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…
Tradewinds: Influx Boosts Tanker Chartering Base
“Independent oil-trading giants Total Oil Trading SA (Totsa), Gunvor, Lukoil International Trading & Supply Co (Litasco), Addax and Mercuria…
Asphalt Weekly Monitor
- East Coast rack prices increase in Mid-Atlantic and Southern markets.
- Midwest wholesale barge and rail markets continue to strengthen.
- Suppliers raise…
Cleaning Upwards for a Decade
At the turn of the millennium, India’s crude oil refinery capacity stood at…
Dow Jones: Extra Supply, Weak Naphtha Dampen Condensate Outlook
“A surge in condensate supply combined with an expected long market for its main derivative naphtha are likely to…
Asphalt Weekly Monitor
- East Coast rack prices incrase in northern areas.
- East Coast wholesale barge prices reported at higher levels.
- Midwest Wholesale barge and…
