August, 2020
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Canada, however, benefits from the U.S.'s slow gains.
Another Unexpected Inventory Draw Buoys Crude, But Traders Still Covid-Shy
However, Vega Capital London profits from the Covid chaos.
Renewed Lockdowns Spook Traders, Cause Crude Price Dip
July, 2020
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The company has sold the business to New York-based private equity firm Corsair Capital for about $350 million.
World Fuel Services Sells Payment Platform Multi Service
The company said it may need to reduce costs further later this year.
World Fuel Services' Bunker Sales Drop to 6-Year Low as Q2 Profit Sees Small Gain
Meanwhile, Yawger says the next six weeks of driving rates are crucial to the market's health.
Covid Concerns Drive More Crude Losses, Longer-Term Pessimisms
Meanwhile, oil giants prepare to announce rare second quarter losses.
Oil Prices Both Buoyed and Capped By Pandemic-Related Developments
Increased competitiveness in the US Gulf bunker market may be behind the drop.
Panama Bunker Demand Drops Sharply in June on Intense US Gulf Competition
The company expects to make a final investment decision on the project in the second half of 2021, and start operations in 2024.
US Supplier Plans LNG Bunker Terminal in Galveston
Meanwhile, Kemp worries that economic activity is "under threat" due to lockdown hungry politicians.
Oil Down As OPEC Decides To Boost Production On Strength Of Demand Recovery
But Energy Aspects says that stocks are drawing down everywhere.
Oil Up Marginally on OPEC News But Still Weighed Down By Covid