Tag: oil prices

Gasoil Output At China’s Independent Refineries Fall By 17.3%

Feb feedstock consumption falls to a 2-year low Product stocks increase in early March on hiking crude prices ZPC and Hengli raise throughputs...

What Might Lead To Higher Box Freight Costs?

Shippers can expect to see increased bunker adjustment factors as bunker costs rise. Freight rates have been unaffected by Russia’s military incursion into...

Traders Predict Oil Could Hit $200 A Barrel

Low-sulphur bunker prices increased another $100 per ton yesterday. And having soared by a third since the end of February to about $1,000...

Asia Concerned About Russia’s Demands

ICE front-month Brent rose $21.02 to $139.13/b, and NYMEX front-month crude climbed $14.82 to $130.50/b. Iran's imminent return NIOC has been offering fewer...

Crude Oil Extends Gains As Russian Oil Expects A Ban

A recent news article published in the Platts states that crude extends gains as US, EU mull Russian oil ban. European allies consider a potential...

Ukrainian Conflict Intensifies, Bunker Prices Surge

As the Ukrainian conflict intensifies, bunker prices are reflecting the escalation in oil prices. Marine gasoil breaching $1,000 per tonne in the major...

Oil Prices Jump, Asia-Pacific Stocks Mixed

  Shares in Asia-Pacific were mixed on Thursday as U.S. stocks bounced back overnight. Oil prices, meanwhile, continued to move higher following a price...

Cure For High Oil Prices Might Just Be Higher Oil Prices!

Fundamentals and geopolitics have pushed oil prices rallying by 20 percent so far this year to levels last seen in the autumn of 2014....

Analysts Wonder How Long The Oil Price Will Last?

Speculation is rife about whether oil prices will reach $100 this Spring. A significant increase in U.S. crude production could put downward pressure...

Oil Slides over 2% From 7-Year High

A deal could return more than 1 million barrels per day (bpd) of Iranian oil to the market, boosting global supply by about...
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