Tag archives: FO

ENGINE: Americas Bunker Fuel Market Update 3/8/21

Bunker prices are mostly rangebound in the Americas, but some values have tracked tumbling Brent futures further down, and others have gained to recover some of the heavy losses made in the previous session.   Changes on the day to 09.30 CST (14.30 GMT) today: VLSFO prices up in Zona Comun ($16/mt), Houston ($4/mt) and …

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FIS Fuel Oil Morning Report 04/08/21

Brent crude oil futures slid 22 cents, or 0.3%, to $72.19 a barrel, as of 0129 GMT. U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.5%, to $70.23 a barrel. Both futures fell on Tuesday to their lowest since July 21 before regaining some ground by the close.   The United States and …

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ENGINE: Europe & Africa Bunker Fuel Market Update 3/8/21

European bunker prices are mostly down with Brent, while South African prices have gained in the past day.   Changes on the day to 08.00 GMT today: VLSFO prices up in Durban ($7/mt), and down in Gibraltar ($7/mt) and Rotterdam ($2/mt) LSMGO prices up in Durban ($3/mt), and down in Gibraltar ($10/mt) and Rotterdam ($7/mt) …

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ENGINE: East of Suez Bunker Fuel Market Update 3/8/21

Bunker prices are mostly down with Brent in East of Suez ports as the futures contract slumps further, and South Korean suppliers continue to price VLSFO at regional discounts.   Changes on the day to 16.00 SGT (08.00 GMT) today: VLSFO prices up in Zhoushan ($4/mt), and down in Singapore ($11/mt) and Fujairah ($5/mt) LSMGO …

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Daily Capesize Review 2/8/21

Capesize freight rates had a quiet start to the new month, though market sentiments remained positive at the aftermath of typhoon conditions. The Capesize 5 time charter average, then dipped by $284 day-on-day to $35,429 on Monday, with a typical quiet start for the week. The Baltic Dry Index (BDI) also went down by 0.30% …

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FIS Fuel Oil Morning Report 03/08/21

At 10:43 am Singapore time (0243 GMT), the ICE October Brent futures contract was up 9 cents/b (0.12%) from the previous close at $72.98/b, while the NYMEX September light sweet crude contract was 13 cents/b (0.18%) higher at $71.39/b.   Crude oil futures lost over 3% yesterday as the market saw some heavy selling towards …

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