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


Singapore Market Commentary (with evening update)
Liow Liak Hong, Wired Bunkering Pte. Ltd.
12 Dec 2011 06:45 GMT





Liow Liak Hong, Wired Bunkering Pte. Ltd. Evening Price Update

Fueloil cargo concluded steady with marginal change, with a deal reported on screen. Gasoil cargo fell soft by about USD1.10/bbl and no deal being reported. Crude futures were showing weak as at 18:00 hrs local time here.

Delivered prices were quoted lower as expected, possibly tagging along the same curve as Crude sentiments. Meantime, our bunker indication is revised downward for all grades, amid average demand.

Morning Commentary

Crude futures for Jan values jumped higher last Friday to settle at USD99.41/bbl (+1.07/b) and USD108.62/bbl (+0.51/b) for the WTI Crude and ICE Brent respectively. However, Papers market opened mixed this morning. Fueloil paper gained USD3.00/MT while Gasoil paper was pegged softer by USD0.60/BBL.

We shall see how Cargoes' trading will react this afternoon. Meantime, our bunker indication remains broadly unchanged for all grades.


Related Links:

Company: Wired Bunkering Pte. Ltd.
Country: Singapore
Port: Singapore

Latest News:

Antwerp backs construction of five zero-emission barges
Bunker-themed playlist for end-of-year office party
Oil and fuel oil hedging market update
Oil starts off the week where it ended... around $63
Quadrise delivers presentation to shareholders at AGM
Tug beats fuel savings forecast in Azipod D trials
New report ranks biofuel as best zero-emission solution
LNG tank retrofit for large boxships gets DNV GL approval
Price volatility on mixed news and events
Oil and fuel oil hedging market update
ME-GI/ME-LGI dual-fuel engines reach 100,000 operating hours
GTT focuses on growing fuel-related services with 75% stake in Ascenz




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
Rotterdam
Santos
Singapore
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
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events