Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
VLCC
The VLCC market has seen a downward rate adjustment this past week – from high W130s to low-mid W120s for the MEG/East routes (Middle East Gulf to Asia), as much of the activity has happened "under the radar". But despite all the "smoke and mirrors", owners have shown stoic restraint, fought against "gravity" (market pressure) and kept rates at last paid levels – and are even trying to get a bit more when the opportunity arises.
The tonnage situation remains balanced, and the tonnage is controlled by a few players. Baltic (Baltic Exchange) estimates came in last night with very small changes from the day before, which suggests that the broker community sees the market roughly the same – even if some might express the opposite.
A new Brazil export cargo was mentioned this morning and quickly fixed at W107.5 (2.5 points lower than the previous equivalent fixture). Apart from this, there's not much new to report in the Atlantic, and the Suezmax market is also on the defensive, which gives charterers more flexibility/negotiating room.
Will quickly amount to 30kr dividend over the next 6 months. With a share price of 300kr, one still gets 10% direct yield over 6 months. Spot is still at 120.000$. At some point, this will surge.
https://www.tradewindsnews.com/tankers/-path-of-least-resistance-for-crude-prices-is-likely-down-says-trafigura-chief-economist/2-1-1911234
"The path of least resistance for crude prices is likely down," says Trafigura's chief economist. Declining demand from China will lead to India and emerging markets absorbing the extra barrels, says Saad Rahim.
Trafigura envisions crude oil prices falling towards 2026 due to the current oversupply.
"Into the first half of next year, what we see on the supply and demand fundamentals also plays a role, that the path of least resistance for (crude) prices is likely downwards," said Trafigura's chief economist Saad Rahim.
Currently, Brent crude oil is above 60 dollars per barrel, while at the same time last year, price levels were above 70 dollars per barrel.
Lower crude oil prices, in turn, will stimulate an increase in demand for crude oil from emerging markets, Rahim believed.
"In the second half of the year, we see some response on the supply side, but also potentially a response on demand, (because) if we get lower interest rates, a lower dollar, lower oil prices, these are all big tailwinds for emerging markets," Rahim added.
Industry observers told TradeWinds that the implications for shipping would be sustained demand for oil tankers, as demand measured in tonne-miles is likely to pick up.
During his speech at the Financial Times Commodities Asia Summit 2025 yesterday, Rahim said that although today's oil prices are pushed down by OPEC+ easing production cuts earlier than expected, the oil surplus has not been fully felt in 2025.
"I think this year has been like 'Waiting for Godot' when it comes to surplus... Is it coming, is it coming, is it coming? It just never came," said Rahim.
"And I think the main reason many have pointed to has been China's strategic purchases for their reserves," he explained.
Rahim believes that as China feels it has built up reserves to a satisfactory level, they may start reducing crude oil purchases in 2026.
And even though China is currently the largest buyer of crude oil, a reduction in imports could lead to them losing their leading position to India.
"For next year, for the first time really, India's underlying demand will be greater than China's," said Rahim.
He attributed China's declining demand for crude oil mainly to the electrification of most transport vehicles, including heavy trucks, which in turn pushes down demand for diesel and gasoline.
"China will still maintain 500,000 barrels per day of strategic purchases, and even though that is a large additional quantity (in addition to 200 kbd), it is still not enough to absorb the growth in oil supply we are seeing," Rahim believed.
Besides India, Rahim saw that emerging countries would absorb some of the crude oil surplus in 2026.
"When prices get too low, you will start to see pockets of demand emerge."
This will be beneficial for crude oil tankers as new trade routes emerge, potentially resulting in increased demand for tonne-miles.
TradeWinds recently reported that Trafigura has been optimistic about tankers, which is evident in their strong appetite for new VLCC builds.
The trading company and shipping firm recently contracted with the Chinese shipyard Jiangsu New Hantong Ship Heavy Industry to build two new crude oil tankers of 319,000 dwt, bringing their order count there up to 10.
Trafigura believes that the sector is growing and that there is a need "to replace an aging fleet with new vessels."
Clarksons' database shows that Trafigura currently has a fleet of 20 vessels in operation, including one VLCC – 297,700 dwt Vesuvio (built 2017) — and two suezmax tankers.
Regarding newbuilds, they also have four 45,000 cubic meter medium-sized gas carriers on order with HD Hyundai Mipo and one 17,500 dwt asphalt carrier with Chengxi Shipyard.
The company is also a major charterer of tanker tonnage.
Have a coffee subscription and picked up a bag of high-octane caffeine stuff from Costa Rica in the morning. And apparently overdosed. TODAY'S and NOT yesterday's series that I posted earlier today is so far 102/107/155. There's still liquor left, you know... I myself prefer bubbles and vintage wine and went to the state liquor store instead of celebrating a dark green portfolio...
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Uutiset ja analyysit
Uutiset ja lehdistötiedotteet
Analyysit
eilen klo 16.32
∙
Markkinakommentti
NORDEN: BLANDAT, ISS UPP I KÖPENHAMN, VINX 30 -0,3%
1 joulu 16.35
∙
Markkinakommentti
NORDEN: BLANDAT, TIETOEVRY STEG I HELSINGFORS, VINX 30 -0,2%
24 marras 21.30
∙
Lehdistötiedote
FRO - Notification of trade
24 marras 16.34
∙
Markkinakommentti
NORDEN: DANSKA NOVO NORDISK NED PÅ BLANDADE BÖRSER, VINX 30 -0,2%
24 marras 07.54
∙
Flash
Nordea höjer riktkursen för Frontline till 278 norska kronor (270), upprepar köp
24 marras 07.48
∙
Flash
Kepler Cheuvreux sänker riktkursen för Frontline till 145 norska kronor (150), upprepar minska
24 marras 07.09
∙
Flash
Clarksons Platou Securities sänker Frontline till neutral (köp) - BN
21 marras 13.36
∙
Lehdistötiedote
FRO - Q3 2025 Presentation
21 marras 07.53
∙
Lehdistötiedote
FRO: Key information relating to the dividend to be paid by Frontline plc for the third quarter, 2025
21 marras 06.29
∙
Lehdistötiedote
FRO – Third Quarter and Nine Months 2025 Results
19 marras 07.44
∙
Flash
Kepler Cheuvreux höjer riktkursen för Frontline till 150 norska kronor (132), upprepar minska
17 marras 16.32
∙
Markkinakommentti
NORDEN: OSLO MOT STRÖMMEN, FRAKTBOLAG LYFTE, VINX 30 -0,5%
14 marras 21.30
∙
Lehdistötiedote
FRO – Notice of Annual General Meeting 2025
14 marras 12.22
∙
Lehdistötiedote
FRO – Invitation to Q3 2025 Results Conference Call and Webcast
3 marras 07.23
∙
Osakeuutinen
Pareto gör tre förändringar av sin norska portfölj inför november
30 loka 21.00
∙
Lehdistötiedote
FRO - 2025 Annual General Meeting
14 loka 15.34
∙
Markkinakommentti
NORDEN: HELSINGFORSBÖRSEN MOT STRÖMMEN, VINX 30 -0,7%
9 loka 13.28
∙
Lehdistötiedote
FRO: NOTIFICATION OF MAJOR HOLDING
17 syys 20.06
∙
Lehdistötiedote
FRO – Filing of Half Yearly Report
16 syys 15.43
∙
Markkinakommentti
NORDEN: NEDÅT, NOVO NORDISK OCH MAERSK UPP, VINX 30 -0,5%
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Tuotteita joiden kohde-etuutena tämä arvopaperi
Sertifikaatit
2025 Q3 -tulosraportti
13 päivää sitten50 min
0,19 USD/osake
Irtoamispäivä 12.12.
4,58 %Tuotto/v
Näytä
Uutiset ja analyysit
Uutiset ja lehdistötiedotteet
Analyysit
eilen klo 16.32
∙
Markkinakommentti
NORDEN: BLANDAT, ISS UPP I KÖPENHAMN, VINX 30 -0,3%
1 joulu 16.35
∙
Markkinakommentti
NORDEN: BLANDAT, TIETOEVRY STEG I HELSINGFORS, VINX 30 -0,2%
24 marras 21.30
∙
Lehdistötiedote
FRO - Notification of trade
24 marras 16.34
∙
Markkinakommentti
NORDEN: DANSKA NOVO NORDISK NED PÅ BLANDADE BÖRSER, VINX 30 -0,2%
24 marras 07.54
∙
Flash
Nordea höjer riktkursen för Frontline till 278 norska kronor (270), upprepar köp
24 marras 07.48
∙
Flash
Kepler Cheuvreux sänker riktkursen för Frontline till 145 norska kronor (150), upprepar minska
24 marras 07.09
∙
Flash
Clarksons Platou Securities sänker Frontline till neutral (köp) - BN
21 marras 13.36
∙
Lehdistötiedote
FRO - Q3 2025 Presentation
21 marras 07.53
∙
Lehdistötiedote
FRO: Key information relating to the dividend to be paid by Frontline plc for the third quarter, 2025
21 marras 06.29
∙
Lehdistötiedote
FRO – Third Quarter and Nine Months 2025 Results
19 marras 07.44
∙
Flash
Kepler Cheuvreux höjer riktkursen för Frontline till 150 norska kronor (132), upprepar minska
17 marras 16.32
∙
Markkinakommentti
NORDEN: OSLO MOT STRÖMMEN, FRAKTBOLAG LYFTE, VINX 30 -0,5%
14 marras 21.30
∙
Lehdistötiedote
FRO – Notice of Annual General Meeting 2025
14 marras 12.22
∙
Lehdistötiedote
FRO – Invitation to Q3 2025 Results Conference Call and Webcast
3 marras 07.23
∙
Osakeuutinen
Pareto gör tre förändringar av sin norska portfölj inför november
30 loka 21.00
∙
Lehdistötiedote
FRO - 2025 Annual General Meeting
14 loka 15.34
∙
Markkinakommentti
NORDEN: HELSINGFORSBÖRSEN MOT STRÖMMEN, VINX 30 -0,7%
9 loka 13.28
∙
Lehdistötiedote
FRO: NOTIFICATION OF MAJOR HOLDING
17 syys 20.06
∙
Lehdistötiedote
FRO – Filing of Half Yearly Report
16 syys 15.43
∙
Markkinakommentti
NORDEN: NEDÅT, NOVO NORDISK OCH MAERSK UPP, VINX 30 -0,5%
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
VLCC
The VLCC market has seen a downward rate adjustment this past week – from high W130s to low-mid W120s for the MEG/East routes (Middle East Gulf to Asia), as much of the activity has happened "under the radar". But despite all the "smoke and mirrors", owners have shown stoic restraint, fought against "gravity" (market pressure) and kept rates at last paid levels – and are even trying to get a bit more when the opportunity arises.
The tonnage situation remains balanced, and the tonnage is controlled by a few players. Baltic (Baltic Exchange) estimates came in last night with very small changes from the day before, which suggests that the broker community sees the market roughly the same – even if some might express the opposite.
A new Brazil export cargo was mentioned this morning and quickly fixed at W107.5 (2.5 points lower than the previous equivalent fixture). Apart from this, there's not much new to report in the Atlantic, and the Suezmax market is also on the defensive, which gives charterers more flexibility/negotiating room.
Will quickly amount to 30kr dividend over the next 6 months. With a share price of 300kr, one still gets 10% direct yield over 6 months. Spot is still at 120.000$. At some point, this will surge.
https://www.tradewindsnews.com/tankers/-path-of-least-resistance-for-crude-prices-is-likely-down-says-trafigura-chief-economist/2-1-1911234
"The path of least resistance for crude prices is likely down," says Trafigura's chief economist. Declining demand from China will lead to India and emerging markets absorbing the extra barrels, says Saad Rahim.
Trafigura envisions crude oil prices falling towards 2026 due to the current oversupply.
"Into the first half of next year, what we see on the supply and demand fundamentals also plays a role, that the path of least resistance for (crude) prices is likely downwards," said Trafigura's chief economist Saad Rahim.
Currently, Brent crude oil is above 60 dollars per barrel, while at the same time last year, price levels were above 70 dollars per barrel.
Lower crude oil prices, in turn, will stimulate an increase in demand for crude oil from emerging markets, Rahim believed.
"In the second half of the year, we see some response on the supply side, but also potentially a response on demand, (because) if we get lower interest rates, a lower dollar, lower oil prices, these are all big tailwinds for emerging markets," Rahim added.
Industry observers told TradeWinds that the implications for shipping would be sustained demand for oil tankers, as demand measured in tonne-miles is likely to pick up.
During his speech at the Financial Times Commodities Asia Summit 2025 yesterday, Rahim said that although today's oil prices are pushed down by OPEC+ easing production cuts earlier than expected, the oil surplus has not been fully felt in 2025.
"I think this year has been like 'Waiting for Godot' when it comes to surplus... Is it coming, is it coming, is it coming? It just never came," said Rahim.
"And I think the main reason many have pointed to has been China's strategic purchases for their reserves," he explained.
Rahim believes that as China feels it has built up reserves to a satisfactory level, they may start reducing crude oil purchases in 2026.
And even though China is currently the largest buyer of crude oil, a reduction in imports could lead to them losing their leading position to India.
"For next year, for the first time really, India's underlying demand will be greater than China's," said Rahim.
He attributed China's declining demand for crude oil mainly to the electrification of most transport vehicles, including heavy trucks, which in turn pushes down demand for diesel and gasoline.
"China will still maintain 500,000 barrels per day of strategic purchases, and even though that is a large additional quantity (in addition to 200 kbd), it is still not enough to absorb the growth in oil supply we are seeing," Rahim believed.
Besides India, Rahim saw that emerging countries would absorb some of the crude oil surplus in 2026.
"When prices get too low, you will start to see pockets of demand emerge."
This will be beneficial for crude oil tankers as new trade routes emerge, potentially resulting in increased demand for tonne-miles.
TradeWinds recently reported that Trafigura has been optimistic about tankers, which is evident in their strong appetite for new VLCC builds.
The trading company and shipping firm recently contracted with the Chinese shipyard Jiangsu New Hantong Ship Heavy Industry to build two new crude oil tankers of 319,000 dwt, bringing their order count there up to 10.
Trafigura believes that the sector is growing and that there is a need "to replace an aging fleet with new vessels."
Clarksons' database shows that Trafigura currently has a fleet of 20 vessels in operation, including one VLCC – 297,700 dwt Vesuvio (built 2017) — and two suezmax tankers.
Regarding newbuilds, they also have four 45,000 cubic meter medium-sized gas carriers on order with HD Hyundai Mipo and one 17,500 dwt asphalt carrier with Chengxi Shipyard.
The company is also a major charterer of tanker tonnage.
Have a coffee subscription and picked up a bag of high-octane caffeine stuff from Costa Rica in the morning. And apparently overdosed. TODAY'S and NOT yesterday's series that I posted earlier today is so far 102/107/155. There's still liquor left, you know... I myself prefer bubbles and vintage wine and went to the state liquor store instead of celebrating a dark green portfolio...
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
367
237,5
Myynti
Määrä
237,8
1 577
Viimeisimmät kaupat
Näytä enemmän
Aika
Hinta
Määrä
Ostaja
Myyjä
237,5
100
-
-
237,7
105
-
-
237,8
33
-
-
237,7
11
-
-
237,9
5
-
-
Ylin
240,4
VWAP
-
Alin
236,6
VaihtoMäärä
73,9 310 631
VWAP
-
Ylin
240,4
Alin
236,6
VaihtoMäärä
73,9 310 631
Tietoa osakekaupankäyntiin liittyvistä riskeistä
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.
Tämän sivun uutiset ja/tai sijoitussuositukset tai otteet niistä sekä niihin liittyvät linkit ovat mainitun tahon tuottamia ja toimittamia. Nordnet ei ole osallistunut materiaalin laatimiseen, eikä ole tarkistanut sen sisältöä tai tehnyt sisältöön muutoksia. Lue lisää sijoitussuosituksista.
Yhtiötapahtumat
Näytä kaikki
Seuraava tapahtuma
2025 Q4 -tulosraportti
27.2.2026
Menneet tapahtumat
2025 Q3 -tulosraportti
21.11.
2025 Q2 -tulosraportti
29.8.
2025 Q1 -tulosraportti
23.5.
2024 Q4 -tulosraportti
28.2.
2024 Q3 -tulosraportti
27.11.2024
Datan lähde: FactSet, Quartr
Tuotteita joiden kohde-etuutena tämä arvopaperi
Sertifikaatit
0,19 USD/osake
Irtoamispäivä 12.12.
4,58 %Tuotto/v
Näytä
Shareville
Liity keskusteluun SharevillessäShareville on aktiivisten yksityissijoittajien yhteisö, jossa voit seurata muiden asiakkaiden kaupankäyntiä ja omistuksia.
VLCC
The VLCC market has seen a downward rate adjustment this past week – from high W130s to low-mid W120s for the MEG/East routes (Middle East Gulf to Asia), as much of the activity has happened "under the radar". But despite all the "smoke and mirrors", owners have shown stoic restraint, fought against "gravity" (market pressure) and kept rates at last paid levels – and are even trying to get a bit more when the opportunity arises.
The tonnage situation remains balanced, and the tonnage is controlled by a few players. Baltic (Baltic Exchange) estimates came in last night with very small changes from the day before, which suggests that the broker community sees the market roughly the same – even if some might express the opposite.
A new Brazil export cargo was mentioned this morning and quickly fixed at W107.5 (2.5 points lower than the previous equivalent fixture). Apart from this, there's not much new to report in the Atlantic, and the Suezmax market is also on the defensive, which gives charterers more flexibility/negotiating room.
Will quickly amount to 30kr dividend over the next 6 months. With a share price of 300kr, one still gets 10% direct yield over 6 months. Spot is still at 120.000$. At some point, this will surge.
https://www.tradewindsnews.com/tankers/-path-of-least-resistance-for-crude-prices-is-likely-down-says-trafigura-chief-economist/2-1-1911234
"The path of least resistance for crude prices is likely down," says Trafigura's chief economist. Declining demand from China will lead to India and emerging markets absorbing the extra barrels, says Saad Rahim.
Trafigura envisions crude oil prices falling towards 2026 due to the current oversupply.
"Into the first half of next year, what we see on the supply and demand fundamentals also plays a role, that the path of least resistance for (crude) prices is likely downwards," said Trafigura's chief economist Saad Rahim.
Currently, Brent crude oil is above 60 dollars per barrel, while at the same time last year, price levels were above 70 dollars per barrel.
Lower crude oil prices, in turn, will stimulate an increase in demand for crude oil from emerging markets, Rahim believed.
"In the second half of the year, we see some response on the supply side, but also potentially a response on demand, (because) if we get lower interest rates, a lower dollar, lower oil prices, these are all big tailwinds for emerging markets," Rahim added.
Industry observers told TradeWinds that the implications for shipping would be sustained demand for oil tankers, as demand measured in tonne-miles is likely to pick up.
During his speech at the Financial Times Commodities Asia Summit 2025 yesterday, Rahim said that although today's oil prices are pushed down by OPEC+ easing production cuts earlier than expected, the oil surplus has not been fully felt in 2025.
"I think this year has been like 'Waiting for Godot' when it comes to surplus... Is it coming, is it coming, is it coming? It just never came," said Rahim.
"And I think the main reason many have pointed to has been China's strategic purchases for their reserves," he explained.
Rahim believes that as China feels it has built up reserves to a satisfactory level, they may start reducing crude oil purchases in 2026.
And even though China is currently the largest buyer of crude oil, a reduction in imports could lead to them losing their leading position to India.
"For next year, for the first time really, India's underlying demand will be greater than China's," said Rahim.
He attributed China's declining demand for crude oil mainly to the electrification of most transport vehicles, including heavy trucks, which in turn pushes down demand for diesel and gasoline.
"China will still maintain 500,000 barrels per day of strategic purchases, and even though that is a large additional quantity (in addition to 200 kbd), it is still not enough to absorb the growth in oil supply we are seeing," Rahim believed.
Besides India, Rahim saw that emerging countries would absorb some of the crude oil surplus in 2026.
"When prices get too low, you will start to see pockets of demand emerge."
This will be beneficial for crude oil tankers as new trade routes emerge, potentially resulting in increased demand for tonne-miles.
TradeWinds recently reported that Trafigura has been optimistic about tankers, which is evident in their strong appetite for new VLCC builds.
The trading company and shipping firm recently contracted with the Chinese shipyard Jiangsu New Hantong Ship Heavy Industry to build two new crude oil tankers of 319,000 dwt, bringing their order count there up to 10.
Trafigura believes that the sector is growing and that there is a need "to replace an aging fleet with new vessels."
Clarksons' database shows that Trafigura currently has a fleet of 20 vessels in operation, including one VLCC – 297,700 dwt Vesuvio (built 2017) — and two suezmax tankers.
Regarding newbuilds, they also have four 45,000 cubic meter medium-sized gas carriers on order with HD Hyundai Mipo and one 17,500 dwt asphalt carrier with Chengxi Shipyard.
The company is also a major charterer of tanker tonnage.
Have a coffee subscription and picked up a bag of high-octane caffeine stuff from Costa Rica in the morning. And apparently overdosed. TODAY'S and NOT yesterday's series that I posted earlier today is so far 102/107/155. There's still liquor left, you know... I myself prefer bubbles and vintage wine and went to the state liquor store instead of celebrating a dark green portfolio...
Yllä olevat kommentit ovat peräisin Nordnetin sosiaalisen verkoston Sharevillen käyttäjiltä, eikä niitä ole muokattu eikä Nordnet ole tarkastanut niitä etukäteen. Ne eivät tarkoita, että Nordnet tarjoaisi sijoitusneuvoja tai sijoitussuosituksia. Nordnet ei ota vastuuta kommenteista.
Tarjoustasot
Oslo Børs
Määrä
Osto
367
237,5
Myynti
Määrä
237,8
1 577
Viimeisimmät kaupat
Näytä enemmän
Aika
Hinta
Määrä
Ostaja
Myyjä
237,5
100
-
-
237,7
105
-
-
237,8
33
-
-
237,7
11
-
-
237,9
5
-
-
Ylin
240,4
VWAP
-
Alin
236,6
VaihtoMäärä
73,9 310 631
VWAP
-
Ylin
240,4
Alin
236,6
VaihtoMäärä
73,9 310 631
Tietoa osakekaupankäyntiin liittyvistä riskeistä
Huomioi, että vaikka osakkeisiin säästäminen on pitkällä aikavälillä tuottanut hyvin, tulevasta tuotosta ei ole takeita. On olemassa riski, että et saa sijoittamiasi varoja takaisin.