Category archives: Fuel Oil

ENGINE: Global Bunker Fuel Market Update 11/08/21

Global bunker prices have mixed direction as Brent values steady after big fluctuations at the start of the week.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Houston ($6/mt), and down in Singapore ($13/mt), Fujairah ($7/mt) and Rotterdam ($4/mt) LSMGO prices up in Gibraltar ($7/mt), Singapore ($6/mt) and …

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Daily Capesize Review 10/8/21

Capesize freight rates dipped on thin market activities with a short trading week, due to public holidays in Japan and Singapore. The Capesize 5 time charter average, then dropped by $114 day-on-day to $35,895 on Tuesday, despite some improvement in the physical market. The Baltic Dry Index (BDI) moved flatly and inched up slightly by …

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Fuel Oil Morning Report 11/08/21

Morning Oil Report   At 9:46 am Singapore time (0147 GMT), the ICE October Brent futures contract was up 2 cents/b (0.03%) from the previous close at $70.65/b, while the NYMEX September light sweet crude contract was unchanged over the same period at $68.29/b.   API Crude -0.816M Cushing -0.413M Gasoline -1.114M Distillate +0.673M   …

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ENGINE: Global Bunker Fuel Market Update 10/8/21

Global bunker prices have surged with Brent as the futures contract bounced back by nearly $2/bbl to make it above $70/bbl again.   Changes on the day to 08.00 GMT today: VLSFO prices up in Singapore ($26/mt), Gibraltar ($25/mt), Fujairah ($22/mt), Rotterdam ($12/mt) and Houston ($1/mt) LSMGO prices up in Fujairah ($38/mt), Gibraltar ($23/mt), Rotterdam …

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Oil Morning Report 10/08/21

Morning Oil Report   At 11:18 am Singapore time (0318 GMT), the ICE October Brent futures contract was up 18 cents/b (0.26%) from the previous close at $69.22/b, while the NYMEX September light sweet crude contract was 36 cents/b (0.54%) higher at $66.84/b.   Front month Brent fell by over 4% yesterday in the European …

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ENGINE: Global Bunker Fuel Market Update 9/8/21

Global bunker prices are sharply down with Brent amid concerns over dented Chinese fuel demand, and a stronger US dollar.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($21/mt), Rotterdam ($19/mt), Singapore and Fujairah ($15/mt) and Houston ($1/mt) LSMGO prices down in Singapore and Gibraltar ($27/mt), Rotterdam ($25/mt), Fujairah …

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Oil Morning Report 9/8/21

  Brent crude futures slid by $1.27, or 1.8%, to $69.43 a barrel by 0434 GMT, after having slumped 6% last week, their biggest weekly loss in four months. U.S. West Texas Intermediate (WTI) crude futures fell $1.29, or 1.9%, to $66.99 a barrel, after having slumped nearly 7% last week in their steepest weekly …

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