By the Numbers
As falling costs make new oil cheaper to produce, climate policies may fail unless they target demand
AJOT | November 17, 2021 | Energy | Conventional | By The Numbers
Rystad Energy’s annual cost of supply analysis has revealed that costs within the upstream sector have come down considerably in 2021, making new oil more competitive and significantly cheaper to produce.
WRI: Global Wood Pellet Markets
AJOT | November 17, 2021 | International Trade | Commodity | By The Numbers
The Netherlands and Japan have increased their market shares of globally traded wood pellets substantially over the past five years
FTR’s Trucking Conditions Index for September remains in double digits as freight rates continue to strengthen
AJOT | November 17, 2021 | Intermodal | Trucking | By The Numbers
FTR’s Trucking Conditions Index (TCI) reading for September increased marginally to 11.79 from 11.63 in August. Freight rates continued to strengthen in September, but freight volume and capacity utilization were not as beneficial to carriers as they were in July and August. FTR’s forecast remains for strong positive TCI readings well into 2022.
Solar generation was 3% of U.S. electricity in 2020, but we project it will be 20% by 2050
AJOT | November 16, 2021 | Energy | Alternative | By The Numbers
According to our Electric Power Annual, solar power accounted for 3% of U.S. electricity generation from all sources in 2020. In our Short-Term Energy Outlook, we forecast that solar will account for 4% of U.S. electricity generation in 2021 and 5% in 2022.
Oil prices recover as rest of 2021 remains bullish /Bonus comment on Nord Stream 2 developments - Rystad Energy
AJOT | November 16, 2021 | Energy | Conventional | By The Numbers
Oil prices are recovering today after the trimming of recent days, as market conditions remain bullish – albeit not without risks. The resurgence of Covid-19 infections could provide downside going forward.
European road freight market projected to grow by 8.6% in 2021
AJOT | November 16, 2021 | Intermodal | Trucking | By The Numbers
Ti’s latest market projections for 2021 show that the European road freight market is expected to grow by 8.6% year-on-year.
Global new job postings down by 8% MoM - GlobalData
AJOT | November 16, 2021 | International Trade | By The Numbers
Even though there is an increase in hiring activity through the year, companies now seem to be taking stock of actual requirements. As a result, global new job postings dropped by 8% month-on-month (MoM) in October 2021, reveals GlobalData, a leading data and analytics company.
Oil continues to fall as market reassesses supply tightness and prices in Covid-19’s resurgence - Rystad Energy
AJOT | November 15, 2021 | Energy | Conventional | By The Numbers
Oil prices are declining further this week as the market is reassessing the current supply tightness as short-lived, is pricing in the possibility of SPR reserves being released by the US, and is recognizing a downside from the global spike of new Covid-19 infections.
Agility reports KD 926.9 million net profit for the Third Quarter 2021
AJOT | November 15, 2021 | Logistics | By The Numbers
Agility, a leader in supply chain services, innovation and investment, today reported third quarter 2021 earnings of 440.34 fils per share on net profit of KD 926.9 million, an increase of 5,952.4% over the same period in 2020. EBIT increased 6.6% to KD 19.6 million, and revenue grew 27.7% to KD 124.5 million.
WorldACD: Trends for the past 5 weeks (wk 44)
AJOT | November 15, 2021 | Air Cargo | Freighters | By The Numbers
In week 44, worldwide volume decreased by -6% compared with previous week. Worldwide capacity increased by +1% week-over-week.
Oil down US Fed policy anticipation as the dollar strengthens - Rystad Energy
AJOT | November 12, 2021 | Energy | Conventional | By The Numbers
Ignoring the oil market’s tightness, oil prices are declining today as traders have to deal with a stronger dollar and prepare their portfolios for a potential interest rate hike by the US Fed.
EIA: U.S. natural gas in storage in early November is 3% below the recent average
AJOT | November 12, 2021 | Energy | Conventional | By The Numbers
As we enter winter, working natural gas in underground storage facilities in the Lower 48 states measured 3,618 billion cubic feet (Bcf) on November 5, according to our Weekly Natural Gas Storage Report released on November 10.
Second-busiest October achieved at Port of Long Beach
AJOT | November 12, 2021 | Ports & Terminals | Ports | By The Numbers
Limited capacity at marine terminals hampered imports at the Port of Long Beach last month, although volumes were still strong enough to mark the Port’s second-busiest October amid an ongoing transition to extended operating hours.
Gas market bearish but caution is advised until new supplies materialize - Rystad Energy
AJOT | November 04, 2021 | Energy | Conventional | By The Numbers
The gas market sentiment has turned bearish but there are plenty of reasons for traders to be cautious until new supplies materialize.
Oil back up on expected OPEC+ conservatism - Rystad Energy
AJOT | November 04, 2021 | Energy | Conventional | By The Numbers
Oil prices are rising today as the market is bullish ahead of the OPEC+ meeting, expecting conservatism to prevail and the group’s supply policy to stay modest and unchanged.
U.S. International Trade in Goods and Services, September 2021
AJOT | November 04, 2021 | International Trade | By The Numbers
The U.S. Bureau of Economic Analysis (BEA) has issued the following news release today
Low jet fuel demand and structural obstacles push West Africa’s crude output into lasting decline
AJOT | November 04, 2021 | Energy | Conventional | By The Numbers
Global oil production is slowly recovering towards pre-Covid-19 levels, but in West Africa the pandemic is set to leave lasting effects.
Added transnational oil pipeline capacity could reduce crude oil shipped by rail
AJOT | November 04, 2021 | Energy | Conventional | By The Numbers
The Enbridge Line 3 replacement pipeline, which delivers crude oil from Edmonton, Alberta, in Canada to Superior, Wisconsin, became fully operational on October 1, 2021, increasing the pipeline’s capacity to 760,000 barrels per day (b/d).
Port of Kapellskär freight up 18 percent
AJOT | November 04, 2021 | Ports & Terminals | Ports | By The Numbers
This underlines how valuable the port is for the important supply of goods to the growing Stockholm region.
Canada’s trade surplus widens even amid auto-sector slump
Bloomberg | November 04, 2021 | International Trade | By The Numbers
Canada’s trade surplus with the rest of the world unexpectedly widened in September as the nation benefited from higher oil prices.
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