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True Savings from Singapore MFM Rules Closer to US$1.7b: Tolson
Oct 20, 2020 ... the use of mass flow meters (MFMs) for bunkering in Singapore have saved likely saved marine fuel buyers some US$1.7 billion since they were introduced in 2017, significantly more than official ...
Singapore Buyers Paying More for Lower Spec Bunkers: ClearLynx
Oct 14, 2020 ... buyers are paying more for lower specification fuel in Singapore, according to the latest analysis from ClearLynx. Specifically, based on the platform's transactional volume for September ...
GP Global's Sisodia Joins Oilmar
Oct 12, 2020 ... GP Global group. The appointment follows Oilmar's  development from a Tanker Chartering house buying bunkers to having a dedicated bunker trading desk. "I am really excited and to begin a new ...
Brokerage NSI Sees Bunker Sellers Adding Contract Clauses 'By Stealth'
Oct 9, 2020 ... the seller being able to assign its rights to a third party without prior consent from the buyer, the seller taking no liability for delays, the seller being able to charge a 20% penalty fee ...
SIBCON: VPS Calls for Singapore's MPA to Ban Old ISO 8217 Standards
Oct 7, 2020 ... standards. But it might also risk shifting bunker demand away from Singapore to local rivals if buyers wanted to continue using the older standards for a small saving on their fuel price. Steve ...
Belgium: Prax Buys Zeebrugge Terminal
Oct 6, 2020 ... As precusor to forming bigger marine fuels footprint in northwest European market. ...
PwC Puts Singapore Bunker Supplier Up For Sale
Oct 6, 2020 ... firm PricewaterhouseCoopers (PwC) has published a notice in the Singapore press seeking buyers for "an independent bunker fuel and lubricant supplier in Singapore." The notice, which has ...
Evidence of Jet Fuel in Bunker Chain Limited
Oct 5, 2020 ... markets being interlinked. With jet fuel in contango (future price is higher than spot price), buying now and hanging onto the product until the demand for plane travel revives, could be an ...
Oil Prices Rise On U.S. Stimulus Hopes, But Virus Fears Dog Market
Sep 28, 2020 ... ruined by government-imposed Covid lockdowns: Devon Energy Corp. on Monday announced it will buy shale oil rival WPX Energy Inc. for $2.56 billion, in early 2021. Rick Muncrief, chief ...
More Oil Gains As Traders Resist Covid Fears, Embrace Economic Developments
Sep 24, 2020 ... earlier. Encouraging economic news continues in other countries: refiners in Japan went on a buying spree last week, boosting the prices of some crude cargoes in the Middle East; and in Brazil, ...