Sunday

08-06-2025 Vol 19

Year: 2025

IEA Predicts Oil Demand Decline in 2025 Due to Tariff Impact

The International Energy Agency (IEA) has issued a warning regarding the impact of new US tariffs on global oil demand…

South Korean Steel Exporters Rush to Meet U.S. Tariff Deadline Before October 2023

The recent announcement by President Donald Trump imposing a 25% tariff on steel and aluminum imports, including those from South…

Data Reveals Surge in UAE Aluminium Exports to US Before Imposition of Trump Tariffs

Aluminium exports from the United Arab Emirates to the United States surged in the early days of March 2025, according…

Eurozone Industrial Production Soars in January, Fueling Optimism for Continued Economic Recovery

In January, Eurozone industrial production experienced a notable uptick, raising hopes for a sustainable economic revival. While the data remains…

FX Daily: Diminishing Optimism for EUR/USD Trends

EUR/USD optimism appears to be diminishing as market sentiment shifts. The DXY dollar index has climbed back above 104, influenced…

BP CEO Calls for Increased Gas Production in the U.S. as Demand Grows

BP is preparing to increase its natural gas production in the U.S. as a response to the recent surge in…

Is the Era of Affordable Palm Oil Over? Biodiesel Demand Causes Production to Stall

The surge in biodiesel demand and stagnating palm oil production are driving prices higher, a significant shift for this once-affordable…

U.S. Propane Exports Surge Annually, Continuing Growth Trend Since 2007

U.S. propane exports have consistently increased since 2007, reaching an unprecedented average of 1.8 million barrels per day (b/d) in…

DP World Signals Uncertain Trade Outlook Following Significant Profit Decline

DP World, the Dubai-based ports and logistics operator, reported a significant 28% decline in annual profit, attributing this drop to…

Weekly Tanker Market Update: VLCC AG Supply Insights

This week’s analysis focuses on VLCC net supply trends in the Arabian Gulf (AG), current Baltic rates performance, and cargo…