Europe, Atlantic crude tanker rates at pre-war levels | Latest Market News Crude tanker rates in the Atlantic and European markets have fallen back towards pre-war levels, as tankers that would have returned to the Mideast Gulf instead populate more liquid markets.

The fleet has dispersed and crude tanker rates in Europe and the Atlantic are back where they were before the war

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Iran war cuts global oil demand by 4mn b/d: Vitol | Latest Market News Global oil demand has fallen by about 4mn b/d since the start of the war in the Middle East, compared with supply losses of around 12mn b/d, trading firm Vitol's chief executive Russell Hardy said tod...

Vitol CEO talks about supply and demand loss arising from the war, and leaves you to work out how long the status quo can last

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Mideast Gulf war 'locks in' higher fossil fuel cost: UN | Latest Market News The war in the Middle East has "further locked in much higher fossil fuel costs for months and likely years to come", UN Framework Convention on Climate Change (UNFCCC) executive secretary Simon Stiel...

UN says the Middle East war has locked in higher energy costs "for months and likely years to come"

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Iran’s parliament speaker rejects talks amid US threats | Latest Market News Iran's parliament speaker Mohammad Bagher Ghalibaf has downplayed the prospects of a new round of peace talks with the US in Islamabad and reiterated Tehran's readiness to return to armed conflict if ...

Iran's parliament speaker rejects the idea of talks this week. Is he the one that makes the decision? Who knows any more

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Leaflet from the Green party says it's mayoral candidate has been holding Labour to account

The Green party candidate for Lewisham mayor has been "holding Labour to account," presumably in the 10 months since he defected to the Greens and not in the 3 years he was a Labour councillor

Canary Wharf from Greenland Dock

Canary Wharf from the safety of South London earlier. Bonus Cormorant

My hyperlocal view is Catford Greggs *does* have a security guard, reinforcing my view that it's a public policy failure zone without peer

Oil Prices Plummet In Big Fuck-You To Americans Who Got Gas Yesterday

Oil Prices Plummet In Big Fuck-You To Americans Who Got Gas Yesterday theonion.com/oil-prices-plummet-in-bi...

a man in a suit and tie with the word and on the bottom ALT: a man in a suit and tie with the word and on the bottom

Argus: QatarEnergy-chartered 216,000m³ Al Ghashamiya LNG carrier has left anchorage offshore Qatar heading towards the strait of Hormuz, declared for arrival at India's 22.5mn t/yr Dahej import terminal on 21 April.

man has seven kids, give him a break

Update on what shipping thinks of today's Hormuz nuz. Bimco says Trump's claim that the strait is "fully open" is inaccurate, the status of mine threats is unclear, and shipping companies should "consider avoiding the area".

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BIMCO: The status of mine threats in the Traffic Separation Scheme is unclear and shipping companies should consider avoiding the area.

Tanker owners wary after Hormuz reopening pledge | Latest Market News Iran's announcement that the strait of Hormuz is open to commercial vessels is unlikely to trigger an immediate pickup in tanker traffic through the waterway, as shipowners remain wary of security ris...

Tanker owners wary. Questions remain on routes, tolls

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Strait of Hormuz 'completely open': Update 2 | Latest Market News The strait of Hormuz will be "completely open" to commercial vessels for the duration of the US-Iran ceasefire, Iran and the US said on Friday.

More on today's Hormuz opening. No word yet from today's Anglo-French summit

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EU downplays IEA warning on jet fuel shortage risk | Latest Market News The European Commission has sought to downplay warnings about a looming jet fuel shortage in Europe, but has not ruled out taking action if supply from the Mideast Gulf remains disrupted.

back on the ground, the EU says the IEA is getting ahead of itself on the jet supply situation, BUT is still preparing for "possible" supply shortages

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Strait of Hormuz 'completely open': Update | Latest Market News The strait of Hormuz will be open to commercial vessels for the duration of the US-Iran ceasefire now that a halt to fighting in Lebanon has been agreed, Iranian foreign minister Seyed Araghchi said o...

Update on the shipping news. Iran says Hormuz open, Trump agrees in caps www.argusmedia.com/en/news-and-...

June Brent down 10%

Hormuz open during ceasefire period: Iran's Araghchi | Latest Market News The strait of Hormuz is open to commercial vessels for the duration of the US-Iran ceasefire now a halt to fighting in Lebanon has been agreed, Iranian foreign minister Seyed Araghchi said today.

Iran has opened Hormuz www.argusmedia.com/en/news-and-...

US crude net imports hit record low on export surge | Latest Market News US crude net imports fell to a record low last week as export loadings surged toward capacity, driven by strong demand from Asia-Pacific and Europe following disruptions to Middle East supply.

US nears net crude-exporter status www.argusmedia.com/en/news-and-...

SE Asian energy collaboration muted despite US-Iran war | Latest Market News Collaboration between countries in southeast Asia, a region highly dependent on imports of oil and gas, especially from the Middle East, has remained limited in the weeks since the US-Iran war began, ...

Notable lack of a co-ordinated response or any multilateral agreements among Association of Southeast Asian Nations (Asean) members to address the energy security issues that have arisen in the past few weeks www.argusmedia.com/en/news-and-...

*crawls back into niche*

Europe faces challenging gas restocking season | Latest Market News Europe faces its toughest gas injection season since 2022, because stocks are at a four-year low and the continent must secure LNG cargoes at a time of tightened global supply.

Detailed look at Europe's gas-restocking season aka summer.

This year's 73TWh deficit is equivalent to around 65 standard-sized LNG cargoes, in *this* market

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Aldo d’Aponte complained about the prospect of the nightclub reopening in his own representation to Westminster council. In it, he and his husband complained that their window overlooked the entrance of the club and that they were disturbed by the noise of music and customers at the venue. They wrote that the operation of the club in its current form was “fundamentally at odds with family and community life in what is a residential neighbourhood”.

Agog at the man who objected to the reopening of Heaven nightclub by arguing it's in a residential area.

www.theguardian.com/technology/2...

UK jet fuel supply OK for now, outlook uncertain | Latest Market News UK jet fuel supply is currently secure but visibility beyond the next few weeks is limited, industry participants said at the UK liquid fuels trade association conference in Liverpool on Thursday.

UK good for jet fuel for 6 weeks, beyond that there's no visibility.

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ARA jet fuel stocks at six-year low: Insights Global | Latest Market News Jet fuel stocks in independently held storage at the Amsterdam-Rotterdam-Antwerp (ARA) hub fell to their lowest level in more than six years in the week to 15 April, while naphtha inventories dropped ...

Jet fuel ✈️ stocks in independently held storage at the ARA hub fell to their lowest level in more than six years

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European propane price lowest since US-Iran war began | Latest Market News Northwest European propane prices have fallen to their lowest since the war between the US and Iran began, under pressure from weakening demand and ample supply even with continued disruption in the s...

European propane prices have come right off. Here's a story on why

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Japan offers $10bn to secure Asian oil supplies | Latest Market News Japan plans to provide around $10bn in financial aid to help Asian countries secure crude oil supplies and ensure stable shipments of petroleum-derived products to Japan, following disruptions to crud...

Japan plans to provide around $10bn in financial aid to help Asian countries secure crude. Says this will buy about 1.2bn bl , or roughly one year's worth of imports for Asean countries
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Asian refineries to run less efficiently on crude shift | Latest Market News Shifting crude slates at Asia-Pacific refiners are reshaping regional refined-products output, weighing on residual fuel production and potentially leaving secondary units running less efficiently, ma...

Keeping your refinery running with a different range of crude grades does not bode well for efficiency.

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Australia’s Geelong refinery fire extinguished: Update | Latest Market News A fire that broke out at Viva Energy's 120,000 b/d Geelong refinery in Victoria, Australia on 15 April has been extinguished, Fire Rescue Victoria (FRV) said at 12:04 AEST (02:04 GMT) today.

Australia. What fresh hell is this? Fire at one of the continent-country's two refineries, at a time when product supply is tighter than a kangaroo's grip

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