China’s domestic coal prices are expected to surge past 2023 highs this year.
Red Sea
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EnergyFeatureforex newsThe Watch
Oil retreats from 5-m peak on Monday’s opening
by Aya Anwarby Aya AnwarOil retreated from a five-month peak following Israel’s announcement of troop withdrawal from Gaza, with traders eyeing …
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Egypt NewsEnergyFeatureNews
Egypt to purchase LNG to curb potential summer shortage
by Aya Anwarby Aya AnwarEgypt has initiated the purchase of liquefied natural gas (LNG), a notable departure for the typically exporting …
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FeatureIndustry & Trade
Asian diesel margins heat up amid supply surplus, sea concerns
by Aya El Sayedby Aya El SayedAsia’s diesel production margins are under increasing pressure due to an oversupply as major exporters ramp up …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s non-oil activity suffers over Suez Canal disruption
by Nada Aliby Nada AliEgypt’s private sector activity declined in February, with the Suez Canal freight drop and foreign currency shortage …
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FeatureIndustry & TradeInternational NewsNews
Maersk: Red Sea disruptions could extend to H2 of ’24
by Nada Aliby Nada AliMaersk, the Danish shipping company, has warned its clients to expect disruptions in the Red Sea to …
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FeatureIndustry & Trade
Oil tanker crisis intensifies as Red Sea attacks divert trade
by Aya El Sayedby Aya El SayedThe oil tanker industry’s old warnings about a shortage of new ships are now impacting the market …
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FeatureIndustry & TradeInternational NewsNewsThe Watch
Oil prices surge amid Red Sea tensions
by Nada Aliby Nada AliOil prices rose in Asian trade on Wednesday due to concerns about attacks on shipping in the …
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Egypt NewsFeatureIndustry & TradeInternational NewsNewsTech/AI
MSC to resume Suez Canal transit once tensions ease – CEO
by Yomna Yasserby Yomna YasserSwitzerland’s MSC will “immediately” return shipping through the Suez Canal as soon as the security situation stabilises …
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BanksFeatureFinancial InstitutionsInternational NewsMENA NewsNews
IMF: Red Sea shipping activity down 50% due to Gaza war
by Nada Aliby Nada AliShipping in the Red Sea has decreased by 50 per cent due to geopolitical tensions and the …