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  Ports       380 cSt 180 cSt ULS F0 MGO/MGO LS Date
Rotterdam(NL) Market Indications   
ULS FO / MGO LS 		Ex Barge     442 arrow     463 arrow    
603
arrow 		    -
619
arrow 		25 Apr
ice logo Updated every 30s
Rotterdam (NL) Price Forecast
    		Forecast for today:
Forecast for tomorrow:		 -1.50
-1.25
 
  		 
  		-
- 		 
  		            +2.00
-5.50
Apr25
Data retrived: 2019-04-26 05:04 CET
Please note that above-mentioned prices are purely indicative -based on volumes fuel 500 mt and mdo / gas oil 100 mt-, to be used as guidance only, since market is fluctuating constantly.

DISCLAIMER!

Prices published are only indications and may therefore vary.
Marine Bunker Exchange takes no responsibility for any market decisions taken on the basis of such indications.
MABUX World Bunker Index 380 HS, 180 HS and MGO (Gasoil) Future Curve
world index
Date380HSFO180HSFOMGO LS
2019-04-25437.29(+3.93)485.93(+4.22)663.29(-0.14)
2019-04-24433.36481.71663.43
 oil futures
DateBrentWTISpread
2019-04-2574.3565.219.14
2019-04-2474.5765.898.68
Brent crude oil
Prices shown in $/barrel
Light crude oil (WTI)
Prices shown in $/barrel
Gas oil
Prices shown in $/mton
Heating oil
Prices shown in $/mton
National Balаncing Point NBP
Prices shown in pence/therms

Latest News

Oil prices ease on expectation that OPEC will raise output

2019-04-26 - Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions by the United States against Tehran. Brent crude futures were at $74.09 per barrel at 0029 GMT, down 26 cents, or 0.4 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were at $64.82 per barrel, down 39 cents, or 0.6 percent, from their previous settlement. The dip followed Brent’s rise above $75 per barrel for the first time thi... Read more

This Country Will Be Critical For The Oil Industry’s Future

2019-04-26 - Iraq will play a crucial part in meeting global oil demand over the next decade, according to a new report from the International Energy Agency (IEA). Iraq is expected to add 1.2 million barrels per day (mb/d) through 2030, the IEA projects, which is the third largest increase out of any other country in the world after the U.S. and Brazil. Already OPEC’s second largest producer, Iraq has succeeded in ramping up production to nearly 4.5 mb/d in 2018, a remarkable achievement given where the country has been in recent years. As a res... Read more

Iran Demands U.S. Apologize For Illegal Sanctions

2019-04-26 - Global oil markets are still adjusting to President Trump’s decision on Monday to not extend the 180-day waiver for Iranian oil imports to the country’s eight largest customers. On Thursday, global oil benchmark, London-traded Brent crude futures rose above $75/barrel for the first time this year. By 0705 GMT the benchmark pulled back to $74.90, but still an increase of 33 cents from the previous session. Prices are also still receiving support from oil output cuts from the OPEC+ deal to trim 1.2 million bpd from markets as well ... Read more

Saudi Arabia Will Cap The Oil Price Rally

2019-04-26 - The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market. Although Rystad Energy anticipated a further tightening of sanctions, the details in the announcement have led us to revise our forecast downward for Iranian crude production. Rystad Energy forecasts that production will drop to 2.27 million bpd for the second half of 2019, reaching this level by July 2019, which equates to a drop of 0.43 million... Read more

Russia’s Novatek Sells 20% In Arctic LNG 2 To Chinese Firms

2019-04-26 - Russian gas producer Novatek said on Thursday that it had signed agreements with two Chinese companies, under which the Asian firms will become shareholders in the Arctic LNG project with 10 percent each. Novatek, the largest Russian producer and exporter of liquefied natural gas (LNG), signed an agreement with CNOOC and another deal with China National Oil and Gas Exploration and Development Company (CNODC), a wholly owned subsidiary of China National Petroleum Corporation (CNPC). CNOOC and CNODC will enter the Arctic LNG project with a 10-... Read more

Venezuela’s Oil Industry Implosion Reaches Chevron

2019-04-26 - Massive blackouts in Venezuela in March and April have drastically reduced oil production at Chevron’s biggest oil joint venture in the country, Bloomberg reported on Thursday, citing data that it had compiled from company sources. Chevron holds a 30-percent stake in Petropiar, a joint venture with PDVSA in Venezuela’s Orinoco Belt operated by the Venezuelan state oil firm. The project processes extra heavy crude oil from the Huyapari field and upgrades it to a lighter, higher-value synthetic oil. Due to the numerous blackouts... Read more