Urals crude prices at Russia’s Baltic and Black Sea ports fell to their lowest levels in one and a half months this week, according to Reuters monitoring and LSEG data, as the dated Brent benchmark also weakened and freight costs stayed high.Free-on-bo…
Urals Prices Fall to Lowest in Six Weeks at Russian Ports Read More »
Most Gulf equities closed down on Wednesday, after Iran said there would be no talks with the US to end their conflict unless its demands are met.Foreign Minister Abbas Araqchi in an article published in the Financial Times on Wednesday said…
Gulf Bourses Drop As Iran-US Diplomacy Comes to a Halt Read More »
China’s coast guard said it monitored the Philippines delivering necessities to a vessel on Second Thomas Shoal on Wednesday, roughly a month after Manila accused Beijing of obstructing its resupply mission in the disputed South China Sea.The…
Chinese Coast Guard Monitors Philippine Vessel Resupplying in South China Sea Read More »
Egypt’s Foreign Ministry on Wednesday rejected the maritime boundaries deal that Libya’s eastern parliament ratified with Turkey, saying in a statement that the ratification will have no legal impact on Cairo.The deal approved on Tuesday is…
Egypt Rejects Libyan Maritime Boundary Deal With Turkiye Read More »
Bad weather in the North Pacific is tying up tonnage that would otherwise be ballasting to load ports
Incoming super-typhoon sends capesize spot rates spiralling Read More »