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

Bunker prices have seen small gains in East of Suez ports in the past day, after dropping in the previous two days.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Singapore ($4/mt), Zhoushan ($3/mt) and Fujairah ($2/mt) LSMGO prices up in Zhoushan, Fujairah and Singapore ($4/mt) HSFO380 prices …

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

European and African bunker prices are mostly rangebound, while Rotterdam’s low sulphur prices have extended their declines.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($3/mt) and Gibraltar ($2/mt), and down in Rotterdam ($11/mt) LSMGO prices up in Durban ($4/mt), steady in Gibraltar, and down in Rotterdam ($6/mt) HSFO …

ENGINE: Americas Bunker Fuel Market Update 20/7/21

Bunker prices have mixed direction in key Americas ports, as Brent has recovered to just above $69/bbl after tumbling yesterday.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in New York ($15/mt) and Balboa ($1/mt), and down in Los Angeles ($6/mt), Zona Comun ($5/mt) and Houston ($3/mt) LSMGO prices …

ENGINE: East of Suez Bunker Fuel Market Update 20/7/21

Bunker prices have extended yesterday’s losses with steep drops as Brent trades close to two-month lows.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices down in Zhoushan ($22/mt), Singapore ($17/mt) and Fujairah ($15/mt) LSMGO prices down in Zhoushan ($22/mt), Fujairah and Singapore ($15/mt) HSFO380 prices down in Zhoushan ($16/mt) and …

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 …

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 …

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 …