Crude prices have inched higher over the last few days; however rise in prices have not translated to physical bunker market as holidays muted trading activity...
Bunker demand remains average in Singapore; prompt supply tight in Zhoushan; steady VLSFO and LSMGO supply in Saudi Arabia’s Jeddah.
Demand rises in Houston; tight availability in West Coast ports; very prompt availability is tight in New York.
Bunker supply normal in the ARA hub; prompt availability good in Las Palmas; VLSFO supply normal in Durban.
In the bunker market, prices (VLSFO 0.5%, Singapore) have remained rangebound over the last week; Singapore HSFO tight for large volumes following strong demand in recent...
Low demand in Houston; bad weather disrupts GOLA and Zona Comun bunkering; very prompt availability tight in New York.
Availability is tight off Skaw; demand improves in Piraeus and Malta; VLSFO supply available for non-prompt dates in Durban.
Bunker supply is good in South Korean ports; steady VLSFO and LSMGO supply across several Australian ports; bunker demand dips in Fujairah.
High demand and low stocks make VLSFO resilient to Brent; rising concerns of supply disruption drive LNG prices higher; bio-bunker premium over conventional VLSFO narrows further.
EIA's US crude oil stockpiles rose (+2.7mbbls) last week, structural problems remain in China despite some positive signals, and strong non-OPEC supply all played an influence...
