Year: 2025
May 09, 2025
News
China’s Tariff Lift to Boost US Ethane Exports Significantly
US ethane exports are anticipated to increase significantly in 2025 and 2026, particularly to China, following the removal of tariffs…
May 09, 2025
News
Asia Distillates: Cash Differentials Stable; June Spot Sales Mirror May Levels
Asia’s middle distillates markets have shown robust activity, particularly in trading sessions on Thursday. Refiner sales for June have closely…
May 09, 2025
News
Saudi Arabia’s Output Shift: The Timeliness Reflected in the Oil Market ‘Smile’ Analysis
Recent shifts in the oil market suggest that Saudi Arabia’s decision to increase production after five years of output cuts…
May 09, 2025
News
Trade War Likely to Reduce China’s Steel Exports and Worsen Domestic Oversupply Issues
China’s steel exports are anticipated to decline significantly in the second quarter of the year, a development that could worsen…
May 09, 2025
News
TORM Announces First Quarter Results Below Expectations, Consistent with Forecasts
TORM has reported its first quarter results for 2025, which align with expectations despite ongoing geopolitical challenges. Jacob Meldgaard, the…
May 09, 2025
News
Federal Reserve’s Cautious Approach May Continue Until September
The Federal Reserve has maintained its monetary policy, keeping the Fed funds target rate between 4.25% and 4.50%. This decision…
May 09, 2025
News
China’s Exports Expected to Decline Sharply in April Due to Impact of Trump Tariffs
China’s export growth is expected to have declined sharply in April due to the effects of tariffs imposed by former…
May 09, 2025
News
Middle East Crude Benchmarks Decline After Two Consecutive Days of Increases
Middle East crude benchmarks such as Oman, Dubai, and Murban experienced a decline on Thursday after two days of price…
May 09, 2025
News
China’s Oil Industry Maintains Low Hopes for US Trade Talks Amid Ongoing Tensions
Chinese oil and chemical companies remain cautious as uncertainties in US-China trade relations persist despite high-level talks scheduled for this…
May 09, 2025
News
Iron Ore Prices Drop Amid Anticipations of Steel Production Cuts in China
Iron ore prices experienced a decline on Thursday, influenced by expectations of reduced demand due to potential cuts in crude…