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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 882.10-32.11805.00+7.00Nov 28 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 528.89+3.81667.76+4.15925.38+7.09Nov 29 - MBP INDEX vs DBP INDEX (ICE/NYMEX)
Click to see more detailsAll Indexesin $/mton380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 478518-40 574616-42 805905-100 Nov 29 Singapore 467530-63 655613+42 793914-121 Nov 29 Fujairah 439545-106 633609+24 910962-52 Nov 29 Houston 477486-9 567606-39 808905-97 Nov 29 - Analytical Section
- Daily and Weekly Bunker analyses and Future Curves
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- Latest News
- 2023-11-29
Oil little changed as OPEC+ decision awaits, Black Sea storm disrupts supply
Oil moved in a narrow range on Wednesday as investors turned cautious ahead of a crucial OPEC+ meeting to decide output policy in the next months, while a supply disruption in the Black Sea provided a floor for prices. Brent crude futures dipped 3 cents... Read more - 2023-11-29
The Future of Fossil Fuels in the Spotlight at COP28 Climate Summit
The debate about the future of fossil fuels is expected to take center stage at the COP28 climate summit starting in Dubai on Thursday. While the UN and environmental organizations are pushing for language in the final statement to include a timeline... Read more - 2023-11-29
MABUX: Global bunker indices to surge on Nov.29.
MABUX World Bunker Index (as index calculated on current prices for 380 HSFO, VLSFO and MGO) changed insignificant and irregular on Nov. 28: 380 HSFO - USD/MT - 525.08 (+0.27) VLSFO - USD/MT – 663.61 (-0.57) MGO - USD/MT – 918.29 (-0.67) As of... Read more - 2023-11-29
Hydrogen Fuel Cell Aircraft Startup Secures Funding
Aircraft developer Zeroavia has secured the backing of the UK infrastructure bank in its latest fundraising round, as it looks to build hydrogen-electric engines for low-carbon flying. The firm, which has bases in London, Kemble and California, said... Read more - 2023-11-29
Brent Breaks Back Above $80 as OPEC+ Meeting Looms
Brent climbed back above $80 on Tuesday as storms disrupted oil and product exports from Russia’s Novorossiysk port, but it is U.S. inventories and the upcoming OPEC+ meeting that will drive oil price movements this week. - This year’s Thanksgiving... Read more - 2023-11-29
Russian Crude Oil Flows Rebound Ahead of Key OPEC+ Meeting
Despite storms in the Black Sea disrupting loadings, weekly crude oil shipments out of Russia rebounded in the week to November 26, rising by around 370,000 barrels per day (bpd) from the previous week, just before a crucial OPEC+ meeting this week, tanker-tracking... Read more - 2023-11-29
U.S. Crude Oil, Gasoline, Cushing See Inventory Dips
Crude oil inventories in the United States fell this week by 817,000 barrels for week ending November 24, according to The American Petroleum Institute (API), after a 9.05-million-barrel rise in crude inventories in the week prior, API data showed. Analysts... Read more - 2023-11-29
OPEC+ Rollover Agreement Likely Scenario, Meeting Could Be Delayed Again
Amid a flurry of unrest amid the OPEC+ oil group, a rollover of the prior agreement is the likely scenario, with deeper production cuts being less likely, four OPEC+ sources told Reuters on Tuesday. The next meeting to discuss the plan for 2024 oil... Read more - 2023-11-29
Sanctioned Tankers Could Undermine India’s Push to Buy Cheap Russian Oil
India is still considering whether to allow a now-sanctioned tanker carrying Russian oil to approach and dock at one of its ports—a sign that the U.S. clampdown on Russian crude trade could limit India’s ability to buy and import cheaper oil. The... Read more - 2023-11-29
Oil Kneejerks On Fresh OPEC+ Discord Headlines
What would an OPEC+ meeting week be without the parade of strawman, market-testing headlines dropped to gauge traders' stress levels. OPEC is set to hold an online meeting on Thursday, ahead of OPEC+ meeting later in the day to decide future oil production... Read more
- 2023-11-29