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BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
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Praxis Market Update
Dimitris Mertikas, Praxis Energy Agents S.A.
29 Jun 2010 14:24 GMT





Praxis Energy Agents S.A. logo Oil dipped under USD 77/bbl as concerns eased over the impact of hurricane Alex in the US Gulf following latest news regarding unaffected refinery operations.

In Singapore, most players reported to be fully committed until the 3rd of July.

In Piraeus, today’s strike has not created any delivery problems as per local updates, whereas market participants were keen to compete quite aggressively to attract volume during a prolonged dry buying season for the hub.

In Las Palmas, one supplier is still completely out of stock for all main grades with exact replenishment schedule yet unclear.

In Zona Comun, one player advised tight delivery schedules until further notice.


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Company: Praxis Energy Agents S.A.

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