ENGINE: East of Suez Bunker Fuel Market Update 28/10/21

Bunker prices have dropped on the day across East of Suez ports, dragged down by lower Brent values after a sizeable US crude inventory build.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($10/mt) and Singapore ($7/mt) LSMGO prices down in Singapore ($15/mt), Zhoushan ($13/mt) and Fujairah …

Oil Morning Report 28/10/21

At 10:09 am Singapore time (0209 GMT), the ICE December Brent futures contract was down $2.08/b (2.46%) from the previous close at $82.50/b, while the NYMEX December light sweet crude contract fell $1.80/b (2.18%) to $80.86/b.   EIA weekly data Crude stocks +4.268M Gasoline stocks -1.993M Distillate stocks -0.432M Cushing stocks -3.899M   Crude oil …

ENGINE: Americas Bunker Fuel Market Update 27/10/21

Bunker prices have mostly tracked declining Brent values across the Americas, and LSMGO stems have been offered in a wide range in Los Angeles.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices steady in Balboa, and down in Los Angeles ($5/mt), Houston ($4/mt) and New York and Zona Comun ($1/mt) …

ENGINE: East of Suez Bunker Fuel Market Update 27/10/21

East of Suez bunker prices have mostly come down with Brent, while Singapore’s LSMGO price has jumped amid higher-priced stems.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price down in Fujairah ($6/mt), Zhoushan ($3/mt) and Singapore ($1/mt)    LSMGO prices up in Singapore ($21/mt), and down in Zhoushan and Fujairah …

ENGINE: Europe & Africa Bunker Fuel Market Update 27/10/21

Rotterdam’s bunker prices have dropped sharply amid declining Brent values, and fuel oil supply has tightened in the port.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($1/mt), and down in Rotterdam ($18/mt) and Gibraltar ($6/mt) LSMGO prices steady in Durban, and down in Rotterdam ($9/mt) and Gibraltar ($1/mt) …

Morning Oil Report 27/10/21

At 10:45 am Singapore time (0245 GMT), the ICE December Brent futures contract was down 50 cents/b (0.58%) from the previous close at $85.90/b, while the NYMEX December light sweet crude contract was 60 cents/b (0.71%) lower at $84.05/b after settling at a fresh seven-year high overnight.   API Crude: +2.318 M Cushing: -3.734 M …

ENGINE: Americas Bunker Fuel Market Update 27/10/21

Most bunker prices have dipped with Brent across the Americas in the past day, while New York’s fuel oil prices have gained.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($14/mt), and down in Los Angeles ($12/mt), Balboa ($6/mt), Houston and Zona Comun ($3/mt) LSMGO prices …

ENGINE: East of Suez Bunker Fuel Market Update 26/10/21

Bunker prices have moved in mixed directions in East of Suez ports in the past day, and supplies are tight in major bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price up in Fujairah ($2/mt), and down in Zhoushan and Fujairah ($9/mt)    LSMGO prices down in Zhoushan ($20/mt), …