Category archives: Products

ENGINE: East of Suez Bunker Fuel Market Update 26/10/21

Bunker prices have moved in mixed directions in East of Suez ports in the past day, and supplies are tight in major bunkering hubs.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO price up in Fujairah ($2/mt), and down in Zhoushan and Fujairah ($9/mt)    LSMGO prices down in Zhoushan ($20/mt), …

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ENGINE: Europe & Africa Bunker Fuel Market Update 26/10/21

Bunker prices are mostly rangebound in Europe and Africa, dipping slightly with Brent.   Changes on the day to 08.00 GMT today: VLSFO prices steady in Rotterdam, and down in Gibraltar ($4/mt) and Durban ($2/mt) LSMGO prices down in Rotterdam ($6/mt), Gibraltar ($4/mt) and Durban ($2/mt) HSFO prices up in Durban ($1/mt), and down in …

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Weekly Virtual Steel Margin Report 26/10/2021

Market Verdict： – Iron ore short-run neutral to bullish. Macro Market Change and Money Movement: – The correction on both oil and coal symbolized the speculation of energy risk temporarily cooled. The headlines over weekends were contributed by the pilot version of China real estate tax came out. Major macro analysts from Asian based securities …

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Morning Tanker FFA Report 26/10/21

News Headlines: Oil drops ahead of stock data, Iran talks (Reuters) Oil prices edged lower on Tuesday after rising earlier in the day and analysts said prices were set to sustain a rally driven by strong demand in the United States, the world’s biggest consumer of oil and its products. Brent crude was down 5 …

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Oil Morning Report 26/10/21

At 10:10 am Singapore time (0210 GMT), the ICE December Brent futures contract was down 4 cents/b (0.05%) from the previous close at $85.95/b, while the NYMEX December light sweet crude contract dipped 11 cents/b (0.13%) to $83.65/b.   Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally …

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