Search Results
ID: PULO5RVr/biz/60726790#60727762
8/2/2025, 3:37:56 PM
Something that has been on my mind over the past 2 days
Trump seems to push the idea of countries buying American energy in exchange for trade deals.
The South Korea deal includes $100bn of LNG purchases.
The EU deal includes $750bn of LNG purchases.
Pakistan is getting its first ever American crude cargo from Vitol soon.
India is turning away from Russian oil and IOC bought American crude instead.
Shipping American oil is extremely long haul. US to India, US to Pakistan, US to South Korea. These are very long trips, far longer than Kuwait to India for example.
Maybe time to consider crude tanker stocks (DHT, Frontline) or even LNG stocks (CLCO) which are in cyclical lows.
Trump seems to push the idea of countries buying American energy in exchange for trade deals.
The South Korea deal includes $100bn of LNG purchases.
The EU deal includes $750bn of LNG purchases.
Pakistan is getting its first ever American crude cargo from Vitol soon.
India is turning away from Russian oil and IOC bought American crude instead.
Shipping American oil is extremely long haul. US to India, US to Pakistan, US to South Korea. These are very long trips, far longer than Kuwait to India for example.
Maybe time to consider crude tanker stocks (DHT, Frontline) or even LNG stocks (CLCO) which are in cyclical lows.
Page 1