North America
Houston has experienced a slight surge in bunker fuel demand this week, leading to tight availability across all fuel grades for prompt supply. Most suppliers are fully booked until the first week of August, with only one supplier able

Asia to dominate demand growth
The supply side of the equation is relatively easy to forecast, given the visible pipeline of projects. However, demand is a lot more difficult to forecast. This is particularly due to the current energy transition, and

In the 30th week, the MABUX global bunker indices continued their moderate downward trend. The 380 HSFO index fell by 11.25 USD: from 552.94 USD/MT last week to 541.69 USD/MT, breaking through the 550 USD mark. The VLSFO index decreased

ABS has released guidance focused on ammonia bunkering, the first such advisory for the industry.

The ABS Ammonia Bunkering: Technical and Operational Advisory considers the aspects of bunkering ammonia as a fuel, providing the maritime industry with a better understanding of

As of 22nd July, Europe's seaborne crude/condensate imports in July (days 1-31) are observed at 10.5mbd, the lowest level since October 2021. It represents a 100kbd m-o-m decline and 1mbd y-o-y decline. This decline in crude import demand comes at

Northwest Europe
Prompt LSMGO and VLSFO availability have tightened in the ARA hub because of bunker barge loading delays at some oil terminals. Some barges are experiencing delays in loading products from oil terminals, a trader said. This has resulted in

Singapore and Malaysia

Despite low bunker demand in Singapore, lead times for VLSFO have increased from 5–14 days last week to 12–18 days now due to limited barge availability, according to a source.

HSFO availability also remains tight for both prompt and

Consumption of natural gas in Europe consistently decreased since mid-2022, driven by a combination of mild winter weather and government policies aimed at reducing natural gas consumption. In 2023, natural gas consumption in the European Union’s 27 member countries (EU-27)

The average monthly wholesale spot natural gas price at the U.S. benchmark Henry Hub fell by 20% to $2.56 per million British thermal units (MMBtu) between January and June of this year, according to data from Refinitiv Eikon. In January,

The European Union (EU) targets a ban on Russian fuel imports by 2027. However, nearly half of Russia’s pipeline gas supplies to Europe and Moldova are still passing through Ukraine, totaling 13.7 billion cubic meters (Bcm) in 2023. As the