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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 785.07-29.94684.00-3.00Oct 14 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 544.54+0.06628.49-0.52790.75+1.50Oct 14 - MBP INDEX vs DBP INDEX (ICE/NYMEX)
Click to see more detailsAll Indexesin $/mton380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 521499+22 560598-38 684792-108 Oct 14 Singapore 497519-22 616606+10 697801-104 Oct 14 Fujairah 465529-64 602597+5 773849-76 Oct 14 Houston 480494-14 560620-60 695717-22 Oct 14 - Analytical Section
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- Latest News
- 2024-10-14
Oil prices fall by more than $1 on deflation worries in China
Oil prices fell by more than $1 a barrel, losing over 1.5% in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on Beijing's economic stimulus plans stoked fears about demand. Brent crude futures were down $1.26,... Read more - 2024-10-14
Gas Crunch Looms as Demand Outpaces Supply Growth
Natural gas demand is set to increase more than previously expected, the International Energy Agency reported recently. Demand will remain strong next year as well, the agency predicted, warning that this might lead to a problematic situation with supply—because... Read more - 2024-10-14
Private Equity Firms Are Still Pumping Billions Into Fossil Fuels
Despite the growing pressure to stop funding fossil fuel companies and support decarbonization efforts, several private equity firms are still pumping billions of dollars into the oil and gas industry. Meanwhile, most of these firms are overstating their... Read more - 2024-10-14
The New Oil? Rare Earths Spark Global Power Play
The rare earths market is experiencing a period of significant volatility, driven primarily by China's recent export restrictions. These restrictions, which came into effect on October 1, 2024, have already led to an 8.33% increase in the prices of... Read more - 2024-10-14
Tripling Renewable Energy Capacity by 2030 Will Require $1.5 Trillion Per Year
The world’s progress to reach the goal of tripling renewables capacity by 2030 is falling short and needs another tripling, of investments, from $570 billion in 2023 to $1.5 trillion every year between 2024 and 2030, the International Renewable Energy... Read more - 2024-10-14
Iran's Oil Exports: On a Slow Boat to Nowhere
Iran's crude oil exports have dramatically slowed in October as the country braces for possible retaliation following its October 1 missile attack on Israel. With Israeli strikes on Iranian oil facilities a topic of discussion, Iran's exports dropped... Read more - 2024-10-14
Biggest Russian Refinery Raises Crude Oil Processing by 4%
Russia’s biggest crude processing facility by production, the Omsk refinery, increased its crude processing by 4% between January and September compared to the same period last year, according to the refinery owner Gazprom. The Omsk refinery is located... Read more - 2024-10-14
Japan Considers Quadrupling LNG Buying for Emergencies
Japan is discussing quadrupling LNG purchases for its emergency reserves as part of a plan to boost energy security, a senior official at Japan’s industry ministry has told Reuters. “From the mid- to late-2020s, we will try to secure at least one cargo... Read more - 2024-10-14
Indian State Refiner Looks to Raise $3.3 Billion for New Refinery
Indian state-owned refiner Chennai Petroleum Corporation Limited is holding discussions with banks to obtain a loan of $3.33 billion (280 billion Indian rupees) that would help it build a refinery in southern India, sources with knowledge of the plans... Read more - 2024-10-11
Geopolitical Risk and Hurricane Milton Push Oil Prices Toward a Weekly Gain
Crude oil prices have been on a retreat towards the end of the week but still look set to book another weekly gain, supported by the situation in the Middle East and worry about the security of supply. In a fresh update, Reuters reported that Gulf... Read more
- 2024-10-14