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 […]
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 […]
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 […]
Read moreToday’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.
The energy markets had an itchy trigger finger as Israel and Iran heightened their sabre rattling that had initially stoked fears of a potentially massive escalation. Fortunately, the actual activity more resembled a scripted WWE match with telegraphed pulled punches and fake chair smashes across the head. The final retaliation by Israel was essentially a stern warning, with limited […]
Acetone Storage Demand resurgence Recent data from The Tank Tiger’s Storage Demand Data indicates a notable uptick in Acetone/Solvents storage demand along the US Gulf Coast. This surge in demand is anticipated to substantially augment inventory levels within the region. As inventories accumulate, there’s a looming possibility of exerting pressure on domestic Acetone prices, […]
The energy markets were certainly roiled last week as it was made clear to the world that Iran would respond promptly to the April 1 Israeli airstrike to the Iranian consulate annex building adjacent to the Iranian embassy in Syria. As predicted, and announced, there was a large scale assault against Israel that emanated from Iranian […]
Introduction to US oil terminals As the demand for oil and petroleum products continues to rise, the need for efficient and secure storage facilities becomes increasingly crucial. One of the best options available for businesses in the United States is utilizing a US oil terminal for local storage. These terminals are strategically located throughout the […]
Image Source: FreeImages Introduction to Gulf oil terminals As someone involved in the oil industry, you understand the critical role that terminals play in the smooth functioning of oil operations. Gulf oil terminals, in particular, are known for their strategic locations and world-class facilities. These terminals serve as crucial hubs for the storage, transportation, and […]
Tank Talk
