Author: Tom Pawlicki

U.S. Import Report: Returning to Normal

US imports of crude oil in April rebounded from the low levels witnessed in March, but started the month at a relatively slow pace. Imports rose to 3.35 million barrels per day compared to 3.16mn bpd in March, but held below the 4.75mn bpd level from April 2018.

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LPG Week: Demand and Price Reversals

The LPG market has seen a consistent story unfold for most of the past year, including growth in Indian consumption tied to fuel switching and government subsidies, and declining Chinese consumption due to trade tariffs and slowing economic growth.

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LPG Week: Demand and Price Reversals

The LPG market has seen a consistent story unfold for most of the past year, including growth in Indian consumption tied to fuel switching and government subsidies, and declining Chinese consumption due to trade tariffs and slowing economic growth.

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LPG Ballast Report

US Gulf LPG loadings should decline sharply next week as the number of vessels en route falls. There are 13 VLGCs en route to or holding outside Gulf Coast ports. Seven VLGCs are heading to Houston, while Clipper Victory and Karoline N are currently loading at Targa.

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LPG Week: Top Gainers

The first quarter of this year was eventful for several reasons, not the least of which was the rebound that took place from the apparent economic turmoil in the fourth quarter of last year. Rebounds were made in global equity markets, economic data, as well as in LPG loadings.

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LPG Week: Still Feeling The Pain

The deadline for trade discussions between the US and China came and went at the end of March without an agreement being struck. It had been thought that the selloff in global equity markets at the end of 2018 and a general slowdown in the US and Chinese economies over the past year would put pressure on leaders to come to a deal

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LPG Week: Another US Surge

The rise in US production of natural gas liquids from shale plays has outpaced new sources of demand in recent years, which in turn has created a surplus of LPG supplies. The surplus has been alleviated mostly through exports, and export capacity is up tenfold in the last seven years or so.

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