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US Crude Ends 2017 Above $60, But This Sets Stage For Shale/OPEC Clash, Say Analysts
US Crude Ends 2017 Above $60, But This Sets Stage For Shale/OPEC Clash, Say Analysts
But Federal Reserve Bank insists oil must exceed $60 for a boost in U.S. drilling.
29 Dec 2017
Despite Latest Signs of Geopolitical Risk, Analysts Believe Oil Supply Discipline Will Support Crude Prices in 2018
Despite Latest Signs of Geopolitical Risk, Analysts Believe Oil Supply Discipline Will Support Crude Prices in 2018
Meanwhile, Venezuela ready to launch cryptocurrency as a solution to its all but collapsed economy.
28 Dec 2017
Aegean: No Director Nominations Received from Shareholder Group
Aegean: No Director Nominations Received from Shareholder Group
Aegean "evaluating shareholders' letter".
28 Dec 2017
Analysts Offer Conflicting Views of Demand But Are United in Grim Outlook for Crude Market
Analysts Offer Conflicting Views of Demand But Are United in Grim Outlook for Crude Market
Several experts think U.S. shale isn't enough to satisfy demand.
27 Dec 2017
January Oil Markets Will Herald a Tumultuous 2018 of Weakened Demand and Oversupply: Kilduff
January Oil Markets Will Herald a Tumultuous 2018 of Weakened Demand and Oversupply: Kilduff
Meanwhile, Barclays believes the New Year could see a "sharp correction" if fundamentals disappoint.
27 Dec 2017
Brent Hits Two-Year High On Strength of Unexpectedly High Drawdowns and Forties Closure
Brent Hits Two-Year High On Strength of Unexpectedly High Drawdowns and Forties Closure
Meanwhile, Trump's tax bill adds fuel to the bullish fire and will benefit refiners, says Raymond James.
21 Dec 2017
Crude Gains Accompany More Support for OPEC and Predictions It Will Exit Early From Cutback Deal
Crude Gains Accompany More Support for OPEC and Predictions It Will Exit Early From Cutback Deal
Analysts believe the market rebalancing will be complete by mid next year.
20 Dec 2017
American Bureau of Shipping to Class LNG Bunker Barge
American Bureau of Shipping to Class LNG Bunker Barge
To be on charter to Shell from Q-LNG
20 Dec 2017
Panama Bunker Sales Continue to Rise
Panama Bunker Sales Continue to Rise
Bunker sales in October were up 14.6% over last year.
19 Dec 2017
Banks Disagree About Crude's Future as Oil Trades Flat on Monday
Banks Disagree About Crude's Future as Oil Trades Flat on Monday
Once again, the U.S. is viewed nervously as a harbinger for negative change.
18 Dec 2017
New Year Will See Rising Geopolitical Tension and U.S. as Solitary Crude Victor: Croft
New Year Will See Rising Geopolitical Tension and U.S. as Solitary Crude Victor: Croft
The RBC analyst adds that Venezuela could prove to be a particular headache for the market.
18 Dec 2017
Crude Trades Flat as Analysts Offer Opposing Outlooks for 2018
Crude Trades Flat as Analysts Offer Opposing Outlooks for 2018
Some analysts doubt that U.S. shale will ruin OPEC's goal of achieving market rebalance next year.
15 Dec 2017
Recent Verdict on Bunker Spill Case Brings Clarity to Third-Party Fault and Limitation of Liability Defenses
Recent Verdict on Bunker Spill Case Brings Clarity to Third-Party Fault and Limitation of Liability Defenses
The case of US v. American Commercial Lines, LLC, is the latest chapter in the litigation stemming from the collision between a barge and a tanker on July 28, 2008.
15 Dec 2017
New Player Enters Florida Bunker Supply Market
New Player Enters Florida Bunker Supply Market
"We are not simply just delivering bunkers to the market. We want to re-shape the way vessels receive dockside bunkers," says Tethys' CEO Robert Finnegan.
15 Dec 2017
Mixed Messages on Oil Glut Fails to Dampen Thursday Trading or Bullish Big Oil Outlook
Mixed Messages on Oil Glut Fails to Dampen Thursday Trading or Bullish Big Oil Outlook
The IEA believes total supply growth could exceed demand next year.
14 Dec 2017
US Shale Threatens 2018 Rebalance - But OPEC Maintains Bullish Stance
US Shale Threatens 2018 Rebalance - But OPEC Maintains Bullish Stance
The cartel is still betting that global demand will outstrip supply.
14 Dec 2017
Port of Vancouver Sees "Significant" Emissions Reduction Since 2010
Port of Vancouver Sees "Significant" Emissions Reduction Since 2010
The port authority says the emission reductions are result of stronger regulation and investment in technology.
13 Dec 2017
New Jersey Passenger Ferries to Receive Support for Emission-Reducing Refits
New Jersey Passenger Ferries to Receive Support for Emission-Reducing Refits
The Marine Repower Program is said to build on past Department of Environmental Protection successes in reducing emissions from such vessels.
13 Dec 2017
Experts Praise OPEC for Heralding a Better Market in 2018 But Forecast Modest Crude Prices
Experts Praise OPEC for Heralding a Better Market in 2018 But Forecast Modest Crude Prices
However, one CEO thinks prices will leap to $70 based on the strength of U.S. aggregates.
12 Dec 2017
Oil Prices Seen Lower in 2018 After OPEC's "Christmas gift" to U.S. Shale
Oil Prices Seen Lower in 2018 After OPEC's "Christmas gift" to U.S. Shale
Forecasts of crude in the low $50s suggest a continuation of range bound prices that dominated 2017.
8 Dec 2017
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