September, 2017
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But it's anyone's guess what will ultimately move prices away from their range-bound status.
Crude Makes 3rd Straight Weekly Gain Despite OPEC Deferring Talk of Cutback Extension
Port commissioners point out that LNG "emits a fraction of the pollution of the industry standard bunker fuel"
Tacoma Defends Decision on LNG Bunkering Facility
Expect a continuation of range bound prices in the near term, say experts.
Crude Flat as Rising Tensions Over North Korea Balance Slowing U.S. Shale
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