Tightening European Diesel Market yet to Stimulate MR Demand
A series of refinery outages in the Atlantic Basin and anticipated seasonal maintenance have sharply tightened regional gasoil balances…
Asphalt Weekly Monitor
- Many East Coast retail prices decline to start September.
- East Coast wholesale asphalt prices increase in some locations this week.
- East…
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…
Tanker Optimism Must Wait for Macro Improvement
Like tanker company earnings reports, the Poten Weekly Tanker Opinion has made for grim reading in recent weeks, with…
Asphalt Weekly Monitor
- Many East Coast retail prices slip lower.
- East Coast wholesale asphalt prices go higher this week.
- East Coast retail and wholesale…
Bloomberg: Tanker Returns Reach Record Low as Demand for Vessels Weakens
“Returns for the largest oil tankers hauling Middle East crude to Asia, the industry’s busiest trade route, reached a…
Reuters: Asia Condensate Demand to Double by 2016, Opening Mkt to New Suppliers
“Asia’s condensate demand is expected to double by 2016 as refiners and petrochemical makers build splitters to process an…
