LPG in World Markets: Spanish Imports Rising on Petchem Demand, Lower Production
LPG in World Markets
July 2019
Spanish LPG imports were up by 15% in 1Q 2019 from the same period in…
Navigating Geopolitics
12 Jul 2019: Geopolitical tension and the tanker market are linked, because there is typically a close relationship between geopolitical…
Tanker Midterms
June 28 2019: We have reached the middle of the year, so it is time to take stock of…
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…