Bloomberg: Mexico Favoring Asia in Oil Seen Adding to Crude Tanker Demand
“Rising Mexican crude oil exports to Asia are helping to boost demand for oil tankers because of the distances…
Fairplay: PEMEX Stabilises Production
“PEMEX has halted its production slide and is spurring more long-haul tanker business, according to Poten & Partners. In…
Upstream: Gas Energy, Poten Pairing Up on LNG
“Brazilian consultancy Gas Energy has signed a ‘strategic partnership’ with Poten Plural, an arm of global natural gas specialist…
Valor Econômico (Brazil): Gas Energy Partners with Poten Plural
“Gas Energy has partnered with Poten Plural, a joint venture between Plural bank and Poten & Partners, a global…
Reuters: Arb Trades Boost Clean Transatlantic Tanker Rates
“Rates for medium-range (MR) tankers for 37,000 tonne cargoes from Rotterdam to New York were at W117.29, or $4,276…
Bloomberg: Product-Tanker Returns Seen Lower on Curbed Arbitrage by Poten
“Returns for tankers carrying oil products from the U.S. slumped after price gains in the country and Europe limited…
Fairplay: Far Eastern Energy Needs are Stabilising Aframax Rates
“Aframaxes in Asia are still seeing steady earnings, thanks to firm fuel oil demand and draught restrictions. According to…
Fairplay: Return to Shipping Market Balance Predicted
“Balance, that essential factor in athletic performance, will return to shipping markets by the Rio de Janeiro Olympics, BIMCO…
Bloomberg: European Gasoline Gains; Black Sea Gasoil Declines: Oil Products
“European gasoline extended gains to trade at the highest in more than four months. Russia will reduce gas oil…
Bloomberg: Tankers Head for Venezuela After Fire According to Reports
“Five tankers able to hold 190,000 metric tons of cargo were chartered to carry oil products to Venezuela after…