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 …

ENGINE: Europe & Africa Bunker Fuel Market Update 8/7/21

Bunker prices are sharply down in Europe and Africa as Brent sheds more than 3% on the day.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam ($12/mt) and Durban ($4/mt) LSMGO prices down in Gibraltar ($16/mt), Rotterdam ($15/mt) and Durban ($5/mt) HSFO prices up down in Rotterdam …

ENGINE: East of Suez Bunker Fuel Market Update 7/721

East of Suez Bunker Fuel Market Update East of Suez bunker prices are sharply down with Brent on the day, erasing yesterday’s gains.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($21/mt), Fujairah ($20/mt) and Zhoushan ($19/mt) LSMGO prices down in Fujairah ($29/mt), Zhoushan ($24/mt) and Singapore …

FIS Castaway Podcast – Episode 62 – Base Metals Special 07/07/21

    FIS Castaway Podcast – Episode 62 – Base Metals Special   This week is all about that base. Nick McClements talks about the base metal market after we explore the freight, iron ore and freight markets.     Listen Below:   Website https://freightinvestorservices.com/blog/fis-castaway-eps-62/   Spotify https://open.spotify.com/episode/4P2aKjAvILf6mZgg5mVnCB?si=DnG88hz7TUieXD00SIp1eA&dl_branch=1   iTunes https://podcasts.apple.com/gb/podcast/episode-62-base-metals-special/id1507094242?i=1000528109462       Disclaimer: This podcast …

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

ENGINE: Europe & Africa Bunker Fuel Market Update   European and African bunker prices have largely reversed yesterday’s sharp gains by tracking tumbling Brent futures down from multi-year highs.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($20/mt), Gibraltar ($16/mt) and Rotterdam ($11/mt) LSMGO prices down in Gibraltar ($20/mt), …