In the past decade, oil demand has been defined by rapid growth in the Chinese economy, with the country responsible
Tanker ordering activity for vessels above 25,000 dwt has dropped sharply this year, with total orders around 110 units.
Almost every year since 2020 has been a rollercoaster ride, and the first six months of 2025 were no different
Earlier this month, the International Energy Agency (IEA) released their annual report detailing a medium-term outlook for oil markets.
While the international community remains fixated on the intensifying conflict between Israel and Iran, the European Union
Tensions between Israel and Iran are nothing new, but they came to a head overnight. The situation remains fluid and
Total global refining capacity has been in an upwards trend for a long time, and years with declines are rare Continue reading
The crude tanker market experienced a disappointingly weak first quarter, with the anticipated strong winter market failing
Since April the US and Iran have been engaging in “direct” negotiations over curbs to Iran’s nuclear programme in exchange
The tanker fleet is aging. The last couple of years have seen few deliveries and little scrapping as a strong