Reuters: Tanker rates surge as traders hunt for ships to store cheap oil
10 March 2020
“We are seeing several deals being negotiated for short-term (6-12 months) charters, with one already concluded. The…
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Business Intelligence Products
Media Mentions
Riviera Maritime Media: Coronavirus: Chinese oil production takes a hit as bunker fuel demand shrinks
9 March 2020
Shipbrokers Poten & Partners said the Chinese Government’s travel restrictions have resulted in reduced global demand for…
The Wall Street Journal: Ships Turn Into Floating Storage Units for Oil and Gas as Chinese Buyers Back Out
5 March 2020:
One carrier loaded with crude was heading toward China when the refinery that bought the oil tried…
Events
Tanker Opinions
Japanese Utility Demand Supports Aframaxes
Although the Japanese government has approved the start-up of two nuclear reactors in July in order to avoid power…
A Delayed Launch
Although estimates of how long repair work will last are better left until Motiva completes its inspection assessments, guesses…
US Crude Stock Build Continues
Six weeks ago, we observed that a surprise US crude inventory build was consistent with seasonal patterns, risk aversion…
LNG & Natural Gas Opinions
Weekly Asphalt Headlines
Asphalt Weekly Monitor
- East Coast retail markets are mostly unchanged this week for paving grades – flux flat.
- Some East Coast wholesale asphalt…
Asphalt Weekly Monitor
- East Coast retail markets are steady this week for paving grades, flux and wholesale flux.
- Some East Coast wholesale asphalt…
Asphalt Weekly Monitor
- East Coast retail markets are steadfast this week for paving grades and flux.(2)
- East Coast wholesale asphalt cement prices assessed…
