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• Oil market could end up in 'unpleasant situation' if output increased too much: UAE's Mazrouei
  Oct 14
  OPEC and allies are scheduled to meet next month to review plans to increase production any more than the already agreed, at 400,000 b/d.
• BUNKERWORLD: Bunker prices climb on mounting energy prices, supply disruptions
  Oct 11
  South Korea 380 CST HSFO bunker supply is expected to be tight in October as Hyundai Oilbank and SK Energy are running low on high sulfur supplies, market sources said in the week started Oct. 3.
• FUJAIRAH DATA: Oil product stocks climb to 4-week high as heavy distillates jump 22%
  Oct 7
  Bunker sales were disrupted at Fujairah over the past week due to Cyclone Shaheen which struck Oman to the south of Fujairah on Oct. 3.
• LNG seen having key role in energy transition despite record high prices
  Oct 6
  Stabilizing LNG supply and prices will be essential for global economic growth, Hosaka said at a conference.
• APPEC: Future of oil bright but prices may dip to around $65-$70/b in 2022: BPCL executive
  Sep 28
  The world is in the midst of adverse climate conditions because of the overuse of fossil fuels, prompting the industry to turn its attention to high technological and capital intensive investment regimes related to renewable energy such as wind, solar power and even green hydrogen, he said.
• Regulatory uncertainty of European biofuel legislation bad for investment: panel
  Sep 22
  Another concern for the industry was the lack of definitive feedstocks in European legislation for advanced feedstocks, causing uncertainty in developing facilities in utilizing listed feedstocks.
• FEATURE: Methanol bunkers in the limelight after Maersk's latest ship orders
  Sep 16
  The Methanol Institute, in a recent report, urged the adoption of a well-to-wake approach in GHG accounting of fuels.
• FUJAIRAH DATA: August bunker sales rise 2.5% on month, miss estimates
  Sep 15
  Bunker sales in August at the UAE's Port of Fujairah, the world's third largest bunkering hub, rose 2.5% on the month to over 700,000 cu m for the first time in 2021, according to Sept. 15 data from the Fujairah Oil Industry Zone provided exclusively to S&P Global Platts. But the sales still missed estimates, partly because a ship attack off the port in August temporarily disrupted traffic, traders said.
• FEATURE: Energy transition like oil needs strategic reserves
  Sep 8
  **Alumina ex-works China price hit near 3-year high after Guinea coup **Need to diversifying supplies of battery metals: Platts Analytics
• Renewable hydrogen production growing faster than expected: electrolyzer producer
  Sep 7
  **240-MW plants to start in coming years: Cummins **$7-8/kg hydrogen at pump possible in California: Toyota
• OPEC+ affirms plans to hike October crude oil production by 400,000 b/d: delegates
  Sep 1
  **Producer alliance counting on robust oil demand **Russia's Novak hopes for full market recovery in 2022
• FUJAIRAH DATA: Oil product stocks fall to 5-month low as fuel oils decline 11% on week
  Aug 25
  **Fuel oils demand usually picks up in summer for power generation **Bunker sales have also been strong
• Tightening MF 0.5%S supply in S Korea sees delivered spread from Singapore improve
  Aug 19
  October is also expected to see lesser marine fuel 0.5%S production from the country's biggest refiner, SK Energy.
• IEA warns oil demand recovery stalls as COVID-19 impact drags
  Aug 12
  **Global demand fell 120,000 b/d in July on setbacks in Asia **Lowers 2021 demand growth estimate, 'call' on OPEC
• Sri Lanka's Colombo port sees first supply of delivered HSFO bunker fuel
  Aug 11
  The launch of barge deliveries of HSFO at the port on Aug. 6 was to meet demand from scrubber-fitted vessels.
• SINGAPORE DATA: Residue stocks fall to over 4-month low on firm bunker demand
  Aug 6
  **Bunker demand firms up amid a drop in crude oil prices **Fuel oil imports rise 24.6% on week to 854,467 mt
• Singapore's MPA, SMI co-fund electric harbor craft pilot program for cleaner shipping
  Aug 5
  **1,600 harbor crafts planned to run on low-carbon fuels in Singapore waters: Minister **MPA, SMI award funding to three joint industry-research consortiums
• FUJAIRAH DATA: Oil product stocks fall to 2-month low as diesel exports rise
  Jul 28
  The stocks of middle distillates, including jet fuel, diesel and gasoil, fell 21% on the week to 2.66 million barrels, the biggest weekly drop since March 2020 and the lowest since April 2020.
• Asia residual fuels: Key market indicators for July 19-23
  Jul 19
  In Asia, rising demand for fuel oil from Pakistan in August and September has seen higher premiums for spot HSFO cargoes loading over late-July, which are typically used for blending.
• BUNKERWORLD INDEX: OPEC concerns outweigh bullish signals in bunker markets
  Jul 16
  **Tighter VLSFO supply at Singapore **Bad weather in Med to hamper HSFO availability **Panama market cools down after recent price rises
• Maritime industry seeks more clarity on enforcement of 0.5% sulfur limit
  Jul 14
  The document seeks clarity on a number of issues including on what basis authorities can determine non-compliance with MARPOL sulfur limit.
• SINGAPORE DATA: Residue stocks fall to over 3-month low on firm demand, low imports
  Jul 9
  **Bunker demand firms up to better-than-average level **Fuel oil imports decline 1.3% on week to 967,590 mt
• FEATURE: Singapore's bunkering operations pose some hurdles but MFMs a bright streak
  Jul 1
  Maritime industry players in Singapore are keeping a close watch on bunker fuel quantity disputes, as a slew of pandemic-related restrictions including contactless bunkering potentially reduces the scope for checks on bunker tankers and tough markets may tempt some unscrupulous players to benefit from the situation.
• Singapore July-August gasoil timespread tumbles to 5-week low on demand concerns
  Jun 22
  Traders said regional supply may be hit by a reduction in Chinese refinery exports and smaller Chinese export quota for key oil products in H2, 2021.
• FEATURE: Singapore bunker market volumes remain resilient despite hurdles
  Jun 17
  **Steady stream of inquiries' in June **Barging spreads under some pressure
• Commodity traders eye growing oil, gas asset opportunities but rising ESG scrutiny
  Jun 16
  **Oil majors are accelerating asset sales in pivot to clean energy **Gunvor flags rising pressure from lenders over ESG metrics
• Shell to step up climate effort but still provide oil and gas, appeal Dutch ruling: CEO
  Jun 10
  Ben van Beurden said he felt Shell was unfairly singled out by the May 26 ruling of a district court in the Hague
• Container shipping grapples with China ports operational delays
  Jun 9
  **Yantian, Shekou, Nansha ports face disruptions **Maersk, Hapag Lloyd, MSC ships omitting Yantian port
• Shipping group BIMCO prepares new charter party clauses for carbon compliance
  Jun 3
  **BIMCO study highlights commercial, contractual challenges **Cost sharing to be focus of BIMCO clauses
• China independent refineries struggle for fuel oil amid tight supply, high prices
  Jun 2
  **New tax on bitumen blend makes fuel oil attractive **Straight run fuel oil supplies fall **Less competitive with crude
• FEATURE: Bunker industry says unpredictable compliant fuel hampering hedging
  May 27
  **Liquidity in 0.5%S fuel oil paper market slowly gaining traction **Variability in 0.5%S fuel oil blendstock makes hedging difficult
• Asia residual fuel market: Key market indicators this week
  May 24
  June arrivals of low sulfur fuel oil are expected to be higher than May and add to current levels in storage.
• Asia residual fuel: Key market indicators this week
  May 17
  The Asian high sulfur fuel oil market was witnessing contrasts, with indications of noticeable demand for power generation from the Middle East and falling demand in Sri Lanka.
• INTERVIEW: Torm banks on long-term strength of large oil product tankers
  May 13
  **Shift in refinery capacity to lead to higher ton-mile demand **No single fuel will fit the bill on road to decarbonization
• OPEC+ crude oil production rises in April, on surges from Iran, Russia: Platts survey
  May 11
  The rising output is a preview of the wave of OPEC+ crude set to hit the market over the next few months.
• India's COVID-19 surge to unleash drastic disruptions in maritime industry: sources
  May 10
  Bunkering schedules will go awry, daily earnings will be hit and ships will seek to offset it by higher freight for India-bound voyages, sources said.
• BUNKERWORLD INDEX: Prices fall amid tepid prompt demand, crude headwinds
  May 7
  **Singapore may see demand uptick **European low demand could linger **Market uncertainty in Colombia amid protests
• Shipowner Euronav sees freight rate recovery later in 2021 after challenging Q1
  May 6
  **Freight rates likely to spike in H2 2021 **Illicit trade in Iranian, Venezuelan crude deferring scrapping **Dual fuel vessels on order ahead of IMO climate goals
• BUNKERWORLD INDEX: Prices firm amid mixed outlook for marine markets
  Apr 30
  **Strong Chinese refinery runs weigh on domestic prices **ARA demand expected to increase **Firming oil complex supporting US bunker levels
• Shell bounces back to black in Q1 but cautions uncertain pace of recovery
  Apr 29
  Looking ahead, Shell said it sees its upstream production at between 2.15 million - 2.35 million boe/d in the second quarter.
• AP Moller Maersk halts buying of ships without zero carbon capability
  Apr 21
  This means that even though these new ships will have dual fuel engine capability and can use diesel when zero carbon emitting fuels are unavailable, this will only be opted as a last resort.
• S Korea's delivered 0.5% sulfur bunker differential to gasoil hits 10-month low
  Apr 21
  **Lower China prices attract demand from South Korea **Supply remains ample with refiners keen to sell
• Glencore starts low sulfur bunker supply in Singapore: sources
  Apr 8
  Glencore move to include low sulfur bunker supply comes amid progressively higher sales of the erstwhile mainstay high sulfur bunker fuel that the world's largest ship refueling destination has been witnessing over the course of 2020.
• Vitol eyes a decade of oil growth but warns on jet fuel recovery
  Apr 6
  Company to pursue growth in bunkering and other sectors
• Stuck Suez Canal container ship disrupts global commodities trade: sources
  Mar 24
  **Demurrage costs to rise **Salvage operations on
• SAUDI DATA: Crude exports rise again as Saudi Arabia draws on inventories
  Mar 18
  **Supplies to market rose to 9.194 mil b/d in January **Output just below 9.119 million b/d OPEC+ quota
• World oil demand may have peaked in 2019 amid energy transition: IRENA
  Mar 16
  Under the 1.5 C scenario, global oil production is projected to plummet by 85% to slightly above 11 million b/d by 2050 from current levels, IRENA said.
• Asia residual fuel - Key market indicators this week
  Mar 15
  Rising seasonal demand for high sulfur fuel oil from South Asia to meet increasing power generation demand remains a ray of hope for refiners
• Asia LR1 rates trade at 2021 high as tankers delay return to Middle East: sources
  Mar 11
  At current bunker prices, LR1s are likely to earn around $8,000 daily on the benchmark PG-Japan route and another $3,000/d on backhaul, according to shipping industry estimates.
• Saudi Arabia discipline pushes OPEC+ crude output to 4-month low in Feb: Platts survey
  Mar 8
  **OPEC pumps 24.86 mil b/d in Feb, non-OPEC adds 12.97 mil b/d **Saudi Arabia produces 8.13 mil b/d, fulfilling extra cut pledge
• Europe and Africa residual fuel: Key market indicators this week
  Mar 2
  ** Support remains on lower sulfur fuel oils, as reduced refinery runs continue to dampen resupply ** Fundamentals diverge between low and high sulfur products
• BUNKERWORLD INDEX: Prices show bullish signs, track rising crude
  Feb 26
  **Asian buyers securing product ahead of further rises **Tightness in 0.5%S FO expected at Rotterdam **US prices supported by post-storm recovery
• Bunker markets in Panama see strong hikes on supply curbs from US Gulf Coast
  Feb 23
  "Supply has tightened a lot and has triggered higher levels, especially for deliveries in the next 5-10 days," a market source said.
• For green hydrogen to catch up with blue, it's a long ride in India
  Feb 18
  "Until such time green hydrogen processes are fully developed, blue hydrogen can supplement overall hydrogen supply," Malhotra said.
• Bunkerworld Index: Rising crude supports bunker prices, but patchy demand ahead
  Feb 5
  **Singapore 0.5%S FO supply expected greater in March **NWE demand expected to remain weak **Poor demand but tight logistics at New York
• Iranian oil tanker in Egypt's Great Bitter Lake after running aground in Suez Canal: Platts cFlow
  Feb 3
  The Aframax Sahra ran aground due to engine trouble around Km 123 of the Suez Canal while transiting from the Red Sea to the Mediterranean.
• Singapore's Eastern Pacific Shipping surpasses CO2 reduction targets ahead of schedule
  Jan 28
  Over the next few years, EPS will add LNG and LPG Dual-Fuel vessels across various segments.
• Storage companies seen pivotal for mitigating energy transition risk
  Jan 26
  **Storage firms have skills base to handle hydrogen **Storage an attractive prospect to investors **ESG attracting a range of interested players
• TFG Marine to commence bunkering operations at Falmouth from January
  Jan 21
  **Company to start bunkering operations at Falmouth anchorage in Jan **TFG Marine to commence operations with two barges first **Plans underway to expand bunker fleet over time
• Singapore Marine Fuel crack at 10-month high on strong N Asia LSFO demand
  Jan 19
  Rally in the Asian marine fuel 0.5%S to be short-lived after cold snap retreats.
• European VLSFO crack hits 10-month high on tight supply
  Jan 12
  **0.5%S marine fuel crack up $1 in past week **Weak supply supporting prices: sources
• Demand for LSFO set to rise in Fujairah after Qatar embargo lifted: traders
  Jan 6
  **Qatar LSFO demand seen returning to emirate **Demand moved to Singapore during embargo
• FEATURE: Container shippers hoping for rate relief in Q1 2021 may have to wait
  Dec 29
  Shippers hoping for a break from escalating container rates in the new year may need to endure several more weeks of challenging market conditions before an increase in box supply in Asia balances with demand for available capacity.
• NWE gasoline exports to WAF fall in November: Kpler
  Nov 26
  **First decline in gasoline flows for 7 months **Flurry of floating storage fixtures
• ANALYSIS: NWE gasoline arbitrage to US weakens after Thanksgiving freight rate rise
  Nov 24
  **US demand falling seasonally and on COVID-19 **NWE gasoline crack near negative territory
• European fuel oil inventories fell in Sept. amid tight supply: IEA
  Nov 12
  **Fuel oil supply hinges on other products **Marine demand remains steady
• October CPC loadings up 8% on month to 1.23 mil b/d
  Nov 3
  **Shipments down 12.5% on year **Kazakh shipments up 15% on month
• Singapore's MPA launches proposal for additional LNG bunker supplier licenses
  Oct 28
  "MPA seeks to announce the successful award of new LNG bunker supplier licence(s), if any, by February 2021," it added.
• Tight supply drives Zhoushan marine fuel 0.5%S premium to 6-month high
  Oct 26
  "Everyone don't have oil anymore, and barges are full," a Zhoushan-based supplier said.
• Narrow east-west spread to keep Nov LSFO arbitrage to Singapore low: traders
  Oct 21
  Singapore is expected to receive 1.5 million-2 million mt of low sulfur fuel oil from the West in November,traders said.
• Asian gasoil crack overtakes gasoline after 4-week flip as supply balance tilts
  Oct 13
  Second consecutive session to see gasoil swap crack higher than gasoline swap crack.
• HSFO bunker barge availability tight in Singapore after typhoons delay vessels
  Oct 8
  The availability of bunkering barges is limited in Singapore amid vessel delays following two recent typhoons in Japan and South Korea, market sources said Oct. 8.
• Singapore to issue additional LNG bunker supplier licenses as demand grows
  Oct 6
  Singapore will have an LNG bunker supply capacity of up to 1 million mt per annum from 2021, Chee said.
• Fujairah oil product stocks slip to near six-month low
  Sep 24
  "Two suppliers left the Fujairah bunker market, which has reduced the competition," Mali said.
• NWE gasoil, ULSD cracks at multi-year lows point to refinery run cuts
  Sep 17
  Northwest European cracking margins for 0.1% gasoil and ultra low sulfur diesel have hit long-term lows, which has led to expectations that refineries across Europe will start cutting runs, sources said.
• Q2 container volumes fall 13% on year; recovery likely in Q3: CMA CGM
  Sep 8
  Going ahead, the third quarter results should mark a new improvement, the carrier said.
• Heavy distillates stockpiles tumble most in 2020 at Fujairah
  Sep 2
  Fujairah oil product stockpiles dropped to a two-week low on Aug. 31, with heavy distillates such as marine bunkers tumbling 14% week on week, the biggest decline since December 2019.
• Japanese companies advance plans for world's first marine based carbon capture system
  Aug 31
  Project being conducted with support from the Maritime Bureau of Japan's MLIT.
• ONE offers new service connecting ports of Far East Russia with Busan
  Aug 27
  The first sailing on the route is expected to take place from Busan on Sept. 14.
• European diesel barge and paper markets hit 2-month low
  Aug 21
  European diesel markets have slipped lower, with traders reporting that demand has stalled at the same time that new arrivals are weighing on the market.
• Singapore Sept ex-wharf marine fuel term indications increase as oversupply eases
  Aug 19
  Some traders said they were also asking for September-loading MF 0.5%-S term price indications to be based on benchmark FOB Singapore Marine Fuel 0.5% cargo assessment.
• INTERVIEW: VLSFO's shorter shelf life causing storage concerns: Veritas Petroleum
  Aug 13
  "On average, the shelf life is around three months for 0.5%S very low sulfur fuel oils," Bee said.
• Low sulfur bunker fuel gap widens at Rotterdam
  Aug 5
  The pricing gap between 0.1%S marine gasoil and 0.5%S marine fuel -- both IMO 2020-compliant fuels -- has widened again at Rotterdam after the start of IMO's sulfur cap rule earlier this year saw the two come almost within touching distance of each other.
• Asia residue fuel market - Key market indicators this week
  Aug 3
  Strong sales in the Singapore low sulfur bunker fuel market seen in the week ended July 30 are likely to continue into first-half August, according to bunker suppliers, as margins inch higher on the back of tightening supply in August.
• Singapore 10/500 ppm gasoil spread hits 3-year low as ULSD supply tightness eases
  Jul 28
  "I'm not seeing firm fundamentals for 500 ppm sulfur gasoil in the region, to be honest," a Singapore-based gasoil trader said.
• OIL FUTURES: Crude rises on coronavirus vaccine hopes
  Jul 23
  The US government announced a contract with Pfizer and a German biotechnology company to supply 100 million doses of a vaccine by December.
• HSFO availability in Rotterdam wavers, May Russian fuel oil output down
  Jun 25
  There were just five 3.5%S FOB Rotterdam barge offers in the June 22 Platts Market on Close process.
• Fujairah product stocks rebound to record led by marine, power fuels
  Jun 4
  "Demand for storage is still there, but the contango has been reduced so it's not as attractive as it was a month ago," a source in Fujairah said.
• INTERVIEW: Euronav upbeat on oil demand, prospects post-storage boom
  May 22
  "We continue to grow the company, consolidation has a long way to go in our sector," Stoop said.
• TANKERS: USGC VLCC freight at 9-month low as weak demand, natural positions take hold
  May 15
  Freight for VLCCs loading on the US Gulf Coast dropped 9% Thursday to bring rates to their lowest levels since August 2019.
• Hong Kong marine fuel premiums rebound as demand moves away from Singapore
  May 6
  Shipowners opt to take bunker fuel from the port given its attractive valuations instead of the bunkering hub of Singapore.
• Singapore's fuel oil imports from the Middle East unlikely to rise in May on high freight rates, inventories
  May 4
  Currently, the volume of fuel oil in floating storage around Singapore stands around 4 million-4.2 million mt, traders said.
• ARA fuel oil stocks jump 18% on week to 1.604 mil mt: Insights Global
  May 1
  Stocks of fuel oil in the Amsterdam-Rotterdam-Antwerp hub jumped 18 % to 1.604 million mt in the seven days to Wednesday.
• OIL FUTURES: Crude rally extends as market eyes producer cuts, economic restarts
  Apr 30
  Crude prices settled sharply higher for a second session Thursday as stepped-up producer cuts underscored improved demand outlooks.