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Oil Dips As "Open Interest" In The Commodity Declines, Say Analysts
Mar 22, 2022 ... so far this month (mostly the Johan Sverdrup grade), has been shipped to three normally regular buyers of Russian oil: Poland, Lithuania, and Finland. All of this is of course playing out ...
Navigator Gas Joins Hafnia Bunker Alliance
Mar 21, 2022 ... believe the consolidation that currently goes on in the bunker space is an advantage for both the buying and the selling side. "As an industry this needs to happen for a variety of ...
Oil Posts Second Straight Weekly Loss As Mixed Messages Emerge From Russia/Ukraine Talks
Mar 18, 2022 ... causing confusion and substantial volatility, along with Russian crude treated cautiously by buyers fearful about damage to their reputations. Brent on Friday settled up $1.29, or 1.2 ...
MOL to Offset Carbon Emissions form Battery-Powered Tanker
Mar 18, 2022 ... to use carbon offsets to cover the emissions from its new battery-powered tanker. The firm will buy carbon offsets issued by the Japan Blue Economy Association, it said in a statement on its ...
FEATURE: Bunker Supply Chain Prepares for Life Without Russian Oil
Mar 16, 2022 ... a requirement imposed on shipping companies by some P&I clubs. A large global bunker buyer has also said it is in the process of developing a plan for how to stop buying Russian-origin ...
Russian Crude Shipments Point East: Report
Mar 14, 2022 ... crude oil heading east by maritime news provider Tradewinds and an Indian Oil Corp tender to buy 3 million mt of Urals crude oil reported by Reuters suggest eastern destinations are opening up ...
Bunker Market Volatility Deterring Buyers
Mar 14, 2022 ... buyers and suppliers have turned cautious responding to market turbulence and end-buyers are likely to defer bunker fuel requirements, according to commodity price reporting agency SP Global ...
FEATURE: Can LNG replace Russian gas in Europe?
Mar 11, 2022 ... firm LNG delivery which would guarantee volumes. But this may come at a premium price and limit buyer flexibility as and when European gas demand falls. All this is without considering the big ...
Maersk Secures 730,000 MT/Year of Green Methanol Supply by End-2025
Mar 10, 2022 ... firm has entered into strategic partnerships with six methanol producers with the intent of buying at least 730,000 mt/year from them by the end of 2025, it said in a statement on its website ...
Shell to Halt Russian Oil and Gas Deals
Mar 8, 2022 ... company plans the following actions, according to the statement: Immediately stop buying Russian crude oil on the spot market and we will not renew term contracts At the same ...
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