Availability is normal in the ARA; subdued bunker demand off Malta; VLSFO runs dry in Nacala and Maputo.
Total bunker sales at Panama was 375,848 mt in April 2024, compared to sales of 384,656 mt during the similar period in 2023, according to PMA...
On 15 April, intraday volatility was heightened, Brent as low as $81.05 and hitting highs of $83.07, over $2/bbl spread, which equates to roughly $12/mt in...
Bunker supply is normal in the ARA hub; bunkering partially suspended in Las Palmas; LSMGO very tight in Maputo.
Bunker demand improves in Singapore; VLSFO and LSMGO supply good across several Chinese and Australian ports; tight VLSFO and LSMGO supply across several Indian ports.
Bunker prices open relatively unchanged on 14 May, mirroring crude and product prices, ahead of key data releases.
HSFO cheapest fuel in Singapore and Rotterdam; HSFO over $200/mt cheaper than bio-blends; bio-bunker demand sluggish in Singapore.
China saw a drop in its bonded bunker fuel sales in April as it sold about 1.63 million mt of bonded bunker fuel due lower production...
Physical bunker prices rallied by $10pmt in the USGC (VLSFO 0.5%), which saw a large jump in price differentials among suppliers.
Bunkering delayed in Houston; prompt availability is tight in Los Angeles; rough weather disrupts Zona Comun bunkering.