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The United States exported record amounts of petroleum products in the first half of 2022


In the first half of 2022 (January–June), U.S. exports of petroleum products averaged nearly 6 million barrels per day (b/d), the most first-half-of-year exports in Petroleum Supply Monthly data, going back to 1973. U.S. petroleum product exports increased in the

Tankers: VLCC Rates Climb Higher, While Products on the Retreat



Freight levels in the Middle East Gulf continued to tumble this week. TC1 shed 30 points to end up at WS240 however the round trip TCE has held over the $50,000 per day. Likewise for voyage west on an LR2,