China traders cut back Iran iron ore purchases ahead of tariff hike

China has taken fewer shipments of iron ore from Iran over August and September, according to Refinitiv Eikon data, as additional export tariffs due to be imposed by Tehran have dampened risk appetites in the world’s biggest steelmaker.

Oil traders hunt for shale’s pain threshold: Kemp

Crude prices are likely to remain under pressure until there are signs the number of rigs drilling for oil in ...

Bunker traders may need to cut staff numbers as margins shrink: consultant

Marine fuel trading companies may need to respond to the persistent fall in their margins by cutting staff numbers, according to industry veteran Adrian Tolson, senior partner at consultancy 2020 Marine Energy.

Traders cancel light cycle oil cargoes ahead of China tax: sources

Traders are rushing to cancel loadings in North Asia of a range of oil products for sale to China, ahead of a planned Chinese consumption tax that will make the trade uneconomic.

Asia Fuel Oil-Activity still subdued as traders try to gauge direction

Trading in Singapore’s physical and paper fuel oil markets remained relatively subdued on Tuesday as most market participants were holding off until a clearer market direction develops, traders said.

Oil Traders See Glimmer of Profit Ahead in Storing Crude at Sea

Oil traders once again believe it’s worth heading out to sea.

Oil traders lose millions as LPG glut shocks market

Traders in the liquefied petroleum gas (LPG) market face a “career-ruining” glut that has led to millions of dollars in losses as Chinese buyers, far from coming to the rescue, are in a stand-off with oil companies to cancel deals.