This week’s International Market Highlight emphasizes energy export restrictions countries are enacting in the face of continued Strait of Hormuz disruptions. Meanwhile, the US’ Strategic Petroleum Reserve has hit its lowest level since 1983; Russia’s refined product exports fell in June; and China could be looking at a rise in crude imports which could be a factor in driving oil prices higher.
The International Market Highlight for this week spotlights Mexico’s first export of LNG cargo to China, as well as surging oil prices in the US following renewed US-Iran military tensions. It also features news of a rapid increase in LPG demand in Colombia, and the potential for Bolivia to become an LPG importer if domestic production is not increased.
Westlark’s first International Market Highlight in July 2026 directs attention to increased drilling activity in the US and Canada. Brazil’s government maintains some LPG subsidies while drawing back other emergency measures. Colombia begins work on its Cartagena LPG import terminal; Peru grapples with increasing energy security issues; and India’s improved LPG availability allows the government to restore supply to key sectors.
Westlark’s last International Market Highlight for June 2026 again centers issues related to energy security. Mexico is facing a surge in LPG theft; while the US is facing concerns over low levels of crude in the national stockpile. Chile is investing in LPG infrastructure; and the Middle East has seen increased vessel traffic through the Strait of Hormuz. Meanwhile, India’s shift to diversify its LPG imports has increased energy security but caused a sharp increase in prices.
This week’s International Market Highlight features news of global energy shifts in Latin America. Mexico and Argentina are investing in infrastructure for production and export. Brazil is considering allowing smaller LPG sales; while the US and Asia are potentially facing tightening petroleum inventories in the near future.
The International Market Highlight for June 11, 2026, focuses on news of investment in energy infrastructure in several countries – Mexico, the US, Brazil, and Ecuador – while the escalating conflict in the Middle East continues to cause production to decline and prices to rise, impacting supply in Asia and around the globe.
Westlark’s first International Market Highlight in June 2026, emphasizes the changes Latin American nations like Colombia, Paraguay, and Argentina are making to move toward energy security; while geopolitical tensions have increased LPG freight rates to Asia; and the U.S. faces the possibility of increased demand for propane to dry crops.
The International Market Highlight for May 28, 2026, includes news of Brazil’s growing demand for LPG, which may be driven by government programs; rising crude output from the U.S.; and the increasing shift to LPG in Latin American countries like Argentina, Colombia, and Mexico.
The International Market Highlight for May 21, 2026 focuses on news of a deeper strategic partnership between India and the UAE; U.S. operators prioritizing LPG exports over ethane; Colombia’s LPG industry supporting imports from Venezuela; Peru’s status as one of Latin America’s fastest growing LPG markets; and Argentina’s growing role as a global LPG supplier.
This week’s International Market Highlight focuses on effects of the continued closure of the Strait of Hormuz on global energy markets. These effects prompt higher US production outlooks despite slower demand growth. Argentina is urging adoption of LPG-based backup systems to mitigate energy uncertainty; and Ecuador has designated LPG supply an essential public service; while the Dominican Republic has emerged as one of Latin America’s most dynamic LPG markets.
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