Kpler

US #crude and condensate production surged to near all-time highs in late November, rebounding strongly after earlier disruptions. Key takeaways include: ▪️Weekly production rose to 13.5 Mbd, surpassing official September figures by 300 kbd ▪️Permian Basin and Gulf of Mexico developments drive growth in December. ▪️2025 outlook: Stable output at 13.6–13.7 Mbd, supported by new Gulf projects. EIA data reveals a strong rebound in U.S. crude supply, approaching near-record levels, with weekly production hitting 13.5 million barrels per day and further growth expected. Starting with new projects in the Gulf of Mexico, such as Shell's Whale, output is set to rise through 2025. Stay ahead of the market with Kpler Insight: https://lnkd.in/dParFvuh #Kpler #oil

We had the pleasure of attending the 25th Annual Marine Money Ship Finance Conference in New York City, a key gathering for the global ship finance community. Our experts, Jean-Charles Gordon, Director of Ship Tracking, and Kevin Kinnee, U.S. National Security Liaison Officer, contributed to the discussion on what owners, charterers, and financiers need to know about the shadow fleet. Here’s a brief excerpt from Jean-Charles’ presentation, highlighting the actionable insights available through our platform. Check the full discussion here: https://lnkd.in/d-pnzVgp #Kpler

Discover the power of combining Kpler and MarineTraffic tools and datasets. Our latest white paper explores the recent Baltic Sea communication cable damage, raising concerns about potential sabotage. The analysis highlights the Chinese-flagged vessel YI PENG 3, whose unusual activities warrant closer scrutiny. By leveraging the advanced vessel tracking and analytics of MarineTraffic alongside Kpler data, the report demonstrates how these insights can help identify suspicious maritime patterns. Stay ahead in maritime risk and compliance—read the white paper today. https://lnkd.in/dnpuVdJK #MaritimeIntelligence #GlobalTrade #RiskManagement #Compliance #SupplyChainSecurity #VesselTracking #CriticalInfrastructure #MaritimeSecurity #Kpler

Roll-over of 2025 output quotas the only good way out for OPEC+ This week, OPEC+ leaders have been engaged in high-level discussions with Iraqi and Kazakh officials, addressing the critical issue of overproduction within the group. The originally scheduled December 1 meeting has now been postponed to December 5, underscoring the importance of these deliberations. With non-OPEC supply expected to outpace global demand growth next year, increasing by nearly 1 million barrels per day year-on-year, OPEC+ is likely to maintain its current production cuts for at least the next three months. This approach aims to sustain the backwardation seen in the markets, reflecting tight near-term supply conditions. Looking further ahead, US #crude production is anticipated to peak in Q4 2025. However, deepwater offshore projects are set to challenge OPEC+ barrels in the medium to long term, driven by expanding output from Brazil and Guyana. Stay ahead of the market with Kpler Insight: https://lnkd.in/dParFvuh #Kpler #OPEC #oil

Stay 7 Weeks Ahead in Metals Trading The wait for customs reports is over. With Kpler’s new metals ores and concentrates coverage, you can track seaborne flows of critical commodities—copper, zinc, nickel, manganese, aluminium, lead, and chrome—up to seven weeks ahead of customs data. What sets Kpler apart? ▪️Consolidate market benchmarks for faster, smarter decisions. ▪️Optimise costs with reliable ship and cargo tracking data. ▪️Customise dashboards tailored to your trading needs. Take the guesswork out of metals trading and make data your competitive edge. Learn more: https://lnkd.in/dQ4Ar9NM #MetalsTrading #GlobalTrade #DataDrivenDecisions #Kpler

Kpler Cocktail Party in NYC Last week, we had the pleasure of hosting the Kpler Cocktail Party in the heart of New York City. Set against the stunning backdrop of the 50th floor at The Ritz-Carlton's Nubeluz, the evening was a perfect blend of captivating conversations, refreshing cocktails, and meaningful connections with our valued partners, clients, and colleagues. Thank you to everyone who joined us and made the night memorable. We look forward to continuing these conversations and collaborations in the future. #Kpler

BW Singapore leaves Dubai shipyard for Italy ahead of deployement at Ravenna LNG regasification project The BW Singapore floating storage and #regasification unit (FSRU) has set sail for Italy after undergoing extensive repairs and modifications at the DP World Docks shipyard in Dubai. The vessel, with a capacity of 170,000 m3 of LNG, had been in the yard since April 11 before departing on November 25. Currently #offshore Oman, BW Singapore is expected to arrive in Palermo on December 8, likely for further checks before continuing to Ravenna. According to Kpler data, the #vessel is projected to reach Ravenna on December 31, where it will be deployed as part of the Ravenna LNG regasification project. Developed by Snam, this facility is poised to become Italy’s sixth LNG import #terminal, with operations anticipated to begin in the first quarter of 2025. Stay ahead of the market with Kpler Insight: https://lnkd.in/dParFvuh #Kpler #Lng

Last weekend, #France experienced an abrupt end to a period of unusually low temperatures. Compared to the two-week average, temperatures surged by 5.5°C on Sunday, November 24th. Amid stronger winds and low demand, French #nuclear power responded with record modulation activity, ramping down as much as 17 GW. This supply drop is comparable to the entire power demand of Sweden. Interestingly, a deeper analysis of the nuclear fleet's behaviour reveals a notable cluster of unplanned outages occurring between November 23-25, as highlighted in the table (or graph) below. This pattern suggests the possibility of unplanned #outages being influenced by strategic considerations, with a cumulative outage of 6.9 GW over three days. Curiously, during this period, the number of unplanned nuclear outages lasting more than three hours represent 50 % of the total unplanned outages in November. Tracking live unplanned outages is crucial to optimising trades. Kpler Power is your trusted source for instant updates: https://lnkd.in/d44_hvUu #Kpler #power #temperatures

Kpler Insights on the Evolving Global Oil Market from Argus Crude EU 2024 Last week, the #Argus Crude EU 2024 conference in #London brought together leading voices to explore the future of Europe’s crude oil and refining landscape amidst global shifts. Here’s what Kpler’s experts had to share: Viktor Katona, Head of Oil Analysis ▪️Crude supply growth is expected to be driven almost entirely by the Atlantic Basin by 2025, with Brazil, the US, and Guyana leading the way. ▪️Europe and the #US are reducing refining capacity, raising questions about the sustainability of domestic supply chains. ▪️Geopolitical shifts, including Trump’s re-election, introduce significant uncertainty, influencing #Europe’s energy policies. Matt Wright , Senior Freight Analyst ▪️Gulf of Mexico exports are reshaping freight dynamics, with Aframax and #Suezmax demand surging, exacerbated by European port limitations. ▪️Declining Mexican exports are expected to further reduce #Aframax demand next year. ▪️Changes in Russian exports to #Asia affects Aframax and Suezmax availability in key regions like the Gulf of Mexico, impacting global rates. ▪️VLCC availability is temporarily higher due to low Asian demand for Atlantic Basin grades, opening opportunities for short-haul voyages. Matt W. #Kpler #Oil #crude

In an insightful interview with Cititec Talent, Petar Todorov, Ph.D., Kpler’s Director of Data Science, shared how his team is shaping global #trade insights. Combining cutting-edge technology with a passion for data, Kpler remains at the forefront of the #commodities industry, empowering smarter decisions and driving #innovation. #Kpler