Category archives: News

Morning Tanker FFA Report 1/11/21

News Headlines:   Oil drops on China fuel reserves release; OPEC+ meeting in view (Reuters) Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a Nov. 4 meeting of major crude producers that could increase future production targets. Brent …

Continue reading “Morning Tanker FFA Report 1/11/21”

Morning Oil Report 1/11/21

At 11:01 am Singapore time (0301 GMT), the ICE January Brent futures contract was down 23 cents/b (0.27%) from the previous close at $83.49/b, while the NYMEX December light sweet crude contract fell 41 cents/b (0.49%) at $83.16/b.   Crude oil futures dipped in mid-morning trade in Asia Nov. 1 following weak economic data out …

Continue reading “Morning Oil Report 1/11/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 29/10/21

Bunker prices have bounced back with recovering crude values in the past day, and HSFO380 is tight with certain suppliers in the ARA and Canary Islands.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam ($10/mt) and Gibraltar ($5/mt) LSMGO prices up in Durban ($7/mt), Rotterdam ($6/mt) and …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 29/10/21”

ENGINE: East of Suez Bunker Fuel Market Update 29/10/21

Bunker prices have mostly recorded gains on the day, as Brent has rebounded after a three-day decline.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price up in Fujairah ($10/mt) and Singapore ($4/mt) LSMGO prices up in Zhoushan ($14/mt), Singapore and Fujairah ($4/mt) HSFO380 prices up in Fujairah ($6/mt), and down …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 29/10/21”