Bargain Hunting
Newbuilding asset prices have continued to escalate through 2008 to date and are strikingly above long-term historical averages. Since…
Deconstructing Demand
Although crude oil prices have been over $100 per barrel for several months, worldwide demand has yet to be…
Back Across the Pond
The clean product tanker market has become increasingly complex. New trade routes continue to crop up as traders work…
Riding the Wave
There is no sign of shipowners having the summertime blues as the crude oil shipping bull market continues to…
Dirty Talk
Producers, traders, brokers, buyers, regulators and financiers gathered this June in Houston at Platts 5th annual Bunker & Residual…
Digging Deep
The prospect of drilling for oil in the United States’ outer continental shelf (OCS) has ramifications across not only…
Holding the Maya
After reaching a zenith of 3.46 million bbls/day in late 2003, Mexico’s crude oil production has declined. At the…
Why is the Oil Price High and What Can Be Done About It?
To give some perspective on the many intertwined factors that continue to push oil’s price to ever loftier levels,…
No Longer Kings of the Road
In a huge upset, it was recently announced that sales of Ford’s dominant F-series truck lagged smaller, more fuel…
Tipping a Balance
In tightly balanced tanker markets, any ripple in either short-term vessel supply or demand can potentially swing freight rates…