In an increasingly dynamic LNG market, participants need a trusted benchmark to capture and manage freight price risk. Argus’ LNG freight day rates are the robust and representative assessments that the industry needs for demurrage contracts, long-term charter agreements, and to settle financial instruments used for hedging, trading and inter-regional arbitrage.
The introduction of the global IMO sulphur cap on marine fuels is finally here. After several years of debate regarding the potential impact across the refining and shipping industries, we are now beginning to see events unfold. Argus is tracking supply and demand developments at key locations across the globe. We deliver daily price assessments, along with insight on deals done, trade volumes and key market activity.
US sanctions on Venezuela’s national oil company PdV, first imposed on 28 January 2019, cast another layer of geopolitical uncertainty onto the international oil market. The sanctions take effect in stages, gradually intensifying their impact on the Opec country’s imports and exports, and the sanctions rollout and partial unwinding of commercial ties will help to shape near-term market dynamics, with longer-term implications for policy and investment. Follow along with Argus as we deliver the latest news and market analysis on this story.