Category archives: Fuel Oil

ENGINE: Americas Bunker Fuel Market Update 2/11/21

Americas bunker prices are mostly down with declining crude values, while Zona Comun’s prices have risen to premiums over several other regional ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices steady in Houston, and down in Balboa ($22/mt), New York ($7/mt), Los Angeles ($6/mt) and Zona Comun ($2/mt) LSMGO …

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ENGINE: East of Suez Bunker Fuel Market Update 2/11/21

Bunker prices have mostly recorded gains across East of Suez ports, tracking higher Brent values on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($27/mt), Singapore ($11/mt) and Fujairah ($8/mt) LSMGO prices up in Fujairah ($30/mt), Zhoushan ($10/mt), and down in Singapore ($1/mt) HSFO380 prices …

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ENGINE: Europe & Africa Bunker Fuel Market Update 2/11/21

Most European and African bunker prices have made significant gains with Brent, and congestion has built in Gibraltar.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($28/mt) and Gibraltar ($15/mt), and down in Rotterdam ($2/mt) LSMGO prices up in Gibraltar ($18/mt), Rotterdam ($9/mt) and Durban ($7/mt) HSFO prices up …

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Oil Morning Report 2/11/21

At 11:10 am Singapore time (0310 GMT), the ICE January Brent futures contract was up 21 cents/b (0.25%) from the previous close at $84.92/b, while the NYMEX December light sweet crude contract rose 13 cents/b (0.15%) at $84.18/b. Both benchmarks had settled higher by 0.5%-1.2% overnight.   Latest figures from the US Energy Information Administration …

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Daily Capesize Review 1/11/21

Capesize freight rates continued to soften on bearish market sentiment, with lesser shipping demand to move iron ore and coals. The Capesize 5 time charter average, then fell by $1,220 day-on-day to $34,845 on Monday, extending recent market corrections. The Baltic Dry Index (BDI) followed the downtrend and dropped by $91, down 2.59% day-on-day, to …

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ENGINE: Americas Bunker Fuel Market Update 1/11/21

Bunker prices have mostly gained with Brent across the Americas, and Balboa’s VLSFO price has risen to bigger premiums over regional ports amid tight supply.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($11/mt), Los Angeles ($9/mt) and Zona Comun ($5/mt), and down in New …

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ENGINE: East of Suez Bunker Fuel Market Update 1/11/21

East of Suez bunker prices are down from Friday’s levels, as Brent has shed more than $1/bbl.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price down in Zhoushan ($32/mt), Singapore ($11/mt) and Fujairah ($8/mt) LSMGO prices down in Singapore ($18/mt), Zhoushan and Fujairah ($12/mt) HSFO380 prices down in Zhoushan ($12/mt) …

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ENGINE: Europe & Africa Bunker Fuel Market Update 1/11/21

Declining Brent values have pulled European and African bunker prices down from highs made last week, and several Mediterranean locations have seen weather delays.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($28/mt), Gibraltar ($15/mt) and Rotterdam ($5/mt) LSMGO prices down in Gibraltar ($15/mt), Durban ($8/mt) and Rotterdam ($6/mt) …

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