Streetbeat News

BANL

CBL International Limited

https://www.banle-intl.com

Industry

Oil & Gas Midstream

CBL International Limited, a fuel logistics company, provides vessel refueling solutions in Malaysia, Hong Kong, China, South Korea, Singapore, and internationally. The company offers trade credit and arranges local physical delivery of marine fuel. It expedites vessel refueling between ship operators and local physical distributors/traders of marine fuel. The company was founded in 2015 and is based in Kuala Lumpur, Malaysia. CBL International Limited operates as a subsidiary of CBL (Asia) Limited.

Open

0.81

Mkt cap

23M

Volume

5K

High

0.83

P/E Ratio

-13.82

52-wk high

1.79

Low

0.81

Div yield

N/A

52-wk low

0.55

Energy stocks are rising due to increased Middle East tensions, with reports of Iran potentially attacking Israel, which could impact the global economy.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:07 pm

CBL International announced that a selling securityholder may offer and sell up to 2.5 million ordinary shares in one or more offerings.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 6:48 pm

CBL International shares rose following the announcement of increased H1 sales results compared to the previous year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 4:03 pm

CBL International is focused on expanding its market presence in the biofuel sector and enhancing its global supply network. The company aims to drive operational efficiency and deliver sustainable growth despite macroeconomic challenges.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 3:24 pm

CBL International (NASDAQ:BANL) reported a significant increase in sales for the first half of the year, with $227.23 million, up 18.38% from $191.96 million year-over-year.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 3:23 pm

Oil and gas company shares are declining due to reports of a potential deal to restart Libyan oil production and exports.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:33 pm

Oil and gas stocks are declining due to supply disruptions in Libya, weak demand in China, and unexpected inventory data.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 5:47 pm

CBL International Limited (NASDAQ:BANL) has expanded its global port coverage to over 60 ports across 14 countries and regions in four continents. This marks a 70% increase in port coverage since its Nasdaq listing in March 2023, enhancing its position in the marine fuel logistics industry.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 1:52 pm

Oil and gas stocks are declining as crude prices fall, influenced by weak demand in Asia and U.S. diplomatic efforts in Israel.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 5:01 pm

Shares of oil and gas stocks are trading lower despite Middle East tensions, likely due to weak US economic data impacting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

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