Bunkerworld: Closure of ‘Teapot Refineries’ Could Hit Fuel Oil Demand
“China’s reform of its refining sector could impact fuel oil demand, according to the independent energy consulting and brokerage…
Financial Times: Asian LNG Markets on Cusp of Change
“For years LNG was bought on long-term contracts, since the expense of producing vast liquefaction plants meant producers could…
Lloyd’s List: Light at the End of a Dirty Tunnel
“Poor crude tankers; everywhere they turn there are forecasts of doom that threaten to consign them to the dustbin…
Lloyd’s List: Poor Rewards for Suezmax Owners for Pushing the Market Up
“Suezmax chartering on the spot market was busy over the last week but brought little pay-off for owners, who…
Financial Times: Oil Groups to Export Crude from US
“Some of the world’s biggest oil companies and traders are poised to export substantial amounts of crude from the…
Bloomberg: Iran Oil Sanctions Boosting Returns for Nordic American
“European sanctions on buying oil from Iran are turning into a windfall for owners of Suezmax tankers, shipping the…
The Wall Street Journal: Natural Gas Glut Pushes Exports
“Energy companies are racing to export natural gas from the U.S. as they search for more-profitable markets amid a…
Business Times (Singapore): More Suezmaxes Hit the Water as Their Fleet Grows
“Owners of tankers holding one million barrels of oil are increasing their share of exports from the Middle East,…
Tradewinds: Suezmaxes Fight for Share
“Suezmax numbers have swollen by nearly 10% so far this year compared to just 1.2% for aframaxes and 8%…
Bloomberg: Suezmax Tankers Seen by Poten Adding Market Share as Fleet Grows
“Owners of tankers holding 1 million barrels of oil are increasing their share of exports from the Middle East,…