Category archives: Fuel Oil

FIS Fuel Oil Morning Report 07/09/21

Brent crude futures for November rose 31 cents, or 0.4%, to $72.53 a barrel by 0452 GMT, after falling 39 cents on Monday. U.S. West Texas Intermediate crude for October was at $69.14 a barrel, down 15 cents, or 0.2%, from Friday’s close, with no settlement price for Monday due to Labor Day holiday in …

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ENGINE: East of Suez Bunker Fuel Market Update 6/9/21

East of Suez bunker prices have inched down from Friday’s levels, and HSFO380 has tightened in Zhoushan.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($14/mt), Zhoushan ($12/mt) and Fujairah ($5/mt) LSMGO prices down in Fujairah ($17/mt), Zhoushan ($11/mt) and Singapore ($9/mt) HSFO380 prices up in Zhoushan …

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ENGINE: Europe & Africa Bunker Fuel Market Update 6/9/21

European and African bunker prices have been pulled down by Brent over the weekend as the futures contract has slipped from five-week intraday highs.   Changes on the day since Friday to 08.00 GMT today: VLSFO prices down in Durban ($35/mt), Rotterdam and Gibraltar ($13/mt) LSMGO prices down in Durban ($39/mt), Rotterdam ($11/mt) and Gibraltar …

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Daily Capesize Review 3/9/21

Capesize freight rates declined on slower market activities especially in the Pacific market, despite a firm Atlantic market. The Capesize 5 time charter average, then dropped by $760 day-on-day to $46,647 on Friday, amid a volatile paper market. The Baltic Dry Index (BDI) then fell by $57, down 1.42% day-on-day, to $3,944, as market sentiments …

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FIS Fuel Oil Morning Report 06/09/21

At 10:49 am Singapore time (0249 GMT), the ICE November Brent futures contract was down 99 cents (1.36%) from the previous close at $71.62/b, while the NYMEX October light sweet crude contract was down 91 cents (1.31%) at $68.38/b.   Both markers fell after US Department of Labor data released late Sept. 3 showed nonfarm …

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ENGINE: East of Suez Bunker Fuel Market Update 3/9/21

Bunker prices are rising today across East of Suez ports as Brent has gained 2% in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($11/mt), Zhoushan and Singapore ($10/mt) LSMGO prices up in Fujairah ($14/mt), Zhoushan ($13/mt) and Singapore ($12/mt) HSFO380 prices up in …

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