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Shell Restricting Heating Fuel oil Sales in Germany: Report
Mar 8, 2022 ... massive distortions and shortages in energy markets", according to the report. "Shell told the buyers of heating oil and other fuels in an email seen by Bloomberg," the report said. And the ...
Bunker Market: Counterparty Risk Moves Centre Stage
Mar 8, 2022 ... a call, according to market sources. A ten-day quoting window would be the maximum available to buyers with many Europe-based bunker traders more comfortable offering far tighter terms. "[In the ...
BUNKER JOBS: Biofuel Producer Renewable Energy Group Seeks Bunker Sales Manager
Mar 8, 2022 ... The company is looking for candidates with extensive experience with sales of petroleum products and/or renewable fuels. ...
Russian Far East Bunker Market Holding Up Despite Ukraine Crisis
Mar 8, 2022 ... but remains at around 100,000 mt/month, local market sources told Ship & Bunker. Most buyers are continuing to make bunker purchases in the Russian Far East except for Japanese ships, ...
Oil Approaches $140 Per Barrel As Russia Warns Of Prices Above $300 If Bans Are Enacted
Mar 7, 2022 ... purchase on Friday by Shell drew condemnation, and TotalEnergies said its traders will no longer buy the nation's crude. Meanwhile, one of two main sources of possible respite from global oil ...
CMA CGM Steps Up Fuel Hedging as Bunker Costs Surge
Mar 7, 2022 ... well as facing rising VLSFO costs as other shipping lines do, the company is now the largest buyer of LNG as a bunker fuel and will have been exposed to last year's record surge in LNG prices. ...
ARA 30-Day Payment Terms Dropping to Seven: Sources
Mar 7, 2022 ... of trade have altered dramatically over the last week with buyers being asked to settle in cash or on seven-day terms. Some suppliers have already gone on to shorter payment terms. "That ...
Wärtsilä Halts Sales to Russia
Mar 4, 2022 ... top bunkering firms said they were stopping bunker sales at Russian ports, and some have stopped buying oil of Russian ...
Monjasa Halts All Russia-Related Business Including Russian Oil Purchases
Mar 3, 2022 ... has halted all Russia-related business in response to the war in Ukraine, including stopping buying oil originating in the country. The firm stopped all business with Russia as of February ...
Tepid Reserves Release Fails To Calm Oil Investors; Prices Soar
Mar 1, 2022 ... senator Joe Manchin pointed out the irony of White House energy policy by stating, "We're buying 650,000 barrels per day from Russia: it's ridiculous, totally ridiculous." He called on ...