Thursday, March 12, 2015
Maritime News

More Than Half of Mercuria’s South Korean Bunker Traders Jump Ship

The nine traders who have left are now in talks to join World Fuel Services...

March 12, 2015
Total Views: 3

Tuesday, August 5, 2014
oil storage tanks
News

CFTC Shows US Commodity Manipulation Laws Have Teeth

By extracting a $13 million penalty and imposing tough restrictions on future oil trading by Arcadia and others, the U.S. Commodity Futures Trading Commission (CFTC) this week sent a powerful signal that laws against market manipulation still have teeth.

August 5, 2014
Total Views: 6

Friday, March 28, 2014
Almi Horizon suezmax tanker
Maritime News

Repsol To Expand Singapore Crude and Fuel Oil Trading

SINGAPORE, March 27 (Reuters) – Spanish oil group Repsol plans to expand its trading desk in Singapore as it looks to move more crude and fuel oil to Asia to...

March 28, 2014
Total Views: 9

Friday, January 24, 2014
stealth gas sir ivor lpg carrier
Maritime News

NGL Traders Are Making Serious Bank Off U.S. Oil Boom

"Traders can make about $5 million profit on each U.S. propane cargo shipped overseas" - Philipps 66

January 24, 2014
Total Views: 56

Tuesday, November 19, 2013
lng carrier pier tugs port ship shipping natural gas
News

LNG Traders Compete for Cargoes as Volumes Drop for Second Year

Nov. 19 (Bloomberg) — Exports of liquefied natural gas are contracting for a second year, diminishing the number of available cargoes at a time when companies from Vitol Group to...

November 19, 2013
Total Views: 1

Tuesday, January 22, 2013
noble group singapore
News

Noble Group to Add Former BP Oil Analyst Giovanni Serio to Roster

Jan. 23 (Bloomberg) — BP Plc’s head oil analyst for Asia, Giovanni Serio, plans to join Noble Group Ltd. in Singapore, four people with knowledge of the matter said. Serio,...

January 22, 2013
Total Views: 42

Friday, July 27, 2012
lng tanker offloading cargo
News

Reload of LNG Cargo Canceled at Spanish Port, Upcoming Shipments Appear on Track

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the country’s gas-network manager. A...

July 27, 2012
Total Views: 9

Wednesday, July 25, 2012
oil storage tanks salalah
News

US Demand for Gasoline “Still Weak”, Oil Futures on the Decline

(Bloomberg) — Oil traded near its lowest in a week in New York on speculation that an increase in U.S. crude stockpiles signaled slowing demand in the world’s biggest consumer...

July 25, 2012
Total Views: 5

Friday, May 4, 2012
Ekofisk platform
News

Crude Oil Loading Program at the North Sea Ekofisk Platform Increases

LONDON (Dow Jones)–The June loading program for North Sea Ekofisk crude oil is scheduled at 263,000 barrels a day, up from 237,097 barrels a day originally planned to load in...

May 4, 2012
Total Views: 12

Thursday, April 5, 2012
teekay americas spirit
News

North Sea Forties Trade Delayed by Elgin, a Dozen Cargos Now Affected

LONDON -(Dow Jones)- Severe disruptions are hitting supply of North Sea Forties crude in April, following a serious gas leak on Total SA‘s (TOT) Elgin field last week, traders said Wednesday....

April 5, 2012
Total Views: 0

Wednesday, April 4, 2012
brent crude oil prices
News

Crude Oil Trades Slightly Lower as Investors Take Profits

LONDON (Dow Jones)–Oil prices traded lower Tuesday as some investors took profits from a 2% surge in prices the previous day and others stayed on the sidelines ahead of data...

April 4, 2012
Total Views: 0

Saturday, March 31, 2012
tangguh foja lng carrier
News

54 Cargos of Indonesian LNG Destined for the Spot Market

JAKARTA (Dow Jones)–Indonesia aims to sell 54 cargoes of liquefied natural gas in the spot market in May, a senior official at upstream regulator BPMigas said Friday. Rudi Rubiandini, operations...

March 31, 2012
Total Views: 7

Saturday, December 10, 2011
VLCC very large crude carrier oil tanker
News

ASIA CRUDE OUTLOOK: Let’s Just Say It’s Complicated

For those of you who aren’t petroleum traders, here are some definitions that may help you digest the rest of this article below.  This article by Gurdeep Singh of Dow Jones...

December 10, 2011
Total Views: 10

Wednesday, August 10, 2011
British Shipping Chamber
News

UK Shipping Industry Rejects EU Carbon Scheme

LONDON (Dow Jones)–The U.K. shipping industry has rejected the European Union’s emissions trading scheme, defying calls for shipping to be included in the carbon reduction program, the Guardian reports Wednesday,...

August 10, 2011
Total Views: 0

Monday, August 1, 2011
OSG Lightering tanker Gulf of Mexico
Finance

Traders Eye Gulf of Mexico Oil Tanker Play

Spread Between Futures Contracts Makes Stashing Crude Offshore Attractive LONDON (Dow Jones)—Storing oil in tankers offshore is on the rise again in the U.S. Gulf of Mexico, a sign of...

August 1, 2011
Total Views: 3