Mar 30, 2021
The oil futures market has been volatile on news that a large container ship was blocking the Suez Canal, a key artery for petroleum shipments, but do spot markets give a better indication of the impacts on global trade flows?
Why are producers remaining so focused on growth in Guyana, considering softer demand growth...
Mar 25, 2021
Recent dynamics driving unseasonably high JKM and TTF pricing, ranging from elevated carbon pricing and LNG outages creating supply disturbance in Asia, have further illustrated the emerging global links driving natural gas pricing.
Beyond these current dynamics, European and US storage exit winter at lower levels than...
Mar 24, 2021
The International Maritime
Organization has approved amendments to its MARPOL Annex VI
regulations, introducing an Energy Efficiency Design Index (EEDI)
that is expected to come into force in 2023.
S&P Global Platts container editor George Griffiths and tankers editor Charlotte Bucchioni look at what these new...
Mar 24, 2021
The cost to ship goods on containers are climbing as additional premiums, such as the priority-loading premium, take hold in the market. The premium, which can be from 50-70% over the freight all kinds rate for Southeast Asia to the US and Europe routes, ranges from $2,000-3,500/FEU.
S&P Global Platts Container Market...
Mar 19, 2021
Mexico's Pemex recently announced it had discovered more than 1.2 billion barrels of oil equivalent in an onshore complex in the state of Tabasco, near the site where the company is planning to build its Dos Bocas refinery.
That's a large discovery, but there are serious questions about Pemex's ability to reach its...