Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 27/09/21

Bunker prices have risen for another day, touching multi-month highs as Brent has surpassed $79/bbl for the first time in three years.   Changes on the day to 18.30 SGT (10.30 GMT) today:   VLSFO prices up in Zhoushan ($8/mt), Singapore ($5/mt), and steady in Fujairah LSMGO prices up in Singapore ($16/mt), Fujairah ($12/mt) and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 27/09/2021

Bunker prices continue to rally with Brent as the futures contract rises above $79/bbl for the first time in three years.   Changes on the day to 10.30 GMT today:   VLSFO prices up in Durban ($15/mt) and Rotterdam ($8/mt), and steady in Gibraltar LSMGO prices up in Rotterdam and Gibraltar ($12/mt) and Durban ($3/mt) …

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Daily Capesize Review 24/9/21

Capesize freight rates took a breather from previous bullish rally, while the market saw more supplies free from bad weather-related situations. The Capesize 5 time charter average, then went down by $374 day-on-day to $61,309 on Friday, due to some profit taking on the paper market. The Baltic Dry Index (BDI) then dropped slightly by …

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FIS Fuel Oil Morning Report 27/09/21

Brent crude was up $1.14 or 1.5% at $79.23 a barrel by 0208 GMT, having risen a third consecutive week through Friday. U.S. Oil added $1.11 or 1.5% to $75.09, its highest since July, after rising for a fifth straight week last week.   Oil prices rose for a fifth straight day on Monday with …

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ENGINE: East of Suez Bunker Fuel Market Update 24/9/21

Bunker prices are rising across East of Suez ports today, as Brent has gained more than $1/bbl on the day to trade above $77/bbl.   Changes on the day to 18.30 SGT (10.30 GMT) today: VLSFO prices up in Fujairah ($5/mt), Singapore ($3/mt), and steady in Zhoushan LSMGO prices up in Singapore ($14/mt), Fujairah ($12/mt) …

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ENGINE: Europe & Africa Bunker Fuel Market Update 24/9/21

Bunker prices are mostly rangebound across European and African bunker hubs as they resist some of Brent’s upward push, while other prices have been pulled down by lower-priced stems.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($1/mt), steady in Gibraltar, and down in Durban ($16/mt) LSMGO prices up …

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