Poten's Weekly Opinion: Back to the Future

Jun 15 2021


By the end of 2022, oil demand should exceed 2019 levels.

This morning, the International Energy Agency (IEA) came out with their June Oil Market Report (OMR). In this report, the IEA expands its forecast horizon by a year and the agency is now providing a forecast through the end of 2022. The U.S. Energy Information Administration (EIA) already put out numbers for next year.

 

In this week's Tanker Opinion, we will compare and contrast the IEA and EIA numbers to see what they expect for the oil markets. We will also try to interpret the implications for the tanker market.

 

Download The Weekly Opinion

 



Related News

How maritime risk is changing – ICS webinar

(Sep 16 2021)

The maritime risk landscape is changing in multiple ways – much of it driven by Covid and environmental issues, and also cybersecurity. ICS held a webinar to discuss, with speakers from IGP&I, Marsh and Suardiaz Group.



Poten's Weekly Opinion: Running Out Of Gas

(Sep 16 2021)

South Africa at risk of losing its refining industry.



SSY Market Review - Shipping, Commodities and Energy

(Sep 16 2021)

The latest SSY market report - which includes comprehensive insight and analysis on shipping, commodities and energy markets.



Buyers are so hungry for LNG that tankers are lining up off Qatar

(Sep 16 2021)

More than a dozen liquefied natural gas tankers await their turn to fill up at Qatar’s port of Ras Laffan.



China notifies new rules to regulate foreign ships in its waters

(Sep 09 2021)

In a bid to regulate foreign ships, China notified new maritime rules warranting vessels carrying radioactive materials, bulk oil, chemicals and a host of other supplies to report the details of the cargos upon their entry into Chinese waters.



Aug-Sept 2021

Sea Cargo Charter - ship recycling - CO2 from tank cleaning - fixing damaged propeller blades