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...

The Weekly MABUX Bunker Index

A second coronavirus wave could demolish fuel prices

Container News Team - June 18, 2020 0

A feared second wave of coronavirus infections may have arrived, according to MABUX, with cases rising in many parts of the US, while exploding...

The Weekly MABUX Bunker Index

Narrow spreads stall scrubber retrofits

n.savvides - June 12, 2020 0

Last week bunker prices continued to rise slightly. MABUX Global Bunker Index for 380 HSFO rose from US$274/tonne on 4 June up to US$287/tonne...

The Weekly MABUX Bunker Index

Index shows bunker prices steadily increasing

n.savvides - June 4, 2020 0

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

The Weekly MABUX Bunker Index

Testing group says VLSFO non-compliance declining

n.savvides - May 28, 2020 0

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...

The Weekly MABUX Bunker Index

Sinopec sees increased bunker sales in China

Container News Team - May 21, 2020 0

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

The Weekly MABUX Bunker Index

Lytton refinery shutdowns due to poor fuels demand

Container News Team - May 14, 2020 0

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...

The Weekly MABUX Bunker Index

Oil price recovery sees accretion in bunker price

n.savvides - May 7, 2020 0

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...

The Weekly MABUX Bunker Index

VLSFO price hits record low

Container News Team - April 30, 2020 0

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

The Weekly MABUX Bunker Index

Sinopec eyes HLT’s Universal Terminal

Container News Team - April 23, 2020 0

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...

News

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

n.savvides - April 21, 2020 0

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

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The Weekly MABUX Bunker Index

Downward trend for global bunker prices

Slight upward trend for global bunker indices

Global bunker indices maintain upward trend

Global bunker indices rise moderately

Bunker indices show mixed trends and fluctuations

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