crude exports Archives - Maritime Shipping News

When Will VLCC Segment Break Out Of Rut?

12 September 2022

VLCC tonne-miles increased by 4.8% on month and 6.8% on year. This has been the highest employment achieved so far this year.
Laden VLCCs now represent more than 45% of the total fleet globally, an unprecedented level since since early H2 2020.
The outlook for winter demand remains unclear, given ongoing macro weakness in China.
The VLCC segment is believed to be placed well enough to deal with any potential global recession, mainly due to a much lower orderbook, which now represents less than...

https://mfame.guru/when-will-vlcc-segment-break-out-of-rut/

Singapore Fuel Oil Inventories Slip Amid Rare Exports

17 January 2021

Singapore’s residual fuel oil inventories slipped 0.1 per cent in the week to June 24, inching away from a more than three-year high hit the week before.

Singapore’s residual fuel oil inventories fell 1% in the week ended Jan. 13, reflecting a slight decrease in net import volumes and steady bunker fuel demand, reports Reuters.

Fuel oil stocks dip

Onshore fuel oil stocks slipped 34,000 barrels, or about 5,000 tonnes, to 26.596 million barrels, or 4.188 million tonnes, in the week ended...

https://mfame.guru/singapore-fuel-oil-inventories-slip-amid-rare-exports/

Platts To Host Annual North American Crude Oil Digital Summit

6 August 2020

Platts is planning to host 3^rd Annual North America Crude Oil Exports Summit, says a press release published on its website.

Agenda of the summit

Where do North American crude oil export dynamics stand amid a global pandemic and an upstream sector “Shale 3.0“ sea change?

2020 has been a tempestuous year for crude oil markets. Global oversupply collapsed demand, historic price lows, escalating investor scrutiny around capital discipline and ESG, as well as geopolitical turbulence, have created...

https://mfame.guru/platts-to-host-annual-north-american-crude-oil-digital-summit/