After just over a year of being offline, discussions about restarting the 450 kbd KRG pipeline remains at an impasse. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
As Europe steps into spring having survived its first full winter without Russian diesel, the Continents fuel supply is once again disrupted. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The state of California is a unique case in the US energy market, particularly when it comes to crude oil. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The explosive growth in Americas crude production has repeatedly focused on prospects in the United States, Guyana, Brazil and Canada. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
For the tanker market, the last twelve months have seen a dramatic reorientation of long-established trade patterns and fuelled a strong rate environment. Therefore, on the one-year anniversary of the outbreak of the war what can we expect going forward? The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
This week, the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ held a virtual meeting where they agreed to maintain current production levels. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Whilst many members of the OPEC+ group are struggling to achieve its allotted output quota, one country that has been able to is Iraq. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
The past couple of years have been very turbulent in many international markets due to the global pandemic. The weekly tanker market report by Gibson Shipbrokers - features an overview of the crude oil and oil product tanker market.
Friday 7th saw the unexpected closure of the 8,851km Colonial Pipeline linking US Gulf Coast (USG) PADD3 refineries with PADD 1 facilities along the Atlantic coast following a cyber-attack. The weekly tanker market report by Gibson Shipbrokers features an overview of the crude oil and oil product tanker market.
As with most crude tanker markets, the Aframax and Suezmax sectors have remained under pressure since June. Weekly tanker market report by Gibson Shipbrokers.