Friday

02-05-2025 Vol 19

Year: 2025

EU Set to Respond to U.S. Tariffs with Retaliatory Measures Starting Tuesday

The European Union is set to implement its first countermeasures against U.S. tariffs starting Tuesday next week. This decision follows…

EIA Data Reveals Increase in US Crude Stockpiles Amid January Lows in Exports

U.S. crude oil stockpiles experienced an increase last week as imports rose while exports fell to their lowest levels since…

Rising Concerns in Thermal Coal Market Due to US-China Tariff Conflicts

The thermal coal market is experiencing increased caution as tensions between the U.S. and China escalate. Following the introduction of…

Iron Ore Drops to 6.5-Month Low Amid Intensifying Global Trade War Impacts

Iron ore futures experienced a significant decline on Wednesday, reaching their lowest levels in over six months. This drop is…

Panama Attorney General Launches Investigation into CK Hutchison’s Port Contract Deal

Panama’s attorney general, Luis Carlos Gomez, has announced an investigation into a contract awarded to the Hong Kong-based CK Hutchison…

New Solution Reduces Methane Slip by Up to 75% for Wärtsilä 50DF Engine

Wärtsilä has unveiled a new methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine, significantly enhancing its environmental performance.…

ADB Warns US Tariffs and China’s Slowdown Impede Growth Prospects for Developing Asia

The Asian Development Bank (ADB) has indicated that the full implementation of U.S. tariffs may reduce growth in developing Asia…

Intense US Bond Selloff Sparks Memories of COVID-Era ‘Dash for Cash’ Financial Panic

A significant selloff in U.S. Treasury bonds has rekindled concerns about the fragility of the bond market, reminiscent of the…

Asia Distillates: Limited Trades Persist, Yet Spot Activity Sees a Rise in May

The middle distillates markets in Asia continue to show a lack of trading activity, which can be attributed to the…

Goldman predicts copper prices will fall to $8,300 per ton by the third quarter of 2025.

Goldman Sachs has forecasted that copper prices will decline to an average of $8,300 per metric ton by the third…