With less than a week to go before the implementation of global low sulfur regime for bunker fuels, a large number of ship owners in the race to be compliant are offloading the ineligible grades, market participants said.
While most owners are making a transition to low sulfur bunker fuel, this...
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy Minister Alexander Novak said on Friday.
“As far as the production cuts are concerned, I repeat once again, this is not an indefinite...
Oil prices rose on Friday, hitting three-month highs after data showed record online spending by US consumers even before the hoped-for end to the trade war between Washington and Beijing.
Brent crude futures were up 6 cents, or 0.1%, at $67.98 a barrel, after rising to as high as $68.10, the...