Soaring Bunker Prices Could Speed Up ‘Return to Normal’ for Container Shipping
By Mike Wackett (The Loadstar) – Low-sulphur bunker prices increased another $100 per ton yesterday and, having soared by a third since the end of
By Mike Wackett (The Loadstar) – Low-sulphur bunker prices increased another $100 per ton yesterday and, having soared by a third since the end of
By Julia Fanzeres and Alex Longley (Bloomberg) — Oil extended its rally as the U.S. and U.K. said they plan to ban Russian oil imports while oil giant
By Tsuyoshi Inajima (Bloomberg) A cargo of Russian Sokol oil from the Far East was offered at a steep discount as the nation’s invasion of Ukraine and the
By Archie Hunter and Anna Edwards (Bloomberg) — Oil prices could be set for a “prolonged period” above $100 a barrel over the next six to nine
By Jack Wittels (Bloomberg) — The shipping industry is starting to feel the full force of surging diesel and gasoline costs. Ship fuel can be made from
By Julia Fanzeres and Sheela Tobben (Bloomberg) — Oil shot across $90 for the first time since 2014 as winter weather in the U.S. threatened to shut in
By Julia Fanzeres (Bloomberg) — Oil is headed for a sixth straight weekly gain, with prices trading near a seven-year high as crude makes a roaring
By Alex Longley (Bloomberg) — Oil futures in New York dipped after their longest run of gains since February, as the market weighed a series of supply
By Stephanie Kelly, Bozorgmehr Sharafedin and Koustav Samanta NEW YORK, Dec 23 (Reuters) – Global oil demand roared back in 2021 as the world began to
By Julia Fanzeres (Bloomberg) — U.S. crude futures topped $80 a barrel for the first time since November 2014 as a global energy crisis boosts demand at
By Alex Longley and Sheela Tobben (Bloomberg) — Brent approached $80-a-barrel on signs that the crude market is rapidly tightening amid a global energy
By Sheela Tobben (Bloomberg) –Oil closed modestly higher Monday in New York as offshore explorers assess damage from Hurricane Ida and investors
By Liz Hampton and Erwin Seba HOUSTON, Aug 30 (Reuters) – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the
(Reuters)-U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17%
By Ari Hawkins (Bloomberg) –Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data
By Kevin Crowley and Francois de Beaupuy (Bloomberg) — The bosses of some of the world’s biggest oil companies said crude prices are likely to keep
By Andres Guerra Luz and Alex Longley (Bloomberg) — Oil fluctuated above $63 a barrel, exactly one year after U.S. benchmark crude futures plunged below
By Sharon Cho (Bloomberg) Oil retreated as traders monitored efforts to dislodge a massive ship blocking the Suez Canal, after two wild days that saw prices
By Alex Longley (Bloomberg) — How do you measure the value of the world’s most important commodity? It’s a conundrum that brought uproar in the oil
By Alex Longley (Bloomberg) — A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading
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