Financial Post: Chinese Data Suggests Strength for Crude Oil
“The idea that emerging markets will be the key source of demand growth for crude oil in the coming…
Business Week: China’s Refining to Rise, Boosting Crude Purchases
“China, the world’s second-largest energy consumer, may boost refining capacity by more than 10 percent by 2014, leading to…
Energy Metro Desk: Floating Product Storage
“According to some new research by Poten & Partners, the floating crude storage trade may have run its course….
Business Week: China’s Crude Oil Imports to Drive Tanker Market
“China, the world’s second-largest energy consumer, may lead an increase in demand for tankers as its energy needs rise,…
Bloomberg: Gasoline, Diesel Surpass Crude in Floating Storage
“Traders are choosing to store oil products in floating tankers instead of crude oil as freezing temperatures and rising…
Tanker Operator: China Plans Domestic Tanker Orders
“Chinese shipowners were thought to be planning a new tranche of tanker newbuildings at domestic yards to gain further…
Fairplay: China Plans Tanker Orders
“Chinese shipowners are planning a new wave of tanker newbuildings at domestic yards to expand control of their country’s…
Tradewinds: Influx Boosts Tanker Chartering Base
“Independent oil-trading giants Total Oil Trading SA (Totsa), Gunvor, Lukoil International Trading & Supply Co (Litasco), Addax and Mercuria…
Dow Jones: Extra Supply, Weak Naphtha Dampen Condensate Outlook
“A surge in condensate supply combined with an expected long market for its main derivative naphtha are likely to…
Tradewinds: Shell Reigns
“Shell has maintained its position as the top global spot charterer for clean petroleum products, according to data from…