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The Weekly MABUX Bunker Index

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...

MABUX – bunker index 13 April

Bunker market sales in the key refuelling Port of Singapore increased more than 11% according to the Maritime Port Authority which recorded sales of...

MABUX bunker index – 9 April

Asia’s third largest bunker fuel supplier, Ocean bunkering, and its parent company oil trader Hin Leong Trading have reportedly run into financial difficulties with...

MABUX bunker index – 8 April

Global fuel prices continue to fluctuate among the key regions today, as uncertainty caused by the Coronavirus has made the market difficult to predict. Although...

MABUX bunker index – 7 April

Kuwait’s Mina Al-Ahmadi oil refinery has accomplished a biofuels expansion project with two additional production units coming on-stream, the state-run Kuwait News Agency reported,...

MABUX bunker index – 6 April

OPEC and Russia have postponed a meeting set for today to discuss supply cuts and ending a brutal price war, according to CNN.  The meeting...

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