BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Oil and fuel oil hedging market update

08 Aug 2017 07:54 GMT

By the Oil Desk at Freight Investor Services.



By the Oil Desk at Freight Investor Services Ltd.

Brent closed down $0.05 last night to $52.37 and WTI closed at $49.39 down $0.19. Oil remains firmly stuck in a stubborn range. I think it's clear that nothing will come out of the meeting from Abu Dhabi taking place this week - there may be a small spike, but 20 minutes later the meeting rooms will be cleaned up and people get back to the reality that not much is going to push us past $55 and not much is going to allow us to fall much lower than $47.50. The only thing that can possibly start stoking some real interest is if there is any sort of a deepening of the cuts, but alas that's not going to happen as we know who is willing and able to jump straight in those shoes as quickly as Peppa Pig will jump in to a muddy puddle. So, inevitably, people will be watching for US stats from API later and then EIA figures tomorrow. I kind of want the EIA to not send a report for a week; I wonder what the oil market would do then? Would it wake up bleary-eyed realizing there is actually more to the oil market than weekly US data? Or would it miss it in the same way as when you've lost your mobile phone and won't get a replacement for a whole day?

Economic Data/Events: (UK times)

* 11am: NIFB Small Business Optimism, July

* 3pm: U.S. JOLTS Job Openings, June

* 5pm: EIA releases Short-Term Energy Outlook

* 9:30pm: API issues weekly U.S. oil inventory report

Singapore 380 cSt

Sep17 - 308.25 / 310.25

Oct17 - 307.50 / 309.50

Nov17 - 306.75 / 308.75

Dec17 - 306.00 / 308.00

Jan18 - 305.25 / 307.25

Feb18 - 304.75 / 306.75br>
Q4-17 - 306.75 / 308.75

Q1-18 - 305.00 / 307.00

Q2-18 - 304.75 / 307.25

Q3-18 - 304.50 / 307.00

CAL18 - 303.50 / 307.00

CAL19 - 296.75 / 301.75

CAL20 - 273.00 / 280.00

Singapore 180 cSt

Sep17 - 313.25 / 315.25

Oct17 - 313.00 / 315.00

Nov17 - 312.50 / 314.50

Dec17 - 312.25 / 314.25

Jan18 - 312.00 / 314.00

Feb18 - 311.75 / 313.75

Q4-17 - 312.75 / 314.75

Q1-18 - 312.00 / 314.00

Q2-18 - 312.00 / 314.50

Q3-18 - 312.00 / 314.50

CAL18 - 310.75 / 314.25

CAL19 - 308.00 / 313.00

CAL20 - 282.00 / 289.00

Rotterdam 380 cSt

Sep17 295.25 / 297.25

Oct17 292.00 / 294.00

Nov17 289.50 / 291.50

Dec17 287.25 / 289.25

Jan18 288.25 / 290.25

Feb18 288.50 / 290.50

Q4-17 289.75 / 291.75

Q1-18 289.25 / 291.25

Q2-18 290.00 / 292.50

Q3-18 290.00 / 292.50

CAL18 289.25 / 292.75

CAL19 278.50 / 283.50

CAL20 252.50 / 259.50



Founded in 2002, Freight Investor Services is a specialist in dry bulk and commodity derivatives, including cargo freight, iron ore, fertilizer and bunker fuel. The company has offices in London, Dubai, Singapore and Shanghai.

For further details about fuel oil swaps or to discuss trading opportunities, please contact Andrew Cullen, Client Relations & Development Manager, on +44 207 090 1126, or email AndrewC@freightinvestor.com.




Related Links:

Freight Investor Services Ltd.

Latest News:

Another first for Wartsila as wireless charging for hybrid coastal ferry is 'successfully' tested
Scandlines hails bunker-saving summer for hybrid ferries
BHP, GoodFuels to collaborate on biofuel bunker project in Singapore
The OPEC / non-OPEC meeting takes centre stage
Oil and fuel oil hedging market update
Fluxys focuses investment on Zeebrugge's fifth LNG tank and second jetty
Rolls-Royce and Inmarsat sign ship energy management agreement
Bullish market sentiment remains, short-term dark horse could be meeting comments
Oil and fuel oil hedging market update
Dorian LPG and ABS to conduct feasibility study of LPG as marine fuel
CO2 reduction addressed at ECSA seminar
World's first dual-fuel boxship conversion completed




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Events
Upcoming Events