Category archives: Products

ENGINE: Americas Bunker Fuel Market Update 9/11/21

Americas bunker prices have traded higher with Brent, and Houston’s prices have gained against several other key ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($27/mt), Los Angeles ($16/mt), Zona Comun ($11/mt), New York ($7/mt) and Balboa ($5/mt) LSMGO prices up in Houston ($32/mt), New York …

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ENGINE: East of Suez Bunker Fuel Market Update 9/11/21

East of Suez fuel prices are mostly down with Brent crude, and bunkering has resumed with calmer weather conditions in Shanghai.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($13/mt), Fujairah ($2/mt) and Singapore ($1/mt) LSMGO prices down in Zhoushan ($22/mt), Fujairah ($20/mt) and Singapore ($2/mt) HSFO380 …

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ENGINE: Europe & Africa Bunker Fuel Market Update 9/11/21

European and African bunker prices are mostly rangebound amid steady Brent levels, and the upward pressure on Gibraltar’s VLSFO price could have eased after recent supply disruptions.   Changes on the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($7/mt) and Durban ($4/mt), and down in Gibraltar ($5/mt) LSMGO prices up in Durban …

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Tanker FFA Morning Report 9/11/21

News Headlines:   Oil steady amid rosier outlook for global economy, fuel demand (Reuters) Oil prices were steady on Tuesday after two straight sessions of gains as the passage of a U.S. infrastructure bill, strong Chinese exports and the global post-pandemic recovery lifted the outlook for fuel demand. Brent crude was down 2 cents at …

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Morning Oil Report 9/11/21

At 10:11 am Singapore time (0211 GMT), the ICE January Brent futures contract was up 11 cents/b (0.13%) from the previous close at $83.54/b, while the NYMEX December light sweet crude contract was similarly up 11 cents/b (0.13%) at $82.04/b.   US Energy Secretary Jennifer Granholm said Nov. 8 that US President Joe Biden might …

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Daily Capesize Review 8/11/21

Capesize freight rates continued to book gains with improving demand in the Pacific amid thin trading activity. The Capesize 5 time charter average, then inched up by $815 day-on-day to $28,014 on Monday, recovering from recent corrections. The Baltic Dry Index (BDI) reflected the freight improvement with hike of $3, up slightly by 0.11% day-on-day, …

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Daily DCE Review 9/11/21

Iron ore futures dipped at the close, despite a strong comeback from morning session slump, amid bearish market sentiments over low steel demand and margins. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched down by 0.97% day-on-day or down RMB 5.50 to RMB 561/mt, during the day trading session on Tuesday. …

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