By the Numbers

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

AJOT Newsroom | November 16, 2020 | Energy | Conventional | By The Numbers

Oil prices started the week on a positive note again as traders have many bullish indications to hang onto.

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

AJOT Newsroom | November 13, 2020 | Energy | Conventional | By The Numbers

It’s been an uplifting week for oil prices and after a multi-day run, the dust from good vaccine news started to settle yesterday.

Oil jumps on vaccine hopes

AJOT Newsroom | November 09, 2020 | Energy | Conventional | By The Numbers

Traders who have been preparing for a calmer week after the US election marathon last week, now have to unpack calculators and revamp forecasts.

U.S. refinery runs remain lower than the five-year range
U.S. refinery runs remain lower than the five-year range

AJOT Newsroom | November 09, 2020 | Energy | Conventional | By The Numbers

Since April, when responses to the 2019 novel coronavirus disease (COVID-19) reduced demand for refined products such as gasoline, distillate fuel, and jet fuel, gross inputs of crude oil and other raw materials to U.S. refineries (refinery runs) have been lower than the five-year range (2015–19)

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

AJOT Newsroom | November 09, 2020 | Energy | Conventional | By The Numbers

Markets are enjoying a relief-rally this morning as the US returns to political normality, brushing away the uncertainty that its election brought last week.

Rail Traffic for October and the Week Ending October 31, 2020

AJOT Newsroom | November 04, 2020 | Intermodal | Rail | By The Numbers

U.S. railroads originated 912,772 carloads in October 2020, down 6.6 percent, or 64,634 carloads, from October 2019. U.S. railroads also originated 1,169,874 containers and trailers in October 2020, up 10.0 percent, or 105,966 units, from the same month last year.

[FBX Weekly Ocean rates steady to start the month, as air cargo continues to climb

AJOT Newsroom | November 04, 2020 | Air Cargo | Freighters | By The Numbers

The pandemic has impacted the supply chain in many ways, including speeding the adoption of logistics technology to handle volatility. Air cargo eBookings on WebCargo, for example, have increased nearly 7X since January 2020. Check out this month’s WebCargo Digital Air Cargo Monthly Report for the latest trends in eBookings and digitization in the air cargo industry.

FTR reports preliminary North American Class 8 net orders swell to 40,100 units in October

AJOT Newsroom | November 04, 2020 | Intermodal | Trucking | By The Numbers

FTR reports preliminary North American Class 8 net orders soared in October to 40,100 units. This is the first 40,000+ unit month for Class 8 orders since October of 2018, adding to the already increased order activity from September. Orders were up 26% m/m and up 83% y/y. Class 8 orders for the past twelve months now stand at 215,000 units.

OPEC members’ net oil export revenue in 2020 expected to drop to lowest level since 2002
OPEC members’ net oil export revenue in 2020 expected to drop to lowest level since 2002

AJOT Newsroom | November 03, 2020 | Energy | Conventional | By The Numbers

The U.S. Energy Information Administration (EIA) forecasts that members of the Organization of the Petroleum Exporting Countries (OPEC) will earn about $323 billion in net oil export revenues in 2020.

Intermodal turns a corner in third quarter
Intermodal turns a corner in third quarter

AJOT Newsroom | November 03, 2020 | Intermodal | By The Numbers

Total intermodal volumes rose 1.2 percent year-over-year in the third quarter of 2020, according to the Intermodal Association of North America’s Intermodal Quarterly report. Domestic containers and trailers both gained 9.8 percent compared to Q3 2019, while international shipments dropped 6.5 percent.

Drilling and fracking accelerate ahead of what could be an industry-changing US election
Drilling and fracking accelerate ahead of what could be an industry-changing US election

AJOT Newsroom | November 02, 2020 | Energy | Conventional | By The Numbers

Ahead of what could be an industry-changing presidential election in the US, a Rystad Energy analysis reveals that drilling and fracking activity has accelerated. North American fracking likely peaked in October at around 780 started jobs, with activity recovering from the trough touched in May and June.

Port of Baltimore shows continued rebound from Covid-19 lows
Port of Baltimore shows continued rebound from Covid-19 lows

AJOT Newsroom | November 02, 2020 | Ports & Terminals | Ports | By The Numbers

Auto volumes top 2019 figures; Container growth reflects consumer confidence

Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu

AJOT Newsroom | November 02, 2020 | Energy | Conventional | By The Numbers

The speed of the returning lockdowns now does resemble a wave, and that is essentially the second wave of the Covid-19 pandemic.

US gas production sets new records in Pennsylvania and the Permian, boosting nationwide output
US gas production sets new records in Pennsylvania and the Permian, boosting nationwide output

AJOT Newsroom | November 02, 2020 | Energy | Conventional | By The Numbers

Gross gas production in Pennsylvania and the Permian Basin probably hit all-time highs in August, a Rystad Energy data analysis shows, pushing up total US output and helping reverse a decline in the first half of the year when oil output curtailments reduced associated gas volumes.

Oil has worst month since March after covid surge hurts recovery

Bloomberg | October 30, 2020 | Energy | Conventional | By The Numbers

Oil posted its largest monthly drop since March as renewed lockdown measures to contain the coronavirus threatened to upend a shaky demand recovery.

Rystad Energy’s daily market comment from our Senior Oil Markets Analyst Paola Rodriguez-Masiu

AJOT Newsroom | October 30, 2020 | Energy | Conventional | By The Numbers

The oil market is swinging from minor losses to minor gains and back this morning as volatility returned in a new price environment that the last couple of days created. Oil prices took quite a beating in the last two days that is causing a monthly back-to-back decline.

Oil poised for worst month since March with growing virus curbs

Bloomberg | October 30, 2020 | Energy | Conventional | By The Numbers

Oil is set for its largest monthly decline since March as a resurgent pandemic forces tighter restrictions, signaling weaker demand for auto and aviation fuel.

September & 1st half October: as second wave rolls, air cargo continues its rollercoaster ride
September & 1st half October: as second wave rolls, air cargo continues its rollercoaster ride

AJOT Newsroom | October 26, 2020 | Air Cargo | Freighters | By The Numbers

The month itself seemed to bring some reason for optimism, as the year-over-year (YoY) drop in kilograms worldwide was by far the lowest since April: -12.5% for September against -33% for April. Month-over-month (MoM), September showed a 7% increase, whilst September 2019 was more or less the same as August 2019.

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

AJOT Newsroom | October 26, 2020 | Energy | Conventional | By The Numbers

It’s a dark Monday in the oil market. Traders are finally pricing in Covid-19’s second wave, as the pandemic’s infections break daily records in many countries across the globe.

North American Freight Data, August 2020
North American Freight Data, August 2020

AJOT Newsroom | October 26, 2020 | Intermodal | By The Numbers

The release summarizes the monthly value of freight transported by truck, rail and other modes between the U.S. and Canada and the U.S. and Mexico with the top states, ports and commodities. Previously, BTS reported that the value of total Transborder freight in July 2020 was $91 billion, up 10.9% compared to June 2020 and up 62.2% from May 2020.

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