Gavin Maguire

Chinese iron ore has stellar 2019, natural gas lags other commodities

31 Dec 2019

SINGAPORE China's iron ore futures were the best performing commodity in 2019, more than doubling in value while natural gas ranked as the biggest loser, dropping by more than a quarter.

COMMODITIES-China's iron ore posts stellar 2019; natural gas tops list of losers

31 Dec 2019

* Brazilian supply cuts, strong Chinese demand drove up prices

OPEC's share of Indian oil imports in October hits lowest since 2011

19 Nov 2019

NEW DELHI OPEC's share of India's oil imports fell to 73% in October, its lowest monthly share since at least 2011, tanker data from sources showed, as refiners shipped in fuel from the United States and other suppliers.

Southeast Asia catches swine fever, U.S. crop exporters get the chills

27 Sep 2019

SINGAPORE Last year, Southeast Asian farms offered a lifeline to U.S. grain exporters wounded in a bitter trade war with China. Now, African swine fever is set to tear through those markets, killing off business as surely as the fatal disease decimates vast herds of pigs once raised on U.S. crops.

Pellet pivot: China develops taste for high-grade iron ore as coastal furnaces fire up

20 Aug 2019

BEIJING/SINGAPORE China's demand for iron ore pellets and high-quality ore is expected to accelerate in 2020 as a result of Beijing's push to shift dozens of steel mills to coastal regions in its battle to stop smog blanketing industrial cities.

EXCLUSIVE-Philadelphia Energy Solutions seeks to permanently shut oil refinery - sources

26 Jun 2019

PHILADELPHIA, June 26 Philadelphia Energy Solutions (PES) is expected to seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex, two sources familiar with the plans said on Tuesday.

Ghost ships no more: Explorers resume oil, gas search as prices perk up

05 Jul 2018

SINGAPORE A growing fleet of ships is scanning oceans in search of new oil and gas fields as energy companies, now with more cash thanks to stronger crude prices, gradually resume spending on seismic services after a four-year downturn.

Offshore oil searches are coming back to fashion - just not in Asia

21 Dec 2017

SINGAPORE Surveying the ocean floor for oil and natural gas reserves is gradually emerging from a multi-year slump, everywhere apart from Asia.

BHP, world's largest miner, says 2017 is 'tipping point' for electric cars

26 Sep 2017

SINGAPORE This year looks set to be the "tipping point" for electric cars, Arnoud Balhuizen, chief commercial officer at global miner BHP said on Tuesday, with the impact for raw materials producers to be felt first in the metals market, and only later in oil. | Video

Palm oil demand up as dry U.S. weather seen hurting rival soy crops

21 Jul 2017

KUALA LUMPUR Palm oil demand is seen rising on a widening price differential with its rival oilseed soy, spurred by dry weather in the United States, prompting buyers to switch to the cheaper tropical oil, as key purchasing market China replenishes its palm oil port stocks, which have slid to seven-month lows.

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