After moderate losses yesterday, oil markets are heading towards higher ground. Oil prices yesterday gave up 60 cents, a notable -1%, as the December contract expired, showing that markets lack confidence in physical supply tightness next month. The contract now rolls over to January, which traded[…]
ALEXANDRIA, Va. – Global efforts to address transport-related greenhouse gas emissions and air pollution, as well as mitigate congestion in major cities, will have a noticeable impact on fuels and vehicles markets around the world. In fact, a majority of countries have already implemented relevant[…]
Markets continue to recover following Hurricanes Harvey and Irma. After all the hype related to Irma’s record strength, the impact on fueling infrastructure has been minimal. Most terminals are back in operations at this point, and vessels are rushing in to re-supply terminals in Tampa and Pt.[…]
Irma has blown through Florida quite quickly, with South Florida already beginning to assess the damage from the storm. The storm has progressively lost its force, downgrading to a Category 1 as it tracked passed Tampa and now falling to Tropical Storm status. The storm’s center is expected to[…]
The latest models show Hurricane hitting the center of Florida as a Category 4 hurricane and tracking directly through the middle of the state. With a diameter of roughly 400 miles, Irma will impact both sides of the state, though the east coast will be the most heavily impacted as the storm’s[…]
Hurricane Irma is still forecast to hit, or at least scrape, Florida, bringing catastrophic damage to Miami and along the coast regardless of the path it takes. The latest NHC models show the storm’s path hugging the eastern coastline or traveling through Florida.