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ESAI ENERGY IN THE NEWS

Jet keeps driving European distillate demand growth in 2019

Hellenic Shipping:

According to ESAI Energy’s recently released Europe Watch Products, European jet fuel demand will rise by just 30 000 bpd this year, compared with 60 000 and 80 000 bpd in 2018 and 2017, respectively, as growth in both passenger and freight air traffic continues to slow. Nevertheless, jet fuel will continue to account for the vast majority of total distillate demand growth in the region.

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Jet keeps driving European distillate demand growth in 2019

Hydrocarbon Engineering:

According to ESAI Energy’s recently released Europe Watch Products, European jet fuel demand will rise by just 30 000 bpd this year, compared with 60 000 and 80 000 bpd in 2018 and 2017, respectively, as growth in both passenger and freight air traffic continues to slow. Nevertheless, jet fuel will continue to account for the vast majority of total distillate demand growth in the region.

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Will 2019 Be More Dangerous for the U.S. and China?

Another naval incident in the South China Sea has the U.S. claiming freedom of navigation and China claiming provocation. Military conflict remains unlikely, but relations between China and the U.S. are fraying beyond just the trade war. The continued economic clash with Washington coupled with a Chinese economic slowdown, policy uncertainty in Washington, and the possibility of provocative actions by Taiwan or Japan could precipitate more serious conflict.

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Bad-mouthing competitors is hitting below the belt

Houston Chronicle:

The West Texas bottleneck is costing Texas companies, investors and workers millions of dollars a month in lost revenue. Pipeline companies are responding, but their plans will move the bottleneck only from Midland to the Gulf Coast, where crude will again pile up, according to ESAI Energy, an independent energy market analysis firm.

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