OPEC – Quotas: up, Production: Up,Oil Prices: Up, What Gives
This week’s OPEC announcement that it would raise production quotas by one million barrels per day to help stave…
Tanker Opinions
Charley, Frances & Ivan Make for Jittery Oil Industry
Anyone who doubted or maybe just forgot that the end of summer into early fall is hurricane season, let…
The Irony and The Ecstasy VLCC Rates: Red Hot to Ice Hot
The last long weekend of summer is setting in today and ironically VLCC rates, normally known for their ability…
The Frenzied Ship Building Market
Even as the lull of August manifests itself in the empty desks of colleagues on vacation and voice mail…
Reality Versus Perception
The general public’s perception of oil spills is that tankers are a major source of pollution on the high…
Mira Mira on the Wall: Will Tanker Rates Rise or Fall?
While Venezuelans await Sunday’s referendum to see whether or not their president, Hugo Chavez, will continue his six-year term,…
Naphtha Seeks Tonnage For Voyages to Exotic Places
Naphtha, unlike other clean petroleum products, has no retail market of any significance. No one buys a truckload to…
From Yukos With Love
<p> Russia’s near stoppage this week of 1.8 million bpd of oil production caused a slight panic in the oil…
A Midsummer’s Night Dream
As in the Shakespearian play where reality seems a dream, VLCC rates this…
A Romp Down Memory Lane
In our July 7, 2004 report, we looked at BP’s Statistical Review of World Energy and reviewed demand in…
Cooperative Solutions to Common Problems – API’s Biennial Tanker Conference
On June 28th and 29th, a group of senior oil transportation professionals gathered in San Diego, California for API’s…
A World Energy Review
The recent release of BP Energy Statistics provides us with an opportunity to look at what is going on…
