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Oil Posts Weekly Gain On Saudi Output Commitment, As Analysts Debate Demand Recovery
Jan 8, 2021 ... pledge earlier in the week proved to resonate with crude traders, who cited it as the reason for oil prices on Friday rising to their highest level since late February. Brent climbed 94 cents, ...
INTERVIEW: KPI OceanConnect CEO Bullish on Acquisitions and Competition From Smaller Traders
Jan 8, 2021 ... targets as the industry consolidates. The merged firm came into being last year as KPI Bridge Oil and OceanConnect Marine joined forces. The bunker industry should expect to see more in the way ...
FEATURE: The Bunker Industry's 2020 Fell Flat For All the Wrong Reasons
Jan 7, 2021 ... being forced out of business. A pandemic, coinciding with a collapse in OPEC's control of the oil markets, was not expected. Heading into 2021, the bunker industry is left in a much more ...
Brightoil Appoints New CEO as Focus Shifts to Upstream
Jan 5, 2021 ... Hong Kong-listed oil company Brightoil has appointed a new CEO, as the company's focus shifts away from bunkering and other areas into upstream projects. The firm appointed Xie Wenyan as ...
Fratelli Cosulich Launches Greek Trading Office With Former GP Global, OCM Team
Dec 30, 2020 ... made a notable but ultimately ill-fated move from OceanConnect Marine to GP Global amid KPI Bridge Oil's acquisition of OCM and prior to GP Global's bunker business being brought to a ...
Oil Dips as Traders Anticipate More Near-Term Lockdowns
Dec 28, 2020 ... than upside." Russia is also pushing ahead with plans to use the Northern Sea Route to ship oil and products: Rosneft announced on Monday that it had bought the rights to a huge oilfield in ...
INTERVIEW: Bunker Holding Eyes Further Acquisitions as Industry Consolidation Gains Pace
Dec 28, 2020 ... most notably that growth included the acquisition of OceanConnect Marine by BH's KPI Bridge Oil unit. The move has helped Bunker Holding cement its position as the world's biggest bunker ...
Brightoil Singapore Restructuring Set for January
Dec 24, 2020 ... restructuring of Brightoil Petroleum Singapore (BOPS) is set for January 2021, the company has said in its latest update released Wednesday. Operations for the one-time Top 20 Singapore ...
New Covid Strain Rekindles Demand Fears, Cause Near-3% Drop In Oil Prices
Dec 21, 2020 ... than the original rekindled worries about a slower recovery in fuel demand and caused oil to drop nearly 3 percent on Monday. After it was announced that Britain's parliament was ...
GRAPH: 2020's Average Bunker Price 8% Lower Than 2019
Dec 18, 2020 ... Looking at the daily price trend in relation to Brent, it is clear the dramatically lower low oil price during most of 2020 has been the key to lower bunker costs. While IFO 380 in 2019 was ...
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Suspected Pirates Board Tanker Off Somalia

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Maersk 2025 Bunker Demand Heads for 3.4% Drop

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