Working natural gas in storage in the Lower 48 states ended the natural gas injection season with 3,922 billion cubic feet (Bcf), according to estimates based on data from our Weekly Natural Gas Storage Report released on November 7. U.S.

​The International Energy Agency projects global oil supply will exceed demand by over 1 million barrels per day in 2025. This forecast assumes OPEC+ maintains its current production cuts throughout the period.

​Non-OPEC+ countries, particularly the United States, Canada, and Guyana,

Clean

LR2

LR’s in the MEG saw a welcome uptick in activity and freight levels this week. Although rates have not climbed aggressively, sentiments have remained strong. TC1 75kt MEG/Japan hopped up 18.33 points to WS119.44 and for a run on TC20

The Rotterdam-Singapore Green and Digital Shipping Corridor (GDSC) partners have conducted a successful pilot for the bunkering of mass-balanced liquefied bio-methane (LBM) at the Port of Rotterdam (PoR) on 19 October 2024. A total of 100 tonnes of mass-balanced LBM

North America

Bunker fuel demand has been good in Houston this week, but availability for all grades has been tight for prompt delivery dates.

Most suppliers can offer VLSFO and LSMGO stems with a lead time of 7-8 days in Houston. HSFO

OPEC+ has once again postponed its plan for the revival of its production until January. The outlook for next year is widely seen to be negative with the main international agencies expecting a surplus even if OPEC+ does not step

In the maritime shipping industry, it’s common for a single vessel to carry cargo for multiple charterers during a single voyage. This presents a significant challenge when it comes to accurately allocating emissions to each charterer. The traditional approach of

As we approach the latter part of the year, crude oil prices remain under close scrutiny due to a combination of supply-side constraints, geopolitical tensions and changing global demand patterns. Several factors will likely influence the price and availability of

Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that Worldscale Association Ltd (Worldscale), a leading provider of tanker freight rate references, has chosen ICE’s European Carbon Allowance (EUA) futures settlement price as the benchmark carbon

Northwestern Europe

Prompt HSFO and VLSFO availability remains tight in Rotterdam and across the wider ARA hub, a trader told ENGINE. Lead times of 7-10 days are advised for HSFO and 5-7 days for VLSFO. LSMGO is available in the ARA