Chinese Crude Sourcing Offers Continued Support to VLCCs
The rapid growth of Chinese oil product demand, refining capacity and crude imports has been a supportive feature of…
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Tanker Opinions
Poten & Partners tanker research and consulting group monitors and analyzes tanker market and energy developments around the world and advises companies on strategy development and implementation. Below you will find our team’s Weekly Tanker Opinions. To subscribe, click here.
IT Admin
PADD 1 Crude Imports Poised to Rebound
IT Admin
At first glance, crude oil import data for PADD 1 (representing the US East Coast) might suggest that volumes…
IT Admin
Shifting Panamax Supply Boosts Earnings
IT Admin
Panamax spot earnings in the Atlantic basin have been climbing consistently over the past month, especially for Panamaxes trading…
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Shifting FSU Export Flows
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After providing 2.8 mbpd of incremental liquids supply during 2004-09, production growth in the former Soviet Union (FSU) slowed…
IT Admin
Chinese Data Pressures Outlook
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For the past ten years, China has been a reliable source of bullish macroeconomic indicators across many sectors, although…
IT Admin
After the Stock Build
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In this week’s Petroleum Status Report, the US Energy Intelligence Agency (EIA) reported that US commercial crude inventories rose…
IT Admin
Zombie Refineries
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Theeey’re baaack. Atlantic Basin refineries that the market had relegated to the graveyard of unfit plants in an expanding…
IT Admin
Naphtha Redemption for LR1s?
IT Admin
After languishing below operating costs for almost six months, LR1 earnings on the benchmark Baltic TC5 route, carrying 55,000…
IT Admin
Removing Bottlenecks
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The main culprit behind the recent uncharacteristically deep discount of West Texas Intermediate’s (WTI) price compared to Brent is…
IT Admin
The Buzz to Come
IT Admin
To stop the United States’ gasoline production crashing into the 10% ethanol blending wall, the US Environmental Protection Agency…
IT Admin
Diversifying Outlets
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Arguments occasionally spawn diversification. Oil pipeline tariff squabbles with Belarus in 2008 prompted Russia to develop alternative routes that…
IT Admin
Helping Colonials
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Over the years, oil refineries along the US Northeast Coast have hit their share of economic potholes. Many of…
