Sunday

27-07-2025 Vol 19

Category: News

Nigerian Bidder Offers Higher Prices for April Contracts

Traders reported that some Nigerian crude grades saw increased offers for April loading on Tuesday, while the Angolan market remained…

Traders Predict Swift Rate Cuts from Fed Amid Potential Economic Downturn

The Federal Reserve is not expected to reduce interest rates at its upcoming policy meeting next week. However, futures markets…

Trump Tariffs Ignite Economic Concerns, Placing Pressure on the Dollar’s Stability

The dollar faced challenges on Wednesday, struggling to recover from a five-month low against major currencies. This instability stemmed from…

Gunvor CEO Indicates Global Oil Supply Growth Surpassing Demand Levels

The CEO of Gunvor, one of the largest oil trading companies globally, has indicated that the growth in oil supply…

Oil Prices Rise with Weak Dollar, but Tariff Worries Limit Increases

Oil prices experienced a slight increase on Wednesday, supported by a weaker dollar, although concerns about a potential U.S. economic…

Soybean Market Encounters Challenges Amidst Abundant Brazilian Supply, Wheat Prices Experience Increase

Soybean prices are facing challenges from the considerable supply coming from Brazil as Chicago futures remained steady on Wednesday, hovering…

US Tariff Threat Sparks Boom for Physical Copper Traders Amid Market Uncertainty

The uncertainty surrounding U.S. President Donald Trump’s tariffs has created a booming environment for physical copper traders. The potential imposition…

Goldman Sachs Predicts Significant Increase in US Copper Net Imports

Goldman Sachs has predicted a significant increase in U.S. net copper imports, estimating a rise of 50% to 100% in…

Concirrus Teams with OceanMind to Enhance ESG Initiatives in Maritime Insurance Sector

Concirrus, a prominent player in AI-driven insurance risk analytics, has announced a strategic partnership with OceanMind, a well-respected authority in…

Urgent Response Needed for Hazardous Container Leaks: Fast Action is Essential

Hazardous container leaks present significant risks in maritime shipping, with over 5 million containers carrying Dangerous Goods (DG) annually. As…