A floating production, storage, and offloading (FPSO) vessel has exploded, caught fire, and sunk at the Ukpokiti Terminal in Nigeria. A floating production, storage, and offloading (FPSO) vessel has exploded, Continue Reading
Mexico leads with 40% of US product imports in Nov Strong summer demand, heatwaves lift tender activity US refined product exports to Latin America have returned to pre-pandemic levels, and Continue Reading
Highlights Decrease marks first draft adjustment in six months Fully-laden Suezmaxes no longer able to transit Waiting times for transit increase, pressuring freight The maximum allowable draft at the Neopanamax Continue Reading
Saturday’s tremendous coastal storm pushed a band of heavy snow into southern New England, burying cities under a snowpack up to two feet deep. These near-record snowfall totals continue an astonishing Continue Reading
Private payrolls tumbled by 301,000 in January, posting their biggest drop-off since the onset of the pandemic, as the omicron variant set off a spike in coronavirus cases, according to data released Continue Reading
U.S. crude oil refinery inputs averaged 15.2 million barrels per day during the week ending January 28, 2022 which was 248,000 barrels per day less than the previous week’s average. Continue Reading
Ford’s all-electric F-150 Lightning pickup can power homes in a U.S. first offering in which customers will be able to power their homes with an electric truck, the car manufacturer Continue Reading
NYMEX Henry Hub March jumps 75 cents to $5.50/MMBtu West Texas lows to remain below freezing through Feb. 5 The NYMEX Henry Hub prompt-month contract spiked Feb. 2 ahead of Continue Reading
Jan had harsher weather than in Dec, Jan 2021 Gas outweighs mild forecast in forward markets Generation shares stable, but solar surges Southeastern US on-peak bilateral indices more than doubled Continue Reading
Highlights Cold snap supports distillate demand USAC diesel stocks hit eight-month low Crude stocks fall 1.05 million barrels US distillate inventories moved lower for a third straight week in the Continue Reading
