Reuters: Libya, Syria Troubles Add to Crude Tanker Rate Rout
“The slow pace of resumption of Libyan crude exports and a European Union oil embargo on Syria are reducing…
Fairplay: Will Economic Weakness Bring Back an Oil Contango?
“Broker Morgan Stanley (MS) recently announced it was rating the US energy sector as ‘overweight’ based on oil markets…
Bloomberg: U.S. Atlantic Coast Oil Product Exports May Rise 40%, Poten Says
“Oil product exports from U.S. Atlantic Coast refineries may advance as much as 40 percent this year, said Poten…
Bunkerworld: Hard to Pinpoint, Impact of 0.50% Sulphur Limit on Singapore Market
“IFO sales in 2025 could range from 22 to 135 million mt, depending on how many vessels use scrubbers,…
Platts: Australia’s Increasing Oil, NGL Output to Help Aframax Market Report
“The Aframax market in Southeast Asia and in the Fast East can expect some support as Australia’s crude and…
Lloyd’s List: Medium Range Tanker Rates Inch Up on More Atlantic Cargo
“US gasoline imports rise slightly but brokers warn overall demand is still low . . . Lower US gasoline…
Lloyd’s List: The Strategic Petroleum Reserve
“International Energy Agency in move to push stocks into the market to meet a shortfall in supplies . ….
Bunkerworld: Rising Bunker Bills Drastically Eroding Profitability
“Rising bunker prices have eaten into tanker owners’ profit margins, especially those with significant exposure to the spot market,…
Tradewinds: Time to be Creative
“Shipowners accepting VLCC newbuildings this year may need to think outside the box along with their accountant as spot…
North Jersey: Potholes Stretch North Jersey Budgets
“Potholes tore up local streets following the harsh winter, and now they are adding an expense to municipalities already…
