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

By the Oil Desk at Freight Investor Services.



Image credit:


Updated on 13 Feb 2018 09:11 GMT

Commentary

Brent closed down 0.20 last night to $62.59, WTI closed at $59.29, up 0.09. In oil you have the emergence of the U.S. which is now included in every single oil commentary, having become a factor the market cannot ignore any longer. The established OPEC order is changing as the old heads we have known so long are getting superseded. Another Monday and another statement from OPEC that they see demand increasing this year. I can only assume that guy I told you about who trades flat price in his undies from home fell asleep with his finger on the LIFT button at this mundane statement.

Fuel Oil Market (February 12)

The front crack opened at -10.20, strengthening to -9.60, before weakening to -9.65. The Cal 19 was valued at -14.50.

Asia's fuel oil market held steady on Monday amid limited trade activity in the physical and paper markets

Economic Data and Events

* 9am: IEA Monthly Oil Market report

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

* Egypt Petroleum Show in Cairo, 2nd day of 3

* World Government Summit, Dubai, final day

* Bloomberg-compiled Refinery Snapshot for U.S. and Canada; gives offline capacity projections for crude units and FCCs

Singapore 380 cSt

Mar18 - 350.50 / 352.50

Apr18 - 350.50 / 352.50

May18 - 350.25 / 352.25

Jun18 - 349.75 / 351.75

Jul18 - 348.50 / 350.50

Aug18 - 347.25 / 349.25

Q2-18 - 350.00 / 352.00

Q3-18 - 347.75 / 349.75

Q4-18 - 343.00 / 345.50

Q1-19 - 335.00 / 337.50

CAL19 - 300.50 / 303.50

CAL20 - 227.75 / 232.75

Singapore 180 cSt

Mar18 - 356.75 / 358.75

Apr18 - 356.50 / 358.50

May18 - 356.50 / 358.50

Jun18 - 355.75 / 357.75

Jul18 - 354.75 / 356.75

Aug18 - 353.50 / 355.50

Q2-18 - 356.25 / 358.25

Q3-18 - 354.00 / 356.00

Q4-18 - 349.75 / 352.25

Q1-19 - 343.25 / 345.75

CAL19 - 309.50 / 312.50

CAL20 - 238.50 / 243.50

Rotterdam Barges

Mar18 337.00 / 339.00

Apr18 337.25 / 339.25

May18 336.50 / 338.50

Jun18 335.75 / 337.75

Jul18 334.50 / 336.50

Aug18 332.75 / 334.75

Q2-18 336.50 / 338.50

Q3-18 332.50 / 334.50

Q4-18 324.00 / 326.50

Q1-19 315.50 / 318.00

CAL19 277.75 / 280.75

CAL20 214.75 / 219.75



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:

Oil and fuel oil hedging market update
Freight Investor Services Ltd.

Latest News:

Silverstream System hails air lubrication uptake ahead of 2020
Aegean secures final approval for initial set of motions
MoU signed to test fuel gas and bunkering systems in Busan
Oil and fuel oil hedging market update
Volatility as OPEC meeting comments emerge; draw in US oil stocks
Quadrise announces open offer to avert Jan winding down process
Aegean rejects Mercuria objections ahead of court hearing
Aegean files motion to protect confidential information
Verifavia inks cooperations with eight ROs for IMO DCS verification
Oil and fuel oil hedging market update
First US-based LNG-fuelled cruise ship to be named Mardi Gras
Wait-and-see sentiment ahead of OPEC and non-OPEC meetings




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
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