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Oil Down On China Woes, But Croft Worries That Iran Could Be Bigger Issue
Jan 29, 2024 ... West Texas Intermediate settled down $1.23, or 1.6 percent, at $76.78 per barrel. News of a Hong Kong court ordering the liquidation of the China Evergrande Group (considered to be the world's ...
KPI OceanConnect Assists PIL With 'Full Integration' Into SGTraDex Platform
Jan 29, 2024 ... KPI OceanConnect, and SGTraDex in driving global digitisation in maritime operations," Henrik Zederkof, head of global accounts at KPI OceanConnect, said in the statement. "As an early adopter of ...
Oil Logs Daily, Weekly Gains As Traders Embrace Earlier Bullish News
Jan 26, 2024 ... barrels carried by 14 tankers of crude from Russia have been stranded off the coast of South Korea near the port of Yosu. While the situation was attributed to U.S. sanctions against the ...
Foremost Group Orders Four Methanol-Fuelled Bulkers From China
Jan 26, 2024 ... due for delivery between 2027 and 2028. CSSC Chengxi Shipyard also received an order from Hong Kong's Comerge Shipping earlier this month to build two 85,000 DWT dual-fuelled bulkers, its first ...
Oil Traders Reverse Course As U.S. Stock Draw Rekindles Supply Concerns
Jan 24, 2024 ... decline last week, far eclipsing analytical expectations for a 2.2 million draw; and in North Dakota, officials said it could take a month for oil output to fully recover after last week's winter ...
Oil Down As Traders Seek Clarity On Market Conditions
Jan 23, 2024 ... which can pump 300,000 bpd. These disclosures were offset by at least 20 percent of North Dakota's crude output remaining shut due to cold winter weather, as well as the American Petroleum ...
Concerns Over Ukraine Drone Strike Send Oil Prices Upward
Jan 22, 2024 ... products), was augmented by worries stemming from a 20 percent reduction in oil output in North Dakota due to severe cold weather. Brent settled up $1.50 at $80.06 per barrel, up $1.50, and West ...
Oil Dips, Traders Viewed As Needing A Steady Fix Of Geopolitical Drama
Jan 19, 2024 ... into a backwardated structure earlier this week. Also, about 30 percent of oil output in North Dakota, the U.S.'s third largest producing state, remained suspended due to extreme cold weather ...
Chimbusco Pan Nation Makes Biofuel Blend Delivery in Hong Kong
Jan 19, 2024 ... fuel supplier Chimbusco Pan Nation has made a delivery of a biofuel bunker blend in Hong Kong. The firm delivered 800 mt of a B24 blend to NS United Kaiun Kaisha's ship the United ...
Oil Mixed And China Disappoints, But Birol Optimistic About 2024 Market
Jan 17, 2024 ... settled up 16 cents at $72.56. The loss of up to 700,000 barrels per day (bpd) in North Dakota was said to have pared WTI losses, while news that China's economy in Q4 2023 grew by only 5.2 ...