FIS Fuel Oil Morning Report 16/07/21

Good morning and happy Friday.  As of 11:26 am Singapore time (0326 GMT), the ICE September Brent crude futures contract rose 2 cents/b (0.03%) from the previous close at $73.49/b, while the NYMEX August light sweet crude contract was up 4 cents/b (0.06%) at $71.69/b. The front month ICE Brent and NYMEX light sweet crude …

ENGINE: Americas Bunker Fuel Market Update 15/7/21

Bunker prices have plunged in the Americas amid a 3% Brent price fall on the day.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in Houston ($54/mt), New York ($30/mt), Zona Comun ($20/mt), Balboa ($18/mt) and Los Angeles ($15/mt) LSMGO prices down in New York ($34/mt), Houston, Balboa and …

ENGINE: East of Suez Bunker Fuel Market Update 15/7/21

East of Suez bunker prices have made sharp losses, pulled down by Brent values weakening on the prospect of an imminent OPEC+ deal and signs of lower US fuel demand.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($19/mt), Singapore ($18/mt) and Fujairah ($14/mt) LSMGO prices down …