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FEATURE OF THE WEEK

­­Saudi Leads “Big Three” Cutting Crude Exports in May

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May 04, 2023
India's oil imports from Russia seen peaking in May amid China competition - Economic Times
India's oil imports from Russia seen peaking in May amid China competition  Economic Times
May 01, 2023
India's Imports of Russian Oil Dwarf Iraq, Saudi Flows - Bloomberg
India's Imports of Russian Oil Dwarf Iraq, Saudi Flows  Bloomberg
May 02, 2023
For the first time, India imported more Russian oil than from Saudi ... - Quartz
For the first time, India imported more Russian oil than from Saudi ...  Quartz
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LPG
November 11, 2021
Tonne-miles need to pick up to…
A rally in rates throughout the month of October was logically followed by an increase in laden crude tankers as seen through Vortexa data.…
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June 04, 2021
North American LPG shipments to Asia…
North American LPG shipments to Asia may come at a higher price this summer due to multiple forces pressuring the economics of the trade.
Read more
June 02, 2021
Suezmax tankers infiltrate Europe-bound transatlantic crude…
Cheaper Suezmax freight rates led to increased employment for US - Europe flows. Will this trend continue amidst a positive environment for European crude…
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May 27, 2021
European naphtha exports boost LR2 demand
Elevated naphtha exports from Europe supported long-haul voyages in favour of LR2 tankers. Yet, will this trend contribute to uplift LR2 freight rates?
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May 26, 2021
Diverging trends behind stable supertanker utilisation
Declining volumes towards the Far East limits tanker demand, but long-haul voyages to India keep VLCC and Suezmax tanker utilisation in balance.
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March 19, 2021
Middle East LR2 tankers: Naphtha provides…
As naphtha continues to find outlets towards the East, LR2 utilisation is on the rise in March, helping resurrect rates from multi-year lows.
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March 11, 2021
US gasoline demand moulds the Atlantic…
The recent drop in US refinery throughput following the North American winter storm has strengthened transatlantic gasoline flows, while exerting pressure on Medium Range…
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March 04, 2021
Johan Sverdrup: Contradicting Fates for Crude…
The VLCC market share of Johan Sverdrup volumes continues to increase at the expense of Aframax and Suezmax tanker segments, highlighting the demand for…
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January 20, 2021
LNG Freight Rates Follow Surge in…
The recent bonanza of exports enjoyed by LNG producers such as the US, fuelled by a demand crunch in Asia, has rippled through freight…
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LNG Freight Rates Follow Surge in Exports
LNG Freight Rates Follow Surge in Exports
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Tonne-miles need to pick up to sustain rally in dirty freight rates
David Wech, Chief Economist
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