Category archives: Fuel Oil

Daily Capesize Review 16/9/21

Capesize freight rates slid downward due to market uncertainty and discounted paper curve, with concerns over falling iron prices. The Capesize 5 time charter average, then dropped by $1,100 day-on-day to $52,281 on Thursday, as market participants were more cautious over mixed outlook. The Baltic Dry Index (BDI) then dipped by $18, down 0.43% day-on-day, …

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ENGINE: East of Suez Bunker Fuel Market Update 16/9/21

East of Suez bunker prices have risen to their highest point yet this year after Brent passed the $75/bbl mark, and bunkering has resumed in Shanghai.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($12/mt), Fujairah ($9/mt) and Zhoushan ($4/mt) LSMGO prices up in Fujairah ($5/mt) and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 16/9/21

Bunker prices have reached two-month highs in Rotterdam and Gibraltar, and a bout of rough weather could disrupt bunkering off Skaw.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($10/mt), Rotterdam and Gibraltar ($9/mt) LSMGO prices up in Durban ($13/mt), Gibraltar ($12/mt) and Rotterdam ($7/mt) HSFO prices up in …

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ENGINE: Americas Bunker Fuel Market Update 15/9/21

A $2/bbl Brent rally has sent bunker prices up across the board in the Americas, and port operations have normalised in the Houston area.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($18/mt), New York ($17/mt), Los Angeles ($15/mt), Houston ($14/mt) and Balboa ($12/mt) LSMGO prices …

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FIS Fuel Oil Morning Report 16/09/21

At 11 am Singapore time (0300 GMT), the ICE November Brent futures contract was up 28 cents/b (0.37%) from the previous close at $75.74/b while the NYMEX October light sweet crude contract rose 26 cents/b (0.36%) at $72.87/b.   EIA week ending 9/10 Crude oil: -6.4M Gasoline: -1.9M Distillates: -1.7M Refiner utilz: 82.1% Impld mogas …

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ENGINE: Europe & Africa Bunker Fuel Market Update 15/9/21

European and African bunker prices have ticked up alongside Brent, and Algoa Bay bunkering has been suspended since yesterday.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Durban ($4/mt), and down in Rotterdam ($1/mt) LSMGO prices up in Rotterdam ($6/mt), Gibraltar and Durban ($3/mt) HSFO prices up in …

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