ENGINE: East of Suez Bunker Fuel Market Update 07/10/21

East of Suez bunker prices have come off multi-month highs in the past day, tracking declining crude futures.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices down in Singapore and Zhoushan ($18/mt) and Fujairah ($10/mt) LSMGO prices down in Singapore ($15/mt), Zhoushan ($14/mt) and Fujairah ($12/mt) HSFO380 prices down …

ENGINE: Europe & Africa Bunker Fuel Market Update 07/10/2021

Bunker prices have dipped with crude futures across Europe and Africa, and rough weather has restricted bunkering off Malta to one of its six bunkering areas.   Changes on the day to 08.00 GMT today:   VLSFO prices down in Gibraltar ($19/mt), Rotterdam ($16/mt) and Durban ($3/mt) LSMGO prices down in Gibraltar ($27/mt), Durban ($24/mt) …

FIS Fuel Oil Morning Report 07/10/21

At 11:08 am Singapore time (0308 GMT), the ICE December Brent futures contract was down 49 cents/b (0.6%) from the previous close at $80.59/b, while the NYMEX November light sweet crude contract was 76 cents/b (0.98%) lower at $76.67/b.   EIA week ending 10/1 Crude oil: +2.3M Gasoline: +3.3M Distillates: -0.4M Refiner utilz: 89.6% Impld …

FIS Morning Report Tanker FFA 07 -10-21

News Headlines: OIL DAYBOOK EUROPE: Oil Market Needs Half-Trillion in Investment (Bloomberg) Oil explorers need to raise drilling budgets by 54% to more than half a trillion dollars to forestall a significant supply deficit in the next few years, according to Moody’s Investors Service Inc. * OIL FUTURES: Oil Holds Decline as Energy Crunch Fears …

ENGINE: Americas Bunker Fuel Market Update 06/10/21

Bunker prices have come down from multi-month highs in the Americas, and Vancouver’s prices have risen against other ports along the North American coast.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices down in Houston and Zona Comun ($12/mt), Balboa ($11/mt), New York and Los Angeles ($10/mt) LSMGO prices …