Iraq exported 101.85 million barrels of crude oil in August with revenues of 9.78 billion U.S. dollars, said the Iraqi Oil Ministry on Thursday. The average price for crude oil in August was 96.05 dollars per barrel, the ministry said in a statement, citing statistics from the State Organization...
https://www.hellenicshippingnews.com/iraq-exports-over-100-mln-barrels-of-crude-oil-in-aug/
A tanker carrying 300,000 barrels of diesel from a Russian port diverted to Cuba on Friday after anchoring off Colombian waters, ship tracking data showed. Western sanctions on Russia over its invasion of Ukraine has restricted the market for its oil. But Cuba has ramped up imports from Venezuela,...
https://www.hellenicshippingnews.com/russian-diesel-cargo-diverts-to-cuba-from-colombian-waters/
Russia is ready to export up to 30 million tonnes of grain in the second half of 2022, its agriculture ministry said in a statement on Friday. “This will support countries in need and help stabilise the global food situation,” the ministry added. Source: Reuters (Reporting by Polina Devitt; Editing...
In the last two months, India’s crude oil imports from Russia have declined. However, the overall import of crude oil has also fallen. In August, India imported 7,38,024 barrels per day from Russia, 18 per cent lower than in July, according to a report by Economic Times (ET). The per day import...
Russian wheat exports are expected to rise to 4 million tonnes in September from 3.5 million tonnes in August as the record-high crop begins to reach the market, traders and industry analysts said. The supplies from the world’s largest wheat exporter will still be low compared with September last...
https://www.hellenicshippingnews.com/russian-wheat-exports-expected-to-rise-in-september/
India is set to allow sugar exports in two tranches for the next season beginning in October, as the world’s biggest producer of the sweetener tries to balance the interests of its farmers and consumers, government and industry officials told Reuters. Exports by India, which has restricted...
https://www.hellenicshippingnews.com/india-could-soon-approve-sugar-exports-in-two-tranches-sources/
Taiwan’s MFIG purchasing group has issued an international tender to buy up to 65,000 tonnes of animal feed corn which can be sourced from the United States, Brazil, Argentina or South Africa, European traders said on Wednesday. The deadline for submission of price offers in the tender is Sept. 7,...
https://www.hellenicshippingnews.com/taiwans-mfig-tenders-to-buy-up-to-65000-tonnes-corn-traders/
Indonesia on Wednesday tweaked its palm oil export levy rules to charge a maximum levy of $240 per tonne when the reference price hits over $1,430 per tonne, a regulation document showed. The new levy comes into effect on Nov. 1. The government had waived palm oil export levies until the end of...
https://www.hellenicshippingnews.com/indonesia-tweaks-palm-oil-export-levy-document/
Bangladesh is set import 500,000 tonnes of wheat at $430 a tonne from Russia in a government-to-government deal as it battles to secure supplies amid surging prices, two government officials with the direct knowledge of matter said on Sunday. The south Asian country, among importers hard-hit by...
https://www.hellenicshippingnews.com/bangladesh-set-to-import-500000-t-of-wheat-from-russia-sources/
China is the world’s largest importer of crude oil, accounting for approximately 25% of global crude import volumes. The country’s crude imports are also equal to about 25% of global seaborne crude oil volumes which contributed to about 30% of dirty tanker trade tonne miles in 2021 according to...
https://www.hellenicshippingnews.com/chinas-july-crude-oil-imports-hit-4-year-low-and-drops-9-2-y-y/