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Oil Suffers Huge Weekly Loss As Demand Fears Mount
Oct 6, 2023 ... of demand fears, the latest spurred by the announcement of Russia lifting its fuel export ban. Brent posted a decline of about 11 percent and West Texas Intermediate an 8 percent drop; the ...
Demand Worries Prevail as Oil Incurs More Steep Losses
Oct 5, 2023 ... 4.96 million bpd, comprising 5 percent of global oil demand, from the market since 2022, spiking Brent prices from $72 per barrel in June to $97 per barrel in September 2023. “These measures ...
Oil Nosedives As JP Morgan Warns That "Demand Destruction Has Begun"
Oct 4, 2023 ... commodity has begun – and caused crude to plummet by a massive 5.6 percent, the most in 2023. Brent settled down $5.11, or 5.6 percent, to $85.81 per barrel, while West Texas Intermediate ...
Oil Ekes Out Gains Amid Higher Dollar And Concern Over OPEC Policy
Oct 3, 2023 ... wound up ending higher, as market tightness was weighed against economic concerns. Brent settled up21 cents at $90.92 per barrel, while West Texas Intermediate settled up 41 cents at ...
Oil Plummets On Sudden Fears Of Rising Stockpiles
Oct 2, 2023 ... rising supplies: one of several factors contributing to a drop in prices of about 2 percent. Brent for December delivery settled down $1.49, or 1.6 percent, at $90.71 per barrel, while West ...
ANALYSIS: What is Driving the Narrowing of Global High/Low Sulfur Bunker Prices?
Oct 2, 2023 ... global sulfur spreads until Saudi Arabia and Russia ease off on their production cuts. But with Brent crude futures now approaching $100/bl again, these countries may feel less need to support ...
Oil Rises Almost 30% For The Quarter, But Analysts Say The Commodity Is Overbought
Sep 29, 2023 ... the latter concern resulted in prices rising almost 30 percent overall in the third quarter. Brent for November settled down 7 cents to $95.31 per barrel, up about 2.2 percent in the week and ...
BUNKER PRICES: G20-VLSFO Index Jumps to Eight-Month High
Sep 29, 2023 ... by $6.50/mt to $601.50/mt, while the G20-MGO Index gained $7.50/mt to $1,010/mt. ICE Brent crude futures fell by $1.17/bl to $95.38/bl on Thursday. VLSFO prices at the top ports ...
Demand Destruction Again Influences Crude Trading, Prices Decline
Sep 28, 2023 ...  to profit taking and the resumption of demand worries – although the correction was mild. Brent settled down $1.17 to $95.38, while West Texas Intermediate settled down $1.97 to ...
BUNKER PRICES: G20-VLSFO Index Advances for First Session in Nine as Crude Surges
Sep 28, 2023 ... by $9.50/mt to $595/mt, while the G20-MGO Index gained $5.50/mt to $1,002.50/mt. ICE Brent crude futures rose by $2.58/bl to $96.55/bl on Wednesday. VLSFO prices at the top ports ...
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Leclanché's Marine Battery System Secures Key Class Approvals

Leclanché's Marine Battery System Secures Key Class Approvals

The approvals were granted by Lloyd's Register and Bureau Veritas.

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Oil Soars As Trump Demands Iran's Surrender, Says Won't Kill Its Leader – "For Now"

Oil Soars As Trump Demands Iran's Surrender, Says Won't Kill Its Leader – "For Now"

Meanwhile, analysts offer conflicting positions about demand.

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CMA CGM Explores Building LNG-Fuelled Ships in India

CMA CGM Explores Building LNG-Fuelled Ships in India

The company is in talks with Indian shipbuilders for the potential construction of LNG-powered container ships.

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