Oil and fuel oil hedging market update

By the Oil Desk at Freight Investor Services.



Image credit:


Updated on 10 Aug 2018 10:36 GMT

Fuel Oil Market (Aug 9)

The front crack opened at -8.55, strengthening to -8.30, before weakening to -8.35, closing -8.20. The Cal 19 was valued at -14.25

Economic data/events (Times are London.)

* 9am: IEA monthly Oil Market Report, along with Annual Statistical Supplement

* 6pm: Baker Hughes rig count

* 6:30pm: ICE weekly commitments of traders report for Brent, gasoil

* 8:30pm: CFTC weekly commitments of traders report on various U.S. futures and options contracts

* ICE gasoil August contract expires

* EARNINGS: Gazprom

Singapore 380 cSt

Sep18 - 426.50 / 428.50

Oct18 - 420.50 / 422.50

Nov18 - 416.50 / 418.50

Dec18 - 413.25 / 415.25

Jan19 - 410.00 / 412.00

Feb19 - 407.00 / 409.00

Q4-18 - 416.75 / 418.75

Q1-19 - 407.00 / 409.00

Q2-19 - 397.75 / 400.25

Q3-19 - 381.75 / 384.25

CAL19 - 381.75 / 384.75

CAL20 - 312.25 / 318.25

Singapore 180 cSt

Sep18 - 434.50 / 436.50

Oct18 - 429.75 / 431.75

Nov18 - 426.25 / 428.25

Dec18 - 423.50 / 425.50

Jan19 - 420.75 / 422.75

Feb19 - 418.00 / 420.00

Q4-18 - 426.50 / 428.50

Q1-19 - 418.00 / 420.00

Q2-19 - 410.75 / 413.25

Q3-19 - 397.25 / 399.75

CAL19 - 396.75 / 399.75

CAL20 - 335.25 / 341.25

Rotterdam 3.5%

Sep18 - 405.00 / 407.00

Oct18 - 399.75 / 401.75

Nov18 - 395.75 / 397.75

Dec18 - 392.25 / 394.25

Jan19 - 390.00 / 392.00

Feb19 - 387.75 / 389.75

Q4-18 - 395.75 / 397.75

Q1-19 - 387.25 / 389.25

Q2-19 - 378.00 / 380.50

Q3-19 - 357.75 / 360.25

CAL19 - 359.75 / 362.75

CAL20 - 297.00 / 303.00



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 call +44 20 7090 1120, or email info@freightinvestor.com.