Oil Markets Are Rebalancing
22 May 2020
Production cuts are having an impact
What a difference a few weeks make. Freight rates in April went…
Tanker Opinions
The Beginning of the End?
May 1, 2020
Crude tanker rates have weakened, but will it last?
Today, for the first time since March 10, VLCC…
Product Tanker Rates Take Off
24 April 2020
Floating storage is tightening product tanker availability
Rates for product tankers have been rising since early March, both…
No Easy Answers
April 17, 2020
What is the impact of OPEC+ cuts on the tanker market?
Last weekend, OPEC+ reached a historical agreement…
Refined Products Are Tanking
April 3, 2020
Floating storage on product tankers is on the rise
In the last few weeks, since the collapse of…
Storage Floats Your Boat
March 20, 2020
Floating storage can provide a temporary boost to tankers
Two weeks ago, the OPEC+ deal fell apart and…
March Madness
March 13 2020
Tanker fixtures jump as producers prime the pump
We are near the end of another week of almost…
Saudi Arabia Sparks Oil Price War – Implications For The Tanker Market
9 March 2020:
Over the weekend, Saudi Aramco sent shockwaves through global markets as it announced steep discounts to its…
OPEC Plays Russian Roulette
6 March 2020:
OPEC is trying to balance the market as oil demand stagnates
Another OPEC meeting brings discussion about another…
Where Does It All Go?
28 February 2020:
Where does the oil go if demand suddenly disappears?
In a short period of time, oil demand growth,…
Another Brick in the Wall
21 February 2020:
The US announces more sanctions on Venezuela
A little more than a year ago, Mr. Juan Guaido, then…
Coronavirus Infects Tanker Market
14 February 2020:
The coronavirus (now officially called COVID-19 by the World Health Organization) continues to spread, albeit primarily among…
