Category archives: Fuel Oil

ENGINE: Europe & Africa Bunker Fuel Market Update 15/10/21

Bunker prices are mostly moving up with Brent across Europe and Africa, and Gibraltar’s prices have received extra support from tight availability.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($20/mt), Rotterdam ($10/mt) and Durban ($7/mt) LSMGO prices up in Gibraltar ($25/mt) and Rotterdam ($9/mt), and down in Durban …

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Oil Morning Report 15/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 49 cents/b (0.58%) from the previous close at $84.49/b, while the NYMEX November light sweet crude contract was 42 cents/b (0.52%) higher at $81.73/b.   EIA week ending 10/8 Crude oil: +6.1M Gasoline: -2.0M Distillates: NC Refiner utilz: 86.7% Impld …

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Daily Capesize Review 14/10/21

Capesize freight rates extended losses with market selloff over prolonged period, amid bearish market sentiments. The Capesize 5 time charter average, then fell by $4,359 day-on-day to $70,181 on Thursday, following market selloff for sixth consecutive trading day. The Baltic Dry Index (BDI) continued to slip by $144, down 2.77% day-on-day, to $5,062, due to …

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ENGINE: Global Physical Bunker Market Update 14/10/21

Global bunker prices have moved in mixed directions across ports today, as Brent values have inched up by 1%. Changes in the day to 08.00 GMT today:   VLSFO prices down in Gibraltar ($6/mt), Houston ($3/mt), Rotterdam ($2/mt) and up Fujairah ($6/mt) and Singapore ($5/mt) LSMGO prices down in Gibraltar ($4/mt), Houston ($2/mt), Singapore ($1/mt) …

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Daily Capesize Review 13/10/21

Capesize freight rates continued to decline on bearish market sentiments upon market uncertainty over demand. The Capesize 5 time charter average, then slid by $4,995 day-on-day to $74,540 on Wednesday, following an extended selloff session. The Baltic Dry Index (BDI) also dropped by $172, down 3.20% day-on-day, to $5,206, due to weakening freight rates.   …

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FIS Fuel Oil Morning Report 14/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 9 cents/b (0.11%) from the previous close at $83.27/b, while the NYMEX November light sweet crude contract was 5 cents/b (0.06%) higher at $80.49/b.   API Crude +5.213MM Gasoline -4.575MM Distillate -2.707MM Cushing -2.275MM   US crude inventories rose 5.2 …

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