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Can Indonesia undo its earlier coal blemish?

Loaded vessels are progressively allowed to depart, what about the country’s multilateral relations? Early this month, Indonesia sent shockwaves through the energy markets with a blanket export ban to address its critically low domestic shortage to avoid a power outage. Coal miners were subsequently slapped with permit revokes for not …

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Fujairah 2021 Bunker Sales Gain 5.1% Despite December Slowdown

Image Credits: Ship & Bunker Repost: Marine fuel sales at Fujairah, the world’s third-largest bunkering port, gained an estimated 5.1% last year despite a fall in volumes in December. Total sales excluding marine lubricants totalled 697,692 m3 last month, according to the latest data from the Fujairah Oil Industry Zone …

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Oil Soars As All Signs Indicate Bull Market Throughout 2022/23

Image Credits: Ship & Bunker Repost: The latest session of the boom that seems to have legs saw oil prices soar to the highest level since 2014 on Tuesday, spurred not only by resilient demand but the expectation it will continue well into 2022 regardless of Covid. West Texas Intermediate …

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