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Oil Rises As Further U. S. /Iran Talks Cancelled, Peace Pact Feasibility In Question
5+ hour, 59+ min ago (471+ words) Analysts think the positive reaction to the peace pact has been overdone: File Image/Pixabay As questions mounted regarding the feasibility of the peace deal between the U. S. and Iran, oil prices on Friday rose'minimally, with at least one analyst fearing…...
Oil Approaches Pre-War Prices As Trump Takes Heat For Conceding To Iran
1+ day, 6+ hour ago (476+ words) Following the U. S. and Iran eschewing a Friday signing ceremony in Switzerland and signing'their 60-day interim pact towards a peace agreement on Wednesday, Brent traded just a few dollars above its prewar level. Additionally, the AAA reported that the average cost…...
MOL Signs European Bio-LNG Supply Deals with Titan and Axpo
1+ day, 21+ hour ago (288+ words) Bio-LNG fuel bunkering vessel supplying the CIELO ACE. Image Credit: MOL Japanese shipping firm MOL has signed bio-LNG bunker supply agreements with LNG bunker firms Titan and Axpo, expanding the availability of the fuel for its LNG-fuelled car carrier fleet…...
U. S. /Iran Peace Deal Causes Oil To Plummet - And Some Analysts To Warn Of Headwinds
4+ day, 6+ hour ago (523+ words) Bloomberg pondered the implications of China boosting crude purchases if the deal is ratified: File Image/Pixabay A collective gasp of relief was heard'throughout the investment community over the weekend and continuing into Monday, in the aftermath of the U. S. and…...
Oil Decline Continues As Executive Blames Trump For Trading Fatigue
1+ week, 5+ hour ago (442+ words) Elsewhere, war-related market panic seems at odds with consumer sentiment: File Image/Pixabay Despite rumblings in the wake of U. S. president Donald Trump's statement in the previous session that a peace deal between the U. S. and Iran was imminent, optimistic investors caused…...
Rotterdam Study Finds Existing Safety Frameworks Could Support Nuclear-Powered Ships
1+ week, 1+ day ago (189+ words) The Port of Rotterdam. Image Credit: Port of Rotterdam Authority A joint study involving Lloyd's Register, the Port of Rotterdam Authority, Core Power and A. P. Moller-Maersk has found that existing port safety and risk-management frameworks could provide a credible starting point…...
Barcelona and Shanghai Ports Expand Cooperation on Alternative Marine Fuels
1+ week, 1+ day ago (239+ words) The deal builds on an agreement reached last year to develop a green shipping corridor. Image Credit: Port of Barcelona The Port of Barcelona and Shanghai port authorities have signed a new agreement to expand cooperation on alternative marine fuels....
Maersk Dual-Fuel Boxship Takes 100% Ethanol Bunker Delivery in Rotterdam
1+ week, 4+ day ago (283+ words) The operation marked the vessel's second bunkering of 100% ethanol. Image Credit: A. P Moller-Maersk A dual-fuel methanol container ship operated by shipping firm A. P Moller-Maersk has bunkered 100% ethanol in Rotterdam. The firm's feeder container ship, Laura Maersk, took on ethanol for…...
Oil Dips As Conflicting Reports Muddy True State Of Global Oil Supplies
2+ week, 4+ hour ago (527+ words) Meanwhile, Lebanon resents Iran using it as bargaining chip in U. S. peace talks: File Image/Pixabay Oil prices on Friday held steady, with Brent trading57 cents lower at $97. 44 per barrel as of 1400 GMT as guarded optimism about progress on a U. S. /Iran peace…...
Israel/Lebanon Ceasefire Causes 3% Drop In Oil, As Critics Say Market "Is Asleep At The Wheel."
2+ week, 23+ hour ago (524+ words) Meanwhile, the Fed says "war-related oil shock won't necessarily lead to recession: File Image/Pixabay As expected, Wednesday's late news that the U. S. had brokered a ceasefire between Israel and Lebanon resulted on Thursday in oil prices dropping"by about 3 percent,…...