|SHIPPING RATES & BUNKERS ( 10:30am ET )|
|DIRTY TANKER (KT - $/day)||VOYAGE||SPOT TCE EARNINGS||2019 AVG. RATE|
|CLEAN TANKER (KT - $/day)||VOYAGE||SPOT TCE EARNINGS||2019 AVG. RATE|
|TIME CHARTER (KDWT)||1YR ECO RATE ($/day)||NEWBUILD PRICE ($M )||SECONDHAND 5YR PRICE ($M)|
|VLCC , 200+||35,000||93.0||69.0|
|US FLAG (KT - $/day)||VOYAGE||WEEKLY SPOT RATE||2019 AVG. RATE|
|LNG ($/day)||WEEKLY SPOT RATE||CURRENT MONTH RATE||2019 AVG. RATE|
|160M3 Tri-fuel diesel electric (West)||56,000||56,667||55,000|
|138-150M3 Steam turbine (West)||38,000||38,667||38,360|
|160M3 Tri-fuel diesel electric (East)||53,000||53,667||52,040|
|138-150M3 Steam turbine (East)||34,000||34,667||35,760|
|LPG (KT)||LAST POSTED SPOT RATE ($/mt)||SPOT TCE RATE ($/day)|
|VLGC, 44 (AG-Japan)||76.14||60,277|
|BUNKERS ($/mt)||IFO 380||MDO|
Output Cuts Boost Asia Oil Refining Margins to Highest Since Sept 2017: Data
Asia oil refining margins have more than tripled in the past four weeks to hit their highest since September 2017 after refiners cut output and tightened fuel supplies.
Oil Markets Will See Another Glut in 2020, IEA Predicts
The energy agency said the “main message” of its closely-watched report was that oil supply in the first six months of 2019 had exceeded demand by 0.9 million barrels per day.
ADNOC CEO Al Jaber Meets With Russian Energy Minister to Discuss Partnership Opportunities
ADNOC Group has taken a strong stance on increasing foreign partnership and investment as part of its 2030 smart growth strategy. It also includes an increased focus on natural gas and downstream opportunities.
|COMMODITIES, (8:30 am CT )|
|CRUDE||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|PRODUCTS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|NATURAL GAS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|US Henry Hub||NYMEX||$/MMBtu||2.44||+0.02|
|UK National Balancing Point||ICE||$/MMBtu||4.23||-0.13|
|NATURAL GAS LIQUIDS||SOURCE||LAST PRICE (₵/gal)||LAST PRICE ($/mt)||Δ PRIOR DAY CLOSE(₵/gal)|
|US Mont Belvieu Propane (Spot)||Reuters||50.75||264.41||+0.25|
|PRICE SPREADS ($/bbl)||SOURCE||LAST PRICE||Δ PRIOR DAY CLOSE|
|Brent 3-2-1 Crack||ICE||14.13||-0.56|
|EQUITIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
|S&P 500||United States||2,999.91||+6.84|
|FTSE 100||United Kingdom||7,522.37||+12.55|
|CURRENCIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
Asphalt: Midwest wholesale asphalt markets were very active, with price ranges steady for rail and lower for barges. Flux prices were steady this week.
Oil: Prices are on track to jump this week as Storm Barry outweighing concerns of global supply glut.
Natural Gas: Prices are predicted to fall on larger than expected Inventory build.
September 11-12: S&P Global Platts 9th Annual NGLs Conference. Poten will be Exhibitors.
September 17-19: Gas Tech Exhibition & Conference
October 21-22: LNG Inrastructure Development Summitas Tech Exhibition & Conference. Silver Sponsor.