Tag archives: FO

Morning Fuel Oil Report 17/08/21

Morning Oil Report   At 11:20 am Singapore time (0320 GMT), the October ICE Brent futures contract was up 4 cents/b (0.06%) from the previous close at $69.55/b, while the NYMEX September light sweet crude contract was 8 cents/b (0.12%) higher at $67.37/b.   Despite the global resurgence of COVID-19, Wall Street investment banks are …

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ENGINE: Global Bunker Fuel Market Update 16/08/21

ENGINE: Global Market Update   Global bunker prices have dropped across ports, down from Friday’s levels and tracking lower Brent crude values.   Changes in the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($18/mt), Fujairah ($12/mt), Houston ($11/mt), Singapore ($9/mt) and Gibraltar ($7/mt) LSMGO prices down in Fujairah ($21/mt), Singapore ($13/mt), Rotterdam …

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Daily Capesize Review 13/8/21

Capesize freight rates continued to hike on better market activities with strong showing from the Atlantic basins. The Capesize 5 time charter average, then rose by $1,309 day-on-day to $39,526 on Friday, due improving freight rates. The Baltic Dry Index (BDI) also hiked up over decade level at 3,566, up 1.80% day-on-day, after a string …

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Morning Fuel Oil Report 16/08/21

Morning Oil Report   At 10:51 am Singapore time (0251 GMT), the ICE October Brent futures contract was down 80 cents/b (1.13%) from the previous close at $69.79/b, while the NYMEX September light sweet crude contract similarly fell 77 cents/b (1.13%) at $67.67/b.   Yet again, oil has fallen from the end of Friday’s trading …

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Daily Capesize Review 12/8/21

Capesize freight rates rose on bullish market sentiments as key routes spotted better gains on active market. The Capesize 5 time charter average, then rose by $1,863 day-on-day to $38,217 on Thursday, due improving freight rates. The Baltic Dry Index (BDI) also hiked up 2.73% day-on-day, or 93 points to 3,503 readings, due to better …

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Morning Fuel Oil Report 13/08/21

Morning Oil Report   Brent crude was down 49 cents, or 0.7%, at $70.82 a barrel by 0507 GMT, after dropping 13 cents in the previous session. U.S. crude was off by 53 cents, or 0.8%, at $68.56 a barrel, having fallen 0.2% on Thursday. The benchmarks are still heading for a slight gain this …

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ENGINE: Global Bunker Fuel Market Update 12/08/21

ENGINE: Global Bunker Fuel Market Update Global bunker prices have mostly made moderate gains alongside Brent, while Zhoushan’s HSFO380 price has shot up amid tight availability.   Changes on the day to 08.00 GMT today: VLSFO prices up Singapore, Fujairah and Houston ($5/mt) and Rotterdam ($3/mt), and down in Gibraltar ($1/mt) LSMGO prices up in …

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