Crude tankers are holding steady with an average move around +1.7%, while product tankers are also firm, with names like TORM and Ardmore showing strength
LNG shipping is positive but lagging slightly, which keeps the internal divergence across energy flows intact
What matters here is not just direction, but how different parts of the chain are behaving at the same time
When crude, products and LNG don’t move in sync, it usually points to adjustments in routing, refining demand and regional balances rather than a simple price move
Right now the structure suggests flows are being redistributed across the system, with shipping starting to reflect that shift
For anyone interested, I wrote a deeper Commodities Radar where I go through oil, LNG, shipping and cross-commodity flows in more detail
https://ecomodities.substack.com/p/commodities-radar-19-system-rotation
it’s free and open
https://i.redd.it/3f8btw6tv5vg1.png
Posted by LMtrades
14 Comments
I would love to understand this but that all to me in jumble I’m afraid, what’s the message here that flows of oils aren’t as disrupted as we thought at first and that the oil production cuts aren’t as threatening?
I’m afriad I don’t understand that chart
Does this mean shipping is all re-routing to cut hormuz out?
Also wouldn’t this imply that WTI is due for an uptick?
Oil is coming down
Shipping company stocks are at best a secondary indicator – a lot of them aren’t listed.
You want to be looking at the freight markets for short term stuff and sales and purchase for long term.
How do I get all my news in this cool IBM mono 3270 style font?
Layman’s terms please.
Looking good for my stealth gas stock options 😀
Wait so using shipping stocks, you think flows aren’t shut in? Why not look at primary flow data like kpler or Vortexa?
I cannot disagree further with your take that this isn’t an issue based on tanker prices. It is a bad read of the indicator. Close to 13 mbd stopped coming to market.
Stock pump post
Of course.
It’s taco Tuesday!
I really feel the future market has been manipulated by the treasury. Whether it’s selling short contracts or direct shorting. Maybe it’s ridiculous but so is the market.
Is this becoming the hideout for market manipulators and WSB types? I thought this was more geared towards industry people.
The fracturing of shipping into a shadow fleet and a western government complaint fleet.