China imports oil doctored to skirt US sanctions on Venezuela
It may be the oil market’s worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously going to China.
Top Warner aide to be Raimondo’s chief of staff at Commerce
Mike Harney, a top Senate aide and Obama administration veteran, has been chosen to be chief of staff to Commerce Secretary-designate Gina Raimondo, according to…
Biden team vows tough enforcement of anti-virus travel steps
The Biden administration is vowing tough enforcement of new safety measures it is imposing on travelers to curb the spread of the coronavirus even as…
China trade row has cost Australia $3 billion in lost exports
Australia’s trade fight with China cost it about $3 billion in commodities sales last year, and that relatively small impact suggests there’s little economic need…
Oil slips with global viral resurgence highlighting demand risks
Oil ended a choppy session lower with worsening global coronavirus outbreaks accentuating concerns over a demand rebound.
United sinks as airline says it can’t predict rebound timing
United Airlines Holdings Inc. sank after saying it couldn’t predict when a demand rebound would improve results, a cautious outlook that contrasted with Delta Air…
EIA expects crude oil prices to average near $50 per barrel through 2022
In its January Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids will be greater than global supply…
Lufthansa Cargo renews airfreight center in Frankfurt
Supervisory Board approves investment for Lufthansa Cargo's most important logistics facility in Germany
Sovcomflot and Total increase cooperation in LNG transportation
PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be…
After Brexit related pause: DB Schenker resumes land shipments to the United Kingdom
As of today, DB Schenker has resumed land shipments to Great Britain after a temporary suspension. For shipments to be processed, it remains of the…
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