September, 2017
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U.S. shale is also targeted as having fundamental problems moving forward.
US Crude Passes 6-Week High, but Analysts Unconvinced of Oil's $50-Plus Sustainability
But OPEC production is still a source of concern, the agency adds.
Crude Up as IEA Sees Better then Expected Demand, Shrinking Inventories
Meanwhile, OPEC's secretary general assures everyone that a market rebalance is coming closer to reality.
Croft Focuses on Peak Demand as Rumour Grow About a Six Month OPEC Cutback Extension
Venezuelan president Nicolas Maduro says the cartel has good recovery strategies in the works but won't say what they are.
OPEC Production Drop in August Accompanied by Predictions of an Imminent Price Recovery
But some markets are poorly positioned as they are short on distillates
0.5% Sulfur Fuel Oil Most Likely Choice for Bunker Buyers in the Americas: Argus
Traders are still assessing the impact of Harvey and Irma.
Monday Crude Prices Mediocre with Little Change Expected to Stockpiles
Texas will not be affected at all by the mega-storm.
Crude Falls Ahead of Irma: Major Devastation Expected But No Direct Threat to Oil
But the number of stems fell 22% to 393 compared to the 425 operations performed in July 2016.
Panama Bunker Sales Jump 4.3% in July
Monjasa is looking to strengthen their team in Panama with an experienced Bunker Trader who is ambitious, detail oriented and an excellent communicator.
Bunker Jobs: Monjasa Is Looking to Strengthen Their Team in Panama
The vessel is the first of two Spirit-Class vessels set to be converted to dual-fuel propulsion - after which it will be able to run on LNG or ultra-low sulfur MDO.
BC Ferries Takes Next Steps on LNG Bunker Dual-Fuel Retrofit