Author archives: Chris Hudson

ENGINE: Americas Bunker Fuel Market Update 29/10/21

Americas bunker prices have declined further in several key locations, as Brent sheds $1/bbl in the wake of a big US crude inventory build.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($3/mt), and down in Houston ($21/mt), New York and Balboa ($14/mt) and Zona Comun …

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ENGINE: East of Suez Bunker Fuel Market Update 28/10/21

Bunker prices have dropped on the day across East of Suez ports, dragged down by lower Brent values after a sizeable US crude inventory build.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($10/mt) and Singapore ($7/mt) LSMGO prices down in Singapore ($15/mt), Zhoushan ($13/mt) and Fujairah …

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ENGINE: Europe & Africa Bunker Fuel Market Update 28/10/21

European and African bunker prices have come further down with Brent after a sizeable US crude inventory build.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($12/mt), Gibraltar ($11/mt) and Rotterdam ($10/mt) LSMGO prices down in Durban ($15/mt), Gibraltar ($14/mt) and Rotterdam ($6/mt) HSFO prices steady in Durban, and …

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Oil Morning Report 28/10/21

At 10:09 am Singapore time (0209 GMT), the ICE December Brent futures contract was down $2.08/b (2.46%) from the previous close at $82.50/b, while the NYMEX December light sweet crude contract fell $1.80/b (2.18%) to $80.86/b.   EIA weekly data Crude stocks +4.268M Gasoline stocks -1.993M Distillate stocks -0.432M Cushing stocks -3.899M   Crude oil …

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ENGINE: Americas Bunker Fuel Market Update 27/10/21

Bunker prices have mostly tracked declining Brent values across the Americas, and LSMGO stems have been offered in a wide range in Los Angeles.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices steady in Balboa, and down in Los Angeles ($5/mt), Houston ($4/mt) and New York and Zona Comun ($1/mt) …

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Morning Tanker FFA Report 28/10/21

News Headlines:   Investors on board as U.S. oil majors dismiss wind and solar projects (Reuters) HOUSTON/BOSTON, Oct 27 (Reuters) – Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to …

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ENGINE: East of Suez Bunker Fuel Market Update 27/10/21

East of Suez bunker prices have mostly come down with Brent, while Singapore’s LSMGO price has jumped amid higher-priced stems.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price down in Fujairah ($6/mt), Zhoushan ($3/mt) and Singapore ($1/mt)    LSMGO prices up in Singapore ($21/mt), and down in Zhoushan and Fujairah …

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ENGINE: Europe & Africa Bunker Fuel Market Update 27/10/21

Rotterdam’s bunker prices have dropped sharply amid declining Brent values, and fuel oil supply has tightened in the port.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($1/mt), and down in Rotterdam ($18/mt) and Gibraltar ($6/mt) LSMGO prices steady in Durban, and down in Rotterdam ($9/mt) and Gibraltar ($1/mt) …

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