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IMO2020: Petrobras Produces First Batch of VLSFO
Apr 25, 2019 ... sulfur cap, that includes Red Sea Bunkering (RSB) saying VLSFO bunkers will be available in Djibouti, BP saying its recently announced IMO2020 compliant VLSFO products will be available in ...
Analysts Insist That Crude Market is Healthy Despite Iran Jitters Causing More Price Hikes
Apr 23, 2019 ... cents to close at $66.30, its highest close since late October. Even analysts long used to the jittery nature of crude traders were somewhat surprised by Tuesday's market performance, and when ...
New Hire at Island Oil
Apr 23, 2019 ... are as follows: Manos Katsipis Senior Cargo Trader Island Oil Limited 145-149 Chr. Hadjipavlou Str., Christiel Building, 3036 Limassol - Cyprus Office: +357 25889000 Office Direct ...
Crude Traders Refocus on Global Tightening as OPEC Criticized for Being Overly Effective
Apr 16, 2019 ... market mood turns more bullish by the day and this should support prices over the coming weeks." Jim Ritterbusch, president of Ritterbusch and Associates, expressed the same sentiment in a note: ...
Crude Rally Stalls on Notion of Output War Despite All Signs Showing More Tightening
Apr 15, 2019 ... if only to keep prices high enough to significantly help that kingdom's troubled economy. Still, Jim Ritterbusch, president of Ritterbusch and Associates, suggested in a note that Monday's losses ...
Crude Prices Turn on a Dime With Vague Hints that Russia May Exit OPEC Output Cut Deal
Apr 9, 2019 ... in Venezuela, Iran, and other countries, the non-conclusive remarks of Novak and Putin caused jittery traders on Tuesday to send oil prices falling from five month highs. West Texas ...
Sinopec Produces First IMO2020-Compliant Fuel oil Cargo
Apr 9, 2019 ... first low sulfur fuel oil cargo has been produced by Chinese refiner Sinopec at its Jinling plant in the eastern province of Jiangsu. The cargo comprised 4,200 metric tonnes, according to ...
Oil Prices Reach 2019 Highs as Sentiment, Not Fundamentals, Continues to Sway Investors
Apr 2, 2019 ... undertaken by media (a Reuters poll estimates that stocks fell 400,000 barrels last week). Jim Ritterbusch, president of Ritterbusch and Associates, noted that "Today's multi-month highs in ...
Crude Prices Mixed, But Croft Warns That Rally Could be Derailed by Sentiment
Mar 25, 2019 ... be released on Tuesday by the American Petroleum Institute, and which many analysts - including Jim Ritterbusch, president of Ritterbusch and Associates - believe will show additional tightening ...
Sentiment Once More Undercuts Reason as Crude Drops over 1 Percent
Mar 22, 2019 ... added that "continued large draws" in inventory would pull WTI prices back to the $60 level. Jim Iuorio, managing director of TJM Institutional Services, said that "Crude has been remarkably ...