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- MABUX ARA LNG Bunker Index
Click to see more LNG Bunker IndexesPort LNG$/mton MGO LS$/mton Date ARA 728.77+33.57967.00+19.00Sep 14 - MABUX Global Bunker Index
Click to see Regional Bunker Indexes380HSFO$/mton VLS FO$/mton MGO LS$/mton Date 583.71+1.16692.77+1.371 026.65+9.57Sep 22 - MBP INDEX vs DBP INDEX (ICE/NYMEX)
Click to see more detailsAll Indexesin $/mton380HSFO VLS FO MGO LS Date MBP Index DBP Index Diff MBP Index DBP Index Diff MBP Index DBP Index Diff Rotterdam 585589-4 619693-74 9671 075-108 Sep 22 Singapore 528595-67 663699-36 9461 084-138 Sep 22 Fujairah 514608-94 655694-39 9741 132-158 Sep 22 Houston 564565-1 660702-42 1 0151 049-34 Sep 22 - Analytical Section
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- Latest News
- 2023-09-23
JPMorgan Analyst Sees Energy Supercycle With Oil As High As $150
JPMorgan’s head of EMEA energy equity research, Christyan Malek, warned markets on Friday that the recent Brent price surge could continue upwards to $150 per barrel by 2026, according to a new research report. Several catalysts went into the $150... Read more - 2023-09-23
Goldman Sachs Predicts $100 Oil As Renewable Transition Falters
This week, Goldman Sachs raised its oil price target to $100 again. The bank cited lower OPEC output combined with higher demand, which taken together, "more than offset significantly higher U.S. supply." The average gas price in the U.S. on September... Read more - 2023-09-23
Oil price spike does not change ECB's view on inflation-Villeroy
Bank of France head Francois Villeroy de Galhau, a governing council member of the European Central Bank (ECB), said on Saturday that the spike in oil and fuel prices did not change the ECB's objective to bring inflation back towards 2% by 2025. "Gasoline... Read more - 2023-09-22
ASIA PACIFIC: ICS opens new Representative Office in Shanghai
The International Chamber of Shipping (ICS) has opened a new Representative Office in Shanghai located in the North Bund area of the city’s Hongkou District. In a statement sent to Bunkerspot today (22 September), the ICS said this move follows the... Read more
- 2023-09-22
EUROPE: ORLEN TO BUILD OILSEED PROCESSING PLANT TO BOOST BIOFUELS CAPABILITY
ORLEN Południe, a part of the ORLEN Group, has signed a contract for the construction of a new oilseed processing plant located at Kętrzyn in the Polish Province of Olsztyn. In a statement issued yesterday (21 September), ORLEN said that the plant... Read more
- 2023-09-22
GLOBAL: SCZONE AND SHELL DISCUSS GREEN FUEL PROJECTS, LNG BUNKERING
A delegation from the Suez Canal Economic Zone (SCZONE) has met with Shell officials to discuss green hydrogen projects as well as the possibility to establish LNG bunkering operations in Egyptian ports. Headed by SCZONE Chairman, Waleid Gamal El-Dien,... Read more
- 2023-09-22
ASIA PACIFIC: TEN YEARS AT THE TOP FOR SINGAPORE
Singapore has retained its ranking as the world’s top maritime centre in the Xinhua- Baltic International Shipping Centre Development (ISCD) Index for the tenth consecutive year. The latest Xinhua-Baltic ISCD index published this year by the Baltic... Read more
- 2023-09-22
Morgan Stanley Says All Oil Signals Flashing Tightness
The price for Brent has risen, Morgan Stanley said in a note on Thursday, and all signals for crude oil are “flashing tightness,” with prices being supported at current levels. “Not only has Brent flat price risen, but calendar spreads have rallied,... Read more - 2023-09-22
Oil prices rise as supply concerns outweigh demand fears
Oil prices rose on Friday as concerns that a Russian ban on fuel exports could tighten global supply outweighed fears that further U.S. interest rate hikes could dent demand, but they were still headed for their first weekly loss in four weeks. Brent... Read more - 2023-09-22
Oil faces first weekly decline in a month amid Federal Reserve signals
The oil market is bracing for its first weekly decline in four weeks, driven by the Federal Reserve's signals of potential interest rate hikes within the year. The anticipation of higher borrowing costs has curbed the appeal for riskier assets like oil,... Read more
- 2023-09-23