Month: April 2025
April 29, 2025
News
ECB Policymakers Warn of Dire Outlook for Euro Zone Economy Ahead
The European Central Bank (ECB) officials have raised serious concerns about the future of the euro zone economy, warning that…
April 29, 2025
News
US Tariff Shockwaves Heighten Risk of Global Economic Recession
Economists are increasingly concerned about the risk of a global economic recession in 2023, as reflected in a recent Reuters…
April 29, 2025
News
Asia’s Gasoline Crack Price Increases While Naphtha Experiences Decline
Asia’s gasoline refining profit margins saw an increase last week as demand remained strong, particularly with the driving season approaching…
April 29, 2025
News
Oil Price Predictions Cut Due to Concerns Over Potential Global Economic Slowdown
Oil price forecasts have experienced significant reductions as analysts anticipate weaker demand for the latter part of 2025. This decline…
April 29, 2025
News
Korea and U.S. Strengthen Shipbuilding Collaboration Amid Ongoing Trade Discussions
In the context of ongoing trade negotiations between Korea and the United States, the July Package has highlighted the potential…
April 29, 2025
News
Dalian Iron Ore Declines as China Considers Reducing Steel Production
Iron ore futures experienced a slight decline on Monday, primarily driven by the prospect of cutbacks in crude steel production…
April 29, 2025
News
AI Lacks Intelligence to Accurately Diagnose Engine Issues
Condition Monitoring Technologies (CMT) has expressed caution regarding the exclusive reliance on artificial intelligence (AI) for ship condition monitoring. The…
April 29, 2025
News
China Delays New Stimulus, Exhibits Resilience Amid Ongoing Trade Conflict with the US
China is proceeding cautiously with its economic stimulus plans amidst the ongoing trade conflict with the United States. Although this…
April 29, 2025
News
U.S. Natural Gas Underground Storage Supplies Concluded Winter at Lowest Levels in Three Years
U.S. natural gas inventories in underground storage concluded the winter heating season at the lowest level seen in three years.…
April 29, 2025
News
Middle East Markets Decline; Dubai Index Reaches Lowest Point in Seven Weeks
Crude benchmarks in the Middle East experienced a decline on Monday, with Dubai’s spot premium reaching its lowest level in…