Author archives: Chris Hudson

Oil Morning Report 26/10/21

At 10:10 am Singapore time (0210 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at $85.95/b, while the NYMEX December light sweet crude contract dipped 11 cents/b (0.13%) to $83.65/b.   Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally …

Continue reading “Oil Morning Report 26/10/21”

ENGINE: Americas Bunker Fuel Market Update 25/10/21

Bunker prices have moved in mixed directions across US ports, with some taking direction from Brent to reach yearly highs.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($12/mt), Zona Comun ($9/mt) and Houston ($5/mt), and down in Los Angeles ($23/mt) and New York ($7/mt) …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 25/10/21”

ENGINE: East of Suez Bunker Fuel Market Update 25/10/21

East of Suez bunker prices are mostly up today, with fuel availability particularly tight in Fujairah and Singapore.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO price up in Singapore ($14/mt), Zhoushan ($12/mt) and Fujairah ($11/mt)    LSMGO prices up in Fujairah ($13/mt), Singapore and Zhoushan ($4/mt) HSFO380 prices …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 25/10/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 25/10/21

Rotterdam’s VLSFO price has climbed to record highs, and VLSFO prices are at their highest since the IMO 2020 transition in other major European and African ports.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices up in Rotterdam ($20/mt), Durban ($18/mt) and Gibraltar ($14/mt) LSMGO prices up in Gibraltar ($12/mt) …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 25/10/21”

Morning Oil Report 25/10/21

At 10:28 am Singapore time (0228 GMT), the ICE December Brent futures contract was up 64 cents/b (0.75%) from the previous close at $86.17/b, while the NYMEX December light sweet crude contract was 84 cents/b (1%) higher at $84.60/b.   Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply …

Continue reading “Morning Oil Report 25/10/21”

Morning Tanker FFA Report 25/10/21

News Headlines:   Oil prices extend gains to multi-year highs on tight supply (Reuters) Oil prices climbed on Monday, extending pre-weekend gains to hit multi-year highs as global supply remained tight amid solid fuel demand in the United States and elsewhere in the world as economies pick up from coronavirus pandemic-induced slumps.   To view …

Continue reading “Morning Tanker FFA Report 25/10/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 22/10/21

European and African bunker prices have declined alongside Brent in most major ports, and prompt VLSFO availability has tightened in the ARA.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($2/mt), and down in Rotterdam and Durban ($5/mt) LSMGO prices down in Gibraltar ($12/mt) and Rotterdam ($9/mt) HSFO prices …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 22/10/21”

ENGINE: East of Suez Bunker Fuel Market Update 22/10/21

Bunker prices are down across East of Suez ports, as Brent has dropped below $85/bbl and is on track for its first weekly drop since early September.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($6/mt), Fujairah ($3/mt) and Singapore ($2/mt) LSMGO prices down in Singapore ($16/mt), …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 22/10/21”