The Cost of Bunkers, Do Owners Care?
The cost of bunkers is a major component of an owner’s voyage expense. In paying for the bunkers, the…
Tanker Opinions
The Rise of Oil Empires
To complement last week’s “The Fall of Oil Empires”, we will consider the other side of the picture of…
The Fall of Oil Empires
Oil market commentators have been trying to figure out who is going to increase oil production to avert the…
The Bullwhip Effect
The bullwhip effect is a phenomenon noticed in supply chains where the failure…
Is Tanker Activity Telling Us Anything About Oil Exports?
Crude oil prices are hovering around $60 a barrel and the expectation is that $70 a barrel will be…
Topping Off the U.S. Strategic Petroleum Reserves
The Strategic Petroleum Reserve (SPR) was established in December 1975 as a consequence of…
Fuel Oil Transport – Singles Need Not Apply!
Of all forms of oil, fuel oil is one of the worst pollutants as it has no light ends…
Cleans Up
The clean up position on a baseball team is where the fourth batter…
The Better Than Caspian (BTC)
On May 25th, the leaders of Azerbaijan, Georgia, Turkey, and Kazakhstan gathered in Baku…
Shifting Sands of VLCC Employment
We tend to think that VLCC demand is a one-way street up or…
What Is The Price of Your Crude?
We all know what the price of crude is, today it is trading…
IMF Outlook Up & Away Or Is It?
With one major exception, crude oil closely follows economic activity. The International Monetary…
