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.
22 May 2017 11:00 GMT





Praxis Energy Agents S.A. logo. Oil was higher Monday underpinned by growing hopes for an extension of an output cut deal by major producers. U.S. crude was up 48 cents, or 0.95%, at $51.15 at 08:00 ET. Brent gained 48 cents, or 0.90%, to $54.09. OPEC and non-OPEC producers have agreed to cuts of 1.8 million barrels a day in the first half. Saudi Arabia's energy minister Khalid al-Falih said over the weekend he believed everyone was on board for a nine month extension of the output cuts to March of next year. OPEC and non-OPEC producers are due to meet Thursday on the possible extension. Baker Hughes Friday reported an increase of 8 to 720 in the U.S. oil rig count in the latest week. That was the highest number since April 2015, highlighting the increase in U.S. drilling activity.

Singapore: Avails are fair. Earliest supply from 28th of May onwards, and according to barge schedule.

Fujairah: Avails are fair. Earliest supply from 27th of May onwards, and according to barge schedule.

Istanbul: Avails are fair. Earliest delivery dates from 24th of May onwards, and according to barge schedule.


Related Links:

Company: Praxis Energy Agents S.A.

Latest News:

Project targets emissionless 'green corridor' with first electric inland boxship
UK's first LNG-fuelled passenger ferry launched in Glasgow
Wartsila to supply scrubber and engines for new cruise ship
Oil stocks, rig count and OPEC taking centre stage
Oil and fuel oil hedging market update
Petronas signs accord to provide STS LNG transfers
ECSA welcomes agreement on CO2 emissions trading system
Tallink achieves Q3 growth despite rise in bunker costs
Oil and fuel oil hedging market update
Jan Brent rose $0.47 to close at $62.57
Debmarine Namibia inks MoU to build bunker-saving mining vessel
Understanding 'about' in bunker consumption clauses




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