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Daily Bunker Report

MABUX: Bunker market this morning, Feb.14

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs demonstrated upward changes on Feb. 13: 380 HSFO – USD/MT – 362.77 (+2.78) VLSFO – USD/MT – 543.00 (+3.00) MGO – USD/MT – 598.64 (+3.19) Meantime, world oil indexes also increased on Feb. 13 on beliefs, that Russia and OPEC will deepen production cuts to prevent worsening of crude demand from a new spike in deaths and infections from China’s Covid-19 epidemic. Brent for April settlement increased by ...

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MABUX: Bunker market this morning, Feb.13

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) did not have firm trend and changed irregular on Feb.12: 380 HSFO – USD/MT 359.99(+3.91) VLSFO – USD/MT 540.00(-3.00) MGO – USD/MT 595.45(+0.69) Meantime, world oil indexes rose on Feb.12 as China reported its lowest daily number of new coronavirus cases since late January, stoking investor hopes that fuel demand in the world’s second-largest oil consumer may begin to recover from the epidemic. Brent for April settlement increased ...

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MABUX: Bunker market this morning, Feb.12

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs demonstrated downward changes on Feb. 11: 380 HSFO – USD/MT – 356.08 (-3.38) VLSFO – USD/MT – 543.00 (-5.00) MGO – USD/MT – 594.76(-5.56) Meantime, world oil indexes increased on Feb. 11 reports that the outbreak of the coronavirus in China may be peaking. However, doubts still remain about the extent and timing of future output cuts from major producers. Brent for April settlement increased by $0.74 to ...

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MABUX: Bunker market this morning, Feb.11

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) demonstrated firm downward trend Feb.10: 380 HSFO – USD/MT 359.46(-5.97) VLSFO – USD/MT 548.00(-10.00) MGO – USD/MT 600.32(-5.75) Meantime, world oil indexes extended their decline on Feb.10 on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts. Brent for April settlement decreased by $1.20 to $53.27 a barrel on ...

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MABUX: Bunker market this morning, Feb.10

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs demonstrated irregular changes on Feb. 07: 380 HSFO – USD/MT – 365.43 (+2.04) VLSFO – USD/MT – 558.00 (-1.00) MGO – USD/MT – 606.07(-4.35) Meantime, world oil indexes decreased on Feb. 07 after Russian Energy Minister Alexander Novak couldn’t give his assent to suggestions from OPEC’s suggestion that the group and its allies, which include Moscow, cut an additional 600,000 barrels per day in supply. Brent for April ...

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MABUX: Bunker market this morning, Feb.07

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) rose slightly on Feb.06: 380 HSFO – USD/MT 363.39(+8.12) VLSFO – USD/MT 559.00(+6.00) MGO – USD/MT 610.42(+3.78) Meantime, world oil indexes changed insignificant and irregular on Feb.06 as an OPEC+ committee agreed on a required level of output cuts, but didn’t reach a decision on an emergency meeting as Russia resisted. Brent for April settlement decreased by $0.35 to $54.93 a barrel on the London-based ICE Futures Europe ...

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MABUX: Bunker market this morning, Feb.06

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs demonstrated irregular changes on Feb. 05: 380 HSFO – USD/MT – 355.27 (+0.79) VLSFO – USD/MT – 533.00 (-6.00) MGO – USD/MT – 606.64(-2.09) Meantime, world oil indexes increased on Feb. 05 amid reports of a breakthrough in the fight to combat China’s coronavirus, coupled with expectations that the group of major producers will cut production levels. Brent for April settlement increased by $1.32 to $55.28 a barrel ...

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MABUX: Bunker market this morning, Feb.05

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued downward trend on Feb.04: 380 HSFO – USD/MT 354.51(-9.85) VLSFO – USD/MT 559.00(-14.00) MGO – USD/MT 608.24(-10.86) Meantime, world oil indexes changed irregular on Feb.04 on hopes for additional production cuts from OPEC and its allies to offset any potential demand drop triggered by the coronavirus outbreak. Brent for April settlement decreased by $0.49 to $53.96 a barrel on the London-based ICE Futures Europe exchange. West Texas ...

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MABUX: Bunker market this morning, Feb.04

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) declined on Feb.03: 380 HSFO – USD/MT 364.36(-3.85) VLSFO – USD/MT 573.00(-6.00) MGO – USD/MT 619.10(-6.69) Meantime, world oil indexes extended their losses on Feb.03, dragged down by worries about lower demand in China, the world’s largest oil importer, following a coronavirus outbreak there. Brent for April settlement dropped by $3.71 to $54.45 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for March fell ...

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MABUX: Bunker market this morning, Feb.03

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs continued to decline on Jan.31: 380 HSFO – USD/MT – 368.21(-3.64) VLSFO – USD/MT – 579.00 (-5.00) MGO – USD/MT – 625.79(-6.39) Meantime, world oil indexes also decreased on Jan.30 after airlines canceled flights to China. Brent for March settlement decreased by $0.13 to $58.16 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for March fell by $0.58 to $51.56 a barrel on the ...

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MABUX: Bunker market this morning, Jan.31

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on Jan.30: 380 HSFO – USD/MT – 371.85(-1.57) VLSFO – USD/MT – 584.00 (-1.00) MGO – USD/MT – 632.18(-2.14) Meantime, world oil indexes also fell on Jan.30 after a surprise increase in U.S. crude inventories compounded fears of falling demand from a virus-hit China. Brent for March settlement decreased by $1.52 to $58.29 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for March ...

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MABUX: Bunker market this morning, Jan.30

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) changed insignificant and irregular on Jan.29: 380 HSFO – USD/MT 373.42(+0.34) VLSFO – USD/MT 585.00(-4.00) MGO – USD/MT 634.32(+0.46) Meantime, world oil indexes rose for a second day on Jan.29 as worries about the impact of the coronavirus outbreak and swelling crude inventories in the United States weighed on prices, while talk that OPEC could extend oil output cuts provided support. Brent for March settlement rose by $0.30 ...

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MABUX: Bunker market this morning, Jan.29

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs continued to decline on Jan.28: 380 HSFO – USD/MT – 372.55(-5.59) VLSFO – USD/MT – 591.00 (-8.00) MGO – USD/MT – 634.83(-9.99) Meantime, world oil indexes rose on Jan.28 gaining support from talk that OPEC and its allies might tighten the market amid fears the coronavirus could weigh on oil demand. Brent for March settlement increased by $0.19 to $59.51 a barrel on the London-based ICE Futures Europe ...

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MABUX: Bunker market this morning, Jan.28

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) dropped on Jan.27: 380 HSFO – USD/MT 378.14(-2.12) VLSFO – USD/MT 599.00(-10.00) MGO – USD/MT 644.82(-11.24) Meantime, world oil indexes fell on Jan.27 as the death toll from China’s coronavirus rose and more businesses were forced to shut down, stoking expectations of slowing oil demand. Brent for March settlement decreased by $1.37 to $59.32 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for ...

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MABUX: Bunker market this morning, Jan.24

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) demonstrated irregular changes on Jan.23: 380 HSFO – USD/MT 380.18(+0.70) VLSFO – USD/MT 615.00(-9.00) MGO – USD/MT 659.61(-7.82) Meantime, world oil indexes fell on Jan.23 on concern that the spread of a respiratory virus from China could lower fuel demand if it stunts economic growth. Brent for March settlement decreased by $1.17 to $62.04 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for ...

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