Tanker shipping demand nightmare – fact of fiction?
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
Peak oil demand “lurks like a monster in the shadows,” warns Stifel analyst Ben Nolan.
Port Corpus Christi could emerge as the United States’ top crude oil export hub over the next decade, thanks to more than $380 million in new shipping facilities and three oil pipeline projects worth $5.2 billion, according to a new study. Wood Mackenzie’s North America Crude Markets Service reported that the startup of three new […]
Geopolitical and trade tensions are having an increasing effect on shipping rates.
Middle East tanker attacks could spur oil importers to bring forward purchases, increasing shipping demand.
Is a recovery near for VLCC crude tanker spot rates? Not yet, warns an an analyst at VesselsValue.
If a trade war pares GDP growth, OPEC cuts may be extended, weighing tanker rates.
NYSE-listed Diamond S Shipping brings an experienced management team back into the public arena.
Shipping’s ‘trade war’ equation is not measured in tons at sea, it’s measured in tons times miles at sea.
There are reasons to be optimistic about rates in both the crude and product tanker sectors – and INSW’s fleet spans both categories.
Crude tanker owner DHT Holdings believes the stage is now set for a pronounced upswing in rates.
Tanker companies like Euronav expect to see financial benefits from impending environmental regulations, which will change the type of fuel burned at sea and could eventually limit how fast ships can go.
Your weekly snapshot of how the markets are doing.
Lower WTI prices mean slower pipeline construction and more pressure on crude-by-truck.
Gig economy companies contend with Supreme Court ruling that mandates full time workers to be considered as employees and not contractors; oil supply reduces after Saudi Arabia’s drastic production cut; government shutdown strains supply chains across the country.
Crude oil crashes; FedEx slashes profit forecasts; Musk unveils Boring Company’s first tunnel; container and petroleum exporters fight at Port of Houston; Fed expected to make a ‘dovish hike’ today.
Oil prices fall on the back of a possible supply glut; highly populated cities are fighting back to regulate traffic during peak hours; U.S. companies are finding it hard to continue working in Iran after the now-in-effect trade sanctions.
Will fundamental policy changes happen over the next two years leading up to the general election regardless of which party wins out?
West Coast ports post strongest volumes ever; Norfolk Southern is moving to Atlanta; flatbed tender rejections stay down; expect electric trucks in 2020; pregnant XPO Logistics warehouse workers suffer miscarriages; E2open buys Inttra; Iraq produces more oil but can’t rebuild.
We break 2018’s crude oil production down by state and month.
Iran’s truckers are on strike in 100 cities for the second time this year, causing fuel shortages. Meanwhile, the Iranian rial is rapidly losing its value, and the country’s biggest crude oil customers are cutting it off.