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Oil Incurs Fourth Straight Weekly Loss As Analytical Forecasts For Market Ahead Clash
Nov 18, 2023 ... several sessions of significant losses, crude trading on Friday saw a 4 percent jump in Brent and West Texas Intermediate prices, said to be due to investors with short positions taking ...
OPEC+ Coalition Mulls Further Crude Output Cuts as Prices Slump
Nov 17, 2023 ... news agency Reuters reported on Friday, citing three sources familiar with the discussions. ICE Brent crude futures have dropped by about 14% since the start of October on increasing concerns ...
BUNKER PRICES: G20-VLSFO Index Drops to One-Week Low
Nov 17, 2023 ... by $1.50/mt to $520.50/mt, while the G20-MGO Index jumped by $1.50/mt to $900/mt. ICE Brent crude futures sank by $3.76/bl to $77.44/bl on Thursday. VLSFO prices at the top ports ...
"Extreme Demand Pessimism" Said To Drive Thursday's Massive Oil Sell-Off
Nov 16, 2023 ... the U.S. and China caused demand worries to kick into overdrive within the investment community. Brent settled down $3.76, or 4.6 percent, to $77.42 per barrel, while West Texas Intermediate ...
BUNKER PRICES: G20-VLSFO Index Slips for First in Four Sessions
Nov 16, 2023 ... by $2.50/mt to $522/mt, while the G20-MGO Index jumped by $4/mt to $898.50/mt. ICE Brent crude futures declined by $1.16/bl to $81.05/bl on Wednesday. VLSFO prices at the top ...
Oil Plummets On Renewed Concerns Over Stock Builds, Rate Hikes
Nov 15, 2023 ... by oil traders in recent sessions on Wednesday, with one key benchmark plummeting by 2 percent. Brent settled down $1.29, or 1.6 percent, at $81.18 per barrel, while West Texas Intermediate ...
BUNKER PRICES: G20-VLSFO Index Climbs for Third Consecutive Session
Nov 15, 2023 ... by $6/mt to $519.50/mt, while the G20-MGO Index jumped by $11.50/mt to $894.50/mt. ICE Brent crude futures declined by $0.05/bl to $82.47/bl on Tuesday. VLSFO prices at the top ports ...
Little Change for Oil After Mixed Signals From IEA
Nov 14, 2023 ... Tuesday raised its demand growth forecasts. But the news had little impact on oil prices, with Brent falling just 5 cents to $82.47 a barrel and West Texas Intermediate (WTI) unchanged at ...
BUNKER PRICES: G20-VLSFO Index Advances to One-Week High
Nov 14, 2023 ... by $2/mt to $513.50/mt, while the G20-MGO Index slipped by $0.50/mt to $883/mt. ICE Brent crude futures advanced by $1.09/bl to $82.52/bl on Monday. VLSFO prices at the top ports ...
OPEC Optimism Boosts Trading Morale, Oil Gains Over 1%
Nov 14, 2023 ... released its latest monthly report, enough for two key benchmarks to rise by over 1 percent. Brent settled up $1.09 at $82.52 per barrel while West Texas Intermediate settled up $1.09 at ...
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Subdued Trade and IMO Rules to Stall Bunker Demand Growth Through 2030: IEA

Subdued Trade and IMO Rules to Stall Bunker Demand Growth Through 2030: IEA

IEA says bunker fuel demand is set to remain flat through 2030 as weak trade and tightening IMO rules offset shipping growth.

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Alexander Döll Appointed CEO of the Methanol Institute

Alexander Döll Appointed CEO of the Methanol Institute

Alexander Döll takes over as CEO of the Methanol Institute, succeeding long-time leader Gregory Dolan.

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Shanghai Electric to Deliver First-Batch of Green Methanol in July

Shanghai Electric to Deliver First-Batch of Green Methanol in July

The green methanol will be delivered to Shanghai Port next month for bunkering.

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