
Shell Reports Record Refining Margins Amid Global Fuel Market Volatility
Shell reported record refining margins of $42 per barrel in Q3, exceeding previous highs due to volatile fuel markets
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Shell reported record refining margins of $42 per barrel in Q3, exceeding previous highs due to volatile fuel markets
Peninsula successfully completed its first LNG bunkering operation at Spain's Port of Sagunto, enhancing alternative fuel availability
Global marine fuel quality is stable overall, but port-level variability is increasing due to crude flow and refinery changes
The US EIA has raised its oil price forecast for this year and next, citing dwindling global stockpiles and a tight diesel market
RINA and PTT signed two MoUs to collaborate on maritime and energy decarbonization, focusing on low-carbon fuels and digitalization
Osprey Energy appoints Barend van Schalkwyk as MD, Alternative Fuels, leveraging his expertise in low-carbon marine bunkering
MISC Group's new dual-fuel LNG carrier, Th'ailib, has been named and will begin a 15-year charter with QatarEnergy.
Perpetual Next and Lhyfe will collaborate on green hydrogen supply for a new biomethanol plant in the Netherlands.
Blue Energy Partners has secured multi-million dollar financing to bolster vessel operations and expand international bunker trading…
Demeter Energy secured a feedstock agreement with Veransa Group for its biomethanol plant at SeaPort Manatee, Florida
Qatar's Kingdom Konsult and Saudi Arabia's The Biofuel Company partner to introduce B100 biofuel, targeting the maritime sector.

Oil supplies are recovering, but prices remain high due to Strait of Hormuz disruptions, soaring tanker rates, and refinery shortages

Oil industry executives forecast high global prices for years, citing shipping bottlenecks, reduced refinery output, and depleted…
Global oil inventories are critically low, and market pressures will continue until the Strait of Hormuz fully reopens.
Hapag-Lloyd completed its first SIMOPS biomethanol bunkering for a container vessel in Busan, South Korea.

Major air cargo hubs have maintained stable jet fuel supplies, avoiding operational disruptions despite price concerns
Chris Morgan, previously Shipergy's Credit Manager, has moved to Bunker Partner FZCO as Group Risk Officer in Dubai.
The Climate Ethanol Alliance calls for stronger fraud safeguards in IMO's draft sustainable fuel certification guidelines.
A potential US diesel export ban would mainly impact Latin America and drive up US consumer inflation, Goldman Sachs reports
Oil prices remain above $100 per barrel, influenced by diesel release and increased Strait of Hormuz flows
OPEC+ members will maintain current crude oil production targets for November, with Middle East conflict affecting supply.
Kazakhstan aims to increase crude oil exports via the Baku-Tbilisi-Ceyhan pipeline to 7 million metric tons per year
US natural gas prices remained stable around $3.02 per MMBtu, supported by cooler weather forecasts and strong LNG demand
Glander International Bunkering appointed Rune Kongstein as Commercial Director, Europe, to unify its regional operations
BlackCoral Energy appointed Rune Jensen as Senior Bunker Trader in Dubai to enhance its global trading network.
Gunvor has rebranded to Centalion and plans to relocate its headquarters from Cyprus to Singapore after a management buyout
The tanker sector may face reduced crude oil cargo availability if major exporting nations prioritize domestic infrastructure shifts
Rotterdam's B30-VLSFO biofuel premium over conventional VLSFO has widened significantly due to diverging price trends.
A new report indicates a rise in off-specification marine fuels across several global ports from April to September 2026.
Russia may partially resume diesel exports if production exceeds domestic demand, according to Deputy Prime Minister Alexander Novak.
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