Naphtha Redemption Redux for LR1s
As we noted in this space in April of this year, a surge in Asian naphtha demand provided a…
Golar Proposes First Floating LNG Conversion
Norway’s Golar LNG, owned by shipping magnate John Fredriksen, announced this month that it planned to convert up to…
A Pause in Ethanol Contribution to US Energy Independence
Almost forgotten amidst the current excitement over rising US tight oil production, a critical US policy instrument towards US…
Recovering Chinese Data Supporting Oil Imports
As China’s new fifth generation leaders were announced to their public this week, a wave of encouraging assessments of…
Post-Sandy Focus Shifting to Distillate Markets
With the New York City area facing severe shortages of gasoline following Hurricane Sandy — featuring the unwanted 1970s…
Hurricane Sandy Reverberates throughout Oil Supply Chain
Hurricane Sandy captured headlines during the past week, and her effects will be felt throughout the Northeastern United States…
King Coal: A Revived Threat To Europe’s Gas Market
The impact of the shale gas revolution in the US is rippling across international energy markets. Its direct effect…
China’s Teapot Refineries Face Regulatory Challenges
China’s independent petroleum refining industry comprises an estimated one-fifth of the nation’s nameplate capacity – or some 2 mbpd….
California Gasoline Situation Stabilises
Following a 50-cent per gallon spike that sent California retail gasoline prices to record levels and as high as…
A Product Tanker Investment Hypothesis, Overextended
Today’s release of the long-awaited Medium-term Oil Market Report (MTOMR) by the International Energy Agency (IEA) featured a more…
