Category archives: Fuel Oil

Daily Capesize Review 2/8/21

Capesize freight rates had a quiet start to the new month, though market sentiments remained positive at the aftermath of typhoon conditions. The Capesize 5 time charter average, then dipped by $284 day-on-day to $35,429 on Monday, with a typical quiet start for the week. The Baltic Dry Index (BDI) also went down by 0.30% …

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FIS Fuel Oil Morning Report 03/08/21

At 10:43 am Singapore time (0243 GMT), the ICE October Brent futures contract was up 9 cents/b (0.12%) from the previous close at $72.98/b, while the NYMEX September light sweet crude contract was 13 cents/b (0.18%) higher at $71.39/b.   Crude oil futures lost over 3% yesterday as the market saw some heavy selling towards …

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ENGINE: Americas Bunker Fuel Market Update

Prices are sharply down across bunker fuel grades in the Americas, and availability has tightened further in Zona Comun.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices down in Zona Comun ($27/mt), New York ($23/mt), Los Angeles ($21/mt), Balboa ($15/mt) and Houston ($13/mt)   LSMGO prices down in Los …

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ENGINE: Europe & Africa Bunker Fuel Market Update

European and African bunker prices are down from Friday’s highs, and rough weather has delayed some bunker deliveries in Gibraltar and Las Palmas.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam and Durban ($11/mt) and Gibraltar ($4/mt) LSMGO prices down in Durban ($15/mt), Rotterdam ($7/mt) and Gibraltar ($6/mt) HSFO …

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ENGINE: East of Suez Bunker Fuel Market Update 02/08/21

Bunker prices have come down with Brent across East of Suez ports, and Singapore’s VLSFO price has moved to wider premiums over regional bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices down in Zhoushan ($11/mt), Fujairah ($9/mt) and Singapore ($8/mt)   LSMGO prices down in Singapore ($13/mt), …

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FIS Fuel Oil Morning Report 02/08/21

At 10:55 am Singapore time (0255 GMT), the ICE October Brent futures contract was down $1.08/b (1.43%) from the previous close at $74.33/b, while the NYMEX September light sweet crude contract was 96 cents/b (1.30%) lower at $72.99/b.   The ever present threat of the Coronavirus is still clear to see as many Asian countries …

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