Autonomous or smart ships are using existing management and administradtion tools to see how ships with varying degrees of automation can be …
BUNKERIST
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Energy | PetroleumNews
Oil dropped to $ 45 due to demand concerns, weekly gains expected
by BUNKERISTby BUNKERISTOil fell to about $ 45 a barrel on Friday amid concerns that the recovery in demand would slow due to a …
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Energy | PetroleumNews
Saudi Arabia, Iraq emphasize full commitment to deal
by BUNKERISTby BUNKERISTIraqi state news agency stressed on Friday its full commitment to their country’s OPEC + agreement, which limits oil production. Recent developments …
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Energy | PetroleumNews
China develops smart ships for marine environmental protection
by BUNKERISTby BUNKERISTThe Chinese Maritime Safety Administration signed an agreement on Wednesday with the Chinese State Shipbuilding Company (CSSC) to collaborate in the smart …
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Energy | PetroleumNews
Oil reaches highest levels since March in hopes of stimulus package
by BUNKERISTby BUNKERISTBrent oil futures have closed at their highest since the beginning of March, as well as the US has made progress in …
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Oil prices fell on Tuesday, due to the worries about a new wave of COVID-19 infections worldwide. Brent crude futures fell 37 …
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Energy | PetroleumNews
Petroleum falls with fear of glut due to increased production
by BUNKERISTby BUNKERISTOPEC and its allies will withdraw production cuts in August. Oil prices fell on Monday due to excessive supply concerns, as the …
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Energy | PetroleumNews
Record production cuts move U.S. oil to monthly gains
by BUNKERISTby BUNKERISTOil prices rose on Friday, and moved to monthly earnings, with the news of US’s record production cuts in May. Brent crude …
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While concerns over the world’s largest economy and the recovery of the oil consumer continue, oil, which is backed by the weak …
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Oil prices have dropped on Thursday, and the increase in coronavirus infections worldwide raises concerns that it may jeopardize recovery in demand. …