Oil

As the commodity trading industry looks back on Q1 of 2023, it is evident that the first three months of the year have been marked by a number of significant events. 

To put it lightly, the past few years have been a rollercoaster ride for trade finance. Recent challenges have pushed the industry to the boundaries, which has created significant angst for many. However, this struggle also has a silver lining.

Hamsika Gopalan discusses the trade finance and commodity environment for SMEs in 2023. After a few years of volatility, 2023 is expected to be another difficult year.

In TFG’s conversations with industry experts, we have learned quite a lot about trade volumes and commodities, trade technology, and trade credit insurance. While there is plenty of uncertainty regarding the global outlook in 2023, it is clear that there are many areas of optimism for international trade.

There is little doubt that 2022 has been an unprecedented year and for better or for worse, there has been a lot that has happened in the trade, treasury, payments and supply chain spaces.

November 17, 2022 saw the unveiling of the UK’s Autumn Statement. The plan hopes to create a more stable UK economy in light of the current global financial uncertainty.

In a bid to diversify energy sources and become more eco-friendly, Germany has enacted a grand push toward natural gas. 

To better understand the industry, the impact of geopolitics, and the role that government support in facilitating a digital-first future, Trade Finance Global (TFG) interviewed Tulkin Yusupov, executive director of Sanoat Energetika Guruhi (SEG), the largest oil and gas company in Uzbekistan.

Your Monday coffee briefing from TFG: China ramps up trade restrictions against Taiwan

Saudia Arabia, the world’s second-largest oil producer behind the USA, made headlines this week as reports surfaced that its economy had expanded by 11.8% in the second quarter of 2022, a massive pace largely fueled by high oil prices.

What happens to global supply chains in the next few years could impact the outcome of the climate crisis more than anything else. 

The UN’s World Food Programme has warned that the failure to open Black Sea ports is a declaration of war on global food insecurity and will lead to famine, destabilisation of nations, and mass migration by necessity.

Accordion to the ONS latest statistics release, the twelve-month trailing inflation rate in the UK rose to 9% in April – the highest level since the current ONS data set began in 1989. 

Energy security has been heavily discussed in recent weeks, with the narrative changing almost daily.
This article will review the state of the market and provide an overview of everything you need to know about oil and gas in Europe.

Your morning coffee briefing from TFG – Gas from the past: political history haunts energy supply chains amid Russian sanctions