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Crude Prices Skyrocket as Possibly "One of the Worst" OPEC Meetings Draws Closer
Jun 7, 2018 ... matters to us is that there is a balance between supply and demand to ensure the stability of the oil markets." This was widely perceived to imply that OPEC would not roll back its production ...
LNG Bunker Fuel a Matter of Time Says Greek shipowner
Jun 5, 2018 ... cleanest hybrid carbons." While LNG is considered as a viable alternative to conventional fuel oil, the number of LNG bunker barges is small as is the number of ships using LNG as their primary ...
Crude Breaks Below Key Support Levels, While Bearish Positions Reach 6-Month Highs
Jun 4, 2018 ... was said to have been heavily influenced by Baker Hughes data showing that U.S. drillers added two oil rigs in the week to June 1, bringing the total to 861 (the most since March 2015), as well as ...
Crude Down for a Second Week, but Analyst Sees Support for $70/bbl
Jun 1, 2018 ... Russia, Baker Hughes disclosed in a report released Friday that U.S. energy companies added two oil rigs in the week to June 1, bringing the total count to 861, the highest level since March ...
The Dirty Secret of Bunker Contamination
Jun 1, 2018 ... has a way of moving itself around the world either as a cargo on its own or blended into fuel oil; both have been and sold on ISO specifications with scant regard to being basically basic "fit ...
Crude Flat Despite Record U.S. Output and Iranian Threat to Exit Oil Deal
May 31, 2018 ... to discuss support for the reinstatement of sanctions by the U.S. Specifically, Bijan Zanganeh, oil minister for the Islamic republic, complained that "If these sanctions lead to lowering the ...
Record Highs and Lows for U.S. Oil Production, OPEC Output
May 31, 2018 ... to hit new output lows; reports once more of U.S. crude output hitting new record highs; and oil prices slightly down but certainly far from unacceptable. A Reuters survey released on ...
Brightoil Petroleum Singapore Appoints New Acting CEO
May 31, 2018 ... Petroleum (S'pore) Pte Ltd (Brightoil) has appointed Mr. Stephen Qi Jun as its new Acting CEO. The appointment is effective May 25th, 2018 and follows the retirement earlier this month ...
Moller Given Jail Sentence For Role in OW Bankruptcy
May 30, 2018 ... Moller, who ran OW Bunker's Singapore subsidiary Dynamic Oil Trading at the time of the parent company's collapse, has been sent to jail for 18 months. The former bunker manager was found ...
Crude at $80/bbl Probable, But $55-60/bbl is the Sweet Spot: Analysts
May 29, 2018 ... talk persists in crude analytical circles of oil soon hitting $100 per barrel due to various geopolitical factors - first and foremost being collapsing production in Venezuela - two ...