Back in March, ClipperData unveiled its first forecast for marine fuel demand between 2020 and 2025. In recent weeks, we have updated our projection ahead of the IMO’s forthcoming 0.5 percent sulfur cap. In our initial projection, we forecasted that
Global exports of liquefied natural gas in July totaled approximately 30.7 million tons on board 507 vessels, considerably higher than July 2018’s pace of 26.7 million tons. Approximately 30.5 million tons arrived on 514 vessels at import terminals in July,
LNG Market Analysis Global export loadings of liquefied natural gas in June totaled approximately 30.9 million tons on board 487 vessels, considerably higher than June 2018’s pace of 25.2 million tons. Approximately 30.9 million tons arrived on 490 vessels at
LNG Market Analysis Global export loadings of liquefied natural gas last month totaled approximately 31.3 million tons on board 511 vessels, considerably higher than May 2018’s pace of 24.1 million tons. Approximately 31.2 million tons arrived on 517 vessels at
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.
A big drain on US crude oil inventories and building anticipation ahead of the July conference for OPEC+ partners pushed crude oil prices sharply higher on Wednesday. Oil prices closed at $66.28/bbl for Brent and $59.25/bbl for WTI.
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.
Crude oil prices moved between small gains and small losses on Tuesday as weak economic data competed with an Iranian risk premium. Oil prices closed at $65.13/bbl for Brent and $57.89/bbl for WTI.
Crude oil prices traded in mixed territory on Monday, mirroring the mixed messages on Washington’s strategy on Iran. Oil prices closed at $64.91/bbl for Brent and $57.85/bbl for WTI.
After President Trump said the region was a mere 10 minutes away from conflict, concerns about war in the Persian Gulf drove oil prices higher on Friday. Oil prices closed at $64.58/bbl for Brent and $57.64/bbl for WTI.
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