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


Praxis Market Update
Nikos Siakavaras, Praxis Energy Agents S.A.
06 Apr 2017 14:52 GMT





Praxis Energy Agents S.A. logo. Oil moved higher Thursday after earlier losses on U.S. supply concerns. U.S. crude was up 25 cents, or 0.49%, at $51.40 at 08:00 ET. Brent crude added 35 cents, or 0.64%, to $54.71. The Energy Information Administration Wednesday reported an unexpected rise in U.S. crude inventories. U.S. crude stocks rose by 1.57 million barrels in the latest week to a record 535.5 million. U.S. supply has risen by some 9% from mid-2016 to about 9.2 million barrels per day. That has raised doubts about the reach of output cuts by major producers to address a global supply glut. OPEC and nonOPEC producers are cutting output by 1.8 million barrels a day in the first half. The focus now turns to Baker Hughes rig count data due out Friday.

Singapore: Avails are fair. Earliest supply from 10th-11th of April onwards, and according to barge schedule.

Fujairah: Avails are fair. Earliest supply from 9th-10th of April onwards, and according to barge schedule.

Istanbul: Avails are good with earliest delivery dates from 8th of April onwards, and according to barge schedule.


Related Links:

Company: Praxis Energy Agents S.A.

Latest News:

EGCSA 10th anniversary workshop to be held in London
EGCSA member survey reveals scrubber system increase
Oil and fuel oil hedging market update
Many unresolved issues left for last PPR meeting before 2020: IBIA
Volatility and supply
IBIA calls for bunker sample verification guidelines before 2020
GP Global inks accord to produce and market Cepsa marine lubes in India
Oil and fuel oil hedging market update
North P&I launches guide on avoiding and defending bunker disputes
Build in stockpiles and record high U.S. oil production
IMO working group develops plan to help ships prepare for 2020
Oil and fuel oil hedging market update




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