Author archives: Chris Hudson

Tanker Morning Report 9/8/21

News Headlines:   Iranian drone attacked Zodiac-operated Mercer Street tanker, US says (Tradewinds) US Central Command — the US military’s arm responsible for the Middle East — said its experts were able to recover pieces of the drone that struck the 49,992-dwt Mercer Street (built 2013) in the Gulf of Oman, concluding it was built …

Continue reading “Tanker Morning Report 9/8/21”

Oil Morning Report 9/8/21

  Brent crude futures slid by $1.27, or 1.8%, to $69.43 a barrel by 0434 GMT, after having slumped 6% last week, their biggest weekly loss in four months. U.S. West Texas Intermediate (WTI) crude futures fell $1.29, or 1.9%, to $66.99 a barrel, after having slumped nearly 7% last week in their steepest weekly …

Continue reading “Oil Morning Report 9/8/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 6/8/21

Bunker prices are down with Brent in Europe and African ports, and Gibraltar holds at parity with price levels in Rotterdam.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($12/mt), Rotterdam ($7/mt) and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($11/mt), Durban ($10/mt) and Gibraltar ($9/mt) HSFO prices up …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 6/8/21”

ENGINE: East of Suez Bunker Fuel Market Update 6/8/21

East of Suez bunker prices have mostly bounced back with rising Brent values in the past day, and an incoming typhoon threatens bunker disruptions in Japan over the weekend.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Singapore ($9/mt) and Zhoushan ($6/mt) LSMGO prices up in …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 6/8/21”

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 …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 5/8/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 5/8/21

European and African bunker prices have made sharp losses alongside Brent, and Gibraltar’s VLSFO price continues to be competitive with ARA ports.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam and Durban ($18/mt) and Gibraltar ($16/mt) LSMGO prices down in Gibraltar ($19/mt) and Rotterdam ($18/mt) and steady in Durban …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 5/8/21”

ENGINE: East of Suez Bunker Fuel Market Update 5/8/21

Bunker prices have slumped to two-week lows in major East of Suez ports, as Brent fell below $70/bbl earlier today under pressure from a build in US crude stocks and lockdown measures in China.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($20/mt), Zhoushan ($18/mt) and Singapore …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 5/8/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 4/8/21

European and African bunker prices have edged down, tracking Brent as the futures contract falls for a fourth consecutive day.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($7/mt), Durban ($2/mt) and Rotterdam ($1/mt) LSMGO prices down in Rotterdam ($3/mt) and Gibraltar and Durban ($1/mt) HSFO prices down in …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 4/8/21”