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Jet fuel demand faces double blow from recession and coronavirus: Fuel for...
The International Air Transport Association has warned that carriers face a near 40% collapse in passenger numbers this year. Once the skies reopen, the likelihood of a global recession and companies...
View ArticleHistoric WTI contract collapse pushes some buyers, sellers to explore fixed...
Crude oil producers, refiners, and other traders in the US market may explore alternatives for pricing barrels following the historic collapse and extreme volatility in the May NYMEX light sweet crude...
View ArticleUS-Northwest Europe crude oil export route attracts interest despite closed...
A recent drop in Americas Aframax freight rates has sparked charterer inquiry and fixing activity for the US Gulf Coast-UK Continent/Mediterranean route, despite closed oil arbitrage economics that has...
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Commodity Tracker: 4 charts to watch this week
A recovery in Chinese independent refiners’ oil imports tops this week’s pick of trends in energy and raw materials markets. EU carbon markets, the relationship between US rig counts and tubular steel...
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Latin American crude exports to USGC see small gains amid coronavirus upheaval
Latin American countries, excluding Venezuela and Argentina, have slightly increased crude exports to the US Gulf Coast market in 2020 to date, despite fierce competition from Canadian and Middle East...
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Commodity Tracker: 4 charts to watch this week
Global recovery from the coronavirus pandemic is proving patchy, and demands a close look at oil demand signals – the first stop in this week’s roundup of energy and raw material trends. S&P Global...
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Commodity Tracker: 4 charts to watch this week
As oil markets begin to recover from the shocks of recent months, side-effects like falling VLCC rates and congestion at Chinese ports are emerging, write S&P Global Platts news editors. Plus,...
View ArticleIn northern China’s hydrogen push, by-product output and renewables lead the way
China might lead the world in battery vehicles, but until recently it was a relative laggard in hydrogen. Now, it’s catching up. According to the China Hydrogen Alliance, a government-supported...
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Asia shrugs off OPEC supply rise as refiners grapple with crippled demand
Middle Eastern sour crude supply is expected to increase this month after OPEC+ members on July 15 agreed to pare back their production cut commitment. But Asian consumers, who under normal...
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China makes oil market wary of demand false dawns: Fuel for Thought
China may have given oil markets false hope. A rapidly rebounding economy in the Asian powerhouse had initially revived demand, but bloated inventories and stockpiling by domestic refineries have...
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