Baltic Exchange: Bunker Report (4 April, 2024)

The following bunker report has been provided by freight market information provider Baltic Exchange for post on Singapore bunkering publication Manifold Times:

Commentary:

Crude prices increased again dragging the price of bunkers with it across the board. Yesterday Brent settled up 43 cents to $89.35 per barrel and WTI was up 28 cents to $85.43 per barrel. OPEC ministers also met this week keeping their output policy unchanged.

Note:

All values are in US$/metric ton, all-in (invoice price), delivered on board
Delivery in 7-10 days
ISO 8217:2010
IFO 380 3.5% Sulphur
IFO 380 0.5% Sulphur
DMA 0.1% Sulphur

Rotterdam – Waalhaven – Maasvlakte range
Houston – Houston Harbor
Singapore – Anchorage, under SBA Scheme
Fujairah – Offshore Anchorage Area

Submitted weekly at Close of Business on Thursdays

Panellists:
Island Oil Limited, Cockett Marine Oil Pte, Monjasa A/S, KPI OceanConnect, Transparensea Fuels

Photo credit and source: Baltic Exchange
Published: 5 April 2024