Tuesday, August 4, 2015
crude oil terminal
News

Crude Oil Rebounds Slightly After Dropping Below $50 for First Time Since January

By Mark Shenk (Bloomberg) — Oil climbed amid speculation that its drop below $50 a barrel is excessive given projections that U.S. supply will decline. Brent futures rose as much...

August 4, 2015
Total Views: 3

Friday, June 5, 2015
Maritime News

BG Deal Lifts EIG-Backed Brazil Port Venture to 7-Month High

by Juan Pablo Spinetto (Bloomberg) Prumo Logistica SA, the Brazilian port developer controlled by private equity investors EIG Global Energy Partners LLC, rose to the highest since October after signing...

June 5, 2015
Total Views: 1

Thursday, June 4, 2015
vlcc supertanker
News

U.S. Crude Oil Exports Add to Global Glut

by Lynn Doan (Bloomberg) For a nation that bans most oil exports, the U.S. still finds a way to ship more abroad than at least two OPEC members. The shale oil-rich nation exported...

June 4, 2015
Total Views: 5

Monday, June 1, 2015
Maritime News

Iraq Begins Heavy Oil Exports After Complaints About Quality

[contextly_sidebar id=”tKIDRGk6JyJchPjTJbnQHPKSp8GOZ4k4″]by Khalid Al AnsaryAnthony Dipaola (Bloomberg) Iraq, OPEC’s second-biggest oil producer, is set to increase exports after starting a new grade of crude to quell customer complaints about the...

June 1, 2015
Total Views: 1

Monday, May 25, 2015
Gulf Of Mexico Oil Rig And Workboat
Offshore

Oil Trades Near $60 as Retreat in U.S. Drilling-Rig Count Slows

byBen Sharples (Bloomberg) — Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since a prolonged retreat in drilling that...

May 25, 2015
Total Views: 0

Thursday, April 23, 2015
Offshore

The Upside to a Down Market: Innovation and Standardization in Norway

As a daily consumer of energy, I’ve been selfishly happy about the lower fuel prices of late. Low gas prices are good – at least that’s what I thought.  And...

April 23, 2015
Total Views: 21

Thursday, April 16, 2015
gs caltex refinery
News

Asian Crude Buyers Realize Mexican Oil May Not Have Been Such a Bargain

A few months after snapping up the most heavily discounted Mexican oil in 20 years, Asian refiners are discovering some of these bargains may have been tainted.

April 16, 2015
Total Views: 12

Monday, January 12, 2015
stock market display investing
Finance

Asia Hurt by Continuing Slide in Oil, Dollar on Defensive

Asian stocks slipped on Tuesday as a continuing slide in crude oil prices dampened risk appetite, while the dollar nursed losses against the safe-haven yen.

January 12, 2015
Total Views: 0

Tuesday, November 18, 2014
crude oil terminal tanker
News

WTI Falls as Investors Weigh OPEC Decisions

West Texas Intermediate crude fell for a second day as investors weighed the likelihood of a production cut by OPEC when the group meets next week amid signs of weakening global demand.

November 18, 2014
Total Views: 0

Sunday, October 26, 2014
Maritime News

Supertanker Arrives With Venezuela’s First Imported Crude Oil

Oil tanker Carabobo, bringing Venezuela's first import of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million barrels of Algerian Saharan Blend.

October 26, 2014
Total Views: 270