Refinery Fire Sparks Tanker Rally
June 21 2019: U.S. oil industry news is usually dominated by reporting on shale oil, Permian crude production and…
Industry Opinions
Abdullah Alazzaz
Tanker Wars 2.0?
Abdullah Alazzaz
June 14 2019: Two oil tankers, the 110,000 dwt LR2 Front Altair (built 2016) and the 27,000 dwt product…
Althea Alonto
Asian Spot Prices Fall Below $5 per MMBtu; European US Prices also Drop
Althea Alonto
30 May 2019
Asian spot prices have fallen below $5/ MMBtu and are trading in the mid-$4s for cargoes delivered…
Abdullah Alazzaz
Dark Clouds or Silver Lining?
Abdullah Alazzaz
June 7 2019: Until recently, the consensus view on crude prices, oil supply and demand as well as tanker rates,…
Erik Broekhuizen
Trump’s Tariffs Threat
Erik Broekhuizen
31 May 2019: On May 30, President Trump tweeted that he will impose 5% tariffs on all imports from Mexico…
Althea Alonto
Buyers’ Market Makes Variety of Pricing Benchmarks Possible
Althea Alonto
30 April 2019
Buyers are asking for a variety of pricing benchmarks and flexibility options in a market where new…
Erik Broekhuizen
OPEC+, OPEC- or NOPEC
Erik Broekhuizen
24 May 2019: OPEC production has always been a significant driver of tanker demand and rate volatility. Most of its…
Erik Broekhuizen
Back to Square One
Erik Broekhuizen
10 May 2019: After the tanker freight market recovered in the fourth quarter of 2018, most analysts (including ourselves) expected…
Erik Broekhuizen
Russian Roulette for Refiners
Erik Broekhuizen
3 May 2019: Last week, reports surfaced that Russian Urals crude flowing through the Druzhba pipeline was contaminated with organic…
Erik Broekhuizen
Waivers, No More
Erik Broekhuizen
26 Apr 2019: On Monday April 22, the U.S. announced that it will not extend the sanctions waivers when they…
Erik Broekhuizen
More Oil in the Pipeline
Erik Broekhuizen
12 Apr 2019: As anybody who follows the oil industry knows, U.S. crude oil production has grown rapidly in…
Abdullah Alazzaz
All Eyes On The East
Abdullah Alazzaz
5 April 2019: Refining capacity in Asia has been growing rapidly for many years, driven by continued growth in…
