Argus

MSC bypasses Hormuz with hybrid sea–land shipping route Singapore, 6 May (Argus) — Mediterranean Shipping (MSC), the world's largest container shipping company, will launch a new hybrid sea–land shipping service …

India's NMDC raises iron ore prices in May Mumbai, 6 May (Argus) — Indian state-controlled mining company NMDC raised its iron ore prices for the fourth straight month in May, …

Economic recovery lifts German diesel demand in 2025 Hamburg, 6 May (Argus) — German diesel demand rose in 2025 for the first time in six years, signalling a recovery in …

EU could use Pacm credits as 'safety reserve': Study Berlin, 5 May (Argus) — The EU should consider treating some of the international carbon credits that it can use to …

Vale's iron ore supply stable despite Iran war Sao Paulo, 29 April (Argus) — The conflict in the Mideast Gulf has not affected Brazilian mining group Vale's global iron ore …

Australia announces $7.7bn fuel security package Sydney, 6 May (Argus) — Australia's upcoming budget will include a A$10.7bn ($7.7bn) package aimed at strengthening national fuel and fertilizer security, including the …

Indonesia raises PKS export tax to $10/t for May Singapore, 4 May (Argus) — The Indonesian government has raised its export tax on palm kernel shells (PKS) to $10/t for …

Trump pauses US plan to force Hormuz open Washington, 5 May (Argus) — President Donald Trump said late Tuesday he will "pause" the US military mission to facilitate the exit …

US, Iran vie for control of Hormuz: Update Updates with details throughout Washington, 5 May (Argus) — The US and Iran have each announced measures designed to challenge the other's …

IMO net-zero framework consensus remains elusive London, 1 May (Argus) — Consensus at the International Maritime Organization (IMO) meeting of its Marine Environment Protection Committee (MEPC 84) this week remained …

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US' Hormuz operation is 'temporary': Pentagon Washington, 5 May (Argus) — The US military operation to facilitate the exit of stranded vessels from the Mideast Gulf is temporary, and the …

Printer friendly India’s base oil imports rise to five-month high in Feb 28 Apr 2026 11:59 (+01:00 GMT) India's base oil imports rise to five-month high in Feb Singapore, 28 …

Printer friendly US base oil output rises 12pc in February: EIA 01 May 2026 21:21 (+01:00 GMT) US base oil output rises 12pc in February: EIA Houston, 1 May (Argus) …

Printer friendly US base oil exports fell 38pc in Feb: EIA 01 May 2026 22:06 (+01:00 GMT) US base oil exports fell 38pc in Feb: EIA Houston, 1 May (Argus) …

Group II base oil premiums to VGO reach record high Houston, 4 May (Argus) — US Group II base oil premiums to feedstock costs reached a record high for the …

Transnet sets coal rail closure dates in South Africa London, 5 May (Argus) — South Africa's state-owned rail operator Transnet Freight Rail (TFR) will close its coal-delivering north corridor for …

Wirtschaft lies Dieselnachfrage 2025 wieder steigen Hamburg, 5 May (Argus) — Die deutsche Wirtschaft hat sich in 2025 nach Jahren des Abschwungs leicht erholt. Insbesondere der Aufwärtstrend in der Industrie …

Black Sea wheat pushes Australian wheat out of SE Asia Singapore, 5 May (Argus) — Buyers of lower protein content milling wheat for shipment to southeast Asia have increasingly turned …

Weaker demand pressures Singapore April bunker prices Singapore, 5 May (Argus) — Conventional bunker prices in Singapore trended down in April as sellers kept prices competitive to secure deals amid …

Al market has underestimated effects of Mideast war London, 5 May (Argus) — The effects of the US/Israel-Iran war and the resulting disruption to shipping through the strait of Hormuz …

Singapore, New Zealand ink supply chain resilience pact Sydney, 5 May (Argus) — Singapore and New Zealand have signed an Agreement on Trade in Essential Supplies (AOTES), committing both countries …

Kuwait's KPC raises May sulphur price by $195/t London, 5 May (Argus) — Kuwait's state-owned sulphur producer KPC has set its May Kuwait Sulphur Price (KSP) at $765/t fob Kuwait, …

Abu Dhabi's Adnoc raises May sulphur price by $160/t London, 5 May (Argus) — Abu Dhabi's state-owned Adnoc has set its May sulphur official selling price (OSP) for the Indian …

Australia extends EV tax cuts to 2029 on higher sales Sydney, 5 May (Argus) — Australia's federal government will continue its fringe benefits tax (FBT) exemption for electric vehicles for …

Trump Hormuz order fails to drop shipping risk New York, 4 May (Argus) — Shipping associations warn that risks to shipping in the strait of Hormuz remain elevated despite the …

Brazil must fight for oil investment: Shell Houston, 4 May (Argus) — Brazil will need to work on the "predictability, stability and pace" of its oil investment environment to remain …

US, Iran exchange fire in Hormuz: Update Updates with details throughout Washington, 4 May (Argus) — Iran has fired shots at US naval vessels in the strait of Hormuz and …

Iran launches attacks after Trump Hormuz order Washington, 4 May (Argus) — Iran launched attacks on the UAE port of Fujairah and ships off the UAE coastline on Monday, after …

US butane exports hit all-time high in April: Kpler Houston, 4 May (Argus) — US butane exports hit an all-time high of 689,000 b/d, or 1.9mn metric tonnes (t), in …

Crude futures rise on reported US vessel attack: Update Adds details in paragraph 5 Singapore, 4 May (Argus) — Front-month Brent crude futures leapt by more than $5/bl in late …

Crude futures surge on reported US navy vessel attack Singapore, 4 May (Argus) — Front-month Brent crude futures leapt by more than $5/bl in late afternoon trading in Asia on …

German fuel demand drops ahead of tax cut Hamburg, 4 May (Argus) — Demand for diesel and gasoline in Germany fell sharply in the week ending 1 May as the …

EU–Mercosur deal challenges Pakistan ethanol trade Mumbai, 30 April (Argus) — The EU's trade agreement with the Mercosur bloc is eroding the competitiveness of Pakistani ethanol exports to Europe by …

UAE calls time on Opec to chart its own path The UAE exit comes on the heels of the Iran war, but Abu Dhabi's decision reflects long-standing differences with Riyadh …

South Australia proposes expanding fuel rationing rules Sydney, 4 May (Argus) — The South Australian government has proposed legislation to expand its authority to impose fuel rationing, as concerns persist …

Australia approves large solar, wind, battery projects Singapore, 4 May (Argus) — Australia has progressed 10 large-scale clean energy projects for development under a national investment scheme, the government said …

Vessel attacks continue in the Mideast Gulf Singapore, 4 May (Argus) — The UK Maritime Trade Operations (UKMTO) has reported three separate security incidents involving commercial vessels in the Mideast …

US, Iran to allow some Hormuz transit: Trump Washington, 3 May (Argus) — The US and Iran have agreed to allow neutral ships stranded in the Mideast Gulf since February …

IMO net-zero proposal inches towards consensus London, 1 May (Argus) — Consensus at the International Maritime Organization (IMO) meeting of its Marine Environment Protection Committee (MEPC 84) this week remained …

Crude tankers decline despite Yanbu demand New York, 1 May (Argus) — A surge in crude shipments from the Red Sea port of Yanbu, bypassing the blockaded strait of Hormuz, …

US manufacturing grew in April amid war concerns Houston, 1 May (Argus) — US manufacturing activity grew in April for a fourth consecutive month, as order growth outpaced production and …

European jet premiums slide as prompt supply fears ease London, 1 May (Argus) — European jet fuel premiums to Ice gasoil futures have fallen to their lowest since the early …

Hunt, Crossover sign Orinoco exploration deals Caracas, 1 May (Argus) — Two independent US oil and gas producers have agreed to work with Venezuela's state-owned PdV in the Orinoco heavy …

Eni seeks buyer for Brindisi cracking unit Milan, 29 April (Argus) — Italian energy company Eni has decided to sell its cracking unit at Brindisi in southern Italy and will …

US housing starts jump in March Houston, 29 April (Argus) — US housing starts rebounded to 15-month highs in March, led by construction of multi-family units, US Census Bureau data …

WM expands US recycling capacity in 1Q Houston, 29 April (Argus) — Waste Management (WM) increased its US recycling processing capacity by 300,000 metric tonnes (t) in the first quarter, …

Orbia sees Iran war uplift after 1Q loss Houston, 29 April (Argus) — Mexico-based chemicals producer Orbia expects prolonged fighting in the Middle East and the subsequent shock to the …

Braskem names Petrobras chief as board chair Sao Paulo, 30 April (Argus) — Brazil's Braskem has appointed Petrobras chief executive Magda Chambriard as chair of its board of directors, following …