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Tag: bunker prices

MABUX expects bunker prices to continue moving in different directions

Over Week 24 of the year, the world bunker indices showed moderate irregular changes, according to Sergey Ivanov, director of Marine Bunker Exchange (MABUX). The...

Fuel markets show recovery signs amid fears of a second pandemic wave

Despite fears of a second wave of Covid-19, fuel markets rebounded last week, showing signs of improving fundamentals as global supplies continue to tighten. MABUX...

Oil price hikes push bunker costs

The price of crude has seen an uptick in the price of marine bunkers also, with both West Texas Intermediate and Brent Crude, the...

Fuel prices stabilise again

In the topsy turvy world of bunker fuel prices today has been a relatively quiet day. Overall fuel prices have stabilised after a significant...

Fuel prices slide on coronavirus outbreak fears

Fears that the global economy will go into recession following the latest statistics that show a decline in Eurozone and US growth as well...

Bunker costs stall amid market uncertainty (Daily bunker index – 3 Feb.)

A variety of market concerns have led to a slow down in the convergence of the price between VLSFO and HFO according to market...

Daily bunker index – 31 Jan.

On a global basis VLSFO fell by US$5/tonne and MGO fell by US$4.43/tonne. Regionally Northern Europe and Africa & Middle East were the regions...

Daily bunker index – Jan. 30

On a global basis VLSFO remained stable, while MGO fell by US$1.82/tonne. Regionally Northern Europe was the only region to see a decline in...

Daily bunker index – Jan. 29

On a global basis VLSFO fell by US$5/tonne and MGO increased slightly by US$0.39/tonne. Regionally Asia & Oceania saw the biggest decline in the...
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