Tue 5 May 2015, 07:51 GMT

Brent vs BIX price comparison


Analysis of Brent crude vs the BIX global bunker price in April.



The average global bunker price rose at a less significant rate than Brent crude during the month of April, according to Bunker Index (BIX) and Intercontinental Exchange (ICE) price data.

The Brent settlement average increased by $4.34 per barrel, or 7.62 percent, to $61.28 per barrel in April. During the same period, the BIX global bunker average was up by just $0.31 per tonne, or 0.06 percent, to $513.06 per tonne.

Since April 2014, the Brent monthly average has fallen $46.81 per barrel, or 43.3 percent, from $108.09 to $61.28 per barrel, whilst the BIX monthly global average has declined by $275.90 per tonne, or 34.97 percent, from $788.96 to $513.06 per tonne.

Please find below tables of monthly WTI crude settlement averages and BIX global bunker averages between January 2011 and April 2015.

Month Brent Average($/bbl) +/- +/-(%)
Apr 2015 61.28 +4.34 +7.62
Mar 2015 56.94 -1.86 -3.16
Feb 2015 58.80 +9.04 +18.17
Jan 2015 49.76 -13.51 -21.35
Dec 2014 63.27 -16.36 -20.55
Nov 2014 79.63 -8.42 -9.56
Oct 2014 88.05 -10.52 -10.67
Sep 2014 98.57 -4.83 -4.67
Aug 2014 103.40 -4.84 -4.47
Jul 2014 108.24 -3.73 -3.33
Jun 2014 111.97 +2.79 +2.56
May 2014 109.18 +1.09 +1.01
Apr 2014 108.09 -0.34 -0.32
Mar 2014 107.75 -1.09 -1.00
Feb 2014 108.84 +1.79 +1.67
Jan 2014 107.05 -3.65 -3.30
Dec 2013 110.70 +2.80 +2.59
Nov 2013 107.90 -1.54 -1.41
Oct 2013 109.44 -1.81 -1.63
Sep 2013 111.25 +0.87 +0.79
Aug 2013 110.38 +3.01 +2.80
Jul 2013 107.37 +4.03 +3.90
Jun 2013 103.34 +0.06 +0.06
May 2013 103.28 -0.15 -0.15
Apr 2013 103.43 -6.11 -5.58
Mar 2013 109.54 -6.49 -5.59
Feb 2013 116.03 +3.75 +3.34
Jan 2013 112.28 +3.08 +2.82
Dec 2012 109.20 -0.19 -0.17
Nov 2012 109.39 -2.08 -1.87
Oct 2012 111.47 -1.56 -1.38
Sep 2012 113.03 +0.35 +0.30
Aug 2012 112.68 +9.96 +9.70
Jul 2012 102.72 +6.79 +7.08
Jun 2012 95.93 -14.36 -13.02
May 2012 110.29 -10.20 -8.47
Apr 2012 120.49 -4.05 -3.25
Mar 2012 124.54 +5.48 +4.60
Feb 2012 119.06 +7.61 +6.83
Jan 2012 111.45 +3.73 +3.46
Dec 2011 107.72 -2.76 -2.50
Nov 2011 110.48 +1.69 +1.55
Oct 2011 108.79 -0.98 -0.89
Sep 2011 109.77 -0.16 -0.15
Aug 2011 109.93 -6.82 -5.84
Jul 2011 116.75 +3.03 +2.66
Jun 2011 113.72 -0.80 -0.70
May 2011 114.52 -8.57 -6.96
Apr 2011 123.09 +8.42 +7.34
Mar 2011 114.67 +10.64 +10.23
Feb 2011 104.03 +7.14 +7.37
Jan 2011 96.89


Month BIX Average ($/mt) +/- ($) +/- (%)
Apr 2015 513.06 +0.31 +0.06
Mar 2015 512.75 -5.65 -1.09
Feb 2015 518.40 +23.79 +4.80
Jan 2015 494.61 -65.54 -11.70
Dec 2014 560.15 -89.61 -13.79
Nov 2014 649.76 -50.57 -7.22
Oct 2014 700.33 -53.49 -7.10
Sep 2014 753.82 -15.61 -2.03
Aug 2014 769.43 -13.33 -1.70
Jul 2014 782.76 -11.05 -1.39
Jun 2014 793.81 +4.76 +0.6
May 2014 789.05 +0.09 +0.01
Apr 2014 788.96 -3.85 -0.5
Mar 2014 792.81 -0.82 -0.1
Feb 2014 793.63 +5.78 +0.7
Jan 2014 787.85 -5.72 -0.7
Dec 2013 793.57 +11.58 +1.48
Nov 2013 781.99 -9.31 -1.18
Oct 2013 791.30 -7.95 -1.0
Sep 2013 799.25 +2.96 +0.37
Aug 2013 796.29 +5.44 +0.7
Jul 2013 790.85 +4.29 +0.5
Jun 2013 786.56 -0.05 -0.006
May 2013 786.61 -4.64 -0.6
Apr 2013 791.25 -25.71 -3.1
Mar 2013 816.96 -27.77 -3.3
Feb 2013 844.73 +21.31 +2.6
Jan 2013 823.42 +19.38 +2.4
Dec 2012 804.04 -6.05 -0.7
Nov 2012 810.09 -23.85 -2.9
Oct 2012 833.94 -19.14 -2.2
Sep 2012 853.08 +20.09 +2.4
Aug 2012 832.99 +47.42 +6.0
Jul 2012 785.57 +10.62 +1.4
Jun 2012 774.95 -70.59 -8.3
May 2012 845.54 -43.51 -4.9
Apr 2012 889.05 -13.09 -1.5
Mar 2012 902.14 +28.38 +3.2
Feb 2012 873.76 +24.73 +2.9
Jan 2012 849.03 +30.85 +3.8
Dec 2011 818.18 -16.64 -2.0
Nov 2011 834.82 +20.21 +2.5
Oct 2011 814.61 -5.29 -0.6
Sep 2011 819.90 +0.52 +0.06
Aug 2011 819.38 -15.42 -1.8
Jul 2011 834.80 +11.61 +1.4
Jun 2011 823.19 +1.11 +0.1
May 2011 822.08 -24.57 -2.9
Apr 2011 846.65 +46.40 +5.8
Mar 2011 800.25 +71.17 +9.8
Feb 2011 729.08 +62.34 +9.3
Jan 2011 666.74 +29.67 +4.7


Eleven Energy logo. Eleven Energy recruiting trader for new Singapore office  

Saudi bunkering firm looking to hire in Asian city-state ahead of planned January 2027 start date.

Singapore skyline. VPS advertises for bunker surveyor role in Singapore  

Testing and inspection firm seeks candidate to conduct bunker fuel surveys under Singapore Standards SS 648 and SS 600.

RCL vessels naming ceremony. RCL names first three of eight dual-fuel-ready 4,488-TEU vessels in China  

Regional Container Lines takes delivery of Anitta Bhum on day of naming ceremony.

Peak Skarv 4 vessel. Skarv Shipping completes newbuilding programme with delivery of ammonia-ready Peak Skarv 4  

Short-sea operator takes delivery of fourth vessel from Huanghai Shipyard, with ammonia-fuelled vessel next.

Diamond Gas Nexus vessel. NYK names dual-fuel LNG carrier for Cameron LNG project  

New vessel to support LNG transportation for US project in which Mitsubishi Corporation and NYK participate.

ULSTEIN SX222 offshore wind vessel render. PaxOcean signs design contract with Ulstein for methanol-ready offshore wind vessel  

PaxOcean and Ulstein agree design contract for an SX222 service operation vessel, prepared for methanol and electric operations.

NYK and IMO officials. NYK shares two years of ammonia-fuelled tugboat data with IMO  

Shipping company presents operational insights from Sakigake and updates on its ammonia-fuelled gas carrier at IMO session.

Type approval test (TAT) for H35CDF engine. HD Hyundai completes type approval test for new LNG dual-fuel engine  

Latest HiMSEN engine is claimed to offer reduced methane slip compared with previous models.

Flag of Brazil. Petrobras resumes bunkering operations at Rio Grande Terminal after power restoration  

Brazilian supplier restarts marine fuel supply after completing an inspection following an electricity outage.

Stena E-Flexer vessel render. Stena RoRo orders battery-ready E-Flexer 2.0 ferries from Chinese yard  

Vessels include diesel engines capable of running on biodiesel and are methanol-ready.