Market
update

Update
Contact your team

360° Contact 24/7

News from
BMS United

22-08-2016

3 Mins Daily Market Report

Oil prices fell on Monday as analysts doubted upcoming producer talks would be able to rein in oversupply, saying that Brent would likely fall back below $50 a barrel as August's over 20-percent crude rally looks overblown. International benchmark Brent crude oil futures were trading at $50.43 per barrel at 0025 GMT, down 45 cents, or 0.88 percent. U.S. West Texas Intermediate (WTI) crude futures were down 27 cents, or 0.56 percent, at $48.25 a barrel. Analysts cast doubt on a recent oil p
19-08-2016

Vroon Singapore Looks to Micanti Antifouling to Reduce Fuel Consumption

VOS in Singapore says it has chosen Micanti Antifouling to boost bunker savings of its AHTS vessel, VOS Triton.
19-08-2016

Aulong to Build Bunker Saving Ferry for Chinese Operator

Aulong won a contract to build a high speed and fuel efficient aluminium ferry for Blue Sea Jet.
19-08-2016

3 Mins Daily Market Report

Brent crude oil prices dipped in early Asian trading hours on Friday, but remained near two-month highs with Brent still holding above $50 per barrel in a bull-run that has lifted the market by over 20 percent since early August. International benchmark Brent crude oil futures were trading at $50.80 per barrel at 0056 GMT, down 9 cents from their last close. U.S. West Texas Intermediate (WTI) crude futures, were at $48.28 a barrel, up 6 cents. The lower prices during early Asian hours - wh
18-08-2016

3 Mins Daily Market Report

Oil prices dipped in early trading on Thursday as the prospect of record Saudi output weighed on markets and as traders cashed in on profits following an almost uninterrupted price rally this month of nearly 20 percent. International Brent crude oil futures were trading at $49.67 per barrel at 0050 GMT, down 18 cents from their last close. In the United States, West Texas Intermediate (WTI) crude futures were at $46.79 a barrel, flat with its last close. Traders said the price dip was due
17-08-2016

3 Mins Daily Market Report

Oil prices fell away from 5-week highs early on Wednesday, as analysts doubted a successful outcome from producer talks to rein in ballooning oversupply. International Brent crude oil futures were trading at $48.85 per barrel at 0018 GMT, down 38 cents from their last settlement. Despite the dip, prices are still up over 17 percent since early August and remain not far off a five-week high of $49.36 a barrel reached the previous day. U.S. West Texas Intermediate (WTI) crude futures were at $4
16-08-2016

3 Mins Daily Market Report

Oil prices edged away from 5-week highs on Tuesday, with traders cashing in on a 16-percent rally since early August that has largely been fueled by talk of producers taking action to prop up the market. International Brent crude oil futures were trading at $48.14 per barrel at 0055 GMT, down 21 cents from their previous close. Despite the dip, prices remained over 15 percent higher than the monthly $41.51 per barrel low from Aug. 2. U.S. West Texas Intermediate crude was trading at $45.56 a
15-08-2016

3 Mins Daily Market Report

Oil prices edged up early on Monday and have risen more than 10 percent since the start of the month as speculation intensifies about potential producer action to support prices in an oversupplied market. International Brent crude oil futures were trading at $47.10 per barrel at 0018 GMT, up 13 cents from their last settlement, and over 10 percent above the last close in July. U.S. West Texas Intermediate (WTI) crude futures were at $44.65 a barrel, up 16 cents from their last close. Accor
12-08-2016

3 Mins Daily Market Report

Oil prices edged up in early trading on Friday, extending gains from the previous session on expectations that exporters could at an upcoming meeting talk about ways to prop up a market that continues to be dogged by a supply overhang.  Brent oil futures were trading at $46.20 per barrel at 0047 GMT, up 16 cents, or 0.35 percent, from their last close and not far off their $46.30 monthly high reached in the previous session. U.S. crude futures were at $43.71 a barrel, up 22 cents, or 0.51 per
11-08-2016

3 Mins Daily Market Report

Oil prices fell early on Thursday as a build in U.S. crude inventories and record Saudi Arabian production weighed on markets.  U.S. crude futures were trading at $41.34 per barrel at 0032 GMT, down 37 cents, or 0.9 percent, from their last settlement. Brent futures were at $43.72 a barrel, down 33 cents, or 0.8 percent. Oil fell sharply after data from the U.S. Energy Information Administration showed crude inventories rose 1.1 million barrels in the week ended Aug. 5. Analysts polled had
10-08-2016

3 Mins Daily Market Report

Oil prices were stable early on Wednesday, with a global supply overhang weighing on markets while talk of a potential producer meeting to discuss propping up prices lent crude some support despite being met with scepticism by analysts. U.S. West Texas Intermediate (WTI) crude oil futures were trading at $42.73 per barrel at 0031 GMT, down 4 cents from their last settlement, up 3 cents from their last close. International Brent crude futures were at $45.01 per barrel, up 2 cents. Traders s
09-08-2016

3 Mins Daily Market Report

Brent crude for October delivery was down 19 cents at $45.20 a barrel by 0033 GMT, after settling up $1.12, or 2.5 percent, on Monday. U.S. crude for September delivery was down 19 cents at $42.83 a barrel, after closing up $1.22, or 2.9 percent, on Monday. Crude prices inched down on Tuesday in Asia, paring gains of nearly 3 percent from a day earlier, as worries over a global oil glut tempered speculation that OPEC would try to restrain output. Qatar's Energy Minister and OPEC President
08-08-2016

3 Mins Daily Market Report

Oil prices rose in early trading on Monday, lifted by reports of renewed talks by some members of the Organization of the Petroleum Exporting Countries (OPEC) to restrain output. U.S. West Texas Intermediate (WTI) crude oil futures were at $42.01 per barrel at 0022 GMT, up 21 cents, or 0.5 percent, from their last close. Brent crude futures were trading at $44.40 per barrel, up 13 cents, or 0.29 percent. Analysts said that the price rise came on the back of renewed calls by some OPEC membe
05-08-2016

Poseidon Med II Holds Workshop on Potential for LNG Bunkering at Heraklion Port

Poseidon Med II held a three day workshop from July 20 to 22 at Heraklion Port, focused on the potential for LNG bunkering at the port.
05-08-2016

Korea's Ulsan Port Eyes LNG Bunkering with Public-Private Sector Cooperation Agreement

UPA says it has signed a three year cooperation agreement In order to support
05-08-2016

3 Mins Daily Market Report

Oil prices eased in early trading on Friday, but remained well above this week's lows as traders covered short positions after profiting from sharp declines since June.  U.S. crude futures were trading at $41.81 per barrel at 0029 GMT, down 12 cents from their last close but still up over 6 percent from their low fo the week on Tuesday. Brent futures were trading at $44.16 per barrel, down 13 cents, but also more than 6 percent up from Tuesday. Traders said that oil markets were still unde
04-08-2016

3 Mins Daily Market Report

Oil prices rose early on Thursday, extending gains from the previous session following a large draw on U.S. gasoline inventories.  U.S. crude futures were trading at $41.15 per barrel at 0139 GMT, up 32 cents, or 0.8 percent, after rising 3.3 percent and back over $40 the previous session. Brent futures were trading at $43.39 per barrel, up 29 cents, or 0.7 percent, from their last close. The jumps on Wednesday and Thursday marked at least a temporary end to a sharp downward trend since Ju
03-08-2016

3 Mins Daily Market Report

Oil prices edged up early on Wednesday, supported by a weaker dollar, but U.S. crude futures remained below $40 per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets.  U.S. crude futures were trading at $39.63 per barrel at 0027 GMT, up 12 cents from their last settlement but still below the $40 marker it settled below for the first time since April during the previous session. Brent futures were trading at $41.85 per barrel, up a m
02-08-2016

IBIA Africa Forum to Focus on Importance of "Good Bunkering Hub" in Cape Town

IBIA Africa will be hosting its second regional forum in Cape Town from September 14 to 16, focused on highlighting the importance of "establishing a good bunkering hub."
02-08-2016

EC Approves Acquisition of Italy's Termica Milazzo by ENI and Kuwait Petroleum JV

EC Thursday announced that it has approved the acquisition of Italy's Termica Milazzo by Raffineria di Milazzo.
Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54  Next