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.
30 Mar 2017 15:27 GMT





Praxis Energy Agents S.A. logo. Oil prices reversed earlier losses on Thursday, reaching a fresh three-week high amid speculation that OPEC will extend its production-cut deal beyond June. Brent oil for June delivery on the ICE Futures Exchange in London rose 23 cents, or around 0.5%, to $52.78 a barrel by 9:00AM ET (13:00GMT), after hitting a high of $52.95 earlier, the most since March 10. Elsewhere, the U.S. West Texas Intermediate crude May contract reached a session peak of $49.98 a barrel, also the highest since March 10. It was last at $49.85, up 34 cents. Crude prices rose to the highest levels of the session following reports saying that Kuwait and other OPEC countries support extending production cuts beyond June to balance the market.

Singapore: Avails are fair. Earliest supply from 2nd-3rd of April onwards, and according to barge schedule.

Fujairah: Avails are fair. Earliest supply from 5th-6th of April onwards, and according to barge schedule.

Istanbul: Avails are good with earliest delivery dates from 31st of March onwards, and according to barge schedule.


Related Links:

Company: Praxis Energy Agents S.A.

Latest News:

Study to examine fitting fuel-saving sails on Ultrabulk ship
Oil and fuel oil hedging market update
Improved net profit for Containerships despite 45% jump in bunker costs
Balearia begins first of six LNG retrofits
Friday's session was highly volatile with huge intraday swings
Construction starts on Oslo all-electric passenger vessel
NYK develops water-in-oil alarm to avert engine problems
Frontline expects IMO 2020 strategy to yield jump in cash generation: CEO
New Titan tool compares LNG with MGO
Oil and fuel oil hedging market update
Date set for Aegean final basis motions to be heard
Enjoy the sixties while they last




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
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