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Oil Gains on Solid Economic Data, but Analysts Still Predict Gloom Ahead
Jul 26, 2019 ... the charts, but business spending was nearly as bad as consumer spending was good." But that doesn't mean fundamental opinions about the crude market have been swayed to any lasting degree: ...
Crude Prices Drop as Traders Ignore Huge Inventory Draw
Jul 24, 2019 ... Stratas Advisors, agreed: "I think markets realized pretty quickly that was a transitory draw and isn't likely to be repeated." It's unclear whether analysts took any solace in reports that the ...
Second Downed Drone Boosts Crude Prices, But Analysts Disagree On Market Conditions
Jul 23, 2019 ... president at Blue Line Futures, noted that in the Middle East "tensions are ever-present but it hasn't moved the market much because everyone is waiting on U.S. supply data." He was referring to ...
INTERVIEW: Jamaica Growing as Major Bunkering Hub and Ready for IMO2020
Jul 19, 2019 ... requirement.  PSC Officers have in fact commenced an awareness campaign to increase consciousness among vessel operators who call at Jamaican and indeed Caribbean ports, by issuing vessels ...
Potential Easing of U.S./Iran Tension Causes Crude to Plummet
Jul 16, 2019 ... Trump's comments: "What were tailwinds have become headwinds." More importantly, there still doesn't seem to be any clear sign that crude could achieve a rally, let alone a sustained one: ...
IMO2020: Owners Should Prepare for the Worst, Says Singapore Law Firm
Jul 16, 2019 ... and putting the appropriate protocols in place, you'll be prepared for the worst. If the worst doesn't happen, your processes will still be better than before." Elsewhere during the event, Hessa ...
Fear and Loathing Continues to Keep Crude Prices in a "Goldilocks Moment"
Jul 9, 2019 ... to a three-year low in early July, to 10.79 million bpd, dragged down by declining output at Rosneft. Gene McGillian, vice president of market research at Tradition Energy, noted, "Tightened ...
Crude Trades Flat as Expert Challenges Perception of Economic Downturn
Jul 4, 2019 ... of America-Merrill Lynch; she told CNBC television that "I think one of the biggest risks that doesn't get talked enough about ... is that commodities have gone into a bear market, and what I mean ...
Crude Rises on Lower Rig Count, but Expert Thinks Bear Market Could Last For Years
Jul 3, 2019 ... the efficacy of the extended OPEC deal, noting, "Extending the cut by six or nine months, it doesn't really matter if the level stays the same; if you really wanted to target stock levels, you ...
Oil Prices Plummet Despite OPEC Extension, Russian Cutbacks
Jul 2, 2019 ... Sen, chief oil analyst at Energy Aspects, told media on Tuesday that "China [oil demand] hasn't collapsed at all, it's still growing slower, but it's just that lack of confidence, companies ...