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The Weekly MABUX Bunker Index

Index shows bunker prices steadily increasing

With crude oil prices steadily climbing in price after the April shocks the bunker fuel prices have, as expected, followed suit and have edged...

Testing group says VLSFO non-compliance declining

Veritas Petroleum Services (VPS) group commercial business development manager Steve Bee has said that the number of fuels that are non-compliant with the sulphur...

Sinopec sees increased bunker sales in China

Domestic very low sulphur fuel oil (VLSFO) production has seen growth in China leading to increased bunker sales by the leading supplier Sinopec at...

Lytton refinery shutdowns due to poor fuels demand

Caltex Australia has shutdown the Lytton refinery in Brisbane, according to Ship&Bunker. The Australian refinery will remain closed until market conditions improve. Caltex had...

Oil price recovery sees accretion in bunker price

As recoveries go the oil price rises over the last week have almost gone unnoticed in the turmoil of the Coronavirus crisis. Last year the...

VLSFO price hits record low

The cost of VLSFO bunkers in the four main bunkering hubs of Singapore, Fujairah, Rotterdam, and Houston has continued to fall, hitting a record...

Sinopec eyes HLT’s Universal Terminal

Chinese state energy company Sinopec, Asia's largest refinery, is in early-stage talks with Hin Leong Trading Pte Ltd to buy a stake in an...

Volatile oil prices see VLSFO dip below HFO for the first time

The price of VLSFO has dipped below the price of HFO for the first time this week as the volatility of crude oil prices...

MABUX – bunker Index -17 April

The European Association for Forwarding, Transport, Logistics and Customs Services, CLECAT, believes that some shipping lines are using bunker adjustment factors (BAF) to claw...

MABUX – bunker index -16 April

Ocean bunkering, the Hin Leong Trading subsidiary that supplies bunker fuels, has said that it will suspend deliveries from 17 April according to Reuters...

MABUX- bunker index – 15 April

Stocks of oil in north-western Europe increased by 15.8% in a week, according to reports from Platts’ Bunkerworld in the seven days to 15...

MABUX – bunker index – 14 April

The Organization of the Petroleum Exporting Countries (OPEC) and the non-OPEC nations known as OPEC+, have agreed to reduce oil production by 9.7 million...
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