Energy News | Consilience Energy Advisory Group

Oil price, Afren, And finally…

August 14, 2015
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Oil price Another bad day particularly for WTI as domestic pressures in the US are at present creating an unpleasant backdrop and the chart looks very wobbly indeed. The dollar strengthened on the b

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Source:: Oil Voice […]

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Singapore 380 CST HSFO cash differential falls to 81-month low on supply glut

August 13, 2015
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By hellenicshippingnews The cash differential for FOB Singapore 380 CST high sulfur fuel oil fell to minus $6.75/mt Wednesday, its lowest in over 81 months, due to ample supply and slow demand. The cash differential was last lower on November 4, 2008, when it was at […]

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Platts Survey: OPEC pumps 31.4 million barrels of crude oil per day in July

August 13, 2015
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By hellenicshippingnews Oil production from the Organization of the Petroleum Exporting Countries (OPEC) totaled 31.4 million barrels per day (b/d) in July, up 120,000 b/d from the June level of 31.28 million b/d, a Platts survey of OPEC and oil industry officials […]

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Gard Alert: Panama Canal – draught restrictions

August 11, 2015
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The Panama Canal Authority (PCA) implements draught restrictions in the Canal due to the “El Nino” effect. The measures enter into force on 8 September 2015. The PCA issued their Advisory to Shipping No. A-24-2015 outlining the measures, on 7 August 2015

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