Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 20/9/21

Most bunker prices have slipped across East of Suez ports over the weekend, tracking lower Brent values.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO prices steady in Singapore, and down in Zhoushan ($12/mt) and Fujairah ($9/mt) LSMGO prices down in Zhoushan ($7/mt), Singapore ($5/mt) and Fujairah ($3/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 20/9/21

Bunker prices have slipped further down with Brent over the weekend, and gale is set to suspend bunkering in Algoa Bay this afternoon.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices down in Rotterdam and Durban ($7/mt) and Gibraltar ($3/mt) LSMGO prices down in Gibraltar ($4/mt). Rotterdam and Durban ($3/mt) …

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Morning Oil Report 20/9/21

Brent crude futures fell 48 cents, or 0.6%, to $74.86 a barrel at 0410 GMT after losing 33 cents on Friday. U.S. West Texas Intermediate (WTI) crude futures fell 55 cents, or 0.8%, to $71.42 a barrel, after declining by 64 cents on Friday.   Oil fell with the greenback near a three-week high following …

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Daily Capesize Review 17/9/21

Capesize freight rates rebounded from a series of corrections, after gains were made in both basins. The Capesize 5 time charter average, then rose by $959 day-on-day to $53,240 on Friday, despite the absence of Chinese trade participants as they prepared for holiday celebrations. The Baltic Dry Index (BDI) then jumped by $60, up 1.42% …

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ENGINE: East of Suez Bunker Fuel Market Update 17/9/21

Bunker prices are mostly down across East of Suez hubs as Brent has slipped on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: · VLSFO prices down in Singapore ($6/mt), Fujairah ($4/mt) and Zhoushan ($2/mt) · LSMGO prices down in Fujairah ($12/mt), Singapore ($5/mt) and steady in Zhoushan · HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 17/9/21

European and African bunker prices are hovering close to two-months highs after a day of steady levels.   Changes on the day to 08.00 GMT today: · VLSFO prices steady in Rotterdam, and down in Durban ($3/mt) and Gibraltar ($2/mt) · LSMGO prices steady in Gibraltar, and down in Rotterdam ($3/mt) and Durban ($2/mt) · …

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Morning Oil Report 17/9/21

At 10:41 am Singapore time (0241 GMT), the ICE November Brent futures contract was down 16 cents/b (0.21%) from the previous close at $75.51/b, while the NYMEX October light sweet crude contract was 15 cents/b (0.21%) lower at $72.46/b. Demand concerns have resurfaced as China battles a fresh outbreak of COVID-19 cases in southern Fujian …

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ENGINE: Americas Bunker Fuel Market Update 16/9/21

Bunker prices have retreated from seven-week highs in the Americas as Brent runs out of steam. Changes on the day to 09.30 CST (14.30 GMT) today: · VLSFO prices down in Houston ($17/mt), New York and Los Angeles ($12/mt), Balboa and Zona Comun ($11/mt) · LSMGO prices down in Los Angeles ($35/mt), Zona Comun ($21/mt), …

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