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BunkerEx Introduces New Credit Service for Bunker Buyers
Jan 15, 2018 ... price. Much of the time it's not because the supplier won't give credit, but because the buyer hasn't had someone to facilitate the set up," said Hemnani. "This means bunker buyers can be stuck ...
Crude Posts 4th Week of Gain Amid Asian Signs of "Healthy" Price Correction
Jan 12, 2018 ... Novak, oil minister for Russia, going against the grain by declaring that the global market hasn't been balanced yet - which reportedly alleviated concerns about the Organization of the ...
Continuing Crude Rally Causes More Worry About U.S. Shale Growth and Predictions OPEC Will Rethink Cutback Strategy
Jan 10, 2018 ... minister for Iran, echoed the sentiments of his counterparts in Iraq and Nigeria by saying OPEC doesn't want oil above $60 because it would provoke too much shale growth; however, Saudi Arabia is ...
Monster Crude Draw Causes Prices to Skyrocket Despite Forecast that U.S. Production Will Match Saudi Arabia, Russia
Jan 9, 2018 ... of crude over $60 galvanizing U.S. shale and ruining OPEC's plans to rebalance the market doesn't think the EIA's finding are any big deal: "Despite the EIA's forecast for record oil ...
Surging Oil Prices a Boost for Aramco IPO but Iran Says It's No Good for OPEC
Jan 9, 2018 ... prices above $60 a barrel because of shale oil." It should be noted that the Islamic republic isn't required to cut its output under the OPEC agreement and pumped 3.8 million barrels per day ...
LNG as a Marine Fuel – Tipping Points, Step Changes, Blizzards, and Snowballs
Jan 4, 2018 ... suit, as volume brings investment, which expands infrastructure and stimulates supply chains. The snowball effect is inevitable. Infrastructure The lack of infrastructure is always top of the ...
Crude Surges Amid More Warnings of an Imminent Price Drop
Jan 3, 2018 ... at Natixis Asset Management, named commodities as a top trade for 2018: "The $80 mark ... (doesn't) sound too preposterous, actually," and he explained that restrained production among major ...
Oil Makes Strongest Start to the Year Since 2014, But Moody's Says Prices are Heading Down From Here
Jan 2, 2018 ... protests in Iran ultimately caused it to settle at $60.37 - and if Moody's Investor Service'snew forecast is accurate, it will stay at that level and perhaps well below for the rest of ...
ClassNK Amends Fuel Consumption Reporting Rules
Dec 29, 2017 ... society ClassNK has amended its rules and guidance to reflect the latest relevant information available. This round of amendements include fuel consumption reporting which the ...
Industry Insight: Fresh Thinking in the LNG Transfer Zone Easing Infrastructure Concerns
Dec 29, 2017 ... their vessels beyond the world's major bunkering ports. Infrastructure Infrastructure doesn't need to just become more widespread – it needs to become smarter. Existing infrastructure at ...