Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 20/7/21

Bunker prices have extended yesterday’s losses with steep drops as Brent trades close to two-month lows.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($22/mt), Singapore ($17/mt) and Fujairah ($15/mt) LSMGO prices down in Zhoushan ($22/mt), Fujairah and Singapore ($15/mt) HSFO380 prices down in Zhoushan ($16/mt) and …

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FIS Fuel Oil Morning Report 20/07/21

Brent crude gained 1 cent to $68.63 a barrel by 0412 GMT. The U.S. crude contract for August delivery, which expires later on Tuesday, was up 15 cents at $66.57 a barrel. U.S. crude for September delivery was up around 9 cents at $66.44 a barrel.   The selloff on Brent yesterday was largely triggered …

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ENGINE: Americas Bunker Fuel Market Update 19/7/21

Bunker prices have fallen sharply across the Americas as Brent has come down by nearly $3/bbl since Friday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in New York ($34/mt), Balboa ($26/mt), Los Angeles ($23/mt), Zona Comun ($12/mt) and Houston ($11/mt) LSMGO prices down in Balboa ($37/mt), Los Angeles …

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Daily Capesize Review 19/7/21

Capesize freight rates rebounded from losses amid a short week with holiday in Singapore and market concerns over cyclone development off China. The Capesize 5 time charter average, then rose by $597 day-on-day to $29,139 on Monday, after some improvement in the physical market. The Baltic Dry Index (BDI) then increased by 0.66% day-on-day, up …

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ENGINE: Europe & Africa Bunker Fuel Market Update 19/7/21

19 July 2021 Bunker prices are tracking a 1% Brent price drop down as OPEC+ is set to increase output from August.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam and Durban ($6/mt) LSMGO prices down in Rotterdam ($16/mt), Gibraltar ($14/mt) and Durban ($12/mt) HSFO prices down …

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