Archive for the December 31, 2017
-
China grew the crude oil volumes in its Strategic Petroleum Reserves (SPR) by nearly 14 percent between June 2016 and June 2017, data from the National Energy Administration (NEA) showed, picking up the stockpiling pace
Read More -
China has issued crude oil import quotas totalling 121.32 million tonnes for 44 companies in its first batch of allowances for 2018, according to a source with direct knowledge of the matter and documents reviewed
Read More -
ICE cotton futures jumped 25 percent this year, marking its best annual performance since 2010, with prices hovering near a 3-1/2 year high on Friday, on higher demand for the natural fibre. Cotton futures rose
Read More -
Algeria needs to exploit its shale gas resources to offset a surge in local energy consumption that is eating into vital exports, but developing the industry will take time and require far-reaching reforms at the
Read More -
November through January is typically the least active period for Brazilian soyabean exports, but that quiet time has lately been getting louder - and possibly at the expense of the United States. Record-large crops were
Read More -
Half of US soyabeans exported to China this year would not meet Chinese rules for routine delivery in 2018, according to shipping data reviewed by Reuters, signaling new hurdles in the $14-billion-a-year business. More stringent
Read More -
US dry bulk shippers are set to post strong revenue growth in the next two years thanks to soaring Chinese demand for high-grade iron ore from Brazil and Australia. To combat severe winter smog, China
Read More -
China's war on polluting industries, its supply reforms and robust demand growth have this year combined to create a bonanza for copper and aluminium which are heading for their biggest rises since 2009. However, traders
Read More -
Deutsche Bank will resume the payment of normal bonuses for 2017, the bank's chief told a German newspaper, and some employees will get raises. CEO John Cryan, in an interview with the Boersen-Zeitung newspaper published
Read More -
Qatar's economy has largely recovered from a boycott imposed by other Arab states and is again growing at one of the fastest rates in the region, according to figures released by the statistics ministry on
Read More