Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 24/9/21

Bunker prices are rising across East of Suez ports today, as Brent has gained more than $1/bbl on the day to trade above $77/bbl.   Changes on the day to 18.30 SGT (10.30 GMT) today: VLSFO prices up in Fujairah ($5/mt), Singapore ($3/mt), and steady in Zhoushan LSMGO prices up in Singapore ($14/mt), Fujairah ($12/mt) …

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ENGINE: Europe & Africa Bunker Fuel Market Update 24/9/21

Bunker prices are mostly rangebound across European and African bunker hubs as they resist some of Brent’s upward push, while other prices have been pulled down by lower-priced stems.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($1/mt), steady in Gibraltar, and down in Durban ($16/mt) LSMGO prices up …

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Daily Capesize Review 23/9/21

Capesize freight rates rallied to record high levels, amid tight tonnage supply and improving shipping demand in both basins. The Capesize 5 time charter average, then rose by $1,968 day-on-day to $61,683 on Thursday, as market participants anticipated a super cycle ahead. The Baltic Dry Index (BDI) then jumped further by $91, up 2.00% day-on-day, …

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ENGINE: Americas Bunker Fuel Market Update 23/9/21

Americas bunker prices have taken mixed directions, with some rallying further up with Brent, and others coming off after making significant gains yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($6/mt) and Zona Comun ($4/mt), and down in New York ($14/mt), Los Angeles ($6/mt) and Balboa …

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Oil Morning Report 24/09/21

At 10:40 am Singapore time (0240 GMT), the ICE November Brent futures contract was down 15 cents/b (0.19%) from the previous close at $77.10/b, while the NYMEX November light sweet crude contract was 20 cents/b (0.27%) lower at $73.10/b.   ANZ research analysts noted that Brent crude oil prices were still at a three-year high …

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ENGINE: East of Suez Bunker Fuel Market Update 23/9/21

East of Suez bunker prices are on the rise with Brent for a second day, and HSFO380 remains tight in Fujairah.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan and Singapore ($8/mt), Fujairah ($7/mt) LSMGO prices up in Zhoushan and Fujairah ($11/mt), and Singapore ($5/mt) HSFO380 prices …

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