Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 7/721

East of Suez Bunker Fuel Market Update East of Suez bunker prices are sharply down with Brent on the day, erasing yesterday’s gains.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($21/mt), Fujairah ($20/mt) and Zhoushan ($19/mt) LSMGO prices down in Fujairah ($29/mt), Zhoushan ($24/mt) and Singapore …

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FIS Castaway Podcast – Episode 62 – Base Metals Special 07/07/21

    FIS Castaway Podcast – Episode 62 – Base Metals Special   This week is all about that base. Nick McClements talks about the base metal market after we explore the freight, iron ore and freight markets.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-62/   Spotify https://open.spotify.com/episode/4P2aKjAvILf6mZgg5mVnCB?si=DnG88hz7TUieXD00SIp1eA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-62-base-metals-special/id1507094242?i=1000528109462       Disclaimer: This podcast …

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

ENGINE: Europe & Africa Bunker Fuel Market Update   European and African bunker prices have largely reversed yesterday’s sharp gains by tracking tumbling Brent futures down from multi-year highs.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($20/mt), Gibraltar ($16/mt) and Rotterdam ($11/mt) LSMGO prices down in Gibraltar ($20/mt), …

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FIS Fuel Oil Morning Report 07/07/21

At 11:48 am Singapore time (0348 GMT), the ICE September Brent futures contract was down 6 cents/b (0.08%) from the previous close at $74.47/b, while the NYMEX August light sweet crude contract was down 2 cents/b (0.03%) at $73.35/b. The Brent marker and the NYMEX light sweet crude market had plummeted 3.41% and 2.38% overnight …

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Daily Capesize Review 6/7/21

Capesize freight rates dipped lower in the oversupplied market, despite some comeback during the trading session. The Capesize 5 time charter average, then dropped down by $464 day-on-day to $27,309 on Tuesday, due to selling pressure during the session. The Baltic Dry Index (BDI) also slipped by 1.40% day-on-day, down 45 points to 3,179 readings, …

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ENGINE: Americas Bunker Fuel Market Update 6/7/21

ENGINE: Americas Market Update Bunker prices have mixed directions in the Americas amid a day of volatile Brent futures.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($5/mt), Zona Comun ($1/mt), and down in Houston and Los Angeles ($4/mt) and New York ($2/mt) LSMGO prices down in …

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