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Virus Headlines Scare Traders, Cause More Losses For Crude
Jul 17, 2020 ... prices on Friday fell slightly as rising coronavirus rates in several countries are said to be having a negative impact on fuel purchases; however, there seem to be a limited number of examples ...
Oil Down As OPEC Decides To Boost Production On Strength Of Demand Recovery
Jul 16, 2020 ... followed by ongoing concerns of rising coronavirus rates were said to be the key factors in oil prices falling minimally on Thursday. After the Organization of the Petroleum Exporting ...
"Elevated" Water Levels in Hong Kong Bunkers
Jul 15, 2020 ... water levels have been found in very low sulfur fuel oil (VLSFO) bunkers in Hong Kong, recent fuel testing data shows. "The water can also be seen to be of salt water origin due to a ...
Oil Up Marginally on OPEC News But Still Weighed Down By Covid
Jul 14, 2020 ... general of the Organization of the Petroleum Exporting Countries (OPEC) stating that the global oil market is moving closer to balance as demand slowly rises. He made these remarks in advance ...
Singapore Delivered VLSFO Margins Near Record Lows
Jul 14, 2020 ... crisis catching up with the world's largest bunkering hub as volumes there decline and fuel oil stocks rise. The premium for delivered very low sulfur fuel oil (VLSFO) in Singapore over ...
The Virus Blues Cause More Crude Losses As Skittish Traders Worry About A Stall In Economic Recovery
Jul 9, 2020 ... stalling fuel demand recovery, and based on that premise law firm Haynes and Boone predicted that oil and gas bankruptcies in North America are likely to continue this year; to date in 2020, 23 oil ...
FEATURE: Job Market For Bunker Traders Remains Buoyant For Now
Jul 9, 2020 ... has already been some movement in bunker industry jobs this year. In February KPI Bridge Oil announced it would be merging with OceanConnect Marine. GP Global later said it had taken on ...
Covid Infection Headlines Again Scare Traders Despite Strong Demand, Job Figures
Jul 7, 2020 ... barrel. Earlier in the session, the U.S. Energy Information Administration forecast that global oil demand would recover through the end of 2021 to the tune of 101.1 million barrels per day (bpd) ...
Philippines: Residents Vacate Homes to Avoid Fumes From Bunker Spill
Jul 7, 2020 ... caused local residents to leave their homes. Local media reports place the spill at Iloilo City on the southern island of Panay. An explosion in one of the four tanks of AC Energy's ...
Oil Steady as Covid Spectre Tests Resiliency of Traders
Jul 6, 2020 ... by more positive data as the economy recovers from the government-mandated lockdowns resulted in oil prices on Monday ending largely steady. Brent  settled at $43.10 per barrel, up 30 cents, ...
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