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Oil Dips as Economist Wonders if Traders Can Suppress Economic 'Angst'
May 19, 2023 ... were paused in Washington; a White House official said a deal was still possible, but if one isn't reached the government may be unable to pay its bills by June 1. Traders were also rattled ...
Oil Maintains Downward Trajectory As Good News Means Bad News
May 18, 2023 ... bpd in July (an almost 20 percent rise from June), and South Korea and Taiwan refiners reportedly snapped up millions of barrels of U.S. crude. Rebecca Babin, a senior energy trader at CIBC ...
ICS 'Weather' Report Sounds Alarm on Alt Fuels Lack of Regulatory Clarity
May 17, 2023 ... nervousness surrounding new bunker fuels would be addressed by a clearer regulatory path, a new report from International Chamber of Shipping has found. The uncertainty over the ...
Oil Ekes Out Minimal Gains Amid Gloomy Market News
May 9, 2023 ... assertion that high exports by sea were offset by an unreported drop in piped flows to Europe doesn’t appear to stand up to ...
Analysts See Oil's Recent Sell-off as 'Overdone'
May 8, 2023 ... February and March were revised much lower, the labour market was slowing only marginally. Sean Snaith, director of the University of Central Florida's Institute for Economic Forecasting, said, ...
'Fickle' Oil Traders Cause Third Straight Week Of Losses
May 5, 2023 ... caused traders to boost prices of two key benchmarks on Friday by over 3 percent – but it wasn't enough to prevent a substantial weekly loss. Brent settled up $2.80, or 3.9 percent higher, ...
Oil Ends Mixed, But Analysts Worried By Huge Early WTI Trading Drop
May 4, 2023 ... is not how low oil prices will fall, but how long." As for how the week might close, Richard Snow, analyst at DailyFX, wrote, "The week of volatility is not done yet, tomorrow is NFP where ...
Last Minute Bullishness Lifts Oil Prices, But Another Weekly Loss Is Incurred
Apr 28, 2023 ... rate hikes potentially curtailing fuel demand growth. Still, oil's last-minute rally on Friday wasn't enough to prevent two key benchmarks from posting declines for a second week in a row (with ...
VIEWPOINT: CII is Here – But Misperceptions Persist
Apr 26, 2023 ... AI models are far more accurate than traditional physics-based models — no sensors required. Isn't AI overhyped? Yes and no. Plenty of so-called AI tools are overhyped. Some are based on bad ...
2050 Net Zero Target for Shipping May Be More Achievable Than 50% GHG Cut
Apr 21, 2023 ... said. "If I'm on the supply side and I've got to invest a lot of money, because this 50% isn't going to take my fuel, I'm not going to invest in it. "If I know by 2050 there can be no ...
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China Announces New Fees on Port Calls by US Ships

China Announces New Fees on Port Calls by US Ships

The fees will start to be imposed on vessels owned, operated, flagged or built in the US from October 14, and be ramped up in the coming years.

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Eni Advances Plan for New Biofuel Refinery with Marine Supply Potential

Eni Advances Plan for New Biofuel Refinery with Marine Supply Potential

The new facility will boost Eni's biofuels output, with potential supply for shipping.

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