ENGINE: Europe & Africa Bunker Fuel Market Update 06/10/21

Bunker prices continue to rise with support from Brent in ports across Europe and Africa, and anchorage deliveries face more weather disruptions in several Mediterranean ports.   Changes on the day to 08.00 GMT today:   VLSFO prices up in Gibraltar ($14/mt), Durban ($9/mt) and Rotterdam ($1/mt) LSMGO prices up in Rotterdam ($23/mt), Gibraltar ($18/mt) …

ENGINE: Americas Bunker Fuel Market Update 05/10/21

Americas bunker prices continue to rally on OPEC+ supply restraint, and LSMGO is more expensive compared to VLSFO than it has ever been in several ports.   Changes on the day to 09.30 CST (14.30 GMT) today:   VLSFO prices up in Los Angeles ($23/mt), Houston ($14/mt), New York ($13/mt) and Balboa ($4/mt), and down …

FIS Fuel Oil Morning Report 06/10/21

At 11:25 am Singapore time (0325 GMT), the ICE December Brent futures contract was down 5 cents/b (0.06%) from the previous close at $82.51/b, while the NYMEX November light sweet crude contract was 9 cents/b (0.11%) lower at $78.84/b.   API Crude +0.951M Gas +3.682M Distillate +0.345M Cushing +1.999M   U.S. oil prices rose for …

ENGINE: East of Suez Bunker Fuel Market Update 05/10/21

Bunker prices have risen sharply on the day across East of Suez ports, tracking higher Brent after OPEC+ defied calls to mitigate the global oil supply shortage by bringing more oil back into the market.   Changes on the day to 16.00 SGT (08.00 GMT) today:   VLSFO prices up in Fujairah ($21/mt), Singapore ($18/mt) …

ENGINE: Europe & Africa Bunker Fuel Market Update 05/10/21

European and African bunker prices have surged higher on the back of Brent, after OPEC+ defied calls to mitigate the global oil supply deficit by sticking to its current output plan.   Changes on the day to 08.00 GMT today:   VLSFO prices up in Rotterdam ($23/mt) and Gibraltar ($10/mt), and steady in Durban LSMGO …