Chinese Data Pressures Outlook
For the past ten years, China has been a reliable source of bullish macroeconomic indicators across many sectors, although…
After the Stock Build
In this week’s Petroleum Status Report, the US Energy Intelligence Agency (EIA) reported that US commercial crude inventories rose…
Zombie Refineries
Theeey’re baaack. Atlantic Basin refineries that the market had relegated to the graveyard of unfit plants in an expanding…
Poten Report: Charter Rates Rise On Tight Availability
An extremely tight LNG shipping market with “zero structural availability” has driven charter rates to record levels over $100,000…
Brazil Hikes LNG Imports On Southern Drought
Brazil is back in the spot market after a relatively quiet 2011, with recent buying activity from state-owned Petrobras…
Naphtha Redemption for LR1s?
After languishing below operating costs for almost six months, LR1 earnings on the benchmark Baltic TC5 route, carrying 55,000…
Removing Bottlenecks
The main culprit behind the recent uncharacteristically deep discount of West Texas Intermediate’s (WTI) price compared to Brent is…
The Buzz to Come
To stop the United States’ gasoline production crashing into the 10% ethanol blending wall, the US Environmental Protection Agency…
Diversifying Outlets
Arguments occasionally spawn diversification. Oil pipeline tariff squabbles with Belarus in 2008 prompted Russia to develop alternative routes that…
Helping Colonials
Over the years, oil refineries along the US Northeast Coast have hit their share of economic potholes. Many of…
