International Market Highlight – April 30, 2026

Westlark Advisors’ International Market Highlight

Many things are happening in the energy market right now.  Events occurring across the world are influencing and impacting energy markets close to home.  As global energy markets continue to become more complex and interconnected, it is more important than ever to be aware of what is going on in the energy industry.  This means understanding not only the markets “next door,” but also being familiar with markets around the world.

The Westlark Team is committed to working with you as partners, helping your business reach its unique goals. To do this, we have increased our focus on global markets. This increased focus, along with our expertise in North American markets, allows us to assist clients as they navigate the complexities of energy markets across the street or across the globe.

Providing a Weekly International Market Highlight

We provide an International Market Highlight each week. Pulled from our weekly report, the International Buzz! this Highlight focuses on key issues from our analysis of the global energy markets.

Our team regularly monitors issues that impact shipping, affect energy pricing, and influence market activity in specific regions.

Wherever your business operates, we can provide a steady hand and a shared commitment so you can confidently build sustainable value and growth.

gas burners against a background of stock chart data; international market highlight; continued Middle East disruption; hedging financial spreads

Westlark Advisors International Market Highlight

April 30, 2026

map of Panama on blue background with lights

PANAMA

The Panama Canal is operating at full capacity amid surging demand from container ships and LPG carriers, with rising transit volumes and record-high auction prices—including up to $4 million for an LPG slot—supported by optimal water levels and robust advance reservations despite heightened geopolitical tensions.

map of Brazil on dark blue background with lights; energy market highlight

BRAZIL

Brazil’s Congress has rejected a proposal to allow fractional filling of LPG cylinders, citing safety, regulatory, and traceability concerns and reaffirming existing “People’s Gas” Law standards as lawmakers seek to expand access to cooking gas without compromising safety.

map of Colombia with lighs

COLOMBIA

In Colombia, LPG is emerging as a key alternative amid a structural natural gas shortfall, with consumption rising 7.6% in 2025—driven by strong industrial demand growth—as stable, largely U.S.-sourced LPG supplies gain competitiveness and the industry urges clearer regulations and stronger government backing to position LPG as a strategic part of the country’s energy transition.

map of Canada on blue background with lights; international market highlight

CANADA

Disruptions to LPG flows through the Strait of Hormuz linked to the U.S.–Israel–Iran conflict are reshaping global trade, with Asian buyers—especially in China—turning to Canadian supplies, allowing AltaGas to expand exports and capture premium pricing despite near-term capacity constraints.

If you are interested in more expert market commentary like this, contact a Westlark Team member today!

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International Market Highlight – April 30, 2026

By Gabriel Amundarain

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Westlark Advisors has partnered with energy firms since 1998 to provide transparent, value-driven commodity market advisory services.

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