Industry Opinions

Recent developments in Libyan crude oil production, exports and refining are eerily reminiscent of conditions experienced in the spring…

The historically weak freight environment continues to batter the earnings of tanker companies the world over. The high and…

On its 99th birthday, the expansion of the Panama Canal poses an existential question for its namesake tanker sector….

The languishing West African Suezmax trade saw a much needed boost in activity last month. The upswing can likely…

The steady decline of Mexico’s crude oil production not only poses threats to the nation’s GDP, but also to…

With United States crude oil production rising to levels unseen in 22 years, the US must find consumers with…

From 4Q2012 to 1Q2013, the Western Canadian Select (WCS) crude oil benchmark experienced historically low prices during a period…

There is increasing optimism that the economic recovery in the United States is on firm footing and strengthening. Indeed,…

Dirty tanker rates are in a well-documented and, for owners, tiring slump that leaves earnings levels well below their…

Effective July 1st, South Korea, the fifth largest buyer of crude cargoes in the world, confirmed the elimination of…