Category archives: Fuel Oil

Daily Capesize Review 21/9/21

Capesize freight rates continued to rise by the firm Pacific basin, despite market uncertainty over the Chinese property sector. The Capesize 5 time charter average, then rose by $2,474 day-on-day to $56,269 on Tuesday, despite the absence of some Chinese trade participants on holiday celebrations. The Baltic Dry Index (BDI) then jumped by $106, up …

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FIS Fuel Oil Morning Report 22/09/21

At 10:30 am Singapore time (0230 GMT), the ICE November Brent futures contract was up 50 cents/b (0.67%) from the previous close at $74.86/b, while the NYMEX November light sweet crude contract was 59 cents/b (0.84%) higher at $71.08/b.   API Crude -6.108M Cushing -1.748M Gasoline -0.432M Distillate -2.720M   Highlighting tight supply as demand …

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

Bunker prices are mostly trending downwards in the Americas, and bunkering is expected to resume in Zona Comun with calmer weather tomorrow.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($25/mt), steady in Houston, and down in Zona Comun ($8/mt), New York ($4/mt) and Balboa ($3/mt) …

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

Bunker prices have risen with Brent in major European and African ports, and Gibraltar Strait bunkering could be disrupted by incoming weather.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Rotterdam and Gibraltar ($3/mt) LSMGO prices up in Gibraltar ($7/mt), Durban ($3/mt) and Rotterdam ($2/mt) HSFO prices up …

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

East of Suez bunker prices have risen with Brent since yesterday, and HSFO380 supply has gotten tighter in Fujairah.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($5/mt) and Zhoushan ($3/mt), and steady in Singapore LSMGO prices up in Singapore ($7/mt), and steady in Zhoushan and Fujairah …

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Fuel Oil Morning Report 21/09/21

At 10:57 am Singapore time (0257 GMT), the ICE November Brent futures contract was up 62 cents/b (0.84%) from the previous close at $74.54/b, while the NYMEX October light sweet crude contract rose 64 cents/b (0.91%) to $70.93/b.   Analysts have said that higher gas prices spurred by the tightness in the European gas market …

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ENGINE: Americas Bunker Fuel Market Update 20/9/21

Most prices are down across bunkering ports in the Americas, and weather disruptions are expected to halt deliveries in Zona Comun until tomorrow.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($16/mt), and down in Los Angeles ($18/mt), Zona Comun ($7/mt), Balboa ($4/mt) and New …

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