Trade

Coal Trade

China's Caofeidian Port Restrictions are Targeting Both Thermal and Metallurgical Coals

Caofeidian port in northern China has halted custom declarations for all coal imports effective July 16, which is being interpreted by the market as a signal of…

Oil & Gas Trade

Kuwait Joint Cooperation Protocol Signed to Protect Key OPEC Exporter’s Ports

Joint cooperation protocol signed to protect key OPEC exporter’s ports to ‘ensure full readiness for any potential emergency’.

Oil & Gas Trade

The Oil Market will Weigh Fresh Cues on Chinese Demand

Sour crude benchmark Dubai futures' discount to ICE Brent widened slightly in mid-morning trade in Asia Monday, while the market will weigh fresh cues on Chines…

Crude

Crude Oil Futures were Lower During Mid-Morning Trade in Asia

Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil funda…

Oil & Gas Trade

China's Sinopec Sets Up Fuel Oil Unit in Sri Lanka

China Petroleum and Chemical Corp, known as Sinopec Corp, said on Monday it has set up a fuel oil company in Sri Lanka as it looks to supply fuel to ships along…

Oil & Gas Trade

Iranian Tanker will be Released if Oil isn't Bound for Syria, UK Foreign Secretary Says

An Iranian oil tanker held by British forces near Gibraltar will be released if the United Kingdom is assured the oil will not be heading to Syria, London's top…

Crude

​Tropical Storm Barry Reduces Gulf Crude oil Output By 59 Percent

Crude oil output in the U.S.-regulated areas of the Gulf of Mexico has been cut by almost 59 percent, or 1.1 million barrels per day, because of Tropical Storm …

Oil & Gas Trade

Iran: The Release of the Tanker is in all Countries' Interest

"This is a dangerous game and has consequences ... the legal pretexts for the capture are not valid ... the release of the tanker is in all countries' interest,…

Oil & Gas Trade

Oil Tanker Event Marked the Latest Escalation of Tensions in the Persian Gulf

Britain said Thursday that three Iranian vessels unsuccessfully tried to impede the passage of a British commercial vessel through the Strait of Hormuz, signali…

Oil & Gas Trade

Iran’s Islamic Revolutionary Guard Corps have Denied Stopping British Oil Tanker

There were “no encounters” between the Iranian warships and foreign vessels at the time when the alleged incident took place, the IRGC’s naval unit said in a…

Oil & Gas Trade

Ignoring The U.S. Sanctions, Iran Still Provides Oil Futures Contracts to Foreign Partners

Iran is going to offer up to three-year oil future contracts for certain international buyers in an effort to offset the impacts of U.S. sanctions on its oil ex…

Coal Trade

Vietnam Needs to Break Its Addiction to Chinese Coal

Hanoi needs to consider the environmental and strategic consequences of reliance on Chinese coal projects.

Coal Trade

Japan prioritises new renewables projects over fossil fuels, it hurts NSW coal exports

The demand for new coal-fired power stations in Japan has collapsed dramatically over the last four years, as Japan prioritises new renewables projects over fos…

China Belt and Road

An Alternative, Solar Power-Focused Plan for China's Silk Belt and Road Initiative

The "New Silk Road" or Belt and Road Initiative is an ambitious project expanding China's trade and industrial reach into the rest of Asia and the world.

Oil & Gas Trade

A British Oil Tanker has Stopped its Journey Through the Strait of Hormuz

A British oil tanker has stopped its journey through the Strait of Hormuz for fear of being seized by Iran in response to the capture of an oil tanker by UK for…