ENGINE: Europe & Africa Bunker Fuel Market Update 8/7/21

Bunker prices are sharply down in Europe and Africa as Brent sheds more than 3% on the day.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam ($12/mt) and Durban ($4/mt) LSMGO prices down in Gibraltar ($16/mt), Rotterdam ($15/mt) and Durban ($5/mt) HSFO prices up down in Rotterdam …

FIS Morning Report Tanker FFA 08-07-21

News Headlines: Ship Explosion Rocks Dubai Port (OilPrice) The Dubai government said: “A fire has been reported to have broken out in a container within a ship anchored in Jebel Ali Port. A Dubai Civil Defense team is working to put out the blaze.”     Oil prices extend losses as OPEC+ uncertainty lingers (Reuters) …