Tag archives: FO

ENGINE: Europe & Africa Bunker Fuel Market Update 20/7/21

Bunker prices are down for a second day in European and African ports as Brent remains close to two-month lows.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($20/mt), Durban ($5/mt) and Gibraltar ($3/mt) LSMGO prices down in Rotterdam ($15/mt), Gibraltar ($6/mt) and Durban ($5/mt) HSFO prices down in …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 20/7/21”

FIS Fuel Oil Morning Report 20/07/21

Brent crude gained 1 cent to $68.63 a barrel by 0412 GMT. The U.S. crude contract for August delivery, which expires later on Tuesday, was up 15 cents at $66.57 a barrel. U.S. crude for September delivery was up around 9 cents at $66.44 a barrel.   The selloff on Brent yesterday was largely triggered …

Continue reading “FIS Fuel Oil Morning Report 20/07/21”

Daily DCE Review 20/7/21

Iron ore futures closed higher on Tuesday, recovering from the slump yesterday, due to the extended supply tightness situation. The futures of Dalian Commodity Exchange (DCE) for September delivery then went up slightly by 0.28% day-on-day or RMB 3.50 to RMB 1,233/mt during the day trading session on Tuesday. The rebar futures, however inched down …

Continue reading “Daily DCE Review 20/7/21”

ENGINE: Americas Bunker Fuel Market Update 19/7/21

Bunker prices have fallen sharply across the Americas as Brent has come down by nearly $3/bbl since Friday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in New York ($34/mt), Balboa ($26/mt), Los Angeles ($23/mt), Zona Comun ($12/mt) and Houston ($11/mt) LSMGO prices down in Balboa ($37/mt), Los Angeles …

Continue reading “ENGINE: Americas Bunker Fuel Market Update 19/7/21”

Daily Capesize Review 19/7/21

Capesize freight rates rebounded from losses amid a short week with holiday in Singapore and market concerns over cyclone development off China. The Capesize 5 time charter average, then rose by $597 day-on-day to $29,139 on Monday, after some improvement in the physical market. The Baltic Dry Index (BDI) then increased by 0.66% day-on-day, up …

Continue reading “Daily Capesize Review 19/7/21”

ENGINE: East of Suez Bunker Fuel Market Update 19/7/21

East of Suez bunker prices have dropped further from Friday’s levels, as Brent crude values have come under pressure.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($11/mt), Singapore ($8/mt) and Fujairah ($5/mt) LSMGO prices down in Zhoushan ($15/mt), Fujairah and Singapore ($8/mt) HSFO380 prices down in …

Continue reading “ENGINE: East of Suez Bunker Fuel Market Update 19/7/21”

ENGINE: Europe & Africa Bunker Fuel Market Update 19/7/21

19 July 2021 Bunker prices are tracking a 1% Brent price drop down as OPEC+ is set to increase output from August.   Changes on the day to 08.00 GMT today: VLSFO prices down in Gibraltar ($16/mt), Rotterdam and Durban ($6/mt) LSMGO prices down in Rotterdam ($16/mt), Gibraltar ($14/mt) and Durban ($12/mt) HSFO prices down …

Continue reading “ENGINE: Europe & Africa Bunker Fuel Market Update 19/7/21”