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Three-Day Rise In Oil Prices Proves No Escape For Range-Bound Status
Feb 7, 2024 ... the third time in as many days, oil prices on Wednesday increased modestly due to geopolitical tensions and stock draws – but the commodity remained stubbornly range bound. Brent settled ...
Geopolitical Tensions No Match For Oversupply Despite Modest Oil Price Uptick
Feb 5, 2024 ... on Monday achieved modest gains due to familiar geopolitical worries – but one analyst noted that a "profound" influence on market equilibrium almost guarantees that bearish sentiment will ...
"Rumour And Speculation" Cause Big Weekly Loss For Oil
Feb 2, 2024 ... prices on Friday took a dive, reflective of ongoing economic growth challenges in China as well as a waning of concerns about the Israel/Hamas conflict. With trading now firmly informed by ...
Bullish Growth Prospects Trump Demand Doubts, But Oil Still Requires Fundamental Drivers
Jan 30, 2024 ... is a tiered approach here, not just a single action, but essentially multiple actions." Other oil news on Tuesday had the potential for influencing crude trading in the days to come: it ...
Saudi Arab Light Price Cuts Cause 3%-Plus Loss For Brent, WTI
Jan 8, 2024 ... but John Evans, analyst at PVM, suggested several reasons may have been at play. He said, “Oil watchers are rightly questioning that the kingdom’s cut is not only aimed at quelling ...
More Tepid Oil Trading As Geopolitical Tensions, Inventory Builds Fail To Impress
Jan 5, 2024 ... trading patterns  were an almost exact reverse of Thursday's in which Middle East concerns were eclipsed by alarm that U.S. gasoline stocks swelled the most in over 30 years: Middle East ...
Ship Detained in Singapore
Jan 3, 2024 ... ship is controlled by Chinese shipping interests and is registered as a chemical and oil products tanker, according to shipping database equasis. The reasons behind the action taken ...
EU-ETS Rules for Shipping Come Into Effect Today
Jan 1, 2024 ... EUR77.60/mtCO2e ($85.67/mtCO2e). With 3.114 mt of CO2 emissions produced per mt of heavy fuel oil consumed, this would give an EUA cost of about $106.71/mt for an intra-EU voyage in 2024, ...
More Losses For Oil On Red Sea Worries Easing And U.S. Inventory Draw
Dec 29, 2023 ... shipping attacks would be curtailed if not stopped outright caused another substantial drop in oil prices on Thursday, even though the efficacy of a U.S.-led military operation has not yet been ...
Baseblue Delivers Biofuel Bunker Stem at Ijmuiden
Dec 19, 2023 ... told Ship & Bunker on Tuesday. The blend consisted of 30% HVO blended with 10 PPM sulfur gasoil, the company said in an emailed statement. In time Rederij Clipper Stad Amsterdam plans to ...
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Svitzer to Collaborate with Indian Shipyard to Construct Electric Tugboats

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Cyprus Shipping Says IMO Net-Zero Framework Adoption Delay Provides Valuable Time

Cyprus Shipping Says IMO Net-Zero Framework Adoption Delay Provides Valuable Time

The group says the one-year pause gives space to build 'consensus' on shipping's decarbonisation path.

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AYK Energy Installs New Batteries on Svitzer Hybrid Tugs in Australia

AYK Energy Installs New Batteries on Svitzer Hybrid Tugs in Australia

AYK Energy says demand for its battery system has increased from segments including tugs, fishing vessels and even container ships.

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