Mabux: Global Bunker Prices

LNG BUNKER PAGE
- LNG bunker indexes
- OIL/GAS futures settlements
- LNG bunker news
- LNG fuel energy content
SEE LNG BUNKER INDEXES
MARKET BUNKER PRICES (MBP)
- 400+ ports worldwide
- Bunker Price History available from 2002
- Supplier's contact details
- Price forecast short (1 day) and long (rolling forward 2 years)
- Differentials section: VLSFO/380 HSFO, VLSFO/MGO LS, MGO LS/VLSFO
See Market Bunker Prices
DIGITAL BUNKER PRICES (DBP:ICE/NYMEX)
- Price adjustments to the Bunker Market's volatility instantly
- Completely independent
- Free from price manipulations
- Unique tool to identify overcharge/undercharge prices
See Digital Bunker Prices for free

MABUX ARA LNG Bunker Index
Port LNG$/mton MGO LS$/mton Date
ARA
739.50
-2.00
669.00
-1.00
Sep 22
Click to see more LNG Bunker Indexes

Port	LNG$/mton	MGO LS$/mton	Date
ARA	739.50	-2.00	669.00	-1.00	Sep 22

MABUX Global Bunker Index

380HSFO$/mton		VLS FO$/mton		MGO LS$/mton		Date
446.26	-2.44	529.45	-1.99	778.33	-1.91	Sep 22

Click to see Regional Bunker Indexes

MABUX Market Differential Index (MDI)

Correlation between market bunker prices (MBP) and MABUX Digital Bunker Price Benchmark (DBP)

All Indexes in $/mton	380HSFO			VLS FO			MGO LS			Date
All Indexes in $/mton	MBP Index	DBP Index	MDI	MBP Index	DBP Index	MDI	MBP Index	DBP Index	MDI	Date
Rotterdam	390	433	-43	453	485	-32	669	695	-26	Sep 22
Singapore	401	428	-27	480	523	-43	669	688	-19	Sep 22
Fujairah	380	401	-21	481	512	-31	728	751	-23	Sep 22
Houston	392	408	-16	479	468	+11	675	680	-5	Sep 22

Click to see more details

Digital Bunker Prices
Reasons, Mechanism, Benefits
Click to view presentation

Try free for 3 days

Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
- World and regional Bunker indices
- Bunker Price Forecast for 40+ ports
- Digital Bunker Prices
MABUX for Industry
- API for integration with your application, custom solutions available upon demand
- Bunker market analyses upon request for required region or port
- Bunker Price seminars that allow to learn how to use MABUX tools for bunker business
- MABUX Open Bunker Directory features contact details of bunker suppliers, traders and brokers worldwide.
Latest News
- 2025-09-22
  Molgas completes first LNG bunkering in Portugal
  The vessel was fueled through a multi-truck-to-ship bunkering operation. It was the “first-ever LNG bunkering operation” at the Port of Porto, according to Molgas. The company is now fully prepared to provide LNG at Leixões and plans to extend its... Read more The vessel was fueled through a multi-truck-to-ship bunkering operation.
  
  It was the “first-ever LNG bunkering operation” at the Port of Porto, according to Molgas.
  
  The company is now fully prepared to provide LNG at Leixões and plans to extend its services to other Portuguese ports soon.
  
  In July, Molgas, together with Dutch bunker supplier Titan, carried out an LNG delivery to Ilma at the Cruise Port of Amsterdam, marking the first LNG bunkering operation at the port’s cruise terminal.
  
  Molgas owns a 45% stake in Titan Clean Fuels. Source: ENGIИE
- 2025-09-22
  Cavotec to deliver the Maldives’ first shore power installation
  Cavotec has signed an order from Mohan Mutha Group to supply shore power systems in the Maldives. The set-up, which will be the first shore power installation in the Maldives, will include five Power Run and Power Feed systems, with deliveries scheduled... Read more
- 2025-09-22
  SOHAR Port and Freezone and ship.energy sign-up MoU at LISW25
  At London International Shipping Week (LISW25), SOHAR Port and Freezone and ship.energy signed a Memorandum of Understanding on the potential for future engagement and knowledge-sharing during an event hosted by SOHAR Port and Freezone, in collaboration... Read more
- 2025-09-22
  STAX Engineering to invest up to $50 million as it looks to expand UK ops
  STAX Engineering has announced plans to expand its UK operations with an investment of up to $50 million across UK ports. Building on momentum from its partnership with Associated British Ports (ABP) Southampton, the California-based company, whose... Read more
- 2025-09-22
  Lhyfe obtains RFNBO certification for its four European installed sites
  Lhyfe has today (22 September) announced that its four green and renewable hydrogen production installations in France and Germany have obtained Renewable Fuel of Non-Biological Origin (RFNBO) certification. The company’s 1MW Bouin facility in the... Read more
- 2025-09-22
  Oil gains as tension flares in Europe, Middle East
  Oil prices gained in Asian trade on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact of trade tariffs on global fuel demand weighed. Brent crude futures rose... Read more Oil prices gained in Asian trade on Monday supported by geopolitical tension in Europe and the Middle East, although the prospect of more oil supply and concern about the impact of trade tariffs on global fuel demand weighed.
  Brent crude futures rose 34 cents, or 0.54%, to $67.07 a barrel by 0317 GMT while the U.S. West Texas Intermediate crude contract for October was at $63.02 a barrel, up 34 cents, or 0.54%.
  The October WTI contract expires on Monday and the more active November contract gained 36 cents, or 0.58%, at $62.76 a barrel.
  "Reports over the weekend that Russia was threatening over the Polish border has provided traders with a timely reminder of the ongoing risks to European energy security from the north east," said Michael McCarthy, CEO of investment platform Moomoo Australia and New Zealand.
  Polish and allied aircraft were deployed early on Saturday to ensure the safety of Polish airspace after Russia launched airstrikes targeting western Ukraine near the border with Poland, armed forces of the NATO-member country said.
  The deployment came after three Russian military jets violated NATO Estonia’s airspace for 12 minutes on Friday, while on Sunday, Germany’s air force reported that a Russian military plane entered neutral airspace over the Baltic Sea.
  The United Nations Security Council is due to meet on Monday over Estonia’s accusation that Russian fighter jets violated its airspace, diplomats said.
  
  In recent weeks, Ukraine stepped up drone attacks on Russia’s energy infrastructure, hitting terminals and refineries, while U.S. President Donald Trump has urged the European Union to halt Russian oil and gas purchases.
  In the Middle East news, four Western nations recognised Palestinian state, prompting a furious response from Israel and adding to jitters in the key oil-producing region.
  Brent and WTI settled down more than 1% on Friday to mark a slight decline last week as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the U.S. Federal Reserve would trigger more consumption.
  Iraq has increased oil exports following the gradual unwinding of voluntary production cuts under an OPEC+ agreement, the country’s state oil marketer SOMO said on Sunday.
  Iraq’s oil exports averaged 3.38 million barrels per day in August, according to the oil ministry. SOMO expects September’s average exports to range from 3.4 million to 3.45 million bpd.
  
  "Rising inventories over the past six months have also confirmed that supply has been outpacing demand," Tim Evans said in the newsletter Evans on Energy.
  "Increased strategic reserves accumulated by China and the U.S. have helped soak up the surplus, but the added inventories still reduce the near-term upside potential for prices and leave the downside open," Evans said. Source: Reuters/Investing.com
- 2025-09-22
  Vietnam Police To Vet Energy Projects as National Security Concern Grows
  Investors who wish to put their money in Vietnam’s energy, construction and telecommunications sectors will now require police approvals for their projects as the government moves to boost security and ensure "absolute leadership." The security ministry... Read more Investors who wish to put their money in Vietnam’s energy, construction and telecommunications sectors will now require police approvals for their projects as the government moves to boost security and ensure "absolute leadership." The security ministry will also supervise and inspect foreign aid projects in a bid to comprehensively appraise their potential impacts on security and social order. "In socio-economic development, security must be ensured, without sacrificing national interests for economic benefits," said the security ministry's website.
  
  Vietnamese police already play a major role in the country’s legislation as well as growing interests in the economy. To Lam, Vietnam's most powerful man, was head of the security ministry before he became the General Secretary of the Communist Party of Vietnam. The country’s army also oversees a wide array of businesses, including banks and telecom operator Viettel.
  
  The proposal by the public security ministry is likely to increase compliance costs and the cost of doing business in the Southeast Asian country even as the ruling Communist Party looks to expand the powers of the security apparatus. U.S. giant chipmaker Intel, Honda and Samsung Electronics have set up shop in Vietnam in a bid to take advantage of low labor costs. However, they frequently complain about slow project approvals.
  
  In recent years, Vietnam has faced an energy crisis, triggered by extreme weather including drought impacting hydropower, and rapidly increasing electricity demand from its expanding industrial sector. The resulting power cuts caused significant economic losses, especially for foreign manufacturers, and exposed the vulnerability of the nation's power grid and its limited capacity. The government has since taken steps to address the crisis, but challenges remain in balancing energy supply with demand and investing in a robust, modern energy infrastructure.
  
  Last year, Norway's state-controlled energy giant Equinor ASA (NYSE:EQNR) abandoned plans to invest in Vietnam's offshore wind sector, dealing a significant blow to the country's green energy ambitions. This marked the first time Equinor has abandoned offshore wind development; in contrast, the company has previously exited more than a dozen fossil fuel projects to focus on renewables and low-carbon systems. In 2023, Danish offshore wind giant Ørsted A/S (OTCPK:DNNGY) also paused its multi-gigawatt offshore wind plans in Vietnam, again due to regulatory challenges.
  
  According to the World Bank, over the past couple of years, Vietnam has attracted plenty of interest in its clean energy sector thanks to the country’s strong winds in shallow waters near coastal, densely populated areas. Unfortunately, political turbulence in the country has paralyzed regulatory reforms and discouraged investors.
  
  "We have decided to discontinue our business development in Vietnam and to close our office in Hanoi," Magnus Frantzen Eidsvold, an Equinor spokesperson, said in an interview.
  
  Vietnam has no installed offshore wind capacity but plans to install wind farms for 6 gigawatt (GW) by 2030, equal to 4% of its planned capacity. The offshore wind push is part of the country’s goal to cut reliance on coal generation and reach net zero carbon emissions by the middle of the century. The communist government is pushing to assign to state-owned companies the first pilot project on offshore wind, a move that investors are opposed to because the domestic sector does not have enough capacity.
  
  Currently, 40% of the global population lives within 60 miles of the ocean, making offshore wind an attractive clean energy alternative. Unfortunately, in recent years, dozens of offshore wind projects around the world have been delayed or canceled as costs have skyrocketed and supply chain disruptions have swelled. Last year, Ørsted canceled its highly anticipated Ocean Wind 1 and Ocean Wind 2 projects in the U.S. citing rising interest rates, high inflation, and supply chain bottlenecks. The two projects would have supplied just over 2.2 gigawatts to the New Jersey grid--enough energy to power over a million homes.
  
  On a more positive note, Vietnam's economy remains in the pink of health, with strong GDP growth in 2024 at 7.1%, and optimistic forecasts for 2025 and beyond. Vietnam’s economy posted robust GDP growth of 7.52% in the first half of 2025 driven by rapid growth in the services and manufacturing sectors, defying global trade tensions including U.S. tariffs. However, growth is expected to moderate slightly due to global economic slowdowns and trade uncertainties. Key growth drivers include a recovering real estate market, increased public investment, and a booming domestic services sector. However, Vietnam's openness to the global economy means it's susceptible to slower growth in its major trading partners, impacting exports and manufacturing. Source: Oilprice.com
- 2025-09-22
  MABUX: Downward trend to continue in Global bunker market on Sep.22.
  The MABUX World Bunker Index — a composite indicator tracking daily prices for 380 HSFO, VLSFO, and MGO — continued to decline on Sep. 19, marking the second consecutive day of losses: 380 HSFO: USD/MT 448.70 (-2.29) VLSFO: USD/MT 531.44 (-2.96) MGO:... Read more The MABUX World Bunker Index — a composite indicator tracking daily prices for 380 HSFO, VLSFO, and MGO — continued to decline on Sep. 19, marking the second consecutive day of losses:
  
  380 HSFO: USD/MT 448.70 (-2.29)
  VLSFO: USD/MT 531.44 (-2.96)
  MGO: USD/MT 780.24 (-3.26)
  
  As of Sep.19 the MABUX Market Differential Index (MDI) — tracking the correlation between Market Bunker Prices (MBP) and the MABUX Digital Bunker Price Benchmark (DBP) — reflected the following trends across the main bunker fuel segments in the key hubs of Rotterdam, Singapore, Fujairah, and Houston:
  
  • HSFO segment: All four ports were undercharged. The discount widened further by $1 in Rotterdam, narrowed by $3 in both Singapore and Fujairah, and held steady in Houston.
  
  • VLSFO segment: Houston was the only port in overcharge territory, with its premium decreasing by $2 and moving closer to full MBP-DBP correlation. The other three hubs stayed undercharged: the discount widened by $6 in Rotterdam, narrowed by $3 in Singapore, and increased by $1 in Fujairah.
  
  • MGO LS segment: All four ports were undercharged. The MDI rose by $2 in Rotterdam, $1 in Singapore, and $4 in Fujairah, while remaining unchanged in Houston.
  
  We expect a downward movement to prevail in the Global bunker market on Sep.22: 380 HSFO – minus 1-3 USD/MT, VLSFO –minus 2-4 USD/MT, MGO LS – minus 4-8 USD/MT.
  Source: MABUX
- 2025-09-22
  Natural Gas is America’s Secret Weapon in the AI Power Race
  Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills. American... Read more Top natural gas producers and pipeline operators expect the industry and various U.S. states to accelerate approval and development of natural gas infrastructure in the new normal American electricity market of rising demand and consumer bills.
  
  American ratepayers have seen electricity prices rising at a faster pace than U.S. inflation over the past three years. These increases are set to outpace the rate of inflation through 2026, the Energy Information Administration says.
  
  At the same time, the United States has never produced more energy than now, with a record amount in 2024 and rising output of oil and natural gas in 2025, too.
  
  The abundance of energy could help lower electric utility bills for consumers—if there is enough gas linked to powering data centers and manufacturing, the primary growth drivers of U.S. power demand.
  
  Eventually, the spiking energy costs will lead to the various U.S. states approving additional gas infrastructure, EQT Corp, one of America’s top natural gas producers, reckons.
  
  “We’ve never produced more energy than we’re producing now, but Americans’ energy bills are up over 35%,” EQT’s chief executive Toby Rice said during BloombergNEF’s ‘Barrel of Tomorrow in the Age of AI’ summit in Houston this week.
  
  “That’s the catalyst that’s going to get people asking questions,” the executive added.
  
  His opinion that additional infrastructure, most of all gas, will help bring down elevated consumer energy bills was shared by Cynthia Hansen, Executive Vice President & President, Gas Transmission & Midstream at pipeline giant Enbridge, and Chris James, founder and chief investment officer at Engine No.1, an investment firm.
  
  Texas, Pennsylvania, Ohio, and Louisiana – key gas-producing states thanks to the shale regions the Permian, Appalachia, and Haynesville – could be frontrunners in the race to add more gas infrastructure, Enbridge’s Hansen said. Big Tech is scouting for sites in these states amid rising interest to build data centers there to take advantage of the nearby gas supply and friendlier regulatory environment, Hansen said at the BNEF summit.
  
  So far this decade, gas infrastructure development has been shunned due to opposition by U.S. states to host more pipelines and the Biden Administration’s pivot to supporting renewable energy and telling oil and gas companies they are things of the past.
  
  But with the Trump Administration strongly backing American energy dominance, increased oil and gas production, and eased regulatory burdens for project approvals, new infrastructure – pipeline and power plants – could come online to help meet rising electricity demand.
  
  Analysts are also betting on natural gas to help feed America’s AI boom.
  
  Onshoring of manufacturing activity and AI-related data centers are driving an increase in U.S. electricity consumption, Goldman Sachs said in a report earlier this year.
  
  U.S. electrical power demand is expected to rise by 2.4% each year through 2030, with AI-related demand accounting for about two-thirds of the incremental power demand in the country, the investment bank said.
  
  More than $700 billion of grid investment is expected in the country through 2030, as the U.S. infrastructure needs to be updated to accommodate the unprecedented growth of electricity demand, according to Goldman Sachs.
  
  Natural gas is best positioned to capture most of the growth, according to the investment bank.
  
  “Natural gas will benefit significantly from the rising electricity demand and the requirement for 24/7 uninterrupted supply. It is most flexible among all energy sources and an abundant domestic resource,” Goldman Sachs said.
  
  The world’s biggest economy will need all energy sources to ensure power demand is met. Natural gas is the biggest near-term winner of AI advancements, but renewables will also play a key role in powering the data centers of next-generation computing, analysts say. Source: Oilprice.com
- 2025-09-22
  Iraq Boosts Oil Exports as OPEC+ Rolls Back Cuts
  Iraq has boosted its oil exports as part of the gradual rollback of voluntary production cuts agreed under the OPEC+ alliance, the country’s state oil marketer SOMO confirmed on Sunday. According to SOMO’s director general, Ali Nizar Al-Shatari, the... Read more Iraq has boosted its oil exports as part of the gradual rollback of voluntary production cuts agreed under the OPEC+ alliance, the country’s state oil marketer SOMO confirmed on Sunday.
  
  According to SOMO’s director general, Ali Nizar Al-Shatari, the increase in shipments is set to bring in “hundreds of millions of dollars” in additional revenues at current price levels, Iraq’s state news agency reported. While he did not provide an exact figure for the latest rise, he noted that adding 200,000 barrels per day (bpd) of production would significantly strengthen government finances.
  
  Iraq’s exports averaged 3.38 million bpd in August, according to the oil ministry. For September, SOMO expects the figure to climb to between 3.4 million and 3.45 million bpd.
  
  The boost in Iraqi exports comes after eight OPEC+ members agreed earlier this month to increase their collective output by 137,000 bpd starting in October. This is part of a phased easing of production curbs that the group first implemented years ago to stabilize global oil markets following a historic supply glut and demand crash.
  
  Since April, OPEC+ has been unwinding these voluntary reductions, a process designed to balance rising demand with the need to avoid oversupply.
  
  Iraq has long pressed for greater recognition of its production capacity within OPEC+. Earlier this month, Prime Minister Mohammed Shia al-Sudani urged fellow producers to reconsider Iraq’s export quota, saying the current allocation does not adequately reflect its potential output.
  
  However, Baghdad’s position is complicated. Iraq remains the group’s biggest overproducer, consistently pumping above its agreed quota. OPEC+ has pressured Baghdad to bring production into line, and in April, Iraq submitted plans to make additional output cuts to compensate for earlier overproduction.
  
  The increase in Iraqi crude shipments highlights the delicate balance OPEC+ members face as they seek to capitalize on higher revenues while maintaining discipline within the alliance. For Baghdad, rising exports provide crucial income at a time of budgetary pressures, but also risk further scrutiny from its OPEC+ partners if production strays too far from agreed limits. Source: Oilprice.com

Buy subscriptions via