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Monthly Archives: May 2024

Oil Inspection services discussion with Amspec’s Steve Donovan

Our topic today is the role third party inspection companies play in the trade of oil & other commodities.  Today’s Guest on Tank Talk is Steve Donovan at Amspec. In this Episode, Stevie D shares discusses his back story and many industry stories.  

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Unlocking the Hidden Value of Your Storage Lease: How The Tank Tiger Can Help You Strike Gold

You may be sitting on a gold mine. That’s right, if you have a term storage lease, it is quite possible that more value can be extracted from that lease if you turn around and sublease it to another party. Of course, you might think that even if you’re sitting on a gold mine, you still have […]

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From OPEC+ Lollipops to Market Haircuts: Navigating the Turbulent Waters of Oil Prices and Economic Signals

We could be going from the OPEC+ lollipop to a bad haircut. Oil prices suffered their greatest weekly loss in three months as concerns about stalled economic growth became more prominent.  Compounding this concern was a large build in inventories combined with increasing US crude production. The EIA reported a 4% drop in gasoline demand year over year. We […]

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Warm Trends, Cool Markets: A Week in Review – Distillate Contango in NY Harbor

Climate change. No matter what your scientific, political ,economic or superstitious position is on this topic, there’s no question that things are getting warmer. Now if you want to debate the cause and effect, that’s an equine of a variable hue. We might never really know what’s causing it to get warmer..… Well, my temperature’s rising, and my […]

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Oil Market Discussion with Carl Larry at Marex

Today’s Guest on Tank Talk is Carl Larry VP Energy Futures Clearing Sales at Marex. In this Episode, Carl shares his perceptions on the current oil markets, insights on inventories, and commodity Data.  

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