Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 4/8/21

Bunker prices have mostly gained in East of Suez in the past day, recovering some of the sharp losses made under pressure from tumbling Brent values at the beginning of the week.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah ($4/mt) and Singapore ($3/mt), and down in …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 4/8/21”

Daily Capesize Review 3/8/21

Capesize freight rates improved with more shipping activities, though there were oversupply concerns among trade participants. The Capesize 5 time charter average, then dipped by $213 day-on-day to $35,216 on Tuesday, after showing signs of improvement. The Baltic Dry Index (BDI) also went down slightly by 0.03% day-on-day, or 1 point to 3,281 readings, despite …

Continue reading “Daily Capesize Review 3/8/21”

ENGINE: Americas Bunker Fuel Market Update 3/8/21

Bunker prices are mostly rangebound in the Americas, but some values have tracked tumbling Brent futures further down, and others have gained to recover some of the heavy losses made in the previous session.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($16/mt), Houston ($4/mt) and …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 3/8/21”

FIS Fuel Oil Morning Report 04/08/21

Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel, as of 0129 GMT. U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.5%, to $70.23 a barrel. Both futures fell on Tuesday to their lowest since July 21 before regaining some ground by the close.   The United States and …

Continue reading “FIS Fuel Oil Morning Report 04/08/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 3/8/21

European bunker prices are mostly down with Brent, while South African prices have gained in the past day.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($7/mt), and down in Gibraltar ($7/mt) and Rotterdam ($2/mt) LSMGO prices up in Durban ($3/mt), and down in Gibraltar ($10/mt) and Rotterdam ($7/mt) …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 3/8/21”

ENGINE: East of Suez Bunker Fuel Market Update 3/8/21

Bunker prices are mostly down with Brent in East of Suez ports as the futures contract slumps further, and South Korean suppliers continue to price VLSFO at regional discounts.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($4/mt), and down in Singapore ($11/mt) and Fujairah ($5/mt) LSMGO …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 3/8/21”