MassiveIndustry

The largest and most admired bunker company vanishes overnight. Charter rates hit historic bottom only to sink even further. Only the unexpected is to be expected.

OPEC is putting recent turbulence behind it, with Gabon officially joining the organization after a hiatus of more than 20 years.

(Tue, 05 Jul 2016) Mexico is in the process of reforming much of its electricity industry. Earlier in 2016, Mexico opened up day-ahead and real-time trading in a new wholesale power market. Although wholesale prices briefly spiked for a handful of hours, average prices in most locations during the market's first six months of operation have ranged from 880 to 1,100 pesos per megawatthour (MWh), or about $48/MWh to $60/MWh.

The base metals complex seemed to register only a small bump from the UK's EU referendum, recovered quickly and is now higher than it was before the vote.