Tag archives: FO

ENGINE: Americas Bunker Fuel Market Update 15/10/21

Most major US and Latin American bunkering locations have seen prices rise with Brent in the past day, while Houston’s VLSFO price has come off slightly.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Balboa ($9/mt), New York and Los Angeles ($8/mt) and Zona Comun ($7/mt), and down …

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FIS Fuel Oil Morning Report 18/10/21

At 10:52 am Singapore time (0235 GMT), the ICE December Brent futures contract was up 94 cents/b (1.1%) from the previous close at $85.87/b, a high not seen since October 2018. The NYMEX November light sweet crude contract rose $1.33/b (1.61%) at $83.60/b. It was last higher on October 2014.   Investors were now eyeing …

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Daily Capesize Review 15/10/21

Capesize freight rates fell in prolonged correction period with bearish market outlooks, amid moderate shipping demand. The Capesize 5 time charter average, then plunged down by $5,764 day-on-day to $64,417 on Friday, following another string of corrections. The Baltic Dry Index (BDI) extended losses and dropped by $208, down 4.11% day-on-day, to $4,854, due to …

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ENGINE: East of Suez Bunker Fuel Market Update 15/10/21

Bunker prices have risen across East of Suez ports, tracking higher Brent values.   Changes on the day to 16.00 SGT (08.00 GMT) today: • VLSFO prices up in Fujairah ($13/mt), Singapore ($11/mt) and Zhoushan ($3/mt) • LSMGO prices up in Singapore ($11/mt), Zhoushan ($9/mt) and Fujairah ($8/mt) • HSFO380 prices up in Fujairah ($7/mt), …

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ENGINE: Europe & Africa Bunker Fuel Market Update 15/10/21

Bunker prices are mostly moving up with Brent across Europe and Africa, and Gibraltar’s prices have received extra support from tight availability.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar ($20/mt), Rotterdam ($10/mt) and Durban ($7/mt) LSMGO prices up in Gibraltar ($25/mt) and Rotterdam ($9/mt), and down in Durban …

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Oil Morning Report 15/10/21

At 10:25 am Singapore time (0225 GMT), the ICE December Brent futures contract was up 49 cents/b (0.58%) from the previous close at $84.49/b, while the NYMEX November light sweet crude contract was 42 cents/b (0.52%) higher at $81.73/b.   EIA week ending 10/8 Crude oil: +6.1M Gasoline: -2.0M Distillates: NC Refiner utilz: 86.7% Impld …

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Daily Capesize Review 14/10/21

Capesize freight rates extended losses with market selloff over prolonged period, amid bearish market sentiments. The Capesize 5 time charter average, then fell by $4,359 day-on-day to $70,181 on Thursday, following market selloff for sixth consecutive trading day. The Baltic Dry Index (BDI) continued to slip by $144, down 2.77% day-on-day, to $5,062, due to …

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