October 12, 2018

Oil Tanker Rates To Asia Hit 2018 High

Freight rates for Aframax tankers to Asia have reached their highest level so far this year, as China’s small refiners received new crude import quotas and […]
October 10, 2018

Maersk Oil Trading Hires Asia Storage Amid New Ship Fuel Rules

Maersk Oil Trading—one of the world’s top ship fuel buyers—has hired an oil storage facility in Singapore to provide fuel to customers in Asia ahead of […]
October 2, 2018

Russia Can’t Raise Oil Supply To Asia To Offset Iranian Loss

Russia may be pumping oil at close or above post-Soviet high levels, but because of transportation constraints, it can’t significantly increase its oil supply to Asia, […]
September 27, 2018

Oil Price Rally Hits Asia Where It Hurts

Rising oil prices are pushing up prices for fuels in Asia, and this is coming at a bad time; many Asian currencies are depreciating as economic […]
September 20, 2018

Ultra Light Texas Oil Could Replace Iran’s Sales To Asia

U.S. producers of ultra-light condensate have the opportunity to gain a market share in a tightening Asian condensate market, which is expected to further tighten with […]
September 12, 2018

Saudi Arabia Boosts Oil Supply To Asia As Iran Sanctions Return

Saudi Arabia has the chance to regain Asian market share after at least three North Asian refiners have asked to receive extra supplies of Saudi oil […]
September 7, 2018

Asia Braces For Much Tighter Oil Markets

Two months before the U.S. sanctions on Iranian oil exports go into effect, Asian refiners and traders are beginning to line up their purchases for cargo […]
August 15, 2018

Oil Demand Growth Starts To Weaken In Asia

Oil demand in Asia’s key oil importers and fastest growing markets—China and India—has been growing at a slower pace this year than before, and analysts expect […]
August 7, 2018

This Is Why Canada Lost The LNG Race

Just recently, it seemed as though Canada’s LNG ambitions might finally come to fruition, but legal challenges and opposition of a once-promising project have sucked the life from supporters looking for a big pay day