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New Oil Forecast Implies Global VLSFO to Average Over $700/Mt in Q2
Mar 12, 2026 ... East conflict are now starting to emerge, implying bunker prices later this year much higher than had previously been expected. The US Energy Information Administration (EIA) released its ...
Tideform Adds AI Agent to Marine Fuel Intelligence Platform
Mar 12, 2026 ... fuel intelligence company Tideform has relaunched its platform with the addition of an AI agent to help users with their enquiries. Kenneth Juhls has been appointed as its CEO, in ...
IEA Sees Global Oil Supply Drop by 8 Million b/d Amid Middle East War
Mar 12, 2026 ... to fall by about 8 million b/d in March as the war in the Middle East disrupts crude flows and tanker movements through the Strait of Hormuz, according to the International Energy Agency ...
VIEWPOINT: Could a Relaxation of Bunker Sulfur Caps Help Ease Oil-Market Pressures?
Mar 12, 2026 ... markets from disruption in the Strait of Hormuz. The US government is seeking to provide insurance for ships transiting the waterway, as well as considering providing naval escorts in the ...
Idemitsu and Consort Bunkers Explore Methanol Supply in Singapore and East Asia
Mar 12, 2026 ... energy firm Idemitsu Kosan Co has started joint discussions with Singapore-based bunker supplier Consort Bunkers Pte Ltd to explore building a supply chain for methanol as a marine ...
Sing Fuels Hires Vice President for Centre of Excellence
Mar 12, 2026 ... trading firm Sing Fuels has hired a new executive in Dubai from Axiom Global. Amit Dingwani has joined Sing Fuels as VP for its centre of excellence in Dubai as of this month, the company ...
US to Release 172 Million bbls of Oil from Reserve in Coordinated IEA Action
Mar 12, 2026 ... International Energy Agency (IEA) aimed at lowering crude prices. The release was approved unanimously by the IEA’s 32 member countries following a request from US President Donald ...
US Court Dismisses Charges Against Dan-Bunkering From Former Employees
Mar 12, 2026 ... US district court has dismissed charges raised against Dan-Bunkering by two former employees. Dan-Bunkering (America) Inc had faced a range of charges including wrongful termination, breach ...
Bernhard Schulte Adds Hybrid Methanol-Ready Vessel to Fleet
Mar 12, 2026 ... service operation vessel (CSOV), a hybrid battery-powered ship suitable for conversion to methanol propulsion. The CSOV, Windea Carnot, was built by Ulstein Verft in Norway and christened ...
Salalah Bunkering Suspended After Drone Attack
Mar 12, 2026 ... operations and bunkering at the Port of Salalah in Oman are currently suspended due to a drone attack that hit fuel storage tanks yesterday. As of now, both bunkering and port operations ...
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Kandla Conducts India's First Methanol Bunkering Demonstration

Kandla Conducts India's First Methanol Bunkering Demonstration

The demonstration showed the port's preparedness to supply methanol as marine fuel.

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Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead

Crude Futures Jump as President Trump Signals Weeks of Iran Strikes Ahead

President Trump signalled that US military actions against Iran may continue for the next 2-3 weeks.

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WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

WTI Hits 6 Year High As Investors Now Doubt Trump's Vow to End Iran War Soon

Meanwhile, OPEC may release more oil to compensate for Hormuz closure.

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    Apr 03
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    The impact on bunker prices of the first month of the Middle East conflict has varied widely in different regions.
  2. UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz
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    2UAE Backs Bahrain UN Proposal on Defensive Measures in Hormuz
    The UN Security Council is set to vote on a Bahrain-backed plan that would allow defensive measures to secure safe passage through Hormuz.
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