EMEA News
Petrol Ofisi Retains Turkish Bunker Market Lead for Seventh Year
Thursday August 27, 2026
Turkish oil firm Petrol Ofisi Group's marine fuels arm, PO/Marine, remained the country's leading bunker supplier for a seventh consecutive year in 2025.
PO/Marine held a 39.2% share of Turkey's marine fuels market, the firm said in a LinkedIn post yesterday.
“With our strong performance in the domestic market and transit sales, we continue to be a reliable companion at sea,” it said in the post.
Petrol Ofisi had previously said PO/Marine supplied nearly 1 million mt of bunker fuels in 2024, accounting for 36.1% of total Turkish bunker sales, based on Energy Market Regulatory Authority (EPDK) data.
The latest result therefore represents an increase of 3.1 percentage points in PO/Marine's stated market share from the previous year.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 917.00 | 10.00 | 1295.00 | 34.00 |
| Rotterdam | 742.00 | 5.50 | 1435.50 | 54.00 |
| Houston | 765.00 | 2.00 | 1408.00 | 12.00 |
| Fujairah | 986.00 | 1.50 | 1725.50 | 38.50 |
| EMEA Average | 895.50 | 1.00 | 1721.00 | 29.50 |
| Global 20 Ports Average | 902.00 | 6.00 | 1547.50 | 29.50 |
| Global 4 Ports Average | 852.50 | 4.00 | 1466.00 | 34.50 |
| Global Average Bunker Price | 950.50 | 2.50 | 1606.00 | 21.00 |
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