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  Ports       380 cSt 180 cSt ULS F0 MGO/MGO LS Date
Rotterdam(NL) Market Indications   
ULS FO / MGO LS
Ex Barge     214 arrow     239 arrow    
335

arrow
    -
353

arrow
29 Jul
ice logo Updated every 30s
Rotterdam (NL) Price Forecast
   
Forecast for today:
Forecast for tomorrow:
-3.50
-3.25

 
 
 
 
-
-
 
 
            -8.50
-6.75

Jul 29
Data retrived: 2016-07-29 13:07 CET
Please note that above-mentioned prices are purely indicative -based on volumes fuel 500 mt and mdo / gas oil 100 mt-, to be used as guidance only, since market is fluctuating constantly.

DISCLAIMER!

Prices published are only indications and may therefore vary.
Marine Bunker Exchange takes no responsibility for any market decisions taken on the basis of such indications.
MABUX World Bunker Index 380 HS, 180 HS and MGO (Gasoil) Future Curve
world index
Date380HSFO180HSFOMGO LS
2016-07-28215.93(-3.93)266.21(-1.5)449.93(-4.36)
2016-07-27219.86267.71454.29
oil futures
DateBrentWTISpread
2016-07-2842.741.141.56
2016-07-2743.4741.921.55
Brent crude oil
Prices shown in $/barrel
Light crude oil (WTI)
Prices shown in $/barrel
Gas oil
Prices shown in $/mton
Heating oil
Prices shown in $/mton
Henry Hub LNG
Prices shown in $/mmBtu

Latest News

Oil rally to resume later this year, demand to offset glut: Reuters poll

2016-07-29 - Oil analysts still expect a rise in the crude price this year, thanks to improving demand growth that should help offset any bearish headwinds from a stubborn supply surplus, a Reuters poll showed on Friday. A survey of 29 economists and analysts forecast Brent crude will average $45.51 per barrel in 2016, up marginally from last month's forecast of $45.20, and about $3.55 higher than the $41.96 average so far this year. "We project solid global demand growth in 2016 (1.4 million barrels per day), and a reasonable growth in 2017... Read more

MABUX: Bunker Market this morning 29th July!

2016-07-29 - Oil prices settled down nearly 2 percent on Thursday, hitting April lows and with U.S. crude headed for its biggest monthly loss in a year, on growing worries that the world was pumping more crude than needed. WTI closed yesterday down 2 percent, the biggest monthly loss in a year. Brent was not too well either, which fell 77 cents, or 1.8 percent, the lowest since April 18. Surplus barrels of gasoline already have made the glut developing in oil this year more worrisome since there are negative side effects, compared to crude oversup... Read more

Oil down 2 percent; July to be worst month in a year for U.S. crude

2016-07-29 - Oil prices settled down nearly 2 percent on Thursday, hitting April lows and with U.S. crude headed for its biggest monthly loss in a year, on growing worries that the world was pumping more crude than needed. Surplus barrels of gasoline already have made the glut developing in oil this year more worrisome to some than the crude oversupply of the past two years that had halved prices. U.S. Gulf Coast gasoline stocks hit record highs last week for the month of July while East Coast inventories reached all-time peaks, government data showed on... Read more

Oil prices remain near April lows on ongoing oversupply

2016-07-29 - Oil prices on Friday remained around April lows as slowing economic growth threatened to worsen ongoing oversupply of crude and refined products. International Brent crude oil futures LCOc1 were trading at $42.78 at 0127 GMT (09:27 p.m. EDT), up 8 cents from their previous close. U.S. West Texas Intermediate (WTI) crude CLc1 was at $41.16, up 2 cents. Brent hit its lowest since April in the previous session, at $42.56, while WTI hit a fresh low of $40.95 per barrel early on Friday, and both crude benchmarks are now down around 20 percent ... Read more

$60 Is the New $50 for U.S. Oil Drillers Contemplating Rebound

2016-07-29 - Hess, Anadarko cite $60 mark in second-quarter earnings calls Oil companies cautious following last year’s false starts For U.S. oil drillers, $60 is the new $50. Earlier this year, oil and natural gas companies facing the worst slump in a generation said they’d need crude to reach $50 a barrel before resuming drilling. This week, despite higher prices and lower costs, the industry has raised the bar, signaling it will take $60 or better before meaningful production can resume. “The industry doesn’t want to r... Read more

Sinking Oil Prices Mean Fragile Unity for OPEC’s New Chief

2016-07-29 - Mohammed Barkindo becomes secretary general on August 1 OPEC at ‘critical time’ as cost of new strategy hits members When OPEC’s new chief starts next week, he’ll take over an organization that’s largely reconciled internal differences after a two-year fight over strategy. But as oil prices sink again, that unity could be at risk. Nigerian Mohammed Barkindo will be the first new top official at the Organization of Petroleum Exporting Countries in almost a decade. He comes to the role after a dispute over o... Read more