BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News


Market Briefing
Michael Poulsen, A/S Global Risk Management Ltd.
09 Nov 2015 10:58 GMT





A/S Global Risk Management logo. Drop in drilling rigs continues; U.S. data improves (Brent: $48.4)

The weekly drilling rig count from Baker Hughes showed another 6 rigs were taken off the market; total rig count is now at 572, the lowest in 5 years. Also on Friday, the U.S. president turned down the "Keystone XL" oil pipeline which could have linked Canada and U.S. pipeline networks, transporting over 800,000 barrels per day.

The much awaited U.S. job report on Friday surpassed expectations with 271.000 new jobs added in October and unemployment rate slightly down to 5.0% (5.1% previous). The news increased market expectations to a December interest rate hike and made the dollar jump and weighed on oil prices.

Over the weekend, Chinese trade data showed weaker than expected imports and exports data. Today is thin on economic data; later this week we will see a row of U.S. and European key data along with Chinese and Japanese Industrial Production data. Due to Federal Government closure on Wednesday, the weekly EIA oil inventory report is postponed till Thursday. Furthermore, this week presents monthly oil market reports from OPEC as well as the International Energy Agency (IEA).


Related Links:

Company: A/S Global Risk Management Ltd.

Latest News:

Van Oord inks accord to test semi-dry scrubber system
Fenosa performs Valencia's first LNG bunker delivery
Pilot agreement signed for fuel-saving 'car wash for ships' in Rotterdam
Oil and fuel oil hedging market update
Bunker boost for Australia as Carnival confirms record cruise sailings
Saudi/Russia back exit from oil production deal, Libya supply disruptions
Ecoslops' La Mede plant could produce three times less GHG emissions: study
Oil and fuel oil hedging market update
Total Lubmarine obtains two no objection letters from MAN
MPA issues guidance for fuel oil consumption data collection
Weekly oil stocks, monthly oil report and mixed economic data
Increased supply chain transparency will solve contamination issues: Tolson




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events