Naphtha Market Summary (based on Platts, February 12, 2026)
- Platts FOB Persian Gulf Naphtha: Average 564.385 USD/mt
- Platts FOB Fujairah Naphtha: 571.12 USD/mt
- Physical market is calm with ample supply; cracks are softening, but petrochemical demand (China and India) continues to provide support.
OilLoad Group Offer: 500–505 USD/mt, ex-tank delivery into storage tanks at Mahshahr ports (with the ability to transfer to other port tanks).
Key Competitive Advantage: Flexibility in Volume and “Cross Middle East” Logistics
This is exactly what makes the OilLoad offer far superior to the standard market:
| Feature | Standard Platts Market (Persian Gulf / Fujairah) | OilLoad Offer Naphtha | Buyer Advantage |
|---|---|---|---|
| Minimum purchase volume | Usually 30–55 kt (LR1) or 70–80 kt (LR2) | 10,000 mt (even smaller possible) | Small and medium buyers can enter without large commitments |
| Delivery | FOB UAE/Saudi ports (requires full vessel) | Ex-tank in IRI ports + tank storage | No long loading scheduling required |
| Next-stage logistics | Buyer must charter full vessel | Storage in port tanks → load small vessels (10–20 kt) to Fujairah, Hamriyah, Dammam, Oman, and other GCC ports | Very low freight cost + precise delivery to destination |
| Cross Middle East freight (approx.) | — | 8–15 USD/mt (depending on distance and size) | Landed cost in Fujairah ≈ 510–520 USD/mt (vs. 571 USD benchmark) |
Why “Cross Middle East” freight is extremely cheap
- Distances between Persian Gulf ports (Mahshahr, Assaluyeh, Basra, Fujairah, Hamriyah) are very short (200–500 nautical miles).
- For 10–20 kt parcels, small MR vessels or clean barges are used.
- Worldscale rates on these short routes are low (typically w200–300 for MR).
- Current Clean Tankerwire (Feb 11, 2026) shows ample tonnage and gradually falling rates in East of Suez — ideal conditions for small, short-haul movements.
Why This Feature Is Extremely Attractive for GCC Buyers
- Small and medium buyers (traders, small petrochemical plants, blenders in UAE, Oman, Qatar, Kuwait) no longer need to buy a full 30 kt+ cargo and take inventory or resale risk.
- Just-in-time delivery: Product is held in Mahshahr tanks and shipped only when needed on small vessels to Fujairah or Hamriyah.
- Real logistics savings:
- No need to charter large vessels
- Lower demurrage and delay risk
- Direct delivery to consuming ports in the GCC
- Regional arbitrage: Buy at 500–505 USD/mt + 8–15 USD/mt freight = landed cost of 510–520 USD/mt in Fujairah → still 50–60 USD cheaper than the local benchmark.
Final Conclusion
In the current market environment (softening prices + global oversupply according to the IEA report), the OilLoad offer is not only cheaper naphtha on price, but also uniquely superior in logistics flexibility and volume.
Best target buyers:
- Small and medium Naphtha traders in the UAE, Oman, Qatar and Kuwait
- GCC petrochemical plants that need precise, on-time volumes
- Buyers who want to eliminate the risk and cost of chartering large vessels
Practical recommendation: If your required volume is below 30,000 mt or you are looking for delivery into Fujairah/Hamriyah, contact OilLoad immediately. This level of discount on Naphtha and flexibility is almost non-existent in the standard Gulf physical market and may disappear quickly if demand improves or available tonnage tightens.
If you need a precise freight calculation for a specific route (e.g. Mahshahr → Fujairah with 10 kt) or a comparison with other options, please provide the details and we will calculate it right away by oilload international transportation department
