Americas News

Crude Plummets Again as OPEC Drops Oil Demand Forecast

However, the cartel says demand will skyrocket by 2040.

13 Nov 2018

Crude Falls into Bear Market as Analysts Now Forecast $40/bbl Oil

The Iran sanctions apparently aren't as threatening in the face of massive global production.

8 Nov 2018

IMO2020: Matson Fitting Scrubbers to at Least 3 More Vessels

We're going to continue to take a hard look at the remaining six vessels, says CEO Cox.

8 Nov 2018

Petrojam Disputes Aegean Debt

The supplier has paid for all deliveries up to November 4, state-owned oil refiner says.

8 Nov 2018

LNG Bunker Prices Jump 170% in Vancouver

After pipeline outage.

7 Nov 2018

Monjasa Bunker Volumes Up 60% Across Americas

Supplier and trader now has a "prominent position as physical supplier in the Panama Canal."

5 Nov 2018

Panama Q3 Bunker Sales Edge Down on Declining HFO Volumes

HFO sales drop 15% in September.

31 Oct 2018

Trump View on IMO 2020 not Shared by Big Oil

Administration may be persuaded to support measure.

31 Oct 2018

IMO2020: Trump Raises Easier Start for Fuel Rule

Email exchange with WSJ suggests higher fuel prices behind comments.

22 Oct 2018

ICAP, Trafigura Offer Differing Views on Crude's Immediate Future

Meanwhile, Iran again dismisses the prospect of its exports being reduced to zero.

17 Oct 2018

Canada's Northwest to get Double-hull Fuel Barges

Which are the safer option on fuel spills, says Federal government.

17 Oct 2018

Panama Canal Gets Bunker Saving Hull Cleaning Service

Vessels can use their waiting time to remove marine fouling and enjoy the benefits of improved vessel performance and fuel savings, says HullWiper.

16 Oct 2018

IMO2020 to Restore Premium on Quality Refined Products, says US Refiner

As demand for high sulfur products falls away over the short to medium term.

16 Oct 2018

Triple-Digit Oil Price Forecasters Silent As Crude Plummets Again, By 3 Percent

However, Bank of America Merrill Lynch still sees Brent climbing to the $90s.

11 Oct 2018

Oil Prices Dragged Down by Wall Street, Demand Concerns

Hurricane Michael could cause a 1 million bpd drop in demand, say experts.

10 Oct 2018

US Supplier Launches New Bunkering Vessel

Has capacity for 500 metric tonnes of MGO.

2 Oct 2018

Brent, WTI Make Gains but Canadian Oil Selling at Huge Discounts

Canadian prices have become the lowest in the world, according to OilPrice.com

27 Sep 2018

New Ultra-low Sulfur Fuel Unit Starts up at Exxon's Beaumont

Forms part of expansion plans at US Gulf refinery.

27 Sep 2018

BP Joins Analysts Worrying About Iran Impact, but Goldman Dismisses Talk of $100/bbl Oil

The bank maintains that OPEC and its allies are capable of offsetting Iranian shortfalls.

26 Sep 2018

Georgia Kounalakis Joins Bunker One as Supplier Takes Aim at Offshore Gulf Physical Supply Market

Kounalakis to head new unit Bunker One (Gulf of Mexico), joined by the also newly employed Theodoris Motsenigos.

24 Sep 2018