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Investor & Entrepreneur. American living and investing most of the last decade in LatAm. I run a service for shipping and commodity investors @MarhelmData

Jun 16, 2022, 6 tweets

A few of the world's largest cities. Where is the demand destruction, again?

#OOTT

Flight stats...2022 is tracking ahead of 2019 levels for total flights. Commercial flights are behind 2019, assuming the balance is being made up by mostly increased military activity (which btw, fighter jets burn a LOT ton of fuel - which $INT sells)

Rotterdam bunker sales 16% higher in Q1-22 than Q1-21

Fujairah bunker sales tracking higher recent months

Singapore Bunker sales down quite a bit from last year (assuming China lockdowns and increased Chinese bunkering presence)

Last available EIA data - prime supplier sales all tracking within or above 5 year ranges for jet, distillate, aviation, kerosene

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