Financial Times: Crude Gains on Big Stocks Draw
“Oil rose back above $112 a barrel after the US government reported a big decline in domestic stocks. Commercial…
Reuters: High LNG PricesThreaten Asia Demand Growth
“Skyrocketing prices of liquefied natural gas (LNG) could soon cut into demand growth and delay import infrastructure projects in…
Financial Express: Poten & Partners gets LNG Consultancy
“The government has finally awarded the LNG consultancy services to Australian Poten & Partners to facilitate carrying out of…
Bunkerworld: Analysts Predict Fall in Russia Fuel Oil Exports
“There is new analysis of the likely impact of Russia’s decision to increase tax on fuel oil exports. ‘Assuming…
Reuters: Libya, Syria Troubles Add to Crude Tanker Rate Rout
“The slow pace of resumption of Libyan crude exports and a European Union oil embargo on Syria are reducing…
Fairplay: Will Economic Weakness Bring Back an Oil Contango?
“Broker Morgan Stanley (MS) recently announced it was rating the US energy sector as ‘overweight’ based on oil markets…
Bloomberg: U.S. Atlantic Coast Oil Product Exports May Rise 40%, Poten Says
“Oil product exports from U.S. Atlantic Coast refineries may advance as much as 40 percent this year, said Poten…
Bunkerworld: Hard to Pinpoint, Impact of 0.50% Sulphur Limit on Singapore Market
“IFO sales in 2025 could range from 22 to 135 million mt, depending on how many vessels use scrubbers,…
Platts: Australia’s Increasing Oil, NGL Output to Help Aframax Market Report
“The Aframax market in Southeast Asia and in the Fast East can expect some support as Australia’s crude and…
Lloyd’s List: Medium Range Tanker Rates Inch Up on More Atlantic Cargo
“US gasoline imports rise slightly but brokers warn overall demand is still low . . . Lower US gasoline…