Following the recession retraction in demand, middle distillate demand will rebound strongly as economies recover, according to a new report available from Research and Markets.
Despite the pressure of increased environmental compliance, 2010 will be a good year for anyone in the shipping industry with cash and access to finance, says leading shipping accountant and adviser Moore Stephens.
The latest Shipping Confidence Survey from leading international accountant and shipping consultant Moore Stephens records a continuing rise in overall confidence levels in the shipping industry over the past three months.
Higher crude oil prices and rapid increases in mid-Spring spot prices for gasoline have induced an upward shift in the forecast for gasoline pump prices in this month’s Short-Term Energy Outlook (Outlook) – reports the US Energy Information Administration.