Curb Your Enthusiasm
The shipping industry has been working the conference circuit in the New York metropolitan area this week, and some…
Ethanol RIN Volatility has Consequences for US Trade Volumes
The Renewable Identification Number (RIN) market administered by the US Environmental Protection Agency (EPA) has largely been a boondoggle…
Opportunity for Recovery of Venezuelan Oil Production?
Hugo Chavez’s death earlier this week was notable from several perspectives, not the least of which is from that…
VLCC Orderbook Poses Challenge for Earnings Outlook
VLCC sector earnings continue to languish as recent rate movements broke through previously estimated seasonal support levels. TD1 spot…
Chinese Growth Provides Impetus for Fluid Crude Oil Supply Mix
Chinese oil majors have been on a substantial buying run over the past four years, peaking at $35bn worth…
Distillate Inventory Impact Continues on Atlantic Coast
The recovery from last autumn’s Hurricane Sandy continues in some of the hardest hit areas of the Northeastern United…
Benefits of Canadian Crude Oil Production Remain Untapped
Canada has recently seen substantial growth in crude oil production, and consensus forecasts portray even larger volumes of near-term…
Falling Inventory Levels Keep Downward Pressure on Tanker Market
The weak earnings environment has obstinately continued in the spot market this week, as low cargo counts have persisted….
A Dreary Week for Rates, Could Chinese Macro Situation Spell Relief?
This week saw fresh lows for several tanker routes, and the usual seasonal spike in earnings has largely failed…
OPEC Moving to Tighten Market, as Demand Rebounds
In today’s Oil Market Report (OMR), the International Energy Agency (IEA) provided a revised outlook that suggested a tighter…
