Monday

26-05-2025 Vol 19

Year: 2025

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…

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…

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…

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…

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…

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…

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…

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…

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…

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…