In a stable market environment, oil and gas operators with strategic procurement and supply chain capabilities typically achieve a cost advantage of 4% to 8% over their peers. But in today's volatile environment, the advantages are amplified. We estimate that

India’s crude imports are projected to fall by 0.3mbd m-o-m to 4.3mbd in August. Based on 9-year seasonal trends, arrivals of crude into India are typically the lowest in August. Domestic demand for gasoline and diesel used in road transport

Northwest Europe
VLSFO, HSFO and LSMGO fuel grades are readily available in ARA, with buyers advised to enquire 5-7 days ahead of delivery to get good coverage from suppliers, a trader told ENGINE.
ARA's independently held fuel oil stocks have

The Global Centre for Maritime Decarbonisation (GCMD) today released a landmark report on the world's first field validation of tracer technologies in marine biofuel supply chains. Conducted in Singapore, Rotterdam, and other major bunkering hubs, the trials demonstrated that tracers

Singapore and Malaysia
Bunker demand in Singapore has stayed subdued so far this week, a source said. VLSFO deliveries still require 7–10 days, unchanged from last week, while HSFO supply remains steady with lead times of 7–10 days, nearly the

Key figures on Europe – 2025 edition, published in July, provides an overview of recent developments in the EU, covering topics from people and society to economy, business, environment and natural resources. Today, we focus on the transport sector, highlighting

We forecast natural gas consumption in the United States will increase 1% to set a record of 91.4 billion cubic feet per day (Bcf/d) in 2025. In our latest Short-Term Energy Outlook, we expect natural gas consumption to increase across

Clean

LR2

LR2 freight in the MEG continued to track downward this week. The TC1 75kt MEG/Japan index dropped from WS143.06 to WS137.5. A TC20 90kt MEG/UK-Continent trip also lost $162,500 of value to $3.85 million, which at time of writing remains

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is further disrupting Iran’s oil exports by imposing sanctions on Greek national Antonios Margaritis, his network of companies, and nearly a dozen vessels involved in Iran’s shadow fleet. Margaritis

– Hurricane Erin active along East Coast
– Panama lead times shorten on strong supply
– Argentina's Upriver drought persists

North America
Bunker fuel demand is healthy in Houston, with normal availability across all grades for prompt deliveries. VLSFO and LSMGO