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Crude Prices Nosedive As Extent Of Lockdown Induced Economic Damage In China Is Revealed
Sep 7, 2022 ... period in 2019. But despite the economic chaos incurred by Chinese cities from Chengdu to Shenzhen extending lockdowns or restricting movement, U.S. demand remains strong, and this encouraged ...
Finland's Langh Ship Orders Scrubber-Equipped Feeder Vessels
Sep 6, 2022 ... with scrubbers. The firm has ordered the three 1,200 TEU vessels from the Paxocean shipyard in Zhoushan for delivery from August 2024, it said in a statement on its website on Tuesday. The ...
China's VLSFO output to Reach 15m mt a Year: Report
Sep 1, 2022 ... supplying very low sulfur fuel oil. Speaking at a live-streamed seminar in eastern China, Qin Zhigang, a vice president of China Marine Bunker (PetroChina) Co Ltd (Chimbusco), said that China ...
Oil Ends August With Largest Monthly Decline Since November
Aug 31, 2022 ... market heading into September was fraught with mixed messages and seemingly contradictory data: Zhou Mi, an analyst at Chaos Research Institute in Shanghai, said the overall sentiment is driven ...
Oil Plummets As Iraq Asserts That Exports Will Continue Despite Political Unrest
Aug 30, 2022 ... Russia's fastest-growing oil producer, announced that it plans to double oil production at its Zhagrin field in Western Siberia to more than 110,000 bpd, and Venezuela's oil minister said it was ...
Oil Traders Provoked By Bold Saudi Warning Of Possible OPEC Cutbacks
Aug 22, 2022 ... Meanwhile, Vanda Insights says the crude market is getting softer. ...
New Furetank Joint Venture Orders Four LNG-Fuelled Product Tankers
Aug 16, 2022 ... have a battery power system. The ships will be built at China Merchants Jinling Shipyard in Yangzhou for delivery between 2023 and 2025. "We are pleased to welcome aboard Algoma and combine our ...
IEA Boosts 2022 Consumption Estimates, Oil Prices Rise Accordingly
Aug 11, 2022 ... such as the drop in U.S. prices at the pump and Transneft resuming flows on Russia's Druzhba pipeline caused Helge Andre Martinsen, a senior oil analyst at DNB Bank, to note that "It ...
Oil Back Up As Supply Fears Ease, But Market Not Too Bullish Says Analyst
Aug 10, 2022 ... scale also eased somewhat on Wednesday with the news that Transneft resumed flows on Russia's Druzhba pipeline; this, combined with the EIA's disclosure that crude inventories rose by over 5 ...
Oil Prices Down Again As Traders Fret Over U.S. Stockpile Build
Aug 9, 2022 ... Tuesday’s trading was news that some oil exports had been suspended on the Russia-to-Europe Druzhba pipeline that transits Ukraine: initially prices rose on expectations that the shutdown would ...