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Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 832.980.00752.00-6.00Mar 27 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 456.95-6.43614.33-5.41884.18-7.47Mar 27 - 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 381476-95 528563-35 752828-76 Mar 27 Singapore 413485-72 5605600 735837-102 Mar 27 Fujairah 411508-97 563561+2 1 038885+153 Mar 27 Houston 389434-45 565534+31 818865-47 Mar 27 - Analytical Section
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- Latest News
- 2023-03-27
Analysis-Iraq's ambition to match Saudi oil output is out of reach Commodities 5 hours ago (Mar 27, 2023 04:12AM ET) Analysis-
Iraq's oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to rival the output of top OPEC producer Saudi Arabia. Political infighting... Read more - 2023-03-27
GLOBAL: COSCO SHIPPING YARDS DELIVER ‘GREEN, LOW CARBON’ TRIO
Cosco Shipping Kawasaki has delivered the OOCL Spain, a 24,188 TEU containership, and Yangzhou Cosco Shipping has handed over the 114,000 DWT Afra tanker, Green Anax, and the 82,000-ton bulk carrier, Yasa Ruby. Cosco Shipping Heavy Industry, the parent... Read more
- 2023-03-27
EUROPE: NESTE TO CHARTER TERNTANK’S WIND-ASSISTED, METHANOL-READY TANKERS
Neste has agreed to time charter two of Terntank’s new product tankers which will feature foldable suction sails and dual-fuel engines enabling the use of e-methanol as fuel. The tankers will be able to transport a range of cargoes, including renewable... Read more
- 2023-03-27
AMERICAS: New responsibilities for Bunker One’s Kounalakis as firm gears up for further growth
Stating that it is now ready ‘to accelerate its growth strategy and focus on expanding its footprint’, Bunker One has announced that Georgia Kounalakis, MD of Bunker One USA, will take on responsibility for all the company’s synergy supply and trading... Read more
- 2023-03-27
Banking Crisis Has Triggered Capital Flight From Oil To Gold
The sudden collapse of Silicon Valley Bank has sent shockwaves through the entire financial sector and marked the biggest bank failure since the 2008 financial crisis. Being the only publicly traded bank focused on Silicon Valley and startups for four... Read more - 2023-03-27
Oil prices move little amid banking sector uncertainty
Oil prices kept to a tight range in Asian trade on Monday, hovering just above a 15-month low as markets waited for the next shoe to drop in a potential banking crisis. Concerns over increased geopolitical tensions also kept investors wary of crude,... Read more - 2023-03-27
Gold prices dip from $2,000, banking crisis in focus
Gold prices retreated on Monday as traders locked in profits after a strong run of gains, but remained near key levels hit last week as fears of a global banking crisis kept safe haven demand high. Bullion prices surged to the over $2,000 last week... Read more - 2023-03-27
Oil settles down on worries over European banks, U.S. crude reserve
Oil prices settled lower on Friday as European banking shares fell and after U.S. Energy Secretary Jennifer Granholm said refilling the country's Strategic Petroleum Reserve (SPR) may take several years, dampening demand prospects. Brent crude settled... Read more - 2023-03-24
Crude oil sharply lower; Banking, SPR worries weigh
Oil prices sharply retreated Friday, falling to their lowest levels this week on simmering concerns over the banking sector and after the U.S. government backed away from its intention to immediately refill the Strategic Petroleum Reserve. By 09:25... Read more - 2023-03-24
EUROPE: ANGLO-FRENCH PORTS AND DFDS EYE CROSS-CHANNEL ELECTRIFICATION
Cross-Channel ferry operator DFDS, the Port of Dover, Port Boulogne Calais, and Dunkerque-Port have agreed a joint programme of work to electrify maritime traffic on the English Channel. The agreement continues the momentum established by the work... Read more
- 2023-03-27