Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 12/7/21

East of Suez bunker prices are mostly up from Friday’s levels, tracking higher Brent values.     Changes on the day from Friday to 16.00 SGT (08.00 GMT) today:  VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($7/mt), and down in Singapore ($1/mt)   LSMGO prices up in Singapore ($6/mt), Singapore and Zhoushan ($3/mt)   HSFO380 prices up in Fujairah ($5/mt) and Singapore …

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ENGINE: Europe & Africa Bunker Fuel Market Update 12/7/21

European and African bunker prices have edged up over the weekend, and outer anchorage bunkering is possible in Las Palmas again with calmer weather.    Changes on the day to 08.00 GMT today:  VLSFO prices up in Gibraltar ($5/mt) and Rotterdam ($2/mt), and down in Durban ($1/mt)  LSMGO prices up in Gibraltar ($4/mt) and Durban …

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Daily Capesize Review 9/7/21

Capesize freight rates recovered from recent slump and drove up on better Atlantic basins, while market slowed down in the Pacific basin. The Capesize 5 time charter average, then increased by $712 day-on-day to $30,972 on Friday, after some improvement in the trading session. The Baltic Dry Index (BDI) also rose slightly by 0.58% day-on-day, …

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FIS Fuel Oil Morning Report 12/07/21

At 10:30 am Singapore time (0230 GMT), the ICE September Brent futures contract was down 11 cents/b (0.15%) from the previous close at $75.44/b while the NYMEX August light sweet crude contract was down 8 cents/b (0.11%) at $74.48/b.   After failing to ratify production increases from the rest of the year, the OPEC group …

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FIS Fuel Oil Morning Report 09/07/21

At 11:15 am Singapore time (0315 GMT), the ICE September Brent futures contract was up 5 cents/b (0.07%) from the previous close at $74.17/b, while the NYMEX August light sweet crude contract was up 14 cents/b (0.19%) at $73.08/b.   EIA (wk ending 2 July) Crude: -6.866M Cushing: -0.614M Gasoline: -6.076M Distillates: 1.616M   Data …

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