Fuel Oil Morning Report 21/09/21

At 10:57 am Singapore time (0257 GMT), the ICE November Brent futures contract was up 62 cents/b (0.84%) from the previous close at $74.54/b, while the NYMEX October light sweet crude contract rose 64 cents/b (0.91%) to $70.93/b.   Analysts have said that higher gas prices spurred by the tightness in the European gas market …

ENGINE: Americas Bunker Fuel Market Update 20/9/21

Most prices are down across bunkering ports in the Americas, and weather disruptions are expected to halt deliveries in Zona Comun until tomorrow.   Changes on the day from Friday, to 09.30 CST (14.30 GMT) today: VLSFO prices up in Houston ($16/mt), and down in Los Angeles ($18/mt), Zona Comun ($7/mt), Balboa ($4/mt) and New …

Morning Tanker Report 20/9/21

News Headlines: Oil down on stronger greenback, rising U.S. rig count (Reuters) Oil prices dropped on Monday, extending last week’s losses after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output stayed offline in the wake of two hurricanes.   …