Platts: Osaka Gas Chief Rules out Japanese LNG Spot Market for Near Term
“Japan’s second-largest city gas supplier, Osaka Gas, doesn’t expect a spot LNG market to develop in Tokyo in the…
Taiwan News: Chinese Demand for Crude Oil Tankers Rises 42 Percent
“China imported 21.17 million metric tons of crude oil in April, 31 percent more than the same month last…
Drilling Deep
While it has been evident for weeks that the Deepwater Horizon oil spill is a transformative event for the…
Tradewinds: Top of the Tanker Tree
“A switch in emphasis from expanding through the secondhand sale-and-purchase (S&P) market to investing heavily in newbuildings over the…
Driving Towards Normality
The American summer driving season that typically kicks off with Memorial Day weekend is a period when oil and…
Asphalt Weekly Monitor
- Rack activity limited in the US during this pre-Memorial Day holiday week.
- East Coast racks steady in most markets—but Atlanta…
Lloyd’s List: Kozimo Exports Pass 1m Tonnes Per Month
“Russia’s newest oil export terminal, Kozmino on the far eastern coast, is shipping out more than 1m tonnes per…
Far Eastern Exports?
A surge in production coinciding with Organization of Petroleum Exporting Countries (OPEC) cuts allowed Russia to briefly assume the…
Wall Street Journal: Ahead of the Tape
“And while 73 new vessels are scheduled for delivery this year, according to New York-based ship broker Poten &…
Asphalt Weekly Monitor
- East Coast racks steady in most markets—minor slippage in a few locations.
- Wholesale prices on the East Coast mostly unchanged—some…