Hellenic Shipping News: Cancelled Asia-Europe freight fixtures to pressure rates lower – sources
May 13, 2020
While it is difficult to pinpoint the exact volume of oil products floating at sea, it is…
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Riviera Maritime Media: Oil on floating storage soars to record highs, but peak still some way off
May 14, 2020
As a result, LNG export projects that were set for FID in 2020 will be delayed, all…
S&P Global Platts: Oil on floating storage soars to record highs, but peak still some way off
May 14, 2020
“Floating volumes are likely to keep going up in the next few months as many vessels that…
Events
Tanker Opinions
Rising Oil Market Uncertainty Surrounds Tanker Market
The recent Oil Market Report (OMR) from the International Energy Agency (IEA) was unremarkable in its lack of revisions…
Tightening European Diesel Market yet to Stimulate MR Demand
A series of refinery outages in the Atlantic Basin and anticipated seasonal maintenance have sharply tightened regional gasoil balances…
Tanker Optimism Must Wait for Macro Improvement
Like tanker company earnings reports, the Poten Weekly Tanker Opinion has made for grim reading in recent weeks, with…
LNG & Natural Gas Opinions
Weekly Asphalt Headlines
Asphalt Weekly Monitor
- Crude prices declined–July NYMEX WTI settled at $91.97 per barrel, down $2.18 this week.
Asphalt Weekly Monitor
- US paving winds down, going into the Memorial Day Holiday weekend.
- East Coast asphalt and flux retail prices steady across…
Asphalt Weekly Monitor
- East Coast asphalt retail prices mostly steady, except some lower prices in New York.
- East Coast wholesale flux and asphalt…
