Renaud Saleur

The Ukrainian war has had a very positive impact on product tankers as the diesel is very much in demand. Russia is a big provider of diesel to Europe and…

With the USA cutting Russian oil imports and with the perspective of a come back of Iran, better times shine for tankers. The Scrap value is now close to the…

Crude are getting close to $100 as Russia is close to invade Ukraine and the USA deciding on sanctions. Europe is too dependant on Russian gas to withstand a fossil…

The Iran deal, should it occur, would be a major positive for oil tankers. Not so much because of more oil on water – The Iranian crude is already making…

As Brent is gaining momentum and inventories (oil and Gas) record low, all eyes are turning to the tanker market. It is the time of the year when inventories start…

After a good start of the year, tankers went full speed back to square 1 since mid-October. The Dirty tanker Index fell from 842 to 788 and is up on…

As China is in a GO phase in its recent Stop and Go policy and as Omicron so far is not the Silent Killer we feared, we may have a…

Whereas tankers are very slow to perform and as we saw the Baltic Dirty Tanker Index consolidates a little, our favourite stocks (Teekay, Euronav and Frontline) went down. It will…

Although the Baltic Dirty Tanker index keeps going up and although OPEC+ put 400,000 barrels of oil more on water, the tankers share prices have not performed well (see attached…

More and more pressure is being put on OPEC + to pump more oil. We think OPEC + will stick to 400,000 barrels + as Covid 19 is making a…