Who we are and what we do

Trump's Tariff Maneuvers Are Buffeting Key Oil Traders
March 05, 2025

 US crude timespreads, the market's vote on perceptions of supply tightness, surged intraday on Tuesday before retreating back toward where they started the session after Lutnick's comments. Any reduction in lighter Canadian vo...  +

Shadow LPG carrier fleet swells as Iran crackdown looms
February 27, 2025

According to energy consultancy Facts Global Energy, Iran exported approximately 11.5m tonnes of LPG in 2025, a slight increase from the 11.4m exported the year prior. The data includes a small percentage of land-based exports....  +

Saudi gasoline exports at a six-year high in 2024
February 26, 2025

The demand weakness was compounded by digitilisation of several government services in Saudi Arabia since the pandemic, according to FGE analyst Palash Jain. "There are reports that indicate that transactions are increasingly ...  +

China's Oil Teapots Rocked by Tax Rules That Threaten Closures
February 24, 2025

“The economics of processing fuel oil as feedstock have been deteriorating for a while,” said Mia Geng, an analyst at industry consultant FGE. “The recent change in tax policy has further damped interest among refiners.”  [......  +

Global marine fuel sales jump in 2024 on Red Sea diversions
February 12, 2025

In January, the Houthis announced they would only attack Israeli-linked ships following the ceasefire in Gaza, heightening hopes of a return to the Red Sea and Suez Canal. The return of northbound transits through the Suez Can...  +