Americas News

OPEC & Shale Producers to Meet Amid Predictions that US Will be Top Oil Producers by 2019

Iraq claims the meeting is to determine ways "to keep the balance in the market as much as we can."

27 Feb 2018

Oil Tanker Operator and Ship's Master Guilty in US Oil Pollution Case

Discharged oily waste and failed to complete oil records book.

27 Feb 2018

Bunker Spill Off Vancouver

HMCS Calgary spills some 27mt in the Strait of Georgia.

26 Feb 2018

Platform Supply Vessels to Get Added Battery Power

Corvus Energy to supply systems to vessels operating in the Gulf of Mexico.

26 Feb 2018

Crude Prices Drop Despite Unexpected Inventory Decline - But Analysts Warn of "Ballooning" Supply

Rising production from non-OPEC sources reportedly could cover demand growth to 2020.

22 Feb 2018

Shareholders' Group Castigates Aegean Board for Lack of Dialogue

Minority shareholder group proposing slate of members to be elected to board.

20 Feb 2018

OPEC Lifts Oil Demand Forecast but Analysts Worry There's a Price Crash Coming

However, JP Morgan still believes crude could climb as high as $75 this year.

14 Feb 2018

Carnival Expands Shorepower Facility at Long Beach Cruise Terminal

To allow larger ships to access the facility.

13 Feb 2018

US Crude Prices Drop to 7-Week Low as Goldman Stresses That Fundamentals Still "Very Much Intact"

Meanwhile, Russia's Gazprom is eager for output limits to be raised.

9 Feb 2018

Vitol Says Oil Market "Solid' but Platts Suspects It's Overtightened

Platts thinks OPEC has overestimated the amount of remaining excess global stocks.

7 Feb 2018

US Crude Losses Offset by News It Will Be a Net Energy Exporter Four Years Sooner Than Expected

Meanwhile, billionaire investor Cooperman says US crude will soon hit $70 per barrel.

7 Feb 2018

Analysts Now Warn of Weakened Demand and More Corrections as Crude Slides on Stock Market Sell Off

Further concerns are expressed over an uptick in shale drilling.

5 Feb 2018

Critical Investors Less Than Impressed with Aegean Management Response

Aegean management tells Ship & Bunker it is "considering its response" to investor group.

5 Feb 2018

Crude Ends the Week Soft As Bloomberg Pushes Notion of $80 Oil Being Sustainable

The news agency also discredited every analytical argument weighed against OPEC and its cutbacks.

2 Feb 2018

Australian Bunker Suppliers, Bunker One Partner on New Cartagena Physical Supply Operation

Antonio Reinoso has been hired as Commercial Director, the company said in a note to Ship & Bunker.

2 Feb 2018

Unstoppable U.S. Shale Could Benefit Caribbean Oil Storage as Output Tops 10 Million BPD

Unfortunately, U.S.'s neighbour north of the 49th parallel is struggling to keep up with demand.

2 Feb 2018

Despite What Some See Are Signs of Massive Correction, Goldman Says Crude Will Exceed $80/bbl This Year

The bank also insists that the market is already balanced.

1 Feb 2018

Press Release: IBIA, Maritime Authority of Jamaica Conference to Showcase Caribbean Bunker Opportunities

The event is presented in partnership with Ship & Bunker.

31 Jan 2018

Panama: 2017 Annual Bunker Sales Up 15.6% to 4.6 Million MT

The performance compares with official total sales of 4.0 million mt in 2016 and 3.7 million mt in 2015.

30 Jan 2018

Rising U.S. Production Triggers Crude Price Drop and Predictions that $70 Oil Will Soon Evaporate

Many view crude's range in 2018 as between $60 and $65, with geopolitical tension being a wild card.

29 Jan 2018