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Daily Bunker Report

MABUX: Bunker market this morning, Apr. 28

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs fell on Apr. 27: 380 HSFO – USD/MT – 208.11 (-1.79) VLSFO – USD/MT – 235.00 (-6.00) MGO – USD/MT – 314.95 (-12.91) Meantime, world oil indexes declined on Apr. 27 on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased. Brent for June settlement decreased by $1.45 to $19.99 a barrel on ...

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MABUX: Bunker market this morning, Apr.27

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) for the first time in last 7 days turned up on Apr.24: 380 HSFO – USD/MT – 212.58 (+6.14) VLSFO – USD/MT – 241.00 (+7.00) MGO – USD/MT – 327.87 (+6.18) Meantime, world oil indexes changed irregular on Apr.24 gaining further ground as some producers said they would move to cut output swiftly to try to counter the evaporation in global demand for fuels caused by the coronavirus ...

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MABUX: Bunker market this morning, Apr. 24

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs fell on Apr. 23: 380 HSFO – USD/MT – 206.44 (-2.69) VLSFO – USD/MT – 234.00 (-5.00) MGO – USD/MT – 321.69 (-8.23) Meantime, world oil indexes increased on Apr. 23 amid rising tensions in the Middle East, output cuts by producing nations to tackle oversupply and the promise of more government stimulus to ease the economic pain of the new coronavirus pandemic. Brent for June settlement increased ...

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MABUX: Bunker market this morning, Apr.23

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 Apr.22: 380 HSFO – USD/MT – 209.13 (-12.00) VLSFO – USD/MT – 239.00 (-18.00) MGO – USD/MT – 329.92 (-13.60) Meantime, world oil indexes changed irregular on Apr.22 supported partly by voluntary as well as the prospect of forced production cuts to tackle a glut caused by the coronavirus crisis. Brent for June settlement increased by $1.04 to $25.57 a barrel on the ...

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MABUX: Bunker market this morning, Apr. 22

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs fell on Apr. 21: 380 HSFO – USD/MT – 221.13 (-13.68) VLSFO – USD/MT – 257.00 (-16.00) MGO – USD/MT – 343.52 (-16.03) Meantime, world oil indexes continued to fall on Apr. 21 as the panic that sent U.S. May futures to below almost minus $40 per barrel on Monday bled further into the markets due to worries about the coronavirus pandemic’s effect on fuel demand in a ...

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MABUX: Bunker market this morning, Apr.21

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) slipped lower on Apr.20: 380 HSFO – USD/MT – 234.81(-2.69) VLSFO – USD/MT – 273.00 (-2.00) MGO – USD/MT – 359.55 (-3.03) Meantime, world oil indexes fell on Apr.20 with a U.S. crude futures contract hitting its lowest level ever, depressed by concern that U.S. crude storage will soon be full while companies prepare to report the worst quarterly earnings since the financial crisis. Besides, sell-off was exaggerated ...

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MABUX: Bunker market this morning, Apr. 16

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs decreased on Apr. 15: 380 HSFO – USD/MT – 241.29 (-7.73) VLSFO – USD/MT – 280.00 (-11.00) MGO – USD/MT – 365.63 (-12.60) Meantime, world oil indexes also decreased on Apr. 15 because of the pessimistic demand forecast from the International Energy Agency. Brent for June settlement decreased by $1.91 to $27.69 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for May fell by ...

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MABUX: Bunker market this morning, Apr.15

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) slipped lower on Apr.14: 380 HSFO – USD/MT – 249.02 (-2.92) VLSFO – USD/MT – 291.00 (-2.00) MGO – USD/MT – 378.23 (-2.65) Meantime, world oil indexes also fell on Apr.14 as investors were unconvinced that record supply cuts could soon balance markets pummelled by the coronavirus pandemic. Brent for June settlement decreased by $2.14 to $29.60 a barrel on the London-based ICE Futures Europe exchange. West Texas ...

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MABUX: Bunker market this morning, Apr. 14

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs decreased on Apr. 13: 380 HSFO – USD/MT – 251.94 (-2.14) VLSFO – USD/MT – 293.00 (-3.00) MGO – USD/MT – 380.88 (-1.33) Meantime, world oil indexes demonstrated irregular changes on Apr. 13. after the OPEC+ agreement, but there are concerns that it would not be enough to head off oversupply with the coronavirus pandemic hammering demand. Brent for June settlement increased by $0.26 to $31.74 a barrel ...

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MABUX: Bunker market this morning, Apr.09

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) changed irregular on Apr.08: 380 HSFO – USD/MT – 253.49 (+1.34) VLSFO – USD/MT – 299.00 (-5.00) MGO – USD/MT – 391.82 (-0.98) Meantime, world oil indexes also ended a trading session on Apr.08 with no firm trend amid hopes that a meeting between OPEC members and allied producers later today will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic. Brent for ...

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MABUX: Bunker market this morning, Apr. 08

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs decreased on Apr. 07: 380 HSFO – USD/MT – 252.51 (-3.04) VLSFO – USD/MT – 304.00 (-3.00) MGO – USD/MT – 392.80 (-2.44) Meantime, world oil indexes demonstrated irregular changes on Apr. 07 amid concerns, that any production cuts will be enough to rescue a market facing a potential demand loss of 20 million to 30 million barrels per day due to the coronavirus pandemic. Brent for June ...

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MABUX: Bunker market this morning, Apr.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 Apr.06: 380 HSFO – USD/MT – 255.19 (+5.21) VLSFO – USD/MT – 307.00 (+2.00) MGO – USD/MT – 395.24 (+2.51) Meantime, world oil indexes fell on Mar.06 after Saudi Arabia and Russia delayed a meeting to discuss output cuts that could help to reduce global oversupply as the coronavirus pandemic pummels demand. Brent for June settlement decreased by $1.06 to $33.05 a barrel on the ...

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MABUX: Bunker market this morning, Apr. 06

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs increased on Apr. 03: 380 HSFO – USD/MT – 249.98 (+8.97) VLSFO – USD/MT – 305.00 (+7.00) MGO – USD/MT – 392.73 (+6.78) Meantime, world oil indexes increased on Apr. 03 as OPEC delegates tried to keep alive talk of production cuts. Brent for June settlement increased by $4.17 to $34.11 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for May rose by $3.02 ...

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MABUX: Bunker market this morning, Apr.03

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs) continued slight downward movement on Apr.02: 380 HSFO – USD/MT – 241.01 (-0.29) VLSFO – USD/MT – 298.00 (-3.00) MGO – USD/MT – 385.95 (-5.57) Meantime, world oil indexes rose on Apr.02 after U.S. President Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their oil price war. Brent for June settlement increased by $5.20 to $29.94 a barrel on the ...

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MABUX: Bunker market this morning, Apr. 02

MABUX World Bunker Index (consists of a range of prices for 380 HSFO, VLSFO and MGO (Gasoil) in the main world hubs declined on Apr. 01: 380 HSFO – USD/MT – 241.83 (-1.84) VLSFO – USD/MT – 301.00 (-7.00) MGO – USD/MT – 391.52 (-6.50) Meantime, world oil indexes demonstrated irregular changes on Apr. 01 as the coronavirus crushes demand amid a price war that has flooded the market with extra supply and shows no signs of ending Brent for June settlement increased by $2.00 to $24.74 a barrel on ...

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