Category archives: Fuel Oil

ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21

European and African bunker prices have edged up over the weekend, and outer anchorage bunkering is possible in Las Palmas again with calmer weather.    Changes on the day to 08.00 GMT today:  VLSFO prices up in Gibraltar ($5/mt) and Rotterdam ($2/mt), and down in Durban ($1/mt)  LSMGO prices up in Gibraltar ($4/mt) and Durban …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21”

Daily Capesize Review 9/7/21

Capesize freight rates recovered from recent slump and drove up on better Atlantic basins, while market slowed down in the Pacific basin. The Capesize 5 time charter average, then increased by $712 day-on-day to $30,972 on Friday, after some improvement in the trading session. The Baltic Dry Index (BDI) also rose slightly by 0.58% day-on-day, …

Continue reading “Daily Capesize Review 9/7/21”

FIS Fuel Oil Morning Report 12/07/21

At 10:30 am Singapore time (0230 GMT), the ICE September Brent futures contract was down 11 cents/b (0.15%) from the previous close at $75.44/b while the NYMEX August light sweet crude contract was down 8 cents/b (0.11%) at $74.48/b.   After failing to ratify production increases from the rest of the year, the OPEC group …

Continue reading “FIS Fuel Oil Morning Report 12/07/21”

FIS Fuel Oil Morning Report 09/07/21

At 11:15 am Singapore time (0315 GMT), the ICE September Brent futures contract was up 5 cents/b (0.07%) from the previous close at $74.17/b, while the NYMEX August light sweet crude contract was up 14 cents/b (0.19%) at $73.08/b.   EIA (wk ending 2 July) Crude: -6.866M Cushing: -0.614M Gasoline: -6.076M Distillates: 1.616M   Data …

Continue reading “FIS Fuel Oil Morning Report 09/07/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 8/7/21

Bunker prices are sharply down in Europe and Africa as Brent sheds more than 3% on the day.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam ($12/mt) and Durban ($4/mt) LSMGO prices down in Gibraltar ($16/mt), Rotterdam ($15/mt) and Durban ($5/mt) HSFO prices up down in Rotterdam …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 8/7/21”