Industry Opinions

Over the years, oil refineries along the US Northeast Coast have hit their share of economic potholes. Many of…

The pressure to diversify crude oil sources continues to mount for purchasers of Iranian crude oil. Today, buyers not…

Anyone following the tanker market during the last few years knows that bright spots have been few and far…

In the mid-1970s, the idea of creating a vast reserve of petroleum in the US to buffer the nation…

The refined product imbalance between the United States and Europe is a structural blessing for trading companies and ship…

Between the protracted inaccessibility of credit and mixed optimism on recovery in the freight markets, tanker asset prices have…

For the past year, discussions of the Arabian Gulf to United States VLCC market have been largely focused on…

Acute bleeding in the refining complex around Philadelphia has started to erode a stalwart tanker trade. The West Africa…

While the European Union’s (EU) announced phased embargo on imports of Iranian oil may be stale news to some,…

Recent closures of local refineries in the United States, the neighboring Caribbean islands and Europe will create increased demand…

This week President Obama rejected a permit for the Keystone XL pipeline. If ever built, the pipeline would further…