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Daily Bunker Report

MABUX: Bunker market this morning, Apr.01

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 Mar.31: 380 HSFO – USD/MT – 243.67 (-5.29) VLSFO – USD/MT – 308.00 (-6.00) MGO – USD/MT – 398.02 (-6.55) Meantime, world oil indexes firmed on Mar. 31 after U.S. President Donald Trump and Russian counterpart Vladimir Putin agreed to talks aimed at stabilising energy markets. Brent for May settlement decreased by $0.02 to $22.74 a barrel on the London-based ICE Futures Europe ...

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MABUX: Bunker market this morning, Mar.31

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 Mar.30: 380 HSFO – USD/MT – 248.96 (-4.39) VLSFO – USD/MT – 314.00 (-2.00) MGO – USD/MT – 404.57 (-2.39) Meantime, world oil indexes also fell on Mar.30 on heightened fears that the global coronavirus shutdown could last months and demand for fuel could decline further. Brent for May settlement decreased by $2.17 to $22.76 a barrel on the London-based ICE Futures Europe ...

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MABUX: Bunker market this morning, Mar.30

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.27: 380 HSFO – USD/MT – 253.35 (-3.88) VLSFO – USD/MT – 316.00 (-10.00) MGO – USD/MT – 406.96 (-12.94) Meantime, world oil indexes also fell on Mar.27 as demand destruction caused by the coronavirus outweighed stimulus efforts by policymakers around the world. Brent for May settlement decreased by $1.41 to $24.93 a barrel on the London-based ICE Futures Europe exchange. West Texas Intermediate for May ...

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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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