Tradewinds: Top of the Tanker Tree
“A switch in emphasis from expanding through the secondhand sale-and-purchase (S&P) market to investing heavily in newbuildings over the…
Driving Towards Normality
The American summer driving season that typically kicks off with Memorial Day weekend is a period when oil and…
Asphalt Weekly Monitor
- Rack activity limited in the US during this pre-Memorial Day holiday week.
- East Coast racks steady in most markets—but Atlanta…
Far Eastern Exports?
A surge in production coinciding with Organization of Petroleum Exporting Countries (OPEC) cuts allowed Russia to briefly assume the…
Lloyd’s List: Kozimo Exports Pass 1m Tonnes Per Month
“Russia’s newest oil export terminal, Kozmino on the far eastern coast, is shipping out more than 1m tonnes per…
Wall Street Journal: Ahead of the Tape
“And while 73 new vessels are scheduled for delivery this year, according to New York-based ship broker Poten &…
Asphalt Weekly Monitor
- East Coast racks steady in most markets—minor slippage in a few locations.
- Wholesale prices on the East Coast mostly unchanged—some…
It’s All Greek To Me
As Greece’s debt problems have blossomed from a national concern into a near existential threat to the European monetary…
Let the Finger Pointing Begin!
The effort to stop the gushing oil well 5,000 feet below sea level in the Gulf of Mexico has…
Asphalt Weekly Monitor
- East Coast racks declined in many areas this week.
- Some East Coast wholesale price ranges declined or narrowed this week.
- Midwest…
