Crude oil was the largest U.S. petroleum export in the first half of 2018

Crude oil surpassed hydrocarbon gas liquids (HGL) to become the largest U.S. petroleum export, with 1.8 million barrels per day (b/d) of exports in the first half of 2018. U.S. crude oil exports increased by 787,000 b/d, or almost 80%, from the first half of 2017 to the first half of 2018 and set a...

https://www.hellenicshippingnews.com/crude-oil-was-the-largest-u-s-petroleum-export-in-the-first-half-of-2018/

As oil forecasts call for $100, India considers cutting back crude imports

With oil traders forecasting crude oil to rise to $100 a barrel by the end of the year, Indian refiners are considering cutting back their imports and relying more on cheaper crude already stored in inventories, according to industry executives. Benchmark Brent crude oil futures surged 2 percent on...

https://www.hellenicshippingnews.com/as-oil-forecasts-call-for-100-india-considers-cutting-back-crude-imports/

Hapag-Lloyd announces increased prices

Hapag-Lloyd announces an increased Ocean Tariff rate for all cargoes for 20’ and 40’ General Purpose (incl. High Cube Container) from Brazil / Argentina / Uruguay and Paraguay to North and South Europe.

Valid for sailings commencing on October 20, 2018 onwards and until further notice, Hapag-Lloyd’s Ocean Tariff rate from October 20, 2018 will be:

  • Standard Container 

For additional port pairs please visit the Hapag-Lloyd website or contact your nearest Hapag-Lloyd office or local Hapag-Lloyd...

http://container-news.com/hapag-lloyd-increased-prices-2/

For bold Chinese buyers of soybeans, bargain U.S. prices trump trade war

At least two cargoes of U.S. soybeans are heading for China as some buyers are willing to risk taking up historically cheap U.S. beans even amid worries that Beijing may take further steps to deter imports amid mounting trade tensions with Washington. Grain traffic from the United States to China...

https://www.hellenicshippingnews.com/for-bold-chinese-buyers-of-soybeans-bargain-u-s-prices-trump-trade-war/