Economy

Another 6 ships with grain left the ports of Odesa region
Since the beginning of the grain agreement, Ukraine has exported 9.1 million tons of agricultural products. A total of 403 vessels with grain left the ports of Great Odesa.

China ceased to be the main buyer of corn and barley from Ukraine
In the past seasons, China was the main buyer of Ukrainian corn and barley. This season, China has significantly reduced grain imports from Ukraine.

Russian tankers are hiding near Singapore
Tankers loaded with russian fuel oil anchored off Singapore and Malaysia before EU sanctions.

Odessa customs officials have registered almost 400 vessels since the start of the “grain corridor”
Almost 400 ships with Ukrainian food that went through the “grain corridor” were cleared by Odesa customs officials.

The UN has “relatively optimistic” forecasts regarding the continuation of the “grain agreements”
The UN aid chief, Martin Griffiths, said he was relatively optimistic about the extension of the “grain agreements” in the second half of November.

“Ukrzaliznytsia” will increase the fee for the use of wagons since November 1st
“Ukrzaliznytsia” has published new rates for wagons, which will come into effect on November 1, 2022.

A second ship with Ukrainian grain arrived in Algeria
As part of the “grain initiative”, a second ship with 30.5 thousand tons of Ukrainian food wheat arrived in Algeria.

The grain deals could become the subject of blackmail at the G20 summit
Putin is likely to use the possible extension of the grain deals as a way to gain leverage at the G20 summit.

Oil prices rose due to record exports from the US
Oil prices started to rise on Thursday, October 17, extending gains of more than 3% in the previous session.

Saudi Arabia supplies twice as much oil to the EU countries
In September, Saudi Arabia doubled its supply to European countries that are abandoning russian oil.