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Weekly Tanker Time Charter Estimates

Weekly Tanker Time Charter Estimates, June 07 2017

Tensions in the Middle East flared up on Monday, when Saudi Arabia, Egypt, the UAE and Bahrain cut off ties with Qatar, accusing it of supporting terrorism.

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Weekly Tanker Time Charter Estimates, May 31 2017

In the latest medium-term Oil Market Report published by the IEA, there are optimistic forecasts that the oil market will be gradually tightening due to lower upstream investments and growing oil demand.

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Weekly Tanker Time Charter Estimates, May 24 2017

According to ministers and delegates, oil producers group is very likely to extend production cuts for another 9 months,  in order to tackle the global glut of crude.

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Weekly Tanker Time Charter Estimates, May 17 2017

Despite output cuts that Saudis and Russians push to extend, oil prices fell on Wednesday after reports showed an increase in US crude inventories.

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Weekly Tanker Time Charter Estimates, May 10 2017

Earlier this week analysts reported that Saudi Aramco will cut exports to Asia by almost 7 Mbbls in June.

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Weekly Tanker Time Charter Estimates, May 03 2017

Latest reports showed that the decrease of US crude stocks was higher than expected and this assisted in the rebound of the oil prices from 2017 lows.

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Weekly Tanker Time Charter Estimates, April 26 2017

According to the latest reports crude stocks 900K bbl during last week, defying expectations of a decrease of 1.7M bbls,

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Weekly Tanker Time Charter Estimates, April 19 2017

Despite the fact that oil steadied today, analysts are worried that prices can be vulnerable due to the rising US inventories.

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Weekly Tanker Time Charter Estimates, April 12 2017

The Brent oil price is up for 8 weeks in a row, as there are indications of a possible extension to the supply cuts.

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Weekly Tanker Time Charter Estimates, April 05 2017

Oil prices rally after bullish U.S. supply data which showed US crude oil inventories fell by 1.8 M bbls last week.

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Weekly Tanker Time Charter Estimates, March 29 2017

Oil is ticking up again after the pipeline halt in Libya and the concerns that US surplus is diminishing.

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Weekly Tanker Time Charter Estimates, March 22 2017

Oil prices slipped to 3-months lows today, as data showed US inventories rising faster than the expectations, putting pressure on OPEC to extend output cuts.

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Weekly Tanker Time Charter Estimates, March 15 2017

The price of oil fell to the 4-month low after the report from OPEC which revealed that the North American oil exports changed cartel’s plan to drain the global market glut.

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Weekly Tanker Time Charter Estimates, March 08 2017

The American Petroleum Institute reported a build-up of 11.6Mbbl in US crude inventories, which was 10 times more than the analysts had predicted.

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Weekly Tanker Time Charter Estimates, March 01 2017

Oil majors reported poor earnings for the 4Q 2016, although many oil executives feel optimistic about the forthcoming period.

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