Americas News

Good Covid News Or Promising IEA Numbers Cause Crude Prices To Rebound

Analysts differ on why traders suddenly reversed earlier losses.

10 Jul 2020

Petrobras Reaches Record VLSFO Production Rate From Paulinia Refinery

VLSFO production from the facility jumped to a record 140,000 m3 in June.

10 Jul 2020

Inventory Drawdown Causes Crude to Rise - But Virus Concerns Limit Gains

Meanwhile, experts forecast that demand next year will only be at 2017 levels.

8 Jul 2020

Covid Infection Headlines Again Scare Traders Despite Strong Demand, Job Figures

Meanwhile, more evidence leans towards OPEC easing its oil cuts.

7 Jul 2020

Scott Petroleum Hires Commercial Manager in Jamaica

Scott Petroleum is the Jamaican representative of fuel supplier Tropic Oil Company.

7 Jul 2020

More Gains For Crude As Economic Recovery Excitement Beats Covid Fears

Meanwhile, U.S. top doctor warns that social distancing, not lockdowns, will slow the virus's spread.

3 Jul 2020

Fuel Oil Spill Reported in Panama

The spill is reported to have happened at about 2 AM local time on Tuesday.

3 Jul 2020

Several Layoffs Reported at World Fuel Services

Market chatter indicated the move came as a surprise to some in the bunker industry, after strong Q1 marine results.

1 Jul 2020

Relentless Covid Headlines Cause Oil To Dip, Traders To Worry About A Stalled Economic Recovery

The virus is said to be causing energy giants to reposition their investments.

26 Jun 2020

'Absolutely Brutal' Drop For Vancouver Bunker Demand

This year's quiet summer cruise season is having a significant effect on bunker sales at Vancouver.

26 Jun 2020

First Glimpse of Weak May Container Trade in US

The latest outlook from the National Retail Federation's Global Port Tracker expected a year-on-year decline of container imports of 14.6% for May.

26 Jun 2020

Covid, Inventory Numbers Spook Traders, Cause Crude To Drop Over 5 Percent

Still, analysts chart a definite path to economic recovery.

24 Jun 2020

Cruise Firm Carnival Extends 'Operational Pause' to September

The company's US unit originally imposed an 'operational pause' for 30 days from March 13, and has since extended it three times.

23 Jun 2020

Analytical Expectations of a Pullback Are Defied As Crude Prices Climb Again

But Deloitte warns that consolidation will be the deepest the industry has ever seen.

22 Jun 2020

Oil Prices Rise Yet Again, Defying Concerns About Coronavirus Spikes

Meanwhile, Vitol is bullish about a robust recovery.

18 Jun 2020

Panama Bunker Demand Drops to Least Since September

Total sales slipped to 393,316 mt in May, down by 5.1% from the same month a year earlier.

16 Jun 2020

Virus Fears No Match For Rising Demand As Crude Prices Escalate Again

But Goldman will still stay clear of the energy sector for the time being.

15 Jun 2020

Petrobras low Sulfur Focus Fuels Exports' Rise

Big monthly increase over a year ago.

15 Jun 2020

Increased COVID Rates Caused Mixed Crude Prices But Analysts Put Faith In Continued Demand

Barclays puts Brent at $41 per barrel for this year.

12 Jun 2020

70-Strong Queue of Bulkers Forms off Brazil on Sugar Market Turmoil

As many as 70 ships are queuing off the coast of Santos, having come to Brazil to take advantage of a strong harvest there.

9 Jun 2020