Bunker Fuels

Urals crude oil prices hit a three-month low, influenced by expectations of a US-Iran deal and potential supply increases

US crude oil inventories decreased by 8.330 million barrels, less than forecasted, signaling mixed demand

The crude oil market is adapting to geopolitical recovery and increased supply, yet weak Chinese demand limits price gains

The IEA has lowered its 2026 global oil demand forecast, attributing the change to the Middle East conflict's impact

Molgas Energy Group aims to launch a regular LNG bunkering service at Italy's Port of Palermo after a successful spot delivery.

The IEA predicts a gradual recovery for the global oil market after the Strait of Hormuz closure, with a surplus by 2027

Azane Infrastructure is developing three ammonia bunkering terminals in Norway, aiming for a 2029 launch.

Hong Kong's Marine Department is rolling out two new incentive programs to encourage the use of greener maritime fuels

CMA CGM and Capital Clean Energy Carriers have formed a joint venture to operate an LNG bunker vessel

Former President Trump suggests US sanctions on Russian oil may soon be reinstated, impacting global energy markets and shipping.

The UK will ban imports of diesel and jet fuel made from Russian oil in third countries starting in 2027

The US will immediately lift sanctions on Iranian oil and fuel exports under a new agreement to end the war

Repair operations are scheduled to commence at the Tolo Harbour oil terminal in Hong Kong starting June 2026.

Fujairah's marine fuel sales saw a substantial month-over-month decline of over 23% in May, primarily due to reduced LSFO demand

Dubai-based bunker trader Oilmar has established a new Board of Directors to provide strategic direction and risk management.

Bunker Holding announced strong financial results for 2025/2026, with a $424 million gross profit despite market uncertainty

CPN's Zhong Ran 23 bunker barge is the first to be listed under Hong Kong's new MFM-based quality scheme

BIMCO's new clause assigns liability to charterers for issues arising from substandard biofuel supplied to vessels.

Moeve is expanding its bunker barge fleet to supply 100% biofuels, driven by rising demand for low-carbon shipping.

Norway's shipping industry utilized 9% of the country's total biofuel sales in 2025, amounting to 59 million litres

Singapore's MPA foresees a prolonged multi-fuel era for shipping due to fragmented regulations and infrastructure.

Oil prices continued their downward trend as markets awaited details on a US-Iran peace deal that could reopen the Strait of Hormuz

Cushing crude oil inventories have dropped to critical levels, nearing the operational minimum amid a global supply crunch.

US natural gas prices remained stable around $3.14 per MMBtu, supported by a rebound in LNG export activity.

Marine fuel quality alerts have surged due to catfines and sediment, impacting global shipping operations

Molgas Energy Group completed the first LNG bunkering operation at Italy's Port of Palermo, using three trucks to fuel a ferry.

UK natural gas prices hit a five-week low after a peace deal was reached between the US and Iran, easing market tensions

Singapore's port saw a 6.8% year-on-year drop in May bunker sales, though monthly sales increased from April

VLSFO samples from Singapore showed high cat fines and elevated acid numbers, exceeding ISO 8217 specifications.

Major ship charterers and operators made limited progress on decarbonization targets in 2025, despite biofuel adoption