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Daily Bunker Report

MABUX: Bunker market this morning, Mar. 27.

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 Mar. 26: 380 HSFO – USD/MT – 257.23 (+1.23) VLSFO – USD/MT – 326.00 (-4.00) MGO – USD/MT – 419.90 (+1.97) Meantime, world oil indexes decreased on Mar. 25 after the $2 trillion U.S. Covid-19 fiscal rescue left out the Trump administration’s plan to top up the country’s oil reserves in a bid to throw a lifeline to shale drillers. Brent for May settlement ...

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MABUX: Bunker market this morning, Mar.26

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 Mar.25: 380 HSFO – USD/MT – 258.46 (-0.49) VLSFO – USD/MT – 330.00 (+1.00) MGO – USD/MT – 417.93 (+1.10) Meantime, world oil indexes rose slightly on Mar.25, bolstered by progress on a massive pending U.S. economic stimulus package. Brent for May settlement increased by $0.24 to $27.39 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for May rose ...

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MABUX: Bunker market this morning, Mar.24

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) demonstrated slight downward trend on Mar.23: 380 HSFO – USD/MT – 258.85 (-3.97) VLSFO – USD/MT – 330.00 (-7.00) MGO – USD/MT – 419.19 (-7.02) Meantime, world oil indexes did not have firm trend on Mar.23 with demand still sliding as travel and industrial activity contracted across the globe in a bid to stem the spread of coronavirus. Brent for May settlement increased by $0.05 to $27.03 a ...

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MABUX: Bunker market this morning, Mar. 23

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs increased on Mar. 20: 380 HSFO – USD/MT – 262.82 (+7.38) VLSFO – USD/MT – 337.00 (+11.00) MGO – USD/MT – 426.21 (+9.81) Meantime, world oil indexes demonstrated irregular changes on Mar. 20 lower after doubts emerged over the significance of reports that U.S. authorities could be looking at methods of curbing domestic supply. Brent for May settlement decreased by $1.49 to $26.98 a barrel on the London-based ...

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MABUX: Bunker market this morning, Mar.20

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued firm downward trend on Mar.19: 380 HSFO – USD/MT – 255.44 (-6.92) VLSFO – USD/MT – 326.00 (-15.00) MGO – USD/MT – 416.40 (-11.29) Meantime, world oil indexes headed higher on Mar. 19, but gains are likely only temporary as the measures introduced to combat the coronavirus pandemic are likely have a drastic impact on global demand. Brent for May settlement increased by $3.59 to $28.47 a ...

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MABUX: Bunker market this morning, Mar. 19

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on Mar. 18: 380 HSFO – USD/MT – 262.36 (-8.18) VLSFO – USD/MT – 341.00 (-12.00) MGO – USD/MT – 427.69 (-9.49) Meantime, world oil indexes fell on Mar. 18 as the coronavirus outbreak threatened demand and crude producers promised more supply despite massive stimulus from major central banks. Brent for May settlement decreased by $3.85 to $24.88 a barrel on the London-based ICE Futures Europe exchange. ...

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MABUX: Bunker market this morning, Mar.18

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued firm downward trend on Mar.17: 380 HSFO – USD/MT – 270.54 (-6.72) VLSFO – USD/MT – 353.00 (-14.00) MGO – USD/MT – 437.18 (-13.84) Meantime, world oil indexes settled below $30 a barrel on Mar. 17 as the coronavirus pandemic slowed economic growth and oil demand. Brent for May settlement decreased by $1.32 to $28.73 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate ...

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MABUX: Bunker market this morning, Mar.17

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued firm downward trend on Mar.16: 380 HSFO – USD/MT – 277.26 (-11.53) VLSFO – USD/MT – 367.00 (-15.00) MGO – USD/MT – 451.02 (-16.83) Meantime, world oil indexes fell on Mar.16 as emergency rate cuts by the U.S. Federal Reserve and its global counterparts failed to tame markets and China’s factory output plunged at the sharpest pace in 30 years amid the spread of coronavirus. Brent for ...

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MABUX: Bunker market this morning, Mar. 16

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on Mar. 13: 380 HSFO – USD/MT – 288.79 (-2.35) VLSFO – USD/MT – 382 (-10.00) MGO – USD/MT – 467.85 (-7.17) Meantime, world oil indexes demonstrated irregular changes on Mar. 13 as the coronavirus outbreak threatened demand and crude producers promised more supply. Brent for May settlement increased by $0.63 to $33.85 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for April ...

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MABUX: Bunker market this morning, Mar. 13

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on Mar. 12: 380 HSFO – USD/MT – 291.14 (-6.11) VLSFO – USD/MT – 392.00 (-10.00) MGO – USD/MT – 478.90 (-7.17) Meantime, world oil indexes fell on Mar. 12 after President Donald Trump restricted travel to the United States from Europe as part of measures to try to halt the spread of coronavirus. The World Health Organization described the outbreak as a pandemic. Brent for May ...

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MABUX: Bunker market this morning, Mar.12

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) have turned into slight upward correction on Mar.11, the first time since Mar.05: 380 HSFO – USD/MT – 297.25 (+4.52) VLSFO – USD/MT – 402.00 (+7.00) MGO – USD/MT – 486.07 (+6.53) Meantime, world oil indexes changed irregular on Mar.11: Saudi Arabia and the United Arab Emirates announced plans to boost production capacity. Brent for May settlement decreased by $1.43 to $35.79 a barrel on the London-based ICE ...

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MABUX: Bunker market this morning, Mar. 11

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs continued to fall on Mar. 09: 380 HSFO – USD/MT – 290.94 (-18.27) VLSFO – USD/MT – 393.00 (-35.00) MGO – USD/MT – 477.75 (-32.44) Meantime, world oil indexes increased on Mar. 10 after the biggest one-day rout in nearly 30 years, amid the possibility of economic stimulus. At the same time, a looming price war weighed on sentiment. Brent for May settlement increased by $2.86 to $37.22 ...

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MABUX: Bunker market this morning, Mar.10

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) dropped sharply on Mar.09: 380 HSFO – USD/MT – 309.21(-28.47) VLSFO – USD/MT – 428.00 (-37.00) MGO – USD/MT – 510.19 (-37.68) Meantime, world oil indexes also fell on Mar.09 after Saudi Arabia cut its official prices in a market already reeling from the impact of the coronavirus on global demand. Brent for May settlement decreased by $10.91 to $34.36 a barrel on the London-based ICE Futures Europe ...

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MABUX: Bunker market this morning, Mar. 09

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs decreased on Mar. 06: 380 HSFO – USD/MT – 337.68 (-6.42) VLSFO – USD/MT – 465.00 (-4.00) MGO – USD/MT – 547.87 (-6.58) Meantime, world oil indexes also fell on Mar. 06 after Russia refused to back Saudi Arabia and other allies in OPEC on deeper production cuts to offset demand lost to the coronavirus. Brent for May settlement decreased by $4.72 to $45.27 a barrel on the ...

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MABUX: Bunker market this morning, Mar.06

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued downward evolution on Mar.05: 380 HSFO – USD/MT – 344.10(-2.88) VLSFO – USD/MT – 469.00(-3.00) MGO – USD/MT – 554.45(-3.10) Meantime, world oil indexes fell on Mar.05 as the coronavirus epidemic showed no signs of slowing, and while major producers agreed on deeper output cuts to bolster prices, they could not immediately secure Russian support for the decision. Brent for May settlement decreased by $1.14 to $49.99 ...

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