Lambert Oil (1986) Ltd’s Post

Can we know how much is the oil production worldwide in real time?

The updated Terminals & Storage map is available FREE to Fuel Oil News subscribers, only with the October issue of the magazine. Subscribe before 30th September to receive your free copy!

The updated Terminals & Storage map is available FREE to Fuel Oil News subscribers, only with the October issue of the magazine. Subscribe before 30th September to receive your free copy!

As my colleague Tushar Chadha highlighted yesterday, LPG companies with exposure to VLGC reported healthy 1Q24 results, buoying up Drewry LPG Equity Indices last week - outpacing all other sectoral Drewry Equity Indices. Please refer to the PDF for commentary on each of the indices performance last week. Earlier today , we had Drewry LPG webinar from Aman Sud and Pratiksha Negi , throwing more lights on LPG shipping sector. #LPG #Equity #investment #vlgc #shipping

That's a smart way to dispose of this oil.

America oil on paper 30 x 21 cm

Drewry LPG Shipping Equity Index was up 4.5% WoW (vs. S&P down 0.5%) for the week ending 31 May, outpacing all other Drewry sectoral equity indices. LPG index benefited from the robust 1Q24 results. BW LPG (+17.7%) and Stealth Gas (15.1%) were the top performers in the LPG index. Among others, the Container shipping index grew 1.3%, while the Port and LNG shipping index declined. Read on for sector-specific indices commentary: https://lnkd.in/eZqvqXZ7 #shipping #equity #maritimestocks

For the week ending 22 November, Drewry Equity indices exhibited a mixed performance (vs. S&P 500 up 1.7% and Rusell 2000 up 4.5%). The Drewry LNG Index rose 2.7% as both Golar LNG and Flex LNG rose 8.6% and 4.1%. Similarly, Drewry LPG and Port Indices rose 0.8% and 0.6% respectively. Conversely, Dry Bulk Index declined 5.4% due to a fall in the TCE rates. Meanwhile, Product and Crude tanker continue their downtrend with declines of 1.5% and 1.2%. For detailed commentary on sector-specific indices, please continue reading at: https://lnkd.in/eWTEEibY            For further information on our comprehensive range of financial research and advisory services, please visit https://lnkd.in/e8S2674 or arrange to speak to one of our finance experts by emailing us at [email protected].

This picture shows you the reach of the oil industry. You can say that oil is part of your everyday life and brings a higher quality of life.