Asphalt Weekly Monitor
- Prices for paving asphalt eased lower in some mid-Atlantic retail locations.
- East Coast wholesale asphalt and flux prices were steady.
- Most…
Lloyd’s List: Light at the End of a Dirty Tunnel
“Poor crude tankers; everywhere they turn there are forecasts of doom that threaten to consign them to the dustbin…
Lloyd’s List: Poor Rewards for Suezmax Owners for Pushing the Market Up
“Suezmax chartering on the spot market was busy over the last week but brought little pay-off for owners, who…
A Product Tanker Investment Hypothesis, Overextended
Today’s release of the long-awaited Medium-term Oil Market Report (MTOMR) by the International Energy Agency (IEA) featured a more…
Asphalt Weekly Monitor
- The US celebrated Columbus Day and Canada celebrated its Thanksgiving Day on Monday.
- Prices eased lower in a few East…
Financial Times: Oil Groups to Export Crude from US
“Some of the world’s biggest oil companies and traders are poised to export substantial amounts of crude from the…
Bloomberg: Iran Oil Sanctions Boosting Returns for Nordic American
“European sanctions on buying oil from Iran are turning into a windfall for owners of Suezmax tankers, shipping the…
The Wall Street Journal: Natural Gas Glut Pushes Exports
“Energy companies are racing to export natural gas from the U.S. as they search for more-profitable markets amid a…
Slowing Fleet Growth Makes a Reappearance
Although the current macroeconomic environment is weighing on both the dirty and clean tanker sectors, the earnings performance of…
Asphalt Weekly Monitor
- Prices move down in some East Coast retail locations.
- East Coast wholesale asphalt and flux prices hold steady.
- Midwest retail prices…
