Category archives: Fuel Oil

ENGINE: Europe & Africa Bunker Fuel Market Update 4/8/21

European and African bunker prices have edged down, tracking Brent as the futures contract falls for a fourth consecutive day.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($7/mt), Durban ($2/mt) and Rotterdam ($1/mt) LSMGO prices down in Rotterdam ($3/mt) and Gibraltar and Durban ($1/mt) HSFO prices down in …

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FIS Castaway Podcast – Episode 66 04/08/21

    FIS Castaway Podcast – Episode 66     Iron ore leads the fall as we discuss Chinese emissions targets, OPEC+ production, and typhoon congestion affecting the ferrous, oil and freight markets.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-66/   Spotify https://open.spotify.com/episode/4cIFXumuQH7h3yKMHtM3SC?si=813wyHFoTvWFnPujqMGwSA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-66/id1507094242?i=1000530964587         Disclaimer: This podcast is a marketing communication and …

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ENGINE: East of Suez Bunker Fuel Market Update 4/8/21

Bunker prices have mostly gained in East of Suez in the past day, recovering some of the sharp losses made under pressure from tumbling Brent values at the beginning of the week.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($4/mt) and Singapore ($3/mt), and down in …

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Daily Capesize Review 3/8/21

Capesize freight rates improved with more shipping activities, though there were oversupply concerns among trade participants. The Capesize 5 time charter average, then dipped by $213 day-on-day to $35,216 on Tuesday, after showing signs of improvement. The Baltic Dry Index (BDI) also went down slightly by 0.03% day-on-day, or 1 point to 3,281 readings, despite …

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ENGINE: Americas Bunker Fuel Market Update 3/8/21

Bunker prices are mostly rangebound in the Americas, but some values have tracked tumbling Brent futures further down, and others have gained to recover some of the heavy losses made in the previous session.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($16/mt), Houston ($4/mt) and …

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FIS Fuel Oil Morning Report 04/08/21

Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel, as of 0129 GMT. U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.5%, to $70.23 a barrel. Both futures fell on Tuesday to their lowest since July 21 before regaining some ground by the close.   The United States and …

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