Russia was the biggest oil supplier to China in August for a second consecutive month, customs data showed on Friday, with Saudi Arabia trailing after its volumes dropped by one-third. Russia supplied 5.8 million tonnes of crude oil in August, data from China’s General Administration of Customs...
A tanker carrying 1 million barrels of Libya’s light sweet Sarir crude has left the port of Marsa el Hariga, shipping sources and tracking data showed Sept. 25, marking the first export out of the country’s eastern terminal since mid-January, when an oil blockade first began. The Suezmax Delta...
Russia’s Rosneft issued a spot tender to sell a cargo of Siberian Light crude oil loading from Black Sea’s Novorossiisk port in October, traders said on Thursday. Rosneft sells most of its crude oil via term contracts and rarely issues spot tenders. The company offers a cargo of 80,000 tonnes...
The volume of naphtha arbitraged from Europe to the Far East petrochemical production hub has fallen on the strength of Europe’s demand, while chartering activity for October loadings is lackluster as traders face a multi-month high freight cost, industry sources said. For October loading shipments...
Iraq’s oil ministry on Thursday denied a media report citing Oil Minister Ihsan Abdul Jabbar as saying an agreement was imminent with the OPEC+ group to increase Iraq’s crude oil exports. State news agency INA had quoted Abdul Jabbar as telling state-owned daily newspaper al-Sabah that he expected...
https://www.hellenicshippingnews.com/iraqi-oil-ministry-denies-deal-to-up-oil-exports/
La Nina conditions have started up their projected multi-month residency in the Pacific Ocean, just as new crop cycles are kicking off in the Americas, including corn and soybean planting in South America and wheat planting in the United States. When La Nina last showed up in late 2017, it made for...
China’s jet fuel exports extended a downtrend to hit a fresh multiyear low at 300,000 mt in August, down 5.4% from July, amid continuing weak global demand, General Administration of Customs released Sept. 24 showed. This was the lowest level since China’s jet fuel exports hit 298,000 mt in...
Coal exports out of the terminals in the Hampton Roads region in Virginia were at 1.68 million st in August, down 26.8% from July and also 42.8% lower than the year-ago month, according to data from the Virginia Maritime Association released Sept. 23. The latest month was the second-lowest total in...
https://www.hellenicshippingnews.com/us-hampton-roads-coal-exports-fall-26-8-on-month-in-august/
India’s Bharat Petroleum Corp Ltd is seeking two liquefied natural gas (LNG) cargoes for delivery in November, two industry sources said. One cargo is sought for the delivery to the Kochi LNG terminal on Nov. 20-24 and another to the Dahej LNG terminal on Nov. 26, one of the sources said. The...
Chinese customs said on Tuesday it will amend the way it supervises crude oil imports as part of a broader effort to boost efficiency, allowing cargoes to clear customs before quality inspections have been finalised. Key import oil terminals along China’s coast, including the provinces of Shandong,...