ENGINE: Europe & Africa Bunker Fuel Market Update 06/10/21

Bunker prices continue to rise with support from Brent in ports across Europe and Africa, and anchorage deliveries face more weather disruptions in several Mediterranean ports.   Changes on the day to 08.00 GMT today:   VLSFO prices up in Gibraltar ($14/mt), Durban ($9/mt) and Rotterdam ($1/mt) LSMGO prices up in Rotterdam ($23/mt), Gibraltar ($18/mt) …

ENGINE: Americas Bunker Fuel Market Update 05/10/21

Americas bunker prices continue to rally on OPEC+ supply restraint, and LSMGO is more expensive compared to VLSFO than it has ever been in several ports.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Los Angeles ($23/mt), Houston ($14/mt), New York ($13/mt) and Balboa ($4/mt), and down …

FIS Morning Report Tanker FFA 06 -10-21

News Headlines: OIL DAYBOOK EUROPE: Saudis Cut Price to Asia; U.S. Supplies Grow (Bloomberg) Saudi Arabia reduced prices for all crudes destined to Asia, its biggest market, after OPEC+’s decision to keep slow production increases sent oil futures surging. * OIL FUTURES: Oil Steadies Near Seven-Year High as Stockpiles Grow Please click below to view …

FIS Fuel Oil Morning Report 06/10/21

At 11:25 am Singapore time (0325 GMT), the ICE December Brent futures contract was down 5 cents/b (0.06%) from the previous close at $82.51/b, while the NYMEX November light sweet crude contract was 9 cents/b (0.11%) lower at $78.84/b.   API Crude +0.951M Gas +3.682M Distillate +0.345M Cushing +1.999M   U.S. oil prices rose for …