Category archives: Fuel Oil

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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FIS Fuel Oil Morning Report 11/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 78 cents/b (0.95%) from the previous close at $83.17/b, while the NYMEX November light sweet crude contract was $1.18/b (1.49%) higher at $80.53/b.   Crude oil gained amid a broader rally in the energy sector as fears of strong demand …

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Daily Capesize Review 8/10/21

Capesize freight rates fell from a selloff in the paper market, despite more shipping activities as Chinese trade participants returned from holidays. The Capesize 5 time charter average, then went down by $3,088 day-on-day to $83,865 on Friday, despite some late rebound at the market close. The Baltic Dry Index (BDI) also dropped by $124, …

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FIS Fuel Oil Morning Report 08/10/21

Good morning all. Crude oil futures rallied during mid-morning Asian trade Oct. 8, extending overnight gains, following reports that the US has no current plans to tap into the country’s oil reserves to help quell rising gasoline prices. Crude oil had come under pressure after US Energy Secretary Jennifer Granholm told the Financial times on …

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Daily Capesize Review 7/10/21

Capesize freight rates gained slightly, despite the absence of Chinese participants for long holidays celebration. The Capesize 5 time charter average, then inched up by $83 day-on-day to $86,953 on Thursday, as tight tonnage supplies continued to support freight rates. The Baltic Dry Index (BDI) also inched up by $3, up 0.05% day-on-day, to $5,650, …

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