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…
Slowing Fleet Growth Makes a Reappearance
Although the current macroeconomic environment is weighing on both the dirty and clean tanker sectors, the earnings performance of…
British Columbia Frontrunner Cedes Mantle to Rivals
British Columbia Premier Christy Clark predicted during an economic summit held in China this month that the Kitimat LNG…
Oversupplied Suezmaxes Fight for Market Share
Facing rapid fleet growth and limited organic volume from its traditional load regions, Suezmaxes have had to fight for…
Mexican Oil Production Stabilises
Mexico’s state oil monopoly, Pemex, announced today that the company produced 2.550 mbpd of crude oil in August, compared…
Rising Oil Market Uncertainty Surrounds Tanker Market
The recent Oil Market Report (OMR) from the International Energy Agency (IEA) was unremarkable in its lack of revisions…
