Category archives: Fuel Oil

Daily Capesize Review 10/9/21

Capesize freight rates rebounded from previous losses, with better offers that supported the market fundamentals for the bullish market. The Capesize 5 time charter average, then dropped by $5,021 day-on-day to $46,172 on Friday, as market confidence improved over shipping demand amid tight tonnage. The Baltic Dry Index (BDI) then rose by $221, up 6.07% …

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FIS Fuel Oil Morning Report 13/09/21

At 11:25 am Singapore time (0325 GMT), ICE November Brent futures was 43 cents/b (0.59%) higher at $73.35/b while the NYMEX October WTI contract was up 45 cents/b (0.65%) at $70.17/b.   US oil industry struggles to get back on its feet following Hurricane Ida. More than 1m b/d of capacity are still offline, nearly …

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ENGINE: East of Suez Bunker Fuel Market Update 10/9/21

East of Suez bunker prices have moved moderately in mixed directions amid steady Brent values in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($1/mt), and steady in Singapore and Zhoushan LSMGO prices up in Fujairah, and down in Zhoushan and Singapore ($3/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 10/9/21

Bunker prices are mostly rangebound amid steady Brent values in the past day, and bunkering remains suspended in Algoa Bay.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($5/mt), and down in Rotterdam ($9/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam ($5/mt), Durban ($3/mt) and Gibraltar ($1/mt) HSFO …

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ENGINE: Americas Bunker Fuel Market Update 9/9/21

Bunker fuel prices in the Americas have moved in different directions for a second day, without a clear direction from Brent.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Los Angeles ($21/mt), Houston ($12/mt) and Zona Comun ($2/mt), and down in Balboa ($10/mt) and New York ($5/mt) LSMGO …

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