25 November 2020 The Crude Report: Opec+ looks at 2021 Opec+ ministers will meet w/c 30 November to discuss next steps for their production agreement, the decisions of which will obviously have impacts on global crude oil trade flows.
24 November 2020 The US Crude Export Chronicles: November 2020 US crude exports are holding steady around 3.2mn b/d despite an unusually active hurricane season, while president-elect Joe Biden’s upcoming administration could have major consequences for global crude markets including a possible flood of Iranian supply.
18 November 2020 The Crude Report: Freight loses some Covid-19 weight After an unprecedented rise earlier this year thanks to a surge of floating storage demand, the Weight of Freight – freight's share of the delivered cost – has returned to the more typical 5% - 10% range for US-to-China shipments.
17 November 2020 Global base oils market snapshot – Week of 16 November Global base oil prices have extended their rise on the back of unusually tight supply-demand fundamentals. Many refiners have been unable to take advantage of the price strength because they are operating at low run rates in response to weaker fuel margins. The lack of
17 November 2020 From the Economist’s Chair: Irrational Exuberance Events since early November have boosted equities, strengthened crude oil prices, placed a floor under the USD index and moderated some of the recent safe-haven demand for gold.
17 November 2020 Market Talks: Brazil’s 2020-21 ethanol season — the ups and downs The current ethanol season in Brazil’s center-south region has given market participants a roller coaster ride, lurching between sharp price drops and growing optimism.
16 November 2020 Global coal-fired output recovers in Q3 Combined coal-fired generation in key global markets rose on the year in July-September as a result of a swift economic recovery in China, but overall coal burn remains below 2019 on a year-to-date basis.
11 November 2020 Global LPG Conversations: Outlook for propane and propylene markets Our new podcast series, Global LPG Conversations, explores developments and key drivers in the global LPG/NGL markets.
11 November 2020 The Crude Report: Why penalize running the lights? The six stand-alone splitters designed to refine ultra-light crude oil condensate at the US Gulf coast should have operating advantages in an environment where gasoline is king – but this theory hasn't quite panned out.
06 November 2020 Discussing the future of bunker fuels with car carrier UECC As new car sales continue to struggle as a result of the COVID-19 pandemic, what has been the impact on car carrier UECC?
05 November 2020 Egyptian wheat prices jump on tight global supply Egyptian wheat prices hit their highest levels in at least five years in October, as offers from Russian suppliers climbed amid limited alternative global availability.
04 November 2020 Driving Discussions: Covid-19 wave #2 and the outlook for European refiners The global oil products market was hit extremely hard from the first wave of Covid-19. Now that we are beginning feel the effects of the second wave, especially in Europe, are refiners prepared?
04 November 2020 The Crude Report: Libyan production strikes back After an eight-month slump in crude oil production, Libyan volumes are expected to strike back in full force.
04 November 2020 Market Talks: Is Brazilian clean fuel demand back at pre-pandemic levels? After an average 40pc drop at the beginning of the Covid-19 pandemic, demand for clean fuels in Brazil has been rising steadily, and is now approaching pre-crisis levels.
03 November 2020 Coking coal: Follow the math on China’s import ban The math that led China to hit the brakes on Australian coking coal imports last month is fairly simple: there was a giant wave of imports that has already exceeded full-year totals, even after Beijing began tapping the brakes in June.
