Category archives: Fuel Oil

ENGINE: Global Physical Bunker Market Update 12/10/21

Bunker prices have moved in mixed directions today, as Brent values have been volatile throughout most of the day. Changes in the day to 08.00 GMT today:   VLSFO prices up in Rotterdam ($20/mt), Fujairah ($7/mt), Gibraltar ($6/mt), and down in Houston and Singapore ($18/mt) LSMGO prices up in Fujairah ($30/mt), Singapore ($27/mt), Gibraltar ($12/mt), …

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Daily Capesize Review 11/10/21

Capesize freight rates continued to fall amid market uncertainty and profit-taking in the paper market. The Capesize 5 time charter average, then went down by $1,143 day-on-day to $82,722 on Monday, despite good market fundamentals. The Baltic Dry Index (BDI) also dropped by $38, down 0.69% day-on-day, to $5,488, due to weakening freight rates.   …

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FIS Fuel Oil Morning Report 12/10/21

At 11 am Singapore time (0300 GMT), the ICE December Brent futures contract was down 7 cents/b (0.08%) from the previous close at $83.58/b, while the NYMEX November light sweet crude contract was 13 cents/b (0.16%) lower at $80.39/b.   Tightened US supply has supported prompt-month WTI prices and contributed to the widening backwardation of …

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ENGINE Global Physical Bunker Market Update 11/10/21

Global bunker prices are mostly up across ports today, as Brent values inched up from Friday’s levels.   Changes in the day to 08.00 GMT today:   VLSFO prices up in Singapore ($38/mt), Fujairah ($22/mt), Houston ($2/mt), and steady in Rotterdam and Gibraltar LSMGO prices up in Fujairah ($34/mt), Singapore and Gibraltar ($7/mt), Rotterdam ($3/mt), …

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