By the Numbers

Rystad Energy’s take from our Head of Oil Markets Bjornar Tonhaugen

AJOT | February 04, 2021 | Energy | 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
‘November volumes in January’ as air cargo load factors produce a positive start to 2021

AJOT | February 03, 2021 | Air Cargo | 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
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
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 | 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.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | February 03, 2021 | Energy | Conventional | By The Numbers

If there is something bullish traders love, that is stock draws and deficits, and today there is strong news on both to trade on.

Clipper Data: Asian LPG Imports Jump in January
Clipper Data: Asian LPG Imports Jump in January

AJOT | February 03, 2021 | Energy | Conventional | By The Numbers

Global LPG flows maintained their recovery in January, with an increase not only seen into China, which has been leading the global economic recovery, but also into Japan, South Korea, France and Egypt.

Oil extends gain from 1-year high as lower stockpiles aid rally

Bloomberg | February 03, 2021 | Energy | Conventional | By The Numbers

Oil extended gains after closing at the highest level in more than a year as declines in U.S. and Chinese crude stockpiles added impetus to a rally driven by tightening global supplies.

Seeing awards plunge to a 16-year-low, these suppliers are better placed for a life-or-death transition
Seeing awards plunge to a 16-year-low, these suppliers are better placed for a life-or-death transition

AJOT | January 20, 2021 | Energy | Conventional | By The Numbers

Oil and gas supply chain companies have seen their profits squeezed since the E&P cost cuts of the previous downturn – and just as the industry could finally hope for better days, the Covid-19 pandemic caused the value of 2020’s awarded contracts to slump to a 16-year low of $446 billion.

Etihad Cargo Reports 50% Y-O-Y Rise in Pharma Shipments

AJOT | January 20, 2021 | Air Cargo | Freighters | By The Numbers

Carrier operates across more than 1,050 pharma trade lanes and counts 54 dedicated pharma stations in its global network

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | January 20, 2021 | Energy | Conventional | By The Numbers

Traditionally ahead of a major event, such as a new US presidential inauguration, markets are filled with enthusiasm for a new policy era, and oil markets are no exception.

Tighter US corn and soybean carry-out intensifies Spring acreage battle
Tighter US corn and soybean carry-out intensifies Spring acreage battle

AJOT | January 20, 2021 | International Trade | Commodity | By The Numbers

Tighter US Corn and Soybean Carry-out Intensifies Spring Acreage Battle; Wheat Rallies with Export Constraints and New Crop Supply Concerns

ATA Truck Tonnage Index Jumped 7.4% in December
ATA Truck Tonnage Index Jumped 7.4% in December

AJOT | January 20, 2021 | Intermodal | Trucking | By The Numbers

American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index increased 7.4% in December after rising 3.2% in November. In December, the index equaled 120 (2015=100) compared with 111.7 in November.

Great Lakes-St. Lawrence Seaway System reports strong 2020 navigation season
Great Lakes-St. Lawrence Seaway System reports strong 2020 navigation season

AJOT | January 19, 2021 | Ports & Terminals | Canal and Waterway | By The Numbers

American and Canadian ports in the Great Lakes-St. Lawrence Seaway system reported that overall tonnage during the 2020 navigation season was down just 1.7 percent compared to the 2019 navigation season, despite facing a challenging year.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen

AJOT | January 19, 2021 | Energy | Conventional | By The Numbers

The market is looking forward to a new round of positive signals and today’s oil price uptick has a lot to do with US developments.

The bull run is wreaking havoc with cargo delays in major ports
The bull run is wreaking havoc with cargo delays in major ports

AJOT | January 18, 2021 | Maritime | Liner Shipping | By The Numbers

Ocean Insights’ cargo delay statistics show how the bull run is wreaking havoc on the market, with surging rollover rates across major ports during December and most major carriers seeing increases in delays.

The UK offers operators best profit conditions to develop big offshore fields; Kuwait, Canada follow
The UK offers operators best profit conditions to develop big offshore fields; Kuwait, Canada follow

AJOT | January 18, 2021 | Energy | Conventional | By The Numbers

This year marks the beginning of a recovery after a disappointing 2020, when the Covid-19 pandemic caused sanctioning of offshore projects to dip to $44 billion from $99 billion the year before. Rystad Energy projects offshore sanctioning to rebound to at least $56 billion in 2021 and keep rising to as high as $131 billion in 2023.

Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen:

AJOT | January 18, 2021 | Energy | Conventional | By The Numbers

As the beginning of 2021 coincided with a crucial OPEC+ meeting, the beginning of the year kickstarted an oil price rally that is now running out of steam.

FTR’s Trucking Conditions Index for November Eases from October High
FTR’s Trucking Conditions Index for November Eases from October High

AJOT | January 18, 2021 | Intermodal | Trucking | By The Numbers

FTR’s Trucking Conditions Index (TCI) fell in November from the previous month’s record high. The November reading of 10.26 is still strong as rising freight rates continue to power robust trucking conditions FTR expects the index to settle into single-digit positive readings through 2021, reflecting a healthy but more stable truck freight market.

Air Travel Consumer Report: November 2020 Numbers
Air Travel Consumer Report: November 2020 Numbers

AJOT | January 15, 2021 | Air Cargo | Airlines | By The Numbers

The U.S. Department of Transportation today released its January 2020 Air Travel Consumer Report (ATCR) on reporting marketing and operating air carrier data compiled for the month of November 2020.

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