ENGINE: East of Suez Bunker Fuel Market Update 02/08/21

Bunker prices have come down with Brent across East of Suez ports, and Singapore’s VLSFO price has moved to wider premiums over regional bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices down in Zhoushan ($11/mt), Fujairah ($9/mt) and Singapore ($8/mt)   LSMGO prices down in Singapore ($13/mt), …

FIS Fuel Oil Morning Report 02/08/21

At 10:55 am Singapore time (0255 GMT), the ICE October Brent futures contract was down $1.08/b (1.43%) from the previous close at $74.33/b, while the NYMEX September light sweet crude contract was 96 cents/b (1.30%) lower at $72.99/b.   The ever present threat of the Coronavirus is still clear to see as many Asian countries …

FIS Morning Report Tanker FFA 02-08-21

News Headlines: OIL DAYBOOK EUROPE: U.S. Blames Iran for Attack on Tanker (Bloomberg) The U.S. formally blamed Iran for a deadly attack on an Israel-linked oil tanker off Oman, warning of an appropriate response. “There is no justification for this attack, which follows a pattern of attacks and other belligerent behavior,” Secretary of State Antony …

ENGINE: Americas Bunker Fuel Market Update 30/07/21

Bunker prices across the Americas finish the week by rising higher on Brent, and a port strike has disrupted operations in two Argentinian ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($17/mt), New York ($10/mt), Balboa and Zona Comun ($8/mt) and Los Angeles ($4/mt) LSMGO prices …