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NewOcean Energy Posts Profit Warning on Bunker Margin Slump
Mar 31, 2021 ... contracting of sales volume in different business units," NewOcean said. "In certain cases, the buyers used various pretext (and in a particular case, also as a result of wrongful interference) to ...
Suez Blockage Puts Djibouti in Spotlight as Bunkering Destination
Mar 30, 2021 ... Bunker on Tuesday. "Whilst this was a temporary increase, we hope that this could encourage buyers to consider Djibouti as a great alternative to other Suez ports from operational as well as ...
Bunker Holding Parent USTC Acquires Digital Brokerage BunkerEx
Mar 29, 2021 ... including an automated pricing tool integrated with the WhatsApp app, and the ability for buyers to track physical and forward bunker prices with the option to fix stems as far as six months ...
Another Big Drop For Oil On Covid Fears And Sales Challenges To Asia
Mar 25, 2021 ... were also pressured by producers facing difficulties selling to Asia, especially China, as Asian buyers opted instead for cheaper oil from storage; Chinese independent refiners have slowed imports ...
Ex-Glencore Trader Pleads Guilty to Los Angeles Fuel Oil Price Manipulation
Mar 25, 2021 ... a Californian court. The charge against the accused, Emilio Heredia, alleges that he directed buy and sell orders via the price assessment service managed by S&P Global Platts in an attempt ...
Bunker Holding Parent USTC Buys Wood Pellet Trading Firm
Mar 25, 2021 ... USTC has acquired 60% of CM Biomass. ...
Pre-Test Supply Barge's Bunkers to Avoid Quality Issues: Eurocheck
Mar 24, 2021 ... Marine has introduced a new bunker pre-sampling and testing service in the ARA region to help buyers avoid quality issues. By sampling and testing bunker fuel from the supply barge prior to ...
Oil Ticks Up Amid Covid Concerns, But Saudis Predict Strong 2021 Second Half
Mar 22, 2021 ... recently became directionless: "With production rising, consumption seen weaker, and no new fund buying to steady the market, oil prices were primed for a correction – which arrived with a 7 ...
Ample Supply Drags Singapore VLSFO Premiums to Record Lows
Mar 22, 2021 ... the oil majors have combined with increased import volumes arriving from the west and sluggish buying interest to bring downward pressure on prices and bunker premiums. "If you are a first ...
Jurong Port Completes Acquisition of Hin Leong Universal Terminal Stake
Mar 22, 2021 ... year it was reported that Chinese state energy company Sinopec had showed interest in buying the ...