Bloomberg: Argentina’s YPF Seizure Seen Raising LNG Cargo Costs
“Argentina must compete for liquefied natural gas with Asian buyers paying 38 percent more as cancels shipments after the…
After the Stock Build
In this week’s Petroleum Status Report, the US Energy Intelligence Agency (EIA) reported that US commercial crude inventories rose…
Asphalt Weekly Monitor
- East Coast retail asphalt price ranges mostly unchanged – some wider or narrower ranges.
- Some East Coast wholesale asphalt price…
Lloyd’s List: Atlantic Basin Refineries Make a Surprise Comeback
“Since Sunoco said it was discussing forming a joint venture to keep its Philadelphia refinery open two weeks ago,…
Bloomberg: Fuel-Oil Shipments to Singapore Rebound in June
“Fuel-oil shipments to Singapore rebounded from May, with 16 tankers carrying 3.38 million metric tons scheduled to arrive in…
Zombie Refineries
Theeey’re baaack. Atlantic Basin refineries that the market had relegated to the graveyard of unfit plants in an expanding…
Asphalt Weekly Monitor
- East Coast retail asphalt price ranges mostly unchanged – increases in Florida panhandle.
- East Coast wholesale asphalt price assessments steadfast…
Bloomberg: Supertankers Delayed in China as Nation Fills Strategic Reserves
“Delays emptying supertankers at ports in China are spiraling as the world’s biggest energy consumer scours the globe for…
Reuters: LR Clean Tanker Rates Steady, Naphtha Demand Helps
“Tanker rates for refined petroleum products on top export routes were steady on Monday, with firmer Asian naphtha demand…
Bloomberg: Asian Naphtha Demand Boosts Product Tankers, Morgan Stanley Says
“Strengthening naphtha demand from Asian petrochemical plants is boosting charter rates for product tankers hauling the feedstock, Morgan Stanley…
