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Short Deliveries in Rotterdam, Fujairah Cost Bunker Buyers $250m in 2021: Report
Apr 7, 2022 ... deliveries in the key bunker hubs of Rotterdam and Fujairah cost bunker buyers a combined $250 million last year, according to analysis by BLUE Insight. The total comprised an estimated ...
Oil Dips Despite New Russia Sanctions As Shock of Ukraine Invasion Eases
Apr 5, 2022 ... seems Saudi Arabia's decision to hike its oil prices to record levels may have backfired: Asian buyers reportedly will likely purchase more U.S. and Middle Eastern crude on the spot market and ...
Maersk Tankers Shifts Bunker Team to Mumbai
Apr 5, 2022 ... management of bunker claims on behalf of the pool partners of Maersk Tankers. A separate team buys the firm's bunkers, which since April 2021 has been done in partnership with commodity firm ...
Russia Crisis Sees Singapore Rival Rotterdam's Cheapest Bunker Hub Status
Apr 4, 2022 ... fuel is no longer flowing into Europe in the same way -- not to mention that people don't want to buy it -- so there is a shift going on. "Singapore is suddenly highly competitive, becoming ...
Oil Incurs Massive Weekly Loss As Biden Drawdown Increasingly Viewed As Futile
Apr 1, 2022 ... that 3 million barrels per day [bpd] of Russian oil will be shut in as sanctions bite and buyers spurn purchases." JP Morgan agreed, and on Friday stated in a note, "Crucially, we ...
Price Reporting Agency Argus Launches 'Non-Russian Diesel' Assessment
Mar 29, 2022 ... paying a higher price. "Although fuel supplied from Russia is not currently sanctioned, many buyers have been reluctant to purchase Russian diesel since Moscow sent its troops into Ukraine on ...
Maersk Halted Russian-Origin Bunker Purchases in February
Mar 29, 2022 ... shipping giant AP Moller-Maersk, one of the world's largest buyers of bunker fuel. stopped all purchases of Russian-origin oil at the end of February in response to the invasion of ...
Oil Nosedives Over Covid Demand Fears As China Locks Down Shanghai
Mar 28, 2022 ... Meanwhile, Russia exports plummet by over 26 percent. ...
Roller Coaster Oil Trading Ends In Tumble Over Uncertainty About Further Russia Sanctions
Mar 24, 2022 ... Meanwhile, Canada vows to help Europe decrease dependency on Russian oil. ...
TotalEnergies to Halt Russian Oil Purchases; Gas Purchases Continue
Mar 23, 2022 ... to halting its purchases of Russian oil by the end of the year, but said it will continue to buy Russian gas. The firm will stop all purchases of Russian crude and refined products by the end ...