Category archives: Products

ENGINE: East of Suez Bunker Fuel Market Update 31/8/21

East of Suez bunker prices are up from Friday’s levels, tracking higher Brent crude values.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($9/mt), Fujairah ($6/mt) and Singapore ($4/mt) LSMGO prices up in Zhoushan ($10/mt), and steady in Fujairah and Singapore HSFO380 prices up in Zhoushan ($19/mt), …

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ENGINE: Europe & Africa Bunker Fuel Market Update 31/8/21

European and African bunker prices have come up on the back of Brent, and rough weather continues to disrupt anchorage bunkering in Algoa Bay.   Changes on the day from Friday to 08.00 GMT today: VLSFO prices up in Rotterdam ($13/mt), Gibraltar ($11/mt) and Durban ($9/mt) LSMGO prices up in Rotterdam ($18/mt), Gibraltar ($11/mt) and …

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Daily DCE Review 31/8/21

Iron ore futures reversed into losses, as market confidence took a hit from poor economic indicators in August, and extension of steel output cuts to more Chinese provinces. The futures of Dalian Commodity Exchange (DCE) for September delivery then dropped by 5% day-on-day or down RMB 42.50 to RMB 808/mt, during the day trading session …

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Morning Oil Report 31/08/21

At 10:45 am Singapore time (0245 GMT), the ICE October Brent futures contract was down 46 cents/b (0.63%) from the previous close at $72.95/b while the NYMEX October light sweet crude contract was down 41 cents/b (0.60%) at $68.80/b.   Due to the damage from torrential rain, flooding, and cyclonic winds, approximately 12% of the …

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