Angolan crude values hit fresh lows on soft Chinese demand, weak refining margins

Angolan crude values hit fresh lows on soft C...

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How have European fuel oil markets responded to the Middle Eastern conflict?

The effective closure of the Strait of Hormuz following escalating tensions in the Middle East sent European fuel oil imports from the Gulf plummeting 95% in the first half of 2026. Supply chains faced unprecedented disruption while risk premiums skyrocketed across the bunker mar ...  Show more

Chokepoint geopolitics: Implications for Asia's downstream and upstream sectors

Asia's energy security has always rested on a difficult bargain -- deep reliance on Middle Eastern crude in exchange for scale, proximity and established commercial relationships. The recent conflict tested that bargain in real time, forcing refiners, traders and governments to r ...  Show more

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