Tag archives: FO

FIS Fuel Oil Morning Report 01/09/21

At 11:15 am Singapore time (0315 GMT), the ICE November Brent futures contract was up 57 cents/b (0.79%) from the previous close at $72.20/b, while the NYMEX October light sweet crude contract was 52 cents/b (0.75%) higher at $69.02/b.   According to estimates from S&P Global Platts Analytics, about 2.2 million b/d of Louisiana refining …

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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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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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Daily Capesize Review 27/8/21

Capesize freight rates continued to rally, amid port congestions in China and tight tonnage supply, while shipping demand improved. The Capesize 5 time charter average, then rose by $986 day-on-day to $51,099 on Friday, due to the tight basins. The Baltic Dry Index (BDI) however, inched up slightly by $40, up 0.95% day-on-day, after some …

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ENGINE: Global Physical Bunker Market Update 27/8/21

Bunker prices have recorded gains across global bunkering hubs today, tracking higher Brent crude values.   Changes in the day to 08.00 GMT today: VLSFO prices up in Rotterdam ($10/mt), Gibraltar ($9/mt), Fujairah ($8/mt), Houston ($6/mt) and Singapore ($3/mt) LSMGO prices up in Houston ($18/mt), Fujairah ($10/mt), Gibraltar ($9/mt), Rotterdam ($7/mt) and Singapore ($5/mt) HSFO380 …

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