Seatrade: Soaring US Crude Output Transforms Tanker Trades
“Surging US oil production is generating increased product tanker demand because self-imposed export restrictions prevent the export of crude…
Asphalt Weekly Monitor
- East Coast retail asphalt prices firm somewhat in several locations.
- East Coast wholesale asphalt and wholesale flux prices move higher…
SinoShip News (China): China’s Refinery Plans Call for More VLCCs
“Despite a slowing national economy brokers Poten & Partners reckon China could need an additional 96 VLCCs to meet…
Asphalt Weekly Monitor
- East Coast gets rain in many areas slowing demand; retail prices ease lower in some areas.
- East Coast wholesale asphalt…
Asphalt Weekly Monitor
- Crude prices declined–July NYMEX WTI settled at $91.97 per barrel, down $2.18 this week.
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…
Asphalt Weekly Monitor
- US paving winds down, going into the Memorial Day Holiday weekend.
- East Coast asphalt and flux retail prices steady across…
Asphalt Weekly Monitor
- East Coast asphalt retail prices mostly steady, except some lower prices in New York.
- East Coast wholesale flux and asphalt…
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…