Top Stories

Europe & Africa Market Update 13 Jun 2025

14/06/2025

Changes on the day to 09.00 GMT today:

  • VLSFO prices up in Durban ($47/mt), Rotterdam ($37/mt) and Gibraltar ($36/mt)
  • LSMGO prices up in Gibraltar ($49/mt) and Rotterdam ($47/mt)
  • HSFO prices up in Durban ($44/mt), Gibraltar ($36/mt) and Rotterdam ($34/mt)
  • Rotterdam B30-VLSFO premium over VLSFO

Will China continue to build stock?

14/06/2025

China recorded another month of strong crude stock builds in May, even as seaborne imports softened. This trend raises a key question for markets: what are the latest figures telling us about China's underlying demand?

China's seaborne crude imports fell 8%