Consequences of the Confluence of “Peak Demand” and an Expanding Production Boom
Conservationists and industry have been at odds over the ability of crude oil to continue to serve as a…
The Growing Presence of the United States as Energy Exporter
A combination of increased crude oil production and slumping refined product demand has shifted refinery marketing dynamics in the…
Will Mexico Join North American Production Boon?
Declining production, coupled with low levels of investment in domestic refineries and crude exploration have diminished Mexico’s role as…
Struggling European Refinery Economics Continue to Impact Trade Flows
Economic growth prospects in Europe continue to be uneven – and generally tenuous at best – across the continent…
Tax Implications Could Weigh on South Korean Crude Imports
While much of the world’s attention is currently focused on escalating tensions between North and South Korea, the oil…
China-Russia Crude Oil Deal Largely Bypassing Tanker Market
Although most media reports were previously suggesting that major Sino-Russian energy negotiations were faltering, relations between the pair took…
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…
