Rotterdam Market Report

Mon 21 Nov 2011, 11:20 GMT

Rotterdam Market Report

CRUDE:

WTI declined, widening its discount to Brent crude, on speculation that the reversal of the Seaway pipeline won’t be enough to eliminate a glut in the US Midwest.

BARGE MARKET:

No offers // bids.

HS ex wharf - Offers --/ Bids --

LS ex wharf 1,0% - Offers -- / Bids --

BUNKER MARKET:

Prompt product remains very tight. Below numbers not for prompt deliveries. Please note that problems with loading have spread to Antwerp, ongoing huge congestion at most of the Antwerp/Flushing refineries!

Big gap in prices due to different vision in market development between suppliers.

Dutch time: 11.20 hours

Fuel oil 380 cst rmg 35 - USD 615-620

Fuel oil 380 cst rmg 35 (LS 1,0) - USD 645-653

Marine Gas Oil .86/LS 0.1% - USD 967-970

Marine Gas oil dma LS 0.1% - USD956-959

MGO Netherlands Rotterdam (NL)


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