Category archives: Fuel Oil

ENGINE – Americas Bunker Fuel Market Update 5/7/21

ENGINE: Americas Market Update   Most bunker prices have come up with Brent in the Americas, while New York’s prices have run counter to broader market movements by dropping since Friday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($12/mt), Balboa ($8/mt), Houston ($5/mt) and Los …

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Daily Capesize Review 2/7/21

Capesize freight rates continued to dip after a market pullback from limited activities in the physical market. The Capesize 5 time charter average, then nosedived down by $1,494 day-on-day to $29,106 on Friday, after a choppy market. The Baltic Dry Index (BDI) also fell by 1.59% day-on-day, down 53 points to 3,285 readings, following the …

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FIS Fuel Oil Morning Report 05/07/21

At 11:32 am Singapore time (0332 GMT), the ICE September Brent crude futures contract slipped 8 cents/b (0.11%) from the previous close at $76.09/b, while the NYMEX August light sweet crude contract was down 11 cents/b (0.15%) at $75.05/b.   With the 4th July celebrations yesterday in the states and the winner of the Hotdog …

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FIS Fuel Oil Morning Report 02/07/21

At 10:26 am Singapore time (0226 GMT), the ICE September Brent futures contract was up 10 cents/b (0.13%) from the previous close at $75.94/b, while the NYMEX August light sweet crude contract was up 8 cents/b (0.11%) at $75.31/b.   Yesterday was spent frantically searching for news from the OPEC+ meeting, only to find that …

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