Tanker Wars 2.0?
June 14 2019: Two oil tankers, the 110,000 dwt LR2 Front Altair (built 2016) and the 27,000 dwt product…
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Industry Opinions
IT Admin
Asian Spot Prices Fall Below $5 per MMBtu; European US Prices also Drop
IT Admin
30 May 2019
Asian spot prices have fallen below $5/ MMBtu and are trading in the mid-$4s for cargoes delivered…
Abdullah Alazzaz
Dark Clouds or Silver Lining?
Abdullah Alazzaz
June 7 2019: Until recently, the consensus view on crude prices, oil supply and demand as well as tanker rates,…
Erik Broekhuizen
Trump’s Tariffs Threat
Erik Broekhuizen
31 May 2019: On May 30, President Trump tweeted that he will impose 5% tariffs on all imports from Mexico…
IT Admin
Buyers’ Market Makes Variety of Pricing Benchmarks Possible
IT Admin
30 April 2019
Buyers are asking for a variety of pricing benchmarks and flexibility options in a market where new…
Erik Broekhuizen
OPEC+, OPEC- or NOPEC
Erik Broekhuizen
24 May 2019: OPEC production has always been a significant driver of tanker demand and rate volatility. Most of its…
Erik Broekhuizen
Back to Square One
Erik Broekhuizen
10 May 2019: After the tanker freight market recovered in the fourth quarter of 2018, most analysts (including ourselves) expected…
IT Admin
LPG in World Markets: Indonesia’s LPG Demand to Grow Despite Gas Pipeline Build-Out
IT Admin
LPG in World Markets
May 2019
Indonesia is expanding its gas pipeline network to supply natural gas to residential customers in…
Erik Broekhuizen
Russian Roulette for Refiners
Erik Broekhuizen
3 May 2019: Last week, reports surfaced that Russian Urals crude flowing through the Druzhba pipeline was contaminated with organic…
Erik Broekhuizen
Waivers, No More
Erik Broekhuizen
26 Apr 2019: On Monday April 22, the U.S. announced that it will not extend the sanctions waivers when they…
Erik Broekhuizen
More Oil in the Pipeline
Erik Broekhuizen
12 Apr 2019: As anybody who follows the oil industry knows, U.S. crude oil production has grown rapidly in…
Abdullah Alazzaz
All Eyes On The East
Abdullah Alazzaz
5 April 2019: Refining capacity in Asia has been growing rapidly for many years, driven by continued growth in…
