Higher heavy sour crude supply on the US Gulf coast may lead to increased high-sulphur fuel-grade petroleum coke output in 2026, potentially pressuring fob 6.5pc sulphur prices. US Gulf coke production was down by 4pc on the year in January-September, according to the latest data available from the US Energy Information Administration. Crude supply dynamics have now changed, because of easing sanctions on Venezuela, a recovery in western Canadian crude production and ample global supply. This could boost fob US Gulf coast 4.5pc sulphur coke prices in 2026 and could increase that grade's premium to high-sulphur coke. Year-to-date US coke output mn tUS residual fuel oil stocks ’000blUS Gulf coast 3.5pc sulphur fuel oil price USD/bl

Source: The North Africa Journal December 29, 2025 17:44 UTC