IT Admin British Columbia Frontrunner Cedes Mantle to Rivals IT Admin British Columbia Premier Christy Clark predicted during an economic summit held in China this month that the Kitimat LNG… Read More
IT Admin Oversupplied Suezmaxes Fight for Market Share IT Admin Facing rapid fleet growth and limited organic volume from its traditional load regions, Suezmaxes have had to fight for… Read More
IT Admin Mexican Oil Production Stabilises IT Admin Mexico’s state oil monopoly, Pemex, announced today that the company produced 2.550 mbpd of crude oil in August, compared… Read More
IT Admin Rising Oil Market Uncertainty Surrounds Tanker Market IT Admin The recent Oil Market Report (OMR) from the International Energy Agency (IEA) was unremarkable in its lack of revisions… Read More
IT Admin Tightening European Diesel Market yet to Stimulate MR Demand IT Admin A series of refinery outages in the Atlantic Basin and anticipated seasonal maintenance have sharply tightened regional gasoil balances… Read More
IT Admin Tanker Optimism Must Wait for Macro Improvement IT Admin Like tanker company earnings reports, the Poten Weekly Tanker Opinion has made for grim reading in recent weeks, with… Read More
IT Admin Japan’s Anti-Nuclear Drive Gains Momentum IT Admin Despite the restart of two units at Kansai Electric’s Ohi facility last month, prospects for Japan’s other 48 nuclear… Read More
IT Admin Tanker Earnings and the Value of a Third Special Survey IT Admin Miserable dirty tanker earnings and strong marine fuel prices are placing unrelenting pressure on tanker owners. With the dirty… Read More
IT Admin Brent Premiums Reflect Shifting US Crude Import Patterns IT Admin Brent crude’s premium over both Dubai crude and Louisiana Light Sweet (LLS) crude has risen by more than six… Read More
IT Admin Richmond Refinery Fire Could Decrease Regional Exports IT Admin The fire at Chevron’s 257 kbpd Richmond, CA refinery on Monday evening has removed 12% of the state’s distillation… Read More
IT Admin US Refiners Finally Reducing Crude Inventories IT Admin According to monthly data and weekly estimates from the Energy Information Administration (EIA), US domestic crude production continues to… Read More
IT Admin European Terminal Operators Rethink Strategies IT Admin European terminal operators are looking for new service offerings as utilization rates slide across their import facilities. Service diversification,… Read More