ENGINE: Americas Bunker Fuel Market Update 5/8/21

Bunker prices are rangebound for most fuel grades in major ports across the Americas, as Brent values are steadier after a period of high volatility.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($4/mt), Los Angeles ($2/mt) and Balboa ($1/mt), and down in Houston ($2/mt) and …

FIS Fuel Oil Morning Report 06/08/21

At 11:32 am Singapore time (0332 GMT), the ICE October Brent futures contract was up 14 cents/b (0.2%) from the previous close at $71.48/b, while the NYMEX September light sweet crude contract rose 12 cents/b (0.17%) at $69.21/b.   The pandemic continues to be at the forefront of the mind of many, not just in …

FIS Morning Report Tanker FFA 06-08-21

News Headlines: OIL DAYBOOK EUROPE: Saudi Challenged in Asia by Cheaper Options (Bloomberg) Saudi Arabia’s move to push up the cost of its oil in Asia may backfire as the U.S. and Russia offer more competitively priced alternatives and an outbreak of the delta virus variant in China damps demand.     Benchmark Oil Tanker …