Category archives: Fuel Oil

ENGINE: East of Suez Bunker Fuel Market Update 29/7/21

East of Suez bunker price movements have been mixed amid a $0.50/bbl Brent gain in the past day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($10/mt) and Fujairah ($3/mt), and down in Singapore ($3/mt) LSMGO prices up in Zhoushan ($10/mt), Fujairah ($5/mt) and Singapore ($4/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 29/7/21

Bunker prices have made fresh gains in Europe and Africa, and rough weather is set to disrupt bunkering in Las Palmas and Algoa Bay until next week.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($11/mt), Gibraltar ($6/mt) and Rotterdam ($5/mt) LSMGO prices up in Durban ($9/mt), Gibraltar ($7/mt) …

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Daily Capesize Review 28/7/21

Capesize freight rates moved flatly with some improvement in the physical market, which led some trade participants to believe that the market had found the bottom. The Capesize 5 time charter average, then dipped slightly by $24 day-on-day to $31,856 on Wednesday, despite increase of shipping activities in the physical market. The Baltic Dry Index …

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FIS Fuel Oil Morning Report 29/07/21

Brent crude oil futures gained 36 cents, or 0.5%, to $75.10 a barrel by 0247 GMT, while U.S. West Texas Intermediate (WTI) crude oil futures increased by 33 cents, or 0.5%, to $72.72 a barrel.   EIA week ending 7/23 Crude oil: -4.1M Gasoline: -2.3M Distillates: -3.1M Refiner utilz: 91.1% Impld mogas demand: 9.33 Mbpd …

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ENGINE: Americas Bunker Fuel Market Update 28/7/21

Bunker prices are mostly rangebound in the Americas, while tight HSFO380 supply in Houston has pushed its price to premiums over a range of other regional ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($3/mt) and Zona Comun ($1/mt), and down in Houston ($8/mt), Balboa …

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