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Oil Down On Stockpile Builds, But Sentiment Still Skewed To The Bulls
Jan 8, 2025 ... oil demand, possible good news came from Saudi Aramco saying it would raise oil prices for Asian buyers next month, which to Stephen Innes, managing partner at SPI Asset Management, suggested that ...
Oil Swings Back To Gains As Investors Suddenly Hopeful (Again) For China
Jan 7, 2025 ... Meanwhile, Hess is bullish about 2025 - but warns of volatility. ...
FEATURE: Increasing Complexity in 2025 to Favour Largest Bunker Firms
Jan 6, 2025 ... also sees the phasing-in of the regulation reaching its next stage, with shipping now having to buy allowances for 70% of their emissions in Europe, up from 40% last year. Some within the ...
Cautious Optimism Informs Oil Trading In First Session of 2025, Prices Up
Jan 2, 2025 ... with a move by both benchmarks above their 100-day moving average leading to algorithmic buying." Presumably, traders weren't overly spooked on Thursday by the U.S. Energy Information ...
EU-ETS Costs Jump as Phase-In of Regulations Steps Up in 2025
Jan 2, 2025 ... to its planned trajectory. Shipping joined the EU ETS at the start of 2024, needing to buy allowances for 100% of emissions generated on intra-EU voyages and 50% of the emissions on ...
Oil Ends 2024 On Second Annual Loss As Uncertainly Greets The New Year
Dec 31, 2024 ... was yet another pundit who provided some measure of cheer on New Year's Eve: "I'm not fully buying into this overwhelming bearishness," he said, adding that "We may yet see some discipline on ...
China's Multi Billion Dollar Stimulus Fails To Impress, Oil Prices Rudderless
Dec 26, 2024 ... Meanwhile, India's oil demand growth exceeds China's for the first time. ...
Oil Continues To Sink On Chance Of Fed Freezing Cuts In 2025
Dec 19, 2024 ... senior market analyst with Price Futures Group Inc., stating that, "Hedge funds are starting to buy on tightness of supply in European markets this winter." Also last week, Rapidan Energy Group ...
ICS Appoints New Secretary General
Dec 19, 2024 ... a new secretary general. The ICS board has appointed Thomas A Kazakos to take over from Guy Platten as secretary general in June 2025, ICS said in a statement on its website on ...
FuelEU Maritime - Is It Too Late to Act?
Dec 17, 2024 ... penalties, non-compliance will also affect vessel value, with some estimates putting the buyer's exposure in the range of $150,000 to $200,000. Has the industry heeded this warning? ...
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Maersk Resumes Haifa Port Calls After Iran/Israel Ceasefire

Maersk Resumes Haifa Port Calls After Iran/Israel Ceasefire

Maersk halted Haifa calls on June 20, but has now resumed them for imports to Israel as of June 25 after the announcement of a ceasefire.

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BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

BUNKER PRICES: G20-VLSFO Index Declines for Fourth Day

Global VLSFO prices have been dropping all week following the ceasefire in the Middle East.

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Shell Denies Making an Offer to Acquire BP

Shell Denies Making an Offer to Acquire BP

The Wall Street Journal had reported on Wednesday that talks between the two firms were at an early, but active, stage.

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