Gains in Asia cushion demand weakness elsewhere, as COVID-19 impact replaces IMO 2020 instability as key market driver.
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Users of ShiptechLite will be able to get access to marine fuel pricing data from Ship & Bunker.
Adopted for the high accuracy and efficiency: The time of tank sounding has been greatly shortened by about 75%.
Does that even happen? Unfortunately, the answer is "yes."
Mass flow meters promise to prevent many of the current tricks employed by unscrupulous individuals.
Many bunker surveyors do not realise that the density given in the supplier's bunker delivery note (BDN) may not be true.
Longer term, Goldman Sachs sees average Brent prices rising to $59.40 next year from $43.90 this year.
The port is considering publishing the data in addition to its weekly oil product inventories numbers.
Heavy distillate and residue stocks at the port surged by 16% to 10.361 million barrels in the week to Monday.