Category archives: Products

ENGINE: East of Suez Bunker Fuel Market Update 19/10/21

East of Suez bunker prices have come down from multi-month highs under pressure from declining Brent values, and while VLSFO remains tight in Singapore, its price has dipped further below those in regional ports.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Singapore ($21/mt), Fujairah ($12/mt) and Zhoushan …

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ENGINE: Europe & Africa Bunker Fuel Market Update 19/10/21

Bunker prices have dipped from multi-year highs in Rotterdam and Gibraltar, and rough weather could hamper anchorage bunkering in the Gibraltar Strait today.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($4/mt), and down in Rotterdam ($12/mt) and Gibraltar ($10/mt) LSMGO prices up in Gibraltar ($2/mt), and down in …

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Daily DCE Review 19/10/21

Iron ore futures rebounded from recent losses, due to lower shipments from miners based in Australia and Brazil. The futures of Dalian Commodity Exchange (DCE) for January delivery then inched up slightly by 0.07% day-on-day or up RMB 0.50 to RMB 707/mt, during the day trading session on Tuesday. The rebar futures also rose by …

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FIS Morning Report Tanker FFA 19 -10-21

News Headlines: OIL DAYBOOK EUROPE: Energy Crisis Boosts Asian Refiner Profits The global energy crunch is making winners out of oil refiners in Asia as the shortage of gas and coal sparks a rush to secure alternative supplies, lifting industry margins in a revival that’ll stretch into next year. * OIL FUTURES: Oil Steadies Near …

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Oil Morning Report 19/10/21

At 10:30 am Singapore time (0230 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at $84.29/b, while the NYMEX November light sweet crude contract fell 5 cents/b (0.06%) at $82.39/b.   OPEC+ misses target again, as some members struggle to raise oil output.   **VLSFO strengthens amid …

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