Author archives: Edward Hutton

Ship Fuel Supply May Rise as Virus Hits Other Oil Products

Ship Fuel Supply May Rise as Virus Hits Other Oil Products The demand destruction in transportation fuels caused by the coronavirus pandemic is providing an incentive to produce more IMO 2020-compliant ship fuel, according to a report from Energy Aspects dated April 30. Decline in jet fuel demand could easily push up diesel yields by …

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Oil Tankers Drag Out Sailing Times as Surplus Snarls Ports

Oil Tankers Drag Out Sailing Times as Surplus Snarls Ports When the supertanker New Vigorous arrived at the port of Antifer in northern France last Saturday, it made a small bit of maritime history. The vessel, laden with 2 million barrels of crude, became the first in almost two years to make the voyage from …

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Unexpected Gain in Chinese Exports Is Seen as Temporary

Unexpected Gain in Chinese Exports Is Seen as Temporary China’s exports unexpectedly rose in April aided by stronger shipments to South East Asia, though with the coronavirus pandemic damaging global demand that increase is likely to be temporary. Imports fell. Exports rose 3.5% in dollar terms in April from a year earlier, while imports dropped …

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