Category archives: Fuel Oil

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

Most bunker prices in East of Suez ports continue to rise for a second day, tracking higher Brent values.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($3/mt), steady in Singapore, and down in Fujairah ($5/mt) LSMGO prices up in Zhoushan ($4/mt), steady in Fujairah, and down …

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

European and African bunker prices have moved up with Brent as three-quarters of oil production in the Gulf of Mexico remains shut in.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($4/mt) and Gibraltar ($2/mt), and steady in Rotterdam LSMGO prices up in Durban ($5/mt) and Gibraltar ($1/mt), and …

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Daily Capesize Review 8/9/21

Capesize freight rates dropped further on lower bookings, despite Brazilian miners making more fixtures but failed to support higher rates. The Capesize 5 time charter average, then dropped by $1,702 day-on-day to $40,518 on Wednesday, after a choppy market. The Baltic Dry Index (BDI) also fell by $89, down 2.40% day-on-day, to $3,618, due to …

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FIS Fuel Oil Morning Report 09/09/21

At 11:08 am Singapore time (0308 GMT), ICE November Brent futures was 23 cents/b (0.32%) higher at $72.83/b while the NYMEX October WTI contract was up 14 cents/b (0.20%) at $69.44/b.   API Crude -2.882M Cushing +1.794M Gasoline -6.414M Distillate -3.748M   In inventory news, the US commercial crude stocks declined 2.88 million barrels in …

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FIS Castaway Podcast – Episode 71 08/09/21

    FIS Castaway Podcast – Episode 71   Where will these markets go? Freight, iron ore and oil get the technical treatment, with our Senior Technical Analyst Ed Hutton in this week’s podcast.     Listen Below:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-71/   Spotify – https://open.spotify.com/episode/3q2iLyHcb4DkxZVE7BBz75?si=P1I8wE9qQs-dfiSI9AjMuw&dl_branch=1   iTunes – https://podcasts.apple.com/gb/podcast/episode-71/id1507094242?i=1000534685465           Disclaimer: This …

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ENGINE: Europe & Africa Bunker Fuel Market Update 8/9/21

Bunker prices have taken mixed directions across European and African bunkering ports in the past day, and St. Petersburg and Ust-Luga continue to price VLSFO well below Rotterdam and other ports.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Gibraltar, and down in Durban ($3/mt) and Rotterdam ($6/mt) LSMGO prices …

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