IEA Trims OPEC Production Capacity Outlook
In addition to cutting demand estimates in its recent Oil Market Report, the International Energy Agency (IEA) sliced its…
Asphalt Weekly Monitor
- East Coast retail asphalt move lower in some locations.
- East Coast wholesale asphalt prices decrease for FOB movements- CIF prices…
Lloyd’s List: Outlook Dims for Product Tankers Shipping Cargoes to US East Coast
“As workers shut off the oil distillation facilities at the huge refinery on the Caribbean island of St Croix…
Bloomberg: Gasoline Imports Seen by Poten Curtailed on Jobs Data
“Gasoline imports to the U.S. East Coast may be curtailed as employment conditions deteriorate and the region’s refineries accelerate…
Bloomberg: ICE Gasoil Tumbles in London; Gasoline Slumps: Oil Products
“Gasoil tumbled the most in a month on the ICE Futures Europe exchange as Brent plunged. Gasoline dropped from…
Bloomberg: Asia-Bound Fuel-Oil Cargoes in August Rise to 3.44 Million Tons
“Fuel-oil shipments to Asia from Western countries for August delivery rose from a week earlier to 3.44 million metric…
Caribbean Refinery Closures Offset by Sagging Demand
During the first quarter of 2012, the dual closure of Valero’s 235 kbpd Aruba refinery and the remaining 350…
Asphalt Weekly Monitor
- East Coast retail asphalt move lower in many southern locations.
- East Coast wholesale asphalt and flux market prices steadfast.
- Midwest retail…
Energy Tribune: Japan Drives Fledgling Asian LNG Spot Market
“Last week the Xinhua News Agency reported that China launched its first spot market for natural gas on the…
Moderating IEA View Limiting Tanker Outlook
In its recent Oil Market Report (OMR), the International Energy Agency (IEA) kept its forecast for 2012 global oil…
