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UK rocked as value of foreign takeovers so far this year doubles to £148bn - the highest in five years

Major deals included Segro's acquisition by US-based Prologis for £13.5bn and the sale of Intertek to Swedish buyout firm EQT for £10.6bn.

UK rocked as value of foreign takeovers so far this year doubles to £148bn - the highest in five years

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

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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.

More from Thursday 24 September →