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…
May 09, 2025
News
KCC Q1 2025: Navigating Uncertainty and Seasonal Challenges with a Steady Approach
Klaveness Combination Carriers ASA (KCC) has reported an EBITDA of USD 15.0 million and an EBT of USD 4.3 million…
May 09, 2025
News
Wallenius Wilhelmsen Achieves Strong Q1 Performance Amidst Market Uncertainty
Wallenius Wilhelmsen has demonstrated resilience by achieving a strong start to 2025, even amidst rising market uncertainties stemming from US…
May 09, 2025
News
Asia Fuel Oil Spot Differentials See Minor Gains as Inventories Experience Decline
Spot fuel oil differentials in Asia saw minor increases on Thursday, while onshore inventories in Singapore continued to decrease. The…