LPG

Jonas42

Worth noting that each of the major segments (dry bulk, containers, tankers, LPG, LNG, car carriers, WTIV) operate with distinct supply and demand dynamics and don't typically move in step with one another. Investing in shipping can be a great way to beat broad market benchmarks, but only if you're willing to spend a *ton* of time learning about the sector and monitoring your investments. It's not for tourists.

ConferenceFull9068

Looking forward to some great dividends from DHT and LPG.

ADirtyScrub

Ever heard of a hydrogen or LPG car?

Analamed

What I found after looking for it is that classic LPG tanks on cars are usually pressurised around 100psi when in use but are rated to resist a collision against a tough obstacle at 50km/h while pressurised at 60 bar (a bit less than 900psi). Maybe you are thinking in an other context than in a car ?

user-the-name

> We are talking around 100psi for a classic LPG tank We are talking FIVE THOUSAND PSI for this.

Analamed

That's most likely not the biggest problem for homologation, hydrogen cars and LPG cars are both a thing and they are perfectly legal with both highly pressuring tank who keep at the liquid state what is usually a highly flammable gas at room temperature and pressure. We are talking around 100psi for a classic LPG tank and as high as 10,000psi for the hydrogen tank of a Toyota Mirai. Since Tesla is talking about cold gas and not hydrogen, you could argue this system could be safer on paper compared to things that already exist and are allowed.

AcanthisittaWeird94

Come on dude everyone knows to not go full regard! https://m.youtube.com/shorts/e3LPG6qtXxk

InterviewOk4527

There are many, many, many types of crudes, and they differ from place to place. Heavy, sweet, sour, acidic… conventional or synthetic… and so their components can be different as well. For diesel, has more to do with feedstock. Every refinery chooses their process units to best suit their business needs. They begin with the types of crudes available, as well for what the local market demand is. You wouldn’t build a refinery that isn’t connected to a pipeline network. And that network will transport different crudes or products. That goes to the cost, size, technology used, options considered, catalyst types used, temperature ranges, metallurgy requirements, what have you. Every plant customizes things to their needs. So, you just can’t send any crude oil to any refinery. And you can’t just build any style without knowing what is feasible available to feed it. All that said, many upstream plants focus simply on making feedstocks to send to other refineries, on top of possibly making their own products. Gasoline occurs in crudes, but much is made from a cracking process, where longer gas oil hydrocarbons are cracked into shorter hydrocarbons. At our refinery, the FCCU reactor outlet temp is adjusted to maintain maximum gasoline make, as well as balance the other things that result. The higher the temp, the more severe the reaction, the more cracking will occur. Keep in mind, in the gas oil feedstock, there are many different gas oils mixed together. So you will get a range of products that will need to be separated. And some of it will result in lighter things like fuel gas, propane, butane, and other less profitable stuff. The usable LPG fractions can be sent through a different style of reactor with a Solid Phosphorus Acid catalyst to be recombined, or polymerized into longer-chain molecules like naphtha (a gasoline stream). Alternatively to Polymerization units, some refineries use a process called Alkylation l. Highly profitable and efficient, but exceptionally dangerous, and not legal to build everywhere.

ConferenceFull9068

Oil transport stocks, especially those with ships that can go through the Panama Canal. I own DHT Holdings (DHT) and Dorian LPG (LPG). These have had a considerable run-up and normally I would have taken profit, but I have decided to keep them even at these high prices. IMO there is a major realigment in process of how oil gets produced, refined, and transported in the world and a lot of it will be going by ship. You might consider LNG stocks. I own NextDecade Corp (NEXT) a large liquefied natural gas facility in Brownsville, TX that will be shipping its first product by early 2027. Three months ago NEXT received Federal Energy Regulatory Commission approval for 24/7 continuous construction in order to complete the facility faster. I expect similar speed-up has been applied to other LNG facilities, as the need is pretty urgent for greater supply. IMO I would concentrate on stocks with facilities in the Gulf of America/Gulf of Mexico. Venezuela is going to become very important.

WickOfDeath

I drive LPG, for me everything is fine. For the mineral product drivers, "more to come" is limited to 9.99 - which would be equal to fuel prices as we pay them in Europe.

surmoiFire

https://www.reddit.com/r/wallstreetbets/s/LPG0Hg7EJb looks like someone gonna get a 10% haircut tomorrow

ConferenceFull9068

Bullish for oil shipping and other petroleum product transports. Venezuela to Gulf Coast refineries to customers for export. Especially companies who have ships capable of passing through the Panama Canal. This was interesting: [Dorian LPG Orders 3 New Vessels from Hanwha Ocean](https://finance.yahoo.com/energy/articles/dorian-lpg-orders-3-vessels-160955480.html) Possibly related, possibly not. I bought Dorian to trade, back in February; it has blown through my original sell price, but I am holding on to it. Also keeping my DHT Holdings.

ConferenceFull9068

You left out Dorian LPG (LPG) +126%.

hotforlowe

Realistically, given that the US seems utterly incapable of providing the power requirements needed to run them, and they’ve fucked the LPG market too, a bet on NVDA is a bet that they’re allowed to break into the Chinese market.

dadofadisaster

LPG?

flippingmyship

When you’re at it, long LPG. It has only 2 routes, one through Panama Canal and the other through Hormuz.

RuleSafe6767

Oh man. Lol. "US military fired two missiles at an LPG tanker that was approaching the area from the Gulf of Oman. Tanker was struck because it was mistakenly believed to be carrying Iranian gas. Attack resulted in the deaths of two crew members and damage to the engine room, effectively stopping the ship.

Disastrous_Rent_6500

Dorian LPG is up like 50% YTD. Because LPG contracts are so lucrative right now because of the war, “Ammonia ready” ships are just carrying LPG right now

Rocks_Stones

Hormuz was flow / transport. Not supply. Supply is elastic and increases as the price goes higher. The dirtier the oil the higher the price needs to be before it becomes profitable. Spot went above $100 and supply increased. Canada, Venezuela, etc all maxxed output. Transportation shifted. Iran shipping to China by rail. Flows shifted to Red Sea via pipelines. Beware of legacy US news sources, especially when they all say the same thing about what stocks or commodities are allegedly going to do next. The same legacy news had us all die of Andes hantavirus two months ago, Ebola a month ago and screwworm two weeks ago. If legacy news says '*tanks will be dry by the 4th of July*' but traders price futures under $70 then the chance that legacy news is not lying is zero. One of many changes which lessened the impact of whore moose: \>" the number of freight trains transporting oil and liquefied petroleum gas (LPG) towards China has tripled"< [https://www.moneycontrol.com/world/iran-bypasses-us-blockade-with-rail-oil-exports-to-china-pakistan-freight-traffic-surges-article-13936437.html](https://www.moneycontrol.com/world/iran-bypasses-us-blockade-with-rail-oil-exports-to-china-pakistan-freight-traffic-surges-article-13936437.html)

The_eternal_fight

I just wanted to say. The strait of Hormuz, it is only shut to (in route & out route) to USA , Arabian gulf tankers that aren't allowed to pass. With USA we know, USA production and reserves alone makes it almost independent on local import export With gulf nations, they haven't sold a barrell or LPG cylinder for three months now Their economy could go into full collapse if this war lasts 6 months longer. However, given that, gulf nations aren't major producer of anything else . They are oil reliant and live in oil bubble of their own . The global economy isn't really in a state of meltdown for one bit. With Russia's war, every single commodity futures on earth oil, NAT gas, all energy derivatives, all food corn, wheat, sugar, and metals went up by 200% , affecting the entire world of trade. I think soon the market will just adjust that this Iran USA clown show has minimal affect and will treat it as business as usual. If you are a large portfolio holder with large margin and descent leverage Short selling Arabian gulf nations currency such as emirati dirham , Saudi riyal , Kuwaiti dinar etc would make you earn millions if you hold it for six months.

stickybond009

Yes only few litres rationed for 2 wheelers vs 4 wheelers. Rates being hiked every other week. LPG prices surged for the normal household and small businesses

DesignerSea494

I take a lot of speculative positions based on a lot of odd indicators. But LPG for global weather patterns is one I’m especially proud of.

DesignerSea494

And yes, I was the one saying LPG is a good opportunity right now. Hope you followed.

DesignerSea494

Massively downvoted yesterday for pointing out global weather patterns combined with oil supply constraints are creating an opportunity in liquid petroleum gas transport. Hope at least someone else got in on LPG…

DesignerSea494

Downvoted yesterday for pointing out global weather patterns combined with oil supply constraints are creating an opportunity in liquid petroleum gas transport. Hope at least someone else got in on LPG…

Icommandyou

Articles are like how India’s LPG crisis due to strait being closed since last three months is driving California gas prices through the roof and the market is like best I can do is -.0001%. Buy the dip

BrobaFett_1

I'm pretty sure I learned about him through you! I subscribed after reading a few free articles. I need to still find some more energy (oil) names. AETUF was a big one for me and it got bought out. Now I'm holding LB, TPL, Tourmaline, VAL, and some tanker names (TEN and LPG). So you think KFS is at an attractive point here? I recall you talking about them and KINS in the best (and maybe KNSL?), but I've never followed insurance names too well.

-cut-ter-

Big tech doesn’t care about oil. Now LPG is a different story.

TheGodPePe

But you are thinking about it in a too limiting of way. Chips are made in Taiwan, an energy intestive process. That then needs to be shipped on a bulk carrier whose heavy oil cost have gone up. In addition shipping insurance has gone up drastically as well. And shipping insurance works if I have 5B chips on a ship, I need to give the insurance company 0.25% of that 5B. But those where the old rates it is more like over 1% now. Once it gets to America it still needs to be shipped to the location. Either via train or truck and then sit in a low moisture warehouse until installation. So that cost has go up 50%. Let say this causes the new data center to go up only 2% in cost. That 2% is billions of dollars. Who is going to lend them that type of cash? The largest investors are from the middle east, but there income got nuked. Private Credit has problems..b... Also its the end of winter season, so naturally the paper price of Natty goes down. But everyone and their mother are sending LPG tankers to America, so for how long?

TheGodPePe

How do you get chips from Taiwan to America? How does Taiwan produce chips at the same cost with their LPG being slashed, whereas 30% of all electricity in Taiwan comes from LPG? Why did the price of everything go up in 2022? Plus how many data centers use LPG for energy? Im struggling to see how this doesn't effect AI.

DesignerSea494

LPG at the time.

DefiantDelta

“The Baltic Exchange is consulting on suspending Gulf tanker and LPG benchmarks as Hormuz closure disrupts pricing, with no physical fixtures making freight assessment unreliable.” it has, quite literally, never been so over

awakezion

Indian towns are already facing shortages at the pump. No gas, no LPG.

Karl-Levin

[The state-linked Fars news agency reports that two improvised explosive devices (IEDs) fueled by liquefied petroleum gas (LPG) detonated on Imam Khomeini Street in Tehran.](https://aje.news/8xcc64?update=4492859) Seems like Mossad trying to stir up shit.

Must_Dragonfruit

No one knows but I am starting to think there is no real oil shortage. Russia, Venezuela and the US can make up the loss. The flows just haven’t redirected. This is a whole lot of speculation (including me). LPG users, ie Europe, are screwed though.

tika_dengu

China has the world’s largest Oil reserves. They’ll wait for the situation to resolve itself and not going to get drawn into this conflict. This dual blockade will hit poorer countries harder. Hope they make exemptions and allow LPG tankers through.

tika_dengu

China, Pakistan and India are the only tankers going through. While China can manage without Oil for a while, India and Pakistan will struggle without LPG which is used for cooking.

ap485860281

It looks like LPG stocks appear to have already reacted sharply to recent events, while coal may not have potential upside fully priced-in yet.

Disastrous_Rent_6500

Coals cool, but future is too unpredictable. I like LPG better

absolutxtr

5 or 6 going rn. 1 LPG/crude tanker. 9 in last 24 hrs. Yup. Still closed!

kim82352

> An LPG tanker attempting to transit the Strait of Hormuz has been turned back. > Iran halted tanker transits again after Israel's strikes on Lebanon. Bloomberg reports just 3-4 ships crossed on Wednesday out of a normal daily average of 135. Over 800 vessels remain trapped inside the Gulf.

Potential_Vehicle535

$RBNE FTW! I like them because they have 2 first class LNG tankers and India is desperate for LPG at any cost since their ENTIRE domestic economy of a Billion+ folks runs on distributed LPG cylinders.

Potential_Vehicle535

Sorry, my bad, RBNE has 2 LPG carriers.

staythewaters

India uses LPG for cooking gas. Everything else is LNG.

sheep_classes

India uses LPG (propane/butane), not LNG.

Cute-Pomegranate-966

AI datacenter workloads use more energy than typical datacenters and said workloads are growing in usage at a 3x higher rate than typical datacenter workloads (database/hostedserver) So your "no" isn't a sufficient answer, explains nothing, and shows that you aren't seriously considering any data in this discussion Energy prices are without question being subsidized into the grid co-ops and the proof of that is the rising energy costs due to speculated power demand even without rising LPG/LNG costs (until recently anyways, now it will be fuel driven rising cost) They negotiate rates for these datacenters that they lock in for a decade, this is without question being subsidized by the rate payers, and to suggest otherwise is false. The 40% higher energy costs since the end of 2024 (national average, in rate payer areas near datacenters, people see 100-150% higher costs) to now are what i'm talking about (which will now go up further due to fuel price) Every source i can find on food imports shows 215 billion for food imports, 167 billion for exports. We have shifted to a net importer and comparing it as a trade deficit shows a severe lack of knowing what matters in this scenario. Many of these items cannot be grown here and thus would simply vanish or become prohibitively expensive. Claiming that "40b in total is pretty small" seems like the kind of fuckup and misunderstanding an ai model would have when asked a question without sufficient context. It's 215 billion, not 40. 40 is the deficit of import vs export. Fertilizer doesn't have cascading effects to global supply chain of food imports? yeah i guess you're a relatively unserious person in this regard, we'll chalk this one up to impossible gap close. Most of the layoffs for cars are lack of interest and bad products? Pretty sure it's cost shock actually, due to lack of ability for mfg's to even profit when selling with tariffs in place, and the recent ones are due to intermittent supply chain shock/gaps. That plus customer sticker shock at pricing. I never thought i'd meet a person that would dismiss 15% of the nations aluminum imports being lost as a non issue. Canada has already sold theirs elsewhere, it won't come to us from them anymore, replacing this amount will be expensive and laden with temporary shortages and gaps in shipments. >This sounds like idle rambling to me. Did you have a point? No, no point. Except that this causes an inevitable market capitulation via deflation and instability. You should understand if discussing this that is why i went there. It's not a massive overestimation. You can confirm via your own sources, but we will experience large price increases, longer mean time between shipments which knock on shortages due to lead times. Asian goods are 4-6% of our economic import, industrial chemical are about 2%, energy is about 3%. so anywhere from 9-11%, or ever so slightly under an 1/8th of our imports. It's fair that they are not disappearing (except for chemical inputs, those absolutely will). The rest will be price shock induced cascading effects that will drive inflation into probable deflation. I sincerely believe that the market isn't going to simply absorb this and outgrow it, as people are quite clearly stopping their participation in anticipation of even worse effects down the line. tl;dr: yes and not the no you keep repeating without expanding.

MIT_Engineer

> Depends on the type of datacenter. AI datacenters use vastly more energy than you suggest. No, they don't. > The energy prices are being subsidized by the citizens of the state. No, they aren't. > Why do you think the energy costs are 2x higher bro? What energy costs are you talking about...? > How much more can people take as they pass on costs to everyone but themselves? They aren't passing on costs to anyone, they're getting the same market rates as the rest of us. > How much food did we import? Our net imports are pretty small. $40b in total. And in many years we've been net food exporters. > Fertilizer has cascading effects. Hell the whole thing has cascading effects. No, I don't think it does. > I'm sure that car manufacturers that keep laying their employees off due toack of materials are needing that aluminum right about now. I'd say most of the layoffs have been because of a lack of interest in their cars (mostly because they make trash cars). > We burn empty well byproduct for energy by majority, LPG/LNG. The domestic cost of this is 3x what it was. The energy crisis won't be a shortage in this country lol. This sounds like idle rambling to me. Did you have a point? > You're talking about over 1/8th of what we attain from imports being gone No, lol, that's a massive overestimation. You think 1/8th of our imports are going to disappear? Be real. Jesus, I knew the bears were retarded, but I didn't know *how* retarded.

No_Feeling920

You mean like trying to use CNG in an LPG car (or vice versa)? 😄

Cute-Pomegranate-966

Depends on the type of datacenter. AI datacenters use vastly more energy than you suggest. The energy prices are being subsidized by the citizens of the state. Why do you think the energy costs are 2x higher bro? How much more can people take as they pass on costs to everyone but themselves? How much food did we import? Fertilizer has cascading effects. Hell the whole thing has cascading effects. I'm sure that car manufacturers that keep laying their employees off due toack of materials are needing that aluminum right about now. We burn empty well byproduct for energy by majority, LPG/LNG. The domestic cost of this is 3x what it was. The energy crisis won't be a shortage in this country lol. You're talking about over 1/8th of what we attain from imports being gone as a rounding error I can't take you seriously...no one should.

banff_lover

Government put a price cap because of upcoming elections. Gasoline prices are highly regulated in India. India doesn’t buy significant oil from Iran anymore due to sanctions. Some LPG for sure

Ill-Expression1737

A Japanese-affiliated tanker carrying liquefied petroleum passed through the Strait of Hormuz on Saturday and left the Persian Gulf, according to media reports. The Indian-flagged LPG tanker Green Sanvi, owned by the Mitsui O.S.K. Lines, became a second case of Japanese-affiliated vessel to have passed through the key waterway since the U.S.-Israeli attacks on Iran began, the Yomiuri newspaper reported. The tanker headed to India after leaving the Persian Gulf and all crewmembers are safe, Yomiuri said, quoting Mitsui as saying. On Friday, Mitsui’s LNG tanker Sohar LNG became the first Japanese-affiliated vessel to pass through the strait. Inquiry to Mitsui was not answered Saturday night.

OpenJolt

**Orders received and executed in the 2026 US-Iran conflict simulation.** Following the collapse of all mediation efforts, the United States and coalition partners have initiated **full-spectrum energy denial operations** against Iran. The objective is total and sustained degradation of the country's oil, gas, and electricity infrastructure — eliminating revenue streams and plunging urban centers into prolonged blackouts. ### Oil and Export Infrastructure - All major export terminals (Kharg Island — which has historically handled the bulk of Iran's crude shipments — along with Jask, Lavan, Sirri, Bandar Abbas, and Assaluyeh) are now under sustained kinetic and naval interdiction. - Production hubs in Khuzestan province and associated refineries (total domestic capacity ~2.6 million barrels per day) are being systematically neutralized. - Result: Iranian crude and condensate exports, already strained by the ongoing war, drop to effectively zero. No significant revenue from oil or petroleum products for the foreseeable future. ### Gas and Upstream Energy - The South Pars field (world's largest gas reserve and a cornerstone of Iran's condensate/LPG exports) is under repeated strikes, building on prior damage. - Associated processing and pipeline networks are rendered inoperable. ### Electricity Grid - Targeted operations focus on natural gas-fired thermal plants, which generate ~80-95% of Iran's power. - Key large-scale facilities supplying Tehran and other major cities (including high-capacity sites like Damavand) are prioritized. - While Iran's grid is decentralized across 150+ plants (reducing single-point failure risk compared to more centralized neighbors), the combination of physical destruction, cyber disruption, and sanctions blocking spare parts/transformers ensures cascading failures. - Projected outcome per operational modeling: Nationwide blackouts in urban centers lasting 12+ months, with rolling or permanent outages crippling water pumping, hospitals, industry, communications, and governance. ### Economic and Strategic Impact Iran's hydrocarbon sector (historically providing 40-85% of government revenues and the vast majority of export earnings) is now in a multi-year coma. No oil/gas income means no funding for the regime's military, proxies, or nuclear ambitions. The economy contracts sharply, with internal pressures mounting toward potential collapse. **Global side effects** (already materializing): Oil prices spike further as the market absorbs the loss of even Iran's reduced wartime exports. Regional allies face ripple effects, but the Strait of Hormuz remains the focal point of containment. This phase achieves your stated goals: zero meaningful energy revenue for years and cities without reliable electricity for a year or longer. Humanitarian costs will be severe and are acknowledged as part of total war. **Status: Operations ongoing. Awaiting further directives or real-time developments.**

xRedStaRx

No, far from it. The main classes: - **VLCC**: ~2M barrels - **Suezmax**: ~1M barrels - **Aframax**: ~500-600K barrels - **Panamax**: ~300-350K barrels Plus smaller product tankers and chemical tankers carrying maybe 50-300K barrels equivalent. So the per-barrel toll cost depends heavily on the vessel size. On an Aframax, $2M ÷ 500K barrels = **$4/barrel**. On a smaller product tanker carrying 100K barrels, you're looking at **$20/barrel**. That said, we don't know if Iran is charging a flat $2M regardless of size or if they're adjusting. The reporting just says "up to $2M" and it's ad hoc — there's no published tariff schedule. It's the IRGC running a shakedown, not a structured toll authority. For crude, most Gulf exports move on VLCCs and Suezmax, so $1-2/bbl is the realistic range for crude. But for refined products and LPG moving on smaller vessels, the per-barrel hit could be meaningfully higher.

Maleficent-Gur-5951

Preparing at home is the next viable option. But there is the demand for the LPG cylinders at home.

Actual_Difference617

So we can just quiet war and everything goes back to normal? How about the oil infrastructure damage, LPG infrastructure damage, etc? And there was no news of Strait even opening. It just a ‘taco’ wrapped in different clothes.

Maleficent-Gur-5951

I live in US and my parents live in South India. The reality is most restaurants are closed right now in India. The restaurants doesn't even have the LPG cylinders to run the business. It's ironical that many countries need to go through this eventhough they didn't cause it and so easy to say there is no shortage in US.

Maleficent-Gur-5951

The restaurants in India are already getting closed due to the high demand and costs for LPG cylinders. And the households are running out of them as well. Folks were trying to switch to Induction stoves but all have been sold out. Slowly, the food costs are going up.

Piano-bandit

Uncertainty is what is going on. And then in other news, Russia might be a top player in oil soon, US is trying to pivot to LPG, China been getting heavy on the renewable and India making moves on the sideline while Vietnam is about to be the hot emerging market this year.

15X2030

I’ve been having the thought lately, how many millions of people everywhere are being affected by this war. People in iran are dying, global markets affected, LPG/LNG shortages, electronic crises in some poorer countries

mayibefree

Unfortunately their fleet is mainly for LPG and refined products, not crude. Speculatively Interesting nonetheless.

NoBuyers

It's the crude oil tankers that really matter. LPG tankers, container ships etc. are not very significant.

Disastrous_Rent_6500

Dorian LPG. Massive profits this quarter, and they don’t need to go to the Persian Gulf for massive amounts of revenue.

LinearSpectrum2026

Perfectly stated. I put a similar comment before I read yours, perfectly written! You’re right it is Qatar’s LNG infra that was hit 17% (I incorrectly put it as LPG which is Oman). Market is definitely not factoring in the long term effects as you stated, and third world countries in Asia will be among the worst hit!

Inevitable-Scheme-38

India has about 8 frigates and an aircraft carrier escorting crude and LPG tankers through the Hormuz right now. Their supply is guaranteed for now, but the government is going to be paying a very high bill for emergency Oil & Gas subsidies.

LinearSpectrum2026

The problem isn’t as much Iran charging $2m, that comes to about $1 per barrel of oil which in itself not an issue. The problem is that contrary to what Trump is projecting, the straits of Hormuz are still closed (with a few exceptions) and Iran is clearly in control of this. Plus what the market, which is hyperfixated on Trump’s contradictory messaging, is forgetting is that there has been some not insignificant damage in this useless and unnecessary war to oil infrastructure. This will result in permanently high oil prices for the next 2-3 years, and definitely tip us in a recession, in addition to spreading misery in third world countries which will be impacted by LPG shortages.

13jfncjai31

While a couple Indian LPG carriers and Chinese vessels have successfully made it through the strait, the bottleneck so ridiculously bad that I don’t think it will matter. The average is roughly 138 vessels crossing per day. Currently it’s not even double digits numbers of ships making the transit. You cannot choke off 20% of the world's daily oil supply and expect the rest of the globe to be fine. Also, the real problem is the insurance. If there’s even a 1% of a ship getting blown up during transit then insurance will either not cover it or be so prohibitively expensive that it won’t matter. Plus, oil is a global commodity Even though China and India are physically receiving some oil, they are still subject to a global price surge. What are your thoughts on the spread between Dubai physical Crude and WTI, why would a crummier barrel which is usually priced at a discount of a couple bucks per gallon be selling for 130 (went to 170 last week) while WTI is only at 100? I think there’s a lot of manipulation in the futures markets to keep prices nominally low to calm panic but once the US refineries run out of pre war reserves they’ll HAVE to buy heavy oil on the market at spot price if we want to produce any diesel or jet fuel. Is my read wrong? I would really appreciate your input as someone who knows the oil markets more than me

Flaeskesdie

Call me crazy, but RBNE is a shipping company with 3 ships, 1 oil tanker and two LPG carriers. That's it. I don't know why they suddenly shot up today, besides the share buyback announcement, but I would be very very careful with investing in RBNE right now.

Roxorek

|**Type**|**Commodity**|**Country / Region**|**Severity**| |:-|:-|:-|:-| |EMERGENCY|electricity|Sri Lanka|MODERATE| |RATIONING|diesel|United Kingdom|MODERATE| |RATIONING|gasoline|United Kingdom|MODERATE| |PRICE SPIKE|gasoline|United States|MODERATE| |EMERGENCY|energy|Philippines|CRITICAL| |EMERGENCY|gasoline|United Kingdom|MODERATE| |SHORTAGE|fuel|Nigeria|MODERATE| |SHORTAGE|fuel|Philippines|CRITICAL| |SHORTAGE|gasoline|Bangladesh|SEVERE| |SHORTAGE|fuel|China|MODERATE| |RATIONING|fuel|EU country|MODERATE| |SHORTAGE|diesel|Australia|MODERATE| |SHORTAGE|LPG|India|MODERATE| |SHORTAGE|gasoline|United States|MODERATE| |PRICE SPIKE|high-octane\_fuel|Pakistan|SEVERE| |SHORTAGE|gasoline|Australia|MODERATE| |SHORTAGE|fuel|Sri Lanka|MODERATE| |RATIONING|gasoline|Slovenia|MODERATE| |PRICE SPIKE|diesel|Australia|MODERATE| |SHORTAGE|LPG|Cambodia|MODERATE| |RATIONING|petrol|Kenya|MODERATE| |SHORTAGE|gasoline|diesel|India (Gujarat)|MODERATE| |SHORTAGE|diesel|United States|SEVERE| |SHORTAGE|jet fuel|Africa|MODERATE| |SHORTAGE|diesel|Bangladesh|MODERATE| |PRICE SPIKE|diesel|Philippines|SEVERE| |PRICE SPIKE|gasoline|Philippines|SEVERE| |RATIONING|gasoline|Myanmar|MODERATE| |SHORTAGE|natural\_gas|India (Gujarat)|SEVERE| |RATIONING|gasoline|Kenya|MODERATE|

jrex035

>From March 1 to 1600 GMT on March 23, commodities carriers made just 144 crossings, according to analytics firm Kpler -- a 95 percent decrease from peacetime. That's really bad >Of these, 91 crossings were by oil and gas tankers and more than half were loaded, Kpler data showed, with most travelling east out of the strait. >"Traffic through the Strait of Hormuz continues to be severely disrupted," shipping intelligence journal Lloyd's List said in its latest update Monday. >On Monday, two Indian-flagged tankers carrying liquefied petroleum gas (LPG) and a China-bound carrier were among the latest to navigate the strait, according to Kpler. >Monday's crossings all appeared to have used a purported Tehran-approved northern route around Larak Island just off the Iranian coast. This certainly looks like a toll system/approval system, which means Iran has de facto control over the Strait. >Lloyd's List updated Monday that it has tracked more than 20 ships using the so-called corridor, with the majority Greek-owned but others Indian-, Pakistan- and Syrian-owned. Implies that Iran is making deals with some countries to allow some traffic through, curious what exactly they're getting through the agreement. >Of the oil and gas tankers, nearly 59 percent were under sanctions. >Since March 16, "anything heading westbound has been shadow fleet, gas carriers or tankers... they absolutely dominate the traffic going through," Diakun told the Lloyds briefing. This really suggests, again, that Iran controls the Strait and is benefitting from the current arrangement. >The JPMorgan analysts said overall 98 percent of the observable oil traffic through the strait was Iranian, averaging 1.3 million barrels a day "in early March". Yikes, that's really bad for the "don't worry the Strait isn't really closed" narrative

Concerned_Fanboy

>⁠Two Indian-flagged ⁠liquefied petroleum gas (LPG) tankers have sailed through ⁠the Strait of Hormuz although overall ⁠traffic through the critical waterway remains blocked, according to data and sources. Hundreds of ⁠ships remain stuck inside the Gulf with thousands of seafarers ‌stranded due to the US-Israeli war on Iran. lmfao how does India always fucking win it is incredible

hfbvm2

If people here read any international news they'd know how bad things are. We are currently losing hundreds of lives a day, which will only get worse. Just search LPG shortages or petrol shortages, which are LNG/gas synonyms. It's horrifying news, can't TACO out of that. Puts will print just don't know when

hfbvm2

Oh not like Europe announced stocking up gas and rationing today. It couldn't even make top 50 with all the bullshit going on. My wife's family in south asia has a bought a charcoal stove and charcoal because the dont expect lng to be available. Restaurants have shut down across south asia due to gas being only for domestic and government use. Just one google about LPG will tell you that everything you said is already happening.

Disastrous_Rent_6500

Both LPG and LNG are in the same boat, but we’ll see how much money these companies made next earnings report.

Disastrous_Rent_6500

Coal is cool. But I rather invest in LPG instead which is a cleaner alternative to coal and is also going through a gold rush right now.

sailortyx56

Bloomberg reporting that Iran Navy guided Indian LPG tanker through the Strait of Hormuz [Link](http://bloomberg.com/news/articles/2026-03-21/iranian-navy-guided-indian-tanker-through-strait-of-hormuz-crew-member-says) But I was told their navy was destroyed????

shryke12

China is extremely dependent on middle east LPG and oil.....

Icommandyou

A country of 1.5bn has already started rationing LPG and we barely into a month of this war

2020isgreat

The International Energy Agency suggests diverting the use of liquefied petroleum gas (LPG) away from transport applications. lmao[](https://x.com/FirstSquawk/status/2034874212507426999)

5uckmyd1ckb1t4

>While everyone is focusing on the supply side of energy, here is what nobody is discussing (yet): demand is falling off a cliff, as either prices are too high, or there simply aren't any physical inputs. First in Asia: > >With over half of Japan's naphtha imported, petrochemical producers are trimming output: >\- Mitsubishi Chemical and Mitsui Chemicals have reduced ethylene runs >\-Sumitomo Chemical may delay restarting Keiyo Ethylene and expects reduced rates even after restart. > >South Korea is also seeing pressure build across the sector. >\- YNCC, one of the region’s largest ethylene producers, has declared force majeure and is running its cracker at significantly reduced rates. >\- Both Lotte Chemical and LG Chem have warned customers that they may follow, and the government has temporarily designated naphtha an “economic security item” to manage dwindling stocks. > >In China, Sinopec has cut March refinery runs by about 10% to conserve crude stocks. >\- A Shell–CNOOC joint venture has shut its Huizhou ethylene cracker and told customers that polyethylene shipments are suspended indefinitely effective March 5 >\- Wanhua Chemical has declared force majeure for Middle Eastern customers amid severe LPG feedstock disruptions. > >In Indonesia, Chandra Asri is operating at reduced rates and has declared force majeure following a sudden halt in feedstock arrivals. > >In Taiwan, Formosa Plastics Group’s Taiwan Petrochemical declared force majeure on March 10 and indicated that, if shortages worsen, volumes will be allocated based on actual availability. > >India suspended shipments of LPG to commercial operators to prioritize supplies for households, leading to worries from hotels and restaurants that they may be forced to close.

tinydisaster

Ok so was this all a make BRICS great again? china has leverage over Iran to basically have de facto control over the strait now. They sell drone parts in and still get oil out. They have huge reserves and their manufacturing sector is probably still using cheap oil to operate. They can watch and learn what works and what doesn’t against US weapons now. Petroyuan. India - can buy cheap russian oil now. They are having LPG problems, but ships are moving through from Iran to them. Russia - can finance their petrostate at full price, since their economy was going broke under sanctions. Big money. Billions per day. Brazil- keep selling agricultural goods to China, undercutting USA farmers. I’m sure there are others, and obviously a global economic recession is bad for everyone on one level or another. Places like Egypt, Bangladesh are going to struggle to feed their population and without USAID we will have a global famine. Basically 🥭 has tanked SE Asian economies, Europe, US, and the global south that was unaffiliated.

shades255

Next leg up. LPG!

adheretohospitality

It is not just oil though. LNG and LPG. One THIRD of the worlds fertilizer trade, ammonia sulfur phosphates. Metals like copper, nickel, cobalt, about 9% of the primary aluminum output. It has all been put on hold for weeks now, supply lines are going to start to crack at some point.

GornsNotTinny

Yeah, I bought some Dorian (tkr: LPG) a while back and they haven't done much, but I'm not sorry I have them. I recall at the start of the Ukraine war LNG was in super high demand, and shipping was nowhere to be found. Now the situation is reversed, but it might be a good thing for US LNG in not too long.

Commercial_Try9096

The LPG passage exposes how desperate India’s situation is, not that it’s resolving: ∙ India had to invoke emergency powers to maximize LPG production, cut industrial sales to prioritize households, and banned consumers with piped gas connections from obtaining LPG refills. This is wartime rationing behavior from the world’s fifth-largest economy. ∙ India imports nearly 60% of its LPG requirements, and most shipments come from Gulf countries through Hormuz. Two ships carrying ~80,000 MT total is a band-aid on a structural dependency that moves millions of tons monthly. ∙ The fact that Modi had to personally call Pezeshkian to get two cooking gas ships through tells you how fragile India’s energy security actually is. This isn’t a country that has alternatives, this IS the alternative. India is now dependent on Iranian goodwill for basic household cooking fuel.

bikkhu42

mango thought operation would be short and people would overthrow the govt. they didn't. iran state machinery strong. Now mining the strait! hard to sail boat in sea with danger circle. global oil prices go up because India relies on Iranian LPG. Trump sad.

5uckmyd1ckb1t4

>HORMUZ OIL FLOWS NEAR STANDSTILL, GOLDMAN SACHS SAYS Goldman Sachs says oil shipments through the Strait of Hormuz have nearly stopped. Based on vessel tracking, flows have fallen from about 19.5 million barrels per day to just 0.5 million barrels per day over the past few days. After accounting for pipelines redirecting some supply, the net disruption to Persian Gulf exports is estimated at about 17.2 million barrels per day. Tracking is difficult, but two independent vessel-count sources showed no oil tankers crossing the strait on March 12. Reuters reported that Iran did allow two India-flagged LPG carriers to pass, with one escorted by the Indian Navy. Goldman says flows could recover through three scenarios: Iran selectively allowing some tankers through (such as those linked to China or India), a broader de-escalation of the conflict, or stronger naval protection for shipping. However, the bank warns recovery could take longer than expected. So far, none of the reported tanker attacks have involved Asian-flagged ships, which is significant since Asian buyers account for the majority of Hormuz oil shipments.

Careful-Trade-9666

Wait till someone points out that China has had oil tankers pass through the strait, India had LPG tankers pass through the strait. It’s like only one country isn’t allowed to transit its ships

Commercial_Try9096

The Iraq angle is under-discussed. Iraq’s crude goes through Basra, which feeds directly into the Gulf and out through Hormuz. They’re already shutting in production because there’s literally nowhere to send it. Kuwait declared force majeure. Qatar halted gas production after Iranian drone strikes on Ras Laffan. But here’s the second-order trade nobody’s talking about: India. India imports 85-90% of its oil, half through Hormuz. 60% of its LPG (cooking fuel for hundreds of millions) through the same corridor. 8 weeks of strategic reserves. Modi just called Iran for the first time since the war started — basically begging for safe passage for 28 stranded Indian ships. Goldman called India’s inventory cushion “much lower” than other Asian markets. INDA (iShares MSCI India ETF) is at $48, literally 1 penny from its 52-week low. Foreign investors already pulled a record $16.4B from Indian equities in 2025 and the selling has accelerated in 2026. It’s the most oil-vulnerable major economy in the world right now, and it’s barely on anyone’s radar here. September puts look interesting if you think Hormuz stays contested into summer.

Disastrous_Rent_6500

In 2024 I decided to put 50% of my portfolio into AI stocks. Since I realized “What can go wrong will go wrong” in the stock market, I hedged against the worst case scenario for AI stocks and bought one individual energy stock called Dorian LPG. The Thesis is: If China Attacks Taiwan, This stock will boom while my AI stocks crash. Unfortunately I was correct, but not in the way I expected. The Stock has not boomed at all, BUT because of the Iran War, the company is making more money I could have ever imagined right now.

Longjumping_Tree6561

JPMORGAN: OIL SUPPLY SHUT-INS MAY HIT 12M BPD Global oil production shut-ins could surge to 12 million barrels per day next week as shipping disruptions continue, according to JPMorgan Chase & Co.. Head of commodities research Natasha Kaneva said the massive supply gap means the market can only rebalance through lower consumption. However, she stressed this isn’t traditional “demand destruction.” Consumers still want fuels like diesel, jet fuel and LPG—but supply shortages mean they simply can’t get them.

RemarkableVictory990

**JPMORGAN: OIL SUPPLY SHUT-INS MAY HIT 12M BPD** Global oil production shut-ins could surge to 12 million barrels per day next week as shipping disruptions continue, according to JPMorgan Chase & Co.. Head of commodities research Natasha Kaneva said the massive supply gap means the market can only rebalance through lower consumption. However, she stressed this isn’t traditional “demand destruction.” Consumers still want fuels like diesel, jet fuel and LPG—but supply shortages mean they simply can’t get them. [](https://x.com/DeItaone/status/2032450297042260365)

SentientStarDirt

In India there is LPG shortages, Restaurants are shutting down, People have already started panic buying fuel. In a month or two we will enter battle royale conditions if this goes on.

Disastrous_Rent_6500

I would invest is Gas Carriers. They’re making record amounts of money in relation to their market caps ever. The one I’ve invested in for a year is Dorian LPG. The reason why I think it’s the best is because their revenue doesn’t rely on the Persian gulf at all, and all their ships are safe from attack.

Rough-Recording-3220

No, the common populace is not facing a LPG shortage because companies are forced to prioritise households over businesses, the only "shortage" was because people started panic buying and jammed all the mediums to order cylinders.

ThunderBirdy211

we are NOT facing LPG shortage stop with the Bs

Express-World-8473

>India, China and Russia all three making a killing Lol no, not in India atleast. Gas stations for Auto Rickshaws (Tuk-Tuks) got closed due to lack of CNG. Restaurants are on a strike as the government declared they would prioritise household LPG and workers are worried they would stop supplying commercial LPG. Schools have already raised the fees by 15% citing the war (which is bizarre, as there's no real life impact on prices yet). Induction stoves are out of stock already.

quick20minadventure

Nope. India is suffering due to the blockade. It's heavily energy reliant on that strait, while US is not. US can keep escalating this, while India is going to be LPG starved.

axinous_af

I can get my LPG cylinder now. Wow, it's always the small things like these that bring joy to life. 😉 With this as evidence, I can put some pressure on our LPG agency to deliver my pending cylinder ASAP.

HERE_COMES_SENAAAAAA

No we Indians aren't, we are already facing LPG shortage and soon maybe diesel and petrol shortage as well. Common populace is suffering because of Americans again.

kaapooj

LPG shortages india, fuel rationing in several asian countries trump's base e.g. r=conservative literally out for blood: e.g. >No, that demonstrates my point. Leadership was weak and restrained. For example, Iran was responsible for many US deaths and a fought us yet we did nothing. Then Obama handed them cash. I mean what a joke. So no not 2001. More like what we did to Germany and Japan. Iran has to inflict a high price on US, Israel to deter a new war in the next 3y, their only avenue id deep economical pain I have no hope for the market