Category archives: Fuel Oil

FIS Fuel Oil Morning Report 23/07/21

Brent crude settled at $73.79 a barrel, up $1.56, or 2.2%, while U.S. West Texas Intermediate (WTI) settled at $71.91 a barrel, rising $1.61, or 2.3%.   Over the past few days, oil has been recovering losses from the 7%+ drop that happened earlier in the week. The downtick in prices during the morning trade …

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ENGINE: East of Suez Bunker Fuel Market Update 22/7/21

East of Suez bunker prices have extended yesterday’s gain as Brent rises by more than $2/bbl on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($17/mt), Zhoushan ($13/mt) and Singapore ($11/mt) LSMGO prices up in Fujairah ($26/mt), Singapore ($8/mt) and Singapore ($10/mt) HSFO380 prices up …

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ENGINE: Europe & Africa Bunker Fuel Market Update 22/7/21

Most European and African bunker prices have mostly caught a ride upwards with Brent, while Gibraltar’s prices have dipped to regional discounts.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($17/mt) and Rotterdam ($13/mt), and down in Gibraltar ($2/mt) LSMGO prices up in in Durban ($20/mt) and Rotterdam ($17/mt), …

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Daily Capesize Review 21/7/21

Capesize freight rates continued to improve with better physical market, though there were market concern over the development of Typhoon In-fa and its impacts on shipping activities. The Capesize 5 time charter average, then inched up by $64 day-on-day to $29,135 on Tuesday, with some improvement in the physical market. The Baltic Dry Index (BDI) …

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Castaway Podcast – Episode 64 22/07/21

    FIS Castaway Podcast – Episode 64 – Ferts Special     We hop into the world of Ferts with our Aussie broker Andrew Manna walking us through this growing market, alongside our usual discussion on Freight, Iron ore and Oil.   Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-64/   Spotify https://open.spotify.com/episode/0SVBJEFxmjagzIv011IZ8x?si=dvE08oTzQKCHA0qaGOIhqA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-64-ferts-special/id1507094242?i=1000529571701       …

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FIS Fuel Oil Morning Report 22/07/21

At 10:44 am Singapore time (0244 GMT), the ICE September Brent futures contract was down 28 cents/b (0.39%) from the previous close at $71.95/b, while the NYMEX September light sweet crude contract was down 23 cents/b (0.33%) at $70.07/b.   EIA week ending 7/16 Crude oil: +2.1M Gasoline: -0.1M Distillates: -1.3M Refiner utilz: 91.4% Impld …

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

Americas bunker prices have made fresh gains on the back of a 3% Brent jump.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($27/mt), Zona Comun ($24/mt), New York ($21/mt), Balboa ($20/mt) and Houston ($17/mt) LSMGO prices up in Zona Comun ($31/mt), Los Angeles ($29/mt), Balboa …

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