By the Numbers
Rystad Energy’s daily market comment from our Vice President for Oil Markets Paola Rodriguez Masiu
AJOT | February 16, 2021 | Energy News | Conventional | By The Numbers
Tuesday is a perfect day to showcase the reasons Brent and WTI don’t always move towards the same direction, despite what the market is used to.
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
AJOT | February 15, 2021 | By The Numbers
Another psychological price ceiling was broken today and WTI also surfaced over $60, helped by weather-related production revisions, tensions in the Middle East and an overall positive sentiment over a balanced market.
Dubai Airports traffic slumps 70% in 2020 on Covid-19 lockdowns
Bloomberg | February 15, 2021 | Air Cargo News | Airports | By The Numbers
Dubai International Airport reported a 70% slump in traffic last year as restrictions in place to stem the spread of the coronavirus pandemic put the air travel industry into a tailspin.
Brent Oil Posts Fourth Weekly Gain With Global Surplus Dwindling
Bloomberg | February 12, 2021 | Energy News | Conventional | By The Numbers
Oil in London climbed for a fourth straight week as efforts to clear an oil surplus are seen holding the market over until demand comes back in force.
December 2020 Freight TSI rose to highest level since start of pandemic
AJOT | February 12, 2021 | Intermodal News | Road | By The Numbers
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, rose 2.7% in December from November, rising to the highest level since the start of the pandemic, according to the U.S. Department of Transportation’s Bureau of Transportation Statistics’ (BTS).
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
AJOT | February 12, 2021 | Energy News | Conventional | By The Numbers
Oil prices can’t be rising forever, especially in a market where producers scramble to limit the supply beast while demand fails to meet fast recovery hopes.
Demand still strong heading into CNY, though ocean rates stay level
AJOT | February 12, 2021 | Maritime News | Liner Shipping | By The Numbers
Ocean rates out of Asia stayed level this week, even as some manufacturing in China will stay open over Chinese New Year to meet still-surging demand.
FTR reports preliminary trailer orders fell in January after 4-month run of robust orders
AJOT | February 12, 2021 | Intermodal News | Road | By The Numbers
FTR reports that preliminary U.S. net trailer orders came in at 30,000 units for January, falling 34% from the robust December numbers. However, January 2021 orders were 83% higher than last January. Trailer orders for the past twelve months total 313,000.
Oil’s red-hot rally fizzles with virus continuing hold on market
Bloomberg | February 11, 2021 | Energy News | Conventional | By The Numbers
Oil slipped below $58 a barrel as a recent rally fizzled with the Covid-19 pandemic continuing to weigh on the demand outlook and as one technical indicator signaled prices may have climbed too far, too fast.
EIA projects renewables share of U.S. electricity generation mix will double by 2050
AJOT Administrator | February 08, 2021 | Energy News | Conventional | By The Numbers
In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050.
Rystad Energy’s daily market comment from our Vice President for Oil Markets Paola Rodriguez Masiu
AJOT | February 08, 2021 | Energy News | Conventional | By The Numbers
Oil prices started the week on a bullish note as the market prices in a number of price-positive developments. But breaching 60 dollars is also a psychological achievement.
WorldACD: Trends for the past 5 weeks (wk 04)
AJOT | February 08, 2021 | Air Cargo News | Freighters | By The Numbers
WorldACD's latest views on air cargo market developments, covering each of the last 5 weeks up till Sunday 31 January.
World Container Index - 04 Feb
AJOT | February 04, 2021 | Maritime News | Liner Shipping | By The Numbers
Drewry’s composite World Container index decreased 0.4% to $5,228.71 per 40ft container.
Airlines Operated 97% Fewer Flights in 2020 than in 2019 as Passenger Traffic Growth Fell by 67%
AJOT | February 04, 2021 | Air Cargo News | Airports | By The Numbers
The year 2020 was one of the most challenging years for the aviation industry. The passenger traffic during the year fell by 67% year-over-year (YoY).
Global installed offshore wind capacity to see 37% growth in 2021, fueled by China
AJOT | February 04, 2021 | Energy News | Conventional | By The Numbers
Despite the Covid-19 pandemic, the world’s installed offshore wind capacity rose by 15% in 2020, reaching 31.9 gigawatts (GW) at year-end, from 27.7 GW at the end of 2019, Rystad Energy estimates. China was the main contributor in 2020, accounting for 39% of last year’s additions, followed by the Netherlands (18%) and the UK (17%).
Rystad Energy’s take from our Head of Oil Markets Bjornar Tonhaugen
AJOT | February 04, 2021 | Energy News | Conventional | By The Numbers
Today’s OPEC+ meeting could be paving the way for a gradual production ramp-up from April onwards, the details of which the OPEC+ group will likely debate in the next monthly meeting. The size of a possible ramp-up, which we expect will not be too aggressive, will determine the direction that oil prices will take in coming months.
‘November volumes in January’ as air cargo load factors produce a positive start to 2021
AJOT | February 03, 2021 | Air Cargo News | Freighters | By The Numbers
Exceptional global air cargo load factors in the last two weeks of January saw 2021 begin with an unusual New Year ‘peak season’ as demand and supply were closely matched, according to the latest weekly market data from industry analysts CLIVE Data Services and TAC Index.
Port of Baltimore continues strong rebound from COVID-19 impacts
AJOT | February 03, 2021 | Ports & Terminals | Ports | By The Numbers
Port Closes Out 2020 With Significant Gains, Narrowing the Gap in Year-End Totals
Freight is up nine percent at Port of Kapellskär
AJOT | February 03, 2021 | Ports & Terminals | Ports | By The Numbers
There is an upward trend in freighted goods at Port of Kapellskär, Ports of Stockholm’s largest freight port. Despite the worldwide pandemic, freight volumes in 2020 increased nine percent compared to the previous year.
Argentina’s Vaca Muerta tight oil deposit is now producing at record levels, matching US well scores
AJOT | February 03, 2021 | Energy News | Conventional | By The Numbers
The oil production decline that the Covid-19 pandemic brought to Argentina’s Vaca Muerta formation now seems like a distant memory.
