No chance of OPEC output cut, even after oil dips below $50 - Gulf delegates I have seen some articles in the media suggesting the rise in...
US ULSD stocks at highest level ever: EIA
Contango in NYMEX futures spurs refiners to start producing summer gasoline
UPDATE 2-U.S. distillate, gasoline stocks soar by record 19 mln bbls I re-established a short position further out on the curve. If we rally...
Exclusive - China crude imports seen at record as it fills strategic reserves U.S. crude stocks fell last week as distillate inventories climbed...
DOEs look bearish. Gasoline build of 8m bbls and distillates building 11m bbls.
Sold almost all of my crude puts this morning. Still holding about 5% of my original position.
The API releases inventory data on Tuesday afternoons while the DOE releases Wednesday morning. Usually the API is given less weight by the...
The data I saw this afternoon was bearish distillates and gasoline. Hard to imagine with the fleet sitting out in the USGC waiting for cargo. I...
Long term monthly chart of WTI: [img]
I see a balanced fleet when I examine them among the rest. I guess time will tell. Thanks for offering a counter.
Crude tanker values soar as earning power of the ships doubles Newbuild prices record marginal change Five-year and ten-year VLCC prices...
I would imagine so. The immediate situation is certainly gluttonous, but I can see a fundamental bid under Cal17 and beyond as the tidal wave of...
Thanks for posting, bone. If $45 does not hold, my next support is ~$32.
VLCCs are worth $90-100m; Suez around ~$60mm so your premise is off.
Thanks for posting. I agree their April debt payment is the biggest issue on the horizon, but I expect them to meet it relatively easily in this...
Russian diesel exports from Primorsk to rise 44% in January: Traders Singapore prompt 92 RON gasoline swaps curve sinks to deepest contango in...
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Yea, I'm glad to see the media picking up the storage trade. This is just the beginning for Frontline. I expect them to easily manage their...
Gapped up 14% on the open. Up 20% on the day as I type.
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