Brazilian crude exports to Europe are ticking higher so far this year as appetite for heavy grades stands strong following the new regulation on marine fuels, known as IMO 2020. Brazilian loadings bound for Europe have been kicking higher so
As some regions increased their market share in Northwest Europe last year, others faded away. The flow of middle distillates from the United States declined 18% from 154,000 bpd in 2018 to 127,000 bpd in 2019. The result of a
Algeria delivers the majority of its crude and condensate to the European market. Deliveries to Northwest Europe, Algeria’s top customer, have been running at an average of 314,000 barrels per day through the first 10 months of 2019, some 15
European gas futures prices remain stable to bearish on reduced Norwegian gas flows, strong cooling demand from SW Europe while LNG & gas stock level kept increasing with higher number of LNG vessels arrival outlook.
European gas futures prices fell on weak demand from NW Europe, improved Norwegian & Russian gas flows, healthy LNG vessels arrival outlook and adequate LNG & gas stock level.
Over the last six months, the spread between prices of propane in Northwest Europe and North Africa has seen several erratic moves that created large impacts on flows of LPG between the two regions.
European gas futures prices fell due to bearish coal prices, healthy LNG vessel arrival outlook and mild weather demand in NW Europe, while Norwegian gas remained low on maintenance at Emdem & Zeebrugge terminals. The week-on-week basis average LNG send-out
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