ENGINE: Americas Bunker Fuel Market Update 14/9/21

Bunker prices have mostly been rangebound in the Americas, and a tropical storm is set to disrupt bunkering as it approaches Texan ports.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($14/mt) and Zona Comun ($4/mt), and down in Houston ($4/mt), New York and …

Fuel Oil Morning Report 14/09/21

At 10:25 am Singapore time (0225 GMT), the ICE November Brent futures contract was up 32 cents/b (0.44%) from the previous settle at $73.83/b, while the NYMEX October WTI contract was up 36 cents/b (0.51%) at $70.81/b.   Supply concerns were compounded by the emergence of Tropical Storm Nicholas on the Texas Gulf Coast as …

ENGINE: East of Suez Bunker Fuel Market Update 13/9/21

Bunker prices have mostly made sharp gains in East of Suez bunkering hubs, and bunkering has been suspended ahead of an approaching typhoon in Zhoushan and Shanghai.   Changes on the day from Friday, to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt) and Singapore ($9/mt), and down in Fujairah ($11/mt) LSMGO …

ENGINE: Europe & Africa Bunker Fuel Market Update 13/9/21

VLSFO prices have been propelled by Brent to seven-week highs in major global bunkering hubs.   Changes on the day from Friday, to 08.00 GMT today: VLSFO prices up in Rotterdam ($18/mt), Gibraltar ($9/mt) and Durban ($6/mt) LSMGO prices up in Rotterdam ($18/mt), Gibraltar ($13/mt), and down in Durban ($14/mt) HSFO prices up in Rotterdam …

Oil and Ore Intraday Morning Technical 13/09/21

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Daily Capesize Review 10/9/21

Capesize freight rates rebounded from previous losses, with better offers that supported the market fundamentals for the bullish market. The Capesize 5 time charter average, then dropped by $5,021 day-on-day to $46,172 on Friday, as market confidence improved over shipping demand amid tight tonnage. The Baltic Dry Index (BDI) then rose by $221, up 6.07% …

FIS Fuel Oil Morning Report 13/09/21

At 11:25 am Singapore time (0325 GMT), ICE November Brent futures was 43 cents/b (0.59%) higher at $73.35/b while the NYMEX October WTI contract was up 45 cents/b (0.65%) at $70.17/b.   US oil industry struggles to get back on its feet following Hurricane Ida. More than 1m b/d of capacity are still offline, nearly …