Category archives: Products

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

East of Suez bunker prices have come down with Brent crude on the day, and bunkering has resumed in Zhoushan and Yellow Sea ports in China.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($20/mt), Zhoushan ($12/mt) and Singapore ($10/mt) LSMGO prices down in Fujairah ($24/mt), Singapore …

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

European and African bunker prices have slumped with Brent amid signals of more US supply to the market.   Changes on the day to 08.00 GMT today: VLSFO prices down in Durban ($33/mt), Rotterdam ($25/mt) and Gibraltar ($20/mt) LSMGO prices down in Gibraltar ($28/mt), Durban ($25/mt) and Rotterdam ($23/mt) HSFO prices down in Rotterdam ($19/mt) …

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Daily Capesize Review 10/11/21

Capesize freight rates recovered further due to better shipping demand in the Pacific market, despite lengthy ballast list in the Atlantic basin. The Capesize 5 time charter average, then rose by $1,624 day-on-day to $32,099 on Wednesday, despite a choppy session. The Baltic Dry Index (BDI) then rose by $56, up by 2% day-on-day, to …

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Daily DCE Review 11/11/21

Iron ore futures rebounded from recent losses, which previously brought the index to a one year low this week, due to the off-peak steel demand season. The futures of Dalian Commodity Exchange (DCE) for January delivery then rose by 6.84% day-on-day or up RMB 36.50 to RMB 570.50/mt, during the day trading session on Thursday. …

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Morning Oil Report 11/11/21

At 11 am Singapore time (0300 GMT), the ICE January Brent futures contract was up 12 cents/b (0.15%) from the previous close at $82.76/b, while the NYMEX December light sweet crude contract rose 13 cents/b (0.16%) at $81.47/b.   EIA week ending 11/5 Crude oil: +1.0M Gasoline: -1.6M Distillates: -2.6M Refiner utilz: 86.7% Impld mogas …

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Tanker FFA Morning Report 11/11/21

News Headlines:   Oil prices steady after falling on signs U.S. may release more reserves (Reuters) Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices. …

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