US Crude Stock Build Continues
Six weeks ago, we observed that a surprise US crude inventory build was consistent with seasonal patterns, risk aversion…
Asphalt Weekly Monitor
- East Coast asphalt prices mostly steady – lower in some areas.
- East Coast wholesale asphalt market quiet, with prices unchanged.
- Midwest…
Tradewinds: FLNG Drives Vessel Demand
“The FLNG sector has been given new impetus with yards at the ready and the added prospect of shuttle…
SinoShip News (China): Strong Oil Import Growth Forecast Through 2016
“China’s rampant oil imports are the subject of the latest weekly report from brokers Poten & Partners. The US…
Tradewinds: Gunvor Seals Fresh Finance
“Gunvor has secured a new one-year $635m syndicated revolving credit facility, the Russian oil trader has confirmed. ‘The facility…
Chinese Crude Sourcing Offers Continued Support to VLCCs
The rapid growth of Chinese oil product demand, refining capacity and crude imports has been a supportive feature of…
Asphalt Weekly Monitor
- East Coast asphalt prices go lower in several areas.
- East Coast wholesale asphalt market active, with prices in a narrower…
Bloomberg: Statoil Books Supertanker to Ship North Sea Crude to South Korea
“Statoil booked a very large crude carrier to haul North Sea oil to South Korea, raising the number of…
PADD 1 Crude Imports Poised to Rebound
At first glance, crude oil import data for PADD 1 (representing the US East Coast) might suggest that volumes…
Asphalt Weekly Monitor
- East Coast asphalt prices mostly steady—lower in western Pennsylvania.
- East Coast wholesale asphalt prices move higher in some areas on…