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TotalEnergies Executes First WAF Crude Trade on Argus Open Markets

TotalEnergies Executes First WAF Crude Trade on Argus Open Markets

London – September 28, 2026 -- TotalEnergies has accepted an offer for a 950,000-barrel Nigerian Qua Iboe crude cargo at a premium of $4.10 per barrel to Dated Brent, marking the first west African (WAF) crude transaction executed on the Argus Open Markets (AOM) platform. The deal carries an estimated value of more than $115mn.

First WAF crude deal completes on Argus screen-based platform

The transaction originated on the WAF crude AOM stack, a venue operated by price-reporting agency Argus Media that lets registered participants post bids and offers and initiate trades within a visible, auditable framework. The trade builds on rising participation from producers, traders and refiners who have used the platform to test liquidity and show value ahead of this first completed deal.

Heat Transfer Fluids Market to Hit $6.60B by 2031, MarketsandMarkets Says

Heat Transfer Fluids Market to Hit $6.60B by 2031, MarketsandMarkets Says

Delray Beach – September 22, 2026 -- The global heat transfer fluids market is projected to expand from $5.33 billion in 2026 to $6.60 billion by 2031, a 4.4% compound annual growth rate, according to a new report from MarketsandMarkets.

Asia Pacific leads growth as chemical and electronics output expands

Asia Pacific is both the largest and fastest-growing regional market, expanding at a 5.1% CAGR through 2031. China, India, Japan, South Korea and Southeast Asian manufacturing hubs are driving demand for process heating and temperature-control solutions across chemicals, automotive, electronics and pharmaceutical production, alongside rising investment in data centers and HVAC infrastructure.

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