International Market Highlight – June 4, 2026

Westlark Advisors’ International Market Highlight

In today’s energy market change is constant. It happens quickly, and increasingly, events occurring across the world are influencing markets closer to home. Markets continue to develop in complexity and interconnectedness, which makes it more important than ever to keep track of what is going on – not just in markets across the street, but also across the globe.

The Westlark Team is committed to working with you as partners, helping your business reach its unique goals. As part of our commitment, we are directing more attention to global markets. Our increased focus, along with our expertise in North American markets, allows us to help clients navigate the complexities of energy markets throughout the world.

Providing a Weekly International Market Highlight

Each week, Westlark Advisors provides an International Market Highlight. This “snapshot” of critical market issues is drawn from our weekly report, the International Buzz!

The Westlark Team monitors events and issues that impact shipping, affect energy pricing, and influence market activity in specific regions.

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

image of several transport ships on the ocean; OPIS; shifting global oil flow

Westlark Advisors International Market Highlight

June 4, 2026

COLOMBIA

Declining natural gas production and rising import dependence are accelerating a shift toward LPG and other alternative fuels, amid growing concerns over energy security.

PARAGUAY

The country is advancing discussions on energy diversification, with LPG remaining dominant in residential use while natural gas emerges as a longer-term option linked to projects like the Bi-Oceanic Gas Pipeline.

ARGENTINA

LPG is strengthening its strategic role in reducing energy imports and supporting energy security, with expansion into transport, power generation, and industry driven by Vaca Muerta growth.

atlas style map of South America - featuring Brazil, Colombia, Ecuador; energy market highlight; continued Middle East disruption

USA

Propane demand for grain drying is expected to rise in 2026 due to wet weather, potential El Niño conditions, and crop disease risks, increasing reliance on propane-powered drying.

map of Middle East and Asia, colorful

MIDDLE EAST/ASIA

Supply disruptions have pushed up LPG freight rates to Asia, leading to cargo cancellations and weaker demand, while buyers—particularly India—seek alternative supply sources amid ongoing geopolitical tensions.

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

I’d like to know more!

Westlark Advisors’ International Market Highlight

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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