|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||56,000||55,107|
|138-150M3 Steam turbine (West)||38,000||38,000||38,321|
|160M3 Tri-fuel diesel electric (East)||53,000||53,000||52,143|
|138-150M3 Steam turbine (East)||34,000||34,000||35,571|
|LPG (KT)||LAST POSTED SPOT RATE ($/mt)||SPOT TCE RATE ($/day)|
|VLGC, 44 (AG-Japan)||73.71||60,104|
|BUNKERS ($/mt)||IFO 380||MDO|
Trump Says US Ship Downed Iran Drone; Tehran Denies Losing One
The drone was a threat to the amphibious assault ship and its crew, Trump said at the White House on Thursday, in the latest sign of escalating military tensions around the critical oil chokepoint.
What a Failed Iran Deal Would Mean for Oil Prices and Military Tensions
The direction of oil prices will depend on what Iran does with its nuclear program in the event of the deal’s termination, and whether Tehran’s strategy prompts a military response
Exclusive: Italian, Chinese Majors Vie in Pakistan's Mega LNG Tender
The 240-cargo 10-year tender, which is likely to be worth from $5 billion to $6 billion according to Reuters calculations and the estimates of another source based on current market conditions, was issued last month and closed on Thursday.
|COMMODITIES, (8:30 am CT )|
|CRUDE||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|PRODUCTS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|NATURAL GAS||SOURCE||UNIT||LAST PRICE||Δ PRIOR DAY CLOSE|
|US Henry Hub||NYMEX||$/MMBtu||2.29||+0.00|
|UK National Balancing Point||ICE||$/MMBtu||3.76||+0.14|
|NATURAL GAS LIQUIDS||SOURCE||LAST PRICE (₵/gal)||LAST PRICE ($/mt)||Δ PRIOR DAY CLOSE(₵/gal)|
|US Mont Belvieu Propane (Spot)||Reuters||51.13||266.39||-0.50|
|PRICE SPREADS ($/bbl)||SOURCE||LAST PRICE||Δ PRIOR DAY CLOSE|
|Brent 3-2-1 Crack||ICE||13.01||-0.08|
|EQUITIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
|S&P 500||United States||2,995.11||+10.69|
|FTSE 100||United Kingdom||7,511.49||+18.40|
|CURRENCIES||REGION/COUNTRY||LAST VALUE||Δ PRIOR DAY CLOSE|
LNG: We have seen some interest in European reloads in recent weeks, with a couple loading's in early July ex Netherlands and France. However, a narrowing arb and volatility in pricing have stalled these for the time being and Charterers continue to monitor the situation, looking for potential reload opportunities.
Asphalt: Midwest retail markets became active again post-Holiday, with prices generally steady.
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 Infrastructure Development Summit Tech Exhibition & Conference. Silver Sponsor.