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U.S. Forces to Middle East Trigger Crude Gains, Talk of $80 Prices
May 6, 2019 ... WTI's price drop "was due to fears that a trade war with China could cause a recession that sends oil prices lower; the recovery is basically saying, maybe we shouldn't have pushed it so ...
Brightoil Warns Creditors Could Call in $1.3bn of Debt After Sit Bankruptcy
May 6, 2019 ... Petroleum (Holdings) Limited has warned its creditors could call in over $1.3 billion of debt after its founder and former CEO, Dr. Sit Kwong Lam, last month was declared bankrupt. In ...
Crude Incurs Weekly Losses on Building Concern of Oversupply
May 3, 2019 ... buildups, the latter supporting the growing analytical consensus that the market is saturated with oil despite the highly publicized Iran sanctions and Venezuela's output woes. This consensus is ...
Analysts Predict Crude Prices Will Drop to $52 - Even Though Demand is at All Time High
Apr 30, 2019 ... director and energy portfolio manager with Tortoise, said in an investor podcast that "Crude oil was weak ... primarily as the bears on demand are winning compared to the bulls on ...
Time for More Bunker Markets to Follow Singapore's Lead in Tackling Bunker Malpractice
Apr 26, 2019 ... we constantly have to ask ourselves if we are doing enough to support those who are doing the right thing. But right now we have little confidence in paying extra for the bunkers will get us ...
Desulfurization Tech Still Seen as Important IMO2020 Tool
Apr 23, 2019 ... not taking it down to 0.50% sulfur, which is required for the new sulfur cap, a 0.9% sulfur fuel oil makes a good blend stock for producing IMO2020 compliant fuel," says Derek Krivak, an oil and ...
North Updates IMO2020 Switchover Guidance
Apr 18, 2019 ... 0.50% sulfur cap on marine fuel: using distillates (MGO/MDO), using blended very-low-sulfur fuel oils (VLSFO), or installing exhaust gas cleaning systems (scrubbers) and continuing to use ...
Brightoil CEO Sit Forced to Step Down After Being Declared Bankrupt
Apr 16, 2019 ... founder Dr. Sit Kwong Lam has been forced to step down from his various roles at Brightoil Petroleum (Holdings) Limited after being declared bankrupt in an April 11 ruling by the High ...
2019: The Shipping Industry's Swan Song
Apr 16, 2019 ... which of the below options is the most viable for your business. Switch to burning Marine Gasoil/Diesel (MGO/MDO) or a grade of Low Sulphur Fuel Oil (LSFO) –both options more expensive than ...
Crude Rally Stalls on Notion of Output War Despite All Signs Showing More Tightening
Apr 15, 2019 ... may decide to boost production to fight for market share with the U.S., but that this would push oil as low as $40 per barrel. He said, "What should we do with OPEC: should we lose the market, ...
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JuWonOil is hiring an LNG & marine fuels trader and a marine lubricants sales executive.

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Anglo-Eastern Launches Methanol Bunkering Simulator

Anglo-Eastern Launches Methanol Bunkering Simulator

Training seafarers to handle new fuels like methanol is becoming crucial as more dual-fuel ships enter service.

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BUNKER PRICES: G20-VLSFO Index Declines With Crude

BUNKER PRICES: G20-VLSFO Index Declines With Crude

Global VLSFO prices declined on Tuesday.

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