Historically, WTI has formed the benchmarking for the supply/demand positioning of light crude at the US Midwest. Domestic light crude supplies were transported by pipeline to Cushing, Oklahoma Download File [PDF]

This time 2 years ago we were off to Posidonia at a time of huge concern about the global economy, but VLCC and Suezmax spot earnings were in pretty good shape (product tanker earnings were a very poor relation in comparison). Download File[PDF]

Panamax spot earnings in the Atlantic basin have been climbing consistently over the past month, especially for Panamaxes trading in the Caribbean spot market. In fact, Panamax Caribbean earnings are currently exceeding Download File[PDF]

MR demand in the Atlantic basin came under strong negative pressure during April as high oil prices tempered consumer products demand and resulted in lower US Atlanitc Coast imports whilst high refinery input costs exacerbated the affects of seasonal maintenance at USG-area refineries Download File[PDF]

Posting a daily assessment of a tanker owner’s TCE is a challenging task. In addition to the fact that owners generally regard consumption statistics of their tanker fleets as a private matter, this daily number is based on a variety of Download File[PDF]

The first few months of each year usually offer a strong boost to earnings for Aframaxes trading in the North West Europe (NWE), being supported by weather related delays and disruptions. However, this year the results have Download File[PDF]

Though VLCC rates edged down this week on the back of an expanding position list, some recent developments have materialised which stand to offer further support to the VLCC sector in the intermediate-term. Already,Download File[PDF]

After providing 2.8 mbpd of incremental liquids supply during 2004‐09, production growth in the former Soviet Union (FSU) slowed significantly during 2010‐11, as shown in the chart below. Easing global oil demand growth, field maintenance Download File[PDF]

Tensions surrounding the Iranian nuclear programme have once again hit the spotlight. Iran and the International Atomic Energy Agency held talks in Vienna this week and will meet again on 21st Monday, followed by another meeting Download File[PDF]

Due to its history as the most stable class within the tanker markets, the Suezmax became a favourite investment target of buyers in 2010 when tanker markets appeared to have been on the course of recovery.However , after
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