Research houses keep upbeat stance on MISC as 1Q results within expectations

Kenanga Research has maintained its “outperform” call on MISC Bhd, with an unchanged target price (TP) of RM8.10, as the shipping company’s financial results for the first quarter ended March 31, 2021 (1QFY21) were within expectations. In a research note published today, the local research house highlighted that the weaker 1QFY21 was dragged by substantially …

The post Research houses keep upbeat stance on MISC as 1Q results within expectations first appeared on Hellenic Shipping News Worldwide.

https://www.hellenicshippingnews.com/research-houses-keep-upbeat-stance-on-misc-as-1q-results-within-expectations/

U.S. says monitoring fuel supplies after big pipeline shut by cyber attack

The U.S. Department of Energy said on Saturday it was monitoring potential impacts to the nation’s energy supply after the country’s biggest fuel pipeline network was shut down by a cyber attack. “The U.S. Department of Energy (DOE) is coordinating with Colonial Pipeline Company, the energy industry, states, and interagency partners to provide situational awareness …

The post U.S. says monitoring fuel supplies after big pipeline shut by cyber attack first appeared on Hellenic Shipping News...

https://www.hellenicshippingnews.com/u-s-says-monitoring-fuel-supplies-after-big-pipeline-shut-by-cyber-attack/

India offers to lift regular Saudi oil volumes in June after May cuts: sources

Indian state refiners placed orders for regular supplies from Saudi Aramco for June, after reducing purchases this month, drawn by lower prices by the world’s top oil exporter, four sources said. The refiners – Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp and Mangalore Refinery and Petrochemicals Ltd – normally buy 14.8 million-15 million …

The post India offers to lift regular Saudi oil volumes in June after May cuts: sources first appeared on Hellenic Shipping News Worldwide

https://www.hellenicshippingnews.com/india-offers-to-lift-regular-saudi-oil-volumes-in-june-after-may-cuts-sources/

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