The Wall Street Journal: Officials Take Steps to Ease NE Fuel Supply Crunch
“Government officials took steps Friday to allow more gasoline to be shipped into the storm-plagued Northeast. But experts said…
Asphalt Weekly Monitor
- Hurricane Sandy slammed into E.Coast early this week, leaving damage along the eastern parts of the US & dumping…
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…
China’s Teapot Refineries Face Regulatory Challenges
China’s independent petroleum refining industry comprises an estimated one-fifth of the nation’s nameplate capacity – or some 2 mbpd….
Asphalt Weekly Monitor
- Prices for paving asphalt were unchanged in East and Gulf Coast markets.
- East Coast wholesale asphalt and flux prices were…
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…
California Gasoline Situation Stabilises
Following a 50-cent per gallon spike that sent California retail gasoline prices to record levels and as high as…
Asphalt Weekly Monitor
- Prices for paving asphalt eased lower in some mid-Atlantic retail locations.
- East Coast wholesale asphalt and flux prices were steady.
- Most…
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…