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WTI Dips Below $50/bbl, Brent Under $60/bbl
WTI Dips Below $50/bbl, Brent Under $60/bbl
Monday also saw more signs that stocks are building while demand is slowing.
17 Dec 2018
OPEC Playing Second Fiddle to Russia as Analysts Worry More About Demand than Supply
OPEC Playing Second Fiddle to Russia as Analysts Worry More About Demand than Supply
A Bloomberg analyst suggests OPEC's lack of influence will lead to trouble for the crude market in 2019.
17 Dec 2018
Oman Says IMO 2020 an Opportunity to Become Regional Bunker Hub
Oman Says IMO 2020 an Opportunity to Become Regional Bunker Hub
Inks deal with Shell to build new bunkering facility at Port of Duqm.
17 Dec 2018
Bunker Vessel Arrested in Singapore
Bunker Vessel Arrested in Singapore
Tanker connected to Malaysian interests.
17 Dec 2018
Fratelli Cosulich Reorganises US Base
Fratelli Cosulich Reorganises US Base
With eponymous office in New York.
17 Dec 2018
IMO to Develop Further Measures to Enhance Safety of Ships Using Fuel oil
IMO to Develop Further Measures to Enhance Safety of Ships Using Fuel oil
In response to safety concerns associated with era of low sulfur fuel oil.
17 Dec 2018
Japan: Bunker Fuel Role for LPG Mooted
Japan: Bunker Fuel Role for LPG Mooted
Liquified petroleum gas has infrastructure in place to supply bunkers.
17 Dec 2018
Mercuria Back in Pole Position with Improved Offer to Buy Aegean
Mercuria Back in Pole Position with Improved Offer to Buy Aegean
Oaktree / Hartree, having made a counter offer last week, are said to be "withdrawing from the contest."
17 Dec 2018
Crude Prices Resume Downward Spiral As Analysts Insist Bottom Is Near
Crude Prices Resume Downward Spiral As Analysts Insist Bottom Is Near
Meanwhile, Russia says its output will rise, not fall, next year.
14 Dec 2018
First Shore Power Facility for East Med
First Shore Power Facility for East Med
Via Elemed project at the port of Killini in Greece.
14 Dec 2018
World Fuel Services Expands Physical Supply Operations
World Fuel Services Expands Physical Supply Operations
In the Pacific Northwest.
14 Dec 2018
Scrubber Manufacturer Yara Opens New China Office
Scrubber Manufacturer Yara Opens New China Office
Move follows increasing demand for scrubbers, Asia's role in installation and retrofit work.
14 Dec 2018
Scrubber Washwater Not Harmful to the Sea, Says Singapore Shipowner
Scrubber Washwater Not Harmful to the Sea, Says Singapore Shipowner
Hammers home the point by bagging a $40 million "Green Loan" to put open-loop scrubbers on 16 vessels.
14 Dec 2018
2019 Oil Outlook: Disagreement Over Market Tightening, Consensus On US Dominance
2019 Oil Outlook: Disagreement Over Market Tightening, Consensus On US Dominance
Iran's Zanganeh, meanwhile, joins Trump on Twitter.
13 Dec 2018
Crude Gains Thursday, IEA Sees Suppliers Moving for $60 Floor
Crude Gains Thursday, IEA Sees Suppliers Moving for $60 Floor
Meanwhile trader Andy Hall bets prices will rebound.
13 Dec 2018
Oaktree, Hartree Make Bid to Buy Aegean Marine
Oaktree, Hartree Make Bid to Buy Aegean Marine
But proceedings stalled today as the pair look to replace Mercuria Energy Group as the bunker supplier's debtor-in-possession (DIP) lenders.
13 Dec 2018
Weekly Vessel Scrapping Report: 2018 Week 49
Weekly Vessel Scrapping Report: 2018 Week 49
Have you sold bunkers to a recently scrapped vessel? Check here with VesselsValue's demolition sales from December 6 – December 12, 2018.
13 Dec 2018
Malaysia Sets Sights on Being Regional LNG Bunker Hub
Malaysia Sets Sights on Being Regional LNG Bunker Hub
LNG bunkering to commence 2H 2019.
13 Dec 2018
Second 0.5% Sulfur Fuel oil Futures Contract to Launch Early Next Year
Second 0.5% Sulfur Fuel oil Futures Contract to Launch Early Next Year
From Intercontinental Exchange and settled against Platts' prices.
13 Dec 2018
IBIA's Einemo Powers up Shipping's VIP List
IBIA's Einemo Powers up Shipping's VIP List
Unni Einemo makes top ten on contribution to 2020 debate
13 Dec 2018
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