May, 2017
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Others note that selling oil bought for just over $29 per barrel at today's prices is a wise business move.
Trump Reserve Selloff Proposal Raises Security Concerns but Backed by Analysts Who Forecast Oil Demand Plummeting
The vessel, known as Lunch Box, is powered by two efficient Tier III certified Baudouin 6M26.3 main engines.
Newly Christened Ferry Hailed Among the "Cleanest Operating in American Waters"
But the all-important prospect of OPEC deepening its cuts remains unclear.
Prospect of Extended OPEC Cuts Causes US Crude To Hit 4-Week High
Hydrus is the first in a series of four 400 passenger catamaran ferries being built for San Francisco-based WETA.
Efficient and "Environmentally Friendly" Ferry Put into Service by ECA Operator
Gaz M├ętro and the port authority say the new supply solution is intended to form a first step in encouraging shipowners to adopt LNG bunkers.
Port of Montreal to Offer LNG Bunkering Solution to Shipowners
But others insist the extension will do some good and cause oil to surge to $60.
Nine Month OPEC Extension At Same Cutback Rate Means Bearish Future For Oil: Analysts
"The next few years will see massive disruption in the bunker industry," GCC's Mark VandeVoorde tells Ship & Bunker.
New "Low Sulfur Specialist" Physical Supplier Enters Houston and Galveston Market
"A successful post-2020 supplier needs to have the right combination of technology, quality, and location," GCC co-principal John Mafrige tells Ship & Bunker.
Houston-Based GCC Bunkers to Produce Post-2020 Compliant 0.50% Sulfur Bunker Fuels in Texas
The proposed ban would relate to oil tankers carrying more than 12,500 metric tonnes of crude or persistent oils.
Trudeau Tanker Ban Targets Bunker Shipments on Pacific Coast
The OPEC extension coupled with U.S. shale will turn the 2018 market into a battleground, they say.
Flat Prices for the Near Term, Outright Bedlam in 2018: Analysts