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

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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

High costs have kept green hydrogen projects from taking off, but new regulations in the European Union’s (EU) refining sector offers a solution to launching this carbon friendly technology at scale, according to a new Horizons report from Wood Mackenzie.

According

• Bunker demand low in Zhoushan
• Prompt VLSFO tight in Japanese locations
• VLSFO and LSMGO availability tight in several Indian ports

Singapore and Malaysia
In Singapore, VLSFO deliveries now require lead times of 7–10 days, narrowing slightly from last

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LR2
LR2 freight in the MEG weakened this week with reports of demand reduced for the size over the last few days. The TC1 75kt MEG/Japan index dropped from WS151.94 to WS144.17. A TC20 90kt MEG/UK-Continent trip also lost

SulNOx, the green fueltech company backed by Idan Ofer and Contantine Logothetis, has secured an important patent for Eurasia in the significant fuel oil reclamation market.

The patent covers Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Turkmenistan.

The intellectual property protected

At the close of Week 33, the global bunker indices MABUX extended their downward movement. The 380 HSFO index dropped by USD 11.71 — from USD 468.61/MT a week earlier to USD 456.90/MT — nearing the USD 450 mark. The

Thailand's sustained economic expansion is powering a steady rise in electricity demand, and for now, that means continued reliance on natural gas and LNG. With coal remaining politically unviable and renewables progressing at a slower pace, gas is expected to