Category archives: Fuel Oil

Oil and Products Morning Report 22/11/21

At 10:04 am Singapore time (0204 GMT), the ICE January Brent futures contract was down 59 cents/b (0.75%) from the previous close at $78.30/b, while the NYMEX January light sweet crude contract fell 46 cents/b (0.61%) to $75.48/b.   Austria is set to go into full lockdown starting Nov. 22 as daily cases in the …

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Oil and Products Morning Report 19/11/21

Oil & Products Morning Report     At 10:15 am Singapore time (0215 GMT), the ICE January Brent futures contract was up 40 cents/b (0.49%) from the previous close at $81.64/b, while the NYMEX December light sweet crude contract rose 37 cents/b (0.47%) at $79.38/b.   Since then, the ICE Brent and NYMEX light sweet …

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Daily Capesize Review 18/11/21

Capesize freight rates rebounded after recent selloff session, as more spot vessels had cleared out and thus setting up for a more balanced market. The Capesize 5 time charter average, then grew by $1,627 day-on-day to $27,033 on Thursday, after the paper market turned bullish and made some convincing gains. The Baltic Dry Index (BDI) …

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ENGINE: East of Suez Bunker Fuel Market Update 18/11/21

East of Suez fuel prices are sharply down on the day, tracking lower Brent as it dips below $80/bbl for the first time in over a month.   Changes on the day to 16.00 SGT (08.00 GMT) VLSFO prices down in Singapore ($19/mt), Fujairah ($17/mt) and Zhoushan ($16/mt) LSMGO prices down in Fujairah and Zhoushan …

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