ENGINE: Americas Bunker Fuel Market Update 15/9/21

A $2/bbl Brent rally has sent bunker prices up across the board in the Americas, and port operations have normalised in the Houston area.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($18/mt), New York ($17/mt), Los Angeles ($15/mt), Houston ($14/mt) and Balboa ($12/mt) LSMGO prices …

FIS Fuel Oil Morning Report 16/09/21

At 11 am Singapore time (0300 GMT), the ICE November Brent futures contract was up 28 cents/b (0.37%) from the previous close at $75.74/b while the NYMEX October light sweet crude contract rose 26 cents/b (0.36%) at $72.87/b.   EIA week ending 9/10 Crude oil: -6.4M Gasoline: -1.9M Distillates: -1.7M Refiner utilz: 82.1% Impld mogas …

ENGINE: Europe & Africa Bunker Fuel Market Update 15/9/21

European and African bunker prices have ticked up alongside Brent, and Algoa Bay bunkering has been suspended since yesterday.   Changes on the day to 08.00 GMT today: VLSFO prices up in Gibraltar and Durban ($4/mt), and down in Rotterdam ($1/mt) LSMGO prices up in Rotterdam ($6/mt), Gibraltar and Durban ($3/mt) HSFO prices up in …

ENGINE: East of Suez Bunker Fuel Market Update 15/9/21

Bunker prices have seen small gains across East of Suez ports in the past day, and Typhoon Chanthu has also suspended bunkering in South Korea and Japan.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Fujairah and Zhoushan ($4/mt) and Singapore ($1/mt) LSMGO prices up in Fujairah ($5/mt) …

Daily Capesize Review 14/9/21

Capesize freight rates continued to march onward with gains as typhoon related weathers caused disruption in shipping schedules. The Capesize 5 time charter average, then rose by $784 day-on-day to $53,692 on Tuesday, as market slowed down after a huge daily spike in previous session. The Baltic Dry Index (BDI) then rose by $58, up …

FIS Fuel Oil Morning Report 15/09/21

At 10:25 am Singapore time (0225 GMT), the ICE November Brent futures contract was up 28 cents/b (0.38%) from the previous settle at $73.88/b, while the NYMEX October WTI contract was 30 cents/b (0.43%) higher at $70.76/b.   API Crude -5.437M Cushing -1.345M Gasoline -2.761M Distillate -2.888M   Around 720,217 b/d or 39.6% of Gulf …