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Oil prices are back above $60/bbl, their highest level since January 2020, before the Wuhan lockdown. (more…)

The crude oil sector has experienced a devastating 12 months. The Covid-19 pandemic has decimated demand, and currently at least, there is no definitive end...

With everything the pandemic has thrown at the oil industry, the last time we took a serious look at US VLCC export infrastructure developments was...

Somemajor but unsurprisingdecisionsshook the North American energy market last Wednesday.January 20thsaw the US re-join the Paris Climate Agreement, ban the development of the controversial Keystone...

Since 2019 Brazil has become the top crude exporter in Latin America, with crude shipments (for all producers) reaching a record 1.4 million b/d last...

After a turbulent 2020 that saw a brief oil price war, a global pandemic and oil demand destruction, it is perhaps not surprising that to...

2020 was a rollercoaster year, one with extreme ups and downs. Record highs and record lows.For the tanker market, in many ways it was year...

The best science fiction script writers from Hollywood could not have come up with the twists and turns that we have experienced during 2020... (more…)

Late last week, an explosion at South Africa’s second largest refinery cast focus firmly on the East and South African refined products market. (more…)

A year ago, US crude production reached its highest level ever, averaging 12.9 million b/d in November 2019. (more…)