Video: Oil Market Is on a Razor’s Edge, Says FGE’s Fesharaki

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By The Numbers, 10/10/2018

The EIA published its Weekly Petroleum Status Report.  Here are some highlights.  All items are in millions of barrels per day except inventories, which is billions total.  Dates are defined as week ending averages, except utilization rate which is a four week ending average.  The full report can be found here. Item 10/3/18 9/21/18 Refinery…

Press Release: Asia’s Fuel Subsidies Not Enough to Support Oil Demand Growth

BOSTON, MA, October 12, 2018 Fuel price increases will outpace Asian governments’ ability to offset them with subsidies, according to ESAI Energy’s recently published Asia Watch. India, Malaysia, and the Philippines have already boosted subsidies for gasoline and diesel and Indonesia could soon follow, with national elections coming in 2019. But weakening local currencies are…

Is the Environment Harsh for HE Semisubs?

I had the opportunity to speak with Claudette Gaius, Market Analyst, EPEUS, UK, at the IADC Contracts and Risk Management Conference, held in Houston this week.  She and her colleagues at EPEUS have written a white paper on the global supply and demand for HE Semisubs. Here are a few of the major points: HE…

Press Release: The Revolutionary Intermodal Warehouse System™ by Sea Box Inc.

EAST RIVERTON, N.J., -- Traditional transport procedures involve complex steps that slow the process, putting cargo and personnel at risk, while costing suppliers at every stage of the journey. As a solution to these challenges, SEA BOX, Inc., a leading manufacturer of shipping & storage containers, has introduced the Intermodal Warehouse System™ (IWS), which ensures…