Tag archives: FO

Oil Morning Report 4/11/21

NYMEX December WTI settled $3.05 lower at $80.86/b and ICE January Brent declined $2.73 to $81.99/b.   EIA week ending 10/29 Crude oil: +3.3M Gasoline: -1.5M Distillates: +2.2M Refiner utilz: 86.3% Impld mogas demand: 9.50Mbpd   The crude build was largely in line with recent market expectations. American Petroleum Institute data released late Nov. 2 …

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ENGINE: Americas Bunker Fuel Market Update 3/11/21

Americas bunker prices have been pushed down by declining Brent values after US crude stocks grew by more than expected.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices down in Balboa ($12/mt), Los Angeles and Zona Comun ($10/mt), New York ($4/mt) and Houston ($2/mt) LSMGO prices down in New York …

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Castaway Podcast Ep. 78

Freight and ferrous have fallen off a cliff this week, so we invited Holly Birkett from Tradewinds to discuss what’s been going on in the commodity markets this past week.   Click Below to Listen:   Website – https://freightinvestorservices.com/blog/fis-castaway-eps-78/   Spotify – https://open.spotify.com/episode/6fAzj6r9iPxU7Uy7ObSPm6?si=542m_BNOQm2Me-8QDAaPDA   iTunes – https://podcasts.apple.com/gb/podcast/episode-78/id1507094242?i=1000540622606

ENGINE: Europe & Africa Bunker Fuel Market Update 3/11/21

Bunker prices are sharply down with Brent, and a string of Mediterranean ports could see more weather disruptions over the next two days.   Changes on the day to 08.00 GMT today: VLSFO prices down in Rotterdam ($15/mt), Gibraltar ($12/mt) and Durban ($10/mt) LSMGO prices down in Durban ($15/mt), Rotterdam and Gibraltar ($13/mt) HSFO prices …

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ENGINE: East of Suez Bunker Fuel Market Update 3/11/21

East of Suez bunker prices have fallen on the day with Brent values, after API figures showed a bigger-than-expected build in US crude inventories.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Fujairah ($12/mt), Singapore ($10/mt) and Zhoushan ($6/mt) LSMGO prices down in Fujairah ($16/mt), Zhoushan ($14/mt) and …

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Oil Morning Report 3/11/21

At 10:20 am Singapore time (0220 GMT), the ICE January Brent futures contract was down $1.33/b (1.56%) from the previous close at $83.39/b, while the NYMEX December light sweet crude contract fell $1.54/b (1.84%) at $82.37/b.   If confirmed by data from the US Energy Information Administration out later Nov. 3, crude oil inventories would …

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ENGINE: Americas Bunker Fuel Market Update 2/11/21

Americas bunker prices are mostly down with declining crude values, while Zona Comun’s prices have risen to premiums over several other regional ports.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices steady in Houston, and down in Balboa ($22/mt), New York ($7/mt), Los Angeles ($6/mt) and Zona Comun ($2/mt) LSMGO …

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ENGINE: East of Suez Bunker Fuel Market Update 2/11/21

Bunker prices have mostly recorded gains across East of Suez ports, tracking higher Brent values on the day.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($27/mt), Singapore ($11/mt) and Fujairah ($8/mt) LSMGO prices up in Fujairah ($30/mt), Zhoushan ($10/mt), and down in Singapore ($1/mt) HSFO380 prices …

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