ENGINE: Europe & Africa Bunker Fuel Market Update 23/11/21

Low sulphur bunker prices have ticked up across Europe and Africa, and suppliers continue to clear backlogs after weather disruptions in the Gibraltar Strait.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam and Gibraltar ($6/mt) LSMGO prices up in Rotterdam ($10/mt), Durban ($9/mt) and Gibraltar ($6/mt) HSFO …

ENGINE: East of Suez Bunker Fuel Market Update 23/11/21

East of Suez bunker fuel prices are mixed amid a slight rise in Brent crude, and bad weather is set to hamper bunker deliveries in South Korea.   Changes on the day to 16.00 SGT (08.00 GMT) VLSFO prices up in Singapore ($2/mt), and down in Fujairah ($6/mt) and Zhoushan ($2/mt) LSMGO prices up in …

Oil and Ore Intraday Morning Technical 23/11/21

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Oil and Products Morning Report 23/11/21

At 10:12 am Singapore time (0212 GMT), the ICE January Brent futures contract was down 15 cents/b (0.19%) from the previous close at $79.55/b, while the NYMEX January light sweet crude contract fell 31 cents/b (0.40%) to $76.44/b.   The decline on Nov. 23 comes after oil prices bounced off 7-week lows in the overnight …

Oil and Products Morning Report 22/11/21

At 10:04 am Singapore time (0204 GMT), the ICE January Brent futures contract was down 59 cents/b (0.75%) from the previous close at $78.30/b, while the NYMEX January light sweet crude contract fell 46 cents/b (0.61%) to $75.48/b.   Austria is set to go into full lockdown starting Nov. 22 as daily cases in the …