Bunkerworld: Tanker Owners Facing Unrelenting Pressure
“Dirty tanker owners are facing ‘unrelenting pressure’ to scrap vessels due to a combination of low earnings and rising…
Tanker Earnings and the Value of a Third Special Survey
Miserable dirty tanker earnings and strong marine fuel prices are placing unrelenting pressure on tanker owners. With the dirty…
Asphalt Weekly Monitor
- Most East Coast retail prices steady, with a few areas weakening.
- East Coast wholesale asphalt prices unchanged.
- East Coast and Gulf…
Brent Premiums Reflect Shifting US Crude Import Patterns
Brent crude’s premium over both Dubai crude and Louisiana Light Sweet (LLS) crude has risen by more than six…
Asphalt Weekly Monitor
- The Asphalt Institute held their Summer Annual Meeting in Calgary, BC this week.
- Most East Coast retail and wholesale asphalt…
Lloyd’s List: Chevron Refinery Fire Set to Benefit US Gulf Product Tankers
“Product tankers in the US Gulf stand to benefit from the fire at Chevron’s refinery in Richmond, California, according…
Richmond Refinery Fire Could Decrease Regional Exports
The fire at Chevron’s 257 kbpd Richmond, CA refinery on Monday evening has removed 12% of the state’s distillation…
Asphalt Weekly Monitor
- Most East Coast retail and wholesale asphalt prices decline in many areas.
- East Coast and Gulf Coast flux retail and…
Lloyd’s List: US Crude Oil Imports Edge Towards 15-Year Low
“Crude imports into the US on tankers could drop to levels last seen 15 years ago during the rest…
US Refiners Finally Reducing Crude Inventories
According to monthly data and weekly estimates from the Energy Information Administration (EIA), US domestic crude production continues to…