Crude oil production cuts among OPEC+ members are limiting the global supply of medium, sour, and heavy, sour grades of crude oil. These cuts are increasing prices for these grades compared with sweet crude oils, reversing typical price relationships. Crude oil is...

Robust steel exports from China have emerged as a major driver supporting steel production at a time when demand activity from the country’s largest steel consumer — the property sector — has remained muted for the most part of this year. Besides exports, a decent...

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest since mid-May on Monday, supported by gains in the capesize vessel segment. The overall index, which factors in rates for capesize, panamax,...