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Shrinking Supply Buoys Oil Prices, But Demand Destruction Is Beginning
May 26, 2022 ... the gap between prices for WTI available immediately versus those a month later widened to almost $3 per barrel, and Brent's equivalent spread climbing to as much as $3.20 on Thursday, the ...
Maersk: Our Methanol Demand Could Reach 6 Million MT/Year by 2030
May 25, 2022 ... 11.1 million mt. The firm is aiming for net zero emissions by 2040, and expects to have renewed almost all of its fleet to be capable of running on green fuels by ...
Oil Mixed As Washington Declares Another SPR Sale
May 24, 2022 ... Strategic Petroleum Reserve sale announced by the U.S. seemed to have a calming effect on traders despite previous SPR sales doing nothing to tame prices at the pump, and on Tuesday West ...
Floating Marine Fuel Supply Station 'Approaching Commercialisation'
May 24, 2022 ... construction in Sweden, and is scheduled for installation and commercial operation near Stockholm towards the end of the summer. "DNV is a global certification body that not only performed the ...
Oil Unchanged As Promises of EU Ban Against Russia Become Shaky
May 23, 2022 ... Meanwhile, existing bans are having little impact against the former Soviet Union. ...
S&B ANALYSIS: Assessing the Impact of the Russia Crisis on Bunker Markets
May 19, 2022 ... have declined significantly in the post-IMO 2020 era as demand shifted to VLSFO -- dropping from almost 17 million mt in 2019 to about 7 million mt last year -- Russia continues to play an outsized ...
Oil Prices Flip Flop As Traders Weigh Fears of China's Lockdowns Against Supply Tightness
May 16, 2022 ... the global shortage has exacerbated record high prices at the pump, prince Abdulaziz bin Salman, energy minister for Saudi Arabia, on Monday shattered the claims of vote-trolling politicians ...
S&B ANALYSIS: Singapore Bunker Sales Slip Further in April
May 13, 2022 ... HSFO lost 13.4% to 941,700 mt, distillates advanced by 1.8% to 286,500 mt and other fuels rose almost ninefold to 36,700 mt. HSFO's share of the total was 25.2%, down from 25.6% from the same ...
EU's Dithering And "Universal" Energy Shortage Causes Mixed Crude Trading
May 12, 2022 ... to dither over its proposed Russian embargo and the International Energy Agency reported an "almost universal product shortage." West Texas Intermediate settled up 42 cents at $106.13 per ...
CMA CGM Takes on Digital Port Operations System to Reduce Bunker Consumption
May 12, 2022 ... to take sustainable shipping forward with PSA through digital and operational solutions," Laurent Olmeta, CEO of CMA CGM Asia Pacific, said in the statement. "As we advance in our energy ...
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BUNKER JOBS: BitOil Seeks Senior Bunker Trader in Cyprus

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US-China Tariff Truce May Trigger Early Peak Season for Container Shipping: Xeneta

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