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





Oil prices had another volatile day yesterday

15 Dec 2017 08:48 GMT

By A/S Global Risk Management.



Continued crude oil outages of the North Sea Forties pipeline and the pipeline operator has declared force majeure on crude deliveries.

The International Energy Agency (IEA) released its monthly oil market report yesterday, and among other things, the agency stated that "Total supply growth could exceed demand growth: indeed, in the first half the surplus could be 200,000 barrels per day before reverting to a deficit of about 200,000 barrels per day in the second half, leaving 2018 as a whole showing a closely balanced market". Read the report,

The European Union is in the midst of Brexit talks, other than that no major economic news today.

Later tonight, the weekly oil rig count from Baker Hughes will be followed closely for indication of continued growth in the number of active oil rigs in the U.S.



A/S Global Risk Management is a provider of customised hedging solutions for the management of price risk on fuel expenses. The company has offices in Denmark and Singapore. For further details about its risk management products and services, please call +45 88 38 00 00 or email hedging@global-riskmanagement.com.


Image: Michael Poulson, Oil Risk Manager at A/S Global Risk Management. Image credit: A/S Global Risk Management




Related Links:

Once again US crude production reaches three-decade output high

Latest News:

Skangas confirms naming ceremony for LNG vessel
Fuel-saving coal carrier delivered to K Line
Bunker-saving Stena Immortal named in digital ceremony
Oil and fuel oil hedging market update
Oil is taking a breather on mixed news
Fenosa and Balearia ink Spain's first multi-year LNG bunker supply deal
Cockett seeks credit controller in Dubai
Part-load optimisation delivers bunker savings for MAN auxiliary engines
Petrobras reveals barge fleet for Vitoria, Praia Mole and Tubarao
U.S. crude inventories continue to decline.
Oil and fuel oil hedging market update
Queen Elizabeth's fuel supply system equipment made in UK




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
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