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Daily Bunker Report

MABUX: Bunker Prices to Keep Falling Today

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) decreased on May 22: 380 HSFO – 417.00 (-2.21) 180 HSFO – USD/MT – 464.64(-2.00) MGO – USD/MT – 662.43(-3.14) Meantime, world oil indexes also declined on May 22 as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war between Washington and Beijing would limit crude demand. Brent for July settlement decreased by $1.19 to $70.99 a barrel on ...

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MABUX: Bunker Market Volatility to Kick In Today

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and irregular on May 21: 380 HSFO – 441.87(-0.57) 180 HSFO – USD/MT – 478.05(+0.11) MGO – USD/MT – 702.90(-3.34) Meantime, world oil indexes also changed irregular on May 21 as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war between Washington and Beijing would limit crude demand. Brent for July settlement increased by $0.21 to $72.18 ...

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MABUX: Bunker market this morning, May 15.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and irregular on May 14: 380 HSFO – 414.86(-0.64) 180 HSFO – USD/MT – 462.57(-0.36) MGO – USD/MT – 660.50(+1.86) Meantime, world oil indexes changed irregular on May 14 after top exporter Saudi Arabia said explosive-laden drones launched by a Yemeni armed movement aligned to Iran had attacked facilities belonging to state oil company Aramco, although this was tempered somewhat by the escalating China-US trade ...

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MABUX: Bunker market this morning, May 14.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) did not have any firm trend on May 13: 380 HSFO – 415.50(+1.07) 180 HSFO – USD/MT – 462.93(+1.29) MGO – USD/MT – 658.64(+3.35) Meantime, world oil indexes changed irregular on May 13 on increasing concerns about supply disruptions in the Middle East. Brent for July settlement decreased by $0.39 to $70.23 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for June delivery ...

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MABUX: Bunker market this morning, May 13.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) did not have any firm trend on May 10: 380 HSFO – USD/MT – 414.43(-0.07) 180 HSFO – USD/MT – 461.64(0.00) MGO – USD/MT – 655.29(-0.71) Meantime, world oil indexes were mostly steady on May 10, ending last week slightly lower as trade tensions stoked by a U.S. move to hike tariffs on Chinese goods overshadowed tightened global supplies and expectations of rising U.S. refining demand. Brent ...

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MABUX: Bunker Prices Could Retreat Today

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed insignificant and irregular on May 07: 380 HSFO – USD/MT – 417.21(-3.00) 180 HSFO – USD/MT – 464.57(-2.29) MGO – USD/MT – 656.64(+2.21) Meantime, world oil indexes fell sharply on May 07 as the China-US trade war continues, sparking fears that global growth will be disappointing, despite a tightening of oil supplies in Venezuela and Iran in the wake of US sanctions. Brent for July settlement ...

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MABUX: Bunker market this morning, May 07

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) continued downward trend on May 06: 380 HSFO – USD/MT – 420.21(-6.08) 180 HSFO – USD/MT – 466.86(-6.00) MGO – USD/MT – 654.43(-0.36) Meantime, world oil indexes changed irregular on May 06 after U.S. President Donald Trump threatened to sharply increase tariffs on Chinese imports. Brent for July settlement increased by $0.39 to $71.24 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for ...

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MABUX: Bunker market this morning, May 06.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) demonstrated downward trend on May 03: 380 HSFO – USD/MT – 426.29(-5.57) 180 HSFO – USD/MT – 472.86(-6.71) MGO – USD/MT – 654.79(-1.21) Meantime, world oil indexes changed irregular on May 03 as strong U.S. economic data boosted demand sentiment and as production losses in sanctions-hit Iran and Venezuela tightened the market. Brent for July settlement increased by $0.10 to $70.85 a barrel on the London-based ICE ...

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MABUX: Bunker Prices Could Retreat Today

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) changed irregular on May 02: 380 HSFO – USD/MT – 431.86(-1.35) 180 HSFO – USD/MT – 479.57(+3.00) MGO – USD/MT – 656.00(+2.86) Meantime, world oil indexes dropped on May 02 as the market grappled with oversupply fears as increased U.S. sanctions on Iran had more gradual impact than expected and U.S. crude oil inventories rose sharply. Brent for July settlement decreased by $1.43 to $70.75 a barrel ...

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MABUX: Bunker market this morning, May 02

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) slightly rose on May 01 despite of celebration of the Labor Day in more than 170 countries: 380 HSFO – USD/MT – 433.21(+2.07) 180 HSFO – USD/MT – 476.57(+1.21) MGO – USD/MT – 653.14(+0.57) Meantime, world oil indexes changed irregular on May 01 after data showed record U.S. crude oil production, which resulted in a surge in stockpiles. Brent for July settlement increased by $0.12 to $72.18 ...

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MABUX: Bunker market this morning, Apr.30.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) turned into downward evolution on Apr.29: 380 HSFO – USD/MT – 436.36(-7.28) 180 HSFO – USD/MT – 484.21(-7.00) MGO – USD/MT – 653.79(-8.00) Meantime, world oil indexes changed irregular on expectations rising output from the United States and producer club OPEC would offset most of the shortfall expected from U.S. sanctions on Iran. Brent for June settlement decreased by $0.11 to $72.04 a barrel on the London-based ...

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MABUX: Bunker market this morning, Apr.29.

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) continued upward trend on Apr.26: 380 HSFO – USD/MT – 443.64(+6.35) 180 HSFO – USD/MT – 491.21(+5.28) MGO – USD/MT – 661.79(-1.50) Meantime, world oil indexes fell sharply on Apr.26 as the market reassessed the impact of U.S. sanctions on Iran. Brent for June settlement decreased by $2.20 to $72.15 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for June delivery lost $1.91 ...

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MABUX: Bunker Market To Stabilize

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, 180 HSFO and MGO (Gasoil) in the main world hubs) continued upward trend on Apr.24: 380 HSFO – USD/MT – 433.36(+5.15) 180 HSFO – USD/MT – 481.71(+5.35) MGO – USD/MT – 663.43(+3.43) Meantime, world oil indexes changed irregular on Apr.24 after data showed U.S. crude stockpiles surged to their highest levels since October 2017, countering fears of tight supply resulting from OPEC output cuts and U.S. sanctions on Venezuela and Iran. Brent for June settlement increased by ...

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MABUX – Bunker Market Trending Upwards

Global oil prices started the week by spiking around 3 percent on reports that Washington was preparing to announce that all buyers of Iranian oil will have to end those imports soon or face U.S. sanctions. Reuters cited a Washington Post article and sources stating that the U.S. will announce the termination of Iranian oil import sanctions waivers on Monday. The waivers move, granted by Trump in November, shocked global oil markets and created a supply overhang that the OPEC+ group of producers is now working to eliminate. Countries that ...

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MABUX – Bunker Market this morning 18th April

Crude prices declined slightly on Wednesday as U.S. government data showed inventories drew down less than an industry report had suggested on Tuesday. Brent crude rallied to its highest level this year early in the session, bolstered by an unexpected drop in U.S. crude inventories reported by trade group the American Petroleum Institute late on Tuesday. However, official data from the Energy Information Administration on Wednesday showed a 1.4 million-barrel crude drawdown, about half the API’s reported decline. “The rally overnight was predicated on a 3 million-barrel-per-day draw in crude ...

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