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Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 815.01+34.94675.00-5.00Oct 9 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 537.45-5.67623.67-3.12786.01-7.47Oct 9 - 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 518488+30 543585-42 675778-103 Oct 9 Singapore 495507-12 602591+11 688787-99 Oct 9 Fujairah 468518-50 600583+17 780835-55 Oct 9 Houston 480482-2 553605-52 685702-17 Oct 9 - Analytical Section
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- Latest News
- 2024-10-09
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
Oil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against continued bearish expectations for demand. Brent crude futures rose 22 cents, or 0.3%, to $77.4 a barrel by 0349 GMT. U.S. West Texas... Read more - 2024-10-09
Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say
Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery, trade sources said, as shipments to what previously was Venezuela's second largest oil market continue to grow. Indian refiners... Read more - 2024-10-09
Oil prices rise after steep losses; large US inventory build limits recovery
Oil prices rose in Asian trade on Wednesday, recouping some of the prior session’s steep losses, although signs of an outsized build in U.S. inventories limited gains. Oil prices plummeted more than 4% on Tuesday following reports that Lebanese military... Read more - 2024-10-09
Oil futures lower after API data show big increase in US crude stocks
U.S. crude oil futures were lower in post-settlement trading Tuesday after the American Petroleum Institute reported a much larger-than-expected increase in weekly domestic crude stocks amid weather-related disruptions to U.S. energy infrastructure. Crude... Read more - 2024-10-09
GLOBAL: LNG-FUELLED FLEET EXPANDS TO MAKE UP 6% OF GLOBAL DWT, SAYS SEA-LNG
LNG-powered vessels in operation and on order now represent 4% of the global fleet by vessel numbers or 6% by deadweight tonnage (DWT), according to data released today (8 October) by industry coalition SEA-LNG. The group reports that there are 590... Read more
- 2024-10-09
GLOBAL: CLEAN ARCTIC ALLIANCE WELCOMES IMO PROGRESS ON BLACK CARBON REGULATION
The Clean Arctic Alliance, a coalition of 23 environmental NGOs, has welcomed progress achieved at MEPC 82 last week towards the regulation of black carbon and the creation of emission control areas, but accused the IMO of ‘kicking down the road’ any... Read more
- 2024-10-09
GLOBAL: NEW UK-SINGAPORE RESEARCH PARTNERSHIP ON DIGITAL AND GREEN SHIPPING
Imperial College London and the Maritime and Port Authority of Singapore (MPA) have entered a five-year partnership aimed at advancing innovation on zero carbon shipping and achieving net-zero port emissions. Under the agreement, scientists and maritime... Read more
- 2024-10-09
Crude prices slide over 4% on possible Hezbollah-Israel ceasefire
Oil prices slid on Tuesday, settling down more than 4% on news of a possible ceasefire between Hezbollah and Israel, although prices found some support on fears of a potential attack on Iranian oil infrastructure. Brent crude futures settled down $3.75,... Read more - 2024-10-09
Oil Prices Under Pressure as Supply Disruptions Fail to Materialize
- China’s announcement of more economic stimulus to the country’s ailing real estate sector was well-timed, ahead of a week-long public holiday, however as normal business activity recovers in the country, the market faces further disappointment. -... Read more - 2024-10-09
Surprise Crude Inventory Spike Slams Oil Prices
Crude oil inventories in the United States rose by a shocking 10.9 million barrels for the week ending October 4, according to The American Petroleum Institute (API). Analysts had expected a build of 1.95 million barrels. For the week prior, the API... Read more
- 2024-10-09