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FEATURE OF THE WEEK

US ethane: What comes next?

Recent insights

Jun 13, 2025

LNG Special Report: Market strained by outages and rising Egyptian demand, subduing Asia spot activity

May LNG supply fell as outages and weak NE Asia demand closed Europe-Asia arbitrage. Europe’s storage refill & Egypt’s imports…

Jun 10, 2025

Will China continue to build stock?

China recorded another month of strong crude stock builds in May, even as seaborne imports softened. This trend raises a…

Jun 06, 2025

European supply tightness keeps middle distillate margins firm

In this insight, we explore global middle distillate flows and look for where the push and pull elements are to…

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LNG Special Report: Market strained by…

May LNG supply fell as outages and weak NE Asia demand closed Europe-Asia arbitrage. Europe’s storage refill & Egypt’s imports underpin spot prices.

Will China continue to build stock?

China recorded another month of strong crude stock builds in May, even as seaborne imports softened. This trend raises a key question for markets:…

European supply tightness keeps middle distillate…

In this insight, we explore global middle distillate flows and look for where the push and pull elements are to identify what could be…

Special webinar – Taking stock: Trump…

In-depth coverage of the potential and observed ramifications of recent US policies on the global crude, products, and shipping market.

India crude imports set to increase…

This blog explores the outlook on India’s crude imports, refinery projects and the country’s crude import basket.

Transpacific demand offers new optionality for…

In this insight, we look at an increasingly robust source of demand: Americas West Coast demand for transport fuels from APAC. This increases the…

Asian demand slump pushes fuels trans-Pacific

A slowdown in transportation fuel imports in Asia Pacific, along with rising Americas West Coast clean product import demand has supported arbitrage flows between…

Asia propane-naphtha swaps in crosshairs of…

We deconstruct our contrarian view of summer Asia pro-naps being wider than current market action given increasing LPG and naphtha supplies from the US…

Ageing VLCCs are an unlikely source…

The utilisation of ageing VLCCs is supportive of crude freight for now, but they will soon be squeezed out of the mainstream market into…

CPC Blend at centre of 2025…

In this overview of crude oil exports from Kazakhstan, we highlight the most significant developments that have impacted the trade so far this year,…

LPG Special Report: US-China flows to…

We explore the de-escalation of the US-China tariff war and our expectations of a return to seasonal LPG flows from H2 June.

Venezuelan crude exports drop in April…

In this piece, we examine the impact of the United States revoking Chevron’s licence to operate in Venezuela. What could happen to US Gulf…

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