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Germany: Economic institutes double growth forecast for 2026

Several leading German economic think tanks on Thursday announced they had increased their earlier GDP growth forecasts for the country. New numbers predict an uptick of 1.3% for 2026, more than double that of spring forecasts of 0.6% growth. In their “Autumn 2026 Joint Economic Forecast,” this year titled “Recovery Under Structural Stress — Fiscal ...

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India’s BPCL seeks JKM-linked spot Nov cargo in rare move

India’s Bharat Petroleum Corporation Ltd. issued a spot tender to buy a November-delivery LNG cargo at a JKM-linked price in a rare move, a source familiar with the matter said Sept. 23.

  • BPCL seeks November LNG cargo at JKM-linked price in rare move
  • Company requests 3.1-3.8 TBtu with 10% operational tolerance
  • Sellers must submit offers at December JKM-linked prices

ENGINE: Americas Bunker Fuel Availability Outlook

North America Bunker demand in the US Gulf port of Houston is strong, and prompt availability of all three conventional fuel grades is tight.

  • North American bunkers in high demand, particularly at Houston port
  • Supply of HSFO, LSMGO, and VLSFO tight with 5-8 day notice periods
  • US East Coast sees increased bunker demand at New York port

Fujairah fuel oil stocks surge 19% so far in September

Fujairah’s fuel oil stocks have averaged 19% higher in September so far than across August, Fujairah Oil Industry Zone (FOIZ) and S&P Global data shows.

  • Fujairah fuel oil stocks increased by 19% in September compared to August.
  • Fuel oil imports to Fujairah more than quadrupled, averaging 126,000 barrels per day.
  • Middle distillate stocks averaged 51% higher in September than in August.

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