Marine bunker fuel sales at the Fujairah port in the UAE experienced a strong rebound in July, marking a notable increase in sales. The increase in sales was mainly driven by higher demand for high-sulphur marine fuel, which reached its strongest level since January 2024. Sales rose by 28.4% in July to 205,597 cubic meters compared to June.
A wider price gap between low-sulphur and high-sulphur fuel oil supported this surge. The front-month Hi-5 price spread — showing the premium of low-sulphur over high-sulphur fuel — reached a six-month high of over $95 per ton by mid-July, according to LSEG data.
Low-sulphur marine fuel sales, including low-sulphur fuel oil and marine gasoil, also grew by 8.0% to 435,118 cubic meters. As a result, high-sulphur bunker fuel’s market share expanded to 32% in July, while low-sulphur bunkers accounted for 68%.
Their highest level in the past three months, according to data from the Fujairah Oil Industry Zone (FOIZ).
In July, sales reached 640,715 cubic meters (approximately 635,000 metric tonnes), representing a 13.8% increase from June, as reported by FOIZ and SP Global Commodity Insights.
Editor-at-Large
A passionate writer in the lubricant industry, Awais Iqbal has been covering oils, greases, and industrial fluids since the start of his career. At 25, he’s already written for blogs, catalogs, and brand guides across the UAE. Awais’s insights help companies connect with their audience, and his clear, helpful writing style is trusted by brands in the region.
