Waivers, No More
26 Apr 2019: On Monday April 22, the U.S. announced that it will not extend the sanctions waivers when they…
More Oil in the Pipeline
12 Apr 2019: As anybody who follows the oil industry knows, U.S. crude oil production has grown rapidly in…
All Eyes On The East
5 April 2019: Refining capacity in Asia has been growing rapidly for many years, driven by continued growth in…
IMO 2020 Will Fuel Product Markets
29 Mar 2019: For most regulatory changes the optimal solutions are typically becoming clearer as the deadline is nearing. IMO…
Just Go With The Flow
22 Mar 2019: In last week’s Tanker Opinion, we discussed how projected changes in crude oil balances are expected to…
Will History Repeat Itself?
15 Mar 2019: Erling Naess, an iconic Norwegian shipowner observed in the 1970s: “God must have been a shipowner;…
Lights Dimming For Venezuela
8 Mar 2019: As an illustration of the severe problems that Venezuela is facing, the country experienced a widespread…
Decisions, Decisions …
1 March 2019: The tanker market is at somewhat of a crossroads: Trade flows are changing due to rapidly…
Super-Size Me
22 Feb 2019 : Crude oil exports from the U.S. Gulf continue to increase as tight oil production grows. The…
Down But Not Out
15 Feb 2019: Over the last 10-15 years the focus in world oil markets has been on Asian demand in…