Trump’s Return to OPEC Politics Muddies Oil Talks Next Month
US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the group to lower oil prices.
A collision between two ships resulted in an oil spill in the sea outside Singapore, according to the Maritime and Port Authority of Singapore. The accident between bulk carrier, Sunny Horizon, and liquefied petroleum gas carrier, Dl Salvia, happened at the Temasek Fairway, about 700 meters east of Sultan Shoal at 2 p.m. local time, the port authority said.
Workers are now cleaning up the oil spill. The two vessels involved are safely anchored in the West Jurong anchorage. No one was injured and port operations remain unaffected, the MPA said.
– Rupert Rowling, Copyright 2012 Bloomberg
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