Category archives: News

ENGINE: Americas Bunker Fuel Market Update 27/09/21

Bunker prices have rallied to multi-month highs in several ports in the Americas, propelled by Brent futures trading close to $80/bbl for the first time in three years.   Changes on the day since Friday, to 09.30 CST (14.30 GMT) today:     VLSFO prices up in New York ($16/mt), Houston ($10/mt), Los Angeles ($8/mt) …

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FIS Morning Report Tanker FFA 28-09-21

News Headlines: OIL DAYBOOK EUROPE: BP Sees Pre-Virus Demand Return in 3Q 2022 (Bloomberg) Global oil consumption is expected to return to pre-pandemic levels in the third quarter of 2022, with Asia continuing as the center for oil-product demand growth, according to BP Plc. Stockpiles of crude and most products returned to normal levels by …

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FIS Fuel Oil Morning Report 28/09/21

At 10:20 am Singapore time (0220 GMT), the ICE November Brent futures contract was up 22 cents/b (0.28%) from the previous close at $79.75/b, while the NYMEX November light sweet crude contract was 25 cents/b (0.33%) higher at $75.70/b.   The catalyst driving oil prices strength continues to be the bullish demand outlook and near-term …

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