Tradewinds: US Products Exports Roar Back into Business
“US products exports have grown in recent years amid shifting supply/demand patterns as surging US oil production and increasing…
Bloomberg: Europe-U.S. Gasoline-Cargo Flow Seen Gaining in Broker Survey
“The number of gasoline cargoes booked for shipment to the U.S. from Europe is poised to climb during the…
Lloyd’s List: Aframax Tankers Ordered as Market Remains Precariously Balanced
“US-based brokerage company Poten & Partners sees this versatility as key to recovery for aframax crude tankers in particular….
Platts: FSRUs Serve as an Entry Solution to LNG Markets for Smaller Scale Imports
“Floating storage and regasification units serve as an entry solution to the LNG market for smaller volumes of LNG…
Wall Street Journal: Buffett’s Lesson for Keystone and Canada
“Canadian oil producers face an even harder battle. Western Canadian Select, or WCS, is a relatively heavy grade of…
Lloyd’s List: US Gulf Product Tankers’ Earnings Dip Below $1,000 Per Day
“This route is also being hit by cargoes coming from Canada, which has become the main supplier of distillates…
Bloomberg: Oil Export Law Forces Jump in Tanker Rates
“Oil tankers that move crude between U.S. ports are reaping windfall profits as domestic production surges and American laws…
Bloomberg: European Gasoline Crack Drops
“European gasoline’s crack, or premium to Brent crude, dropped after reaching a four-month high yesterday on news of the…
Lloyd’s List: Tanker Conundrum as Fixtures Rise but Earnings Fall
“The tanker industry is struggling with poor freight rates and earnings, but all is certainly not doom and gloom…
Lloyd’s List: Suezmax Sale Signals Fresh Low for Tanker Asset Values
“Average earnings for suezmaxes will be $17,000 per day this year, Arctic Securities has forecast. US broker Poten &…
