November, 2017
Date Headline Image
Crude needs to stay below $60 in order to keep the U.S. at bay, he says.
OPEC Should Consider Raising Production to Prevent Market Being Flooded with Fracked Oil, Says Analyst
Bunker demand rises in first nine months of 2017
Bigger Ships Bulk up Bunker Demand in Panama: Petroleum Argus
Others note that the OPEC extension has already been priced in, thus preventing a bullish breakout.
Despite Anticipation Building over OPEC Meeting, Crude Prices Will Be Capped by Rising U.S. Shale: Analysts
Move is the latest step in converting its remaining light physical operations into a full physical model in the Americas, says Peninsula.
Peninsula Expands Houston Bunker Operations with New Storage Agreement
RJO Futures, on the other hand, sees oil range bound at $50-$55.
Petrobras CEO Forecasts $55-$65/bbl Oil And Says Brazil Could Be On The "Winner's Side" Of A Tough Market
The IEA believes the U.S. will achieve world dominance by 2025.
US Shale Predicted to Be Global Crude Production Leader as OPEC Ups Oil Cutback Rhetoric
However, geological problems and quality issues could compromise the upward trajectory.
With Predictions of $80/bbl crude by Christmas, Shale is "Off to the Races" at Just $60/bbl
But crude prices on Friday, while dropping, are still near two year highs.
More Indications of Global Glut Clearing as Venezuelan Oil Production, Quality, Continues to Deteriorate
The cuts are raising demand for previously little-used U.S.-Asia routes, say experts.
OPEC Cutback Deal May Be a Windfall for Struggling Global Shippers: Broker
The deal is related to Carnival Cruise Line's two new LNG-powered ships, set to be launched in 2020 and 2022, and homeported in North America.
Shell to Supply Bunkers to Carnival Cruise Line's LNG-Powered Newbuilds