Category archives: Fuel Oil

ENGINE: Americas Bunker Fuel Market Update 28/09/21

Bunker prices have dipped from yearly highs in several major bunkering locations across the Americas, and strong wind has delayed some bunker deliveries in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Balboa ($13/mt), and down in Zona Comun ($10/mt), Houston ($7/mt), Los Angeles ($5/mt) …

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FIS Fuel Oil Morning Report 29/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was down 98 cents/b (1.24%) from the previous close at $78.11/b, while the NYMEX November light sweet crude contract was 83 cents/b (1.10%) lower at $74.46/b.   In inventory news, the American Petroleum Institute reported late Sept. 28 that US crude supplies …

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Daily Capesize Review 28/9/21

Capesize freight rates soared to greater heights on better shipping demand amid tight tonnage supply. The Capesize 5 time charter average, then jumped by $5,983 day-on-day to $69,013 on Tuesday, due to bullish market sentiments on higher C3 and C5 fixings. The Baltic Dry Index (BDI) then rose by $245, up 5.19% day-on-day, to $4,962, …

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ENGINE: East of Suez Bunker Fuel Market Update 28/09/21

East of Suez bunker prices are moving in different directions today, with some rising with Brent trading at three-year highs of more than $80/bbl.     Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices up in Zhoushan ($4/mt), down in Fujairah ($9/mt) and Singapore ($4/mt) LSMGO prices up in Singapore …

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Daily Capesize Review 27/9/21

Capesize freight rates rebounded on better restocking demands amid tight tonnage supply and port congestion among Chinese ports. The Capesize 5 time charter average, then went up by $1,724 day-on-day to $63,030 on Monday, challenging for new heights amid bullish sentiment. The Baltic Dry Index (BDI) then rose by $73, up 1.57% day-on-day, to $4,717, …

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ENGINE: Europe & Africa Bunker Fuel Market Update 28/09/21

European and African bunker prices have been rangebound in the past day, slowing their rise after rallying to multi-month highs on the back of Brent pushing above $80/bbl.   Changes on the day to 08.00 GMT today:   VLSFO prices up in Gibraltar ($2/mt), and down in Durban ($7/mt) and Rotterdam ($1/mt) LSMGO prices up …

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