The Baltic Exchange’s main sea freight index, which measures rates for ships carrying dry bulk commodities, edged up on Friday due to higher rates in capesize and supramax vessel segments. The main index, which tracks rates for capesize, panamax and supramax shipping...

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Importing crude oil from Canada is currently not feasible for India due to the high cost required to transport oil from the country, a senior government official told Moneycontrol. “The pipeline infrastructure within Canada is currently not developed enough for India...

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European gas traders have faced a stressful race against the clock in recent summers as they have scrambled to refill depleted gas storage facilities ahead of winter. But with demand in Asian markets sagging, Europe can expect a surge of liquefied natural gas imports...

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China has placed curbs on coal production following an unexpected supply increase in the first half of the year that weighed on prices, according to an official of a major mining firm and analysts. China’s output in July dipped to the lowest level in over a year. It...

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Russia’s Ust-Luga oil export terminal will operate at around 350,000 barrels per day in September, or about half its usual capacity, following damage to pipeline infrastructure from Ukrainian drone attacks, two industry sources told Reuters. The disruption shows how...

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Asia’s spot differential for very low sulphur fuel oil (VLSFO) pared slightly on Thursday, snapping four straight sessions of gains, while onshore inventories climbed in Singapore. Stockpiles rebounded to their highest in three weeks, despite easing imports from the...

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