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Oilmar Makes First Carbon Credit Deal on New Offsetting Marketplace
Jul 27, 2022 ... tanker operator and oil trader Oilmar Shipping and Chartering has completed the first deal on new carbon offsetting marketplace the Marine Offset Platform (MOP). Oilmar recently ...
Oil Swings Back To Losses As Low Consumer Confidence Chills Traders
Jul 26, 2022 ... additional 20 million barrels of SPR crude oil as part of a previous plan to tap the facility to calm oil prices boosted by Russia's invasion of Ukraine – and although previous sales have done ...
Oil Up As Signs Of Tight Global Supplies Too Intense To Ignore
Jul 25, 2022 ... monitored by Bloomberg, shipments to China and India are down by somewhere between 15 percent and almost 40 percent from their post-invasion peak. Geopolitical events aside, more volatility in ...
Peninsula Adds Bunker Delivery Vessel in Gibraltar
Jul 20, 2022 ... is a physical supplier in the Strait of Gibraltar, Malaga, Barcelona, Malta, Las Palmas, Mauritius, Panama, Skaw and the Amsterdam-Rotterdam-Antwerp hub, according to its ...
EU Russian Coal Ban in August May Include Fuel Oil
Jul 15, 2022 ... products are typically listed under a different CN code, but because fuel oil's aromatic content almost always outweigh non-aromatics, it may technically be banned as well. About 500,000 mt of ...
Demand Fears In Hyperdrive, Crude Settles Below $100 For Third Straight Day
Jul 14, 2022 ... added, "Crude is in free fall as demand data is softer and macro risk factors completely overwhelm the fundamentally tight physical market. "Risks over the next few weeks look skewed to the ...
Hambantota Port Reports 'Business as Usual' Despite Sri Lanka Crisis
Jul 14, 2022 ... logistics operations and services," the port authority said in the statement. The port saw almost 1.14 million mt in handled volumes in the first half of 2022. Earlier this year local ...
Oil Steadies Despite Analysts Insisting That Demand Destruction Is Underway
Jul 13, 2022 ... an almost 8 percent drop in the previous session, oil prices on Wednesday steadied somewhat but were still heavily influenced by the one-two punch of recession fears brought about by ...
Hartree Hires US-Based Senior Fuel Oil Trader From Lukoil
Jul 13, 2022 ... fuel oil trader as of this month, according to an update to his LinkedIn profile this week. Holm was previously Americas fuel oil and VGO trading manager for Lukoil Pan Americas from July 2021 ...
China Lockdowns Stoke Recession Fears As Oil Plummets Almost 8%
Jul 12, 2022 ... restricting travel and closing businesses yet again resulted in West Texas Intermediate shedding almost 8 percent to settle under $96 per barrel for the first time since early April. Brent ...
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Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead

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President Trump signalled that US military actions against Iran may continue for the next 2-3 weeks.

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K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

K Line Secures Bio-LNG Supply for LNG-Fuelled Car Carriers

The company has already started using the fuel to power its LNG dual-fuel car carriers.

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