By the Numbers

Oil seen down 9.4%, jet fuel down 31%, road fuel down 9.4% in 2020
Oil seen down 9.4%, jet fuel down 31%, road fuel down 9.4% in 2020

AJOT Newsroom | April 08, 2020 | Energy | Conventional | By The Numbers

Rystad Energy’s weekly comprehensive Covid-19 report calculates the effect of the novel coronavirus in our lives and offers updated estimates for global fuel markets.

EIA expects the United States will return to being a net importer of crude oil and petroleum products

AJOT Newsroom | April 08, 2020 | Energy | Conventional | By The Numbers

In the April Short-Term Energy Outlook (STEO), EIA forecasts that the United States will again become a net importer of crude oil and petroleum products in the third quarter of 2020 and remain a net importer in most months through the end of 2021.

Targeted billion-barrel oil resources at risk as world’s top exploration wells may face delays - Rystad Energy
Targeted billion-barrel oil resources at risk as world’s top exploration wells may face delays - Rystad Energy

AJOT Newsroom | April 08, 2020 | Energy | Conventional | By The Numbers

At least nine of the world’s top planned exploration wells for 2020 are at risk of being suspended as a result of the combined effect on oil and gas activities of the Covid-19 virus and the oil price war, a Rystad Energy impact analysis shows.

Forest Products Imports to China drop
Forest Products Imports to China drop

AJOT Newsroom | April 08, 2020 | International Trade | Commodity | By The Numbers

The value of imported forest products to China dropped by 750 million dollars y-o-y during January and February 2020, with the biggest falls on the values of wood pulp and softwood lumber, reports the Wood Resource Quarterly

Drewry Maritime Financial Insight - April 2020

AJOT Newsroom | April 08, 2020 | Maritime | By The Numbers

Container shipping stock prices have been in full retreat with early March witnessing a market storm as stock markets around the world sold off and investors struggled to calculate the economic fallout from the coronavirus (COVID-19) outbreak.

Frankfurt Airport: Weekly Traffic Figures for March 30 – April 5

AJOT Newsroom | April 07, 2020 | Air Cargo | Airports | By The Numbers

Cargo flights with a more than 20 percent increase in comparison with the previous year's period – This increase compensates only partially for the decline in belly freight (shipped on passenger aircraft) Week 14/2020 (March 30 - April 5) Week Δ %* Passengers 66,151 -95.2% Cargo (airfreight + airmail) in metric tons 32,904 -25.0% Aircraft movements 1,545 -85.1% *Change compared to Week 14 of 2019

Freight Transportation Services Index (TSI), February 2020
Freight Transportation Services Index (TSI), February 2020

AJOT Newsroom | March 30, 2020 | International Trade | By The Numbers

. In the previous release for January, the Freight TSI was unchanged in January from December. From January 2019 to January 2020, the index fell 1.0% compared to a rise of 5.5% from January 2018 to January 2019 and a rise of 6.0% from January 2017 to January 2018.

COVID-19 set to wipe out global solar and wind project growth for 2020
COVID-19 set to wipe out global solar and wind project growth for 2020

AJOT Newsroom | March 27, 2020 | Energy | Alternative | By The Numbers

Renewable energy projects expecting to achieve financial close or break ground globally will not avoid taking a hit from Covid-19’s effect on the economy.

You thought global oil supply couldn’t get any larger? Ineos: ‘hold my maintenance’
You thought global oil supply couldn’t get any larger? Ineos: ‘hold my maintenance’

AJOT Newsroom | March 27, 2020 | Energy | Conventional | By The Numbers

With only a week to go before OPEC+ countries start flooding the world’s total oil production with an estimated extra 2.5 million barrels per day (bpd) amid the Covid-19 crisis, building one of the biggest oil supply gluts the world has ever seen, UK operator INEOS has decided to postpone its scheduled maintenance for the North Sea Forties pipeline system (FPS) in a move that Rystad Energy calculates will add several hundred thousands of extra barrels to the market every day.

COVID-19 and oil price war could derail two-thirds of the world’s oil & gas project sanctioning in 2020
COVID-19 and oil price war could derail two-thirds of the world’s oil & gas project sanctioning in 2020

AJOT Newsroom | March 23, 2020 | Energy | Conventional | By The Numbers

The effect of the COVID-19 virus on global demand for oil and gas, along with an ongoing price war that has sent oil prices tumbling at an unprecedented rate, are poised to wreak havoc on new project development plans for this year.

China’s crude oil imports surpassed 10 million barrels per day in 2019
China’s crude oil imports surpassed 10 million barrels per day in 2019

AJOT Newsroom | March 23, 2020 | Energy | Conventional | By The Numbers

China’s annual crude oil imports in 2019 increased to an average of 10.1 million barrels per day (b/d), an increase of 0.9 million b/d from the 2018 average.

Up to 3 million bpd of extra oil can hit the market from April, more coming in May - Rystad Energy
Up to 3 million bpd of extra oil can hit the market from April, more coming in May - Rystad Energy

AJOT Newsroom | March 18, 2020 | Energy | Conventional | By The Numbers

The extra oil coming into the global market from April will be as much as 3 million barrels per day (bpd), Rystad Energy estimates.

Oil seen down 2.8%, jet fuel down 12%, road fuel down 2.2% in 2020

AJOT Newsroom | March 18, 2020 | Energy | Conventional | By The Numbers

Rystad Energy is creating a weekly comprehensive report calculating the effect of the novel coronavirus in our lives and updating estimates for global fuel markets.

OPEC shift to maintain market share will cause global inventory increases and lower prices
OPEC shift to maintain market share will cause global inventory increases and lower prices

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

Markets for oil, as well as other commodities and equities, have experienced significant volatility and price declines since the final week in February amid concerns over the economic effects of the 2019 novel coronavirus disease (COVID-19).

EIA projects air-conditioning energy use to grow faster than any other use in buildings
EIA projects air-conditioning energy use to grow faster than any other use in buildings

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

In the Annual Energy Outlook 2020 (AEO2020) Reference case, the U.S. Energy Information Administration (EIA) projects that delivered energy for air conditioning will increase more than any other end use in residential and commercial buildings (also known as the buildings sector) through 2050, while energy consumption for space heating will decline.

Overseas Shipholding Group reports 2019 financial results

AJOT Newsroom | March 13, 2020 | Maritime | Bulk | By The Numbers

Overseas Shipholding Group, Inc. (the “Company” or “OSG”), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, today reported results for the fourth quarter and full year 2019.

PAO Sovcomflot) 2019 financial results announced

AJOT Newsroom | March 13, 2020 | Maritime | By The Numbers

2019 financial results see robust growth across key metrics and strategy on track

SC Ports reports strong cargo volumes in February
SC Ports reports strong cargo volumes in February

AJOT Newsroom | March 09, 2020 | Ports & Terminals | Ports | By The Numbers

S.C. Ports Authority saw steady container volumes in early 2020 and recorded the highest February ever for both cargo volumes and rail moves at inland ports.

US light oil production guided to grow by 8.1% in 2020, despite lower capex
US light oil production guided to grow by 8.1% in 2020, despite lower capex

AJOT Newsroom | March 09, 2020 | By The Numbers

Light oil production in the United States is guided to grow by 8.1% year-on-year, according to Rystad Energy’s analysis of the latest shale E&P guidance, despite an expected decrease in capital expenditure, which is estimated to drop by 11% compared to 2019.

U.S. natural gas consumption sets new record in 2019
U.S. natural gas consumption sets new record in 2019

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

U.S. natural gas consumption increased by 3% in 2019, reaching a record of 85.0 billion cubic feet per day (Bcf/d), according to the U.S. Energy Information Administration’s (EIA) recently released Natural Gas Monthly. New natural gas-fired electric capacity and lower natural gas prices led the increase in domestic natural gas consumption.

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