Refinery Fire Sparks Tanker Rally
June 21 2019: U.S. oil industry news is usually dominated by reporting on shale oil, Permian crude production and…
Tanker Wars 2.0?
June 14 2019: Two oil tankers, the 110,000 dwt LR2 Front Altair (built 2016) and the 27,000 dwt product…
Asian Spot Prices Fall Below $5 per MMBtu; European US Prices also Drop
30 May 2019
Asian spot prices have fallen below $5/ MMBtu and are trading in the mid-$4s for cargoes delivered…
Dark Clouds or Silver Lining?
June 7 2019: Until recently, the consensus view on crude prices, oil supply and demand as well as tanker rates,…
Trump’s Tariffs Threat
31 May 2019: On May 30, President Trump tweeted that he will impose 5% tariffs on all imports from Mexico…
Buyers’ Market Makes Variety of Pricing Benchmarks Possible
30 April 2019
Buyers are asking for a variety of pricing benchmarks and flexibility options in a market where new…
OPEC+, OPEC- or NOPEC
24 May 2019: OPEC production has always been a significant driver of tanker demand and rate volatility. Most of its…
Back to Square One
10 May 2019: After the tanker freight market recovered in the fourth quarter of 2018, most analysts (including ourselves) expected…
LPG in World Markets: Indonesia’s LPG Demand to Grow Despite Gas Pipeline Build-Out
LPG in World Markets
May 2019
Indonesia is expanding its gas pipeline network to supply natural gas to residential customers in…
Russian Roulette for Refiners
3 May 2019: Last week, reports surfaced that Russian Urals crude flowing through the Druzhba pipeline was contaminated with organic…
