Category archives: Fuel Oil

FIS Fuel Oil Morning Report 08/10/21

Good morning all. Crude oil futures rallied during mid-morning Asian trade Oct. 8, extending overnight gains, following reports that the US has no current plans to tap into the country’s oil reserves to help quell rising gasoline prices. Crude oil had come under pressure after US Energy Secretary Jennifer Granholm told the Financial times on …

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Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …

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ENGINE: Americas Bunker Fuel Market Update 07/10/21

Bunker prices have moved in mixed directions across the Americas as Brent’s decline has slowed after sharp losses yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Los Angeles ($11/mt), Balboa ($7/mt) and Zona Comun ($5/mt), and down in Houston ($8/mt) and New York ($4/mt) LSMGO prices …

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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 …

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