Financial Post: Chinese Data Suggests Strength for Crude Oil
“The idea that emerging markets will be the key source of demand growth for crude oil in the coming…
Business Week: China’s Refining to Rise, Boosting Crude Purchases
“China, the world’s second-largest energy consumer, may boost refining capacity by more than 10 percent by 2014, leading to…
Energy Metro Desk: Floating Product Storage
“According to some new research by Poten & Partners, the floating crude storage trade may have run its course….
Business Week: China’s Crude Oil Imports to Drive Tanker Market
“China, the world’s second-largest energy consumer, may lead an increase in demand for tankers as its energy needs rise,…
China’s Bright Horizon
China’s growing reliance on seabourne crude oil imports will set the tone of the tanker market for the coming…
Bloomberg: Gasoline, Diesel Surpass Crude in Floating Storage
“Traders are choosing to store oil products in floating tankers instead of crude oil as freezing temperatures and rising…
The Storage Story
Use of tankers as floating storage has seemed to consistently capture the attention of those in the tanker and…
Tanker Operator: China Plans Domestic Tanker Orders
“Chinese shipowners were thought to be planning a new tranche of tanker newbuildings at domestic yards to gain further…
Asphalt Weekly Monitor
- East Coast rack prices unchanged, except in Atlanta, where prices increased.
- East Coast wholesale paving grade asphalt prices reported higher…
Fairplay: China Plans Tanker Orders
“Chinese shipowners are planning a new wave of tanker newbuildings at domestic yards to expand control of their country’s…