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…
BRIC House
The pressure to diversify crude oil sources continues to mount for purchasers of Iranian crude oil. Today, buyers not…
A Springtime Rally
Anyone following the tanker market during the last few years knows that bright spots have been few and far…
Timing is Everything
In the mid-1970s, the idea of creating a vast reserve of petroleum in the US to buffer the nation…
This Voyage is Rated TC14
The refined product imbalance between the United States and Europe is a structural blessing for trading companies and ship…
How Much Is That Tanker In The Window?
Between the protracted inaccessibility of credit and mixed optimism on recovery in the freight markets, tanker asset prices have…
