Indian Institute of Technology (IIT) Delhi on Thursday announced the launch of a new undergraduate programme, B.Tech in Materials Engineering.
Cross-Mediterranean basis 30,000 mt freight rates reached a new low on Sept. 30, as overwhelming tonnage and a dearth in cargo availability breached a previous floor in the market with shipowners making sharp losses on reduced cargoes in the basin.
Brent crude oil prices made small gains Thursday over progress in talks on the US coronavirus relief package.
For an active trader, volatility always represents opportunity.
Oil pumping via Transneft’s pipeline system decreased by 14% in September 2020 year-on-year to 35 mln tonnes, whereas export dropped by 21.4% to 16 mln tonnes, a representative of the company told reporters on Thursday.
China’s imports of US LPG over January-August surpassed the volumes recorded before trade tensions halted flows in August 2018 with the imposition of prohibitive tariffs, as term contracts are extended and new ones sealed, along with monthly spot purchases.
Benchmark Dubai crude futures intermonths were mostly steady at noon Oct. 1 amid poor Asian demand outlook, as market participants awaited fresh cues including the release of Middle East official selling prices.
South Korea’s exports rebounded for the first time in seven months in September, data showed Thursday, helped by increased shipments of chips and automobiles as major trade partners gradually resumed their business activities amid the pandemic.
Output of liquefied petroleum gas (LPG) in the east of Russia is expected to increase by 1.0-1.2 million tonnes next year, according to producers’ plans, although exports to energy-hungry Asia could be limited by a lack of infrastructure.