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.
08 May 2017 14:35 GMT





Praxis Energy Agents S.A. logo. Oil prices surrendered gains on Monday as traders weighed news that an OPEC-led production cut scheduled to end in June could be extended against an ongoing upsurge in U.S. shale production. U.S. crude was down 17 cents, or 0.37%, at $46.05 by 08.07 ET. Brent crude was down 20 cents, or 0.41% to $48.90. Prices rose earlier after Saudi Arabia's energy minister indicated that an OPEC-brokered production cut could be extended to the end of the year, or possibly beyond. A decision on whether to continue the production cuts is expected at OPEC's next official meeting on May 25. The comments came after oil prices fell to almost six-month lows last week due to ample supply in countries that are not part of the output cut, including the U.S., where shale production is soaring. Data on Friday showed that the recovery in U.S. drilling had extended for a year. Investors were also digesting oil data from China that showed imports eased in April.

Singapore: Avails are fair. Earliest supply from 14th of May onwards, and according to barge schedule.

Fujairah: Avails are fair. Earliest supply from 15th-16th of May onwards, and according to barge schedule.

Istanbul: Avails are fair. Earliest delivery dates from 8th-9th of May onwards, and according to barge schedule.


Related Links:

Company: Praxis Energy Agents S.A.

Latest News:

Skangas vessel Coralius performs first LNG bunker delivery
Rosmorport in talks with bunker firms over running LNG supply operation: source
September has turned out to be a bullish month... so far
Shell bunker tanker delivers LNG cargo to Klaipeda reloading station
Oil and fuel oil hedging market update
Vane Line Bunkering faces lawsuit over barge captain who suffered stroke
Brent price remains in the mid-fifties
Wartsila launches tug designs with hybrid propulsion
Oil and fuel oil hedging market update
Corvus: Understanding how high energy density is key to economical energy storage systems
ES Group says it will retain bunker vessel after charterer 'defaulted' on contract
Adventure superyacht with 'exceptional fuel efficiency' unveiled




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
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
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
Events
Upcoming Events