Fri 3 Jul 2015 09:25

WTI vs BIX price comparison


Analysis of WTI crude vs the BIX global bunker price during the month of June.



The average monthly WTI crude price rose slightly during the month of June whilst the global bunker average recorded a decrease, according to Bunker Index (BIX) and New York Mercantile Exchange (NYMEX) price data.

The WTI settlement average was up by $0.43 per barrel, or 0.72 percent, to $59.86 per barrel in June. During the same period, the BIX global bunker average was down by $8.48 per tonne, or 1.56 percent, to $535.52 per tonne.

Over the last 12 months - between June 2014 and June 2015 - the WTI monthly average has fallen by $45.27 per barrel, or 43.06 percent, from $105.13 to $59.86 per barrel, whilst the BIX monthly global average has declined by $258.29 per tonne, or 32.54 percent, from $793.81 to $535.52 per tonne.

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

Month WTI Average($/bbl) +/- +/-(%)
Jun 2015 59.86 +0.43 +0.72
May 2015 59.43 +4.74 +8.67
Apr 2015 54.69 +6.80 +14.20
Mar 2015 47.89 -2.96 -5.82
Feb 2015 50.85 +3.49 +7.36
Jan 2015 47.36 -11.95 -20.15
Dec 2014 59.31 -16.17 -21.42
Nov 2014 75.48 -8.85 -10.49
Oct 2014 84.33 -8.80 -9.45
Sep 2014 93.13 -2.32 -2.43
Aug 2014 95.45 -7.00 -6.83
Jul 2014 102.45 -2.68 -2.26
Jun 2014 105.13 +3.23 +3.17
May 2014 101.90 -0.12 -0.12
Apr 2014 102.02 +1.52 +1.51
Mar 2014 100.50 -0.18 -0.18
Feb 2014 100.68 +5.86 +6.18
Jan 2014 94.82 -3.07 -3.14
Dec 2013 97.89 +4.02 +4.28
Nov 2013 93.87 -6.70 -6.66
Oct 2013 100.57 -5.67 -5.34
Sep 2013 106.24 -0.31 -0.29
Aug 2013 106.55 +2.01 +1.92
Jul 2013 104.54 +8.74 +9.12
Jun 2013 95.80 +1.05 +1.11
May 2013 94.75 +0.68 +0.74
Apr 2013 92.07 -0.91 -0.98
Mar 2013 92.98 -0.39 -0.42
Feb 2013 93.37 -1.52 -1.60
Jan 2013 94.89 +6.64 +7.52
Dec 2012 88.25 +1.49 +1.72
Nov 2012 86.76 -2.81 -3.14
Oct 2012 89.57 -4.99 -5.28
Sep 2012 94.56 +0.39 +0.41
Aug 2012 94.17 +6.24 +7.10
Jul 2012 87.93 +5.53 +6.71
Jun 2012 82.40 -12.32 -13.00
May 2012 94.72 -8.63 -8.35
Apr 2012 103.35 -2.90 -2.73
Mar 2012 106.25 +3.84 +3.75
Feb 2012 102.41 +2.09 +2.08
Jan 2012 100.32 +1.74 +1.77
Dec 2011 98.58 +1.42 +1.46
Nov 2011 97.16 +10.73 +12.41
Oct 2011 86.43 +0.82 +0.96
Sep 2011 85.61 -0.75 -0.87
Aug 2011 86.36 -10.99 -11.29
Jul 2011 97.35 +1.01 +1.05
Jun 2011 96.34 -5.02 -4.95
May 2011 101.36 -8.69 -7.90
Apr 2011 110.05 +7.06 +6.86
Mar 2011 102.98 +12.96 +14.39
Feb 2011 90.03 +0.45 +0.50
Jan 2011 89.58


Month BIX Average ($/mt) +/- ($) +/- (%)
Jun 2015 535.52 -8.48 -1.56
May 2015 544.00 +30.94 +6.03
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 +0.4
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


The Buffalo 404 barge, owned by Buffalo Marine Service Inc., performing a bunker delivery. TFG Marine installs first ISO-certified mass flow meter on US Gulf bunker barge  

Installation marks expansion of company's digitalisation programme across global fleet.

Sogestran's fuel supply vessel, the Anatife, at the port of Belle-Île-en-Mer. Sogestran's HVO-powered tanker achieves 78% CO2 reduction on French island fuel runs  

Small tanker Anatife saves fuel while supplying Belle-Île and Île d'Yeu.

Crowley 1,400 TEU LNG-powered containership, Tiscapa. Crowley deploys LNG-powered boxship Tiscapa for Caribbean and Central American routes  

Vessel is the third in company's Avance Class fleet to enter service.

The inland LNG bunker vessel LNG London. LNG London completes 1,000 bunkering operations in Rotterdam and Antwerp  

Delivery vessel reaches milestone after five years of operations across ARA hub.

The M.V. COSCO Shipping Yangpu, China's first methanol dual-fuel containership. COSCO vessel completes maiden green methanol bunkering at Yangpu  

China's first methanol dual-fuel containership refuels with green methanol derived from urban waste.

Carsten Ladekjær, CEO of Glander International Bunkering. Glander International Bunkering reports stable performance amid regulatory changes  

Bunker trader achieves $3bn turnover and $22m pre-tax earnings for fiscal 2024-25.

Map of the Mediterranean Sea ULSFO demand surges in Med as ECA compliance drives fuel shift  

KPI OceanConnect reports accelerating ULSFO uptake across the region.

The Zale performing a bunker delivery. Monjasa reports Singapore as top bunker supply port with over 1 MMT delivered  

Supplier says world's largest bunkering hub became its biggest supply location in 2024.

Steel cutting ceremony for the 7,999 DWT chemical bunker tanker Lucia Cosulich at Taizhou Maple Leaf Shipbuilding Co., Ltd. in China. Fratelli Cosulich begins construction of second methanol-ready bunker tanker  

Italian firm starts steel cutting for 7,999 DWT chemical bunker vessel.

Petrobras logo. Petrobras introduces volume-based price discounts at Santos  

Brazilian oil company offers progressive discounts for bunker deliveries exceeding 1,500 tonnes.


↑  Back to Top