Caribbean Refinery Closures Offset by Sagging Demand
During the first quarter of 2012, the dual closure of Valero’s 235 kbpd Aruba refinery and the remaining 350…
Asphalt Weekly Monitor
- East Coast retail asphalt move lower in many southern locations.
- East Coast wholesale asphalt and flux market prices steadfast.
- Midwest retail…
Energy Tribune: Japan Drives Fledgling Asian LNG Spot Market
“Last week the Xinhua News Agency reported that China launched its first spot market for natural gas on the…
Moderating IEA View Limiting Tanker Outlook
In its recent Oil Market Report (OMR), the International Energy Agency (IEA) kept its forecast for 2012 global oil…
Asphalt Weekly Monitor
- East Coast retail asphalt and flux prices move lower in in many locations.
- East Coast wholesale asphalt and flux market…
Fairplay: Aframax Gains Seen in Japan Fuel Oil Rises
“Japan’s imports of fuel oil and heavy sweet crude for oil fired power plants have surged since its quake…
Japanese Utility Demand Supports Aframaxes
Although the Japanese government has approved the start-up of two nuclear reactors in July in order to avoid power…
Asphalt Weekly Monitor
- East Coast retail asphalt prices slip lower in in some northern locations.
- East Coast wholesale asphalt market prices weaken in…
Bloomberg: Oil Tankers Slump Is Sign to Morgan Stanley of Imports
“A collapse in the number of tankers booked to haul 2 million-barrel cargoes of Middle East oil to the…
A Delayed Launch
Although estimates of how long repair work will last are better left until Motiva completes its inspection assessments, guesses…
