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…
Bunkerworld: Tanker Owners Facing Unrelenting Pressure
“Dirty tanker owners are facing ‘unrelenting pressure’ to scrap vessels due to a combination of low earnings and rising…
Tanker Earnings and the Value of a Third Special Survey
Miserable dirty tanker earnings and strong marine fuel prices are placing unrelenting pressure on tanker owners. With the dirty…
Asphalt Weekly Monitor
- Most East Coast retail prices steady, with a few areas weakening.
- East Coast wholesale asphalt prices unchanged.
- East Coast and Gulf…
Brent Premiums Reflect Shifting US Crude Import Patterns
Brent crude’s premium over both Dubai crude and Louisiana Light Sweet (LLS) crude has risen by more than six…
