CPC Blend Exports to Soar

BOSTON, MA, September 6, 2017 CPC Blend Exports to Soar By the end of this year, higher Kashagan production will cause CPC Blend exports to climb to 1.4 million b/d, according to ESAI Energy’s newly published CIS Watch. By comparison, in the year through August the flow of CPC Blend exports fell short of 1.2…

International Marine Organization’s (IMO) sulfur content cap on bunker fuels, will destroy fuel oil demand

BOSTON, MA, August 18, 2017 International Marine Organization’s (IMO) sulfur content cap on bunker fuels, will destroy fuel oil demand In its recent five-year outlook on petroleum products, ESAI Energy examines the implementation of the International Marine Organization’s (IMO) 0.5 percent sulfur content cap on bunker fuels, which is slated to take effect globally in…

North Korea – Strategic Misperceptions

This morning the Trump Administration indicated that U.S. policy towards North Korea is moving from “strategic patience” to “strategic accountability”. That summary of the current situation seems far less bellicose than recent statements by either side. Moreover, U.S. policy is focused on encouraging China to step in more proactively, which gives the impression that U.S. direct action is still arm’s length away. Yet, as discussed below, misperceptions on both sides could quickly lead either side to escalate from statements to action.