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Oil Slips Again On OPEC Delay As U.S. Crude Inventories Rise
Dec 2, 2020 ... including the resumption of supplies from Iran and Venezuela. He said on Wednesday, “As a buyer I would like to have more buying places; I should have more destinations to go for purchasing ...
Little Progress on GP Global Asset Sale Talks
Nov 27, 2020 ... and investment companies Brookfield and Prostar Capital are likely to have expressed interest in buying some of GP Global's assets, Argus said. GP Global's bunker business remains at a standstill ...
Singapore Bunker Claim Case Challenges Risk Exposure of Traders, Physicals in Supply Chain
Nov 20, 2020 ... claim being discussed in a pre-trial conference at the Singapore High Court on Tuesday. The buyer, DS Norden, is understood to be pursuing a claim against the trader with which it did business ...
FEATURE: Could a Clearing House for Bunker Trades Solve the Industry's Credit Problems?
Nov 19, 2020 ... solution to the mounting credit and legal risks faced by both buyers and sellers in the bunker market could be to set up a clearing house for marine fuel trades, according to brokerage NSI. A ...
Oil Up On Improved Vaccine Performance, OPEC Maintaining Cutbacks
Nov 18, 2020 ... middle of April, when Saudi Arabia and Russia agreed to end their volume war, causing funds to buy 122 million barrels," and he added that Pfizer "increased the probability of a business cycle ...
Second Covid Vaccine Plus China, India Data Boost Oil Prices
Nov 16, 2020 ... Energy, explained Monday's trading patterns by noting that, "There was a little bit of excess buying pressure, which pushed us ahead of where the fundamentals supported us, so we only partially ...
BIMCO: Warns on Changes to Sulfur Testing Regs
Nov 16, 2020 ... (PSC) and other authorities can check for sulfur regs compliance could result in confusion for buyers, suppliers, and other stakeholders in the marine fuel supply chain, BIMCO's Christian ...
Commodity Trader Vitol to Buy Recycled Tyre Bunker Fuel
Nov 13, 2020 ... commodity trader Vitol will soon be buying bunker fuel made from recycled tyres from a producer in the UK. The company has signed a ten-year deal with Norway's Wastefront AS to buy liquid ...
Singapore Bunker Sales Continue Surge Beyond 2019's Levels
Nov 13, 2020 ... bunker prices since March and uncertainty over VLSFO quality at the start of 2020 have driven buyers from smaller ports to larger, more stable bunkering locations like Singapore. Rotterdam has ...
Vaccine Breakthrough Continues To Support Oil, But Short-Term Pain Still Possible, Say Analysts
Nov 11, 2020 ... are saying, 'Look demand is going to return, you have a vaccine out there, so let's buy the spreads.'" As usual, though, opinion about where the crude market is headed was mixed on ...
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Gulf Marine Expands Marine Lubricants Supply in China's Fujian Province

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The company has added supply locations in Putian, Ningde and Fuqing.

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ADNOC CEO Calls for Unconditional Reopening of Strait of Hormuz

ADNOC CEO Calls for Unconditional Reopening of Strait of Hormuz

ADNOC CEO Sultan Al Jaber says Iran is effectively making passage through the Strait of Hormuz conditional.

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Malaysian Bunker Firm PSP Energy Joins Shell Carbon Offset Programme

Malaysian Bunker Firm PSP Energy Joins Shell Carbon Offset Programme

PSP Energy offers physical bunker supply across ports in Malaysia.

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