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Oil Trading Newsletter
  • Kenyan firms gear up for Africa's largest trade fair in Algeria 16 Apr 2024 03:22 GMT

    … Tayeb Zitouni, Minister of Trade and Export Promotion, Algeria signs … the Pan African trade bank the African Export-Import Bank (Afreximbank), … to reduce reliance on oil and gas sales include … incentives to non-oil exporters. For decades the oil and gas-rich …

  • Why gold, oil equity mkts hitting highs? 16 Apr 2024 04:13 GMT

    … recent ban on rice exports and rise in oil prices on heightened … could widen India's trade deficit have caused the rupee … October 2022, the rupee has traded in a tight range between … pressure on oil prices. Crude oil prices above USD100 a barrel can widen …

  • Column-China’s iron ore imports rise as inventories build: Russell 16 Apr 2024 07:12 GMT

    … world’s biggest iron ore importer saw arrivals of 310. … China’s top commodity imports, namely crude oil. Crude oil imports rose 0.7% … actually slightly weaker on a barrels per day basis, given … is something that Chinese oil refiners and traders appear to have …

  • Brace For Inflation. Iran’s Attack On Israel Has Deep Implications For The Global Economy And India, Affecting Trade, Oil, And Daily Life. What Should Indian Investors Do? 16 Apr 2024 04:31 GMT

    OPEC magnifies the repercussions of any disruption to its oil production and exports … around the $90 per barrel mark. This precarious … spanning inflationary pressures, trade imbalances, and strains … the context of elevated trading levels, as highlighted …

  • What Ukraine Drone Attacks in Russia Mean for Crude Oil Exports 16 Apr 2024 05:35 GMT

    … a question among analysts and traders: will it result in Moscow … up refining capacity becomes a barrel more exported crude.Advertisement 2 This … form Russia’s West Siberian oil heartland, the ports have no … part of a pact with OPEC+. That only muddies the water …

  • India’s overall exports hit record $776.7 bn in FY24 16 Apr 2024 04:22 GMT

    … billion. The country’s overall trade deficit improved by 35.77% … on import substitution and curbing non-essential imports. He added that exports are … a fall in non-oil non-gold imports. This is expected to …

  • Oil Markets Were Already Positioned for Iran Attack 16 Apr 2024 06:31 GMT

    … not have helped in convincing OPEC+ that these conditions are being … and trade friction can see prices push higher, “towards $100 per barrel … ”. “Our base case is for OPEC+ to now unwind … -1000 kb/d of OPEC+ oil on the market,” they added …

  • UK, US ban trading in Russian aluminium, copper, nickel 16 Apr 2024 06:39 GMT

    … on prohibited Russian metal exports, thereby curtailing a … legislation and trade licenses on Russian metal trading. Specifically, … directly prohibit Russian metal imports. The US also imposed … imposed extensive trade sanctions on Russian-origin oil, gas, …

  • Analysis-Biden unlikely to cut Iran's oil lifeline after Israel attack 16 Apr 2024 05:11 GMT

    oil. That is close to the 2 million barrels a day Iran exported … tons or 1.11 million barrels of Iranian crude a day … ;s crude oil exports and 10% of China's oil imports. Several analysts … other entities engaged in such trade. "If you really want …

  • Oil prices rise amid Middle East tensions 16 Apr 2024 05:46 GMT

    … Intercontinental Exchange was trading at $90.57 a barrel, up 0.52% … , it could certainly bolster crude oil prices. Expectations are for crude … . The windfall tax on the export of petrol, diesel and aviation …

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