Back to the Future
June 11, 2021
By the end of 2022, oil demand should exceed 2019 levels
This morning, the International Energy Agency (IEA)…
Out Of (West) Africa
June 4, 2021
Changes afoot for Sub-Saharan crude and product trades
For many years, West Africa represented a growth area for…
Are We There Yet?
May 28, 2021
The summer driving season in the U.S. is about to start
Traditionally, the upcoming Memorial Day weekend marks…
Changing Tides
May 21, 2021
How is the tanker market going to deal with Net Zero?
Earlier this week, the International Energy Agency…
No Quick Fix
May 14, 2021
The tanker market is out of balance
Tanker market pundits seem to be in either one of two…
Demolition Derby
May 07 2021
Will scrapping hold the key to the tanker market recovery?
The tanker market has been in the doldrums…
Balance of Trade
April 30, 2021
Changing trade patterns impact West Coast VLCC employment
Historically, the global VLCC trade has been dominated by large…
Draining the Oil Stocks
April 23, 2021
Will falling oil inventories drive up tanker rates?
When Covid-19 started to spread around the world in the…
Guyana Revisted
April 16, 2021
A welcome new addition to the crude oil export markets
In October 2019, we wrote a Weekly…
Back to the Negotiating Table
April 9, 2021
Would more Iranian crude exports help the tanker market?
OPEC+ has announced that it will gradually increase production…