Despite the phony propped up backwardation that we’re seeing in the oil markets, The Tank Tiger has been fielding inquiries for tank storage. Last week we published requests for Ethanol, Gasoline, Diesel, Base Oil, Lube Oil, Renewable Diesel, and crude oil covering the US Gulf Coast, US East Coast and the Pacific Northwest. If you’d like to […]
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Last week The Tank Tiger fielded a cornucopia of storage inquiries including Veg Oil, Distillate, fuel oil, Surfactant, Polyol, Clean Products and Marine Gas Oil. We’re pleased to say that we were able to hook up most of these inquiries for a potential storage deal with our terrific terminal operators. We’d like to think that no one […]
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Who let the bulls out? Woof woof. The days are getting shorter, but things aren’t getting any cooler – in our atmosphere or in the energy markets. For the week, both crude benchmarks were up about 3% after gaining about 4% last week. Brent ended the week at $85.24 a barrel and WTI crude settled at $80.73, gaining back […]
In this Episode we continue our theme from last week of the power of data in oil trading space. Today’s Guest on Tank Talk is Dr. Florian Thaler, Head of OilX at Energy Aspects. Prior to OilX, Florian worked at oil major Shell in Hamburg and London in various oil analytics roles before moving to […]
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New Year…..same shizzle? Lil bit…not xactly. When the US Shale boom first ignited in the last decade, production growth was driving the bus and capital discipline was a big joke. Fast forward to today. The year 2023 saw the U.S. hit a record crude oil production level of over 13.2 million barrels per day—more than any other country […]
Read moreTank Talk sits down with the KPLER team Matt Smith & Marshall Hooper. Matt is the Lead Analyst for the Americas & Marshall is the Head of Partnerships, Americas. In this Episode Matt breaks down potential cargo flow arbitrages & macro oil economics and Marshall tells us the origin story how KPLER grew from a […]
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Over the weekend, millions of people around the world took to the streets demanding an end to fossil fuels and a rapid transition to clean energy sources. Although the ambitious plan is to convert to renewables within 5 years, that’s just not possible. In reality, we’re looking at 20 to 30 years instead of 5 years, and fossil […]
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Last week the 10-year U.S. Treasury yield hit its highest level in over 15 years and netted its fifth straight week of gains. Since the yield curve is still inverted, there appears to be more room for the the 10-year to run, which could really make potential first-time home buyers cringe as mortgage rates climbed over […]
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Showing no sign of fatigue, crude prices continued to climb last week, finishing 0.4% higher for the week at $83.19 – notching its seventh consecutive weekly gain. It’s not quite Joe Dimaggio, but that’s a pretty healthy streak. Global demand has been persistent and the pledge from OPEC+ to cut supply so far remains resolute. We’ll have to watch […]
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