Machinery failure is one of the leading causes of accidents at sea, and a new study shows that smarter, real-time monitoring could significantly reduce the risk. According to From Data to Action, a report on the topic of high-frequency data

Oil Market Highlights

Crude Oil Price Movements

In July, the OPEC Reference Basket (ORB) value increased by $1.24 month-on-month (m-o-m), to average $70.97/b. The ICE Brent front-month contract dropped by 25¢, m-o-m, to average $69.55/b, and the NYMEX WTI front-month contract dropped

The carbon offsets market has experienced a significant slowdown since 2021, primarily due to scandals surrounding project quality and overstated impacts. Yet, with net-zero targets becoming non-negotiable for governments and corporates alike, demand is expected to rebound, driven by a

After decades of slow growth, natural gas consumption is picking up as it’s viewed as a dependable and affordable fuel for powering everything from automobiles to humanoids, biogenetics to AI data centers and semiconductor production.

The momentum comes mainly from Asia,

Clean

LR2

LR2 freight in the MEG continued to firm modestly this week. The TC1 75kt MEG/Japan index added 5.28 points to WS153.06. A TC20 90kt MEG/UK-Continent trip also ticked up over the $4 million mark to $4.16 million. West of Suez,

From 2020 to 2024, crude oil and condensate exports from Russia averaged 5.0 million barrels per day (b/d). Exports from Russia in the first half of 2025 (1H25) were 4.3 million b/d (compared with 4.8 million b/d in 2024). Even

– HSFO tight in Houston
– Bunker demand static in Los Angeles
– Demand improves in Panama

North America

Bunker demand remains steady in Houston, with fuel availability at the port considered normal. VLSFO and LSMGO can be delivered with a recommended

BetterSea, the digital maritime compliance platform, proudly announces the launch of the world’s first FuelEU Index, a powerful new market benchmark designed to bring transparency, insight, and structure to the emerging FuelEU surplus trading environment.

The inaugural FuelEU Index reveals significant

Maritime financial advisory firm HHX.blue has unveiled a new white paper that offers a strategic roadmap to help shipping companies address the growing demands of the Net Zero transition.

This release comes in response to the recent implementation of IMO MERC 83 and EU ETS regulations, which

U.S. crude oil refinery inputs averaged 17.1 million barrels per day during the week ending August 1, 2025, which was 213 thousand barrels per day more than the previous week’s average. Refineries operated at 96.9% of their operable capacity last