international-trade
Top StoriesRussian Urals Crude Oil Prices Jump Ahead of EU Embargo
Top StoriesBritain Launches Trade System for Developing Countries
Top StoriesTurkey Says Five More Grain Ships Leave Ukrainian Ports
Top StoriesExclusive – Pdvsa Pauses Oil-For-Debt Shipments to Europe, Wants Product Swaps
Oil Settles up as Iea Hikes 2022 Demand Growth Forecast
Date: August 11, 2022
By Laura Sanicola (Reuters) – Oil prices settled up more than $2 on Thursday after the International Energy Agency raised its oil demand growth forecast for this year as soaring natural gas prices have some consumers switching to oil. Brent crude futures gained $2.20, or 2.3%, to settle at $99.60 a barrel. U.S. West Texas...
Grain Ship’s Departure From Ukrainian Port Delayed Due to Bad Weather- Turkish Ministry
Date: August 11, 2022
ISTANBUL (Reuters) – A grain-carrying ship that was scheduled to depart from Ukraine’s Chornomorsk port under a U.N.-brokered deal on Thursday was unable to set sail due to bad weather conditions, Turkey’s defence ministry said. The deal brokered by the United Nations and Turkey between Russia and Ukraine has allowed 12 ships to depart from...
Ukraine Halted Oil Flows to Europe Over Payment Issue, Russia’s Transneft Says
Date: August 9, 2022
MOSCOW (Reuters) -Ukraine has suspended Russian oil pipeline flows to parts of central Europe since early this month because Western sanctions prevented it from accepting transit fees from Moscow, Russian pipeline monopoly Transneft said on Tuesday. International benchmark Brent crude jumped by $2 per barrel to trade near $98 as the news added to energy...
Two More Grain Ships Leave Ukraine, Bringing Total to 12 Under New Deal
Date: August 9, 2022
ISTANBUL (Reuters) -Two more grain-carrying ships left Ukraine’s Chornomorsk port on Tuesday, Turkey’s defence ministry said, as part of a deal to unblock Ukrainian sea exports, bringing the total to leave the country under a safe passage deal to 12. The Ocean Lion left for South Korea, carrying 64,720 tonnes of corn, it said, while...
Two More Grain Ships Sail From Ukraine as Third Port Opens
Date: August 8, 2022
ISTANBUL (Reuters) – Two more ships, carrying corn and soybeans, departed from Ukrainian Black Sea ports on Monday, Turkey and Ukraine said, taking the total to ten since the first ship sailed last week under a deal with Russia to unblock Ukrainian grain exports. The United Nations and Turkey brokered the agreement last month after...
Companies in China Distance Themselves From Taiwan Amid Pelosi Backlash
Date: August 8, 2022
By Eduardo Baptista BEIJING (Reuters) – From a Chinese soy sauce maker to an Asia-focused asset manager, companies in China are rushing to distance themselves from geopolitical tensions over Taiwan following last week’s visit to the island by a high-profile U.S. official. China claims self-ruled Taiwan as its territory, and the visit by U.S. House...