08 Jun S&P Global Platts: May OPEC Output Up 270,000 at 32.12 Million b/d – Highest Since January 2017

Posted at 10:44h in Global Energy Industry News

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By hellenicshippingnews.. The Organization of the Petroleum Exporting Countries (OPEC) members' crude output rose 270,000 barrels per day (b/d) to 32.12 million barrels per day in May compared to April, according to an S&P Global Platts survey released today. The rise was driven by sharp...

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08 Jun Trader makes big bet on Marathon Oil recovery

Posted at 10:44h in Global Energy Industry News

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CNBC contributor Mike Khouw talks about his bullish bet on Marathon Oil as it hits a 52-week low. Read full story › Source:: CNBC energy       ...

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08 Jun Oil rises off 1-month lows struck after surprise stock build

Posted at 10:44h in Global Energy Industry News

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Crude futures edged up in early Asian trading on Thursday following heavy losses in the previous session. Read full story › Source:: CNBC energy       ...

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08 Jun Building blockchains in energy markets

Posted at 10:44h in Global Energy Industry News

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By hellenicshippingnews.. The idea of using blockchain technology to ease trading in the energy and commodities markets is cropping up more and more. Famously, blockchain is the technology behind cryptocurrency Bitcoin. Blockchains can be public, as with Bitcoin, or private, such as a group of...

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