wednesday he would impose the new tariff from August 1 to promote domestic production of everything from semiconductors to ammunition. He …
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No rush for US energy as Asia’s imports slip under Trumpby hellenicshippingnews… on 14 July 2025 at 9:00 am
Asian countries aren’t rushing to buy U.S. energy commodities, even though lifting imports of crude oil, liquefied natural gas and coal will help meet President Donald Trump’s demand for lower trade surpluses. While rare earths may be the immediate talking point in the current talks between the Trump administration and China, the real action behind …
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Brazilian oil could find new destinations in the face of Trump’s tariffsby hellenicshippingnews… on 13 July 2025 at 9:00 pm
Brazil has logistical and commercial flexibility to preserve the competitiveness of its oil on the international market if the 50% tariff announced by U.S. President Donald Trump on Wednesday comes into effect on August 1, experts told Reuters. Oil is the main product on Brazil’s export list to the U.S. and until now was exempt …
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India’s crude diversification push won’t impact Middle Eastern term contractsby hellenicshippingnews… on 13 July 2025 at 9:00 pm
India is looking to widen its crude import basket with more non-OPEC crudes, but the diversification strategy is unlikely to impact term contracts with Middle Eastern suppliers, as energy security takes center stage, DLN Sastri, director for oil refining and marketing at the Federation of Indian Petroleum Industry, said in an interview. In addition, expanding …
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US soybean exports to China at risk amid lingering trade tensions: WTO officialby hellenicshippingnews… on 13 July 2025 at 9:00 pm
US-China trade tensions could impact agricultural trade between the two countries, particularly soybeans, and this growing dispute could strengthen trade ties between Russia and China, according to Edwini Kessie, director of the Agriculture and Commodities division at the World Trade Organization. China is one of the world’s largest feed importers, mainly buying from the US …
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U.S. hydrocarbon production supported by export growth in long-term projectionsby hellenicshippingnews… on 13 July 2025 at 9:00 pm
In our Annual Energy Outlook 2025 (AEO2025), we project U.S. production growth of crude oil and natural gas remains relatively high through 2030 due to increasing U.S. exports of petroleum products and liquefied natural gas (LNG), as U.S. energy exports continue to be economical for international consumers. AEO2025, which we released in April, only considers …
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Azerbaijan’s January-June oil exports via BTC pipeline down 4.1% y/yby hellenicshippingnews… on 13 July 2025 at 9:00 pm
Oil exports via the Baku-Tbilisi-Ceyhan pipeline, which runs from Azerbaijan through Georgia to Turkey, declined 4.1% year-on-year in the first half of the year to 13.9 million metric tons, Azerbaijan’s state statistics committee said on Friday. The BTC pipeline, a major exporting route for Azerbaijan’s oil, delivers oil from the Azeri, Chirag and Guneshli oilfields, …
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Low-sulphur gasoil deliveries for July fall at expiry, ICE data showsby hellenicshippingnews… on 11 July 2025 at 9:00 pm
Deliveries of low-sulphur gasoil (LGOc1) for July fell to 998 lots or 99,800 tons at expiry, down from 1,647 lots in June, Intercontinental Exchange data showed on Thursday. The contract expired at $801.75 a ton. Source: Reuters
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Ukrainian wheat exporters shift focus to Asia, Africa amid EU tariffs renewalby hellenicshippingnews… on 11 July 2025 at 9:00 pm
Ukrainian sellers are aiming to redirect their wheat exports to Asia and Africa following the reintroduction(opens in a new tab) of import duties and quotas on Ukraine’s agricultural products to the EU from June 6. The wheat quota was set at 1.3 million mt, with tariffs of Eur95/mt ($111/mt) for additional imports. Traders said that …
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US to impose 35% tariffs on Canadian imports from Aug 1; agriculture, metals in focusby hellenicshippingnews… on 11 July 2025 at 9:00 pm
The US will start charging 35% tariffs on Canadian imports from Aug. 1, a move that impacts exports of agricultural products, metals and other commodities from Canada. The 35% tariffs will be charged on all Canadian products sent to the US, and will be separate from sectoral tariffs, US President Donald Trump said in a …
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Venezuelan PDVSA’s hydrocarbon export revenues hit $17.52 bln in 2024by hellenicshippingnews… on 11 July 2025 at 5:00 pm
Venezuela’s state-run PDVSA hydrocarbon sales abroad in 2024 stood at $17.52 billion, according to a results document seen by Reuters, during a year when U.S. licenses allowing foreign partners to operate were fully in effect. In late May 2025, Washington revoked the licenses for state-owned PDVSA’s partners, including Chevron, which had permitted the export of …
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Kazakhstan supplied 160,000 tons of oil to Germany in June, Kaztransoil saysby hellenicshippingnews… on 11 July 2025 at 5:00 pm
Kazakhstan supplied 160,000 metric tons of oil to Germany via the Druzhba pipeline system in June, Kazakhstan’s pipeline company Kaztransoil said on Friday. Kazakhstan has been supplying its oil to Germany through the pipeline after the European Union imposed a ban on imports from Russia. Kazakhstan’s oil is shipped to Germany’s Schwedt refinery. Kazakh oil …
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Bangladesh’s RPGCL seeks three LNG cargoes for August delivery, document showsby hellenicshippingnews… on 11 July 2025 at 5:00 pm
Bangladesh’s Rupantarita Prakritik Gas has issued a tender seeking three cargoes of liquefied natural gas for delivery in August, according to a document on its website on Friday. It is seeking the cargoes for delivery on August 4-5, 21-22 and 28-29, in a tender that is set to close on July 13. Source: Reuters
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Exxon to halt Mars crude purchases until zinc contamination fixed, sources sayby hellenicshippingnews… on 11 July 2025 at 5:00 pm
Oil major Exxon Mobil XOM told its trading counterparts that it will not buy the Mars crude oil grade until a zinc contamination issue is fixed, two sources familiar with the matter told Reuters. Zinc contamination in the Mars crude oil stream has pushed down demand and slashed prices for the flagship crude oil produced …
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Indonesia palm oil exports to US may fall due to tariffs, industry group saysby hellenicshippingnews… on 11 July 2025 at 9:00 am
Indonesian palm oil exports to the United States may fall due to the 32% tariffs threatened on Indonesian goods, allowing competitors in Malaysia to gain market share, an industry official told Reuters. The two countries are the world’s biggest palm oil producers, but Indonesia has been by far the biggest supplier to the United States, …
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How US buyers of critical minerals bypass China’s export banby hellenicshippingnews… on 9 July 2025 at 9:00 pm
Unusually large quantities of antimony – a metal used in batteries, chips and flame retardants – have poured into the United States from Thailand and Mexico since China barred U.S. shipments last year, according to customs and shipping records, which show at least one Chinese-owned company is involved in the trade. China dominates the supply …
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TURKEY DATA: Thermal coal imports slightly rise 2% on month in Mayby hellenicshippingnews… on 9 July 2025 at 9:00 pm
Turkey’s thermal coal imports in May slightly increased by 2% month over month after falling in March and April, according to the Turkish Statistical Institute. Buyers continued to purchase coal due to low prices, market sources said. Platts assessed CIF Med 75,000 mt 6,000 kcal/kg NAR, non-Russian origin, coal prices at an average of $89.70/mt …
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Goldman Sachs raises baseline tariff forecast on US copper imports to 50%by hellenicshippingnews… on 9 July 2025 at 5:00 pm
Goldman Sachs on Wednesday changed its baseline to a 50% tariff on U.S. copper imports from 25% previously. “Given the increased risk of a 50% tariff, we expect a further acceleration in shipments into the U.S. in the coming weeks, as the incentive to front-run the tariff implementation has increased,” the bank said in a …